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

FADA data shows EV retail sales surged 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 77,448 e-3W, 31,823 EV PVs and 3,214 e-CVs. Tata, Mahindra, TVS, Bajaj and Ather paced the segments.

— Filed Wed, 15 Jul, 2026, 07:20 IST · Source Financial Express · BrandWagon · Updated

India's EV retail sales hit record 306,220 units in June 2026, up 62.7% YoY, with penetration crossing 12%. Tata, Mahindra, TVS, Bajaj and Ather led across segments in the mobility-retail transition.

Why this matters

The June 2026 figures confirm the record 306,220-unit month FADA has been tracking, with penetration crossing 12% and e-2W volumes leading a broad-based surge across categories.

Retail-company theme is accelerating, up 790800% QoQ.