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					</table><p>Electric vehicle (EV) sales in India reached 837,453 units in the second quarter (Q2) of 2026, a year-over-year (YoY) increase of 52.3% over 549,900 units recorded in the corresponding quarter of 2025.</p>
<p>According to the data released by the <a href="https://morth.nic.in/" target="_blank" rel="noopener">Ministry of Road Transport and Highways</a> through its <a href="https://vahan.parivahan.gov.in/vahan4dashboard/vahan/dashboardview.xhtml" target="_blank" rel="noopener">Vahan Dashboard</a>, EVs accounted for 10.6% of overall automobile sales, which totaled 7,896,871 units during Q2 2026.</p>
<p>India now has over 9.19 million registered EVs.</p>
<p><strong>Electric two-wheelers</strong></p>
<p>Electric two-wheelers accounted for nearly 63% (524,910 units) of total EV sales in Q2 2026. <a href="https://www.tvsmotor.com/" target="_blank" rel="noopener">TVS Motor Company</a> retained its lead in the segment with 130,662 <span style="box-sizing: border-box; margin: 0px; padding: 0px;">units sold, followed by <a href="https://www.bajajauto.com/" target="_blank" rel="noopener">Bajaj Auto</a> (117,581), <a href="https://www.atherenergy.com/" target="_blank" rel="noopener">Ather Energy</a> (88,465), <a href="https://www.heromotocorp.com/en-in.html" target="_blank" rel="noopener">Hero Motocorp</a> (57,062), and </span><a href="https://www.olaelectric.com/experience-centre-visit-registration?utm_source=google&amp;utm_medium=cpc_search&amp;utm_campaign=Brand-Top-cities-ola-test-ride&amp;gad_source=1&amp;gclid=Cj0KCQiAhc-sBhCEARIsAOVwHuTgMIs6kH_Xjc13dhtee2m14FCz6So6bcbJr8rE2hvqoVe4DSopMLQaApFjEALw_wcB" target="_blank" rel="noopener">Ola Electric</a> (43,846).</p>
<p><strong>Electric three-wheelers</strong></p>
<p>Electric three-wheelers constituted 25.8% (216,340 units) of all EVs sold during the quarter. <a href="https://mahindralastmilemobility.com/" target="_blank" rel="noopener">Mahindra Last Mile Mobility</a> emerged as the segment leader after selling 34,417 units during the period, narrowly ahead of <a href="https://www.bajajauto.com/" target="_blank" rel="noopener">Bajaj Auto</a>  (34,182). <a href="https://www.tvsmotor.com/" target="_blank" rel="noopener">TVS Motor Company</a> ranked third with 11,108 units, followed by <a href="https://www.ycevehicles.com/" target="_blank" rel="noopener">YC Electric Vehicle</a> (6,560) and <a href="https://www.citylifeev.com/" target="_blank" rel="noopener">Dilli Electric Auto</a> (4,603).</p>
<p><strong>Electric four-wheelers</strong></p>
<p>Electric four-wheelers accounted for 10.1% of total EV sales in the country, with 84,952 units sold during the quarter.  <a href="https://www.tatamotors.com/" target="_blank" rel="noopener">Tata Passenger Electric Mobility</a> led the segment with 32,110 units, followed by  <a href="https://www.mahindra.com/our-business/automotive" target="_blank" rel="noopener">Mahindra Electric Automobile</a> (19,287) and <a href="https://www.mgmotor.co.in/" target="_blank" rel="noopener">JSW MG Motor</a> (16,591). <a href="https://www.marutisuzuki.com/" target="_blank" rel="noopener">Maruti Suzuki </a>ranked fourth with 4,977 units, while <a href="http://vinfastauto.in/en/node/3" target="_blank" rel="noopener">VinFast Auto </a>completed the top five with 3,001 units.</p>
<p><strong>Electric buses</strong></p>
<p>The quarter saw the sale of 1,438 electric buses.  <a href="https://pmielectro.com/" target="_blank" rel="noopener">PMI Electro Mobility Solutions</a> led the segment with 334 units sold, followed by <a href="https://www.jbmgroup.com/" target="_blank" rel="noopener">JBM Auto</a> (325), <a href="https://www.switchmobilityev.com/" target="_blank" rel="noopener">Switch Mobility Automotive</a> (294),  <a href="https://olectra.com/" target="_blank" rel="noopener">Olectra Greentech</a> (236), and <a href="https://pinnacleindustries.com/" target="_blank" rel="noopener">Pinnacle Mobility Solutions</a> (110).</p>
<p>EV sales in India <a href="https://www.mercomindia.com/electric-vehicle-sales-clock-35-yoy-growth-in-q1-2026/" target="_blank" rel="noopener">reached</a> 696,769 units in Q1 2026, an increase of over 35.5% YoY against the 514,198 units.</p>
<p>The Parliament’s Standing Committee on Industry <a href="https://www.mercomindia.com/parliamentary-panel-flags-low-ev-program-utilization-and-skewed-spending-by-mhi/" target="_blank" rel="noopener">raised</a> concerns about the dominance of the automobile and EV ecosystem in the MHI budget, which is around ₹75.37 billion (~$802.49 million), accounting for about 94.9% of total MHI demand. The Committee warned that these enhanced outlays must be backed by realistic implementation pipelines and constant monitoring to avoid under-utilization and cuts at the revised estimates stage.</p>


EVs Account for Over 10% of Vehicle Sales in Q2 2026


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					</table><p>Electric vehicle (EV) sales in India reached 696,769 units in the first quarter (Q1) of 2026, an increase of over 35.5% year-over-year (YoY) against the 514,198 units.</p>
<p>EVs account for 9% of overall automobile sales, which totaled 7,889,101 units in Q1 2026, according to data released by the <a href="https://morth.nic.in/" target="_blank" rel="noopener">Ministry of Road Transport and Highways</a> through its <a href="https://vahan.parivahan.gov.in/vahan4dashboard/vahan/dashboardview.xhtml" target="_blank" rel="noopener">Vahan Dashboard</a>.</p>
<p>India now has over 8.35 million registered EVs.</p>
<p><strong>Electric two-wheelers</strong></p>
<p>Electric two-wheelers accounted for nearly 61% (427,773) of total EVs sold in Q1 2026. <a href="https://www.tvsmotor.com/" target="_blank" rel="noopener">TVS Motor Company</a> led the segment with the highest sales at 116,290, followed by <a href="https://www.bajajauto.com/" target="_blank" rel="noopener">Bajaj Auto</a> (97,616), <a href="https://www.atherenergy.com/" target="_blank" rel="noopener">Ather Energy</a> (78,858), <a href="https://www.heromotocorp.com/en-in.html" target="_blank" rel="noopener">Hero Motocorp</a> (47,442), and  <a href="https://www.olaelectric.com/experience-centre-visit-registration?utm_source=google&amp;utm_medium=cpc_search&amp;utm_campaign=Brand-Top-cities-ola-test-ride&amp;gad_source=1&amp;gclid=Cj0KCQiAhc-sBhCEARIsAOVwHuTgMIs6kH_Xjc13dhtee2m14FCz6So6bcbJr8rE2hvqoVe4DSopMLQaApFjEALw_wcB" target="_blank" rel="noopener">Ola Electric</a> (21,626).</p>
<p><strong>Electric three-wheelers</strong></p>
<p>Electric three-wheelers constituted 29.5% (205,703) of all EVs sold during the quarter. <a href="https://www.bajajauto.com/" target="_blank" rel="noopener">Bajaj Auto</a> sold 26,290 units, the most in this category, followed by <a href="https://mahindralastmilemobility.com/" target="_blank" rel="noopener">Mahindra Last Mile Mobility</a> (24,372), <a href="https://www.tvsmotor.com/" target="_blank" rel="noopener">TVS Motor Company</a> (8,008), <a href="https://www.ycevehicles.com/" target="_blank" rel="noopener">YC Electric Vehicle </a> (6,295), and <a href="https://www.citylifeev.com/" target="_blank" rel="noopener">Dilli Electric Auto</a> (5,109).</p>
<p><strong>Electric four-wheelers</strong></p>
<p>Electric four-wheelers accounted for 8% of total sales, or 55,200 units, in Q1. <a href="https://www.tatamotors.com/" target="_blank" rel="noopener">Tata Passenger Electric Mobility</a> led the segment again, selling 21,782 units, followed by <a href="https://www.mgmotor.co.in/" target="_blank" rel="noopener">JSW MG Motor</a>, selling 13,525 units. Other significant electric four-wheeler companies in the market include <a href="https://www.mahindra.com/our-business/automotive" target="_blank" rel="noopener">Mahindra Electric Automobile</a> (11,848), <a href="http://vinfastauto.in/en/node/3" target="_blank" rel="noopener">VinFast Auto </a>(1,560), and <a href="https://www.marutisuzuki.com/" target="_blank" rel="noopener">Maruti Suzuki </a>(1,401).</p>
<p><strong>Electric buses</strong></p>
<p>The quarter saw the sale of 1,518 electric buses. <a href="https://www.switchmobilityev.com/" target="_blank" rel="noopener">Switch Mobility Automotive</a> led the segment, selling 542 units, followed by <a href="https://www.jbmgroup.com/" target="_blank" rel="noopener">JBM Auto</a> with 451 units. Other significant electric bus companies in the market include <a href="https://pmielectro.com/" target="_blank" rel="noopener">PMI Electro Mobility Solutions</a> (256)<strong>, </strong><a href="https://aeroeagle.co.in/" target="_blank" rel="noopener">Aeroeagle Automobiles</a> (71), and <a href="https://olectra.com/" target="_blank" rel="noopener">Olectra Greentech</a> (65).</p>
<p>EV sales in India reached a record 2.27 million units in 2025, an over 16% year-over-year increase from 1.95 million units <a href="https://www.mercomindia.com/electric-vehicle-sales-2024/" target="_blank" rel="noopener">sold </a>in 2024.</p>
<p>Recently, Parliament’s Standing Committee on Industry <a href="https://www.mercomindia.com/parliamentary-panel-flags-low-ev-program-utilization-and-skewed-spending-by-mhi/" target="_blank" rel="noopener">raised</a> concerns about the dominance of the automobile and EV ecosystem in the MHI budget, which is around ₹75.37 billion (~$802.49 million), accounting for about 94.9% of total MHI demand. The Committee warned that these enhanced outlays must be backed by realistic implementation pipelines and constant monitoring to avoid under-utilization and cuts at the revised estimates stage.</p>


Electric Vehicle Sales Clock 35% YoY Growth in Q1 2026

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