HOME > MARKETS > ECONOMY NEWS
  ECONOMY NEWS
ECONOMY
India’s total EV retail sales grow by 24.6% in FY26: FADA
Apr-08-2026

Federation of Automobile Dealers Associations (FADA) said India’s total electric vehicle (EV) retail sales grew by 24.6 per cent, reaching 24.52 lakh units in the financial year 2025-26 (FY26) as compared to the previous fiscal, with all segments recording strong double-digit growth. 

According to the data, electric passenger vehicles (PV) registered the fastest growth among major segments, rising 83.62 per cent to 1,99,923 units in FY26 from 1,08,873 units in FY25. Electric two-wheeler sales rose 21.81 per cent to 14,01,818 units in FY26 as compared to 11,50,790 units in FY25. 

Data further indicated that the electric three-wheeler category saw a growth of 18.87 per cent at 8,30,819 units in FY26, up from 6,98,914 units in FY25. Electric commercial vehicle sales more than doubled to 19,454 units in FY26 from 8,820 units in FY25, reflecting a 120.57 per cent rise. 


  RELATED NEWS >>