May'26 is a landmark month for India's mobility transition: FADA President C S Vigneshwar
City Air News
Jun 9, 2026 04:13
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Commenting on EV Retail data for May’26, FADA President C S Vigneshwar said, ”May'26 is a landmark month for India's mobility transition — and a meaningful step towards the Hon'ble Prime Minister's clear call for the nation to embrace electric mobility. For the first time ever, EVs crossed 11% of all vehicles retailed, with the industry registering 2,71,682 EVs, up 45% YoY.
The sharp fuel-price hikes of the past month have brought day-to-day running costs into sharp focus for buyers — and increasingly, the low cost of ownership is tilting that everyday economic decision firmly towards electric.
The momentum was broad-based. Electric Two-Wheelers led on volume at 1,70,733 units (+63% YoY), lifting penetration to 9.3% from 6.1%. Electric Three-Wheelers remain the most electrified segment, with 64.4% of all three-wheelers now electric. Electric Passenger Vehicles grew 81% YoY to 26,682 units (penetration 6.6% from 4.5%) on a widening model choice, while Electric Commercial Vehicles more than doubled YoY, though still nascent at 2.86%.
This reflects a maturing ecosystem — Make-in-India manufacturing depth, expanding charging infrastructure and a cost-and-carbon-conscious consumer. To sustain it, accessible financing, robust charging networks and predictable policy remain key. Aligned with the Prime Minister's vision and India's Viksit Bharat and net-zero goals, the dealer community is fully committed to making this transition affordable, accessible and trusted for every Indian."
