Electric Cars: According to a news from Economic Times, after filling the fast pace in the last few years, there is now a slowdown in the sale of electric vehicles in India. To bring it back on track, Indian electric vehicle manufacturers are offering their own schemes for the first time to the customers.
The amount of stock with the dealers has started increasing, which needs to be matched with the demand for supply. About 200 electric car vehicles are sold daily in India and dealers have a stock of 15-20 days. Which is likely to increase to 450-800 crores.
Due to this, the giants of the electric car market, Tata Motors and MG Motor have introduced an attractive scheme for the customers for a limited time last week. However, according to the information given by the officials of both the companies, this scheme has been brought not because of the sluggishness in the electric vehicles in the market but only to remove the mismatch in the stock.
On the other hand, according to the news published in ET, according to the information sent to a dealer by a Mumbai-based company, a benefit of Rs 1,00,000 can be availed on most models of the Nexon Prime (2022 model), including the XM. Apart from this, the company is also offering benefits on the current year’s models, which includes a discount of up to Rs 30,000 on the Prime and Ziptron models.
At the same time, MG is also offering benefits of up to Rs 1,50,000 on its ZS electric car under Summer Fest. Whose advertisement has been issued by the company.
Talking about the sale of electric vehicles in the previous months, in March 2023, 7,144 electric vehicles were sold. Whereas in April this year, the sales came down to 5,376 units. Whereas in May it again reached 6,753 units. Apart from this, about 5203 units have been sold so far in the current month (June).
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