Chinese brands now hold 33% of India's electric car market
Chinese-backed brands now make up a third of India's electric car market, shaking up Tata Motors's long-standing lead.
Names like JSW MG Motor and BYD have rapidly expanded with new models and more dealerships, while Volvo (owned by China's Geely) is also part of this growing market share.
EV sales boom, thanks to Chinese players
From January to October, sales for these Chinese-linked brands jumped by 165%, helping the entire EV segment grow by 87%—reaching over 1.36 lakh units sold.
Without their push, growth would have been much slower.
Meanwhile, regular petrol and diesel cars actually saw a small drop in sales over the six months ended September.
More choices and tech upgrades ahead
JSW is set to invest ₹26,000 crore and launch 25 new EVs and hybrids by 2030.
BYD is planning local manufacturing, Stellantis will bring Leapmotor soon, and recent entries like Tesla mean even more options for buyers.
All this competition is likely speeding up tech upgrades and keeping prices in check for India's fast-changing EV scene.