India’s EV retail sales surge 74% to record 3.33 lakh units in September: FADA
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Summary
India EV sales surged 74% year-on-year to a record 3.33 lakh units in September 2026, driven by strong electric two-wheeler and passenger vehicle demand.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedThursday, 8 October 2026
Affected Population1.4 billion consumers, 300 million without reliable power
Key Numbers
500 GW non-fossil fuel capacity target by 2030
Saubhagya: 100% household electrification
175 GW renewable energy installed (2025)
Merchandise exports: $437 billion (2024-25)
Key Authorities
Ministry of PowerMinistry of New & Renewable EnergyCEAMinistry of Commerce & IndustryDPIIT
Key Stakeholders
Power ConsumersDISCOMsCoal IndustryExportersImportersMSMEs
The former Chief Minister criticised Tamil Nadu CM C. Joseph Vijay over the purchase, which, he said is the highest rate with regard to electricity purchase from private players by the State.
Apart from the deal to allow Russia to sell diesel to the U.S. and global markets, U.S. President Donald Trump also announced an ‘energy ceasefire’ between Russia and Ukraine