More

    Electric cars hit 4% market share in May: How many sold, who led the race?


    Electric cars hit 4% market share in May: How many sold, who led the race?
    Electric cars hit 4% market share in May.

    India’s electric vehicle momentum continues to gain ground, with electric cars crossing the 4% market share mark in May 2025. According to the latest retail data from the Federation of Automobile Dealers Associations (FADA), electric passenger vehicles accounted for 4.1% of total car sales during the month: up from 2.6% in May 2024 and 3.5% in April this year.

    India electric car sales: How many units sold

    A total of 12,304 electric cars were sold in May, compared to 8,029 units in the same month last year. Tata Motors retained its lead in the EV race by selling 4,351 units in May. Close on its heels was JSW MG Motor, which saw a significant 149% year-on-year growth with 3,765 units sold. Mahindra & Mahindra took third place with 2,632 units. Together, these three brands made up over 87% of the electric car market during the month, IANS reported.However, concerns remain over global supply chain constraints, particularly with China’s export restrictions on rare earth magnets. These components are essential for EV manufacturing and may lead to production slowdowns, FADA warned.

    MG Windsor Pro EV Review: More Range, Tech, Safety | TOI Auto

    Meanwhile, the Indian government has rolled out new guidelines aimed at attracting major global EV players. Under a fresh investment scheme, companies committing at least Rs 4,150 crore can import up to 8,000 electric cars annually at a reduced customs duty of 15%.Stay tuned to TOI Auto for latest updates on the automotive sector and do follow us on our social media handles on Facebook, Instagram and X.





    Source link

    Latest articles

    Related articles