India's EV Surge: 56% Jump in Q1 FY27

India's electric vehicle market experienced a remarkable surge in the first quarter of FY27, with registrations climbing 56.6% to 825,452 units. This significant increase from the previous year indicates a strong acceleration in EV adoption across various vehicle segments, including two-wheelers, three-wheelers, and passenger cars. The heightened interest in EVs coincided with multiple increases in petrol, diesel, and CNG prices in May 2026, making the lower running costs of electric vehicles increasingly appealing to consumers. Uttar Pradesh led the nation with 117,388 EV registrations in April-June, followed by Maharashtra and Karnataka, which together with Tamil Nadu, accounted for over 43% of the total national sales during the quarter.

The momentum in monthly registrations gained throughout the quarter, with June 2026 seeing a substantial increase over both the previous month and the same period last year. Electric vehicles also captured a larger share of overall vehicle registrations in June, surpassing 11% for the first time. The electric two-wheeler segment saw a 75% year-on-year growth in June 2026, crossing the 10% market penetration milestone. Electric three-wheelers also reported robust growth, with their sales increasing by 28% year-on-year, driven by their commercial viability and lower running costs. Electric car registrations displayed even more impressive growth, rising 117% year-on-year in June 2026.