India sees over 120% growth in EVs, hybrid vehicles surge 400%


Connected Car

ARTICLE SOURCE

India saw 120 per cent growth in electric vehicles (EVs) in the second quarter of this year, driven by a 400 per cent surge in hybrid vehicles, a report showed on Monday. The surge in EV adoption was driven by the introduction of new affordable models, including, for instance, MG Comet EV from MG Motors. The remarkable growth in hybrid vehicle demand was driven by OEMs, including Toyota Kirloskar, Maruti Suzuki, and Honda Motors. Over 90 per cent of EV sales in Q2 2023 were equipped with smart connected features, and digital cockpits adorned around 15 per cent of hybrid vehicles, the report noted. Advanced connectivity and digital cockpit functionalities are projected to capture a 40 per cent market share, the report noted.