Electric Commercial Vehicle Sales Cross 1,000 Units for Three Straight Months, Showing Steady Growth in 2025

Key Highlights:

• Over 1,000 e-CVs sold for three straight months.

• July 2025 sales at 1,248 units, second-highest since March 2024.

• e-LCVs lead with 4,403 units, 62% market share.

• Tata Motors leads, Mahindra and Switch Mobility are gaining fast.

• Market on track for record sales in 2025.

India’s electric commercial vehicle (e-CV) industry is showing strong momentum in 2025, with sales crossing 1,000 units for three consecutive months, May, June, and July. In July alone, 1,248 units were sold, making it the second-highest monthly sales since the peak of 2,156 units in March 2024 before the FAME II subsidy ended.

From January to July 2025, a total of 7,054 e-CVs have been sold, already reaching 70% of last year’s full-year sales of 10,076 units. This growth suggests that the segment is on track to achieve a new annual record.

Key Growth Trends in the e-CV Segment

• Over 1,000 units sold in each of the past three months.

• Light goods carriers dominate with 4,403 units sold, making up 62% of total sales (up from 59% last year).

• Passenger e-buses sold 2,427 units (flat YoY), heavy goods carriers sold 158 units (up 22% YoY), and electric vans sold 66 units (up 267% YoY).

• Tata Motors leads with 29% share, but its market share dropped from 62% last year, while Mahindra’s share rose from 7% to 18%.

Tata Motors Leads but Faces Rising Competition

Tata Motors remains the market leader, selling 2,035 units between January and July 2025. However, this is a 49% drop from 3,990 units in the same period last year, mainly due to a decline in e-LCV sales from 3,047 units in 2024 to 1,940 units in 2025.

Tata’s e-LCV portfolio includes the Ace EV, Ace EV 1000, Ace Pro EV, and Intra EV — catering to last-mile delivery, FMCG, e-reefer, and waste management needs. The company also sells heavy-duty models like the E28K and Ultra E12, as well as the Ultra E9 for passenger transport.

Mahindra and Switch Mobility Record Strong Gains

Mahindra has seen remarkable growth with its Zeo electric mini-truck, selling 1,245 units, a 188% increase compared to last year. The Zeo offers a real-world range of 160 km and comes with a 7-year/150,000 km warranty.

Switch Mobility, the electric vehicle arm of Ashok Leyland, recorded a 266% YoY sales increase, delivering 870 units. Its e-LCV sales also grew 184% YoY to 341 units.

Performance of Other OEMs in Top 10

• PMI Electro Mobility – 591 electric buses sold (up 88% YoY)

• Olectra Greentech – 455 electric buses sold (up 45% YoY)

• JBM Auto – 437 units sold (down 4% YoY)

• Euler Motors – 237 e-LCVs sold, including the Storm EV T1500T and LongRange 200

• VE Commercial Vehicles (Eicher) – 236 units sold (up 23% YoY)

• EKA Mobility – 212 units sold (up 175% YoY)

• Tivolt Electric Vehicles – 63 Eviator e-SCV units sold with a certified 245 km range

Industry Leaders Speak

A Tata Motors spokesperson said, “Our commitment to sustainable mobility remains strong. While the market is seeing dynamic changes, we continue to focus on efficient and reliable electric CV solutions for evolving customer needs.”

A Mahindra Last Mile Mobility executive added, “The surge in Zeo sales reflects customer trust in our products. With strong range, reliability, and after-sales support, we aim to expand our presence in the electric goods carrier market.”

Outlook for the e-CV Market in 2025

With steady monthly sales, strong e-LCV demand, and more models launching, India’s electric commercial vehicle market is expected to set a new sales record in 2025. Increasing demand for zero-emission last-mile and mid-mile transportation will likely keep the growth trend strong in the coming months.

Also Read: Mahindra Last Mile Mobility Leads July 2025 Electric CV Market with Strong Sales Performance

CMV360 Says

India’s electric commercial vehicle sector is on track for a record-breaking year in 2025. With consistent sales above 1,000 units per month, rising adoption of e-LCVs, and expanding OEM portfolios, the segment is showing strong potential. Market competition is heating up, promising better choices, improved technology, and wider adoption of clean mobility solutions across the country.