E-Rickshaw Sales November 2025: 56,956 Units, YC Electric Tops a Fragmented Market
Every e-rickshaw registered in India in November 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 November went
India registered 56,956 e-rickshaws in November 2025, +24.4% on November 2024 and +29.2% on October.
Across the 11 completed months of 2025 to November, 4,95,145 e-rickshaws have been registered, +0.3% 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, November 2025
YC Electric led the month with 3,366 registrations — 5.9% of the e-rickshaw market — ahead of Dilli Electric on 1,896 (3.3%), a gap of 1,470 units. YC Electric also led October.
Fede Industries has gained the most share against November 2024, +1.94pp to 2.2%; YC Electric has lost the most, −2.76pp to 5.9%.
The top three hold 12.5% of the segment; 513 manufacturers registered at least one e-rickshaw.
Top 10 e-rickshaw makers, November 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 | Nov 2025 | Share | MoM | YoY | Share vs Nov 2024 |
|---|---|---|---|---|---|---|
| 1 | YC Electric | 3,366 | 5.9% | −1.3% | −15.2% | −2.76pp |
| 2 | Dilli Electric | 1,896 | 3.3% | +8.9% | −1.7% | −0.88pp |
| 3 | Saera Electric | 1,859 | 3.3% | −5.4% | −17.6% | −1.66pp |
| 4 | Zeniak Innovation India | 1,711 | 3.0% | +184.2% | +154.6% | +1.54pp |
| 5 | Mini Metro EV | 1,353 | 2.4% | +22.4% | +11.2% | −0.28pp |
| 6 | Hooghly Motors | 1,279 | 2.2% | +218.2% | +241.1% | +1.43pp |
| 7 | Fede Industries | 1,274 | 2.2% | +267.1% | +843.7% | +1.94pp |
| 8 | Terra Motors India | 1,270 | 2.2% | +56.4% | +89.0% | +0.76pp |
| 9 | J. S. Auto | 1,266 | 2.2% | +28.0% | +39.9% | +0.25pp |
| 10 | Energy Electric Vehicles | 1,250 | 2.2% | +12.2% | +2.1% | −0.48pp |
| 11 | Unique International Ev | 1,107 | 1.9% | +20.9% | −4.7% | −0.59pp |
| 12 | Aahana Commerce | 1,074 | 1.9% | +88.1% | +221.6% | +1.16pp |
| 13 | Sahnianand E Vehicles | 1,017 | 1.8% | +16.1% | −2.2% | −0.49pp |
| 14 | Sks Trade India | 827 | 1.5% | −2.9% | −10.7% | −0.57pp |
| 15 | Hotage India | 818 | 1.4% | +4.7% | −12.3% | −0.60pp |
| All others (498 makers) | 35,589 | 62.5% |
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 November
The same table over 2025 to November, set against the same months of 2024.
| # | Manufacturer | Units | Share | vs 2024 | Volume YoY |
|---|---|---|---|---|---|
| 1 | YC Electric | 38,017 | 7.68% | −0.44pp | −5.1% |
| 2 | Saera Electric | 21,810 | 4.40% | −0.88pp | −16.4% |
| 3 | Dilli Electric | 18,490 | 3.73% | −0.64pp | −14.3% |
| 4 | Energy Electric Vehicles | 11,834 | 2.39% | −0.08pp | −3.1% |
| 5 | Mini Metro EV | 11,774 | 2.38% | −0.33pp | −11.8% |
| 6 | Sahnianand E Vehicles | 10,755 | 2.17% | +0.38pp | +21.7% |
| 7 | J. S. Auto | 10,560 | 2.13% | +0.13pp | +6.9% |
| 8 | Unique International Ev | 10,459 | 2.11% | −0.46pp | −17.6% |
| 9 | Zeniak Innovation India | 9,319 | 1.88% | +0.76pp | +68.6% |
| 10 | Sks Trade India | 8,966 | 1.81% | −0.20pp | −9.9% |
| 11 | Terra Motors India | 8,797 | 1.78% | +0.15pp | +9.6% |
| 12 | Hotage India | 8,713 | 1.76% | −0.58pp | −24.7% |
| 13 | Mahindra Last Mile | 7,625 | 1.54% | −0.53pp | −25.6% |
| 14 | Champion Poly Plast | 7,352 | 1.48% | −0.60pp | −28.6% |
| 15 | Khalsae-Vehicles | 7,250 | 1.46% | −0.32pp | −17.5% |
Frequently asked questions
How many e-rickshaws were sold in India in November 2025?
Which company sold the most e-rickshaws in November 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.
