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Even the momentum is already visible in the latest data from VAHAN. As India’s EV industry has logged its fifth consecutive year of growth, with registrations rising 23% year-on-year to 24.3 lakh units in FY26, according to the VAHAN Portal. This marks the first time EV registrations have crossed the 20 lakh milestone, up from 19.7 lakh units in FY25, which had itself grown nearly 17% over the previous year.

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