ev penetration

India’s EV Market Grows 43% YoY in H1 2026

India’s EV Market Grows 43% YoY in H1 2026 Market overview The overall EV market in India recorded 15,41,377 units in H1 2026 (Jan 2026- Jun 2026), a 43% increase year-on-year (YoY), with EV penetration rising to 11.43% from 8% in H1 2025 (Jan 2025- Jun 2025). Segment-level trends reveal how electrification is progressing across different vehicle categories. Figure 1: Segment-wise EV sales in India, H12025 Vs. H12026 Source: JMK Research, Vahan Dashboard E2W: The E2W segment remained the largest…

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Rising Penetration of L5 Passenger E3Ws in India’s Urban Transport

Rising Penetration of L5 Passenger E3Ws in India’s Urban Transport Electric three-wheelers (E3Ws) have become a vital part of India’s urban transportation landscape, especially for last-mile passenger connectivity in tier 2 and tier 3 cities, where they offer affordable, efficient, and eco-friendly mobility solutions. Among these, the L5 passenger category, which refers to more powerful and larger E3W-passenger, is emerging as a game-changer in making urban mobility cleaner, more affordable, and efficient. The growing focus on electrification is transforming this…

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India’s Electric Mobility Shift: The Rise of TVS and Bajaj in the Two-Wheeler Market

India’s Electric Mobility Shift: The Rise of TVS and Bajaj in the Two-Wheeler Market India’s electric two-wheeler (E2W) market has witnessed significant growth in recent years, with legacy manufacturers like TVS Motor and Bajaj Auto making notable strides. Despite facing competition from pure-play electric vehicle (EV) startups such as Ola Electric, Ather Energy, and Ampere Vehicles, these established ICE 2-Wheeler manufacturers have leveraged their experience and infrastructure to capture substantial market share in last 2 years. Their proactive approach in…

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JMK Research & Analytics Private Limited is a leading research and consulting firm specializing in cleantech sectors across India and the Asia-Pacific region, including Renewable Energy, E-mobility, Energy Storage, and Green Hydrogen.

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