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Battery power: India’s EV segment surges to nearly 2 million registrations in FY25

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India's EV Sales Near 2 Million Milestone

India’s electric vehicle (EV) sector continues to witness a strong upward trajectory, with total EV registrations nearing the two-million mark in the financial year. The growth, spanning across electric two-wheelers, three-wheelers, and passenger vehicles, comes despite initial setbacks following the expiration of government subsidies. This surge signals a robust shift towards sustainable mobility in the country.

As of March 31, total EV registrations stood at 1.95 million units, reflecting a 16% increase compared to the previous year, which saw 1.68 million registrations. Just two years ago, in the financial year before last, only 1.18 million EVs were registered, showcasing the rapid adoption of electric mobility.

The electric two-wheeler (e2W) market played a significant role in this expansion, accounting for 58% of all EV registrations in the financial year. Initially, the segment saw a dip in sales due to the withdrawal of government subsidies under the FAME scheme. However, it rebounded quickly, driven by growing consumer confidence, an influx of new high-performance models, and aggressive expansion strategies by leading manufacturers.

Total e2W registrations for the year reached 1.14 million units, up from 0.95 million in the previous year. Analysts attribute this resurgence to the affordability and sustainability of electric two-wheelers, along with increased awareness among consumers. More brands have also entered the market, further fueling demand.

Ola Electric maintained its position as the top seller in the e2W segment despite experiencing some pressure on sales towards the latter half of the year. The company recorded 3.43 lakh unit registrations, slightly ahead of the 3.3 lakh units sold the year before. TVS Motors secured second place with 2.34 lakh units, a significant increase from 1.83 lakh units. Bajaj Auto climbed to the third spot, selling 2.26 lakh units, up from 1.07 lakh units previously. Ather Energy followed closely, with registrations rising to 1.3 lakh units from 1.09 lakh units. Hero MotoCorp saw an uptick as well, selling over 47,200 e2Ws compared to just 17,720 the previous year.

Meanwhile, Greaves, which includes the Ampere brand, witnessed a decline, selling approximately 40,500 units, down from 55,048 units. Wardwizard Innovations & Mobility, another listed EV manufacturer, registered sales of about 9,400 units, slightly up from 9,120 units. Overall, the e2W segment was served by over 500 players, highlighting the increasing competition in the market.

The electric three-wheeler (e3W) segment also showed steady growth, with a 10% rise in registrations. A total of 6.97 lakh e3Ws were registered during the year, compared to 6.33 lakh units in the previous year. This growth was primarily driven by new product launches and network expansion by key manufacturers.

Among e3W manufacturers, Mahindra Last Mobility retained its leadership position, selling over 68,650 units, up from 60,618 units. Bajaj Auto saw an exceptional surge in sales, recording more than 50,500 units—nearly five times its previous figure of 10,890 units. YC Electric registered over 44,500 units, while Piaggio recorded 18,400 registrations, although slightly lower than its previous 24,917 units. Omega Seiki and TI Clean Mobility both crossed the 6,000-unit mark, increasing their market presence.

Electric passenger vehicles (ePVs), which include electric cars and SUVs, also experienced healthy growth. The total number of registrations reached 1.06 lakh units, up from 0.91 lakh units in the previous year. This increase was fueled by the entry of new players into the market and expansion efforts by existing manufacturers.

Tata Motors continued to dominate the ePV segment with 56,600 registrations, maintaining its market stronghold. JSW MG Motor made an impressive leap, nearly tripling its sales to around 30,000 units from just 11,680 the previous year. Mahindra & Mahindra followed with approximately 6,500 units, slightly up from 6,115 units.

Market analysts predict that electric cars will continue to gain traction, with manufacturers focusing on affordability, range improvements, and better charging infrastructure. However, compared to two-wheelers, the adoption of electric cars remains relatively gradual. At present, fleet operators and shared mobility services are the primary drivers of ePV growth.

The overall EV market saw notable fluctuations in monthly sales. In March alone, total EV registrations stood at 1.87 lakh units, a slight dip from the 2.13 lakh units recorded in the same month of the previous year, which had been driven by pre-buying before the subsidy revisions. In February, total registrations reached 1.4 lakh units.

Despite periodic ups and downs, India’s EV sector is well on its way to sustained growth. With increasing awareness, expanding charging infrastructure, and continuous innovation by manufacturers, the transition to electric mobility is expected to gain further momentum in the coming years.

Article By
Sourabh Gupta

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New EV Launches: Exciting Electric Models Coming to India

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New EV Launches in India: Maruti e Vitara, Tata Harrier EV, and More

A New Chapter in India’s EV Journey

India’s electric vehicle market is about to get even more exciting. Over the next couple of years, we’ll see some big names like Maruti, Tata, and Hyundai launching new electric models. This includes the Maruti e-Vitara, Tata Harrier EV, Tata Sierra EV, and Hyundai’s affordable electric SUVs. With more options coming, it’s clear that the electric vehicle market in India is growing fast.

More competition means better deals for consumers, which is a win for everyone. It also means EVs will become more mainstream and accessible to people who might have been hesitant to make the switch before.

Maruti e-Vitara: Maruti’s First Big EV

Maruti Suzuki has been a household name in India for years. Known for their practical, affordable cars, Maruti is now making its move into the electric market with the e-Vitara. This will be their first major electric SUV, and from what we can tell, it’s going to be a solid option for city dwellers looking for a reliable EV that’s also budget-friendly.

The e-Vitara is expected to offer Maruti’s signature practicality while introducing electric features like a decent driving range and efficient charging. If you’re someone who’s looking for a no-nonsense, everyday electric car that won’t break the bank, this could be the one.

Tata Harrier EV: A Big Electric SUV with Plenty of Power

Tata Motors isn’t slowing down when it comes to EVs. After the success of the Nexon EV, they’re taking it up a notch with the Harrier EV. The Harrier EV promises to bring the same rugged SUV appeal but with the added benefits of electric power. Think of it as the perfect blend of performance, space, and eco-friendliness.

This SUV will likely have more room and a stronger battery compared to the Nexon EV, making it perfect for those who need a larger vehicle but want to stay green. It’ll likely be a bit pricier, but for the added space and luxury, it could be well worth it.

Tata Sierra EV: A Throwback with a Modern Twist

If you’re a fan of the iconic Tata Sierra, then the Sierra EV is going to get you excited. This is Tata’s way of bringing back a classic, but this time, it’s electric. The Sierra EV will likely blend the rugged, adventurous look of the old Sierra with new-age electric technology. It’s designed to offer off-road capabilities but also be practical enough for city driving.

For people who love adventure and want to stay eco-friendly, the Sierra EV could be a perfect choice. It’s going to be a great option for people looking for a mix of nostalgia and modern tech.

Hyundai’s Affordable Electric SUVs: Making EVs Accessible for Everyone

Hyundai is also bringing its A-game with affordable electric SUVs, which means more options for people who want to make the switch to electric but don’t want to spend a fortune. These upcoming models will offer great value for money without skimping on features.

Hyundai’s known for making reliable cars, and their affordable electric SUVs are expected to have everything we need, like good battery life, quick charging, and a comfortable ride. They’re going to help make EVs more accessible for the average buyer, which is great news for anyone looking to go electric without breaking the bank.

What Does This Mean for Indian Consumers?

For us, it’s simple: more choices and better deals. Whether you’re looking for a budget-friendly car like the Maruti e-Vitara, a premium SUV like the Tata Harrier EV, or an adventurous ride like the Tata Sierra EV, there’s an electric vehicle for everyone.

With all these options, it’s easier to find something that fits your needs and budget. Plus, the growing competition means companies will have to keep improving their cars, which is great for buyers like you and me.

The Road Ahead: A Greener Future for India

The EV market in India is just getting started, and with more companies like Tata, Maruti, and Hyundai joining the race, it’s going to get better. As these new cars hit the roads, more people will make the switch to electric, helping India reduce pollution and oil dependence.

With the government’s push for clean energy and all these exciting new vehicles, the future of driving in India is looking brighter and greener. If you’ve been thinking about switching to an EV, now might just be the perfect time to make that move.

 

Article By
Sourabh Gupta

 

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MG’s Cyberster: India’s Upcoming Premium Electric SUV Set to Launch in July 2025

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MG Cyberster: India’s Premium Electric SUV Coming July 2025

A Bold Step Into India’s Luxury EV Market

So, MG is about to bring out something pretty cool — the Cyberster, a premium electric SUV, expected to launch around July 2025. It’s their way of stepping up in India’s electric vehicle game and offering something that’s not just green, but also stylish and packed with tech.

EVs are getting popular here, and MG wants to be part of that wave, especially for folks who want a good-looking, comfy ride that’s loaded with modern features.

Striking Design Meets Cutting-Edge Technology

We don’t have all the info yet, but the Cyberster looks sharp. Think sleek and sporty, something that’ll catch eyes on the road.

Inside, expect lots of screens, smart features, and safety tech — basically, everything you’d want to make your drive smooth and fun. Whether it’s a quick city run or a weekend escape, this car’s aiming to make every trip enjoyable.

Performance That Packs a Punch

If you’re paying for a premium electric SUV, you want it to perform, right? While details are still under wraps, MG usually doesn’t disappoint. Expect a good driving range and enough power to make driving fun.

And with fast charging, you won’t be stuck waiting around forever — a big plus for busy folks.

What the Cyberster Means for Indian Consumers

This car means more choice for buyers who want a premium EV. The market is heating up, and it’s great because it gives you options that fit your style and budget.

MG is known for giving good value, so this might be a premium ride without the crazy premium price tag.

Growing Competition: A Win for Buyers

More companies entering the EV space means the competition’s getting fierce — Tata, Mahindra, Hyundai, and now MG all want your attention.

That means better cars, better prices, and more charging stations popping up, making EVs easier to own.

MG’s Vision for India’s EV Future

The Cyberster is just the start for MG. They’re clearly aiming to be a big player in India’s EV scene by giving buyers stylish, tech-packed cars.

As India moves toward greener transport, cars like this will help make electric vehicles the new normal.

 

Article By
Sourabh Gupta

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India’s EV Market Heats: More Players, More Competition

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India EV market competition

The Electric Vehicle Battle Is Just Getting Started

You know how things are changing fast with electric vehicles here in India? Well, it’s no longer just a couple of companies in the game. Tata and Mahindra have been leading for a while, but now Maruti, Toyota, and Hyundai are jumping in too. It’s turning into a proper race, and that’s great news for anyone thinking about buying an EV.

More players mean more choices, and when companies compete, it usually means better deals and cooler cars for us.

New Entrants Bring Fresh Energy

Maruti Suzuki is like the go-to brand for most Indian families because their cars are affordable and reliable. Now, if they start selling EVs, it’s going to make electric vehicles a lot more reachable for everyday folks.

Then you have Toyota and Hyundai, which have been working on electric cars globally for years. They’re bringing that know-how to India, which means better technology and cars designed to handle our roads and conditions.

This fresh blood is going to push everyone to do better, which is a win for all of us.

What This Means for Consumers

For buyers, this is the best time to consider an EV. You’ll get a wider choice of vehicles — from simple and affordable models to fancy ones packed with features.

Also, with so many companies competing, expect better batteries that last longer, faster charging times, and prices that won’t scare you away.

Charging stations will become more common, making it easier to own and use an EV without stress.

Challenges for Established Players

Tata and Mahindra have done well so far, but now the heat’s on. They’ll need to keep improving their cars and customer service to stay ahead.

More competition means prices might get friendlier, and cars will keep getting better, which is good news for everyone.

The Road Ahead: A Win for India’s Green Future

All this competition will speed up EV adoption, which means cleaner air and less pollution.

With more companies investing in EVs, we’ll see more charging points, better batteries, and more jobs related to green technology.

The future looks electric, and it’s shaping up to be an exciting ride.

 

Article By
Sourabh Gupta

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