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2026: India's Electric Car Market Gears Up for Mass Appeal
11 Jan
Summary
- India's EV market expansion expected to reach new milestones in 2026.
- Maruti Suzuki and Toyota Kirloskar Motor to launch new electric models.
- Existing players like Mahindra and Tata Motors are expanding their EV portfolios.
India's electric passenger vehicle market is anticipated to transition towards mainstream acceptance in 2026, fueled by the entry of major automakers and expansion by existing leaders. Following an 85.6% surge in sales in 2025, the market is expected to see a more competitive landscape with increased model offerings and strategic pricing. Maruti Suzuki will launch its eVitara this month, with Toyota Kirloskar Motor introducing the Urban Cruiser EV on January 20, leveraging shared platforms to challenge early specialists.
