The Rise of Electric Mobility: India’s Top EV Performers in January 2026

India’s electric vehicle sector began 2026 with strong momentum, reflecting rising consumer confidence, improved production stability, and growing demand beyond metro cities. Passenger EV sales surged past 18,000 units in January, highlighting structural expansion in the market. Tata Motors continued to dominate, while MG and Mahindra fought closely for the second spot.

Key Highlights:

• Total EV Sales (Jan 2026): ~18,000 units, up 51–55% year-on-year.
• Top Performers:
• Tata Motors: ~8,600 units; over 45% market share with diverse offerings.
• MG Motor: ~4,700 units; Windsor SUV driving majority of volumes.
• Mahindra: Aggressive growth in premium SUV-led EV portfolio.
• Premium Segment: VinFast outpaced BMW, signaling disruption in luxury EVs.
• Other Players: Hyundai, Kia, BYD, and Citroën maintained niche positions; luxury brands tested limited volumes.
• Growth Drivers: SUV-led demand, wider availability, and stronger consumer confidence in EV ownership.

Sources: AutoVolte, Autopunditz, E-Vehicle Info