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The Economic Times
The Economic Times
Business

India's electric car sales set to cross 3 lakh units for first time in 2026: Report

India Crisil Anxiety Frost Sullivan

India’s electric passenger vehicle (EPV) market is expected to cross the 3 lakh annual sales mark for the first time in 2026, according to a Times of India report citing market research firm Frost & Sullivan.

The report said new model launches, improving charging infrastructure and rising consumer acceptance of electric mobility are expected to push annual sales beyond 3 lakh units, compared with just under 2 lakh units sold in 2025. Registrations have already neared the 1.5 lakh-unit mark in the first half of the year, while average monthly EPV registrations have risen to around 27,000 units over the past four months.

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