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Electric vehicle sales rise 44.88% to 3,54,625 units in October, led by two-wheelers

People examine electric scooters inside a bright showroom, with daylight visible outside Images are not validated/verified
Business PT24 team

FADA data show 3,54,625 electric vehicles were sold in October 2026, with EVs making up about 11.5% of all vehicle sales, up from around 6% a year earlier.

Electric vehicle sales in the country rose sharply in October 2026, with 3,54,625 units sold, 44.88% more than in October last year, according to data released by the Federation of Automobile Dealers Associations (FADA). The EV market set a new record on the back of the response to electric two-wheelers, passenger vehicles and commercial vehicles.

In October 2025, 2,44,764 electric vehicles were sold. Electric two-wheelers accounted for the largest share of total sales.

In October 2026, 2,24,064 electric two-wheelers were sold, against 1,50,890 in the same month last year, a rise of 48.49%. The segment's share of the market has risen from 4.7% to 9.7%.

Electric passenger vehicles also saw good growth. In October 2026, 37,049 were sold, against 20,995 units in October 2025, an increase of 76.47%. The segment's market share has risen from 3.5% to 7.3%. This suggests customers are increasingly inclined towards electric cars.

Sales of electric three-wheelers rose 24.76% to 88,570 units, from 70,995 in October last year. Sales of electric commercial vehicles rose from 1,884 units to 4,492 units.

According to FADA president Sai Giridhar, EVs made up about 11.5% of total vehicle sales in October, against roughly 6% a year earlier. He said higher petrol and diesel prices, improved driving range of electric vehicles and relatively affordable prices are behind the rise in demand. Giridhar also said that in some places, vehicle supply is falling short of demand.

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