Tata Motors rules the EV market! Beating MG and Mahindra and remained number-1 throughout the year

Tata Motors rules the EV market! Beating MG and Mahindra and remained number-1 throughout the year

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.

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Hyundai first worked on the locally designed EV for India, part of the roadmap for 2030

Hyundai first worked on the locally designed EV for India, part of the roadmap for 2030

The first locally designed EVs for India is a part of Hyundai's global product Roadmap, while the brand also planned to expand its production capacity at the Pune plant.

Hyundai's first locally designed EV for India will be developed to meet the need for local drivers, while also benefit from a local supply chain (representative image).

The Hyundai Motor Company recently held its first CEO Investor Day, unveiling its ambitious development strategy as part of the roadmap under Vision 2030. The automaker announced several schemes, including several upcoming models in various markets including India. Hyundai's first locally designed electric vehicle for the Indian market is part of the product roadmap by 2030, while also expands its production capacity in the country.

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The first locally designed Hyundai EV is coming soon

Hyundai first announced a plan to go fast in the Indian market, and the upcoming EVs will be part of the same strategy. The South Korean car manufacturer stated that the upcoming EV “will be designed for especially local drivers, while the market will also benefit from a local supply chain.”

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Hyundai CEO Investor Day 2025
Hyundai's product Roadmap for 2030 includes 18+ hybrid models globally, as well as many new launch in the markets.

While the Hyundai buyer Electric is the first mass-market EV of the brand for Electric India, the upcoming offering may be a more mass-market model at the more accessible price point. Hyundai does not have an entry-level offer to take Tata Panch EV, MG Comat, and in this way, and it can be the place that can be seen to enter the brand, which can provide a good mixture of volume and accessibility.

Hyundai also talked about expanding production capacity in his Pune facility by 2.5 lakh units by 2030 on CEO Investor Day. The move aims to strengthen India as an export center for the automaker. Extension is a part of Hyundai's large plan to add 1.2 million additional production units globally in many plants over the next five years.

Hyundai aims to achieve sales of 5.55 million global vehicles by 2030, out of which 3.3 million vehicles are expected to be electrified vehicles including 18 hybrid models. To improve the demand to improve the demand to improve the demand to improve demands in new product segments such as mid-size pick-up and light commercial vehicles. In addition to the new EV for India, the brand has a new electric sedan for the European market for the European market, Alexio for China and a new electric sedan in works. An extended range EV lineup of the model is also on the card globally since 2027, which promises to offer a driving range over 966 km, reducing the transition between internal combustion and complete electrification.

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In addition, Hyundai will work on the next generation of software-defined vehicles with a new platform in work. The car is also working on the manufacturer's luxury arm, genesis, extended range EV, hybrid and all-electric powertrain options. There is a new major SUV in the functions of the Genesis brand, which will come out globally in the coming years. The automaker stated that the luxury brand is targeting annual sales of 350,000 units by the end of this decade. In particular, Hyundai India recently showed the intention of bringing the Genesis brand to India, which may help in scale volume in the coming years.

Look at the upcoming cars in India, the best SUV in India.

First published date: 20 September 2025, 12:34 pm IST

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