Tag: EV Market Share

Tata Motors PV Business Surges Despite Margin Pressure as JLR Feels the Strain

T.Murrali

For TMPV profitability declined primarily due to a sharp rise in commodity prices, which impacted revenue by nearly 4.5% in Q1                                                                Tata Motors Passenger Vehicle’s (TMPV) domestic passenger vehicle business had a significant quarter as the volumes grew 46% compared to last year, comfortably beating the broader industry’s growth rate. Electric vehicles did even better, […]

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India’s EV Growth Continues: 3Ws Lead with 56.4% Market Share in Feb’25

News Desk

The Federation of Automobile Dealers Associations (FADA) has released the electric vehicle (EV) retail data for February 2025, highlighting key trends in India’s evolving EV market. Despite some challenges, the sector showed resilience, with Passenger EVs witnessing an 18.95% year-on-year (YoY) growth and Three-Wheelers continuing their dominance with a 56.4% market penetration. While Two-Wheelers saw […]

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