EV Sales H2 FY 2025-26: 14,11,708 Units, Up 27% YoY
Every EV registered in India over H2 FY 2025-26 — October 2025 to March 2026. The second half of the financial year, October to March. Month-by-month volumes, the manufacturer leaderboard, which segments those EVs are in, and the same window in every earlier year on record.
EV sales month by month, H2 FY 2025-26
India's electric-vehicle market registered 14,11,708 EVs in H2 FY 2025-26. Volumes climbed sharply 27.1% against the 11,11,021 logged over the same 6 months of H2 FY 2024-25.
March was the strongest month of the period at 2,92,062 EVs and February the quietest at 2,03,803, an average of 2,35,285 a month. Every one of those 6 months grew on the same month a year earlier.
March is the fiscal year-end, when dealers clear stock and commercial buyers time purchases for the depreciation year.
H2 FY 2025-26 ran from October 2025 to March 2026 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of H2 FY 2024-25.
EVs accounted for 7.9% of everything registered in India over the period, up from 7.5% in H2 FY 2024-25. The whole market ran to 1,79,62,970 vehicles over the same window, up 21.3% year on year.
EV registrations by month — H2 FY 2025-26 vs H2 FY 2024-25
Vahan retail registrations, each month set against the same month a year earlier.
Every completed month of H2 FY 2025-26, with the matching month of H2 FY 2024-25 beside it.
| Month | H2 FY 2025-26 units | H2 FY 2024-25 units | YoY | Share of period |
|---|---|---|---|---|
| October 2025 | 2,44,899 | 2,25,207 | +8.7% | 17.3% |
| November 2025 | 2,28,564 | 2,01,181 | +13.6% | 16.2% |
| December 2025 | 2,13,268 | 1,48,448 | +43.7% | 15.1% |
| January 2026 | 2,29,112 | 1,77,195 | +29.3% | 16.2% |
| February 2026 | 2,03,803 | 1,45,288 | +40.3% | 14.4% |
| March 2026 | 2,92,062 | 2,13,702 | +36.7% | 20.7% |
Each month links through to its own full report.
Who is selling the EVs
Our Vahan data holds manufacturer volumes split by fuel only across a whole calendar year, so the EV leaderboard below covers 2026 year to date rather than H2 FY 2025-26 alone. It is exact for that window.
Bajaj Auto holds 18.0% of battery-electric registrations over 2026 year to date, ahead of TVS Motor.
Top EV manufacturers — 2026 year to date
Battery-electric registrations only; hybrids are counted separately.
| # | Manufacturer | EV units | Share | vs full-year 2025 |
|---|---|---|---|---|
| 1 | Bajaj Auto | 4,81,742 | 17.98% | +2.71pp |
| 2 | TVS Motor | 4,72,128 | 17.62% | +3.33pp |
| 3 | Ather Energy | 2,74,603 | 10.25% | +1.06pp |
| 4 | Hero MotoCorp | 1,84,661 | 6.89% | +2.10pp |
| 5 | Ola Electric | 1,13,177 | 4.22% | −4.45pp |
| 6 | Mahindra Last Mile | 1,10,607 | 4.13% | −0.04pp |
| 7 | Tata Motors (EV) | 1,07,374 | 4.01% | +0.75pp |
| 8 | Greaves Electric | 75,682 | 2.82% | +0.38pp |
| 9 | Mahindra Electric Automobile | 57,631 | 2.15% | +0.86pp |
| 10 | MG Motor | 51,599 | 1.93% | −0.50pp |
| 11 | River Mobility | 41,554 | 1.55% | +0.83pp |
| 12 | BGauss | 37,179 | 1.39% | +0.32pp |
| 13 | YC Electric | 20,875 | 0.78% | −0.97pp |
| 14 | Dilli Electric | 15,820 | 0.59% | −0.34pp |
| 15 | Saera Electric | 15,225 | 0.57% | −0.48pp |
Which segments the EVs are in
The chart is period-exact: it is the battery-electric share of every vehicle registered in each month of H2 FY 2025-26. The split by segment underneath comes from a calendar-year table — Vahan publishes class against fuel only across a whole year — so it covers 2026 year to date.
EV share of the Indian market, month by month
EVs as a percentage of every vehicle registered that month.
Battery-electric volumes only; hybrids are counted separately.
| Segment | 2026 EV units | Share | vs full-year 2025 |
|---|---|---|---|
| Two-Wheelers | 16,58,799 | 61.91% | +4.96pp |
| Three-Wheelers | 7,16,979 | 26.76% | −7.21pp |
| Cars & UVs | 2,58,719 | 9.66% | +1.69pp |
| Goods Carriers | 23,848 | 0.89% | +0.40pp |
| Taxis & Cabs | 13,830 | 0.52% | +0.17pp |
| Buses | 5,694 | 0.21% | 0.00pp |
| Other | 1,405 | 0.05% | −0.01pp |
| Tractors | 244 | 0.01% | 0.00pp |
Fuel mix, H2 FY 2025-26
Battery-electric vehicles were 7.9% of every registration in H2 FY 2025-26, against 7.5% in H2 FY 2024-25. That is 14,11,708 electric vehicles across all segments.
Fuel labels come straight from Vahan and the split below covers the whole market over October 2025 to March 2026 — petrol includes the E20 ethanol blend, which is now the single largest label in the database.
Registrations by fuel — H2 FY 2025-26
Every vehicle registered in the period, by fuel.
Exact fuel volumes over October 2025 to March 2026.
| Fuel | H2 FY 2025-26 units | Share | vs H2 FY 2024-25 | Share move |
|---|---|---|---|---|
| Petrol | 1,35,40,502 | 75.38% | +21.0% | −0.23pp |
| Diesel | 17,97,268 | 10.01% | +21.4% | 0.00pp |
| Electric | 14,11,708 | 7.86% | +27.1% | +0.36pp |
| CNG / LPG | 9,35,347 | 5.21% | +19.9% | −0.06pp |
| Hybrid | 2,27,028 | 1.26% | +16.0% | −0.06pp |
| Other | 51,117 | 0.28% | +16.6% | −0.01pp |
Every H2 on record
Across the 2 completed windows in our Vahan record, EV registrations went from 11,11,021 in H2 FY 2024-25 to 14,11,708 in H2 FY 2025-26, up 27.1% over the stretch.
EV registrations by half year
* window still in progress.
| Period | Months | Units | YoY |
|---|---|---|---|
| H2 FY 2025-26 | 6 | 14,11,708 | +27.1% |
| H2 FY 2024-25 | 6 | 11,11,021 | +14.2% |
Each row compares only the months that window holds, so a part period is never set against a full one.
Frequently asked questions
How many EVs were sold in India in H2 FY 2025-26?
What period does H2 FY 2025-26 cover?
Which was the strongest month for EV sales in H2 FY 2025-26?
Which half year had the highest EV sales?
Are these retail sales or factory dispatches?
EV sales, other periods
More from the reports desk
Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.
Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit. A free, auto-updating EV registrations widget can go on any website.
