![In 2023, India overtook China as the market leader for electric three-wheelers (3W) In 2023, India overtook China as the market leader for electric three-wheelers (3W)](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7_uHeLlDba0WQdGmJ-gMAVUm_4F4jaS1YKQAlaAw7r694D0YiOGq1PYS8dsMazZQCRPQSomtMttAoufEQEeUrYGUKTwk2I1JMOZuwuejuSUm8XW5D3kNIM8JLCgTwMiRmyxwwhM3u9BTPqoWax_wlSD3Vv-gKwfGcJi0XffHnK1ZNU4MQAdt2qkclrUCI/w320-h192-rw/Copy%20of%20Copy%20of%20Copy%20of%20Copy%20of%20Copy%20of%20Untitled%20(500%20%C3%97%20300%20px)%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(6).png)
- The Indian market saw a 65% surge in sales, reaching over 580,000 units.
- This growth was attributed to government incentives and a consequent reduction in the cost of ownership of electric three-wheelers.
- In contrast, sales in China experienced an 8% decline, with 320,000 units sold.
- The report was officially launched in two separate webinar events on April 27, 2023.
- Additionally, India, along with China and ASEAN countries, emerged as a global leader in the two- and three-wheeler market in 2023.
- India also made strides in electric two-wheeler sales, marking a 40% growth compared to 2022.
- The market is predominantly dominated by five major domestic manufacturers, which collectively command over 75% of sales.
Question:
Q.1 Which country became the largest market for electric three-wheelers in 2023?a. China
b. India
c. ASEAN countries
d. USA