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The Economic Times
The Economic Times

India's EV penetration crosses 11% for first time as auto retail sales hit record in May

New Delhi: India's automobile retail sales grew 9.55 per cent to a record 25,31,067 units in May, while EV penetration crossed 11 per cent for the first time, as dealers saw a surge in enquiries for fuel-efficient and green vehicles after last month's fuel price hikes amid the West Asia crisis, FADA said on Monday.

The cumulative automobile retail sales in India stood at 23,10,451 units in the same month last year.

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