India's EV Market Gains Momentum in October 2026 as Tata Motors Maintains Its Lead
India's electric passenger vehicle market continued its strong growth momentum in October 2026, with monthly retail sales crossing the 30,000-unit mark for the fifth consecutive month. According to Vahan data, a total of 36,911 electric cars were sold in October 2026, registering an impressive 76% year-on-year (YoY) growth compared to 20,954 units sold in October 2025.
Although October sales declined by 4% compared to September's record 38,335 units, the overall demand for electric vehicles remains strong. Tata Motors continued to dominate the market, followed by Mahindra and JSW MG Motor.
India EV Sales January-October 2026
The electric car market has recorded significant growth during the first ten months of 2026.
Total EV sales (January-October 2026): 2,93,877 units.
Sales during January-October 2025: 1,90,915 units.
Year-on-year growth: 54%.
October 2026 sales: 36,911 units.
October 2025 sales: 20,954 units.
Year-on-year growth in October: 76%.
Quarterly performance also highlights the increasing popularity of electric cars. Q1 2026 recorded 63,318 units, up 66% year-on-year. Q2 sales increased to 88,036 units, registering 97% growth, while Q3 achieved 1,05,612 units, up 86% compared to the same period last year.
With November and December sales remaining, India's electric car market could reach approximately 3.75 lakh units in calendar year 2026.
October 2026 Brand-Wise Electric Car Sales
Here is how major manufacturers performed during October:
Tata Motors: 14,654 units, up 78% YoY. The company retained the top position with approximately 40% market share. The Nexon EV remained its biggest-selling model, while the updated Tiago EV and Punch EV also contributed to demand.
Mahindra: 8,541 units, up 86% YoY. It recorded its highest-ever monthly electric SUV sales, surpassing its previous record of 8,200 units in September. Its EV portfolio includes the BE 6, XEV 9e, XEV 9S and XUV 3XO EV.
JSW MG Motor: 5,938 units, up 11% YoY. The company secured third position with a 16% market share. The Windsor EV continued to be its bestselling electric model.
VinFast: 2,570 units, up 1,710% YoY. Its sales growth was supported by a low base in October 2025. Its Indian portfolio includes the VF6, VF7 and VF MPV 7.
Kia: 1,395 units, up 85% YoY. The Syros EV and Carens Clavis EV supported the company's electric vehicle sales.
Maruti Suzuki: 1,199 units. The e-Vitara accounted for approximately 3% of the electric car market in October.
Hyundai: 759 units, up 42% YoY, moving ahead of BYD in the monthly rankings.
BYD: 737 units, up 4% YoY, with the Atto 3, eMax 7, Seal and Sealion 7 forming its Indian EV portfolio.
Other manufacturers included BMW with 462 units, Tesla with 291 units, Toyota with 190 units and Mercedes-Benz with 62 units.
Luxury EV Sales Also Witness Growth
Luxury electric vehicle (EV) sales in October 2026 registered 53% growth year over year to 868 vehicles from 566 in October 2025.
BMW continues its reign as the luxury electric market segment leader with 462 units, followed by Tesla at 291 units. Mercedes-Benz, Volvo and Porsche registered 62, 37 and 15 sales, respectively.
Between January and October of 2026, sales of luxury EVs reached 7,053 units, surpassing the full-year sales in 2025, which were 5,725 units.
Conclusion
The figures from October 2026 indicate a progressive shift towards electric cars in India. Tata Motors holds the first position. Mahindra continues its run of recording the highest monthly sales with the increasing electric vehicle competition. With more and more players bringing electric vehicle options to the market and diversifying their product lines, the growth in the Indian EV market will continue for the rest of 2026.
