India's EV retail sales surged 24.6% in FY26, led by strong growth in electric two-wheelers and passenger vehicles, FADA reports.

Get latest articles and stories on Business at LatestLY. India's electric vehicle transition gathered pace in FY26, with total EV retail sales across two-wheelers, three-wheelers, passenger vehicles and commercial vehicles rising about 24.6 per cent year-on-year to around 24.52 lakh units, according to retail data shared by the Federation of Automobile Dealers Associations (FADA). Business News | India's EV Sales Jump 24.6% in FY26, Offering a Hedge Amid Rising Crude Prices.

Car retail sales in March 2026 closed on a positive note led by an increase in demand for CNG powered cars and electric vehicles.