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%. E2W led with 193,735 units, followed by E3W at 77,448, EV PVs at 31,823 and ECVs at 3,214. Tata, Mahindra, TVS and Bajaj topped their respective segments.

— Filed Wed, 15 Jul, 2026, 17:35 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, Mahindra, TVS and Bajaj led respective segments across passenger, two-, three-wheeler and commercial categories.

Why this matters

FADA's June 2026 print marks a fresh EV retail record, extending a run of monthly highs as penetration climbs past 12% and segment leaders Tata, Mahindra, TVS and Bajaj consolidate their positions.

Retail-company signals accelerating, up 805500% QoQ.