Whilst 2023 noticed a large number of outstanding automobile launches, the EV section additionally were given a big spice up with many new merchandise and facelifts hitting the marketplace. In comparison to 2022, the electrical car class witnessed a gorgeous expansion of 114 in line with cent in 2023, with a complete of 81,870 EVs offered in India from January to December 2023. Amongst the entire automobile makers that are within the EV industry within the nation, Tata Motors has ruled the electrical car class by means of securing a 73 in line with cent marketplace percentage.

Some of the 81,870 electrical automobiles offered in India, 59,580 EVs got here from Tata Motors. With this a lot of electrical automobiles offered, Tata Motors additionally scored a year-on-year expansion of 86 in line with cent for its vary of EVs, which these days has Tiago.EV, Tigor.EV and Nexon.EV. The second one place has been secured by means of MG, with it surpassing Mahindra by means of promoting 9,430 gadgets of ZS EV and Comet EV, its two choices within the electrical car house. Mahindra ended up being 3rd at the record of EV makers, promoting 4,201 gadgets of XUV400 – its simplest electrical car – in the entire yr, garnering 5.13 in line with cent of marketplace percentage.

The rather new carmaker Construct Your Goals (BYD) secured fourth place by means of promoting 1,997 gadgets of its EV-specific lineup comprising of E6 MPV and Atto 3 crossover, thus securing a marketplace percentage of two.43 in line with cent within the EV house. Citroen additionally secured a marketplace percentage of two.36 in line with cent by means of promoting 1,938 gadgets of eC3, its simplest electrical car nowadays. Trailing the Citroen within the record is Hyundai, which offered 1,597 gadgets of Kona EV and Ioniq 5 blended, whilst Kia offered 436 gadgets of its sole EV providing, the EV6, in 2023.

Even the luxurious carmakers had a the most important expansion within the electrical car class with outstanding EV launches across the yr contributing to their general gross sales figures. BMW led the section with 1,280 electrical automobiles, whilst Volvo got here 2d with 553 electrical automobiles, adopted by means of Mercedes-Benz on the 3rd place with 505 gadgets. Audi offered 140 EVs, whilst Porsche and Jaguar Land Rover offered 95 and 9 gadgets respectively.

Upcoming EVs

With vital expansion by means of all carmakers within the electrical car house, 2024 is simplest going to grow to be larger and higher for the section. Maruti Suzuki, the rustic’s greatest automobile maker, can also be coming into the EV house with the manufacturing model of eVX, its first-ever all-electric car. Hyundai may even resolution Maruti Suzuki with the electrical car model of Creta, which is speculated to switch the Kona EV this yr. Tata Motors will eye on strengthening its place by means of launching the Punch EV within the first quarter of 2023, whilst Citroen has showed that it is going to release the eC3 Aircross this yr. The up to date Mahindra XUV400 may be on its means and can release anytime quickly.

In an interview, Shailesh Chandra, Managing Director of Tata Motors and its Electrical Mobility divisions, introduced that his corporate is ready to release 3 new electrical SUVs subsequent yr. The creation of those new EVs will additional reinforce Tata Motors’ commanding 70% marketplace percentage in India’s electrical four-wheeler section. The SUV lineup comprises the extremely expected micro-SUV Punch EV, the brand new coupe-SUV Curvv, and the mid-size Harrier EV. Then again, Chandra didn’t divulge the precise release dates of those EVs all over the interview. However, in a prior assembly, he showed that each one of Tata’s upcoming electrical automobiles would supply greater than 500 km of vary.

Right through the interview, Chandra expressed his issues relating to particular hybrid automobile producers in quest of responsibility concessions. He emphasised that simplest zero-emission automobiles will have to obtain advantages. As in line with his remark, automobiles that depend only on “gas potency growth applied sciences” will have to now not qualify for tax breaks. He argued that if a car isn’t plugged into electrical energy, it will have to now not qualify as an EV or be in comparison to EV generation. Hybrid automobiles draw their power from two resources: a fragment of regenerative braking and the bulk from a petroleum engine. In response to this, he opined that evaluating hybrids with EVs is deceptive.