Khyati Sharma 2026-11-09
India’s electric passenger vehicle market continued its strong growth in October 2026, with total retail registrations reaching 37,049 units. This represents a 76.47% year-on-year increase compared with 20,995 units registered in October 2025. The latest figures show that demand for electric cars is expanding across mass-market and premium segments, with Tata Motors retaining its leading position.
Mahindra secured second place, followed by JSW MG Motor. VinFast continued to build its presence in India, while Kia, Maruti Suzuki, Hyundai, BYD and BMW also recorded electric vehicle registrations during the month. The figures are based on October retail data reported by the Federation of Automobile Dealers Associations (FADA).
|
Manufacturer |
Oct-26 |
Sep-26 |
Oct-25 |
|
Tata Motors |
14,669 |
14,791 |
8,259 |
|
Mahindra |
8,538 |
7,780 |
4,599 |
|
JSW MG Motor |
5,939 |
5,242 |
5,360 |
|
VinFast |
2,571 |
2,964 |
142 |
|
Kia |
1,395 |
1,262 |
753 |
|
Maruti Suzuki |
1,200 |
1,104 |
Nil |
|
Hyundai |
760 |
792 |
534 |
|
BYD |
737 |
836 |
708 |
|
BMW |
462 |
502 |
365 |
|
Total market |
37,049 |
36,108 |
20,995 |
Tata Motors continued to dominate India's electric passenger vehicle market in October 2026, registering 14,669 units. The company recorded 77.61% year-on-year growth compared with 8,259 units in October 2025.
However, Tata's monthly registrations were slightly lower than September's 14,791 units. Despite this marginal decline, the company maintained a considerable lead over its competitors, accounting for around 40% of total electric passenger vehicle registrations.
Tata's electric vehicle portfolio includes models such as the Nexon EV, Punch EV, Tiago EV and Curvv EV. Its broad product range across different price segments continues to support its position in India's electric car market.
Mahindra cars finished October in second position with 8,538 electric vehicle registrations. The company registered 85.65% growth compared with 4,599 units in the same month last year.
Mahindra also improved its month-on-month performance, with registrations rising from 7,780 units in September 2026. Its electric SUV range, including the BE 6 and XEV 9e, has helped the automaker strengthen its presence in the segment.
The company's growing focus on electric SUVs is giving buyers more choices in the premium and mainstream EV categories. Mahindra's performance also highlights the increasing competition between established Indian manufacturers in the electric vehicle market.
JSW MG Motor recorded 5,939 electric passenger vehicle registrations in October 2026, securing third place in the manufacturer's ranking. This was an increase of 10.80% compared with 5,360 units in October 2025.
The company also improved its monthly performance from 5,242 units in September. The MG Windsor EV continues to be an important model in its electric vehicle portfolio, while the company's expanding EV range is helping it maintain a strong position.
Although MG remains behind Tata Motors and Mahindra in overall registrations, it continues to be one of India's major electric car manufacturers.
VinFast cars secured fourth position with 2,571 electric vehicle registrations in October 2026. This was a substantial increase over the 142 units recorded in October 2025.
However, the company's registrations declined from 2,964 units in September 2026. The year-on-year growth is particularly high because VinFast had a relatively small sales base in October last year.
The Vietnamese automaker is gradually expanding its presence in India with electric models such as the VF 6, VF 7 and VF MPV 7. Its October performance places it ahead of several established manufacturers in the monthly EV sales ranking.
Kia cars India registered 1,395 electric vehicles in October 2026, maintaining fifth position in the market. The company recorded growth of 85.26% compared with 753 units in October 2025.
Its registrations also improved from 1,262 units in September. Kia's expanding electric vehicle portfolio, including the Carens Clavis EV and other electric offerings, is helping the brand attract customers looking for alternatives in the EV segment.
The October numbers show that Kia is gradually strengthening its position as competition increases among electric passenger vehicle manufacturers.
Maruti Suzuki cars registered 1,200 electric vehicles in October 2026, improving from 1,104 units in September. The company's electric vehicle presence is currently led by the e-Vitara, its first fully electric SUV for the Indian market.
The October figure marks another month of registrations for Maruti's entry into the electric passenger vehicle segment. With its established dealership and service network, the company has the potential to become a significant player as its EV operations expand.
Maruti Suzuki's performance will be worth watching as more electric vehicle buyers consider the brand's first electric SUV.
Hyundai Motor India registered 760 electric vehicles in October 2026, compared with 534 units in October last year. This represents year-on-year growth of approximately 42%.
However, its monthly registrations declined from 792 units in September. Hyundai's electric portfolio in India includes the Creta Electric and Ioniq 5, offering buyers options in different price categories.
BYD cars India recorded 737 electric vehicle registrations during the same month. Its sales increased from 708 units in October 2025 but declined from 836 units in September 2026.
BYD continues to offer electric models such as the Atto 3, eMax 7, Seal and Sealion 7 in India. Although its October volume was slightly below Hyundai's, the company remains an important participant in the country's electric passenger vehicle market.
BMW cars India registered 462 electric vehicles in October 2026, compared with 365 units in October 2025. This represents an increase of approximately 26.6% year on year.
The company's registrations were lower than September's 502 units. BMW operates in the premium electric vehicle category, where buyers are attracted by luxury features, performance and advanced technology.
Its October performance indicates continued demand for premium electric vehicles, even as the majority of India's EV market remains concentrated among manufacturers offering more affordable models.
The October 2026 figures underline the growing popularity of electric passenger vehicles in India. Total registrations increased to 37,049 units from 20,995 units in October 2025, while monthly registrations also improved compared with September.
Tata Motors continues to lead the market, but Mahindra's strong growth and the expanding presence of MG and VinFast are making the competition more intense. Kia and Maruti Suzuki are also increasing their contribution, while Hyundai, BYD and BMW continue to serve different parts of the market.
Going forward, the availability of new models, charging infrastructure, ownership costs, battery technology and customer confidence will play important roles in determining the next phase of electric vehicle growth in India.
