India's electric vehicle registrations surge 76% as market expands
India’s electric passenger vehicle registrations jumped 76% year-on-year to 37,049 units, with Tata Motors leading the market, according to RushLane. BikeAdvice reported that retail sales of electric two-wheelers hit a record 2. 24 lakh units, up 48. 5% year-on-year, and that TVS Motor Company topped the segment. TVS Motor also posted a 28. 8% increase in total sales, driven by strong demand for electric scooters, as noted by RushLane. Meanwhile, overall two-wheeler retail sales fell 28. 35% year-on-year, despite a month-on-month improvement, BikeAdvice said.
In the first half of FY2027, scooter sales rose 29. 4% to 48. 65 million units, with electric scooters more than doubling their share to one-fifth of the market, RushLane reported. Domestic two-wheeler sales grew 17. 6% year-on-year and exports jumped 31. 9%, bringing total factory dispatch to 1. 52 crore units, according to RushLane.
