Electric vehicle (EV) sales in India reached 696,769 units in the first quarter (Q1) of 2026, an increase of over 35.5% year-over-year (YoY) against the 514,198 units.

EVs account for 9% of overall automobile sales, which totaled 7,889,101 units in Q1 2026, according to data released by the Ministry of Road Transport and Highways through its Vahan Dashboard.

India now has over 8.35 million registered EVs.

Electric two-wheelers

Electric two-wheelers accounted for nearly 61% (427,773) of total EVs sold in Q1 2026. TVS Motor Company led the segment with the highest sales at 116,290, followed by Bajaj Auto (97,616), Ather Energy (78,858), Hero Motocorp (47,442), and  Ola Electric (21,626).

Electric three-wheelers

Electric three-wheelers constituted 29.5% (205,703) of all EVs sold during the quarter. Bajaj Auto sold 26,290 units, the most in this category, followed by Mahindra Last Mile Mobility (24,372), TVS Motor Company (8,008), YC Electric Vehicle  (6,295), and Dilli Electric Auto (5,109).

Electric four-wheelers

Electric four-wheelers accounted for 8% of total sales, or 55,200 units, in Q1. Tata Passenger Electric Mobility led the segment again, selling 21,782 units, followed by JSW MG Motor, selling 13,525 units. Other significant electric four-wheeler companies in the market include Mahindra Electric Automobile (11,848), VinFast Auto (1,560), and Maruti Suzuki (1,401).

Electric buses

The quarter saw the sale of 1,518 electric buses. Switch Mobility Automotive led the segment, selling 542 units, followed by JBM Auto with 451 units. Other significant electric bus companies in the market include PMI Electro Mobility Solutions (256), Aeroeagle Automobiles (71), and Olectra Greentech (65).

EV sales in India reached a record 2.27 million units in 2025, an over 16% year-over-year increase from 1.95 million units sold in 2024.

Recently, Parliament’s Standing Committee on Industry raised concerns about the dominance of the automobile and EV ecosystem in the MHI budget, which is around ₹75.37 billion (~$802.49 million), accounting for about 94.9% of total MHI demand. The Committee warned that these enhanced outlays must be backed by realistic implementation pipelines and constant monitoring to avoid under-utilization and cuts at the revised estimates stage.