In April 2025, the Indian electric vehicle market has grown by 75 percent compared to 2024, with sales reaching over 18,000 units. Indian brands like Tata, MG, and Mahindra are playing a major role in this growth. At the same time, premium companies like BMW and Mercedes have also participated in its growth.
The growth of this market has been driven by various factors, and it is expected to see further growth in the future.
Top 5 EV Makers – April 2025 Sales Snapshot
| Company | April 2025 Sales | Y-o-Y Growth | Key Models |
|---|---|---|---|
| Tata Motors | 4,461 units | -14% | Nexon EV, Punch EV, Tigor EV |
| MG Motors | 3,488 units | +175% | Comet EV, GS EV |
| Mahindra | 3,002 units | +348% | XUV700 EV, XUV400, BE 6 |
| Hyundai | 686 units | +654% | Ioniq 5, Creta EV |
| BYD | 350 units | +123% | Atto 3, E6 |
Tata Motors: Challenging to maintain market leadership!
In April 2025, sales of Tata Punch EV and Tucson EV have declined by 20 percent. This decline is due to the CBS-6 Phase 2 standards. As a result, Tata has laid out a key strategy to further enhance its future market response. This strategy includes a plan to launch the refreshed Tata Curve EV in September 2025. Moreover, experts like Autocar India expect Tata’s 5-star safety ratings to boost sales again.
MG Motors: Jumps into the top 3 with 175% growth!
MG Motors has jumped into the top 3 in the Indian electric vehicle market with 175% growth. The main reason for this is the Comet EV’s starting price of ₹18 lakh, which is making it more attractive to customers. The Comet EV features 50kW fast charging technology, which means it takes just 35 minutes to charge from 10% to 80%.
Moreover, Rahul, an IT entrepreneur, cites the vehicle as an example of a BMW, which he says can travel up to 400 km between Chennai and Bengaluru on a single charge.
Mahindra: A disruptor with 348% growth
Mahindra has made a huge difference in the Indian electric vehicle market with a growth of 348%. Its flagship model, the XUV700 EV, is available at a starting price of ₹35 lakh and has a range of up to 500 km. While it has captured the attention of customers, its technology and performance are also being appreciated.
According to expert opinions, Mahindra’s INGLO platform has left its competitors behind. A review by a leading vehicle management company, OVERDRIVE, confirms that Mahindra is at the forefront of this platform competition.
Hyundai & PvE: Impact of Premium Brands
Premium brands like Hyundai and PvE are playing a leading role in the electric vehicle market in India. The Hyundai Ioniq 5 is available at a price of ₹45 lakh and is increasing its sales with its electronics tech.
The vehicle offers innovative technology and features, which has seen its market share increase. Also, the PvE At-Do 3 car has a 60kWh battery and a range of 420 km and comes with a convertible sunroof for the first time in India. It is a vehicle with very new, challenging and sophisticated features that has made it a sales leader.
Premium Brands: BMW-Mercedes Competition!
| Brand | April 2025 Sales | Key Model | Starting Price |
|---|---|---|---|
| BMW | 120 units | iX1 | ₹65 Lakhs |
| Mercedes | 85 units | EQS SUV | ₹1.5 Crores |
| Audi | 68 units | Q8 e-tron | ₹1.2 Crores |
3 Key Trends for the EV Market in 2025
• High demand for EVs in the ₹10-20 lakh budget: Low-cost electric vehicles are gaining popularity in India. Vehicles priced between ₹10 lakh and ₹20 lakh, such as the Tata Punch EV and MG Comet, are enjoying high sales. People are opting for reliable and low-maintenance electric vehicles on a budget.
• EV boom in SUVs: The growth of electric models of SUVs such as the Mahindra XUV700 EV and the Hyundai Ioniq 5 has increased. These are sold with higher range, safety and comfort, thus continuing the growth of EVs in the SUV segment.
• Expansion of fast-charging infrastructure: By 2025, 18,000+ charging stations will be set up in India under the FAME-II scheme, increasing the charging capacity for EVs. This will further facilitate the use of electric vehicles for commuters.
These three key trends are driving the growth of the electric vehicle market in India.
Conclusion
As per the Q1 2025 data, instead of asking whether your next car will be electric, you can now choose electric vehicles according to your budget and needs. For a budget of ₹10-30 lakh, the Tata Punch EV and MG Comet EV are the best options. In the luxury segment, premium models from popular brands like the BMW iX1 and Mercedes EQS are available.
In the off-road segment, the Mahindra XUV700 EV is seen as the best choice. Also, while buying a car, it is recommended to inquire about the extended battery warranty (8 years) through the dealer to ensure long-term protection with low maintenance costs.
