Electric Three-Wheeler Sales April 2025: Bajaj Auto Leads With 35.7% Share
Every electric three-wheeler registered in India in April 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 April went
India registered 15,644 electric three-wheelers in April 2025, +149.1% on April 2024 and −4.9% on March.
Across the 4 completed months of 2025 to April, 62,270 electric three-wheelers have been registered, +40.9% on the same months of 2024.
Monthly electric three-wheeler registrations, 2024–2026
One line per calendar year. A month still filling is left off the line.
Electric Three-Wheeler market share, April 2025
Bajaj Auto led the month with 5,591 registrations — 35.7% of the electric three-wheeler market — ahead of Mahindra Last Mile on 5,082 (32.5%), a gap of 509 units. That is a change at the top: Mahindra Last Mile led March.
Bajaj Auto has gained the most share against April 2024, +15.36pp to 35.7%; Piaggio has lost the most, −4.29pp to 7.3%.
The top three hold 76.0% of the segment; 82 manufacturers registered at least one electric three-wheeler.
Top 10 electric three-wheeler makers, April 2025
Electric three-wheeler registrations only — every other vehicle type these companies make is excluded.
Share is of every electric three-wheeler 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 | Apr 2025 | Share | MoM | YoY | Share vs Apr 2024 |
|---|---|---|---|---|---|---|
| 1 | Bajaj Auto | 5,591 | 35.7% | +3.7% | +336.8% | +15.36pp |
| 2 | Mahindra Last Mile | 5,082 | 32.5% | −15.7% | +122.1% | −3.95pp |
| 3 | TVS Motor | 1,214 | 7.8% | +65.4% | +3272.2% | +7.19pp |
| 4 | Piaggio | 1,145 | 7.3% | −19.5% | +57.1% | −4.29pp |
| 5 | Ti Clean Mobility | 499 | 3.2% | −7.2% | +158.5% | +0.12pp |
| 6 | Omega Seiki | 481 | 3.1% | −7.7% | +57.2% | −1.80pp |
| 7 | E Royce Motors India | 405 | 2.6% | +432.9% | +76.1% | −1.07pp |
| 8 | Euler Motors | 375 | 2.4% | −9.6% | +100.5% | −0.58pp |
| 9 | Atul Greentech | 134 | 0.9% | −40.4% | +204.5% | +0.16pp |
| 10 | Atul Auto | 98 | 0.6% | −5.8% | −40.2% | −1.99pp |
| 11 | Dilli Electric | 78 | 0.5% | −26.4% | +56.0% | −0.30pp |
| 12 | Thukral Electric Bikes | 71 | 0.5% | −19.3% | +1675.0% | +0.39pp |
| 13 | Raja Arts Hitech Engineering | 37 | 0.2% | −2.6% | — | +0.24pp |
| 14 | Godawari Electric Motors | 26 | 0.2% | −23.5% | −16.1% | −0.33pp |
| 15 | Mahindra Electric Mobility | 25 | 0.2% | +78.6% | +108.3% | −0.03pp |
| All others (67 makers) | 383 | 2.4% |
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 electric three-wheeler market for the six largest makers this month, over the last 15 completed months.
Electric Three-Wheeler market share by month
Share of the segment each month, in per cent.
Market share, 2025 to April
The same table over 2025 to April, set against the same months of 2024.
| # | Manufacturer | Units | Share | vs 2024 | Volume YoY |
|---|---|---|---|---|---|
| 1 | Mahindra Last Mile | 21,922 | 35.20% | +0.12pp | +41.4% |
| 2 | Bajaj Auto | 21,120 | 33.92% | +16.68pp | +177.2% |
| 3 | Piaggio | 5,443 | 8.74% | −9.98pp | −34.2% |
| 4 | Omega Seiki | 2,720 | 4.37% | −3.43pp | −21.1% |
| 5 | TVS Motor | 2,389 | 3.84% | +3.66pp | +2962.8% |
| 6 | Ti Clean Mobility | 2,127 | 3.42% | −0.57pp | +20.9% |
| 7 | Euler Motors | 1,374 | 2.21% | −1.19pp | −8.5% |
| 8 | Atul Greentech | 666 | 1.07% | +0.64pp | +254.3% |
| 9 | E Royce Motors India | 663 | 1.06% | +0.53pp | +182.1% |
| 10 | Atul Auto | 433 | 0.70% | −0.53pp | −20.3% |
| 11 | Dilli Electric | 352 | 0.57% | −0.76pp | −39.7% |
| 12 | Thukral Electric Bikes | 330 | 0.53% | +0.45pp | +816.7% |
| 13 | 3EV Industries | 201 | 0.32% | +0.21pp | +294.1% |
| 14 | Zenmo | 192 | 0.31% | +0.31pp | — |
| 15 | Kinetic Green | 188 | 0.30% | −0.14pp | −3.1% |
Frequently asked questions
How many electric three-wheelers were sold in India in April 2025?
Which company sold the most electric three-wheelers in April 2025?
What is the electric three-wheeler market share of each brand?
How are these numbers measured?
Electric Three-Wheeler 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.
