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, pushing penetration past 12%. Growth was broad-based: 193,735 e-two-wheelers, 77,448 e-three-wheelers, 31,823 EV passenger vehicles and 3,214 e-CVs, with Tata, Mahindra, TVS, Bajaj and Ather leading their segments.

— Filed Fri, 10 Jul, 2026, 05:36 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, Mahindra, TVS, Bajaj and Ather led across segments, signaling broad-based EV mobility retail growth.

Why this matters

FADA's June figures mark the first time India EV retail crossed 3 lakh units, extending the record-setting trajectory seen in recent monthly data as penetration breaks the 12% barrier.

Retail-company signals accelerating, up 694800% QoQ.