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The Times of India
The Times of India
National
Joy Sengupta | TNN

Pune: E-vehicle registrations soar in July; all eyes on festivals

PUNE: E-vehicle registrations at Pune and Pimpri Chinchwad regional transport offices (RTO) increased by 114% and 117%, respectively, in July as compared to the previous month.

“In August, there has been a very slight dip, but we expect the figures to stay higher in September and in the coming festive months. During festivals like Diwali and Dasara, people tend to buy new vehicles and unlike last year, we hope to see far better registrations of all vehicles this time around. Electric vehicle is a segment which has increased its market share and presence in the city. We are sure that their sales and registrations will go up,” an official from the Pune RTO said.

Another RTO official said high fuel prices was among the reasons for the growth in e-vehicle sales.

“E-vehicles seem costly but a customer also calculates the money spent on fuel. An electric two-wheeler with a 250watt power motor or less doesn’t require an RTO registration, which is attracting people. The cost of such vehicles is around Rs 80,000 to Rs 90,000, but it can be recovered quickly. The sale of e-carts meant for transport of goods is high in Pune,” he said.

Amey Pawar, an e-vehicle dealer in the city, told TOI that e-vehicles were doing very well.

“There is a big growth and parents wanting bikes for their children, senior citizens and woman are opting for e-vehicles. The queries have gone up to 15 each day and the conversion rate is also decent,” Pawar said.

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