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EV Sales Soar 28.6% in June, Driven by PV and CV Growth: FADA

Written by: Team Angel OneUpdated on: 9 Jul 2025, 8:35 pm IST
India’s EV sales rose 28.6% in June 2025, driven by strong growth in e-passenger vehicles, 2-wheelers, and commercial EVs, backed by govt support.
EV Sales Soar 28.6% in June, Driven by PV and CV Growth: FADA
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India's electric vehicle (EV) sector witnessed strong growth in June 2025, registering a 28.60% year-on-year rise with total sales reaching 1,80,238 units, according to the Federation of Automobile Dealers’ Associations (FADA). Electric passenger vehicles led the charge with a sharp 79.95% increase in sales to 13,178 units, nearly doubling from 7,323 units in June 2024. 

This segment now holds a 4.4% share of total EV sales, up from 2.5% last year, highlighting a shift in consumer preference towards sustainable personal transport.

Segment-Wise Growth and Market Share

Electric 2-wheelers recorded a robust 31.69% growth, with retail sales climbing to 1,05,355 units from 80,003 in June 2024. Their market share rose to 7.3%, up from 5.8% the previous year, reflecting increased public acceptance. Electric 3-wheelers retained the largest share within the EV space, accounting for 60.2% of total EV sales, with 60,559 units sold-up 15.79% year-on-year. 

Meanwhile, electric commercial vehicles, though still a smaller segment, showed the fastest growth, more than doubling to 1,146 units, a 122.5% increase over the previous year.

Drivers Behind EV Adoption

FADA President C.S. Vigneshwar credited the rise in EV sales to supportive government policies, particularly the PM e-Drive Scheme, which aims to make electric mobility affordable and widespread. The continued development of charging infrastructure and increased domestic investment in EV technology have also boosted consumer confidence. 

With rising EV penetration across all segments and their growing role in urban transport and logistics, the Indian EV landscape is moving steadily towards a cleaner and self-reliant mobility ecosystem.

Read More: Fuel Ban on Old Vehicles in Delhi Postponed to Nov 1 Citing Tech Issues!

Conclusion 

The steady rise in EV sales across all segments reflects India’s growing shift towards sustainable mobility, supported by policy incentives and infrastructure expansion.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jul 9, 2025, 3:05 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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