EV Sales News: Electric vehicle sales to cross 2 million in FY24: Experts
Mumbai: The next fiscal is expected to see electric vehicle (EV) sales crossing the 2 million mark if current trends continue, experts said. A significant incentive amount is yet to be disbursed under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II programme set to end at the end of the next fiscal and will add to the momentum across segments in FY24, they said.Retail sales of EVs have already crossed 1.11 million units this fiscal year, accounting for more than 5% of total automobile sales and…