India's EV Retail Sales Jump 24.6% To 24.5 Lakh Units In FY26: FADA

(MENAFN- KNN India) New Delhi, Apr 7 (KNN) Electric vehicle (EV) retail sales in India rose 24.6 per cent year-on-year to 24.52 lakh units in FY26, with all segments recording strong double-digit growth, according to the Federation of Automobile Dealers Associations (FADA).

The industry saw robust momentum across two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles, marking a significant year for India's clean mobility transition.

FADA President CS Vigneshwar said,“FY'26 has been a watershed year for India's electric mobility story,” adding,“This is not just an automobile industry achievement, 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," reported PTI.

Passenger EVs Surge, Near 2 Lakh Mark

Electric passenger vehicle (PV) sales surged 83.63 per cent to 1,99,923 units in FY26, nearly touching the 2 lakh milestone.

Tata Motors Passenger Vehicles led the segment with 78,811 units, followed by JSW MG Motor India at 53,089 units and Mahindra & Mahindra Ltd with 42,721 units.

Two-Wheelers Continue to Dominate

Electric two-wheelers remained the largest segment, crossing 14 lakh units with sales of 14,01,818 units, up 21.81 per cent from FY25.

TVS Motor Company topped the category with 3,41,513 units, followed by Bajaj Auto at 2,89,349 units and Ather Energy at 2,39,178 units.

Three-Wheelers and Commercial EVs Expand

Electric three-wheeler sales grew 18.97 per cent to 8,30,819 units, reflecting strong adoption in last-mile mobility.

Meanwhile, electric commercial vehicles recorded the fastest growth, surging 120.57 per cent to 19,454 units, albeit on a lower base.

(KNN Bureau)

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