India’s EV Market Hits Record 2.34 Lakh Sales in October, Nears 2-Million Milestone
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India’s EV Market Hits Record 2.34 Lakh Sales in October, Nears 2-Million Milestone

According to Vahan data, India’s electric vehicle (EV) market continues to shatter records in October 2025, with total sales hitting 2,34,274 units, a 7% increase over the same month last year. This surpasses the previous peak of 2,19,722 units set in October 2024, indicating a new milestone in the country’s expanding EV sector.

Despite internal combustion vehicles becoming less expensive under GST 2.0, and EVs still incurring a 5% GST, the trend for electric mobility remained strong, with over 7,500 daily sales throughout the month.

All segments contributed to the surge, with two- and three-wheelers leading the way. Electric two-wheelers accounted for 61% of overall sales, reaching 1.43 lakh units – their highest monthly record ever. Between January and October 2025, the segment sold 1.06 million units, up 11% year-on-year. Tata Motors continued to dominate the market with a 40% share.

Commercial EVs also increased 121% year-on-year to 1,902 units, driven by light goods carriers. With 18.46 lakh EVs sold this year, India is on track to surpass 2 million annual sales by November, cementing its position as a leader in sustainable mobility.