E-Rickshaw Sales January 2025: 44,555 Units, YC Electric Tops a Fragmented Market
Every e-rickshaw registered in India in January 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 January went
India registered 44,555 e-rickshaws in January 2025, +0.7% on January 2024 and −4.5% on December 2024.
Across the 1 completed month of 2025 to January, 44,555 e-rickshaws have been registered, +0.7% 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, January 2025
YC Electric led the month with 3,862 registrations — 8.7% of the e-rickshaw market — ahead of Saera Electric on 2,269 (5.1%), a gap of 1,593 units. YC Electric also led December.
Zeniak Innovation India has gained the most share against January 2024, +1.26pp to 1.8%; Dilli Electric has lost the most, −0.32pp to 4.1%.
The top three hold 17.8% of the segment; 448 manufacturers registered at least one e-rickshaw.
Top 10 e-rickshaw makers, January 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 | Jan 2025 | Share | MoM | YoY | Share vs Jan 2024 |
|---|---|---|---|---|---|---|
| 1 | YC Electric | 3,862 | 8.7% | +1.8% | +15.1% | +1.09pp |
| 2 | Saera Electric | 2,269 | 5.1% | +7.7% | −3.5% | −0.22pp |
| 3 | Dilli Electric | 1,820 | 4.1% | −9.3% | −6.6% | −0.32pp |
| 4 | Unique International Ev | 1,105 | 2.5% | +12.1% | −0.8% | −0.04pp |
| 5 | Sahnianand E Vehicles | 1,092 | 2.5% | −9.3% | +56.0% | +0.87pp |
| 6 | Mini Metro EV | 1,019 | 2.3% | −14.2% | −6.6% | −0.18pp |
| 7 | Energy Electric Vehicles | 1,006 | 2.3% | −11.4% | −3.6% | −0.10pp |
| 8 | J. S. Auto | 923 | 2.1% | −5.6% | +13.0% | +0.23pp |
| 9 | Zeniak Innovation India | 814 | 1.8% | −19.6% | +224.3% | +1.26pp |
| 10 | Sks Trade India | 808 | 1.8% | −18.3% | −10.7% | −0.23pp |
| 11 | Champion Poly Plast | 794 | 1.8% | +7.0% | −18.6% | −0.42pp |
| 12 | Hotage India | 771 | 1.7% | −15.9% | −34.9% | −0.94pp |
| 13 | Khalsae-Vehicles | 735 | 1.6% | +9.5% | −8.9% | −0.17pp |
| 14 | Thukral Electric Bikes | 688 | 1.5% | −13.7% | −15.3% | −0.29pp |
| 15 | Mahindra Last Mile | 683 | 1.5% | −14.7% | −34.1% | −0.81pp |
| All others (433 makers) | 26,166 | 58.7% |
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 January
The same table over 2025 to January, set against the same months of 2024.
| # | Manufacturer | Units | Share | vs 2024 | Volume YoY |
|---|---|---|---|---|---|
| 1 | YC Electric | 3,862 | 8.67% | +1.09pp | +15.1% |
| 2 | Saera Electric | 2,269 | 5.09% | −0.22pp | −3.5% |
| 3 | Dilli Electric | 1,820 | 4.08% | −0.32pp | −6.6% |
| 4 | Unique International Ev | 1,105 | 2.48% | −0.04pp | −0.8% |
| 5 | Sahnianand E Vehicles | 1,092 | 2.45% | +0.87pp | +56.0% |
| 6 | Mini Metro EV | 1,019 | 2.29% | −0.18pp | −6.6% |
| 7 | Energy Electric Vehicles | 1,006 | 2.26% | −0.10pp | −3.6% |
| 8 | J. S. Auto | 923 | 2.07% | +0.23pp | +13.0% |
| 9 | Zeniak Innovation India | 814 | 1.83% | +1.26pp | +224.3% |
| 10 | Sks Trade India | 808 | 1.81% | −0.23pp | −10.7% |
| 11 | Champion Poly Plast | 794 | 1.78% | −0.42pp | −18.6% |
| 12 | Hotage India | 771 | 1.73% | −0.94pp | −34.9% |
| 13 | Khalsae-Vehicles | 735 | 1.65% | −0.17pp | −8.9% |
| 14 | Thukral Electric Bikes | 688 | 1.54% | −0.29pp | −15.3% |
| 15 | Mahindra Last Mile | 683 | 1.53% | −0.81pp | −34.1% |
Frequently asked questions
How many e-rickshaws were sold in India in January 2025?
Which company sold the most e-rickshaws in January 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.
