JSW MG Motor India Hits 1 Lakh EV Sales, Expanding Market Share Against Tata

JSW MG Motor India has announced that it has crossed the landmark of selling over 1 lakh electric cars in the country since entering the electric vehicle market in 2020 with the launch of the ZS EV. 

With this feat, MG becomes only the second automaker in India, after Tata Motors, to achieve this milestone. Tata had earlier celebrated 1 lakh EVs on Indian roads in August 2023 and doubled the figure by February 2024.

Rapidly Rising Market Share Amidst Stiff Competition

MG’s electric vehicle market share climbed from 26 percent at the start of 2024 to an impressive 35 percent, even as competition in the EV space intensified. 

While Tata Motors once enjoyed a virtual monopoly with a 74 percent retail share in October 2023, its slice of the EV market slipped to 58 percent by October 2024, according to Federation of Automobile Dealers Associations data. 

The fading dominance of Tata and the surge of players like MG reflect the increasing dynamism in India’s electric vehicle sector.

EVs Driving MG’s Monthly Sales Boom

Electric vehicles now constitute over 70 percent of MG’s monthly sales, a sharp jump from 35 percent just over a year ago. 

For the full financial year, electric vehicles are expected to comprise roughly half of the company’s total sales. The sales surge began with MG’s initial offering, the ZS EV, and gained momentum after the arrival of the compact Comet EV in April 2023. 

The breakthrough, however, came in September 2024 with the launch of the Windsor — more recently joined by the long-range Windsor Pro, a direct rival to Tata’s Nexon EV.

From April to September 2025, MG delivered 26,640 electric vehicles, marking a 220 percent increase compared to the previous year for the same period. The company’s sales results reinforce its ambitious target of having EVs account for 70-80 percent of overall sales volumes.

In 2025, MG entered the premium electric vehicle segment under its MG Select portfolio, introducing the Cyberster roadster and M9 MPV.