Categories: Business

India’s EV Retail Sales Rise Across Segments in October

India’s EV retail sales rose across all segments in October 2025, led by strong growth in passenger and commercial vehicles.

Published by Correspondent

 New Delhi: India’s electric vehicle (EV) retail market in October 2025 expanded across all segments, led by gains in passenger and commercial vehicles, while two- and three-wheeler growth remained relatively modest.

According to the Federation of Automobile Dealers Associations (FADA), electric passenger vehicles saw a 57.5 per cent year-on-year increase in retail sales, with 18,055 units sold, up from 11,464 in October 2023.

Tata Motors Passenger Vehicles Ltd remained the market leader with 7,239 units, followed by JSW MG Motor India Pvt Ltd (4,549 units) and Mahindra & Mahindra Ltd (3,911 units).

Other contributors included Kia India, Hyundai Motor India, BYD India, and BMW India. Vietnamese EV maker VinFast sold 131 units in October.

The electric commercial vehicle segment posted the highest growth, expanding 105.9 per cent year-on-year to 1,767 units from 858 a year earlier. Tata Motors Ltd led with 603 units, followed by Mahindra Group (306 units), Switch Mobility Automotive Ltd (152 units), and Euler Motors Pvt Ltd (151 units).

Electric three-wheeler sales rose 5.1 per cent year-on-year to 70,604 units, up from 67,173 a year earlier. Mahindra Group led with 11,860 units, followed by Bajaj Auto Ltd (8,033 units), YC Electric Vehicle (3,500 units), TVS Motor Company Ltd (2,862 units), and Saera Electric Auto Pvt Ltd (2,264 units).

Electric two-wheeler sales stood at 143,887 units, up 2.6 per cent year-on-year. Bajaj Auto Ltd led with 31,246 units, followed by TVS (29,515), Ather (28,101), and Ola Electric (16,036).

Overall, India’s EV retail volumes in October were higher across all segments, reflecting expanding adoption and sustained interest in clean mobility. 

While two and three wheelers saw incremental gains, possibly due to their large base, passenger and commercial EVs emerged as the key growth engines, supported by new product launches, fleet electrification, and improving charging infrastructure nation-wide.

Amreen Ahmad
Published by Correspondent