Electric vehicle retail in India reached 3,33,634 units in September 2026, an all-time monthly high, according to FADA Research data reported by Autocar Professional on 7 October. FADA collated the data on 3 October from 1,468 of 1,469 RTOs. Tamil Nadu data was unavailable for commercial vehicles and three-wheelers.
Electric two-wheelers
Sales were 2,07,314 units, up 88.67% from 1,09,882 a year earlier and up 13.16% on August. Penetration was 11.6%, against 8.2% a year earlier. TVS led with 54,037 units, up 125.87% on the year, followed by Bajaj with 48,429, Ather with 30,533 and Hero with 24,321. Ola Electric sold 13,451, down 2.96% on the year, the only major maker to fall.
Three-wheelers, cars and commercial vehicles
Electric three-wheelers were 86,024, up 40.03%, with penetration of 64.9%. Electric passenger vehicles were 36,108, up 94.56%, with penetration of 8.5%; Tata Motors led with 14,791, ahead of Mahindra & Mahindra at 7,780 and JSW MG Motor at 5,242. VinFast sold 2,964 against 6 a year earlier. Electric commercial vehicles were 4,188, up 158.2% on the year but down 10.93% from August.
Key numbers
- Total EV retail: 3,33,634 (Record month)
- Electric 2W: 2,07,314 (+88.67% YoY)
- Electric 3W: 86,024 (+40.03% YoY)
- Electric cars: 36,108 (+94.56% YoY)
What boards and CFOs should note
Three points stand out. First, electric two-wheelers are about 62% of all EV retail on these figures, so the segment sets the national trend. Second, TVS alone sold about 26% of electric two-wheelers. Third, commercial vehicles are the weak spot on the month, down 10.93% in a month when the other three segments grew.
Source: Autocar Professional, 7 October 2026. This is a summary of a news report, published as general information. It is not legal, tax or investment advice.
This article is journalism and commentary. It is not a recommendation to buy or sell any security, and it is not professional advice. Read the full disclaimer.
