India auto retail up 5.5% in May; EV registrations leap 41% as e-2W and e-PV surge
Vahan data shows 2.44M vehicles registered in May 2026, up 5.5% YoY despite a 10.1% sequential dip. Passenger vehicles jumped 18.9% to 382,681 units. EV registrations hit 263,989 (+41.2%), with electric two-wheelers up 58.2% to 165,998 and electric PVs up 73.2% to 25,457, signaling accelerating electrification across segments.
India auto retail registrations rose 5.5% YoY to 2.44M units in May 2026, with passenger vehicles up 18.9%. EV registrations surged 41.2% to 263,989 units, led by electric two-wheelers (+58%) and electric PVs (+73%), signaling accelerating electrification.