E-Rickshaw Sales September 2025: 40,097 Units, YC Electric Tops a Fragmented Market
Every e-rickshaw registered in India in September 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 September went
India registered 40,097 e-rickshaws in September 2025, −17.5% on September 2024 and −7.1% on August.
Across the 9 completed months of 2025 to September, 3,94,116 e-rickshaws have been registered, −1.0% 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, September 2025
YC Electric led the month with 3,194 registrations — 8.0% of the e-rickshaw market — ahead of Saera Electric on 1,447 (3.6%), a gap of 1,747 units. YC Electric also led August.
Zeniak Innovation India has gained the most share against September 2024, +0.38pp to 2.1%; Saera Electric has lost the most, −1.55pp to 3.6%.
The top three hold 15.0% of the segment; 481 manufacturers registered at least one e-rickshaw.
Top 10 e-rickshaw makers, September 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 | Sep 2025 | Share | MoM | YoY | Share vs Sep 2024 |
|---|---|---|---|---|---|---|
| 1 | YC Electric | 3,194 | 8.0% | −6.6% | −16.4% | +0.10pp |
| 2 | Saera Electric | 1,447 | 3.6% | −30.0% | −42.3% | −1.55pp |
| 3 | Dilli Electric | 1,365 | 3.4% | −18.3% | −30.6% | −0.64pp |
| 4 | Mini Metro EV | 960 | 2.4% | −14.4% | −17.2% | +0.01pp |
| 5 | Energy Electric Vehicles | 866 | 2.2% | −19.7% | −27.3% | −0.29pp |
| 6 | Sahnianand E Vehicles | 862 | 2.1% | +0.8% | −2.6% | +0.33pp |
| 7 | Zeniak Innovation India | 844 | 2.1% | +8.3% | +0.8% | +0.38pp |
| 8 | Unique International Ev | 815 | 2.0% | −6.4% | −31.8% | −0.43pp |
| 9 | J. S. Auto | 802 | 2.0% | −10.3% | −14.3% | +0.07pp |
| 10 | Hotage India | 722 | 1.8% | +0.1% | −35.2% | −0.49pp |
| 11 | Sks Trade India | 705 | 1.8% | −16.0% | −26.9% | −0.23pp |
| 12 | Terra Motors India | 682 | 1.7% | −16.8% | −17.7% | −0.01pp |
| 13 | Aahana Commerce | 674 | 1.7% | +11.6% | +93.1% | +0.96pp |
| 14 | Khalsae-Vehicles | 610 | 1.5% | +4.6% | −31.2% | −0.30pp |
| 15 | Daksh Industry | 592 | 1.5% | −9.6% | −1.0% | +0.25pp |
| All others (466 makers) | 24,957 | 62.2% |
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 September
The same table over 2025 to September, set against the same months of 2024.
| # | Manufacturer | Units | Share | vs 2024 | Volume YoY |
|---|---|---|---|---|---|
| 1 | YC Electric | 31,241 | 7.93% | +0.01pp | −0.9% |
| 2 | Saera Electric | 17,985 | 4.56% | −0.80pp | −15.8% |
| 3 | Dilli Electric | 14,853 | 3.77% | −0.60pp | −14.5% |
| 4 | Energy Electric Vehicles | 9,470 | 2.40% | −0.06pp | −3.4% |
| 5 | Mini Metro EV | 9,316 | 2.36% | −0.34pp | −13.5% |
| 6 | Sahnianand E Vehicles | 8,862 | 2.25% | +0.55pp | +31.1% |
| 7 | Unique International Ev | 8,436 | 2.14% | −0.46pp | −18.5% |
| 8 | J. S. Auto | 8,305 | 2.11% | +0.08pp | +2.7% |
| 9 | Sks Trade India | 7,287 | 1.85% | −0.17pp | −9.1% |
| 10 | Hotage India | 7,114 | 1.81% | −0.63pp | −26.5% |
| 11 | Zeniak Innovation India | 7,006 | 1.78% | +0.75pp | +70.8% |
| 12 | Terra Motors India | 6,715 | 1.70% | +0.05pp | +2.2% |
| 13 | Champion Poly Plast | 6,056 | 1.54% | −0.58pp | −28.0% |
| 14 | Khalsae-Vehicles | 5,941 | 1.51% | −0.30pp | −17.5% |
| 15 | Mahindra Last Mile | 5,863 | 1.49% | −0.65pp | −31.0% |
Frequently asked questions
How many e-rickshaws were sold in India in September 2025?
Which company sold the most e-rickshaws in September 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.
