India’s electric vehicle market continued its energetic jog into November 2025 — though not without a few dramatic mood swings across categories. According to the latest FADA retail data, the month delivered a mixed bag of dips, surges, surprises, and the kind of percentage jumps that make analysts check twice if the decimal is in the right place.
🔌 Electric Passenger Vehicles: A Calm After the Festive Storm
November wasn’t exactly a blockbuster month for electric passenger vehicles (PVs), with overall retail dipping 17.75% MoM to 14,850 units. But before anyone blames EV buyers for ghosting dealerships, remember: October was turbocharged by festive-season demand.
Still, EV PVs grew a solid 61.87% YoY, proving that India’s EV shift is more long-term romance than a festive fling.
Top Highlights:
- Tata Motors stays king at 6,153 units, despite a 15% monthly dip. Even royalty needs a breather.
- JSW MG Motor at 3,693 units, also down MoM — perhaps too busy teasing Cyberster fans?
- Mahindra had a spicy YoY jump of 408.75%, thanks to the XUV400 and its growing electric cousins.
- VinFast India shocked everyone with a 122.14% MoM jump, clearly arriving with full Vietnamese energy.
- Mercedes-Benz took a hit with a YoY decline of 35.51%, but luxury EV buyers are known to wait for “the perfect shade of silver.”
⚡ Electric Commercial Vehicles: Buses and Trucks Ride the Voltage Wave
If the PV segment sipped an energy drink, the electric commercial vehicle segment gulped three. ECVs grew a massive 202.7% YoY, even though MoM retails dipped 3.90%.
Breakout Performers:
- Euler Motors stole the headlines with an unbelievable 8,333% YoY growth — yes, four digits. No typo.
- Pinnacle Mobility Solutions zoomed 966% MoM, proving India really loves a good comeback story.
- Mahindra Last Mile Mobility grew 370% YoY, because electric cargo never goes out of fashion.
- Tata Motors, the leader at 491 units, saw an MoM dip but still commands nearly a third of the segment.
The segment’s market share now stands at 1.79%, inching up steadily — like a bus climbing a flyover with quiet electric confidence.
🚖 Electric Three-Wheelers: India’s Real EV Superstars
Welcome to the segment that needs no marketing campaign — electric 3-wheelers continue to dominate India’s EV adoption story with 83,683 units sold in November, up 18.52% MoM and 31.99% YoY.
This category doesn’t just grow — it thrives.
Leaders of the Pack:
- Mahindra Group tops the list with 10,779 units, despite a rare MoM dip.
- Bajaj Auto jumped over the MoM hurdle with 9.11% growth.
- ZENIAK Innovation turned heads with a 183.75% MoM surge, proving newcomers can run with the big boys.
- Hooghly Motors and FEDE Industries went into beast mode:
- Hooghly: 217% MoM
- FEDE: 267% MoM
- Even the “Others” category posted a happy 27.79% MoM — clearly everyone is joining the EV 3W party.
The 3W EV market share has now climbed to 62.5%, meaning nearly two out of every three new three-wheelers on Indian roads are electric. The auto-rickshaw revolution is here, and it’s silent… mostly.
⚡ India’s EV Pulse: Strong, Steady, and a Little Unpredictable — Just Like Us
Across categories, November paints a clear picture: India’s EV transition is charging ahead with personality. The PV segment took a post-festive nap, commercial EVs sprinted like they heard a starter pistol, and electric three-wheelers continued their unstoppable marathon toward nationwide dominance.
If this momentum continues, 2026 might just be the year when even your neighborhood paan shop gets an EV for home delivery.
