Delhi EV registrations rise 29%, petrol vehicles retain dominance

The auto sector is experiencing a transition with EV adoption accelerating, while traditional ICE vehicles still hold significant market share. Government policies are crucial drivers for EV growth.

Look for opportunities in companies with strong EV pipelines and manufacturing capabilities, while keeping an eye on overall auto sales volumes and government policy announcements. Maintain a bullish bias on EV-focused players.

For Indian markets, this story mainly matters for MARUTI, BAJAJ-AUTO and the Automobiles, Electric Vehicles pocket. The current signal is mixed, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Dominant in petrol vehicles, benefiting from continued petrol vehicle demand, but also venturing into EVs, so growth in that segment is positive. Has a presence in the electric two-wheeler segment, which will benefit from EV growth. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •Delhi's electric vehicle registrations surged by 29 percent in 2025-26.
• •Petrol vehicle registrations also increased, indicating continued dominance.
• •Experts anticipate further EV growth due to new policies and incentives.
• •Government is promoting electric mobility with scrappage benefits and tax exemptions.
• •Overall vehicle demand in Delhi saw robust growth.