Shift in Indian Auto Market: EV Sales Surge Amid Rising Fuel Costs
The Electric Pivot In a significant shift for the Indian automotive sector, electric vehicle (EV) retail sales spiked by 81% in May 2026, as high fuel prices pushed consumers toward alternative energy solutions. According to data from the Federation of Automobile Dealers Associations (FADA), EV retail market share crossed the 11% threshold for the first…