India auto retail hits record 25.3 lakh units in May; EV penetration tops 11% first time
FADA data shows May 2026 auto retail surged 9.55% YoY to 25,31,067 units, a record high. EV share crossed 11% as fuel price hikes pushed buyers toward green vehicles. PV grew 23.25% to 4.02 lakh units; 2W EV share nearly doubled to 9.25% from 6.11%.
FADA reports India auto retail hit record 25.3 lakh units in May 2026, up 9.55% YoY, with EV penetration crossing 11% for the first time as fuel price hikes drove demand for fuel-efficient and green vehicles.