Luxury EV Sales in India Surge 66% in 2025 as High-End Buyers Ditch ICE Cars

Luxury EV Sales in India Surge 66% in 2025 as High-End Buyers Ditch ICE Cars Luxury EV Boom: India’s Premium Car Buyers Embrace Electric in 2025 India’s premium automotive market is undergoing a dramatic shift, with electric vehicles (EVs) emerging as the new favorite among affluent buyers. In 2025, luxury EV sales jumped by a staggering 66%, signaling a growing preference for clean energy over traditional internal combustion engine (ICE) cars. As per VAHAN data, EVs made up 11% of luxury car sales between January and May 2025, compared to just 7% during the same period in 2024. This sharp rise showcases the accelerated acceptance of electric mobility among India’s elite. The transformation isn't limited to new cars. The used-luxury vehicle market also reflects this trend — nearly 19% of pre-owned luxury vehicles sold so far in 2025 were EVs, up from less than 5% a year ago, according to Luxury Cart, a key player in the segment. What’s fueling this demand? A wave of premium...