Chinese brands silently capture one-third sales in EV market

India's EV market is heating up as Chinese-backed brands like JSW Motor, BYD, and Volvo capture one-third of sales, challenging Tata Motors' former dominance. Sales grew 87% YTD, while ICE vehicles declined. Global players, including Stellantis, Chery, and Tesla, are expanding operations. With massive investments and new launches planned, the Indian EV race is far from over.