← Latest news 
Mahindra overtakes Tata Motors in EV revenue as new SUVs spark FY26 surge
Automobile
Published on 1 May 2026
Revenue leadership flips while Tata keeps unit sales edge
Mahindra & Mahindra has become the top EV seller by revenue in FY26, dethroning Tata Motors after the launch of new electric SUVs. Despite the revenue shift, Tata Motors still leads on the number of EV cars sold. The broader EV market also expanded sharply, with rising registrations and fresh models expected to accelerate growth further.
- Mahindra ranks first in EV revenue in FY26
- Tata Motors still leads in EV unit sales
- New electric SUV launches drove the revenue shift
- EV registrations rose significantly, signaling stronger demand
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times