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Tata, MG, and Mahindra Lead as India Passenger EV Sales Hit 17,451 Units in August 202

Written by: Team Angel OneUpdated on: 5 Sept 2025, 9:43 pm IST
India’s EV market hit a new peak in August 2025 with 17,451 units, led by Tata (7,137), MG (4,808) and Mahindra (3,520); up 8% MoM and 157% YoY.
Tata, MG, and Mahindra Lead as India Passenger EV Sales Hit 17,451 Units in August 202
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India’s electric passenger vehicle segment achieved a historic monthly high in August 2025, with total retail registrations reaching 17,451 units. This marked an 8% month-on-month and a 157% year-on-year growth, driven by strong performances from Tata Motors, MG Motor and Mahindra. The growth was attributed to improved supply chains, a richer model mix, and increased adoption across mainstream and premium segments.

Tata, MG and Mahindra Dominate August 2025 EV Charts

Tata Passenger Electric Mobility maintained its lead with 7,137 units, up 14% from July and 63% over August 2024. This also marked Tata’s strongest-ever EV sales month, supported by new launches like the Harrier EV. MG Motor followed with 4,808 units. Although this was a 9% decline from July, it represented a 235% YoY increase. Mahindra registered 3,520 units, up 19% MoM and a staggering 945% YoY, riding high on new model traction and better product availability.

Broader Market Trends and Performance

Hyundai delivered 588 EVs, an 8% drop MoM but an exceptional 1,334% increase YoY, reflecting rising adoption from a low base. Kia surged with 449 units, marking a 661% MoM and 2,145% YoY jump, while BYD registered 452 units, down 7% MoM but up 99% YoY. BMW led the luxury EV space with 372 units, rising 52% MoM and 424% YoY, indicating robust premium-segment growth.

Read More: India Car Sales in August 2025: A Mixed Bag with EVs on the Rise!

Market Share and Structure in August 2025

Industry estimates place Tata’s market share at approximately 41%, solidifying its position as the segment leader. MG and Mahindra continued to benefit from a diversified product line-up, while premium OEMs such as BMW, Mercedes and Volvo contributed to incremental growth. The month also saw modest but steady volumes from niche players like Porsche and Volvo.

Month-on-Month and Year-on-Year Analysis

From 16,129 units in July to 17,451 units in August, the market saw an 8% sequential lift. YoY, the jump from 6,788 units in August 2024 to 17,451 units in August 2025 reflects accelerating EV penetration and maturing customer demand across price points. Mahindra, Hyundai and Kia led the YoY gains due to low bases and strong new product entries.

Conclusion

India’s EV market continued its upward trajectory in August 2025 with back-to-back monthly highs. Tata, MG and Mahindra led the surge, while newcomers like Kia and Hyundai demonstrated the depth of demand. With the festive season ahead, momentum is likely to persist, aided by policy support and expanding model availability.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Sep 5, 2025, 3:32 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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