Electric passenger vehicle retail sales rose 44% year-on-year in February, dealer's body FADA said on Friday.
The overall sales rose to 13,733 units last month as against 9,505 units in the year-ago period. Tata Motors led the space with registrations of 5,568 units, up 38.5% as compared with 4,020 units in February last year.
JSW MG Motor India retailed 3,312 units in February as against 3,490 units in the year-ago period, a dip of 5%. Mahindra & Mahindra sold 2,913 units last month as against 508 units in February 2025. It was followed by VinFast Auto and BYD India with registrations of 384 and 306 units, respectively.In the two-wheeler space, total sales rose to 1,11,709 units, up 46%, as compared with 76,722 units in February 2025. This continued growth aligns with a shifting consumer mindset, buyers are no longer making EV purchases based on cost alone, but are increasingly seeking sturdier, reliable options with better range and advanced features.
TVS Motor Company led the segment with registrations of 31,614 units as compared with 18,955 units, an increase of 67%. Last year, TVS bucked the industry's premiumisation trend by launching the Orbiter at Rs 99,999 to target price-conscious urban commuters buying their first EV.
Ather Energy chipped in with 20,584 units last month. This strong showing reflects Ather’s successful pivot away from budget models. Ather's CEO Tarun Mehta had earlier stated the company would not price vehicles below Rs 1 lakh, choosing instead to focus on its best-selling, spacious Rizta family scooter line, which starts at Rs 1.15 lakh.
It was followed by Hero MotoCorp and Greaves Electric Mobility with sales of 12,514 and 4,724 units, respectively.Ola Electric Mobility sold 3,968 units last month, a dip of 54%, as against 8,675 units in February last year. Ola's cheapest variant contributed to a mere 2.68% of the company's overall revenue in FY24, with the majority of sales coming from its premium S1 Pro.
(With inputs from PTI)
Edited by Megha Reddy
Original Article
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