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Indian EV Market Experiences Robust 43% Growth in First Half of 2026

TL;DR

India's EV market grew by 43% in H1 2026, with electric car sales surging 83%, driven by new models and expanding infrastructure, according to a JMK Research report.

India's electric vehicle (EV) market witnessed a significant year-on-year growth of 43% during the first half of 2026, with a total of 15,41,377 units registered between January and June. A report by JMK Research highlights that EV penetration reached 11.43% in H1 2026, a notable increase from over 8% during the same period in 2025.

This growth is attributed to ongoing policy investments, the expansion of charging infrastructure, and a broader range of EV products in the market. Electric car sales, in particular, saw an 83% year-on-year increase, driven by the introduction of eight new models, offering consumers more choices. Tata Motors and Mahindra continue to lead the electric car segment.

Electric-green-mobilityIndustry-trendsMarket-insights-analysis

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