Press Release

India: Electric vehicle sales in top gear, record 23% rise in 2020 than last year

In what might be seen as a transfer in the direction of lowering the carbon footprint, sales of electrical autos have shot up by 23% in the primary eight months of 2020 in comparison with the identical interval in the earlier year.

According to information accessible with the regional transport authority (RTA), over 11,000 electrical and battery-operated autos are plying in Telangana as on August 6. This consists of over 6,000 electrical vehicles and 4,000 electrical two-wheelers.

The corresponding variety of electrical autos plying in the state in July 2019 was 9,303 which included 5,573 electrical vehicles, 3,690 electrical two-wheelers and 40 RTC passenger autos. Industry specialists attribute the rise in buy of e-vehicles to components resembling discount in items and providers tax (GST) in addition to higher affordability on account of low prices of possession.

Experts additionally said that the latest resolution of the state authorities to encourage and promote the utilization of electrical autos will push extra individuals to decide on them in the close to future. The authorities accepted the brand new Telangana State Electric Vehicle and Energy Storage Solution Policy and likewise determined to encourage manufacturing of electrical autos in the state by varied incentives to each potential homeowners and producers.

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