India's electric car sales set to cross 3 lakh units for first time in 2026: Report

India's electric passenger vehicle market is poised for a significant leap, projected to surpass 3 lakh annual sales in 2026. This surge is fueled by a growing array of models, particularly in the affordable segment, coupled with enhanced battery technology that alleviates range anxiety. Attractive ownership costs and rising fuel prices further bolster the appeal of EVs, signaling a strong transition towards mainstream adoption.