Tata Motors sold 2,529 units of Nexon EV and emerged as the best-selling electric car in India for the year 2020. It also garnered a Market Share of whopping 63% in the segment!
- Launched in January 2020; Tata Nexon EV hit the right chords of practicality & value for money with Indian EV car buyers. With a starting price of Rs.13.99 Lakh; it was the most affordable EV SUV in the Indian market.
- MG ZS EV was launched in January 2020 as well and accounted to >28% of the cars sold in the segment. MG offered eShield for the ZS EV, which provided free-of-charge 5-year manufacturer warranty for unlimited kilometres on the car and 8 years/150k km warranty on the battery. MG claimed that ZS EV comes at a running cost of under INR 1 per km and offered maintenance packages starting at INR 7,700 for 3 years.
- India’s first Electric SUV – Hyundai Kona ranked third and sold just 223 in the entire year and had a market share of 5.6%.
- Mahindra which was once the Pioneer of EV car space; ranked last in the table! It could sell a mere 9 units in the entire year!