Electric Car Vahan retail registrations

Electric Car Sales September 2024: Tata Motors (EV) Leads With 64.7% Share

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

5,754
Electric Car registrations
September 2024
—
Year on year
vs Sep 2023
−10.4%
Month on month
vs Aug
Tata Motors (EV)
Segment leader
64.7% share
2.1%
EV share of cars
September 2024

How September went

India registered 5,754 electric cars in September 2024, −10.4% on August.

Electric cars were 2.1% of every car registered in September 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, September 2024

Tata Motors (EV) led the month with 3,720 registrations — 64.7% of the electric car market — ahead of MG Motor on 1,032 (17.9%), a gap of 2,688 units. Tata Motors (EV) also led August.

The top three hold 90.9% of the segment; 17 manufacturers registered at least one electric car.

Top 10 electric car makers, September 2024

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

Electric Car leaderboard — September 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 Sep 2024 Share MoM YoY Share vs Sep 2023
1 Tata Motors (EV) 3,720 64.7% −10.9% — —
2 MG Motor 1,032 17.9% −26.0% — —
3 Mahindra 476 8.3% +48.3% — —
4 Byd India 175 3.0% −15.5% — —
5 BMW India 123 2.1% +70.8% — —
6 Mercedes-Benz 87 1.5% +50.0% — —
7 Hyundai 33 0.6% −28.3% — —
8 Stellantis Automobiles India 25 0.4% −47.9% — —
9 Kia India 21 0.4% +0.0% — —
10 Volvo 16 0.3% −52.9% — —
11 Audi Ag 14 0.2% +40.0% — —
12 Tata Motors (PV) 14 0.2% −22.2% — —
13 Byd Auto 12 0.2% +71.4% — —
14 Porsche Ag Germany 3 0.1% −40.0% — —
15 Rolls Royce Motor (Importer: Kun Motor) 1 0.0% — — —
All others (2 makers) 2 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 September

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

Electric Car market share — 2024 to September
# Manufacturer Units Share vs 2023 Volume YoY
1 Tata Motors (EV) 42,315 64.47% — —
2 MG Motor 12,232 18.64% — —
3 Mahindra 5,261 8.02% — —
4 Byd India 1,643 2.50% — —
5 Hyundai 873 1.33% — —
6 BMW India 830 1.26% — —
7 Mercedes-Benz 610 0.93% — —
8 Tata Motors (PV) 522 0.80% — —
9 Volvo 388 0.59% — —
10 Stellantis Automobiles India 370 0.56% — —
11 Kia India 219 0.33% — —
12 Audi Ag 130 0.20% — —
13 Others 86 0.13% — —
14 Porsche Ag Germany 62 0.09% — —
15 Byd Auto 56 0.09% — —

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 September 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 39.1%.

Among the established makers, MG Motor has gone furthest: 32.0% of its cars were electric.

Cars by maker, EV vs non-EV — September 2024
# Manufacturer All cars Electric Non-EV EV share of its sales Share of non-EV market
1 Maruti Suzuki 1,02,763 0 1,02,763 0.0% 39.1%
2 Hyundai 38,809 33 38,776 0.1% 14.7%
3 Mahindra 35,123 476 34,647 1.4% 13.2%
4 Tata Motors (PV) 33,446 3,734 29,712 11.2% 11.3%
5 Toyota Kirloskar 19,304 0 19,304 0.0% 7.3%
6 Kia India 16,484 21 16,463 0.1% 6.3%
7 Skoda 5,777 0 5,777 0.0% 2.2%
8 Honda Cars 4,055 0 4,055 0.0% 1.5%
9 MG Motor 3,220 1,032 2,188 32.0% 0.8%
10 Renault India 2,855 0 2,855 0.0% 1.1%
11 Nissan India 2,163 0 2,163 0.0% 0.8%
12 Mercedes-Benz 1,451 0 1,451 0.0% 0.6%
13 BMW India 1,139 123 1,016 10.8% 0.4%
14 Jaguar Land Rover India 485 0 485 0.0% 0.2%
15 Stellantis India 399 0 399 0.0% 0.2%

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

Maharashtra registered the most electric cars in September 2024 — 905, 15.7% of the national total. Kerala (863) and Karnataka (700) followed.

Top states for electric cars — September 2024
# State Units Share YoY
1 Maharashtra 905 15.7% —
2 Kerala 863 15.0% —
3 Karnataka 700 12.2% —
4 Tamil Nadu 536 9.3% —
5 Rajasthan 380 6.6% —
6 Uttar Pradesh 355 6.2% —
7 Gujarat 333 5.8% —
8 Telangana 286 5.0% —
9 Haryana 200 3.5% —
10 West Bengal 166 2.9% —
11 Madhya Pradesh 151 2.6% —
12 Odisha 139 2.4% —

Frequently asked questions

How many electric cars were sold in India in September 2024?
5,754 electric cars were registered in India in September 2024.
Which company sold the most electric cars in September 2024?
Tata Motors (EV) led with 3,720 registrations, 64.7% of the electric car market, followed by MG Motor (17.9%), Mahindra (8.3%), Byd India (3.0%).
What is the electric car market share of each brand?
In September 2024: Tata Motors (EV) 64.7%; MG Motor 17.9%; Mahindra 8.3%; Byd India 3.0%; BMW India 2.1%; Mercedes-Benz 1.5%. Shares are of electric car registrations only.
What share of cars sold in India are electric?
2.1% of cars registered in September 2024 were battery-electric. Hybrids are not counted as electric.
Which state buys the most electric cars?
Maharashtra registered 905 electric cars in September 2024, 15.7% of the national total, ahead of Kerala.
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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