This article dives into the September 2024 sales performance of the top 10 electric four-wheeler companies in India, offering insights into the evolving dynamics of India’s growing EV market.
The Indian electric four-wheeler market witnessed significant shifts in September 2024, with the top players experiencing varying degrees of growth and decline.
Tata Motors, the market leader, saw a dip in its market share to 61%, selling 3,530 electric vehicles across its diverse portfolio. Meanwhile, MG Motor India maintained its position as the second-largest EV player, despite a notable 32% drop in sales from August.
Mahindra & Mahindra, riding on the success of its XUV 400, climbed to third place, while BYD India slipped to fifth, overtaken by PCA Motors, which achieved its best-ever sales month.
EV OEM
August 2024
September 2024
MoM Growth (%)
Tata Motors
4,274
3,530
-17.4
MG Motor India
1,411
1,036
-26.6
Mahindra & Mahindra
553
445
-19.5
BYD India
221
154
-30.3
PCA India (Citroën)
162
386
+138.3
BMW India
66
104
+57.6
Mercedes-Benz
51
75
+47.1
Hyundai Motor India
206
152
-26.2
Volvo Auto India
43
39
-9.3
Kia India
42
34
-19.0
Audi
14
19
+35.7
Data Source: Vahan Dashboard
Read More: Electric 2-Wheeler Sales Data- September 2024 | Top 10 E2W Companies
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