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New EV sales down in January with CCD gone

BYD-Seal-at-Auto-EXpo-2023-India

With the Clean Car Discount (CCD) gone, it is unsurprising that petrol and diesel vehicle registrations surged in January 2024, comprising 96.2% of January registrations at 12,173 units.

So says Motor Industry Association chief executive Aimee Wiley, adding the total Industry by motive power for January comprised 274 battery electric vehicles (2.2% share), 202 plug-in hybrid EVs (1.6% share), 2366 hybrids (18.7% share) and 9807 internal combustion engine vehicles (77.5% share).   

January’s result of 12,649 units is comparable to the prior year, coming in 1.3% higher than January 2023 (12,481 units) but 6.2% lower than January 2022 (13,479 units), says Wiley.

The top three battery electric models in January were the BYD Seal (31 units, 12.7% share), followed by the Tesla Model Y (25 units, 10.2% share) and Toyota BZ4X (23 units, 9.4% share).

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Among the top three plug-in hybrid vehicle (PHEVs) in January were the Porsche Cayenne (24 units, 11.9% share), the Mitsubishi Eclipse Cross (18 units, 8.9% share) and Volkswagen Touareg (14 units, 6.9% share).

The first three non-plug-in hybrid vehicles (HEVs) were the Toyota RAV4 (568 units, 24.0% share), Toyota Highlander (297 units, 12.6% share) and Toyota Corolla Cross (242 units, 10.2% share).

As of the end of January 2024, there were more than 73,000 fully electric light vehicles plus a further 30,000 PHEVs, EVDB says.

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