India's EV sales jump 63% YoY to over 3.07 lakh units in July; electric car sales up 81%: Report
New Delhi, August 4
India's electric vehicle market continued to witness strong growth in July 2026, with total EV registrations rising over 63 per cent year-on-year to 3,07,752 units, reflecting sustained expansion in EV adoption across the country, according to a report by JMK Research & Analytics.
The report said overall EV sales increased by 0.72 per cent month-on-month from 3,05,566 units in June to 3,07,752 units in July. On an annual basis, registrations grew by around 63.18 per cent compared to July 2025.
Electric two-wheelers continued to dominate the market with a 61.37 per cent share of total EV registrations, followed by electric passenger three-wheelers at 23.72 per cent. Electric cars accounted for 10.01 per cent of overall EV sales, while electric cargo three-wheelers contributed 3.75 per cent.
The report highlighted that electric car sales stood at 30,806 units in July, up 81 per cent year-on-year, although they were down 2 per cent from the previous month. EV penetration in the passenger vehicle segment increased to 7.92 per cent, continuing its steady rise since March 2026.
"The sustained growth in E-car sales is increasingly being driven by structural factors such as a wider portfolio of EV models, continued expansion of charging infrastructure, and improving consumer confidence," the report said.
Electric three-wheeler sales also remained strong, rising 9 per cent month-on-month to 84,554 units and about 22 per cent year-on-year. According to the report, the segment continued to benefit from improving financing availability, favourable operating economics and a lower total cost of ownership for commercial operators. EV penetration in the three-wheeler segment recovered to 65.55 per cent in July.
Among states, Uttar Pradesh retained the top position with 47,062 EV registrations, followed by Maharashtra with 36,642 and Karnataka with 29,183. The report noted that the top 10 states accounted for around 77 per cent of India's total EV registrations during the month, indicating that adoption continues to be concentrated in key regional markets.
— ANI
Reader Comments
Great to see the numbers, but what about the total cost of ownership? The upfront cost of EVs is still very high for the common buyer. Unless the government reduces GST on EV parts and batteries further, this growth might not be sustainable in the long run.
Uttar Pradesh leading is a pleasant surprise! But I wish the top 10 states didn't account for 77% of sales. We need policies that encourage EV adoption across the country, not just in a few states. Logistics and policy support are key for the hinterland. 🌏
This is a phenomenal growth story! Watching from the US, it's heartening to see India scaling up EV adoption so rapidly. The focus on three-wheelers is particularly interesting—showcases how India is using its own market dynamics to drive the transition. Cheers to the policymakers! 🌱
Good to see the numbers, but I am still worried about the resale value of EVs. My friend bought an electric car in 2024, and the resale value has dropped sharply. If we don't address battery degradation and recycling, the second-hand EV market might crash, hurting early adopters.
Impressive stats! The 81% growth in electric cars is particularly noteworthy. I'm curious to see how the charging network keeps pace with this demand. Quick question—is the 7.92% EV penetration in personal vehicles a sign that we're reaching the tipping point? 🚗🔋
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