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EV registrations hit record 35,948 in September as Hyundai eyes 500,000-unit third plant, Renault targets ~500 showrooms
Electric car registrations hit a record 35,948 units in September, up 94% year-on-year, in a week when Maruti Suzuki wholesales rose 24.4%, Hyundai explored a third plant of around 500,000 units capacity, and Renault targeted nearly 500 showrooms by end of 2027.
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The numbers
Figures from Autocar Professional,
| EV share of passenger vehicle registrations in September: | 8.3% |
|---|---|
| Tata Motors PV Q2 FY27 sales: | 201,723 units |
| Kia India September domestic wholesales: | 32,017 units |
| Electric two-wheeler share of registrations in September: | 11.4% |
Why it matters for the brand
Renault's push toward ~500 showrooms, Hyundai's possible third plant and CAFE III compliance pressure open up targets and partnerships in dealer groups, EV supply chain and localisation, and charging, so screen them before OEM capacity decisions crowd the field.
What to track next
- October and November EV registrations against the 35,948 September record
- EV share of passenger vehicle registrations moving above or back below 8.3%
- A formal Hyundai board or state-government approval for the third plant
- Final CAFE III rules on how EVs and hybrids are credited
- Renault's showroom count against its roughly 500 target by end-2027
Likely next moves
Our read of what comes next — analysis, not reported by the source.
- Hyundai is likely to keep advancing its third-plant plan at 500,000 units, with a formal board decision more probable if EV share holds near 8.3% in coming months.
- Maruti Suzuki is likely to lean on its 24.4% wholesale momentum while sharpening its electric line-up, since a growing EV share erodes its ICE-heavy mix over time.
- Renault may push toward nearly 500 showrooms by end-2027 and use the wider network to add dealer-led electric and value offers.
- Rival EV makers are likely to use record registrations to argue for more model launches and price cuts, keeping competition for the new EV buyer intense.
- Regulators and industry bodies are likely to shape the CAFE III debate (April 2027 to March 2032) around how much credit EVs and hybrids earn.
The source
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