India EV sales jump 51% in August as robust demand drives electric car and 2W market growth
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Summary
India’s EV sales rose 51% year-on-year in August 2026, driven by strong demand for electric cars and two-wheelers, despite a temporary month-on-month decline in registrations.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedWednesday, 2 September 2026
Affected Population~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Ministry of Social Justice & EmpowermentNITI AayogMinistry of PowerMinistry of New & Renewable EnergyCEA
Key Stakeholders
BPL FamiliesSenior CitizensPersons with DisabilitiesPower ConsumersDISCOMsCoal Industry
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
4 changes recorded for this policy.
DescriptionWednesday, 2 September 2026via epod_harvard
India’s EV sales rose 51% year-on-year in August 2026, driven by strong demand for electric cars and two-wheelers, despite a temporary month-on-month decline in registrations.
Conducting innovative research on economic growth and development policies to foster inclusive prosperity.
DescriptionWednesday, 2 September 2026via epod_harvard
India’s EV sales rose 51% year-on-year in August 2026, driven by strong demand for electric cars and two-wheelers, despite a temporary month-on-month decline in registrations.
Conducting innovative research on economic growth and development policies to foster inclusive prosperity.
DescriptionThursday, 3 September 2026via epod_harvard
India’s EV sales rose 51% year-on-year in August 2026, driven by strong demand for electric cars and two-wheelers, despite a temporary month-on-month decline in registrations.
Conducting innovative research on economic growth and development policies to foster inclusive prosperity.
DescriptionThursday, 3 September 2026via epod_harvard
India’s EV sales rose 51% year-on-year in August 2026, driven by strong demand for electric cars and two-wheelers, despite a temporary month-on-month decline in registrations.
Conducting innovative research on economic growth and development policies to foster inclusive prosperity.
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Wednesday, October 14, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 09:30 AM to 10:00 AM October 15, 2026 (Thursday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.Ajit Prasad &n
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