Electric car sales nearly double in October

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The Economic Times daily newspaper is available online now. Read Today's Paper Electric car sales nearly double in OctoberBy Sharmistha Mukherjee, ET BureauLast Updated: Nov 01, 2026, 09:50:00 PM ISTSynopsis

Electric car sales in India nearly doubled year-on-year to 35,777 units in October, taking their share of passenger vehicle sales to 7% from 3.2% a year earlier. Tata Motors led with a 40.7% market share, followed by Mahindra at 23.7%, as high fuel prices and expanding charging infrastructure supported demand.

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%).

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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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Read More News onElectric car salesEV market in IndiaTata Motors electric vehicleselectric vehicle registration dataMahindra electric vehiclescharging infrastructure for EVsKia Syros EV demandHyundai EV sales increaseBYD electric carsTata Motors

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Read More News onElectric car salesEV market in IndiaTata Motors electric vehicleselectric vehicle registration dataMahindra electric vehiclescharging infrastructure for EVsKia Syros EV demandHyundai EV sales increaseBYD electric carsTata Motors

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