India's EV Retail Sales Surge 77% Driven by SUV Market Dominance
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India's EV Retail Sales Surge 77% Driven by SUV Market Dominance

India's electric passenger vehicle retail market saw a 77% year-on-year increase in CY25, reaching 1.77 lakh units. This growth was predominantly driven by SUV models, with manufacturers like JSW MG Motor India and Mahindra & Mahindra showing significant gains. Tata Motors maintained its leadership, though with more modest growth. The market remains concentrated, with the top three manufacturers accounting for approximately 88% of total EV retail sales.

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