New Delhi, April 7 -- India's electric vehicle transition gathered pace in FY26, with total EV retail sales across two-wheelers, three-wheelers, passenger vehicles and commercial vehicles rising about 24.6 per cent year-on-year to around 24.52 lakh units, according to retail data shared by the Federation of Automobile Dealers Associations (FADA).
The sharp rise in EV adoption comes at a time when crude prices are hovering around USD 100/barrel due to West Asia crisis.
India remains heavily dependent on imported crude, with about 88 per cent of its requirements being imported. That makes any sustained shift toward electric mobility strategically important for India's energy security, especially when oil markets are being rattled by the o...
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