India EV retail hits record 306,220 units in June 2026, penetration tops 12%

EV retail sales surged 62.7% YoY to a record 306,220 units in June 2026, per FADA, pushing overall penetration past 12%. E-2Ws led volumes at 193,735 units, while three-wheelers stayed most electrified at 64.1%. Tata Motors and TVS topped the PV and 2W segments respectively.

— Filed Mon, 13 Jul, 2026, 05:36 IST · Source Financial Express · BrandWagon · Updated

India EV retail hit a record 306,220 units in June 2026, up 62.7% YoY, pushing penetration past 12%. Tata Motors and TVS led PV and 2W segments; three-wheelers remained most electrified at 64.1%.

Why this matters

The record June 2026 tally reinforces FADA's momentum as it pushes a financing overhaul and targets 3 crore annual auto retail sales, with EV penetration now clearing the 12% threshold.

Retail-company theme is accelerating, up 739700% QoQ.