India’s EV Market Accelerates in Oct 2025; Tata Leads, Kia Stuns With 1,293% Growth

New Delhi: India’s EV market continued its strong upward trajectory in Oct ’25, posting total deliveries of approx. 17,783 units, translating to an impressive 56-57% YoY surge. The month showcased a dynamic reshuffling of momentum across OEMs, with legacy players consolidating their positions and emerging brands clocking exceptional growth.

Tata Motors retained its dominant position with 7,118 units, securing a commanding 40% MS. However, the OEM recorded a modest 8% YoY rise, indicating a stabilizing phase as competition intensifies. Nevertheless, Tata’s portfolio strength continues to anchor India’s EV adoption.

JSW MG followed with 4,497 units, translating into a robust 61% YoY jump and a solid 25% MS. The carmaker’s consistent performance underscores rising demand for its mid-range EV offerings and enhanced dealer penetration.

The standout performer of the month was Mahindra, registering 3,867 units—a staggering 303% YoY growth, the highest in absolute volume addition across OEMs. Its aggressively expanding EV lineup and rising traction in tier-2 and tier-3 markets have positioned it as a major disruptor.

However, the biggest surprise came from Kia, which posted 655 units, delivering an extraordinary 1,293% YoY expansion, the highest percentage growth in the segment. This spike is attributed to strong reception for its newly launched competitive models and improved supply chains.

Meanwhile, BYD India reported 560 units, marking a marginal 6% YoY decline amid rising competition and pricing pressures.

With multiple launches lined up for the festive and winter season, industry experts expect the EV momentum to strengthen further, potentially pushing Q4 volumes to record highs.

+ posts

Leave a Reply

Your email address will not be published.

Previous Story

India’s Q2 GDP Data Shows Broad-Based Momentum, Manufacturing Leads with 9.1% Growth

Next Story

India Quietly Becomes the Global Hub of Corporate Finance as GCC Boom Redefines Workforce Dynamics

Latest from Business