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EV retail hits record as PV, 2W demand surges

Posted on October 7, 2026
By Financial Express
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1 min read

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EV retail hits record as PV, 2W demand surges

India’s domestic EV retail hit a record 3,33,634 units in September, driven by 88.67% YoY growth in electric 2Ws and a 94.56% surge in passenger EVs. FADA data shows overall EV penetration reaching ~13%, fueled by festive demand and PM E-DRIVE support.