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

EV retail sales surged 62.7% YoY to a record 306,220 units in June 2026, pushing penetration past 12%. Tata Motors and Mahindra led passenger EVs (7.7% penetration), TVS and Bajaj drove e-2W (10.6%), while e-3W penetration hit 64.1% across 77,448 units.

— Filed Wed, 15 Jul, 2026, 07:51 IST · Source Financial Express · BrandWagon · Updated

India's EV retail sales hit a record 306,220 units in June 2026, up 62.7% YoY, with penetration topping 12%. Tata Motors, Mahindra, TVS and Bajaj led their respective segments as mobility retail broadened across all categories.

Why this matters

FADA's June figures confirm accelerating EV adoption reported in recent signals, with retail crossing 306,220 units and penetration topping 12% for the first time across passenger, 2W and 3W segments.

Retail-company signals accelerating, up 791,300% QoQ.