Data Drive: Becoming UVquitous
For Indians, utility vehicles (UVs) have emerged as a favourite among passenger vehicles. New players, new models, growing personal mobility and consumer preference towards SUV-type design have been push factors.
There is an overlap in prices between some small cars and compact UVs.
An analysis by Crisil shows that the number of UVs in the top 25 best-selling models increased to 13 in the first nine months of FY22, from just three in 2012, as a UV offers “better off-road capability than a sedan or a hatchback”.