Tata Motors leads Indian EV market with a market share of 72%: Canalys
By selling 34,000 electric vehicles during the first half of 2023, Tata Motors captured a 72 per cent share in India’s electric vehicle (EV) market, data released by Canalys showed.
The contributors to this included high sales numbers of Tiago, Nexon and Tigor models. Tata has already announced its plans to introduce four more EVs by 2024. According to the data, Tata Motors is followed by MG Motor with a share of 10.8 per cent and Mahindra at 9 per cent.
Tiago was the highest-selling EV car in India, followed by Nexon and Tigor. Mahindra XUV400 and MG ZS were the other two in the top five.
