EV Sales Q3 FY 2026-27 (So Far): 3,36,545 Units, Up 37% YoY
Every EV registered in India over Q3 FY 2026-27 so far — October 2026. Q3 of the financial year, October to December. Month-by-month volumes, the manufacturer leaderboard, which segments those EVs are in, and the same window in every earlier year on record.
Live. Q3 FY 2026-27 is still in progress — this page grows as new registrations are published.
EV sales month by month, Q3 FY 2026-27
India's electric-vehicle market registered 3,36,545 EVs in Q3 FY 2026-27 so far. Volumes jumped 37.4% against the 2,44,899 logged over the same month of Q3 FY 2025-26.
October is the festive peak. Navratri and Diwali make it the single biggest registration month of most years, so year-on-year comparisons swing on where the festivals fall.
Q3 FY 2026-27 still has 2 months to run. Held at the pace of the 1 months already counted, it would finish near 10.10 L EVs — a run rate rather than a forecast, and the festive quarter moves it more than anything else on this page.
EVs accounted for 11.1% of everything registered in India over the period, up from 5.9% in Q3 FY 2025-26. The whole market ran to 30,33,135 vehicles over the same window, down 27.3% year on year.
EV registrations by month — Q3 FY 2026-27 vs Q3 FY 2025-26
Vahan retail registrations, each month set against the same month a year earlier.
Every completed month of Q3 FY 2026-27, with the matching month of Q3 FY 2025-26 beside it.
| Month | Q3 FY 2026-27 units | Q3 FY 2025-26 units | YoY | Share of period |
|---|---|---|---|---|
| October 2026 | 3,36,545 | 2,44,899 | +37.4% | 100.0% |
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 Q3 FY 2026-27 alone. It is exact for that window.
Bajaj Auto holds 18.1% 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 | 5,20,117 | 18.09% | +2.83pp |
| 2 | TVS Motor | 5,08,537 | 17.69% | +3.40pp |
| 3 | Ather Energy | 2,92,431 | 10.17% | +0.99pp |
| 4 | Hero MotoCorp | 2,01,495 | 7.01% | +2.21pp |
| 5 | Ola Electric | 1,19,545 | 4.16% | −4.52pp |
| 6 | Mahindra Last Mile | 1,18,573 | 4.12% | −0.04pp |
| 7 | Tata Motors (EV) | 1,15,598 | 4.02% | +0.77pp |
| 8 | Greaves Electric | 82,363 | 2.87% | +0.42pp |
| 9 | Mahindra Electric Automobile | 62,218 | 2.16% | +0.87pp |
| 10 | MG Motor | 54,795 | 1.91% | −0.52pp |
| 11 | River Mobility | 45,369 | 1.58% | +0.86pp |
| 12 | BGauss | 40,310 | 1.40% | +0.34pp |
| 13 | YC Electric | 22,207 | 0.77% | −0.98pp |
| 14 | Dilli Electric | 16,719 | 0.58% | −0.35pp |
| 15 | Saera Electric | 16,121 | 0.56% | −0.49pp |
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 Q3 FY 2026-27. 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 | 17,86,903 | 62.16% | +5.21pp |
| Three-Wheelers | 7,61,014 | 26.47% | −7.50pp |
| Cars & UVs | 2,77,976 | 9.67% | +1.70pp |
| Goods Carriers | 25,964 | 0.90% | +0.41pp |
| Taxis & Cabs | 14,958 | 0.52% | +0.18pp |
| Buses | 6,137 | 0.21% | 0.00pp |
| Other | 1,492 | 0.05% | −0.01pp |
| Tractors | 248 | 0.01% | 0.00pp |
Fuel mix, Q3 FY 2026-27
Battery-electric vehicles were 11.1% of every registration in Q3 FY 2026-27, against 5.9% in Q3 FY 2025-26. That is 3,36,545 electric vehicles across all segments.
Fuel labels come straight from Vahan and the split below covers the whole market over October 2026 — petrol includes the E20 ethanol blend, which is now the single largest label in the database.
Registrations by fuel — Q3 FY 2026-27
Every vehicle registered in the period, by fuel.
Exact fuel volumes over October 2026.
| Fuel | Q3 FY 2026-27 units | Share | vs Q3 FY 2025-26 | Share move |
|---|---|---|---|---|
| Petrol | 22,15,895 | 73.06% | −34.4% | −7.99pp |
| Electric | 3,36,545 | 11.10% | +37.4% | +5.22pp |
| Diesel | 2,70,099 | 8.90% | −9.8% | +1.73pp |
| CNG / LPG | 1,57,741 | 5.20% | −20.3% | +0.46pp |
| Hybrid | 46,901 | 1.55% | +13.4% | +0.55pp |
| Other | 5,954 | 0.20% | −15.9% | +0.03pp |
Every Q3 on record
Across the 2 completed windows in our Vahan record, EV registrations went from 5,74,836 in Q3 FY 2024-25 to 6,86,731 in Q3 FY 2025-26, up 19.5% over the stretch.
Q3 FY 2026-27 is still running — 1 of its 3 months are counted — so it is a part window and is never set against a full one. Its year-on-year figure compares only the months it actually holds.
EV registrations by quarter
* window still in progress.
| Period | Months | Units | YoY |
|---|---|---|---|
| Q3 FY 2026-27 (to date) | 1 | 3,36,545 | +37.4% |
| Q3 FY 2025-26 | 3 | 6,86,731 | +19.5% |
| Q3 FY 2024-25 | 3 | 5,74,836 | +27.6% |
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 Q3 FY 2026-27?
What period does Q3 FY 2026-27 cover?
What will full-year Q3 FY 2026-27 EV sales be?
Which quarter 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 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.
