E-Rickshaw Sales February 2025: 38,718 Units, YC Electric Tops a Fragmented Market
Every e-rickshaw registered in India in February 2025, brand by brand: volumes, market share inside the segment, month-on-month and year-on-year change, and who gained or lost share.
How February went
India registered 38,718 e-rickshaws in February 2025, −5.5% on February 2024 and −13.1% on January.
Across the 2 completed months of 2025 to February, 83,273 e-rickshaws have been registered, −2.3% on the same months of 2024.
Monthly e-rickshaw registrations, 2024–2026
One line per calendar year. A month still filling is left off the line.
E-Rickshaw market share, February 2025
YC Electric led the month with 3,371 registrations — 8.7% of the e-rickshaw market — ahead of Saera Electric on 2,063 (5.3%), a gap of 1,308 units. YC Electric also led January.
Sahnianand E Vehicles has gained the most share against February 2024, +0.78pp to 2.3%; Unique International Ev has lost the most, −0.65pp to 1.8%.
The top three hold 18.3% of the segment; 446 manufacturers registered at least one e-rickshaw.
Top 10 e-rickshaw makers, February 2025
E-rickshaw registrations only — every other vehicle type these companies make is excluded.
Share is of every e-rickshaw registered in the month. MoM and YoY compare each maker's own volume; the last column is its change in share of the segment.
| # | Manufacturer | Feb 2025 | Share | MoM | YoY | Share vs Feb 2024 |
|---|---|---|---|---|---|---|
| 1 | YC Electric | 3,371 | 8.7% | −12.7% | +0.8% | +0.55pp |
| 2 | Saera Electric | 2,063 | 5.3% | −9.1% | −1.0% | +0.24pp |
| 3 | Dilli Electric | 1,645 | 4.2% | −9.6% | −12.6% | −0.34pp |
| 4 | Mini Metro EV | 911 | 2.4% | −10.6% | −19.9% | −0.42pp |
| 5 | Sahnianand E Vehicles | 905 | 2.3% | −17.1% | +42.1% | +0.78pp |
| 6 | Energy Electric Vehicles | 854 | 2.2% | −15.1% | −7.0% | −0.03pp |
| 7 | J. S. Auto | 810 | 2.1% | −12.2% | −9.3% | −0.09pp |
| 8 | Unique International Ev | 715 | 1.8% | −35.3% | −30.2% | −0.65pp |
| 9 | Hotage India | 701 | 1.8% | −9.1% | −29.0% | −0.60pp |
| 10 | Sks Trade India | 689 | 1.8% | −14.7% | −11.4% | −0.12pp |
| 11 | Zeniak Innovation India | 670 | 1.7% | −17.7% | +132.6% | +1.03pp |
| 12 | Champion Poly Plast | 645 | 1.7% | −18.8% | −27.6% | −0.51pp |
| 13 | Terra Motors India | 583 | 1.5% | −8.2% | −29.8% | −0.52pp |
| 14 | Khalsae-Vehicles | 549 | 1.4% | −25.3% | −19.3% | −0.24pp |
| 15 | Mahindra Last Mile | 548 | 1.4% | −19.8% | −40.9% | −0.85pp |
| All others (431 makers) | 23,059 | 59.6% |
Exact: Vahan's maker x month table filtered to battery-electric fuels (PURE EV, ELECTRIC(BOV)) and the segment's vehicle classes — not a company total multiplied by anything.
Who is gaining
Monthly share of the e-rickshaw market for the six largest makers this month, over the last 15 completed months.
E-Rickshaw market share by month
Share of the segment each month, in per cent.
Market share, 2025 to February
The same table over 2025 to February, set against the same months of 2024.
| # | Manufacturer | Units | Share | vs 2024 | Volume YoY |
|---|---|---|---|---|---|
| 1 | YC Electric | 7,233 | 8.69% | +0.83pp | +8.0% |
| 2 | Saera Electric | 4,332 | 5.20% | 0.00pp | −2.3% |
| 3 | Dilli Electric | 3,465 | 4.16% | −0.33pp | −9.6% |
| 4 | Sahnianand E Vehicles | 1,997 | 2.40% | +0.83pp | +49.4% |
| 5 | Mini Metro EV | 1,930 | 2.32% | −0.30pp | −13.4% |
| 6 | Energy Electric Vehicles | 1,860 | 2.23% | −0.07pp | −5.2% |
| 7 | Unique International Ev | 1,820 | 2.19% | −0.32pp | −14.9% |
| 8 | J. S. Auto | 1,733 | 2.08% | +0.07pp | +1.3% |
| 9 | Sks Trade India | 1,497 | 1.80% | −0.18pp | −11.1% |
| 10 | Zeniak Innovation India | 1,484 | 1.78% | +1.15pp | +175.3% |
| 11 | Hotage India | 1,472 | 1.77% | −0.78pp | −32.2% |
| 12 | Champion Poly Plast | 1,439 | 1.73% | −0.46pp | −22.9% |
| 13 | Khalsae-Vehicles | 1,284 | 1.54% | −0.20pp | −13.7% |
| 14 | Mahindra Last Mile | 1,231 | 1.48% | −0.83pp | −37.3% |
| 15 | Thukral Electric Bikes | 1,219 | 1.46% | −0.27pp | −17.7% |
Frequently asked questions
How many e-rickshaws were sold in India in February 2025?
Which company sold the most e-rickshaws in February 2025?
What is the e-rickshaw market share of each brand?
How are these numbers measured?
E-Rickshaw sales, earlier months
More from the reports desk
Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.