India's electric passenger vehicle segment posted its strongest annual performance on record in FY2025-26. FADA retail data with full powertrain breakdown and segment context.
India's electric passenger vehicle segment posted its strongest annual performance on record in FY2025-26, with retail sales reaching 1,99,923 units — an 83.63% year-on-year jump over the 1,08,873 units retailed in FY2024-25, according to data released by the Federation of Automobile Dealers Associations (FADA) on April 6, 2026.
The figure narrowly missed the 2 lakh milestone by 77 units.
FADA data reflects retail sales — actual transactions at the dealership level — as distinct from manufacturer dispatches or vehicle registrations. Telangana is excluded from all FADA data, consistent with all previous releases. Data was collated from 1,463 of 1,466 RTOs across India.
Full Powertrain Breakdown — FY26
Total passenger vehicle retail in FY26 stood at 47,05,056 units, a 13% year-on-year increase, crossing the 47-lakh mark for the first time. Applying FADA's published powertrain share percentages to this total:
Note on hybrid: FADA does not distinguish between mild hybrid and strong hybrid/PHEV in its published data. Based on Vahan registration data, strong hybrid and PHEV together account for approximately 2% of total PV retail, with the balance classified as mild hybrid.
Electric vehicles accounted for 4.25% of total passenger vehicle retail in FY26, up from 2.61% in FY25. Petrol/ethanol share moderated from 50.82% to 47.48%. CNG strengthened from 19.60% to 21.98%.
Full Powertrain Breakdown — March 2026
Total PV retail in March 2026 stood at 4,40,144 units — the best-ever March on record, up 21.48% year-on-year. Applying FADA's published March powertrain share percentages:
EV share in March 2026 reached 5.11% — the highest monthly reading of FY26 — up from 3.69% in March 2025 and 3.48% in February 2026.
OEM Context
According to Vahan registration data for FY2025-26 (excluding Telangana), Tata Motors led electric passenger vehicle registrations at 78,969 units, followed by JSW MG Motor India at 53,219 units and Mahindra at 42,855 units. These three account for approximately 87% of the total 1,99,923 electric PV units retailed in FY26. The remaining 13% is distributed across other manufacturers.
Broader EV Context
Across all vehicle segments, total EV retail in India stood at 24.52 lakh units in FY26, growing 24.63% year-on-year, according to the FADA press release. The electric passenger vehicle segment, at 83.63% growth, was the fastest-growing EV category in the year.
FY27 Outlook
FADA's dealer survey indicates 74.72% of dealers expect growth in FY27, with consensus clustering in the 3-7% band. Near-term risks flagged include economic slowdown (40.5% of dealers), OEM supply disruption linked to the West Asia conflict (30.5%), and fuel price sensitivity (14.9%).
Source: FADA press release dated April 2026 — fada.in
Suhail Gulati
Suhail Gulati is the founder of ElecTree and an economist by training. A former banker with experience in credit, retail banking, and financial stress testing at large institutions, he founded ElecTree in 2023 — building it into India's dedicated platform for 4-wheeler EV data, sales analysis, and original reporting. Over three years, Suhail has established ElecTree as a trusted resource for accurate, verified, and fact-first electric vehicle journalism in India. He is a recognized voice in the Indian EV community, engaging regularly with owners, enthusiasts, and industry observers through ElecTree's editorial work and its owner community platform, Electree Surge. His work sits at the intersection of economic analysis and electric mobility — bringing a banker's rigour to a sector that deserves it.