Top 10 Electric Cars in India - Sales Report (2nd Quarter 2023)

Top 10 Electric Cars in India - Sales Report (2nd Quarter 2023)

Battery electric vehicle (BEV) sales in India increased dramatically in the second quarter of 2023, jumping from 21,109 units in the first quarter to 26,794 units. Currently, the market share is 2.7%, up from 0.3% in Q1 2021.

Several factors are driving the growth in sales of battery electric vehicles (BEVs), including rising fuel prices, government subsidies, and increasing awareness of the environmental benefits of electric vehicles.

Here are the top 10 best-selling BEVs in India in Q2 2023, along with their sales figures and market share:

  1. Tata Tiago EV: 10,695 units (40%)
  2. Tata Nexon EV: 5,072 units (19%)
  3. Tata Tigor EV: 3,257 units (12%)
  4. Mahindra XUV400: 2,234 units (8%)
  5. MG Comet EV: 1,914 units (7%)
  6. MG ZS EV: 1,747 units (6%)
  7. Citroen eC3: 576 units (2%)
  8. Hyundai Ioniq 5: 449 units (2%)
  9. BYD Atto 3: 412 units (1.5%)
  10. Kia EV6: 279 units (1%)
  11. Hyundai Kona: 159 units (0.5%)

As you can see, Tata Motors dominated the BEV market in Q2 2023, with the Tiago EV, Nexon EV, and Tigor EV accounting for over 71% of the market share. Mahindra's XUV400 was the fourth-best-selling BEV, while MG's ZS EV and Comet EV rounded out the top five.

The battery electric vehicle market is anticipated to grow in the next years as more and more people switch to electric vehicles. By 2030, the government wants to sell 30% more BEVs, and with the proper regulations in place, India is in a good position to dominate the global BEV industry.

Data Source

Related Questions and Answers

Most Popular Answers for Tata Tiago
What is the procedure for loan apply, and what kind of documents are needed for Tata Tiago EV?
2023-09-22 04:13:03 AM

Generally, the documents required while purchasing a vehicle are proof of identity (Aadhar Card, Voter ID, etc), proof of address (driving license, electricity bill, etc.), and income proof (bank statement, salary certificate, etc. Exact confirmation regarding EMI, down payment, interest, loan period, and its procedure will be discussed by the bank only, as it depends upon individual eligibility. 

What is the waiting period for Tata Tiago EV in India?
2023-09-22 04:12:32 AM

The waiting period for the car mainly depends on the City in which you are living. The demand for the car you are interested in among the buyers is also a key factor. If a car is popular, it might end up in a long waiting time period. Only three months is the general waiting period for all cars.

Is the Tata Tiago EV suitable for beginners?
2023-09-21 05:58:45 AM

Yes, the Tata Tiago EV is a good choice for beginners. It is designed to be easy to drive much like learning to drive a regular car. The difference is that instead of gasoline, it runs on electricity, which is simpler in many ways. Electric cars often have smooth and quiet acceleration, so you don't have to worry about shifting gears or dealing with a complex engine. They usually have automatic transmissions which makes driving even easier. So, if you're new to driving or new to electric cars, the Tata Tiago EV is a user-friendly option to consider, much like starting with training wheels when learning to ride a bicycle.

Give details about the battery pack and range of the Tata Tiago EV.
2023-09-21 05:53:27 AM

The Tiago EV gets two battery pack options: 75PS/114Nm 24kWh and 61PS/105Nm 19.2kWh. The former has a claimed range of 315km, while the smaller 19.2kWh battery pack is good for a claimed range of 250km. A 7.2kW charger will juice up its batteries in three hours and 36 minutes. The smaller battery pack only gets a 3.3kW charging capacity.

What will be the EMI or down payment for Tata Tiago EV?
2023-09-21 05:52:22 AM

In general, the down payment remains between 20-30% of the on-road price of the vehicle, and ROI varies between 9.25-11.5% and it totally depends on the CIBIL/Credit score of an individual. So, we'd suggest you walk into the nearest dealership to know the final finance quotation and documentation as they will be the better person to assist you.