Electric Vehicle Sales Hit Record 327,901 Units In July: Report

India's electric vehicle retail sales hit a record 327,901 units in July, up 66% YoY, with penetration over 12%. Two-wheelers led at 204,362 units (+88%), passenger EVs rose 83% to 32,928, three-wheelers at 87,055, and commercial EVs nearly tripled. FADA noted supply constraints for passenger EVs and urged manufacturers to resolve issues before festive season.