Electric passenger vehicle (EV) retail in India saw strong momentum in April 2026, with total registrations reaching 23,506 units. According to data released by the Federation of Automobile Dealers Association (FADA), this represents a growth of 4.52% compared to sales of 22,490 units in March 2026 and a sharp growth of 75.14% year-on-year compared to 13,421 units in April 2025. The dataset, compiled on May 3, 2026, covers 1,463 out of 1,466 regional transport offices. (RTO) All over India except Telangana.
This performance marks one of the strongest April performances for the EV passenger vehicle segment. Traditionally, April is a soft month after the fiscal year-end surge in March. However, the month-on-month increase suggests that demand is being driven by underlying market factors rather than seasonal effects.
EVs also continued to gain in terms of market share. The segment’s share in total passenger vehicle retail sales was 5.8% in April 2026, up from 5.1% in March and significantly higher than the 3.7% recorded in April 2025. This steady growth in penetration over the past year indicates a gradual but clear shift in consumer preferences towards electric mobility, even though the segment still has room to grow within the broader passenger vehicle market.
Market leaders continue to consolidate their position in India’s electric passenger vehicle segment, with Tata Motors Passenger Vehicles Limited maintaining a clear lead. The company reported retail sales of 8,543 units in April 2026, up 3.51% compared to 8,253 units in March and a strong growth of 77.17% compared to 4,822 units in April 2025.
Tata Motors’ continued dominance is largely attributed to its early and focused foray into the EV sector. Supported by a well-established product portfolio as well as an expanding service and charging ecosystem, the company continues to inspire confidence among first-time electric vehicle buyers, strengthening its leadership in the sector.
Mahindra & Mahindra Ltd. is at second place with 5,413 units, which is 3.24% higher than 5,243 units sold in March 2026 and 63.98% higher than 3,301 units sold in April 2025. The company’s electric SUV offerings have gained popularity, especially in urban markets, and its year-on-year growth trajectory shows that its new models have successfully converted consideration into purchase.
JSW MG Motor India Pvt Ltd stood third with 5,006 units, registering a marginal decline of 2.63% from 5,141 units in March, though it was up 32.54% from 3,777 units sold in April 2025. The company’s EV portfolio, which spans multiple price points, has helped it maintain a consistent presence in the top three, although a slight softness month-on-month may reflect some. Normalization in retail activity after March.
The electric passenger vehicle segment in India is heavily concentrated, with the top three manufacturers – Tata Motors Passenger Vehicles Ltd, Mahindra & Mahindra Ltd, and JSW MG Motor India – collectively accounting for nearly 80% of total retail sales in April 2026. This highlights the stronghold of established players even as competition gradually intensifies.
Also, the attraction of new entrants and large-scale market players is beginning to increase. Notably, Vinfast Auto India Pvt Ltd and Maruti Suzuki India Ltd reported retail sales of 1,232 units and 1,231 units respectively in April 2026. Both companies had negligible or no presence in the EV passenger vehicle segment in April 2025, making their current volumes an important indicator of growing market participation and growing momentum.
Vinfast’s April 2026 tally represented a month-on-month growth of 78.29% compared to 691 units sold in March 2026, making it one of the fastest growing manufacturers in the segment on a sequential basis. The Vietnamese automaker, which entered the Indian market focusing on competitive pricing and direct sales model, is gaining popularity relatively quickly within a small retail window.
Maruti Suzuki India Ltd, the country’s largest passenger vehicle maker by overall volume, reported 1,231 units in April 2026, up 29.72% from 949 units in March 2026. The company’s entry into the electric passenger vehicle sector was long expected given its dominant position in the broader market, and early retail data suggests it is building momentum, although in absolute numbers it lags far behind the top three.
Hyundai Motor India Ltd retailed 516 units, a monthly growth of 8.40% from 476 units in March 2026. However, this figure represents a decline of 30.92% compared to 747 units sold in April 2025, suggesting some loss of share in a segment that has grown significantly around it. BYD India Pvt Ltd posted 469 units, rising 13.29% year-on-year from 414 units in March and 398 units in April 2025, up 17.84% year-on-year. The Chinese manufacturer continues to operate in the premium end of the mass-market EV space and has maintained steady, if unsurprising, growth.
The premium and luxury EV segments painted a more mixed picture in April 2026, with some manufacturers reporting strong year-on-year growth despite fluctuations in monthly figures.
Kia India Pvt Ltd retailed 342 units in April 2026, down 25.33% from 458 units in March 2026, but registered a notable growth of 905.88% year-on-year compared to just 34 units in April 2025. The dramatic year-over-year figure is largely a reflection of the low base from which comparisons are made, but it does indicate that Kia’s electric offering has established a strong retail presence. Last twelve months.
BMW India Pvt Ltd sold 300 units in April 2026, down 31.35% from 437 units in March 2026, although the year-on-year comparison remains positive at 108.33% compared to 144 units recorded in April 2025. The monthly decline likely reflects the concentration of luxury vehicle purchases around the end of the fiscal year in March, a pattern that typically results in soft April numbers for premium brands.
Mercedes-Benz AG projected retail sales of 104 units in April 2026, an increase of 7.22% compared to 97 units posted in March 2026 and 19.54% compared to 87 units posted in April 2025. For a manufacturer operating at the top of the price spectrum, its stability over the months is remarkable.
Volvo Auto India Pvt Ltd sold 41 units, registering the fastest month-on-month growth rate of 86.36% among all manufacturers compared to 22 units sold in March 2026, although it remained 6.82% lower than the April 2025 figure of 44 units.
Tesla India Motors & Energy Pvt Ltd retailed 43 units in April 2026, down 12.24% from 49 units in March 2026. With no comparison to April 2025 available, the year-on-year picture remains incomplete, although the month-on-month trend deserves attention given the brand’s global profile and relatively modest Indian retail volumes so far.
Stellantis Automobiles India Pvt Ltd posted 25 units in April 2026, down 16.67% from 30 units in March, and 50.98% year-on-year decline from 51 units in April 2025, making it one of the few manufacturers to register a contraction on both the timeframes. The residual range from other manufacturers collectively sold 241 units, a sharp increase of 4.78% month-on-month and 1,406.25% year-on-year, although the latter figure is distorted by a very low base of 16 units in April 2025.
India’s electric passenger vehicle segment has been on a steady upward trend since last year, supported by an expanding product portfolio across multiple price points, gradually improving public charging infrastructure and government-level policy support. The PM Electric Drive Revolution in Innovative Vehicles promotion scheme along with state-level incentives in several major markets have provided some demand-side support, although industry participants noted that underlying product improvements and price competitiveness have been equally important drivers for adoption.
Retail sales volume nearly doubling on a year-over-year basis over several consecutive months indicates that the growth is no different from a one-quarter or one-time product launch impact. The entry of established mass-market players like Maruti Suzuki and Vinfast in meaningful retail volumes has also widened the competitive field, which is expected to put pressure on pricing and features in the medium term.
At 5.8%, the electric passenger vehicle penetration rate in India is well below major EV markets like China and Norway, as well as some European countries. However, the rate of change – from 3.7% in April 2025 to 5.8% in April 2026 – within a single year suggests that the segment is moving beyond its adoption curve at a pace that is starting to attract more serious attention from manufacturers who previously maintained a wait-and-see posture.
FADA collects retail registration data directly from RTOs, making it a more accurate reflection of actual consumer purchases than wholesale dispatch data reported by manufacturers, which may be affected by inventory build-up at the dealer level.