CURRENT AFFAIRS

Detailed explanation-1: -Trend from last 5 quarters – Q1 FY 21-22 to Q4 FY 21-22 and Q1 FY 22-23 (EV sales – April 2021 to June 2022) – EV sales in India registered a Y-o-Y growth rate of 610% between the first quarter of FY 21-22 (31, 315 units) and the first quarter of FY 22-23 (2, 22, 208 units).

Detailed explanation-2: -EVs up to 11% of vehicle sales in Noida: How masses will adopt electric vehicles. An increase of 39.14 percent has been recorded in total vehicle registrations as the Gautam Budh Nagar transport department registered over 1 lakh vehicles in 2022, up compared to last year’s 77, 825.

Detailed explanation-3: -In 2021, 330, 00 units of EVs were registered in India, clocking a growth of 168 per cent as compared to 2020. This surge in sales was led by 2- and 3-wheelers, which accounted for 48 per cent and 47 per cent of the overall sales, respectively, followed by passenger vehicles at 4 per cent.

Detailed explanation-4: -Electric vehicle (EV) sales have surged, with growth in all three top auto markets: China, the US, and Europe. Sales increased by 160% in the first half of 2021 from a year earlier, to 2.6 million units, representing 26% of new sales in the global automotive market.