E-Rickshaw Sales March 2026: 36,364 Units, YC Electric Tops a Fragmented Market
Every e-rickshaw registered in India in March 2026, 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 36,364 e-rickshaws in March 2026, −15.9% on March 2025 and −13.6% on February.
Across the 3 completed months of 2026 to March, 1,30,553 e-rickshaws have been registered, +3.2% on the same months of 2025.
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 2026
YC Electric led the month with 1,346 registrations — 3.7% of the e-rickshaw market — ahead of Dilli Electric on 1,173 (3.2%), a gap of 173 units. YC Electric also led February.
Aahana Commerce has gained the most share against March 2025, +1.55pp to 2.5%; YC Electric has lost the most, −4.26pp to 3.7%.
The top three hold 9.8% of the segment; 496 manufacturers registered at least one e-rickshaw.
Top 10 e-rickshaw makers, March 2026
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 2026 | Share | MoM | YoY | Share vs Mar 2025 |
|---|---|---|---|---|---|---|
| 1 | YC Electric | 1,346 | 3.7% | −8.2% | −60.9% | −4.26pp |
| 2 | Dilli Electric | 1,173 | 3.2% | −4.9% | −27.9% | −0.54pp |
| 3 | Zeniak Innovation India | 1,060 | 2.9% | −25.4% | +40.0% | +1.16pp |
| 4 | J. S. Auto | 988 | 2.7% | −2.7% | −3.9% | +0.34pp |
| 5 | Saera Electric | 913 | 2.5% | −14.6% | −58.9% | −2.63pp |
| 6 | Aahana Commerce | 899 | 2.5% | −16.1% | +124.2% | +1.55pp |
| 7 | Energy Electric Vehicles | 805 | 2.2% | −1.6% | −26.2% | −0.31pp |
| 8 | Hooghly Motors | 681 | 1.9% | −46.2% | +117.6% | +1.15pp |
| 9 | Mini Metro EV | 670 | 1.8% | −11.4% | −32.7% | −0.46pp |
| 10 | Terra Motors India | 605 | 1.7% | −3.8% | −17.0% | −0.02pp |
| 11 | Hotage India | 586 | 1.6% | −2.5% | −21.8% | −0.12pp |
| 12 | Sks Trade India | 575 | 1.6% | +4.9% | −32.4% | −0.39pp |
| 13 | Fede Industries | 569 | 1.6% | −30.9% | +190.3% | +1.11pp |
| 14 | Move Stone Services | 524 | 1.4% | −11.8% | +63.7% | +0.70pp |
| 15 | Jajodia Commodities | 496 | 1.4% | −32.5% | +168.1% | +0.94pp |
| All others (481 makers) | 24,474 | 67.3% |
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, 2026 to March
The same table over 2026 to March, set against the same months of 2025.
| # | Manufacturer | Units | Share | vs 2025 | Volume YoY |
|---|---|---|---|---|---|
| 1 | Zeniak Innovation India | 4,902 | 3.75% | +1.98pp | +118.7% |
| 2 | YC Electric | 4,776 | 3.66% | −4.78pp | −55.3% |
| 3 | Dilli Electric | 3,994 | 3.06% | −0.97pp | −21.6% |
| 4 | Hooghly Motors | 3,642 | 2.79% | +1.98pp | +256.4% |
| 5 | Aahana Commerce | 3,348 | 2.56% | +1.63pp | +184.5% |
| 6 | Saera Electric | 3,145 | 2.41% | −2.77pp | −52.0% |
| 7 | J. S. Auto | 3,030 | 2.32% | +0.14pp | +9.7% |
| 8 | Fede Industries | 2,577 | 1.97% | +1.49pp | +317.0% |
| 9 | Energy Electric Vehicles | 2,510 | 1.92% | −0.41pp | −14.9% |
| 10 | Jajodia Commodities | 2,363 | 1.81% | +1.33pp | +288.7% |
| 11 | Mini Metro EV | 2,314 | 1.77% | −0.54pp | −20.9% |
| 12 | Terra Motors India | 2,284 | 1.75% | +0.21pp | +17.3% |
| 13 | Move Stone Services | 1,890 | 1.45% | +0.80pp | +130.8% |
| 14 | Big Bull Trader | 1,833 | 1.40% | +0.63pp | +86.9% |
| 15 | Hotage India | 1,830 | 1.40% | −0.35pp | −17.6% |
Frequently asked questions
How many e-rickshaws were sold in India in March 2026?
Which company sold the most e-rickshaws in March 2026?
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.
