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India EV car registrations nearly double in September to 35,048; Tata Motors leads with 42.2% share
India registered 35,048 electric cars in September 2026, up 95.4 per cent from 17,932 a year earlier, with Tata Motors leading at 42.2 per cent share. Mahindra held 22.2 per cent, MG fell to 15 per cent, and VinFast rose to 2,964 units.
The numbers
Figures from Times Now Auto
| Tata Motors September registrations: | 14,792 |
|---|---|
| Mahindra September registrations: | 7,782 |
| MG September registrations: | 5,242 |
Why it matters for the brand
Volume is growing fast but the top two already hold about 64%, so the strategic openings are with challengers like MG (5,242 units) and VinFast (2,964) that may want local scale, charging or distribution partners to defend or build share.
What to track next
- October registration data showing whether total EV cars stay above September's 35,048
- Tata's share falling below or holding at 42.2%
- Mahindra's monthly units relative to its 7,782 and 22.2% share
- MG recovering above 5,242 units or sliding further below about 15%
- VinFast registrations rising above 2,964 for another month
Likely next moves
Our read of what comes next — analysis, not reported by the source.
- Tata Motors is likely to lean on its 42.2% share to keep pricing and variant pressure on rivals rather than cede ground to Mahindra.
- Mahindra is likely to push to widen its gap over MG, building on 7,782 units and a 22.2% share.
- MG may respond to its slip to about 15% (5,242 units) with sharper pricing or promotions to regain volume.
- VinFast is likely to keep scaling after reaching 2,964 units, and may add to its presence as a newer entrant.
- Expect rivals to cite the 95.4% year-on-year growth when arguing that EV demand is broadening beyond a single leader.