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

FADA data shows EV retail sales surged 62.7% YoY to a record 306,220 units in June 2026, lifting penetration past 12%. Two-wheelers led at 193,735 units, with three-wheeler penetration hitting 64.1%. Tata Motors, Mahindra, TVS and Bajaj paced gains across segments.

— Filed Tue, 14 Jul, 2026, 02:50 IST · Source Financial Express · BrandWagon · Updated

India's EV retail sales hit a record 306,220 units in June 2026, up 62.7% YoY, pushing penetration past 12%. Tata Motors, Mahindra, TVS and Bajaj led across passenger, two-wheeler, three-wheeler and commercial vehicle segments.

Why this matters

FADA's June figures extend a streak of record EV retail prints, with penetration now firmly above 12% and three-wheelers approaching two-thirds electrification, underscoring accelerating adoption across segments.

Retail-company signals are accelerating, up 763800% QoQ.