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India's EV Passenger Car Market Share Nearly Doubles to 5% in H1 FY26

TL;DR

Electric passenger vehicles now constitute 5% of India's total car sales in H1 FY26, nearly doubling their market share from the previous fiscal year due to surging demand.

The adoption of electric passenger vehicles in India is rapidly accelerating, with their contribution to total car sales nearly doubling over the last year. For the first six months of fiscal year 2025-26 (H1 FY26), electric cars accounted for approximately 5% of all passenger vehicle sales, a significant jump from 2.6% at the end of FY25. This surge underscores a growing consumer preference for green mobility and effective policy support.

Sales of electric vehicles grew by 108% to 91,726 units in H1 FY26 compared to the same period in the previous year, with major players like JSW MG Motor and Tata Motors leading this impressive growth. Luxury brands such as BMW and Mercedes are also reporting strong EV adoption, prompting them to expand their electric offerings. This upward trend indicates that EVs are moving from a niche market to a mainstream segment in India's automotive landscape.

Electric-green-mobilityMarket-insights-analysis

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