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Auto Registrations Soar 45% in September, EV Sales More Than Double
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CNBC TV18•29-09-2026, 09:10
Auto Registrations Soar 45% in September, EV Sales More Than Double
- •Vehicle registrations surged 45% year-on-year in September, making it the best September in at least five years, according to VAHAN data.
- •All major vehicle segments, including 2-wheelers, passenger vehicles, and commercial vehicles, posted over 40% growth.
- •Electric vehicle registrations were a standout, more than doubling with a 126% year-on-year increase.
- •The growth is partly attributed to a low base in September 2025 and the timing of the Ganpati festive dates in September 2026.
- •TVS Motor maintained leadership in electric 2-wheelers, while Bajaj Auto's Chetak and Hero MotoCorp's Vida gained market share; Ola Electric saw a decline.
Key Questions Answered
Vehicle registrations recorded a 45% year-over-year growth in September 2026 according to VAHAN data, making it the best September in at least five years with all major segments showing strong double-digit growth.
Pure electric vehicle registrations more than doubled with a 126% year-over-year increase, highlighting the continued expansion of electric mobility across multiple segments.
The two-wheeler segment grew by 48% year-over-year, with TVS Motor and Hero MotoCorp emerging as the key outperformers in the broader market.
