India’s electric passenger vehicle market recorded strong growth in October 2026, with retail sales increasing 76.47% year-on-year to 37,049 units, compared with 20,995 units in October 2025. The figures, released by the Federation of Automobile Dealers Associations (FADA), indicate growing adoption of electric cars across the country.
Electric passenger vehicles accounted for 7.3% of total passenger vehicle retail sales during the month, more than double their 3.5% share recorded in October last year. However, the penetration rate was lower than the 8.5% recorded in September 2026.
Tata Motors Retains Its Lead In Electric Car Sales
Tata Motors continued to dominate India’s electric passenger vehicle market, recording 14,669 retail sales in October 2026. This represented a 77.61% increase compared with the 8,259 units sold in the same month last year. Tata’s sales, however, declined marginally by 0.82% compared with September.
Mahindra secured the second position with 8,538 units, registering 85.65% year-on-year growth. Its monthly sales also increased by 9.74%, making it one of the strongest performers among the leading manufacturers.
MG ranked third with 5,939 units, recording 10.8% annual growth and 13.3% month-on-month growth. Together, Tata, Mahindra and MG accounted for 29,146 electric passenger vehicles, representing nearly 79% of the segment’s total retail sales.
VinFast Records Strong Growth Among New Entrants
VinFast secured fourth position with 2,571 units in October. Its sales increased significantly from 142 units in October 2025, translating into year-on-year growth of more than 1,700%. However, its monthly sales declined 13.26% compared with September.
Kia occupied fifth position with 1,395 units, up 85.26% year-on-year. Maruti Suzuki recorded 1,200 electric vehicle sales, while Hyundai registered 760 units.
BYD sold 737 units during the month, recording 4.1% annual growth. BMW reported 462 units, while Tesla registered 291 units, compared with 40 units in October 2025.
Toyota recorded 190 units, while Mercedes-Benz sold 62 electric vehicles. Citroen and Volvo registered 60 and 37 units, respectively.
EV Market Share Rises Despite Monthly Dip
Although electric car sales increased compared with October 2025, their share of passenger vehicle retail sales declined from September’s 8.5% to 7.3% in October.
The difference reflects the performance of the wider passenger vehicle market during the month. Electric vehicle sales increased by 2.61% month-on-month, but total passenger vehicle sales also experienced changing demand patterns.
The annual comparison nevertheless highlights the expanding role of electric cars in India’s automotive market. With established manufacturers increasing volumes and newer companies gaining ground, competition in the segment is becoming more intense.
Summary
India recorded 37,049 electric passenger vehicle retail sales in October 2026, representing 76.47% annual growth. Tata Motors retained its leadership, followed by Mahindra and MG. VinFast emerged as a fast-growing entrant, while Kia and Maruti Suzuki also recorded notable volumes. EV penetration reached 7.3%, compared with 3.5% in October 2025.
