New Delhi: India’s electric vehicle market witnessed mixed trends in June 2025, with electric cars, two-wheelers, and buses registering growth while sales of passenger and cargo electric three-wheelers declined month-on-month, according to a report by JMK Research & Analytics.
Sales of high-speed electric two-wheelers (E2Ws) rose 5 per cent month-on-month to 1,05,282 units in June. The top three players continued to dominate the segment, accounting for about 65 per cent of the total registrations.
Passenger electric three-wheeler (E3W) sales stood at 51,698 units in June, showing a 7 per cent decline on a monthly basis. However, the segment grew 13 per cent YoY compared to June 2024. Mahindra Last Mile Mobility led with a 13 per cent market share, followed by Bajaj Auto at 12 per cent. The top eight players accounted for 43 per cent of the market.
In the cargo E3W segment, June 2025 sales were reported at 8,861 units, a 15 per cent fall from the previous month. Year-on-year, the segment saw a 35 per cent increase in sales over June 2024. Mahindra Last Mile Mobility led with a 6 per cent share, while Dilli Electric Vehicle followed at 5 per cent. The top eight companies held 32 per cent of the total market share.
Electric car sales totalled 13,033 units in June 2025, recording a 7 per cent increase from the previous month and a 90 per cent rise compared to June 2024. Tata Motors continued its dominance in the segment with a 36 per cent market share.
Electric bus (e-bus) sales stood at 529 units in June 2025, up 57 per cent month-on-month and 292 per cent YoY . Switch Mobility led the e-bus segment with a 24 per cent share, followed by JBM Auto at 23 per cent.
