EV Sales continue to consolidate in the 18k-20k range. Retail sales grew 9% MoM and 67% YoY
Launch of XEV 9S, Sierra, and eVitara should bring the next push in EV sales
Brand-by-brand sales trend
Mass Market OEMs
Tata - Nexon and Harrier continue to push Tata sales. Tata needs to revisit Cruvv because it is struggling to generate volume.
MG - Windsor continues to be the best-selling EV in the country. But MG should come up with another launch; the market is ripe for it
Mahindra - Had best month till date with all variants deliveries in full swing
Kia - They overtook Hyundai with a more expensive car, just because they are the only affordable 7-seater EV option in the country
Hyundai - They are struggling, and they need to revisit the prices of the Creta. It is a competent car.
Vinfast - They are doing well, given the fact that these are all organic sales
Premium Market OEMs
BYD continues to do steady volumes for their price point.
BMW iX1 continues to sell well, but they are losing a bit of steam.
Tesla volumes dropped MoM, I think it is because they have showrooms only in Delhi and Mumbai.
Mercedes, Volvo, and Audi continue to struggle.
About the Author
Ferrari Rules
Tech & Auto Enthusiast
I am an IT professional who is fascinated by the technology driving us forward—both on the racetrack and the daily commute. I closely track India's transition to Electric Vehicles, analyzing the data behind the auto industry's biggest shifts. A passionate F1 fan and loyal supporter of Scuderia Ferrari, I believe the best engineering is yet to come.
Ferrari Rules
Tech & Auto Enthusiast I am an IT professional who is fascinated by the technology driving us forward—both on the racetrack and the daily commute. I closely track India's transition to Electric Vehicles, analyzing the data behind the auto industry's biggest shifts. A passionate F1 fan and loyal supporter of Scuderia Ferrari, I believe the best engineering is yet to come.