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FY26: When India’s EV Market Found Scale

India's electric vehicle market crossed 2.45 million units in FY26, with every major segment posting record sales and consumer adoption moving beyond early experimentation.

08 Apr 2026 | 332 Views | By Prerna Lidhoo

If there was a year that suggested India’s electric vehicle transition was no longer experimental, it was FY26, as demand scaled, supply matured, costs started bending, and perhaps most importantly, consumer intent turned into actual purchases at a pace the industry had only been projecting until now.

A deep ...

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