E-Rickshaw Sales March 2025: 43,250 Units, YC Electric Tops a Fragmented Market
Every e-rickshaw registered in India in March 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 March went
India registered 43,250 e-rickshaws in March 2025, +1.9% on March 2024 and +11.7% on February.
Across the 3 completed months of 2025 to March, 1,26,523 e-rickshaws have been registered, −0.9% 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, March 2025
YC Electric led the month with 3,445 registrations — 8.0% of the e-rickshaw market — ahead of Saera Electric on 2,222 (5.1%), a gap of 1,223 units. YC Electric also led February.
Sahnianand E Vehicles has gained the most share against March 2024, +0.99pp to 2.7%; Dilli Electric has lost the most, −0.53pp to 3.8%.
The top three hold 16.9% of the segment; 458 manufacturers registered at least one e-rickshaw.
Top 10 e-rickshaw makers, March 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 | Mar 2025 | Share | MoM | YoY | Share vs Mar 2024 |
|---|---|---|---|---|---|---|
| 1 | YC Electric | 3,445 | 8.0% | +2.2% | +4.2% | +0.17pp |
| 2 | Saera Electric | 2,222 | 5.1% | +7.7% | +2.2% | +0.01pp |
| 3 | Dilli Electric | 1,628 | 3.8% | −1.0% | −10.5% | −0.53pp |
| 4 | Sahnianand E Vehicles | 1,160 | 2.7% | +28.2% | +61.1% | +0.99pp |
| 5 | Energy Electric Vehicles | 1,091 | 2.5% | +27.8% | +7.5% | +0.13pp |
| 6 | J. S. Auto | 1,028 | 2.4% | +26.9% | +7.0% | +0.11pp |
| 7 | Mini Metro EV | 996 | 2.3% | +9.3% | −11.7% | −0.36pp |
| 8 | Unique International Ev | 910 | 2.1% | +27.3% | −15.1% | −0.42pp |
| 9 | Sks Trade India | 851 | 2.0% | +23.5% | +0.4% | −0.03pp |
| 10 | Champion Poly Plast | 792 | 1.8% | +22.8% | −13.1% | −0.32pp |
| 11 | Zeniak Innovation India | 757 | 1.8% | +13.0% | +200.4% | +1.16pp |
| 12 | Hotage India | 749 | 1.7% | +6.8% | −25.9% | −0.65pp |
| 13 | Terra Motors India | 729 | 1.7% | +25.0% | −4.8% | −0.12pp |
| 14 | Mahindra Last Mile | 641 | 1.5% | +17.0% | −40.4% | −1.05pp |
| 15 | Zeoplus Axis India | 605 | 1.4% | +11.0% | +27.9% | +0.28pp |
| All others (443 makers) | 25,646 | 59.3% |
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 March
The same table over 2025 to March, set against the same months of 2024.
| # | Manufacturer | Units | Share | vs 2024 | Volume YoY |
|---|---|---|---|---|---|
| 1 | YC Electric | 10,678 | 8.44% | +0.60pp | +6.7% |
| 2 | Saera Electric | 6,554 | 5.18% | 0.00pp | −0.8% |
| 3 | Dilli Electric | 5,093 | 4.03% | −0.40pp | −9.9% |
| 4 | Sahnianand E Vehicles | 3,157 | 2.50% | +0.88pp | +53.5% |
| 5 | Energy Electric Vehicles | 2,951 | 2.33% | 0.00pp | −0.9% |
| 6 | Mini Metro EV | 2,926 | 2.31% | −0.32pp | −12.8% |
| 7 | J. S. Auto | 2,761 | 2.18% | +0.09pp | +3.4% |
| 8 | Unique International Ev | 2,730 | 2.16% | −0.36pp | −15.0% |
| 9 | Sks Trade India | 2,348 | 1.86% | −0.13pp | −7.2% |
| 10 | Zeniak Innovation India | 2,241 | 1.77% | +1.15pp | +183.3% |
| 11 | Champion Poly Plast | 2,231 | 1.76% | −0.41pp | −19.7% |
| 12 | Hotage India | 2,221 | 1.76% | −0.74pp | −30.2% |
| 13 | Terra Motors India | 1,947 | 1.54% | −0.21pp | −13.0% |
| 14 | Mahindra Last Mile | 1,872 | 1.48% | −0.90pp | −38.4% |
| 15 | Khalsae-Vehicles | 1,835 | 1.45% | −0.29pp | −17.5% |
Frequently asked questions
How many e-rickshaws were sold in India in March 2025?
Which company sold the most e-rickshaws in March 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.
