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India's EV Sales Reach 2.55 Million in FY2025-26

EV sales grew about 25% to 2.55 million units, with penetration around 8.3–8.5% of new registrations.

Nexgenex Labs ResearchNews
PublishedReading time2 min read
India's EV Sales Reach 2.55 Million in FY2025-26

The update

The India Energy Storage Alliance reports 2.55 million EV sales in FY2025-26, up 25%, at 8.3% of total registrations. JMK Research, using Vahan data, puts penetration at about 8.5%, with electric two-wheelers making up nearly 58% of EV sales.

Why it matters

NITI Aayog's roadmap aims for 30% EV sales by 2030. Growth on that scale will need charging, fleet and payment software to keep pace.

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