According to the vehicle portal, registrations of electric cars increased to 1,93,633 units in FY26, which is much higher than 1,01,205 units last year.
The electric vehicle (EV) segment has recorded strong sales in the financial year 2025-26. The main reason for this is that now the EV ecosystem has become much better than before. Charging networks are no longer a major problem in key areas and financing has also become much easier. Apart from this, customers now have more options of vehicles with better features in different segments.
Along with this, due to reduced battery cost and increased localization, EVs have become more affordable than before. Global reasons have also had an impact. Due to fluctuating fuel prices and geopolitical tensions, many customers are now considering electric vehicles as a more stable option.
According to the vehicle portal, registrations of electric cars increased to 1,93,633 units in FY26, which is significantly higher than 1,01,205 units last year. The two-wheeler EV segment, which already commands the largest share, also saw steady growth. Their registration reached about 14 lakh units in FY26.
Pic Source: Jeevan Tergaonkar
This figure is higher than 11.5 lakh units last year and less than one million units in FY24. The special thing was that there was a sharp jump in sales at the end of the year. Sales of electric cars were 14,177 units in February, which increased to 21,716 units in March. At the same time, there was an even greater increase in the sales of two-wheeler electric vehicles, which increased from 1,08,357 units in February to 1,84,300 units in March.
Year-end purchasing trends, dealer level offers and higher dispatches played an important role in this growth. Although subsidies are gradually reducing, the electric two-wheeler segment is now moving towards steady growth. Its market share has reached about 9 percent, which was about 6.3 percent last year.
In the coming time, the electric car and two-wheeler segment is expected to grow further with the launch of new models at different prices. Due to increasing competition, customers will benefit from better prices, new technology, more range and better infrastructure.
