February 2025 EV Sales Drop: Market Trends and Key Insights
The Indian electric vehicle (EV) market witnessed a significant dip in sales during February 2025. According to data from the Vahan portal, overall EV sales dropped from 9,825 units in January to 7,599 units in February, marking a noticeable slowdown.
Ola Electric Faces Registration Issues
One of the biggest reasons for the decline in overall sales was the drastic drop in Ola Electric’s numbers. The company faced challenges due to renegotiation issues with registration agents, which directly impacted its sales figures on the Vahan portal.
Top 10 EV Sellers in February 2025
10th Position – Revolt Motors
- Sales dropped to 760 units in February, down from 1,060 units in January.
9th Position – Kinetic Green
- Sold 765 units in February, a slight decline from 806 units in January.
8th Position – VGas
- Sales fell from 1,451 units in January to 1,218 units in February.
7th Position – Pure EV
- Recorded a decline, selling 1,566 units compared to 1,650 units in January.
6th Position – RowMo Cup
- One of the few brands to see growth, sales increased significantly from 1,615 units to 2,677 units.
Top 5 EV Brands: Performance Overview
5th – Ampere (Greaves Mobility)
- Showed a slight increase, with sales rising from 3,611 units in January to 3,700 units in February.
4th – Ola Electric
- Witnessed a steep decline in sales, dropping from 24,433 units in January to just 8,647 units in February.
- However, Ola claims retail data suggests 25,000 units were sold, despite the lower registration numbers.
3rd – Ather Energy
- Sales dropped to 11,788 units in February from 12,895 units in January, indicating a minor slowdown.
2nd – TVS
- Maintained its position as the second-best-selling EV brand, though sales dropped from 23,378 units in January to 18,746 units in February.
1st – Bajaj: The New Market Leader
- Bajaj claimed the No. 1 position in the EV scooter market for February, surpassing TVS and Ola Electric. While exact sales figures were not disclosed, its consistent performance secured its top spot.