Overview
- July’s electric passenger vehicle sales hit about 15,295 units, marking a 91% year-on-year increase and the highest monthly total in 2025.
- Tata Motors led the segment with 5,972 EVs sold for nearly 40% market share and set a record with 7,124 wholesale dispatches.
- JSW MG delivered 5,013 units to capture 33% of July’s EV market while Mahindra’s sales surged 435% year-on-year to 2,789 units.
- In the broader passenger vehicle market, Maruti Suzuki topped retail sales with 128,000 units, followed by Hyundai, Mahindra and Tata.
- Government incentives targeting a 30% EV share by 2030 and new model launches are driving OEMs to refine retail and wholesale approaches.