Electrical 4 Wheeler Gross sales Report August 2023
The electrical four-wheeler section has been seeing progress this 12 months. It’s on an upswing with the electrification of four-wheelers aiming to create a cleaner and greener transportation future for the nation. Nonetheless, the E4W gross sales declined fairly a bit in August 2023. The section skilled a 13% downfall over the earlier month.
Tata Motors maintained its market chief place in August 2023 as properly, adopted by MG Motors and Mahindra and Mahindra. The highest 3 positions stay the identical. In the meantime, Hyundai Motors and PCA Cars acquired the 4th and the fifth rank respectively.
TOP 10 ELECTRIC FOUR WHEELER COMPANIES
| Sr.N. | COMPANY NAME | JULY | AUGUST | MOM Progress | Market Share |
| 1. | TATA ELECTRIC | 5,427 | 4,598 | -15% | 81% |
| 2. | MG MOTOR | 1,224 | 1,146 | -6% | 18% |
| 3. | MAHINDRA | 373 | 377 | 1% | 6% |
| 4. | HYUNDAI INDIA | 114 | 182 | 60% | 2% |
| 5. | CITROEN (PCA AUTO) | 216 | 110 | -49% | 3% |
| 6. | BYD INDIA | 117 | 92 | -21% | 2% |
| 7. | BMW INDIA | 105 | 70 | -33% | 2% |
| 8. | VOLVO INDIA | 33 | 39 | 18% | 0% |
| 9. | KIA INDIA | 29 | 27 | -7% | 0% |
| 10. | AUDI AG | 9 | 13 | 44% | 0% |
Tata Motors bought the very best variety of electrical four-wheelers. It bought 4,598 items and bought the very best market share of 81 p.c in August 2023.
MG Motors bought 1,146 items delivering good outcomes with a market share of 18 p.c and sustaining its place on the second spot.
Mahindra and Mahindra delivered simply 377 items and managed to take care of its third place in August as properly with a market share of 6 p.c.
Hyundai Motors managed to leap from the sixth spot in July and purchase the 4th place within the chief board. It bought 182 items and delivered nice outcomes with a market share of two p.c.
PCA Cars slipped to the fifth place dropping to Hyundai Motors. It bought 110 items and managed to amass a market share of three p.c.
Tata Motors’ continued dominance within the EV market is a testomony to the corporate’s dedication to offering nice high quality and sustainable autos. It’s making important strides within the EV section and has made a major 54.9% YoY progress as properly. Regardless of the challenges posed by market dynamics, Tata Motors continues to be a outstanding participant and has the lion’s share of the Indian E4W section. The corporate’s essential concentrate on inexpensive electrical mobility continues to present them an distinctive benefit, contributing to their total efficiency within the quickly evolving electrical business.
READ MORE:- Electrical Two-wheeler Gross sales Report August 2023: Finest Promoting Electrical Scooter and Motorbike
#Electrical #Wheeler #Gross sales #Report #August #EVehicleinfo
