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Market News
The latest EV launches, sales numbers and market moves that matter to India.
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48 लेख
Keeway Hypevolt-R Launched at ₹1.99 Lakh: 180 km Range, 115 km/h Top Speed
The performance e-scooter packs a 12 kW motor, dual 5 kWh removable batteries and a blind-spot radar — a rival to the Ather 450 Apex and Ultraviolette Tesseract
Keeway has entered India's premium electric-scooter space with the Hypevolt-R, launched at an introductory ₹1.99 lakh (ex-showroom), with bookings open for ₹5,000. A 12 kW mid-mounted motor pushes it to 40 km/h in 2.3 seconds and a 115 km/h top speed, while dual removable 5 kWh packs give a claimed 180 km IDC range. Dual-channel ABS, traction control, blind-spot detection and a reverse camera round off an unusually loaded spec sheet.
Ather 450X Overtones Series Launched from ₹1.53 Lakh with 30% Faster Charging
New 900 W charger and three dual-tone colourways refresh the 450X — mechanicals stay the same
Ather Energy has launched the 450X Overtones Series from ₹1,53,499 (ex-showroom), a colour-and-charging update rather than a new model. A new 900 W onboard charger replaces the old 700 W unit and cuts AC charging times by about 30%, while three new dual-tone paint schemes cost ₹1,000 extra over standard shades. The motor and battery are unchanged, and the scooter ships with the latest AtherStack 7 software.
Ather EL01 Launch Confirmed for August 29 — Its Most Affordable Electric Scooter Yet
Ather's first EL-platform scooter debuts at Community Day 2026 in Bengaluru, targeting the ₹1–1.25 lakh mass-market segment
Ather Energy has confirmed that its fourth Community Day will be held on August 29, 2026 in Bengaluru, where it will unveil the first scooter on its all-new EL platform. Widely tipped as the Ather EL01, it will be the brand's most affordable e-scooter to date — aimed at the ₹1–1.25 lakh segment, though not priced below ₹1 lakh — and its first genuine mass-market play against the TVS Orbiter, Bajaj Chetak, Hero Vida VX2 and Ola S1 X.
India's e-Scooter Market Consolidates: TVS, Bajaj, Hero and Ather Take 96% of H1 2026 Growth as Ola Slides
970,993 electric two-wheelers registered in January–June 2026 (up 53%) — but Ola's registrations fell 44% to 65,999 as its share collapsed from 18.6% to 6.8%
India registered 9,70,993 electric two-wheelers in the first half of 2026 — up 53.3% year-on-year, per Vahan data. But the growth is narrowing to a handful of players: TVS, Bajaj, Hero and Ather together accounted for about 96% of the market's incremental volume. Ather rose 91% to 169,020 units (17.4% share), while former leader Ola Electric fell 44% to 65,999 units, its share collapsing from 18.6% to 6.8%. Here's what the H1 scorecard says about who's winning India's e-scooter race.
Kia Syros EV Unveiled With 526 km ARAI Range — Bookings Open at ₹25,000
Two battery packs (42 kWh / 51.4 kWh), seven trims, a lifetime battery warranty and 100 kW fast charging; prices expected around July 23
Kia India has fully revealed the Syros EV and opened bookings at ₹25,000. The electric SUV gets two battery packs — 42 kWh with a 443 km ARAI range and 51.4 kWh with a segment-best 526 km — across seven trims, with Level 2 ADAS, 100 kW DC fast charging (10–80% in 39 minutes) and a lifetime high-voltage battery warranty. Prices are expected around July 23, pitting it against the Tata Nexon EV, Mahindra XUV 3XO EV and MG Windsor.
MG Windsor EV Prices Hiked by Up to ₹60,000 — India's Best-Selling EV Now Starts at ₹14.70 Lakh
JSW MG raises Windsor prices by ₹40,000–60,000 across variants, citing rising input costs — the third EV maker to hike prices this July
JSW MG Motor India has raised prices of the Windsor EV — India's best-selling electric car with over 75,000 units sold in under two years — by ₹40,000 to ₹60,000 across variants. The base Excite takes the biggest jump, from ₹14.10 lakh to ₹14.70 lakh, while the range now tops out around ₹19 lakh (ex-showroom). The hike follows similar July moves by Tata Motors and Mahindra, as rising input costs ripple through India's EV market.
Tata Sierra EV Launched at ₹18.79 Lakh: Up to 665 km Range, QWD and Triple Screens
Tata's electric SUV goes on sale with 63/75 kWh packs, an optional Quad Wheel Drive dual-motor setup and a 5.8s 0–100 km/h sprint
Tata Motors' Sierra EV, launched at ₹18.79 lakh (ex-showroom), begins customer deliveries today (July 15, 2026), with the five-variant range — Pure, Pure S, Adventure, Empowered and Empowered A — topping out around ₹26.49 lakh. The electric SUV offers 63 kWh and 75 kWh battery packs, a claimed MIDC range of up to 665 km, DC fast charging that adds 263 km in 15 minutes, an optional Quad Wheel Drive dual-motor setup good for 0–100 km/h in 5.8 seconds, and a lifetime (15-year) battery warranty. Here are the confirmed prices, specs and what it means for buyers.
Hero Vida VX2 Plus 4.4 kWh Launched: 187 km Range at ₹1.44 Lakh
New flagship variant adds two 2.2 kWh removable packs, a 90 km/h top speed and faster AC charging — the ₹59,490 BaaS entry stays
Hero MotoCorp has topped its Vida VX2 range with a new VX2 Plus 4.4 kWh variant, launched on July 13, 2026 at ₹1.44 lakh (ex-showroom). Two removable 2.2 kWh packs lift the claimed IDC range to 187 km and top speed to 90 km/h, with 20–80% AC charging in about 2.5 hours. The VX2 line still starts at ₹59,490 on the Battery-as-a-Service plan.
Mahindra Hikes Prices by Up to 2.7% — Electric XEV 9S Gets the Biggest Bump at ₹70,000
Effective July 10, the XEV 9S now starts at ₹20.65 lakh; the BE 6, XEV 9e and XUV 3XO are spared this round
Mahindra has raised prices across its SUV range by an average of 2.7% from July 10, 2026, citing commodity-cost escalation — its second hike this year after April's increase. The electric XEV 9S takes the single biggest jump of any Mahindra: ₹70,000, lifting its starting price to ₹20.65 lakh. The BE 6, XEV 9e and XUV 3XO are unchanged. Coming days after Tata's own July 1 hike, here's what it means for EV buyers.
e-Scooters Cross 10% of India's Two-Wheeler Sales for the First Time in June 2026
FADA confirms a 10.6% share as 1.93 lakh e-2Ws are retailed — TVS leads, Hero Vida nearly triples, Ola slides to 8.3%
FADA's June 2026 retail data confirms a landmark: electric two-wheelers took a 10.6% share of all two-wheeler sales in India — the first time the segment has crossed 10%. Around 1.93 lakh e-2Ws were registered, up 75% year-on-year and the second-highest month ever. TVS led with 46,999 units, Bajaj followed with 43,234, Ather crossed 31,000 again, Hero Vida nearly tripled, and Ola's share fell to 8.3%. Here's the full June scorecard.
Yamaha Aerox E Launched in India at ₹2.82 Lakh — Its First Electric Scooter Duo Is Complete
The electric Aerox gets dual removable 3 kWh batteries, 117 km range and a 95 km/h-plus top speed — but premium pricing puts it against the TVS X
Yamaha has launched the Aerox E in India at ₹2.82 lakh (ex-showroom) — the electric version of its Aerox 155 maxi-scooter and its new flagship EV. It packs two removable 1.5 kWh batteries (3 kWh total), a ~13 bhp motor with 48 Nm, a claimed 117 km range and three ride modes plus Boost. Sales start in Delhi, Mumbai, Pune, Bengaluru and Chennai. Here's the full spec, price context and how it stacks up.
45% of Indian Homes Need Electrical Upgrades for Safe EV Charging: Kazam–AEEE Report
Home charging already supplies 80–90% of India's daily EV energy, but only about 55% of prospective buyers can plug in at home today
A new report by Kazam and the Alliance for an Energy Efficient Economy, built on 80,000+ real residential charger installations, finds home charging supplies 80–90% of India's daily EV energy — yet nearly 45% of homes need wiring, earthing or load upgrades before they can charge safely. Only ~55% of prospective buyers have feasible home-charging access, and in Delhi just 2% of EV owners have a dedicated EV meter. What the findings mean for buyers and housing societies.
India's e-Two-Wheeler Sales Cross 1 Million in 2026 — Six Months Faster Than Ever
10,05,279 e-scooters and bikes sold between January 1 and July 6, up 54% — with TVS, Bajaj and Ather holding two-thirds of the market
India's electric two-wheeler market has crossed 10 lakh (1 million) sales in 2026 — 10,05,279 units between January 1 and July 6, per Vahan data, or about 5,375 every day. That's 54% growth over the same period last year. TVS leads with a 26% share, Bajaj holds 22% and Ather 17%, while the top 10 brands control 93% of the market. The industry is now racing towards its first-ever 2-million-unit year. Here's the full scorecard.
Tata EV Discounts Extended Into July 2026: Up to ₹3.35 Lakh Off
Curvv EV leads with up to ₹3.35 lakh in benefits; Harrier EV gets up to ₹2.75 lakh — even after the July 1 price hike
Tata Motors has carried its big EV offers into July 2026: up to ₹3.35 lakh off the pre-SeriesX Curvv EV, up to ₹2.75 lakh on the Harrier EV, ₹1.45 lakh on the pre-facelift Punch and Tiago EVs and ₹50,000 on the Nexon EV. Here's the model-by-model July breakdown and what to check before you buy.
Revolt RVX Launched at ₹1.30 Lakh — 160 km Range, Removable Battery, ₹94,990 in Delhi
A new mid-drive motor with 5.3 kW peak and 230 Nm at the wheel, plus a Delhi EV Policy price of just ₹94,990
Revolt Motors has launched the RVX electric motorcycle at an introductory ₹1.30 lakh (ex-showroom). It debuts a 4 kW mid-drive PMSM motor with 5.3 kW peak, a 3.24 kWh removable NMC battery claiming 160 km IDC range, 0–80% fast charging in 80 minutes and a 90 kph Boost mode. In Delhi, EV-policy incentives cut the effective price to ₹94,990. Here's the full breakdown.
Hyundai Creta Electric Now Starts at ₹10.99 Lakh With BaaS — ₹7 Lakh Off the Sticker
Battery-as-a-Service splits the car from its battery: pay ₹3.90 per km for the pack and the entry price drops by ₹7.04 lakh
Hyundai has introduced Battery-as-a-Service (BaaS) on the Creta Electric, cutting the entry price from ₹18.03 lakh to ₹10.99 lakh (ex-showroom) — you buy the car without the battery and pay ₹3.90 per km for the pack instead. With the Creta Electric joining the MG Windsor, Maruti e Vitara and others, battery rental is fast becoming mainstream in India. Here's how the maths works and who should consider it.
Ola Electric Registrations Nearly Double to 43,719 in Q1 FY2027 — Is the Turnaround Real?
June's 16,144 units were Ola's best month in quarters, but its share of a booming e-scooter market is still just 8.3%
Ola Electric registered 43,719 electric two-wheelers in April–June 2026, nearly double the 22,252 it managed in the March quarter, per Vahan data. June alone brought 16,144 registrations — its strongest month in recent quarters — and the stock rallied on the news. But in a market that grew 75% in June, Ola's share is still only 8.3%, far from its former #1 perch. Here's what the recovery does (and doesn't) mean.
DERC Order Unblocks PM E-Drive Charging Stations in Delhi: Infra Costs Won't Hit Consumers
Discoms must now bill full upstream infrastructure costs to charge-point operators, with the PM E-Drive subsidy covering the bulk — clearing a bottleneck flagged in May
The Delhi Electricity Regulatory Commission has issued a new order, effective July 1, 2026, directing discoms to include the complete cost of upstream electricity infrastructure — transformers, cables and control systems — in demand notes to charge-point operators for EV charging and battery-swapping stations under the PM E-Drive scheme. The cost is met through the scheme's subsidy rather than general electricity consumers, and Delhi Transco will track every project. Here's why it matters for Delhi's charging build-out.
India's Passenger-EV Registrations Jump 89% to 82,737 in Q1 FY2027
Tata extends its lead to 39% share, Mahindra crosses 20,000 in a quarter for the first time, and Maruti & VinFast make their debut on the scoreboard
India registered 82,737 electric passenger vehicles between April and June 2026 — up 89% from 43,710 a year earlier, per Vahan data. Tata Motors more than doubled to 32,283 units and stretched its share to 39%, Mahindra nearly doubled to 20,112, JSW MG grew 22% to 16,502, and first-timers Maruti Suzuki (4,894) and VinFast (3,973) entered the rankings. Here's the full quarterly scorecard.
BYD Outsells Tesla Again in Q2 2026 — Even as Tesla Posts Its Best-Ever Second Quarter
BYD delivered 557,090 EVs to Tesla's 480,126 — but Tesla's 25% jump beat Wall Street by 74,000 units and ended two years of decline
BYD delivered 557,090 battery-electric vehicles in April–June 2026, keeping its crown as the world's biggest EV seller. Tesla answered with 480,126 deliveries — up 25% year-on-year, roughly 74,000 above analyst estimates and its strongest second quarter ever. In India, the contrast is starker: BYD's registrations grew 54% last quarter while Tesla's imported-only Model Y remains a rounding error. Here's what the global scoreboard means for Indian buyers.
India's Monthly EV Sales Cross 30,000 for the First Time in June 2026
Tata leads with 12,023 units and Mahindra tops 7,000 as the passenger-EV market more than doubles year-on-year
India's passenger-EV market hit a new high in June 2026, with 31,253 units retailed — the first time monthly sales have crossed 30,000. Volumes more than doubled year-on-year (up 106%) and rose 12% over May. Tata Motors led with 12,023 EVs and a 38% share, Mahindra crossed 7,000 for the first time, and Maruti, VinFast and BYD all set personal bests. Here's the full June 2026 scorecard.
Delhi EV Policy 2026 Now In Force: 100% Road-Tax Waiver, ₹30,000 e-Scooter Subsidy, Petrol 2W Ban From 2028
Officially notified with effect from July 1 — full road-tax and registration waiver on cars up to ₹30 lakh, a year-by-year e-two-wheeler subsidy, scrappage incentives and firm ICE phase-out dates
Delhi has officially notified EV Policy 2026, in force from July 1, 2026 after the Lieutenant Governor's sign-off. It gives a 100% road-tax and registration waiver on EVs (cars up to ₹30 lakh ex-showroom), an e-two-wheeler subsidy of ₹30,000 in year one, ₹20,000 in year two and ₹10,000 in year three, up to ₹1 lakh for goods carriers, ₹1 lakh scrappage on cars, and bars new petrol/CNG two-wheeler registrations from April 2028. Here's everything confirmed.
Tata Motors to Add 4 New EVs and 10+ Refreshes by FY31, Eyes 30% EV Share
Sierra.ev and an Avinya-based flagship lead a roadmap promising 2–3x range and 3x faster charging
Tata Motors Passenger Vehicles has laid out an aggressive electric roadmap — four all-new EVs and more than ten product refreshes by FY31 — as it targets over 30% EV penetration and aims to 2–3x its range and triple charging speeds. Here's what the plan means for buyers.
VinFast Patents Viper E-Scooter in India, Readies Three-Model 2W Launch
Evo, Feliz and Viper electric scooters are lined up for H2 2026 as the Vietnamese giant enters India's two-wheeler market
VinFast has registered a design patent for its Viper electric scooter in India — the clearest sign yet that the Vietnamese EV maker is about to enter the country's two-wheeler market. It plans to bring three e-scooters, the Evo, Feliz and Viper, in the second half of 2026. Here's what it means for Indian buyers.
Ather Energy Crosses 7 Lakh Scooter Sales — India's 4th-Biggest EV Two-Wheeler Brand
7,04,447 units delivered as of June 25, with the Rizta driving the surge
Ather Energy has crossed 7 lakh cumulative electric-scooter sales in India — 7,04,447 units as of June 25, 2026 — becoming the fourth e-two-wheeler brand to hit the mark after Ola, TVS and Bajaj. It added its last 2 lakh units in just eight months, with the Rizta family scooter now nearly 75% of monthly volumes. Here's what the milestone signals.
2026 TVS iQube S Relaunched With Bigger 4.7 kWh Battery and 175 km Range
Mid-spec scooter gains range and new colours — now priced at ₹1.59 lakh
TVS has relaunched the iQube S with a larger 4.7 kWh battery pack, lifting its claimed range to 175 km, alongside two new colours. Priced at ₹1.59 lakh (ex-showroom, Delhi), it sits in a refreshed five-pack iQube line-up spanning 2.2 kWh to 5.3 kWh. Here's what's new and how it fits the range.
BYD Launches 2026 Yangwang Lineup With Blade Battery 2.0
Next-gen battery and flash charging across U7, U8 and U8L
BYD has rolled out its 2026 Yangwang lineup with the second-generation Blade Battery and flash charging — the U7 now claims up to 1,006 km CLTC range. Here's what's new and the prices.
Yangwang U9 Xtreme Hits 496 km/h & Sets a Nürburgring EV Record
BYD's 3,000 hp hypercar rewrites the EV performance books
BYD's Yangwang U9 Xtreme — a ~3,000 hp, 1,200-volt hypercar — hit 496.22 km/h and set the fastest-ever production-EV lap of the Nürburgring at 6:59. What it means for EV performance.
Citroen eC3X Launched in India From ₹10.25 Lakh (₹6.89 Lakh With BaaS)
A budget electric crossover with six airbags, 320 km range and a battery-rental option
Citroen has launched the eC3X electric crossover in India on June 17, 2026, priced from ₹10.25 lakh (ex-showroom) — or just ₹6.89 lakh on its Battery-as-a-Service plan, with battery rent of ₹2.26 per km. It packs a 29.2 kWh battery, a claimed 320 km range, six airbags as standard and 10–80% DC fast charging in about 57 minutes. Here's everything that's new.
Tesla Opens 5th India Centre in Hyderabad, Shows 2026 Model Y Lineup
HITEC City showroom debuts the Model Y L six-seater at ₹61.99 lakh
Tesla opened its fifth India experience centre in Hyderabad's HITEC City on June 17, 2026, joining outlets in Delhi, Gurugram, Mumbai and Bengaluru. It showcases the 2026 Model Y Premium RWD (₹50.89 lakh) and the new six-seat Model Y L (₹61.99 lakh, 681 km), with a free Wall Connector for orders before June 30. Here's what it means for Indian buyers.
Tata Raises Car & EV Prices by Up to 1.5% From July 1
The first hike for its EV range this year — right as June discounts run
Tata Motors will raise prices across its passenger-vehicle range, including its electric cars, by up to 1.5% from July 1, 2026, blaming rising input costs. It is the first price increase for Tata's EV lineup this year — and it lands just as the brand runs its biggest June discounts. Here's what it means for buyers.
Mercedes S-Class S 450e Launched: India's First Plug-in Hybrid S-Class
The flagship sedan goes electric-first with a 100 km PHEV range
Mercedes-Benz launched the 2026 S-Class facelift in India on June 15, offered solely as the plug-in hybrid S 450e — its first non-AMG PHEV S-Class here. A 3.0-litre inline-six pairs with a 22 kWh battery for 435 hp and a claimed 100 km of electric range. Here's what the flagship's electrification means.
BYD Confirms DM-i Plug-in Hybrid for India
Super-efficient PHEV tech with 1,000 km+ combined range is India-bound
BYD India has revealed its DM-i 'Super Plug-in Hybrid' technology for the Indian market, confirming the Seal U as its first PHEV here, due by the end of 2026. With combined ranges past 1,000 km and up to ~140 km of electric-only running, here's why BYD's hybrid push matters for Indian buyers.
Electric Cars Hit Record 6.6% Share in India in May 2026
EV passenger sales jump 81% as fuel prices bite
Electric passenger vehicle retail sales surged 81% year-on-year to 26,682 units in May 2026, taking EV cars to a record 6.6% of the market, FADA data shows. Tata led with 10,340 units, ahead of Mahindra and JSW MG. Here's what the record month means for buyers.
PM E-Drive Scooter Subsidy Ends July 31 — Buy Before the Cap Runs Out
₹5,000 e-scooter incentive is fund-limited and nearly used up
The PM E-Drive demand incentive for electric two-wheelers now ends on July 31, 2026 — but the scheme is fund-limited and could close sooner. With about 22 lakh of the 24.79 lakh e-scooter slots already claimed, here's what buyers need to know before the cap runs out.
TVS Crosses 1 Million Electric Scooter Sales in India
Only the second brand after Ola to hit the 10-lakh mark
TVS Motor has crossed 10 lakh (1 million) cumulative electric scooter sales in India — 10,04,148 units of the iQube and Orbiter as of June 11, 2026 — becoming only the second EV maker after Ola Electric to reach the milestone. Here's how fast it got there and what it signals.
Petrol Tops ₹100 in Major Cities — and EV Interest Is Surging
A ₹7.5/litre fuel-price jump sharpens the case for going electric
Petrol and diesel have risen by nearly ₹7.5 a litre in under two weeks, pushing petrol past ₹100 in several Indian cities amid West Asia tensions. As pump prices bite, EV running-cost savings look bigger than ever. Here's what the fuel shock means for Indian buyers.
JSW MG Becomes First Carmaker to Install 1,000 Community EV Chargers
470+ sites covered; three new EVs including a PHEV due in 2026
JSW MG Motor India says it is the first carmaker in the country to install 1,000 community EV chargers, spread across 470+ residential, hospital and campus sites. The company also confirmed three new electric vehicles for 2026, including its first plug-in hybrid. Here's why community charging matters.
2026 Tata Tiago EV Launched From ₹6.99 Lakh
A full generation update — six airbags, faster charging, new cabin
Tata has launched the 2026 Tiago EV as a generation update, not a facelift — priced from ₹6.99 lakh (or ₹4.69 lakh on its battery-as-a-service plan). It gets six airbags as standard, a redesigned cabin, two battery packs with up to 285 km of range, and 40% faster charging. Here's everything that's new.
Ather Hikes Rizta Prices; Now Starts at ₹1.21 Lakh
Family e-scooter is up to ₹4,000 dearer from June 1
Ather Energy has raised prices of its best-selling Rizta family scooter by ₹3,000–4,000, effective June 1, 2026. The four-variant lineup now spans ₹1.21–1.59 lakh (ex-showroom). Here's the variant-wise breakdown and what the hike means for buyers.
Ultraviolette Tesseract Pushed to January 2027
Early bookings keep the ₹1.45 lakh launch price
Ultraviolette has delayed its radar-equipped Tesseract electric scooter to January 2027 — its third slip since the 2025 unveil — but has promised to honour the ₹1.45 lakh introductory price for early reservation holders. Here's what changed and why.
Best-Selling Electric Cars in India 2026: Top Models & India's No. 1 EV
What India is actually buying — and why
Which is the top-selling electric car in India? The best-selling EV cars of 2026, India's No. 1 EV brand and the most sold electric car — and what the numbers mean for buyers.
Electric Two-Wheeler Sales Near Record High in May 2026
TVS leads, Bajaj and Ather surge as petrol prices bite
India retailed 1.7 lakh electric two-wheelers in May 2026 — up 63% year-on-year and the segment's second-best month ever. TVS led, with Bajaj, Ather and Hero Vida all posting big gains. Here's the full breakdown.
Tata EV Sales Cross 10,000 in a Month for the First Time
Record May as Tata edges past Mahindra in the sales race
Tata Motors sold over 10,500 EVs in May 2026 — its first month above 10,000 — as India's electric-car market jumped on the back of rising petrol, diesel and CNG prices. Here's what the record numbers mean.
Tesla Cuts Model Y Price in India by ₹9 Lakh
Why import duty still keeps it premium
Tesla slashed the Model Y's India price by about ₹9 lakh in May 2026. We unpack the new pricing, the import-duty story, and how it stacks up against home-grown EVs.
India's Charging Network Nears 30,000 Stations
Growth, reliability and a UPI-style fix
India's public charging network is scaling fast — but reliability is still the pain point. Here's the latest on PM E-Drive chargers and the proposed UPI-style payment system.
Maruti e Vitara: India's Biggest Carmaker Goes Electric
What its first EV (and BaaS pricing) means
Maruti Suzuki's first EV, the e Vitara, brings a battery-as-a-service option to the mass market. Here's why India's largest carmaker going electric matters for every buyer.
India EV Sales Cross 2.45 Million in FY2026
What the record numbers mean for buyers
EV sales grew about 25% to 2.45 million units in FY2026, with electric cars up 84%. We break down the FADA data and what India's broadening EV market means for you.