Demand for electric cars in India is growing faster than carmakers can supply them. BusinessLine and The Economic Times report October retail figures.

October by brand

  • Tata Motors: 14,552, down 7.1% month on month, for a 40.7% share.
  • Mahindra: 8,472, up 3.4%.
  • JSW MG Motor: 5,877, up 6.5%.
  • VinFast: 2,565, down 22.4%.

The bigger picture

  • Total: 35,777, against 37,284 in September.
  • Penetration: 7.2%, up from 3.2% a year earlier, according to The Economic Times.
  • January–October: 287,453.

Supply crunch

Tata's Shailesh Chandra said bookings have tripled since February, and supply will need two to three months to catch up.