Electric vehicle (EV) sales continued their strong growth in June, with both passenger cars and two-wheelers recording strong growth due to rising fuel prices, expansion of charging infrastructure and a wider range of models, encouraging more consumers to switch to electric mobility.
According to vehicle registration data from the government’s vehicle portal, covering the top 10 manufacturers in each segment, registrations of electric two-wheelers rose 62% year-on-year to 170,426 units in June. Electric passenger vehicle registrations grew even faster, more than doubling to 30,454 units, highlighting the rapid adoption of electric cars in the country.
This momentum was equally evident during the April-June quarter. Registrations by the top 10 electric car makers grew 89% year-on-year to 82,737 units, outpacing the 63.6% growth recorded by the top 10 electric two-wheeler makers, which registered 480,373 units.
Industry experts attribute the strong performance in the passenger EV segment to the expanded portfolio of models, especially SUVs, as well as improved charging infrastructure, persistently high fuel prices and growing consumer confidence in electric mobility. Meanwhile, the electric two-wheeler market continues to expand, although it is gradually entering a more mature phase where replacement demand is beginning to complement first-time purchases.
Shailesh Chandra, managing director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said the continued growth reflects a long-term transformation rather than a temporary bounce.
“Monthly electric car sales are reaching new highs as customers become comfortable with charging infrastructure, battery warranties and wide availability of products. The entry of multiple manufacturers has also strengthened consumer confidence that electric mobility is here to stay,” Chandra said.
Among electric two-wheeler manufacturers, TVS Motor retained the top position with 127,763 vehicle registrations during the quarter, showing a growth of 74% year-on-year. It was followed by Bajaj Auto with 73% growth at 114,670 registrations, while Ather Energy registered 86,465 registrations with an impressive 95% growth.
Hero MotoCorp recorded the fastest growth among the top five manufacturers, with registrations rising 156% to 55,373 units. In contrast, Ola Electric was the only major company to register a decline, with registrations falling 29% to 42,671 units during the quarter.
In the electric passenger vehicle sector, Tata Motors and Mahindra emerged as the biggest beneficiaries of rising demand, with both the companies almost doubling their registrations compared to the same period last year. Tata Motors retained its lead with over 32,000 registrations, while Mahindra crossed the 20,000-unit milestone.
However, JSW MG Motor India registered a relatively modest growth of 22%, registering 16,502 vehicles during the quarter. As competitors expanded rapidly, the company’s market share declined to 20% from 31% a year ago, reflecting increased competition in India’s fast-growing electric vehicle market.
