India EV retail hits record 3.06 lakh units in June 2026, up 63% YoY; penetration crosses 12%

FADA data shows EV retail sales reaching a record 3,06,220 units in June 2026, a 63% YoY jump, with penetration above 12%. Passenger EVs crossed 31,823 units (up 107.75%), two-wheelers hit 1,93,735, and three-wheelers reached 77,448 at 64.1% penetration. Tata, Mahindra and TVS lead their segments.

— Filed Tue, 7 Jul, 2026, 18:05 IST · Source Fortune India · Updated

FADA reports India's EV retail sales hit a record 3.06 lakh units in June 2026, up 63% YoY, with EV penetration crossing 12%. Tata, Mahindra, TVS lead segments as electrification becomes integral to India's auto retail landscape.