What factors influenced the Sales of Electric Vehicles in India - April 2021?
Till May 2021, the EV sales grew immensely. It has been a steady sales year for electric vehicles because of increased environmental concerns. And the credit belongs to the growing spectrum of electric vehicles, as more consumers choose all-electric vehicles over traditional gasoline vehicles. A dominating reason for the most popular electric car manufacturer in the world Tesla decided to enter the Indian market. Although April was not an ideal month for automobile companies in the Indian market, amid the 2nd wave of the pandemic that affected the sales, take a look at the figures with the popularity of the cars.
Tata Nexon EV
After May seeing the highest sales of over 4000 since launched, Nexon continues to lead the EV sales of India in April 2021, selling over 525 units of this popular SUV, But sees a marginal decline of 16% from the previous month. Nexon managed to maintain its lead with over 70% market share. Even during one of the toughest months of the second COVID wave in India. Nexon EV has contributed over 7.5% to the total Nexon model sales in April. Nexon has managed to withstand its popularity in the EV range despite its ongoing controversy with the Delhi high court in regards to the inadequate range of the vehicle. The most affordable EV in the SUV range starts from Rs 13.99 lakh up to Rs 16.56 lakh, and with a range of 312 km.
MG ZS EV
This British based SUV has managed to stand 2nd, with the sale of over 156 units in April 2021, with a marginal decline by 48% from 303 units in March, the luxurious SUV prices from Rs 20.99 lakh up to Rs 24.18 lakh. The updated range of the ZS EV is 419 km.
Tata Tigor EV
Tata Tigor EV designed for office life or city usage stands 3rd with 56 sales in April 2021, with a marginal drop by 23.3% from 73 units in March. The cheapest EV in the SUV series starts at Rs 13.99 lakh and goes up to Rs 16.56 lakh. It has a 312-kilometre range.
Hyundai Kona Electric
Hyundai Kona Electric is the highest ranged electric vehicle with a range of 452km but has not managed to see a great sales month since launch. Hyundai Kona Electric has managed to sell a mere 12 units that shows a marginal increase rate of 9.1% compared to March that sold 11 units. Because of the price factor as the Hyundai Kona Electric prices from Rs 23.77 up to Rs 23.96 lakh.
In April 2021, the Indian market sold 749 electric vehicles, a slight decrease of 26.5 per cent compared to March 2021. The outbreak of the second wave in the country, which resulted in lockdowns in several states across the country, caused this reduction. In the next few months, India’s electric car market is also set to see launches from luxury players such as Volvo and German carmaker Audi.
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