Audi, Porsche, Volvo and Citroen witnessed a decline in EV sales in the first of this calendar year. Audi’s EV sales halved to just 43 units in H1 2025 from 85 units in the same period last year. Swedish carmaker Volvo’s EV sales dropped 27% during the same time. Stellantis-owned French carmaker Citroën’s EV sales declined 14%. Porsche’s EV sales fell from 47 units in H1 2024 to 24 units H1 2025.
Kia India, which is set to launch the Carens Clavis EV on July 15, saw a marginal increase in electric car sales from 139 units in H1 2024 to 203 units in H1 2025.
To be clear, India’s EV industry is at a nascent stage, contributing only 3% to total car sales in the country.
India’s EV market has not matured yet and market share really doesn’t carry any significance at this point, said Puneet Gupta, Director of India & ASEAN at S&P Global Mobility. “As we see companies bringing more EV models, it will be a win-win for customers. There will be more positive word of mouth for EVs, customers will have more confidence, there will be more charging stations, and once there are more players, then charging stations will become viable,” Gupta explained.
Gupta expects EV sales to hit an inflection point when the penetration crosses the 4% mark.
