May auto retail hits record 25.3 lakh units; EV 2W share jumps to 9.25% on fuel-price hike
FADA reports total vehicle retail up 9.55% YoY in May to 25,31,067 units, with PVs at 4.02 lakh (+23.25%) and 2Ws at 18.45 lakh (+7.54%). Electric two-wheeler share surged to 9.25% from 6.11% as dealers cite a spike in enquiries for fuel-efficient and green vehicles post fuel-price hike. 59% of dealers expect further growth.
FADA reports record May auto retail of 25.31 lakh units (+9.55% YoY) with electric two-wheeler share jumping to 9.25% from 6.11% as fuel-price hikes drove enquiries for fuel-efficient and alternative-powertrain vehicles.
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