India EV car sales set to cross 3 lakh units for first time in 2026
Electric passenger vehicle sales are forecast to top 3 lakh units in 2026, up from ~2 lakh in 2025, with H1 registrations near 1.5 lakh and average monthly volumes around 27,000. Growth is driven by sub-Rs 15 lakh models, expanding range, battery-as-a-service ownership and rising ICE fuel costs.
India's electric passenger vehicle sales are forecast to cross 3 lakh units for the first time in 2026, driven by new model launches, sub-Rs 15 lakh options, better battery tech, BaaS ownership models and rising fuel costs.