India’s Electric Car Registration in May at 26,319 units; EV Penetration Rises to 6.4%
The registration grew 79% on a year-on-year basis, while it rose 1% sequentially.
Dev Vadchhedia
01 Jun 2026
Led by Indian entrepreneur Gagan Gupta, the funding from global institutional investors will expand the firm's battery-swapping ecosystem and manufacturing footprint.
Read moreThe registration grew 79% on a year-on-year basis, while it rose 1% sequentially.
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The company delivered 1,280 electric vehicles during the year, up 32% from 972 units in FY25.
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