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

FADA data shows EV retail sales up 62.7% YoY to a record 306,220 units in June 2026, pushing penetration past 12%. E-2W led with 193,735 units, followed by e-3W at 77,448 and PVs at 31,823. Tata Motors and TVS Motor topped PV and two-wheeler segments; Mahindra led three-wheelers.

— Filed Tue, 14 Jul, 2026, 06:50 IST · Source Financial Express · BrandWagon · Updated

India's EV market hit record monthly retail sales of 306,220 units in June 2026, up 62.7% YoY, with penetration topping 12%. Tata Motors and TVS Motor led passenger and two-wheeler segments; Mahindra led three-wheelers.

Why this matters

FADA's June 2026 figures extend a record-setting run, with EV retail crossing 12% penetration as sales hit 306,220 units, reinforcing the accelerating shift across two-wheelers, three-wheelers and passenger vehicles.

Retail-company theme accelerating, up 766600% QoQ.