The dominance of electric cars is continuously increasing in the Indian auto market. Recently, the complete report of EV sales in FY26 has come out. According to the data, 1,99,923 units have been sold in the EV market in the financial year 2025-26. This figure shows a spectacular increase of 83.63 percent on an annual basis as compared to the total 1,08,873 units sold in FY 2024-25.
Look at the sales report, Tata Motors was the company that sold the most electric cars in the last financial year. At the same time, JSW MG Motor and Mahindra have also achieved strong sales. At the same time, sales of Stellantis Automobiles India and Volvo Auto India have decreased. Come, let us know about the top-5 companies.
Tata Motors
Tata Motors is at number one in terms of sales. In the last financial year, they achieved a record of total sales of 78,811 units. This figure represents an annual increase of 35.90 percent compared to the total 57,994 units sold in FY25.
JSW MG Motor
MG Motor is at second place in terms of sales. A total of 53,089 units were sold in FY26. This figure shows an annual increase of 73.67 percent compared to the total 30,569 units sold in the financial year 2024-25.
Mahindra & Mahindra
Mahindra is at number three in the list. They have sold a total of 42,721 units in the financial year 2025-26. This figure represents a spectacular increase of 407 percent year-on-year as compared to 8,426 units sold in FY25.
Hyundai Motor India
Hyundai has also achieved good growth. A total of 5,885 units were sold in the last financial year. This figure represents an annual increase of 137 percent compared to the total 2,477 units of Hyundai sold in FY25.
BYD India
Despite modest sales, BYD has registered its name in the list of top-5 EV companies. A total of 5,361 units were sold in the last financial year. This figure represents an annual increase of 54 percent compared to the total 3,481 units sold in FY25.
Apart from the top-5 EV companies of FY 2025-26 mentioned above, last month there were 3,738 units of Kia India, 3,537 units of BMW India, 2,390 units of VinFast Auto India, 1,416 units of Maruti Suzuki, 1,047 units of Mercedes-Benz AG, 576 units of Stellantis Automobiles India, 382 units of Volvo Auto India, 342 units of Tesla India Motors and Other companies together have sold a total of 628 units.