Electric Vehicle Retail Sales Rise Significantly in India

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New Delhi, April 7 Total retail sales of electric vehicles in India grew by 24.6 per cent to 24.52 lakh units in FY26, compared to the previous fiscal, with all categories experiencing strong double-digit growth, the Federation of Automobile Dealers Associations said on Tuesday.

While electric two-wheelers reached 14 lakh units, retail sales of electric passenger vehicles fell just short of 2 lakh units but surged by 83.63 per cent in FY26, FADA said in a statement.

"FY'26 has been a turning point for India's electric mobility story. Total EV retail across two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles stood at approximately 24.52 lakh units, growing nearly 24.6 per cent year-on-year, with every category experiencing strong double-digit growth," FADA President CS Vigneshwar said.

In the electric passenger vehicle category, total sales were at 1,99,923 units in FY26, compared to 1,08,873 units in FY25, representing a growth of 83.63 per cent.

Tata Motors Passenger Vehicles was the leader in the electric passenger vehicle segment by volume, with 78,811 units in FY26, followed by JSW MG Motor India at 53,089 units and Mahindra & Mahindra Ltd with 42,721 units in second and third places, respectively, according to FADA data.

The electric two-wheeler category saw a growth of 21.81 per cent to 14,01,818 units in FY26, up from 11,50,790 units in FY25.

TVS Motor Company was the leader in the segment, with 3,41,513 units, followed by Bajaj Auto with 2,89,349 units in second place and Ather Energy with 2,39,178 units in the third spot in FY26.

FADA said the electric three-wheeler category witnessed a growth of 18.97 per cent to 8,30,819 units in FY26, compared to 6,98,914 units in FY25.

Electric commercial vehicle sales surged by 120.57 per cent to 19,454 units in FY26, compared to 8820 units in FY25, FADA said.

Reflecting on the overall EV sales, Vigneshwar said, "This is not just an achievement for the automobile industry; it is a testament to India's ability to lead a mass-market energy transition, from the last-mile auto-rickshaw to the family car."

This demonstrates that the momentum behind India's EV journey remains strong, he added.
 

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ather energy bajaj auto commercial vehicles electric mobility electric vehicles fada fy26 india jmwg motor india mahindra & mahindra passenger vehicles retail sales tata motors tvs motor company two-wheelers
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