TL;DR
India's EV exports saw a 14-fold increase in the June 2026 quarter, with Maruti Suzuki leading overseas shipments amidst rising global fuel prices.
India's electric vehicle (EV) exports experienced a significant surge in the June 2026 quarter, increasing fourteen-fold compared to the same period last year. Overseas shipments rose from 1,122 units to 15,641 units, with this quarterly volume representing over half of the 28,652 EVs exported during the entire previous fiscal year.
This substantial growth in EV exports coincides with rising fuel prices in various global markets, driven by geopolitical factors such as the US-Iran conflict, which has fueled stronger international demand for electric vehicles. Maruti Suzuki India emerged as a frontrunner in these overseas shipments, contributing significantly to the overall export figures.
The increased export volumes highlight India's growing prominence in the global EV market and its expanding reach into new international territories, indicating a positive trajectory for the country's electric vehicle manufacturing sector.
