India's journey towards cleaner mobility continues to gain velocity—and the commercial segment is becoming a critical contributor. Based on the recent FADA (Federation of Automobile Dealers Associations) retail data, electric commercial vehicles (ECVs) had a remarkable growth year-on-year of 84.3% in May 2025. A total of 1,019 units were sold, compared to 553 units in May 2024, showing a notable transition in commercial fleet purchases.
May sales of 900 ECVs were a 13.22% increase over the previous month. In addition, ECV market share climbed to 1.35%, which was above April's 1.06% and much higher than 0.70% in May 2024. Sales are having consistent growth, and as several indicators show, the momentum is building. This sustained growth showcases a greater acceptance of electric commercial mobility solutions, which is across businesses, logistics providers, and government agencies.
Major Players Behind the Surge
The growth in the segment wasn’t driven by one or two names alone—multiple manufacturers saw varied, yet positive movement.
|
Brand |
Units Sold (May 2025) |
MoM Change (%) |
YoY Change (%) |
|
Tata Motors |
223 |
-15.53% |
-10.1% |
|
Mahindra Group |
189 |
+13.86% |
+950% |
|
PMI Electro Mobility |
147 |
-21.81% |
+126.2% |
|
Switch Mobility |
125 |
+257.14% |
+346.4% |
|
VE Commercial Vehicles |
74 |
+89.74% |
+Line Unavailable |
|
Olectra Greentech |
60 |
+140% |
+Line Unavailable |
|
Pinnacle Mobility |
33 |
+230% |
+230% |
|
Euler Motors |
Not Shared |
-15.79% (Est.) |
Not Available |
|
IPL Tech Electric |
Not Shared |
+19.05% (Est.) |
Not Available |
Also Read: Tata Motors Sales Decline by 9% in May 2025 Amid PV Slump
What’s Driving the Momentum?
Several factors are accelerating the adoption of electric commercial vehicles across India:
- Policy support through FAME-II and state-level subsidies
- Lower total cost of ownership, especially in high-utilization segments
- Rise in last-mile delivery demand, fueled by e-commerce and urban logistics
- Improved vehicle range and charging accessibility
- Corporate ESG goals pushing businesses toward greener fleets
These enablers are not only reducing the barriers to entry but also helping fleet owners see the long-term benefits of electrification.
Future of Electric Commercial Vehicles in India
The electric commercial mobility sector no longer represents the early stages of experimentation; rather, it is emerging into a more mature and competitive market. As manufacturers increase OEM portfolio offerings and the charging infrastructure improves, ECVs are beginning to play a significant role in the decarbonization plans of India.
The increasing numbers represent an increase in trust—not solely in the products, but trust in the surrounding ecosystem.
Conclusion
The 84.3% year-on-year surge in electric commercial vehicle sales is worth highlighting. It affirms a belief that India's commercial transport landscape is undergoing a fundamental shift. With innovation, policy and demand coalescing, the electric wave in the commercial space is no longer a prediction; it has arrived.
Also Read: India's Biggest Electric Bus Drive Begins with 14028 Buses Plan
