Electric car sales nearly double in October
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New Delhi: Sales of electric cars in the Indian market almost doubled to 35,777 units last month from a year earlier, according to vehicle registration data from the government’s Vahan portal, indicating an increasing shift among consumers to electric amid high fuel prices.EV sales were 18,055 in the same month last year, as per vehicle registration data from the portal.EVs accounted for about 7% of total passenger vehicle sales in October, compared with 3.2% a year earlier.While the increase in fuel prices due to geopolitical tensions has been accelerating a customer shift to electric vehicles during most of the ongoing calendar year, the sales also got additional support from the improving charging infrastructure and the launch of models across price points.Tata Motors retained its lead in the EV market with a 40.7% share in October. Mahindra had a 23.7% share, followed by JSW MG Motor India (16.4), VinFast (7.2) and Maruti Suzuki (3.3%).Electric car registrations in the first 10 months of the calendar year totalled 287,453 units, already exceeding the sales volume of 176,817 units in the entire 2025 by a large margin.Among other established brands, Kia’s EV sales more than doubled, powered by demand for the Syros EV. At Korean auto major Hyundai, sales of electric cars rose 70% to 753 units in October. Chinese brand BYD's sales rose 29% to 735 units last month, but its market share declined to 2% from 3% a year earlier. Toyota Kirloskar Motor reported 189 EV registrations last month, and Stellantis 60 registrations.Tata and Mahindra together accounted for about two out of every three electric cars sold in the local market with a combined segment share of 64.4% in October. Their combined share a year earlier was about 62%.
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