E-Rickshaw Sales October 2024: 49,875 Units, YC Electric Tops a Fragmented Market
Every e-rickshaw registered in India in October 2024, brand by brand: volumes, market share inside the segment, month-on-month and year-on-year change, and who gained or lost share.
How October went
India registered 49,875 e-rickshaws in October 2024, +2.6% on September.
Monthly e-rickshaw registrations, 2024–2026
One line per calendar year. A month still filling is left off the line.
E-Rickshaw market share, October 2024
YC Electric led the month with 4,585 registrations — 9.2% of the e-rickshaw market — ahead of Saera Electric on 2,475 (5.0%), a gap of 2,110 units. YC Electric also led September.
The top three hold 18.7% of the segment; 425 manufacturers registered at least one e-rickshaw.
Top 10 e-rickshaw makers, October 2024
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 | Oct 2024 | Share | MoM | YoY | Share vs Oct 2023 |
|---|---|---|---|---|---|---|
| 1 | YC Electric | 4,585 | 9.2% | +20.0% | — | — |
| 2 | Saera Electric | 2,475 | 5.0% | −1.4% | — | — |
| 3 | Dilli Electric | 2,274 | 4.6% | +15.7% | — | — |
| 4 | Mini Metro EV | 1,370 | 2.7% | +18.2% | — | — |
| 5 | Energy Electric Vehicles | 1,183 | 2.4% | −0.7% | — | — |
| 6 | Unique International Ev | 1,175 | 2.4% | −1.7% | — | — |
| 7 | Sahnianand E Vehicles | 1,036 | 2.1% | +17.1% | — | — |
| 8 | Sks Trade India | 1,007 | 2.0% | +4.5% | — | — |
| 9 | Champion Poly Plast | 994 | 2.0% | +0.5% | — | — |
| 10 | Hotage India | 951 | 1.9% | −14.7% | — | — |
| 11 | Mahindra Last Mile | 942 | 1.9% | −2.2% | — | — |
| 12 | Khalsae-Vehicles | 907 | 1.8% | +2.3% | — | — |
| 13 | J. S. Auto | 886 | 1.8% | −5.3% | — | — |
| 14 | Thukral Electric Bikes | 837 | 1.7% | +15.9% | — | — |
| 15 | Terra Motors India | 783 | 1.6% | −5.5% | — | — |
| All others (410 makers) | 28,470 | 57.1% |
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, 2024 to October
The same table over 2024 to October, set against the same months of 2023.
| # | Manufacturer | Units | Share | vs 2023 | Volume YoY |
|---|---|---|---|---|---|
| 1 | YC Electric | 36,104 | 8.06% | — | — |
| 2 | Saera Electric | 23,841 | 5.32% | — | — |
| 3 | Dilli Electric | 19,652 | 4.39% | — | — |
| 4 | Mini Metro EV | 12,136 | 2.71% | — | — |
| 5 | Unique International Ev | 11,528 | 2.57% | — | — |
| 6 | Energy Electric Vehicles | 10,987 | 2.45% | — | — |
| 7 | Hotage India | 10,631 | 2.37% | — | — |
| 8 | Mahindra Last Mile | 9,442 | 2.11% | — | — |
| 9 | Champion Poly Plast | 9,408 | 2.10% | — | — |
| 10 | Sks Trade India | 9,027 | 2.01% | — | — |
| 11 | J. S. Auto | 8,975 | 2.00% | — | — |
| 12 | Allfine Industries | 8,662 | 1.93% | — | — |
| 13 | Khalsae-Vehicles | 8,112 | 1.81% | — | — |
| 14 | Sahnianand E Vehicles | 7,794 | 1.74% | — | — |
| 15 | Thukral Electric Bikes | 7,530 | 1.68% | — | — |
Frequently asked questions
How many e-rickshaws were sold in India in October 2024?
Which company sold the most e-rickshaws in October 2024?
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.
