India's EV market surges 34% YoY in June 2025: What's driving the growth?

Tesla's potential launch of a lower-cost Model Y, JSW MG's luxury EV market ambitions, and the recent surge in electric car retail sales, which doubled in September with Tata Motors leading the race. Additionally, Ather Energy is expanding its experience centers, and India and Korea are exploring joint initiatives in EV components.  This video discusses the growing EV market in India and the performance of companies like Mahindra:Automotive manufacturers and market Tesla: Tesla is expected to unveil a lower-cost Model Y in a push to boost sales and plans to start Indian operations soon, possibly with an EV under ₹22 lakh.  JSW MG: JSW MG Motor India is targeting the top spot in the luxury EV market by 2026, focusing on innovation and product launches.  BYD: BYD has opened its 45th dealership in India and surpassed 10,000 EV deliveries nationwide.  Tata Motors: Tata Motors continues to lead the EV market, and its subsidiary Tata Passenger Electric Mobility is collaborating with Bharat Petroleum to set up 7,000 charging stations.  Sales: Electric car retail sales more than doubled in September, reaching 15,329 units, according to FADA.  Electric 2-wheelers: Registrations for electric two-wheelers are up 18% in the first half of fiscal year 2026, reports Business Standard.  This video discusses the growth of the Indian electric three-wheeler market:https://lnkd.in/dpSUmfxm and infrastructure Charging stations: Tata Power is recalibrating its public charging ramp-up due to slower-than-expected e-car growth.  Battery technology: Indian and Korean companies are exploring joint initiatives for electronics and EV components.  New motors: Ola Electric has received government certification for its in-house developed ferrite motor, making it the first Indian automaker to do so.  Battery swapping: Gadkari inaugurated India's first commercial electric truck battery swapping and charging station at Sonipat. Policy and government Subsidies: The Delhi government may double two-wheeler EV subsidies in its upcoming policy.  Price parity: Gadkari has stated that EV prices are expected to match petrol car prices within four to six months. GO GREEN****GO EV**

6 High-Growth Gems in India's ₹6.14 Trillion Auto Component Industry. . These are the fastest growing segments in the Auto Component Industry in India. 📈 . 1. Electric Vehicle Components India's ambitious 2030 goal of 30% electric vehicle (EV) penetration is driving significant growth in the demand for lithium-ion batteries, battery management systems. The advancement of battery-swapping technologies provides new opportunities for auto component manufacturers to produce and maintain battery packs. India's electric mobility push is boosting demand for battery technology, electric drivetrains, and charging infrastructure, affecting the auto component sector. The government's emphasis on incentives for electric vehicle manufacturing is accelerating this growth. The government targets ~30% EV sales by 2030, but EV sales were ~7.6% in 2024,huge upside if penetration accelerates. 2.OEMs Supply chain The OEM segment is expected to experience the fastest CAGR in the auto components market due to increased vehicle production and the need for high-quality components. In FY2024, OEM supply to OEMs grew by 5.3% to reach Rs 62.4 bn, and in FY2025, due to the GST rate cut we can already see a record breaking demands. 3.Aftermarket Components The aftermarket segment experienced a 10% growth in FY2024 due to increased vehicle usage and the formalization of repair services, indicating a growing trend towards vehicle maintenance. The segment with a turnover of approximately $11.3 bn in FY2024, is a vital contributor to the industry's growth. 4.Engine and Transmission Parts Indian auto component market dominates engine components, accounting for 35% of the Indian auto component market, focusing on efficiency and emissions reduction due to regulatory pressures and consumer demand for greener technologies. 5.Electrical and Electronics Components The growth of advanced vehicle technologies, such as autonomous driving and infotainment systems, is significantly impacting the growth of electrical and electronics components. The segment, comprising 30% of the market, is crucial for integrating new technologies into vehicles. 6.Suspension and Braking Systems Manufacturers are investing in research and development to improve vehicle safety and performance, leading to growth in the suspension and braking systems segment. Next I will cover the CAFE norms introduced by the Government. #autoancillarysector #equityresearch #finance #LinkedIn

Automakers should stop trading on fear and start selling confidence, starting with a battery guaranteed for life. Battery longevity remains one of the biggest uncertainties for potential EV buyers. Replacement costs can run into the tens of thousands of dollars, and with many vehicles now using structurally integrated battery packs, replacing them can require dismantling the car itself. This potential cost, even as prices fall, remains a major unknown for those moving from ICE to BEV. Any long-term value calculation must factor in battery risk, even with simpler mechanical systems and reduced maintenance. The real question is whether buyers will trust that the most expensive, least serviceable component will last as long as the car itself. Both field studies and real-world data show that modern EV batteries can last well into the decade mark, often retaining 70–80% of their original capacity. So why not warranty batteries for the life of the original owner? While it represents a balance sheet liability, it could redefine trust in electric mobility and reframe the EV as a confident, long-term investment. Impossible, you say? Not quite. Tata Motors recently introduced a Lifetime High-Voltage Battery Warranty in India, covering up to 15 years from registration for the first private owner. The term aligns with Indian vehicle registration norms rather than a legal definition of “lifetime,” but the message is clear: standing behind your technology builds belief. Here’s the real question: is there actually money in this for OEMs? They have been profiting from the fear that EVs are fragile and short-lived. That uncertainty fuels lease cycles, upgrades, and early trade-ins. But this is short-term thinking. The real value lies in capturing the hesitant mass market, building unbreakable brand loyalty, and owning lifecycle data through long-term warranties. Without a stronger focus on longevity, EVs risk becoming another layer of disposable tech dressed up as green progress. As regulators begin linking sustainability incentives to lifecycle outcomes, warranties could become part of the compliance framework itself. A battery that lasts 15 years may soon be worth more than one that fast-charges in 10 minutes. In the end, standing behind the battery is about standing behind the promise of progress itself. Read the full article on Substack: https://lnkd.in/eNKCsty7 #ev #batterylongevity #automotive #sustainability #circulareconomy #bev #designethos

India Electric Vehicle Industry Shows Steady Growth https://lnkd.in/d49Mckth India’s EV Industry Shows Steady Growth Across Segments, showing robust growth of the Indian Automotive Industry from January 24 to September 2025. However, in August 2025, the Electric Vehicle Industry registered a 3.3% degrowth compared to August 2025. The GST cut on ICE vehicles was one of the reasons behind this trend. ACG expects that the EV market in India will continue to grow strongly because of the expansion of charging infrastructure, affordable pricing, better range, Customer trust, and policy support from the state and central governments. The EV dealership business model must still be re-innovated to make it feasible. #ev #electricvehicle #bev #electriccar #electricbus #electrictruck #electricscooter #strategy #technology #data #IndiaAuto

India's Electric Car Market Hits 15K Monthly Sales as Premium EV Revolution Takes Shape -September 2025 India's electric passenger vehicle segment is accelerating toward mainstream adoption, with September 2025 delivering 15,128 registrations as the market builds momentum toward the government's 30% EVe target by 2030. The premium segment is showcasing exactly how India's EV transformation will uenfold across different price points, Tata Passenger Blectric Mobility continues to lead this charge with 40.42% market share and 6,114 units, leveraging its deep understanding of Indian consumer needs. JSW MG Motor's 25.55% share with 3,865 units and Mahindra Electric's 20.21% with 3,058 units demonstrate how establish ed players are successfully transitioning their expertise to electric powertrains. The international success stories are equally compelling: BYD India grew 11.65% to capture 3.57% share, while Kia India expanded 7.77% to reach 3.32%, proving that global technology partnerships are fnding their footing in India's unique market. With nearly a dozen new EV launches planned for 2025 and the market projected to double to $110.7 billion by 2029, which breakthrough will accelerate mass adoption-affordable Indian innovation or premium international technology?

🚘 Car fans, here’s what you don’t usually see under the hood… 🔧 India’s auto industry is entering a new gear — and it’s not just about who makes the cars, but who builds what goes inside them. Traditionally, we’ve looked at Tata Group, Mahindra Group, or Ashok Leyland as the flagbearers of Indian mobility. But today, a new set of home-grown component innovators are quietly powering the shift to electric and sustainable vehicles: 🔋 Log9 Materials Materials → Developing lithium-ion cells and battery packs with ultra-fast charging technology, reducing downtime for EV fleets. 🚛 EVage Motors → Engineering modular skateboard platforms for electric trucks, enabling flexible designs and quicker assembly. ⚡ SUN Mobility → Providing battery-swapping solutions that cut charging time to minutes, especially for buses and three-wheelers. 🔧 Nexcharge (Exide–Leclanché JV) → Supplying high-density energy storage systems that integrate directly into OEM platforms. 📊 Why this matters: India’s EV battery demand is expected to reach 260 GWh by 2030. The Indian EV components market alone is projected to cross $20 billion by 2032. These companies are not just suppliers; they’re Tier-1 technology partners creating: Efficient drivetrains ⚙️ Scalable EV architectures 🏗️ Energy storage solutions 🔋 Faster adoption pathways for clean mobility 🌱 For car enthusiasts, this means the vehicles we admire tomorrow won’t just have an Indian badge on the front — many of their critical systems will be designed and built in India too. 🇮🇳 👉 The big question: Can India evolve into a global hub for advanced automotive components, just as it did for IT and services? #Automotive #EV #CarEnthusiasts #MadeInIndia #Innovation #FutureOfMobility #IndianCars #AutoIndustry #EVComponents #CarCommunity #SustainableMobility #TechInCars #EVIndia

𝗜𝗻𝗱𝗶𝗮’𝘀 𝗘𝗩 𝗦𝗲𝗰𝘁𝗼𝗿 𝗛𝗶𝘁𝘀 𝗡𝗲𝘄 𝗥𝗲𝗰𝗼𝗿𝗱 𝗶𝗻 𝗙𝗬 𝟮𝟬𝟮𝟰–𝟮𝟱 ⚡ 🔋 𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗩𝗲𝗵𝗶𝗰𝗹𝗲 𝗦𝗮𝗹𝗲𝘀 𝗦𝘂𝗿𝗴𝗲 India’s electric vehicle (EV) sector has hit a new milestone—𝟮𝟬.𝟯𝟴 𝗹𝗮𝗸𝗵 𝘂𝗻𝗶𝘁𝘀 𝘀𝗼𝗹𝗱 𝗶𝗻 𝗙𝗬 𝟮𝟬𝟮𝟰–𝟮𝟱, 𝘂𝗽 𝟭𝟱.𝟲𝟴% from last year. EVs now account for 𝗻𝗲𝗮𝗿𝗹𝘆 𝟴% 𝗼𝗳 𝘁𝗼𝘁𝗮𝗹 𝗮𝘂𝘁𝗼 𝘀𝗮𝗹𝗲𝘀, reflecting fast-rising consumer adoption and aggressive industry expansion. 📊 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 & 𝗞𝗲𝘆 𝗗𝗿𝗶𝘃𝗲𝗿𝘀 𝗥𝗲𝗰𝗼𝗿𝗱 𝗚𝗿𝗼𝘄𝘁𝗵: 20.38 lakh EVs sold vs. 17.62 lakh in FY 2023–24. 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗵𝗮𝗿𝗲: EVs climbed to 8% of all auto sales, up from ~6.9% last year. 𝗘𝘅𝗽𝗮𝗻𝗱𝗶𝗻𝗴 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺: Startups and legacy OEMs are rapidly growing dealership networks and diversifying offerings. 🚲 𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗘-𝗦𝗰𝗼𝗼𝘁𝗲𝗿𝘀 𝗟𝗲𝗮𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗖𝗵𝗮𝗿𝗴𝗲: Affordable, urban-friendly two-wheelers from 𝗢𝗹𝗮 𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰, 𝗔𝘁𝗵𝗲𝗿, 𝗧𝗩𝗦, 𝗮𝗻𝗱 𝗕𝗮𝗷𝗮𝗷 continue to dominate, capturing young and first-time buyers. 𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗧𝗿𝘂𝗰𝗸𝘀 & 𝗙𝗹𝗲𝗲𝘁 𝗩𝗲𝗵𝗶𝗰𝗹𝗲𝘀: Companies like 𝗧𝗮𝘁𝗮 𝗠𝗼𝘁𝗼𝗿𝘀 𝗮𝗻𝗱 𝗔𝘀𝗵𝗼𝗸 𝗟𝗲𝘆𝗹𝗮𝗻𝗱 are piloting electric trucks for logistics and last-mile delivery—signaling a shift toward commercial electrification. 🔮 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 With rising fuel costs, supportive incentives, and growing charging infrastructure, India’s EV adoption is on track to hit 𝗱𝗼𝘂𝗯𝗹𝗲-𝗱𝗶𝗴𝗶𝘁 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗮𝗿𝗲 𝘀𝗼𝗼𝗻. Lower battery prices and broader model availability will only accelerate the transition. ⚡ 𝗕𝗼𝘁𝘁𝗼𝗺 𝗟𝗶𝗻𝗲: India is moving rapidly from adoption to leadership in EVs—paving the road toward its ambition of becoming a 𝗴𝗹𝗼𝗯𝗮𝗹 𝗰𝗹𝗲𝗮𝗻 𝗺𝗼𝗯𝗶𝗹𝗶𝘁𝘆 𝗽𝗼𝘄𝗲𝗿𝗵𝗼𝘂𝘀𝗲.

Curious how fast India’s EV shift is happening? ⚡ The EV shift isn’t a trend - it’s a new mindset.  Rising fuel prices are pushing change  Cities are demanding cleaner transport  Fleet operators see the economics finally work  Drivers are earning 30–40% more by switching to EVs As EVreporter highlights, in September 2025: 3W passenger EVs touched 37.8% share 3W cargo EVs at 25.5% 4Ws crossed 5% 2Ws at 8.1% The numbers tell a story - one of confidence, not curiosity. 👉 Dive into the full article here: < https://lnkd.in/gB9GwUNE > At chargeup, we’re proud to be powering this shift - building the chargeup platform that connects drivers, dealers, and financiers, making EV adoption not just possible, but inevitable. Because when economics, environment, and ecosystem align. #chargeup #ev #evadoption 

BYD’S UK SALES EXPLODE, BECOMING TOP INTERNATIONAL MARKET BYD’s UK operations recorded a nearly 10-fold increase in car sales year-over-year in September 2025, selling 11,271 units, raising its UK EV market share to 3.6%. The UK EV market as a whole rose 29% year-over-year to a record 72,779 units sold in September. Notably, BYD achieved this despite not qualifying for the UK government’s £650 million EV subsidy scheme, due to regulatory concerns about emissions from Chinese vehicle manufacturing. Its pricing strategy and value proposition have helped drive demand. BYD’s cumulative global EV sales passed 1.6 million units year-to-date, surpassing Tesla’s ~1.2 million in the same period. #BYD #UK #EVSales #MarketShare #GlobalEV

📊 September 2025 EV Sales Report – India’s Electric Future Is Here! ⚡ India’s EV market is showing no signs of slowing down — even with a 13% dip month-on-month, YoY growth has exploded by 186%! 🚀 Here’s how the Top 10 Electric Car Brands performed in September 2025 👇 1. Tata Motors – 6,094 units (40% market share) 2. MG Motor India – 3,843 units (25%) 3. Mahindra – 3,487 units (21%) 4. BYD – 541 units 5. Kia – 499 units 6. Hyundai – 342 units 7. BMW – 307 units 8. Mercedes-Benz EQ Series – 95 units 9. Tesla (New Entry!) – 60 units 10. Citroën – 36 units Despite a slight slowdown, the data clearly shows one thing — India’s EV revolution is accelerating fast. Local OEMs like Tata & Mahindra are leading, while Tesla’s official entry marks a new chapter for the Indian EV ecosystem. 🔋 Watch the full analysis on our YouTube channel: 👉 https://lnkd.in/gRJJySBn #EVSalesReport #AllAboutEVs #ElectricVehicles #EVMarket #Sustainability #TeslaIndia #TataEV #MahindraEV #BYDIndia #Innovation #CleanMobility #EVGrowth