India EV monthly Report – July 2026
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Summary
This monthly EV report highlights key developments in India’s electric vehicle ecosystem for July 2026, covering sales trends, segment performance, product launches, policy updates, and investments.
Sales Trends
Overall EV sales rose marginally by 0.72% month-on-month in July 2026 to reach 3,07,752 units. On a year-on-year basis, EV sales registered a 63.18% increase compared to July 2025, reflecting continued momentum in the country’s electric mobility market.
Segment-wise Performance
- Electric Two-Wheelers (E2W): Sales stood at 1,88,853 units, registered 2% m-o-m decline and 75% y-o-y increase. The top three players accounted for ~64% of total registrations.
- Passenger Electric Three-Wheelers (E3W-P): Sales reached 73,005 units (+11% m-o-m, +21% y-o-y).
- L3: 33,498 units
- L5: 39,507 units
- Cargo Electric Three-Wheelers (E3W-Cargo): Sales stood at 11,549 units (+0.82% m-o-m, +30% y-o-y).
- L3: 6,840 units
- L5: 4,709 units
- Electric Cars (E-Cars): E-cars registered monthly sales of 30,806 units (-2% m-o-m, +81% y-o-y). Tata Motors led (~42.2%) the market, followed by Mahindra (~24.1%).
- Electric Buses (E-Bus): E-Buses registered monthly sales of 534 units (-25% m-o-m, +36% y-o-y).
Key Developments
- Product Launches: 6 new launches have been recorded
- Policy Updates: 8 updates (5 state, 3 central), including – Meghalaya EV policy 2026 approval
- Charging Infrastructure: 13 developments, including India crosses 52,000 public EV charging stations
- E-Bus Developments: 4 updates, including the Delhi Cabinet has approved the procurement of 2,800 air-conditioned low-floor electric buses
- Key Manufacturing updates: 2 updates, including Amara Raja powers up INR 9,500 crore battery manufacturing push with first lithium-ion cell facility
- Investments & Partnerships: INR 818 crore investments and 11 new partnerships, including collaboration between Indofast Energy and Hala Mobility