Driving Into Double Digits: India’s EV Penetration Reaches 12% in H1 FY2027
Driving Into Double Digits: India’s EV Penetration Reaches 12% in H1 FY2027 Market overview India recorded 17.89 lakh EV sales in H1 FY2027 (April–September 2026), a 59.3% increase over H1 FY2026. In just six months, sales reached nearly 71% of FY2026’s annual total of 25.25 lakh units. Overall EV penetration rose to 12% from 8% in FY2026, marking a 4-percentage-point gain, the strongest increase across the periods covered since FY2022. Figure 1: EV Sales and Penetration in India, FY2022–H1 FY2027…