Surging sales of high-speed e-two-wheelers and electric cars drove a 29% YoY rise in EV registrations in June 2025.
India’s electric vehicle (EV) market reported a strong 29.4% year-on-year (YoY) growth in June 2025, marking a significant rebound from the same period last year. According to recent data from JMK Research & Analytics, total EV registrations rose to 180,035 units, up from 139,190 in June 2024, a difference of 40,845 units.
This performance not only reversed the trend from June 2024, which was the lowest-selling month in the past 13 months, but also placed June 2025 among the top five performing months during the period.
On a month-on-month (MoM) basis, the market remained stable, with a modest increase over May 2025’s 179,522 units.
Among the different segments, high-speed electric two-wheelers (HS E2Ws) continued to dominate the market, with sales growing ~5% MoM to 105,282 units, making it the largest EV segment by volume.
The top three manufacturers captured 65% of this segment, where TVS Motor Company led with a 24% market share.
In the electric car (E-Car) segment, 13,033 units were sold, reflecting a 7% MoM increase and a robust ~90% YoY growth. Tata Motors maintained a strong lead with a 36% share, followed by MG Motor with 30%, showing growing consumer confidence in electric four-wheelers.
However, the passenger electric three-wheeler (E3W) segment faced a 7% monthly decline, recording 51,698 units, though it achieved ~13% YoY growth. Mahindra Last Mile Mobility topped the segment with 13%, narrowly edging out Bajaj Auto (12%).
Cargo E3Ws saw a sharper 15% MoM drop, meanwhile, settling at 8861 units, though the YoY growth stood at ~35%. Mahindra again led with 6% market share, followed by Dilli Electric Vehicle (5%).
The E-bus segment, despite lower volumes, posted the highest percentage growth, rising ~57% MoM to 529 units, and an impressive 292% YoY jump. Switch Mobility and JBM Auto led the segment with market shares of 24% and 23%, respectively.
June 2025’s overall performance suggests a gradual recovery in India’s EV market after a period of uneven trends. Although, the MoM variations continue to reflect underlying market uncertainties.
As the sector develops, shifts between segments are likely to continue. High-speed two-wheelers and electric cars currently account for a large share of sales and may remain central to market growth, depending on future policy, pricing, and infrastructure developments.
