India EV penetration tops 12% as June retail hits record 306,220 units, up 62.7% YoY
FADA data shows India's EV market hit a record 306,220 retail units in June 2026, up 62.7% year-on-year, with penetration crossing 12%. E-2W led volumes at 193,735 units, followed by 77,448 e-3Ws and 31,823 EV PVs (7.7% PV penetration). Tata Motors, Mahindra, TVS and Bajaj headed their respective segments.
India's EV market hit a record 306,220 retail units in June 2026, up 62.7% YoY, with penetration topping 12%. Tata Motors, Mahindra, TVS and Bajaj led across passenger, two-, three-wheeler and commercial segments per FADA.
Why this matters
Reinforces FADA's June retail readout showing India EV volumes at a record 306,220 units with penetration topping 12%, consistent across recent signals tracking the same milestone.
Footfall theme steady with 378 signals in the last 90 days.