India’s Electric Vehicle Market Accelerates with 63 Per Cent Growth in July 

India’s electric vehicle registrations climbed 63.2 per cent year-on-year in July to over 307,000 units, with electric two-wheelers accounting for more than 60 per cent of total sales. 

India’s electric vehicle (EV) market maintained its strong growth trajectory in July 2026, with registrations climbing 63.2 per cent year-on-year to 307,752 units, driven primarily by robust demand for electric two-wheelers, according to a report by JMK Research & Analytics. Monthly registrations also edged up 0.7 per cent from 305,566 units recorded in June.

Electric two-wheelers remained the dominant segment, accounting for 61.4 per cent of all EV registrations during the month. Passenger electric three-wheelers followed with a 23.7 per cent share, while electric passenger vehicles contributed 10 per cent. Electric cargo three-wheelers represented the remaining 3.8 per cent of registrations.

The passenger electric car segment posted particularly strong annual growth, with registrations rising 81 per cent year-on-year to 30,806 units. However, volumes slipped about 2 per cent compared with June. EV penetration in the passenger vehicle category increased to 7.92 per cent, reflecting the gradual shift toward electric mobility. Industry analysts attribute the momentum to a broader range of vehicle models, expanding charging infrastructure, and improving consumer confidence.

Electric three-wheelers also recorded healthy gains. Registrations reached 84,554 units in July, up 22 per cent from a year earlier and 9 per cent higher than the previous month. The segment continues to benefit from lower operating costs, better financing options, and favourable economics for commercial fleet operators. EV penetration in the three-wheeler category recovered to 65.55 per cent during the month.

- Advertisement -

State-wise, Uttar Pradesh led the country with 47,062 EV registrations, followed by Maharashtra at 36,642 units and Karnataka with 29,183 units. Together, the top ten states accounted for nearly 77 per cent of total EV registrations, highlighting that adoption remains concentrated in India’s largest automotive markets.

The latest figures underscore the continued expansion of India’s EV ecosystem, supported by growing model availability, improved charging infrastructure, and rising consumer acceptance across multiple vehicle segments.

- Advertisement -
Loading form…
Nikita Kumari
Nikita Kumari
Nikita Kumari is a Journalist at EFY. She decodes deals, investments, and policy shifts, redefining the semiconductor and tech landscape.

Industry's Buzz

Microchip Technology Expands Space Portfolio with VORAGO Acquisition

0
Semiconductor supplier acquires radiation-hardening specialist to strengthen its aerospace and defence capabilities.  Semiconductor supplier Microchip Technology Incorporated has acquired Austin-based VORAGO Technologies, a specialist developer...

Luxshare Downplays Impact of US Patent Investigation

0
Chinese electronics manufacturer responds to ITC probe into power delivery technology, confirming affected products are not in mass production.  Major Apple supplier Luxshare Precision Industry...
Semiconductor chip (representational image)

Tessolve Semiconductor Secures $75 Million Investment from Vector Line Capital

0
Tessolve designs AI and HPC chips using in-house, pre-engineered semiconductor platforms and design flows intended to shorten development cycles Tessolve Semiconductor has secured a $75...
Hand robot manipulator for packaging products

Tata Electronics, Besi Partner to Develop Advanced Semiconductor Packaging in India

0
The partnership aligns with India’s efforts to establish a domestic outsourced semiconductor assembly and test (OSAT) industry Tata Electronics and Dutch semiconductor assembly equipment supplier...
thyssenkrupp

thyssenkrupp Expands Automotive Electronics R&D In Pune

0
thyssenkrupp Automotive Technology is expanding automotive electronics and software R&D in Pune, planning to grow its engineering team beyond 300 to support global programmes...

Learn From Leaders

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

India Needs Not a Hundred, But Thousands of Chip Diversified Companies 

0
Can India build a semiconductor ecosystem beyond fabs? Indiesemic believes thousands of diversified chip companies are needed to make that possible. India’s semiconductor push is...

Startups

Compcarta Reduces The Cost And Complexity Of End-To-End Chip Design

0
Building a chip should not require assembling an entire design ecosystem. A Noida-based startup is developing a browser-based EDA platform that aims to reduce...
PowerMon

Aquaexchange Brings Monitoring And Automation To Shrimp Farming

0
The startup has developed an AI- and IoT-enabled platform that helps shrimp farmers manage farms, access financing, monitor operations, and connect with markets. The startup...

Drone-Like Aircraft For Logistics From BluJ Aerospace

0
Hyderabad-based BluJ Aerospace is developing indigenous electric and hydrogen-powered vertical take-off and landing (VTOL) aircraft for remote cargo transport. BluJ Aerospace, a Hyderabad-based aerospace startup...
Jash Jetly, Co-founder and CEO of EVE

“The cloud isn’t the only way to run AI. We’re proving it can happen...

0
A startup is building a decentralised AI and communication network that runs across everyday devices instead of centralised cloud servers. In an interview, Jash...
Mohit Gupta, founder and CEO, TYLsemi

Building AI Chips, One Block at a Time 

0
What if building an AI chip became as simple as assembling reusable blocks? The startup is working to make custom silicon accessible beyond the...