Tata Motors to Mahindra: Top three automakers in PV segment with highest EV sales in October 2024

EV sales in PV segment: electric vehicle segment witnessed new launches and recorded positive momentum in October 2024. According to data from Federation of Automotive Dealers of Association (FA), passenger vehicle segment recorded total sales of 10,609 units of electric vehicles, which grew 39.12 percent year over year and 80.61 per cent on a month-on-month basis. Tata Motors was first on EV sales list, followed by or auto manufacturers. In luxury segment, BMW Group India was on first position on EV sales chart, followed by Mercedes-Benz, and more. 

Let us look at top three auto manufacturers with highest sales of passenger vehicles in electric vehicle segment:

Tata Motors Passenger Vehicle

Tata Motors was in first position on EV sales chart in October 2024 and recorded sales of 6,152 units. Tata Motors registered a growth of 9.90 per cent on a year-on-year basis and a growth of 69.90 per cent on a month-on-month basis. Tata Motors sells Tiago EV as its entry-level EV hatchback, followed by Punch EV, Nexon EV, Tigor EV, and Curvv EV.

MG Motor India

MG Motor India secured second position on EV sales chart and recorded total sales of 2,530 units in October 2024. MG registered a massive growth of 168.01 per cent on a year-on-year basis and a growth of 158.96 per cent on a month-on-month basis. MG Windsor EV was recently launched in India with battery subscription model, B-a-a-S. MG currently offers Comet EV, Windsor EV, and ZS EV in market.

Mahindra and Mahindra

Mahindra and Mahindra were in third position on sales chart and recorded total sales of 907 units in October 2024. Mahindra registered a growth of 227.44 per cent on a year-on-year basis and a growth of 99.78 per cent on a month-on-month basis. Mahindra currently offers only XUV 400 EV in market.