Togg Maintains Dominance in Türkiye's Rapidly Expanding EV Market Through First Half of 2025
Key Insights
Electric motor car sales surged by an extraordinary 1,267% year-on-year in June 2025, reaching 9,804 units, while traditional passenger car sales declined.
Electric two-wheeler sales also grew by 5% month-on-month to 93,872 units, indicating broad consumer interest and market expansion in the EV segment.
Truck rentals saw a robust 5% year-on-year increase in June 2025, driven by a resurgence in manufacturing activity and private sector hiring.
Overall fuel consumption, including petrol and diesel, registered year-on-year growth, signaling a broader economic recovery despite some monthly dips in mobility.
The Indian electric vehicle market experienced a significant surge in June 2025, with electric motor car sales growing multifold, while traditional internal combustion engine (ICE) passenger car sales saw a decline, according to the latest mobility bulletin released by Shriram Finance. This shift underscores a notable acceleration in consumer adoption of electric mobility, driven by robust interest and new model launches.
Sales of electric motor cars soared to 9,804 units in June 2025, marking an extraordinary 1,267% increase compared to just 717 units sold in June 2024. On a month-on-month basis, electric car sales marginally climbed by 1% from 9,693 units in May 2025. The electric two-wheeler segment also demonstrated strong growth, with sales increasing by 5% to 93,872 units in June from 88,986 units in May 2025, further solidifying the expanding footprint of electric vehicles across different segments.
Conversely, passenger car sales continued to face headwinds, reeling under subdued consumer sentiment and ongoing market uncertainty, as highlighted by Shriram Finance Managing Director and CEO Y.S. Chakravarti. This divergence in sales performance indicates a clear preference shift among consumers, potentially influenced by rising fuel costs and increasing environmental awareness.
Beyond personal mobility, the logistics sector showed resilience, with truck rentals remaining firm in June 2025. Round-trip rentals for 18-ton payloads across key routes like Delhi-Mumbai-Delhi and Delhi-Hyderabad-Delhi saw growth. Year-on-year, truck rentals increased by 5% in June 2025 compared to June 2024, and by 1.3% month-on-month from May 2025. Chakravarti attributed this robust performance to a revival in manufacturing activity and increased hiring by the private sector, alongside continued resilience in export-driven freight movement.
Despite some monthly fluctuations, overall fuel consumption figures also pointed towards a structural recovery. Petrol consumption increased by 6.4% year-on-year to 3.51 million tonnes (MT) in June 2025, up from 3.30 MT in June 2024. Diesel consumption grew by 1.2% year-on-year to 8.08 MT from 7.98 MT in June 2024. While FASTag collections and overall fuel consumption dipped slightly on a monthly basis, their significant year-on-year rise signals enduring recovery and seasonal mobility trends, providing a constructive outlook for the second quarter. The accelerating adoption of electric vehicles, fueled by strong consumer interest and a wave of new model launches, positions the segment as a key driver of future growth in the mobility sector.