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, lifting penetration past 12%. E2W led with 193,735 units, followed by E3W at 77,448 and PVs at 31,823. Tata, Mahindra, TVS, Bajaj and Ather led their segments; Ola Electric volumes fell YoY.
India's EV retail sales hit a record 306,220 units in June 2026, up 62.7% YoY, pushing penetration past 12%. Tata, Mahindra, TVS, Bajaj and Ather led across segments; Ola Electric volumes fell year-on-year.
Why this matters
FADA's June 2026 print confirms sustained momentum in India's EV retail, extending a run of record monthly volumes and rising penetration past the 12% mark as segment leaders consolidate share.
Retail-company theme accelerating, up 768,100% QoQ.