2 weeks ago

India's EV car exports surge 17-fold as Europe drives demand

India's EV car exports surge 17-fold as Europe drives demand
EV car exports zoom in Q1, Europe key driver - Economy News · financialexpress.com

India makes electric cars, which are cars that run on batteries instead of petrol.

In the first three months of this financial year, India sent many more of them to other countries.

The value of these exports jumped 17 times compared with the same time last year.

That means India sold $369 million worth of electric cars, instead of a small amount before.

Europe was the biggest customer for these cars.

Spain bought the most, followed by the United Kingdom.

The United Kingdom bought nearly 2,646 cars, a huge jump from just one car last year.

Germany, Norway and Denmark also bought Indian electric cars.

Because of this, all of India's car exports together grew by 15 percent.

Officials say this shows the world likes Indian-made electric cars.

Key facts

Export value (Apr–Jun)
$369 million, a 17-fold year-on-year jump
Units exported
10,802 electric cars (vs 1,309 a year earlier)
Top destination
Spain — $146.4 million, 4,007 units (~40% of exports)
Second destination
United Kingdom — $78.7 million, 2,646 units
Overall motor vehicle exports
$2.87 billion, up 15% YoY
FY2025–26 annual EV exports
$701 million, up from $77.9 million in FY2024–25
Other European buyers
Germany ($25.1M), Norway ($21.1M), Denmark ($21.0M), Belgium ($12.9M), Netherlands ($12.0M)

Sources

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