NEW DELHI, April 9 -- Electric vehicles made up for almost one-fifth of the incremental growth in passenger vehicle sales in FY26, helping domestic carmakers Mahindra and Mahindra Ltd and Tata Motors Passenger Vehicles Ltd oust Hyundai Motor India from the No. 2 position.
Car sales grew 13% to 4.7 million units in FY26 from 4.16 million units the previous year, according to data from the Federation of Automobile Dealers Associations (Fada). Of this incremental growth of over 540,000 vehicles, about one-fifth came from electric vehicles.
EV sales increased 84% to 199,923 units in FY26 from 108,873 units, a growth of over 91,000 units, Fada said.
The numbers show that while EVs make up for only about 4% of the country's passenger vehicle...
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