Overview

• Electric passenger vehicle sales nearly doubled in July to 15,528 units, a 93 percent year-on-year increase that lifted EV penetration in cars to 4.7 percent.
• Electric two-wheeler volumes fell 4.3 percent year-on-year to 102,973 units despite penetration inching up to 7.5 percent.
• Tata Motors and JSW MG Motor led the passenger EV segment with 6,047 and 5,089 units sold respectively, while TVS Motor and Bajaj Auto topped two-wheeler EV sales at 22,256 and 19,683 units.
• Ola Electric suffered the steepest drop among major two-wheeler brands with a 57.3 percent decline, whereas Ather Energy and Hero MotoCorp recorded 59 percent and 107 percent year-on-year growth.
• FADA president CS Vigneshwar warned that sustained policy support, accessible financing schemes and rapid charging network expansion will be crucial to maintaining EV momentum.