New Delhi, July 1: The demand for electric passenger vehicles (EVs) in India is rapidly increasing. In the first quarter of the fiscal year 2026-27 (April-June), registrations of electric passenger vehicles surged by nearly 90%, reaching 82,737 units. This data comes from vehicle registration statistics.
Compared to 43,710 units registered in the same quarter last year, this significant rise is attributed to the increased operational costs of petrol and diesel during the West Asia crisis, which has drawn consumers towards battery-operated vehicles.
Throughout the quarter, the demand for electric vehicles remained robust, with registrations of 24,963 units in April, 27,320 units in May, and climbing to 30,454 units in June.
Tata Motors led the charge, registering 32,283 electric passenger vehicles, a remarkable 104% increase from 15,794 units in the same period last year. The company’s total passenger vehicle sales in June reached 63,083 units, marking a 69% rise from 37,237 units in June of the previous year.
In the first quarter of FY 2026-27, Tata Motors’ total passenger vehicle sales increased by 46%, totaling 182,574 units. In June alone, the company’s electric vehicle sales hit 14,800 units, up from 5,228 units in June last year, more than doubling the sales figures. Overall, the company’s EV sales for the quarter rose by 112% to 34,467 units.
Mahindra & Mahindra also showed impressive growth, with electric passenger vehicle registrations nearly doubling to 20,112 units, compared to 10,144 units in the same period last year.
However, Hyundai Motor India experienced a decline in electric passenger vehicle registrations, dropping from 2,142 units to 1,386 units.
Industry experts suggest that the rising prices of petrol, diesel, and CNG during the West Asia crisis have attracted many customers to electric vehicles. Despite fluctuations in global crude oil prices, the running costs of electric vehicles have remained relatively stable, boosting their demand.
This surge in electric vehicle demand comes at a time when several automakers have raised vehicle prices due to increasing production costs, raw material prices, and operational expenses.
Starting July 1, Tata Motors has increased the prices of its petrol, diesel, and electric passenger vehicles by up to 1.5%. The company has also raised the prices of its commercial vehicles by up to 2.5%, depending on various models and variants.
Previously, Hyundai Motor India announced price hikes of up to ₹12,800 for its vehicles. Maruti Suzuki India has also increased prices by up to ₹30,000 across various models, while Mahindra & Mahindra raised prices for its SUVs and commercial vehicles by up to 2.5%, with an average increase of about 1.6% across different models.
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