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Passenger EV retail dips 4% amid supply crunch; overall PV market grows 15%

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Passenger EV retail dips 4% amid supply crunch; overall PV market grows 15%
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

Supply constraints at Tata Motors and a sharp fall at Vinfast weighed on EV registrations, while Mahindra and MG gained market share.

Key Takeaways

  • Passenger EV retail dips 4% amid supply crunch; overall PV market grows 15%.
  • Supply constraints at Tata Motors and a sharp fall at Vinfast weighed on EV registrations, while Mahindra and MG gained market share.
  • Supply constraints at Tata Motors and a sharp fall at Vinfast weighed on EV registrations, while Mahindra and MG gained market share.

Supply constraints at Tata Motors and a sharp fall at Vinfast weighed on EV registrations, while Mahindra and MG gained market share.

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