Retail sales of electric commercial vehicles (CVs) in India recorded strong year-on-year growth in February 2026, although volumes remained largely flat compared to the previous month. According to data released by the Federation of Automobile Dealers Association (FADA), total electric CV retail sales in February reached 2,051 units, slightly lower than the 2,060 units recorded in January, marking a marginal decline of 0.44% month-on-month.
The share of electric commercial vehicles in total CV retail sales was 2.03% in February 2026, up from 1.92% in January and 1.02% in February 2025. On a year-on-year basis, the segment recorded a strong growth of 156.4%, indicating accelerating adoption of electric mobility in the commercial transportation sector.
Tata Motors continued to lead the electric CV segment with retail sales of 638 units in February. The company reported year-on-year growth of 114.8%, although its sales declined 8.86% compared to January.
Switch Mobility emerged as one of the fastest growing players in this segment, selling 358 units during the month. This represents an increase of 86.46% compared to January and 186.4% compared to February 2025.
Euler Motors recorded 293 units in February, marking a month-on-month decline of 12.8%. However, the company recorded a notable increase of 1,623.5% year-on-year, highlighting rapid expansion from a relatively small base.
Meanwhile, Mahindra & Mahindra reported 228 electric CV retail sales, representing a growth of 93.2% year-on-year despite a decline of 9.52% compared to January.
JBM Auto also recorded significant growth and sold 151 units in February. This figure represents an increase of 36.04% month-on-month and an increase of 319.4% year-on-year.
Among other emerging manufacturers, PMI Electro Mobility Solutions sold 83 units, registering a growth of 66% month-on-month, while Tivolt Electric Vehicles recorded 68 units, registering a sharp growth of 1,260% year-on-year.
Some manufacturers reported declines during the month. VE Commercial Vehicles sold 38 units, down 36.67% compared to January, although the figure was 850% higher than the same period last year.
Meanwhile, Olectra Greentech reported 21 units in February, marking a 61.82% month-on-month decline and a 68.2% year-on-year decline.