India’s electric vehicle (EV) sector witnessed remarkable growth in January 2025, with significant sales figures across commercial, passenger, and personal mobility segments. The latest data by the Federation of Automobile Dealers Associations (FADA) highlights the increasing adoption of EVs, led by a heightened demand for electric cars. The numbers reinforce the nation’s shift towards sustainable transportation.
Commercial Electric Vehicles (CVs):
The commercial EV segment saw an impressive 39.26% month-over-month (MoM) growth. Led by industry giants like Tata Motors, Switch Mobility, and Mahindra, the growth now brings the EV ratio in the commercial vehicle sector to 1.04%. PMI Electro Mobility recorded an exceptional 126.67% increase, while Euler Motors showed a staggering 166.67% rise in sales. This uptick reflects the expanding demand for green logistics and urban transportation solutions.
Electric Two-Wheelers (2Ws):
Ola Electric maintained its market leadership, selling 24,336 units, though it experienced a 24.94% year-over-year (YoY) decline. Conversely, TVS Motor and Bajaj Auto posted robust growth rates of 55.03% and 95.67% YoY, respectively. River Mobility emerged as the standout performer, boasting an extraordinary 1293.02% YoY growth, indicating strong consumer interest in e-mobility solutions.
Electric Passenger Vehicles (PVs):
Premium automakers such as Mercedes-Benz and Kia India reported solid EV sales, reflecting increasing consumer interest in electric cars. With more players entering the market, industry experts anticipate a surge in adoption in the coming months.
Electric Three-Wheelers (3Ws):
Mahindra Last Mile Mobility dominated the three-wheeler segment with 6,126 units sold, marking a 43.43% YoY rise. Bajaj Auto saw a phenomenal 239.33% increase, emphasizing the growing reliance on EVs for last-mile connectivity.
As India accelerates towards its clean mobility goals, January 2025’s EV sales figures underscore a promising trajectory for the industry.
FADA President, C S Vigneshwar commented on the EV Performance report for January 2025, saying “Electric Vehicle retails continued their strong trajectory in January’25, reflecting growing consumer acceptance and robust OEM commitment to clean mobility. The recent Bharat Mobility Global Expo strongly reflected this shift, with the spotlight firmly on green-energy vehicles and an industry determined to accelerate the shift toward green energy. With over 30–35 new EV launches expected this year, we anticipate a notable rise in market share across all segments—from two and three-wheelers to passenger and commercial vehicles. The future for electric mobility looks exceedingly bright and we believe it will play a pivotal role in shaping India’s automotive landscape in the months to come.”