India's EV passenger market didn't grow in FY26. 𝗜𝘁 𝗻𝗲𝗮𝗿𝗹𝘆 𝗱𝗼𝘂𝗯𝗹𝗲𝗱. 𝟭𝟵𝟯,𝟲𝟯𝟯 electric cars sold. Up 𝟵𝟭.𝟯% year on year. Market share hit 𝟰.𝟮%. The mid-market (₹20–30L) now owns 𝟯𝟱.𝟳% of the EV mix. Two years ago it was 𝟴.𝟲%. Tata's dominance dropped from 𝟳𝟭% to 𝟰𝟬%. Not because they slipped. Because Mahindra and JSW MG showed up with serious product. Real competition. Finally. The sub-₹12L segment is still at 𝟭.𝟱% penetration. 𝟯 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝘂𝗻𝗶𝘁𝘀 sold annually in that band. 𝗧𝗵𝗮𝘁'𝘀 𝘄𝗵𝗲𝗿𝗲 𝘁𝗵𝗲 𝗻𝗲𝘅𝘁 𝟱 𝘆𝗲𝗮𝗿𝘀 𝗼𝗳 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝘀𝗶𝘁𝘀. We built 𝗲𝗺𝗼𝗯𝗶𝗹𝗶𝘁𝘆.𝗰𝗮𝗿𝗲𝗲𝗿𝘀 because this market needs a place where 𝘁𝗵𝗲 𝘀𝗶𝗴𝗻𝗮𝗹 𝗶𝘀𝗻'𝘁 𝗯𝘂𝗿𝗶𝗲𝗱 𝘂𝗻𝗱𝗲𝗿 𝗻𝗼𝗶𝘀𝗲. 𝗝𝗼𝗯𝘀 𝗮𝗰𝗿𝗼𝘀𝘀 𝗯𝗮𝘁𝘁𝗲𝗿𝘆, 𝗰𝗵𝗮𝗿𝗴𝗶𝗻𝗴, 𝗺𝗼𝘁𝗼𝗿𝘀, 𝘃𝗲𝗵𝗶𝗰𝗹𝗲𝘀, 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲. 𝗦𝗮𝗹𝗮𝗿𝗶𝗲𝘀 𝘆𝗼𝘂 𝗰𝗮𝗻 𝘃𝗲𝗿𝗶𝗳𝘆. 𝗣𝗲𝗼𝗽𝗹𝗲 𝗺𝗼𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝘄𝗼𝗿𝗸. If you're in EV or thinking about it; 𝘁𝗵𝗶𝘀 𝗶𝘀 𝘆𝗼𝘂𝗿 𝗳𝗲𝗲𝗱 𝗻𝗼𝘄.