India EV Sales Share Nears 5% Doubling Yearly with Major Automaker Growth

Electric vehicle (EV) sales in India have gained significant momentum, nearly doubling their share of total passenger car sales to about 5% in the first half of fiscal year 2026. Leading automakers like JSW MG Motor and Tata Motors have driven this growth, with JSW MG's Windsor SUV achieving rapid scale, and Tata Motors reporting robust festive season sales and a 17% EV share in overall sales. Luxury brands such as BMW and Mercedes-Benz are also experiencing strong adoption of electric models. In contrast, in the U.S., Ford CEO Jim Farley has predicted that EV adoption will be relatively modest near term, around 5% of the market, influenced by federal policy changes and shifting consumer preference toward hybrids and internal combustion engine vehicles. Farley emphasized Ford's focus on affordable commuter EVs, supported by their new Universal EV platform designed for sub-$30,000 models, while the company temporarily paused production of its F-150 Lightning due to supply chain issues and profitability considerations. These developments underscore a divergence in EV market trajectories between India’s accelerating adoption and Ford’s cautious outlook in the U.S.