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EV retail sales at all-time high of 3,06,220 units in June, penetration cross 12 pc: FADA
Electric vehicle retail sales in India reached an all-time high of 3,06,220 units in June. This growth pushed overall EV penetration past twelve percent for the first time, says the Federation of Automobile Dealers Associations. The two-wheeler segment led this surge, registering substantial year-on-year increases. Electric passenger and commercial vehicles also saw their best-ever months. Electrification has now moved decisively into the mainstream of Indian auto retail.
Ola Electric doubles QoQ growth in Q1 FY26; June vehicle registrations at 16,144 units
Ola Electric witnessed a significant surge in electric two-wheeler registrations during the April-June quarter, nearly doubling from the previous period. This impressive growth, reaching 43,719 vehicles, is attributed to enhanced retail operations, better product availability, and consistent customer demand. The company registered its highest monthly sales in June, signaling a strong recovery in market momentum and underscoring its commitment to expanding EV adoption in India.
India's passenger vehicle sales expected to grow 4-6% in FY27: Report
Passenger vehicle sales are poised for a 4-6% expansion this fiscal, fueled by strong demand, improved affordability post-GST cuts, and the enduring popularity of utility vehicles. Last fiscal saw robust wholesale and retail growth. While rising fuel costs and monsoon concerns loom, utility vehicles continue to lead, and electric vehicle adoption is also gaining significant traction.
India's EV penetration crosses 11% for first time as auto retail sales hit record in May
India's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dealers reported more inquiries for fuel-efficient and green vehicles following fuel price hikes. Passenger vehicles and two-wheelers saw their best-ever May sales. The outlook for June remains cautiously optimistic, supported by monsoon progress and rural demand.
Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand ahead
Indian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural markets showing strong demand. Two-wheeler sales also increased. Dealers anticipate continued growth driven by monsoon progress and upcoming festivals. Electric vehicle adoption is rising across segments. The industry remains cautiously optimistic for the coming months.
Ola Electric sees 23 pc growth in monthly registrations in May
Ola Electric saw a significant jump in vehicle registrations last month. May Sales increased by 23 percent compared to April. This growth outpaced the overall electric two-wheeler market. The company attributes this success to retail changes and better operations. Rising petrol prices are also encouraging more buyers to switch to electric vehicles. Ola Electric is focused on expanding electric vehicle adoption.
EV retail sales in India up 24.6% at 24.52 lakh units in FY26: FADA
India's leap into the future of transport was evident in FY26, as electric vehicle sales skyrocketed to 24.52 lakh units, a noteworthy increase of 24.6 percent. The two-wheeler segment alone accounted for over 14 lakh units, underscoring consumer enthusiasm. Meanwhile, electric passenger vehicles surged with an impressive growth rate of 83.63 percent.
India ready to meet 270 GW peak power demand this summer, says Manohar Lal
India is ready for this summer's peak power demand of 270 GW. The nation's power infrastructure is robust. Future demand will rise with AI, data centers, and electric vehicles. Transmission lines are expanding significantly. This ensures reliable power supply for growing needs.