India's Automotive Sector Sees Surge in EV Adoption by July 2026
India's automotive industry has witnessed a remarkable surge in electric vehicle (EV) adoption by July 2026, according to a recent report from Autoverse. The country's EV sales have increased by 45% year-on-year, propelled by government incentives and expanding charging infrastructure.
45%
top speed
52%
engine
38%
price
The shift towards sustainable mobility is evident across major cities like Delhi, Mumbai, and Bengaluru, where EV registrations have doubled compared to the previous year. Industry experts attribute this growth to the FAME II scheme and state-level subsidies.
| Segment | Growth Rate | Market Share |
|---|---|---|
| Two-wheelers | 52% | 38% |
| Four-wheelers | 40% | 25% |
| Commercial Vehicles | 35% | 12% |
India is on track to become a global leader in EV adoption, with projections indicating that 30% of all vehicle sales will be electric by 2030, said a spokesperson from the Ministry of Heavy Industries.