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Tata and Mahindra Lead as Indian Electric Car Market Surges in September 2026

Indian electric car market sees a 95.4% growth in September 2026, with Tata and Mahindra leading the charge.

Published 3 Oct 2026 · Prices re-checked 04 Oct
The short answer
Rs 27 – 136 lakh
Across the 11 models this story prices, ex-showroom. Verified against distributor pricing on 04 Oct.
Rs 33,051
Tata Tiago EV · EMI from /mo
+15–20%
on-road, over ex-sh.
Tata and Mahindra Lead as Indian Electric Car Market Surges in September 2026
Image: Mahindra Scorpio N — official image

Indian manufacturers Tata Motors and Mahindra reported strong sales performance during September 2026, reflecting a broader surge in the Indian electric vehicle (EV) market. The month saw 35,048 electric cars registered across India, marking a 95.4 percent increase compared to the 17,932 units registered in September 2025.

Tata Motors Sales Performance

Tata Motors reached a new monthly record by selling 15,384 electric vehicles in September. This figure represents a 67.38 percent increase compared to the 9,191 units sold in September 2025. The company has now maintained monthly electric vehicle sales above 15,000 units for three consecutive months. Total passenger vehicle sales for the month reached 70,210 units, a 15.27 percent rise from the 60,907 units sold in the same month last year.

Tata Motors holds a dominant 42.2 percent market share in the Indian EV market, with 14,792 EVs registered in September alone. Domestic sales for Tata reached 68,110 units, while exports accounted for 1,400 units. The company continues to expand its electric portfolio, which includes the Punch EV, Tiago EV, Tigor EV, Nexon EV, Curvv EV, and Harrier EV.

Mahindra Sales Performance

Mahindra recorded sales of 64,092 SUVs in September. This result is 13.98 percent higher than the 56,233 units sold in September 2025. For the July-September quarter, the company sold 183,397 passenger vehicles, marking a 26.04 percent increase over the 145,503 units sold during the same period in 2025. The SUV lineup, including the Thar, Scorpio N, Bolero, XUV 3XO, and XUV 7XO, contributed to these results. Electric models such as the XEV 9e, BE 6, and XEV 9S also supported the company's growth.

Mahindra holds a 22.2 percent market share in the Indian EV market, with 7,782 EVs registered in September. Commercial vehicle segments also showed positive momentum. Three-wheeler sales grew by 53 percent to 16,343 units. Light commercial vehicles under 2 tons saw a 30 percent increase, while those above 2 tons grew by 18 percent. The company sold 30,420 four-wheeled commercial vehicles in September.

MG Motor also made significant strides, securing a 15 percent market share with 5,242 EVs registered in September. Strong demand for SUVs and electric models remains the primary driver for both manufacturers.

The Indian EV market's rapid growth is further evidenced by the increasing presence of brands like MG and VinFast, making the market more competitive. The expansion of production capacity and the introduction of new models are expected to accelerate this growth trend, potentially impacting the Nepalese EV market as well.

Price ladder
Ex-showroom, verified 04 Oct · live from the catalog, not typed into the article
ModelSegmentEx-showroom
Tata Tiago EV
HatchbackRs 27 – 30 lakh
Tata Punch EV
SUVRs 34 – 39 lakh
Tata Nexon EV
SUVRs 45 – 51 lakh
Mahindra XUV 3XO
SUVRs 48 lakh
Mahindra XUV 400 EV
1 variantRs 53 lakh
Mahindra Bolero Neo
SUVRs 53 lakh
Mahindra BE 6
SUVRs 57 – 68 lakh
Tata Curvv EV
SUVRs 59 lakh
Mahindra XEV 9S
2 variantsRs 60 – 87 lakh
Mahindra XEV 9e
SUVRs 69 – 95 lakh
Mahindra Scorpio N
SUVRs 83 – 136 lakh
Tata Tigor EVnot on sale yet5 variants—
Tata Harrier EVno catalog page yet——
Mahindra Tharno catalog page yet——
Mahindra XUV 7XOno catalog page yet——
MG ZS EVnot on sale yetSUV—
Monthly EMI, 5 years at 7.5%
On ex-showroom, 40% down. Your dealer’s down payment and processing fee will change this.
Tata Tiago EV
Rs 33,051
per month · the entry point
Tata Punch EV
Rs 40,865
per month · +Rs 7,814 vs the cheapest
Tata Nexon EV
Rs 54,090
per month · +Rs 21,039 vs the cheapest
Rs 21,039/month separates the cheapest from the dearest here.Run your own numbers →

Our own record on this

Price movements we logged
5 recorded since July 2026

Tata Punch EV: 4 · Tata Curvv EV: 1. Each is a dated change we applied to a published ex-showroom price after checking it. A logged change may be a distributor's revision or our own correction coming into line with the official figure — the log says which way each one moved, and when, not why.

See the full price-change log →
Prices checked against the distributor
AN
Ajit Narayan Singh
Editor, Nepal AutoMart

Writes on vehicle pricing, taxation and the Nepali auto market from ongoing tracking of distributor price lists. Every price in this piece is read live from the Nepal AutoMart catalog — how we verify prices.

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