BusinessPhoto: Deccan HeraldElectric Car Penetration to Double to Over 8% in FY27
Electric vehicle (EV) car penetration in India is expected to double to around 8 to 8.5% in the current financial year from about 4% last year, driven by new model launches and better charging infrastructure. Lakshmi Ram Kumar Subbaraj, Director-Sales at JSW MG Motor India, highlighted initiatives like Battery-as-a-Service and vehicle buyback programs that improve EV ownership viability. EV passenger vehicle sales nearly doubled to 36,108 units in September 2026 compared to 18,559 units in September 2025, according to FADA data.
Deccan Herald··New Delhi


