India’s electric vehicle market demonstrated robust momentum in May 2025, with total registrations reaching 179,556 units compared to 168,963 units in April 2025, representing a month-on-month growth of approximately 6.3%. The sector showed significant year-on-year expansion across most categories, with electric cars achieving the highest growth rate of 55% compared to May 2024. While electric two-wheelers and three-wheelers maintained strong upward trajectories, the electric four-wheeler segment experienced a marginal decline on a monthly basis, highlighting the diverse performance patterns across different vehicle categories in India’s evolving EV ecosystem.
Year-on-Year Growth Analysis: May 2024 vs May 2025
The year-on-year comparison reveals substantial growth across all major electric vehicle categories, demonstrating the accelerating adoption of electric mobility in India. Electric cars led the growth trajectory with an exceptional 55% year-on-year increase, reaching 12,193 units in May 2025 compared to the previous year. This remarkable growth reflects improved product offerings, expanding charging infrastructure, and increased consumer awareness about electric vehicles’ benefits.
Month-on-Month Performance Analysis: April vs May 2025
The electric vehicle landscape in India exhibited mixed performance when comparing April and May 2025 sales figures. Electric two-wheelers emerged as the primary growth driver, with registrations increasing from 92,391 units in April to 100,281 units in May 2025, marking an impressive 8.5% month-on-month growth. This category’s penetration rate in the overall two-wheeler market also improved from 5.5% in April to 6.1% in May 2025, indicating strengthening consumer acceptance of electric mobility solutions.
Market Share Analysis of Top Electric Four-Wheeler Manufacturers in India: May 2025
India’s electric four-wheeler market in May 2025 was dominated by three major manufacturers, collectively holding 87.39% of the market. The remaining 12.61% was distributed among smaller players, reflecting intense competition in the evolving EV sector.
Market Share Distribution of Top Electric Two-Wheeler Manufacturers in India: May 2025
India’s electric two-wheeler market in May 2025 showcased dynamic competitive dynamics, with traditional automotive manufacturers gaining ground against newer EV-focused brands. The high-speed electric two-wheeler (HS E2W) segment recorded sales of 100,266 units, representing 55.85% of total electric vehicle registrations for the month. This segment’s growth of 9% month-over-month and 30% year-over-year highlights its critical role in India’s electrification journey.
