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India Electric Passenger Vehicle Sales May Cross 3 Lakh Units in 2026 Manufacturing
Automotive & Parts #electric vehicles#passenger vehicles

India Electric Passenger Vehicle Sales May Cross 3 Lakh Units in 2026

India's electric passenger vehicle (EPV) sales are expected to exceed 3 lakh units in 2026 for the first time, compared to under 2 lakh in 2025, according to Frost & Sullivan and Crisil. Growth is supported by doubling of model options, improved battery range, and rising fuel prices widening EV total cost of ownership advantage. Vahan data shows registrations nearing 1.5 lakh so far in 2026.

Jun 29, 2026 1 source
India's Passenger Vehicle Market Surges 23% Amid Global Uncertainties Business
Economy #india#passenger vehicles

India's Passenger Vehicle Market Surges 23% Amid Global Uncertainties

India's passenger vehicle market experienced a 23% year-on-year growth in May, with sales reaching nearly 4.4 lakh units. This surge reflects robust consumer demand and a thriving manufacturing ecosystem, as highlighted by Commerce and Industry Minister Piyush Goyal.

Jun 6, 2026 1 source