Giriraj Singh Hails Record EV Sales Surge in September
Synopsis
Key Takeaways
India's electric vehicle revolution just hit a new high-water mark. Union Textiles Minister Giriraj Singh took to X on Thursday, October 15, 2026, to flag a milestone the auto sector has been building toward for years: EV sales in India surged 74 per cent year-on-year in September 2026, reaching a record 3.33 lakh units.
In his post, the Minister wrote: 'भारत में EV की बिक्री सितंबर में 74%(YOY) बढ़कर 3.33 लाख यूनिट्स के रिकॉर्ड स्तर पर पहुंच गई है' — 'EV sales in India have risen 74% (YoY) in September to a record level of 3.33 lakh units.' He attributed the jump to the government's PM E-DRIVE scheme and a rapidly expanding range of electric models drawing buyers in.
PM E-DRIVE's role in the sales jump
The PM E-DRIVE scheme is the Central government's current flagship instrument for accelerating electric mobility — combining demand-side incentives for buyers with support for charging infrastructure buildout. It builds on the foundation laid by the FAME-II scheme, which ran from 2019 to 2024 and first normalised EV subsidies at scale across two-wheelers, three-wheelers, and buses.
The Production Linked Incentive (PLI) scheme for automobiles and auto components, announced in 2021, added a manufacturing push — encouraging domestic players to scale up EV production and reduce import dependence on critical components. The combination of fiscal pull and supply-side manufacturing incentives has steadily thickened the pipeline of affordable, locally produced models reaching showroom floors.
Why India's EV push is bigger than a sales number
India is the world's third-largest automobile market, and its dependence on oil imports remains a structural economic pressure point. Every lakh EVs that displace petrol and diesel vehicles chips away at that import bill — directly serving the government's twin goals of energy security and progress toward its 2070 net-zero emissions target.
September's record reading reflects more than a policy nudge. Expanding model availability across segments — from budget two-wheelers to mid-range passenger cars — has broadened the buyer base well beyond early adopters. When the vehicles are there and the incentives are real, demand follows. That is exactly the pattern playing out now.
The next test will be whether these monthly peaks can hold through the post-festive season and whether a mid-term review of PM E-DRIVE maintains the incentive intensity that is clearly working. For now, the numbers speak for themselves — India's electric shift is accelerating, and September just raised the bar.