Electric car and SUV sales in India jumped 53% in the first half of 2025, reaching 74,539 units. This total is already 75% of all electric passenger vehicles (e-PVs) sold in 2024. With six more months to go, 2025 could see over 150,000 EV sales.
Tata Motors Loses Market Share
Tata Motors still leads the market with 28,471 units but has seen a 14% drop in sales. Its market share has dropped sharply from 68% in early 2024 to just 38% in H1 2025. Tata plans to regain ground with a ₹35,000 crore investment and a fresh range of EVs across three price segments.
The newly launched Tata Harrier EV, with over 10,000 bookings, may help boost sales.
New Leaders Emerging
JSW MG Motor India and Mahindra & Mahindra are the big gainers. MG’s sales have tripled to 24,101 units, grabbing 32% of the market. Mahindra sold 12,585 EVs, growing 225% and taking a 17% share.
Hyundai, with its Creta Electric, jumped from just 706 units last year to 3,917 units in H1 2025. Its market share rose from 1% to 5%.
BYD India also grew, selling 2,448 units, with a 3% market share.
Luxury EVs Also Growing
Luxury EVs sold 2,178 units – up 59%. BMW leads this segment with 1,250 units, followed by Mercedes-Benz with 639. Volvo, Audi, and Porsche saw a drop in sales.
Challenges Ahead
Despite the growth, EV makers could face problems due to possible delays in getting rare earth magnets from China. These are used in motors and other EV parts.
If supply remains steady, India could hit a record 150,000+ electric car sales in 2025.
The EV wave is strong, and with festive season demand ahead, the numbers may surge even more. But Tata Motors must act fast to stay ahead of the fast-rising rivals.
Also Read: Tata Motors Plans Big Comeback with New Cars and EVs
