India’s EV retail spiked to 333,634 units in September 2026, a jump felt across all four categories. Two‑wheelers accounted for 207,314 units, three‑wheelers 86,024, passenger vehicles 36,108 and commercial 4,188, each up from the same month a year earlier.
TVS Motor’s two‑wheeler sales hit 54,037 units, rising 125.87% YoY. The brand sat on 11.6% of the market, followed by Bajaj Auto with 48,429, Ather Energy 30,533, Hero MotoCorp 24,321 and Ola Electric 13,451. Only Ola saw a slight dip of 2.96% compared to the previous year.
Three‑wheeler sales reached 86,024 units, up 40.03% YoY, and the segment’s penetration touched 64.9%. Bajaj Auto led with 15,109 units, Mahindra Group 14,716 and TVS Motor 4,630. The rest of the field—YC Electric, Saera, Dilli and others—split the remaining 34,000 units.
Passenger‑vehicle EVs sold 36,108 units, a 94.56% YoY surge, and now occupy 8.5% of all passenger‑vehicle sales. Tata Motors delivered 14,791 units, doubling its 2025 figures, while Mahindra & Mahindra and MG Motor India sold 7,780 and 5,242, respectively. The luxury segment—BMW 502, Tesla 291, Toyota 218, Mercedes‑Benz 125—remains small but growing.
Commercial‑vehicle EVs saw 4,188 sales, up 158.2% YoY but down 10.93% month‑on‑month. Tata Motors led with 1,275 units; the remaining 2,913 units came from a mix of smaller players. Penetration for this segment sits at 4.04%.
For buyers, the data means more options and better price points across the board. Two‑wheelers are now 11.6% of the total market, signalling growing confidence, while the surge in passenger‑vehicle EVs shows that mainstream buyers are starting to look past range anxiety. With a broader mix of models and a clear upward trend, the next few months will likely bring even tighter competition and more incentives from the state.
Keep an eye on the upcoming launch calendar: TVS and Bajaj are set to roll out new battery‑modular models by early 2027, and Tata’s next‑gen SUV is slated to hit the showroom floor mid‑2027. These releases will test whether the current growth can sustain itself in a market that is still balancing cost, infrastructure and consumer trust.