Tata Motors retains EV market leadership, Mahindra and JSW MG Motor record strong YoY growth
After taking a look at the car retail sales, let us now take a look at the growing electric car retail sales in Oct 2026. India’s electric passenger vehicle market continued its strong growth momentum in October 2026, with total registrations reaching 37,049 units.
This represented an impressive 76.47% year-on-year (YoY) increase. Month-on-month (MoM) sales also registered a 2.61% improvement over the 36,108 units recorded in September 2026.
Manufacturer-wise Electric Car Sales Oct 2026
Tata Motors continued to dominate India’s electric passenger vehicle market, registering 14,669 units in October 2026. Sales increased by 77.61% YoY compared to 8,259 units in October 2025. However, MoM volumes registered a marginal decline of 0.82% against the 14,791 units sold in September 2026.
Mahindra secured the second position with 8,538 electric car sales during the month. The automaker recorded an impressive 85.65% YoY growth over 4,599 units sold in October 2025. MoM performance was equally encouraging, with sales rising by 9.74% from 7,780 units in September 2026.
JSW MG Motor ranked third with 5,939 units sold in October 2026. The company registered growth on both comparison fronts, with sales increasing by 10.80% YoY and 13.30% MoM. It had recorded 5,360 units in October 2025 and 5,242 units in September 2026, respectively.
VinFast delivered a remarkable performance in India’s electric car market, registering 2,571 units in October 2026. Around 15 months after entering the Indian market, the Vietnamese automaker has rapidly expanded its presence. Sales surged by an extraordinary 1,710.56% YoY from just 142 units in October 2025. However, MoM volumes declined by 13.26% compared to 2,964 units in September 2026.
Kia India also reported healthy growth, with its electric vehicles recording 1,395 units in October 2026. This represented an 85.50% YoY increase over 752 units in October 2025, while MoM sales improved by 10.54% compared to 1,262 units in September 2026.
Maruti Suzuki, India’s leading passenger vehicle manufacturer in the ICE segment, is gradually strengthening its presence in the electric vehicle market. The company recorded 1,200 electric car sales in October 2026, registering an 8.70% MoM increase over 1,104 units sold in September 2026.
Hyundai Motor sales also grew by 42.32% YoY to 760 units while it suffered a MoM de-growth by 4.04% as compared to 792 units sold in Sept. Hyundai will launch new sub 4m electric SUV in coming months which could raise its standing in this segment. BYD India sales at 737 units has seen a 4.10% YoY but an 11.84% MoM decline. The company now plans launch of its luxury Denza brand in India.
BMW Leads Luxury EV Segment
In the luxury car segment, BMW India sales improved to 462 units, a 26.58% YoY growth from 365 units of Oct 2025 while MoM sales fell by 7.97%. Tesla has seen strong growth with 291 unit sales in the past month, up 627.50% from just 40 units sold in the same month of last year. Its MoM sales ended flat.
Toyota Kirloskar Motor posted one of the highest percentage-based growth rates, with sales reaching 190 units against just 1 unit in October 2025. However, MoM sales declined by 12.84%. Mercedes Benz suffered a steep decline in demand for its electric car lineup with sales falling 48.76% YoY and 50.40% MoM to 62 units.
Citroen sales at 60 units showed off 11.11% YoY and 9.09% MoM growth while Volvo sales went up by 60.87% to 37 units from 23 unit sales of Oct 2025. Sales dipped by 17.78% as compared to 45 units sold in Sept 2026. Other electric car makers have added 138 units to total car sales last month showing off a strong 283.33% YoY growth while MoM sales also improved by 36.63%.
