India's Electric Car Sales Dip 4% in October on Supply Shortages but Nearly Double Year on Year
India sold 35,777 electric passenger vehicles at retail in October, down 4% from 37,284 in September. BusinessLine blames supply shortages. The Economic Times says sales nearly doubled from a year earlier, with EV penetration reaching 7.2%.
By the Tesla News Wire staff · Edited by Seamus McKenna · · 2 min read
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.
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