Electric vehicle (EV) retail sales surged by 53% in August, reaching nearly 3 lakh units, according to the Federation of Automobile Dealers Associations (FADA). The sharp increase reflects growing consumer adoption of EVs amid rising demand for sustainable transportation options. Industry analysts attribute the growth to government incentives, expanding charging infrastructure, and competitive pricing in the market. The data underscores a significant shift in consumer preferences toward cleaner, more efficient vehicles.
EV retail sales rise 53% in August to 2.98 lakh units: FADA cfo.economictimes.indiatimes.com
