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India's Electric Passenger Vehicle Market Achieves 77% Growth in 2025, Fueled by SUV Popularity

TL;DR

India's electric passenger vehicle market grew by 77% in 2025, primarily driven by strong demand for electric SUVs and aggressive scaling by key manufacturers.

India's electric passenger vehicle (EV) retail market witnessed substantial growth in Calendar Year 2025, recording a 77% year-on-year increase. This robust expansion was predominantly driven by SUV-led portfolios, indicating a clear consumer preference for this body style in the burgeoning EV segment. Total electric passenger vehicle sales reached 1.77 lakh units in CY25, up from approximately 99,800 units in CY24.

The surge in sales was largely attributed to manufacturers with a strong presence in the SUV market. While Tata Motors maintained its leadership position, its growth was more modest compared to aggressive scaling by rivals like JSW MG Motor India and Mahindra & Mahindra, which posted significant year-on-year increases. Hyundai and Kia also reported triple-digit percentage jumps in EV retail sales, underscoring the dynamic shifts in market leadership.

Electric-green-mobilityIndustry-trendsMarket-insights-analysis

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