E-Rickshaw Sales May 2026: 37,285 Units, YC Electric Tops a Fragmented Market
Every e-rickshaw registered in India in May 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 May went
India registered 37,285 e-rickshaws in May 2026, −23.2% on May 2025 and +3.9% on April.
Across the 5 completed months of 2026 to May, 2,03,731 e-rickshaws have been registered, −8.2% 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, May 2026
YC Electric led the month with 1,334 registrations — 3.6% of the e-rickshaw market — ahead of J. S. Auto on 1,060 (2.8%), a gap of 274 units. YC Electric also led April.
Fede Industries has gained the most share against May 2025, +1.28pp to 1.8%; YC Electric has lost the most, −3.97pp to 3.6%.
The top three hold 9.0% of the segment; 509 manufacturers registered at least one e-rickshaw.
Top 10 e-rickshaw makers, May 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 | May 2026 | Share | MoM | YoY | Share vs May 2025 |
|---|---|---|---|---|---|---|
| 1 | YC Electric | 1,334 | 3.6% | +9.7% | −63.6% | −3.97pp |
| 2 | J. S. Auto | 1,060 | 2.8% | +8.3% | +5.9% | +0.78pp |
| 3 | Zeniak Innovation India | 955 | 2.6% | +6.1% | +22.4% | +0.96pp |
| 4 | Aahana Commerce | 847 | 2.3% | +31.9% | +75.4% | +1.28pp |
| 5 | Dilli Electric | 829 | 2.2% | −5.4% | −50.3% | −1.21pp |
| 6 | Energy Electric Vehicles | 823 | 2.2% | +18.8% | −27.9% | −0.14pp |
| 7 | Saera Electric | 689 | 1.8% | −11.0% | −65.4% | −2.25pp |
| 8 | Hooghly Motors | 681 | 1.8% | −4.8% | +55.1% | +0.92pp |
| 9 | Hotage India | 669 | 1.8% | +12.8% | −24.2% | −0.02pp |
| 10 | Fede Industries | 658 | 1.8% | +38.2% | +178.8% | +1.28pp |
| 11 | Sks Trade India | 655 | 1.8% | +10.3% | −22.0% | +0.03pp |
| 12 | Terra Motors India | 600 | 1.6% | −20.1% | −31.0% | −0.18pp |
| 13 | Move Stone Services | 518 | 1.4% | +0.4% | +21.6% | +0.51pp |
| 14 | Vijays Energy Industries (India) | 508 | 1.4% | +31.3% | +3.9% | +0.36pp |
| 15 | T U K Industries | 494 | 1.3% | +20.8% | −11.9% | +0.17pp |
| All others (494 makers) | 25,965 | 69.6% |
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, 2026 to May
The same table over 2026 to May, set against the same months of 2025.
| # | Manufacturer | Units | Share | vs 2025 | Volume YoY |
|---|---|---|---|---|---|
| 1 | YC Electric | 7,326 | 3.60% | −4.38pp | −58.6% |
| 2 | Zeniak Innovation India | 6,757 | 3.32% | +1.64pp | +81.8% |
| 3 | Dilli Electric | 5,699 | 2.80% | −1.00pp | −32.5% |
| 4 | J. S. Auto | 5,069 | 2.49% | +0.27pp | +2.8% |
| 5 | Hooghly Motors | 5,038 | 2.47% | +1.63pp | +169.7% |
| 6 | Aahana Commerce | 4,837 | 2.37% | +1.44pp | +132.4% |
| 7 | Saera Electric | 4,608 | 2.26% | −2.39pp | −55.4% |
| 8 | Energy Electric Vehicles | 4,026 | 1.98% | −0.39pp | −23.5% |
| 9 | Fede Industries | 3,711 | 1.82% | +1.35pp | +254.8% |
| 10 | Terra Motors India | 3,635 | 1.78% | +0.26pp | +7.3% |
| 11 | Mini Metro EV | 3,288 | 1.61% | −0.70pp | −36.0% |
| 12 | Jajodia Commodities | 3,137 | 1.54% | +1.03pp | +177.1% |
| 13 | Hotage India | 3,092 | 1.52% | −0.32pp | −24.2% |
| 14 | Sks Trade India | 2,991 | 1.47% | −0.34pp | −25.4% |
| 15 | Move Stone Services | 2,924 | 1.44% | +0.75pp | +91.4% |
Frequently asked questions
How many e-rickshaws were sold in India in May 2026?
Which company sold the most e-rickshaws in May 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.
