E-Rickshaw Vahan retail registrations

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.

38,718
E-Rickshaw registrations
February 2025
−5.5%
Year on year
vs Feb 2024
−13.1%
Month on month
vs Jan
YC Electric
Segment leader
8.7% share
83,273
2025 to end-Feb
−2.3% YoY

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.

E-Rickshaw leaderboard — February 2025

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.

E-Rickshaw market share — 2025 to February
# 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?
38,718 e-rickshaws were registered in India in February 2025, −5.5% year on year and −13.1% on January.
Which company sold the most e-rickshaws in February 2025?
YC Electric led with 3,371 registrations, 8.7% of the e-rickshaw market, followed by Saera Electric (5.3%), Dilli Electric (4.2%), Mini Metro EV (2.4%).
What is the e-rickshaw market share of each brand?
In February 2025: YC Electric 8.7%; Saera Electric 5.3%; Dilli Electric 4.2%; Mini Metro EV 2.4%; Sahnianand E Vehicles 2.3%; Energy Electric Vehicles 2.2%. Shares are of e-rickshaw registrations only.
How are these numbers measured?
They are Vahan retail registrations read from the dashboard with its own filters applied — battery-electric fuels and the segment's vehicle classes — and checked against the national class-by-fuel table before they are published. They count vehicles registered to buyers, not the dispatches manufacturers announce.

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.

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