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Mahindra Ascends to Second Position in India's Electric Vehicle Market

TL;DR

Mahindra has become India's second-largest EV manufacturer in the first half of 2026, driven by strong sales of its XEV 9S model.

Mahindra has emerged as the second-largest electric vehicle (EV) manufacturer in India during the first half of 2026, surpassing JSW MG Motor India. This significant shift in the competitive landscape is largely attributed to the robust performance of Mahindra's XEV 9S model.

During the January-June 2026 period, Mahindra recorded sales of 38,751 EV units, outperforming MG's 27,973 units. Tata Motors continues to maintain its leadership in the overall EV market. The XEV 9S, a seven-seater electric SUV, played a pivotal role in Mahindra's success, becoming the second best-selling EV model in India with 18,167 units sold, demonstrating the company's effective strategy in catering to larger family needs.

Electric-green-mobilityMarket-insights-analysis

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