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…