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2026-11-09 12:54:44 pm | Source: Accord Fintech
India's EV retail sales jump 45% in October: FADA
India's EV retail sales jump 45% in October: FADA

Federation of Indian Automobile Dealers' Association (FADA) in its data has showed that India’s electric vehicle (EV) sales increased 45 per cent to 3,54,625 units in October 2026 as compared to 2,44,764 units in October 2025, led by electric two-wheeler sales. 

According to FADA, electric two-wheeler sales stood at 2,24,064 units in October 2026, up 48.49 per cent from 1,50,890 units in the same month last year. Also, the segment saw its market share doubling at 9.7 per cent Y-o-Y during the reporting month from 4.7 per cent in October 2025. 

Electric passenger vehicle (PV) volumes were 37,049 units in October 2026, up 76.47 per cent from 20,995 units retailed in October last year, with a 7.3 per cent market share versus 3.5 per cent in the same month last year. Electric three-wheeler sales for October 2026 grew 24.76 per cent year-on-year to 88,570 units from 70,995 units in the period year-ago. At the same time, electric commercial vehicle (CV) sales stood at 4,492 units in the month under review as against 1,884 units sold in October 2025.

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