Electric Car Vahan retail registrations

Electric Car Sales August 2024: Tata Motors (EV) Leads With 65.1% Share

Every electric car registered in India in August 2024, brand by brand: volumes, market share inside the segment, month-on-month and year-on-year change, and who gained or lost share.

6,419
Electric Car registrations
August 2024
—
Year on year
vs Aug 2023
−18.8%
Month on month
vs Jul
Tata Motors (EV)
Segment leader
65.1% share
2.1%
EV share of cars
August 2024

How August went

India registered 6,419 electric cars in August 2024, −18.8% on July.

Electric cars were 2.1% of every car registered in August 2024.

Monthly electric car registrations, 2024–2026

One line per calendar year. A month still filling is left off the line.

Electric Car market share, August 2024

Tata Motors (EV) led the month with 4,176 registrations — 65.1% of the electric car market — ahead of MG Motor on 1,395 (21.7%), a gap of 2,781 units. Tata Motors (EV) also led July.

The top three hold 91.8% of the segment; 15 manufacturers registered at least one electric car.

Top 10 electric car makers, August 2024

Electric car registrations only — every other vehicle type these companies make is excluded.

Electric Car leaderboard — August 2024

Share is of every electric car registered in the month. MoM and YoY compare each maker's own volume; the last column is its change in share of the segment.

# Manufacturer Aug 2024 Share MoM YoY Share vs Aug 2023
1 Tata Motors (EV) 4,176 65.1% −16.2% — —
2 MG Motor 1,395 21.7% −15.2% — —
3 Mahindra 321 5.0% −40.2% — —
4 Byd India 207 3.2% −41.0% — —
5 BMW India 72 1.1% −13.3% — —
6 Mercedes-Benz 58 0.9% +52.6% — —
7 Stellantis Automobiles India 48 0.7% −18.6% — —
8 Hyundai 46 0.7% −24.6% — —
9 Volvo 34 0.5% −24.4% — —
10 Kia India 21 0.3% +16.7% — —
11 Tata Motors (PV) 18 0.3% −28.0% — —
12 Audi Ag 10 0.2% −47.4% — —
13 Byd Auto 7 0.1% +40.0% — —
14 Porsche Ag Germany 5 0.1% +0.0% — —
15 Rolls-Royce Motor Cars(Importer:Select Cars P Ltd) 1 0.0% — — —

Exact: Vahan's maker x month table filtered to battery-electric fuels (PURE EV, ELECTRIC(BOV)) and the segment's vehicle classes — not a company total multiplied by anything.

Who is gaining

Monthly share of the electric car market for the six largest makers this month, over the last 15 completed months.

Electric Car market share by month

Share of the segment each month, in per cent.

Market share, 2024 to August

The same table over 2024 to August, set against the same months of 2023.

Electric Car market share — 2024 to August
# Manufacturer Units Share vs 2023 Volume YoY
1 Tata Motors (EV) 38,595 64.45% — —
2 MG Motor 11,200 18.70% — —
3 Mahindra 4,785 7.99% — —
4 Byd India 1,468 2.45% — —
5 Hyundai 840 1.40% — —
6 BMW India 707 1.18% — —
7 Mercedes-Benz 523 0.87% — —
8 Tata Motors (PV) 508 0.85% — —
9 Volvo 372 0.62% — —
10 Stellantis Automobiles India 345 0.58% — —
11 Kia India 198 0.33% — —
12 Audi Ag 116 0.19% — —
13 Others 86 0.14% — —
14 Porsche Ag Germany 59 0.10% — —
15 Byd Auto 44 0.07% — —

How electric are cars?

The battery-electric share of all cars registered each month — the adoption curve behind the brand race above.

EV share of cars by month

Battery-electric registrations as a per cent of the whole segment.

How electric is each car maker?

Every car maker's August 2024 volume, split into battery-electric and everything else (petrol, diesel, CNG and hybrid). Leave the EVs out and Maruti Suzuki leads the non-electric cars market with 37.9%.

Among the established makers, MG Motor has gone furthest: 33.1% of its cars were electric.

Cars by maker, EV vs non-EV — August 2024
# Manufacturer All cars Electric Non-EV EV share of its sales Share of non-EV market
1 Maruti Suzuki 1,12,493 0 1,12,493 0.0% 37.9%
2 Hyundai 43,311 46 43,265 0.1% 14.6%
3 Tata Motors (PV) 40,445 4,194 36,251 10.4% 12.2%
4 Mahindra 39,644 321 39,323 0.8% 13.2%
5 Toyota Kirloskar 22,001 0 22,001 0.0% 7.4%
6 Kia India 19,678 21 19,657 0.1% 6.6%
7 Skoda 6,651 0 6,651 0.0% 2.2%
8 Honda Cars 5,033 0 5,033 0.0% 1.7%
9 MG Motor 4,212 1,395 2,817 33.1% 0.9%
10 Renault India 3,102 0 3,102 0.0% 1.0%
11 Nissan India 2,007 0 2,007 0.0% 0.7%
12 Mercedes-Benz 1,427 0 1,427 0.0% 0.5%
13 BMW India 1,069 72 997 6.7% 0.3%
14 Jaguar Land Rover India 518 0 518 0.0% 0.2%
15 Stellantis India 369 0 369 0.0% 0.1%

All cars: Vahan maker x month for the segment's vehicle classes, every fuel. Electric: the same table, battery-electric fuels only. Non-EV is the difference — petrol, diesel, CNG and hybrid. EV arms filed as separate makers are counted with their parent: Tata Motors (EV) with Tata Motors (PV).

Where they sell

Karnataka registered the most electric cars in August 2024 — 843, 13.1% of the national total. Maharashtra (823) and Kerala (763) followed.

Top states for electric cars — August 2024
# State Units Share YoY
1 Karnataka 843 13.1% —
2 Maharashtra 823 12.8% —
3 Kerala 763 11.9% —
4 Tamil Nadu 579 9.0% —
5 Uttar Pradesh 426 6.6% —
6 Gujarat 398 6.2% —
7 Rajasthan 371 5.8% —
8 Delhi 318 5.0% —
9 Telangana 296 4.6% —
10 Chhattisgarh 284 4.4% —
11 Haryana 188 2.9% —
12 West Bengal 180 2.8% —

Frequently asked questions

How many electric cars were sold in India in August 2024?
6,419 electric cars were registered in India in August 2024.
Which company sold the most electric cars in August 2024?
Tata Motors (EV) led with 4,176 registrations, 65.1% of the electric car market, followed by MG Motor (21.7%), Mahindra (5.0%), Byd India (3.2%).
What is the electric car market share of each brand?
In August 2024: Tata Motors (EV) 65.1%; MG Motor 21.7%; Mahindra 5.0%; Byd India 3.2%; BMW India 1.1%; Mercedes-Benz 0.9%. Shares are of electric car registrations only.
What share of cars sold in India are electric?
2.1% of cars registered in August 2024 were battery-electric. Hybrids are not counted as electric.
Which state buys the most electric cars?
Karnataka registered 843 electric cars in August 2024, 13.1% of the national total, ahead of Maharashtra.
How are these numbers measured?
They are Vahan retail registrations read from the dashboard with its own filters applied — battery-electric fuels and the segment's vehicle classes — and checked against the national class-by-fuel table before they are published. They count vehicles registered to buyers, not the dispatches manufacturers announce.

Electric Car sales, earlier months

More from the reports desk

Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.

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