India’s electric car exports jump 16-fold to $369 million in Q1

India's electric motor car exports surged to $369 million in the first quarter of 2026-27, up from $22.2 million a year earlier, as shipments rose to 10,802 vehicles from 1,309 units, according to commerce ministry data. Europe emerged as the top destination, led by Spain which imported $146.4 million worth of EVs, accounting for nearly 40% of total exports. The UK became the second-largest market with imports of $78.7 million, compared with negligible shipments a year ago.

Other European buyers included Germany ($25.1 million), Norway ($21.1 million) and Denmark ($21 million). Beyond Europe, Japan imported $13.4 million worth of Indian EVs, while Nepal remained a key regional market with $8.1 million in imports. Exports also reached Brazil, Israel, Australia, Singapore and South Korea, reflecting a widening global footprint for Indian-made electric vehicles, both sources report.