Mahindra close to beating MG, Maruti Suzuki climbs to 4th position, beating Vinfast. Tata Motors remains at the top, though market share is taking a hit.
Kia Syros EV is expected to launch in August 2026 and will directly rival the Tata Nexon EV. Should Tata be worried about the upcoming South Korean electric car? Let’s find out.
The government has extended the PM E-DRIVE subsidy deadline to July 2026 for electric two-wheelers, while electric three-wheelers will continue to get incentives till March 2028; the policy’s strict “fund-limited” clause, means buyers shouldn’t wait too long either.
Tesla is reportedly dropping plans to launch the flagship Model X in India, pivoting away from expensive, low-volume imports to focus entirely on mass-market affordability and the upcoming, entry-level compact EV.
JSW MG Motor India is preparing to enter the luxury electric SUV market with the upcoming MG IM6, a tech-loaded coupe-style EV set to debut in October 2026.
Skoda Auto has announced 2026 updates for its popular electric SUVs, the Elroq and the Enyaq, for the European markets, and the updates will roll out in mid-2026.
Sony and Honda have discontinued the Afeela EV project before its launch due to significant restructuring, low EV demand, and platform dependency concerns, with full refunds assured to customers.
Kia has globally launched its most affordable compact electric SUV (€26,600), the EV2, featuring advanced triple-screen tech, flexible seating, and up to 453 km of range.
Tata Motors still leads India’s EV market, but its share has dropped from around 73% to nearly 40% in just two years, with early 2026 trends showing continued pressure.
