Electric Four-Wheeler Sales in India: February 2026 Retail Analysis
The Indian electric passenger vehicle (PV) market continues its overall upward trajectory on an annual basis, despite facing short-term month-on-month fluctuations. According to the latest retail data released by the Federation of Automobile Dealers Associations (FADA) for February 2026, the sector recorded significant year-on-year growth, driven by aggressive expansion from key domestic and international automakers.
Here is a detailed breakdown of the electric four-wheeler sales performance in India for February 2026.
Key Market Highlights for February 2026
The FADA report highlights a maturing market with consistent year-on-year demand, even as month-on-month figures show a temporary dip.
- Total Retail Sales: The industry registered a total of 13,733 electric passenger vehicles sold in February 2026.
- Year-on-Year (YoY) Growth: The sector witnessed a robust 44.48% growth compared to February 2025, which saw 9,505 units sold.
- Month-on-Month (MoM) Decline: Sales dropped by 25.65% compared to January 2026, down from 18,470 units.
- EV Market Penetration: Electric vehicles captured a 3.5% share of the overall passenger vehicle market in February 2026, slightly down from 3.6% in January 2026, but up from 3.0% in February 2025.
Top Performing EV Manufacturers
The Indian EV landscape remains highly competitive, with legacy automakers and new entrants vying for market share.
1. Tata Motors Passenger Vehicles Ltd
Tata Motors maintains its leadership position in the Indian EV space. The company retailed 5,568 units in February 2026. While this represents a 30.46% decline from January 2026, it marks a solid 38.51% YoY growth compared to February 2025.
2. JSW MG Motor India Pvt Ltd
Securing the second spot, JSW MG Motor India sold 3,312 units. The automaker experienced a slight YoY contraction of 5.10% and a MoM drop of 29.58%.
3. Mahindra & Mahindra Limited
Mahindra emerged as one of the most impressive growth stories of the month. The brand sold 2,913 electric vehicles in February 2026, translating to a massive 473.43% YoY growth compared to just 508 units in February 2025.
Electric Passenger Vehicle Retail
| PV OEM | Feb’26 | Jan’26 | Feb’25 | MoM% | YoY% |
| TATA MOTORS PASSENGER VEHICLES LTD | 5,568 | 8,007 | 4,020 | -30.46% | 38.51% |
| JSW MG MOTOR INDIA PVT LTD | 3,312 | 4,703 | 3,490 | -29.58% | -5.10% |
| MAHINDRA & MAHINDRA LIMITED | 2,913 | 3,668 | 508 | -20.58% | 473.43% |
| VINFAST AUTO INDIA PVT LTD | 384 | 435 | – | -11.72% | 0.00% |
| BYD INDIA PRIVATE LIMITED | 306 | 231 | 278 | 32.47% | 10.07% |
| HYUNDAI MOTOR INDIA LTD | 304 | 333 | 775 | -8.71% | -60.77% |
| KIA INDIA PRIVATE LIMITED | 295 | 309 | 22 | -4.53% | 1240.91% |
| BMW INDIA PVT LTD | 245 | 321 | 239 | -23.68% | 2.51% |
| MARUTI SUZUKI INDIA LTD | 214 | 215 | – | -0.47% | 0.00% |
| MERCEDES -BENZ AG | 65 | 70 | 72 | -7.14% | -9.72% |
| TESLA INDIA MOTORS AND ENERGY PVT LTD | 29 | 37 | – | -21.62% | 0.00% |
| VOLVO AUTO INDIA PVT LTD | 25 | 36 | 24 | -30.56% | 4.17% |
| STELLANTIS AUTOMOBILES INDIA PVT LTD | 13 | 41 | 60 | -68.29% | -78.33% |
| Others | 60 | 64 | 17 | -6.25% | 252.94% |
| Total | 13,733 | 18,470 | 9,505 | -25.65% | 44.48% |
Emerging Players and Notable Trends
Beyond the top three, several automakers showcased interesting sales dynamics in the Indian electric four-wheeler segment:
- BYD India Private Limited: BYD defied the broader MoM downward trend, registering 306 units sold in February 2026. This equates to a 32.47% MoM increase and a 10.07% YoY growth.
- Kia India Private Limited: Kia recorded staggering YoY growth of 1240.91%, retailing 295 units compared to a mere 22 units in February 2025.
- New Entrants: The data reflects retail figures for newer players in the Indian market, including Vinfast Auto (384 units), Maruti Suzuki (214 units), and Tesla India (29 units), indicating a broadening landscape of choices for consumers.
- Luxury Segment: BMW India led the luxury EV pack with 245 units (up 2.51% YoY), followed by Mercedes-Benz with 65 units.
FAQs on Indian Electric Four-Wheeler Sales (February 2026)
What was the total number of electric cars sold in India in February 2026? A total of 13,733 electric passenger vehicles were sold in India during February 2026, according to FADA retail data.
Which company sold the most electric cars in India in February 2026? Tata Motors Passenger Vehicles Ltd led the market by selling 5,568 electric vehicles.
What is the current market share of electric cars in India? As of February 2026, electric vehicles hold a 3.5% market share in the overall Indian passenger vehicle segment.
Did EV sales in India grow or decline in February 2026? Electric PV sales experienced a strong Year-on-Year growth of 44.48% compared to February 2025, but saw a Month-on-Month decline of 25.65% compared to January 2026.
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