📈 Sri Lanka EV Registrations Hit 8,098 Units in April

Overall vehicle registrations in Sri Lanka dropped sharply to 51,156 units in April (down from 59,734 in March), driven heavily by a contraction in three-wheelers. Electric Vehicle (EV) registrations followed the downward trend, falling to 8,098 units from March’s 8,805 units, based on provisional market data. • Overall EV Volumes: Totaled 8,098 units for April. While passenger segments saw sharp declines, the low-cost two-wheeler segment kept the momentum alive, cushioning the overall drop. • Two-Wheelers (2W): The undisputed volume driver, rising to 7,452 units in April (vs. 7,195 in March). EVs now command a substantial 19.3% share of total 2W registrations, up from 8.4% just three months ago—reflecting rapid adoption in affordable transport. • Passenger Cars & SUVs: Motor car EVs plummeted to 387 units (from 1,183 in March), while EV SUVs fell to 139 units (from 218 in March). • Three-Wheelers (3W): EV 3Ws nearly halved, dropping to 102 units from March's 186 units. • Electric Vans: Slid to 568 units (from 784 in March). Pre-owned models dominated with 521 units, led by Suzuki Every (378), Toyota (84), and Nissan (72). The financing share for this segment stood at 57%.