India’s electric vehicle (EV) market experienced sluggish sales across key vehicle categories in February 2025. The Federation of Automobile Dealers Associations (FADA) has released its latest retail sales data, highlighting the new EV adoption trends. With increased government incentives, improved charging infrastructure, and a growing consumer shift towards sustainable mobility, passenger electric vehicles made significant inroads in the bygone month. As key manufacturers ramp up production and new players enter the market, the industry witnessed a robust demand across urban and semi-urban areas.
The new report shows consistent month-on-month and year-on-year EV sales for most OEMs in the passenger vehicle segment. While other categories saw declines compared to the previous month due to seasonal trends. The overall trajectory, however, remains positive, with sustained demand for EVs reshaping India’s transportation ecosystem.
Passenger Vehicles Lead EV Sales Surge
The electric passenger vehicle (PV) segment continues to gain traction, with key OEMs like Mahindra & Mahindra, BYD India, Volvo Auto India, and Kia India leading the charge. As consumer interest in battery electric vehicles (BEVs) grows, automakers are expanding their portfolios with new models catering to both premium and mass-market segments. While February’s data excludes Telangana’s figures, the nationwide momentum underscores the growing acceptance of EVs among private car buyers.
Three-Wheelers Maintain Dominance
Electric three-wheelers (E3Ws) remain a cornerstone of India’s sustainable urban mobility efforts. In February 2025, retail sales for E3Ws reached 53,116 units, reflecting an 11.41% month-on-month decline but an encouraging 4.95% year-on-year growth. The top players in this category include Mahindra Last Mile Mobility Ltd (5,874 units), Mahindra & Mahindra Ltd (4,706 units), YC Electric Vehicle (3,356 units), Saera Electric Auto (2,090 units), and Bajaj Auto Ltd (1,380 units). Despite the MoM dip, the sector remains resilient, largely driven by the expanding e-commerce and ride-hailing sectors, where E3Ws serve as an essential mode of last-mile connectivity.
Growth in Commercial EV Sales
In the commercial EV sector, several emerging brands like Pinnacle Mobility Solutions and Aeroeagle Automobiles recorded a remarkable 200% growth, signalling heightened industry interest in electric commercial fleets. The increasing adoption of electric buses and delivery vehicles is a strong indicator of shifting priorities within corporate and public sector fleets, aligning with India’s long-term net-zero commitments. This segment’s growth trajectory underscores a growing push towards electrification in logistics, municipal transportation, and industrial fleet operations.
Electric Two-Wheelers Lead the Charge
With affordability and convenience driving demand, electric two-wheelers (E2Ws) remain the most widely adopted form of EVs in India. February 2025 saw a total of 76,086 E2W units sold, with TVS Motor Company (18,762 units), Ather Energy (11,807 units), Ola Electric (8,647 units), Greaves Electric Mobility (3,700 units), and Hero MotoCorp (2,678 units) leading the segment. The competition among top brands remains intense as they continue to roll out improved battery technology, extended range, and competitive pricing to attract mainstream consumers.
A Transformative Phase for India’s EV Market
Despite some category-specific fluctuations, the overall outlook for India’s EV industry remains highly promising. Strong government policies, coupled with increasing investments from automakers and startups, are fostering an ecosystem where electric mobility is becoming mainstream. With the continued rollout of infrastructure and financial incentives, the sector is poised for even greater growth in the coming months. The February 2025 data reinforces the fact that India’s transition to sustainable transportation is well underway, setting the stage for a cleaner and greener future.
