Justdial reports major growth in EV-related searches, non-metro cities show 141% increase

Justdial reports major growth in EV-related searches, non-metro cities show 141% increase

When comparing the period from January-August 2023 to January-August 2024, non-metro cities emerged as key drivers of growth in EV-related searches

-          Metro cities like Hyderabad led the surge, with searches growing to 8 times their previous levels, while in Ahmedabad, Bangalore, and Jaipur, searches increased to 3, 2, and 2 times, respectively. (January-August 2022 vs. January-August 2023).

-          Indore topped the chart with a staggering 379% rise, followed by Patna at 230% and Surat at 143% (January-August 2023 vs. January-August 2024)

Mumbai, 12 Sept 2024: The electric vehicle (EV) market in India has witnessed a remarkable surge in recent years, driven by a combination of government incentives, increasing awareness, and advancements in EV technology. Sales data for the past three years reflects this trend, with a consistent upward trajectory. According to the Federation of Automobile Dealers Association (FADA), the year-on-year market share of electric passenger vehicles doubled to 2.6% in March 2023, up from 1.3% in March 2022. Overall sales of electric passenger vehicles surged to 90,996 units in 2023-24, registering a 91% increase compared to the 47,551 units sold in FY23. Five months into FY2025, EV retail sales have already reached 733,000 units, accounting for 43% of the previous fiscal year’s total of 1.68 million units. This consistent growth underscores the increasing consumer interest in cleaner mobility solutions across India.

To gain insights into this growing consumer interest, Justdial, India's leading local search engine, analysed search data for EV-related categories. The data reveals a significant uptick in searches from January 2022 to August 2024, mirroring the surge in EV sales.

From January-August 2022 to the same period in 2023, the platform saw a nationwide increase of 220% in searches related to electric vehicles. In metro cities, the growth was even more pronounced, reaching 233%, while in non-metro areas, it was at 187%. Metro cities like Hyderabad led the surge, with searches growing to 8 times their previous levels, while in Ahmedabad, Bangalore, and Jaipur, searches increased to 3, 2, and 2 times, respectively. (January-August 2022 vs. January-August 2023). Mumbai, Delhi, and Kolkata also showed substantial increases of 179%, 166%, and 117%, respectively. Non-metro cities were not far behind, with Coimbatore experiencing a 178% rise in searches.

However, from January 2023 to August 2024, the trend reversed, with non-metro cities experiencing a more significant increase of 141% compared to metro cities’ 71% growth. Indore topped the chart with a staggering 379% rise, followed by Patna (230%) and Surat (143%). Metro cities like Chennai (368%) and Kolkata (114%) also saw considerable growth, though the overall spike in metro regions was more tempered at 71%.

Among EV categories, electric bikes on rent experienced the most dramatic spike, with Hyderabad's search volume increasing to an impressive 18 times its previous level. This was followed by Ahmedabad and Bangalore, where searches rose to 5 times and 4 times their previous levels, respectively. Electric vehicle dealers also experienced a substantial jump of 203%, while electric car dealers saw a more moderate 55% rise. (January-August 2022 vs. January-August 2023)

For the comparison years January-August 2023 vs. January-August 2024, electric vehicle dealers recorded a 151% growth nationwide, with Delhi leading at 146%, while electric bus manufacturers grew by 142%. Searches for electric bikes on rent grew by 97%, with Kolkata seeing a 167% rise, followed by Pune (123%), and Mumbai (91%).

These year-on-year trends underscore the growing demand for electric vehicles across India, with both metro and non-metro regions showing heightened interest. As EV adoption continues to grow, it is evident that consumer curiosity and awareness are expanding rapidly, further fuelling the market for electric vehicles and related services.

APPENDIX

Comparison Period: January 2022 - August 2022 vs. January 2023 - August 2023

Pan India: 220%

Metro vs. Non-Metro: 233% vs. 187%

Metro Cities:

• Hyderabad: 740%
• Ahmedabad: 272%
• Bangalore: 244%
• Jaipur: 225%
• Mumbai: 179%
• Delhi: 166%
• Kolkata: 117%
• Pune: 74%

Non-Metro:

• Coimbatore: 178%

Category-wise:

• Electric bikes on rent: 342%
  • Hyderabad: 1606%
  • Ahmedabad: 362%
  • Bangalore: 300%
  • Mumbai: 281%
  • Delhi: 198%
• Electric vehicle dealers: 203%
  • Electric car dealers: 55%

Comparison Period: January 2023 - August 2023 vs. January 2024 - August 2024

Pan India: 91%

Metro vs. Non-Metro: 71% vs. 141%

Metro Cities:

• Chennai: 368%
• Kolkata: 114%
• Mumbai: 90%
• Pune: 71%
• Jaipur and Hyderabad: 68%
• Delhi: 61%
• Ahmedabad & Bangalore: 53%

Non-Metro:

• Indore: 379%
• Patna: 230%
• Surat: 143%

Category-wise:

• Electric vehicle dealers: 151%
  • Delhi: 146%
  • Bangalore: 23%
• Electric Bus manufacturers: 142%
• Electric vehicle battery dealers: 137%
• Electric bikes on rent: 97%
  • Kolkata: 167%
  • Pune: 123%
  • Mumbai: 91%
  • Jaipur: 83%
  • Hyderabad: 66%
  • Delhi: 62%
  • Bangalore: 56%
  • Ahmedabad: 35%
• Electric car dealers: 12%

About Just Dial Limited
Just Dial Limited provides local search related services to users in India through multiple platforms such as Desktop/PC website (https://www.justdial.com), mobile site (https://t.justdial.com), mobile apps (Android & iOS), over the telephone (Voice, pan India number 88888-88888) and text (SMS). Justdial’s latest version of JD App, is an All-in-One App, replete with features like Map-aided Search, Live TV, Videos, Stock quotes, etc. to make the life of the consumer infinitely smoother & more engaging.

 

The Company has recently launched its B2B marketplace platform, JD Mart. JD Mart platform, available at https://www.jdmart.com and via apps on Play Store and App Store, is aimed at enabling millions of India’s manufacturers, distributors, wholesalers, retailers to become internet-ready in post-COVID era, get new customers and sell their products online. The platform offers digital product catalogues to businesses and aims at digitalising India’s businesses, especially MSMEs, across categories. Buyers can discover quality vendors offering a wide selection of products to choose from, spread across millions of categories to suit all B2B needs.

Justdial has also initiated transaction-oriented services for its users. These services aim at making several day-to-day tasks conveniently actionable and accessible to users from one App. With this step, Justdial is transitioning from being purely a provider of local search and related information to being a direct/ indirect enabler of such transactions. Justdial has also recently launched an end-to-end business management solution for SMEs, through which it intends to transition thousands of SMEs to efficiently run business online and have their adequate online presence via their own website, mobile site. Apart from this, Justdial has also launched JD Pay, a unique solution for quick digital payments for its users and vendors.