Electric Three-Wheeler Sales April 2026: Mahindra Last Mile Leads With 33.6% Share
Every electric three-wheeler registered in India in April 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 April went
India registered 29,212 electric three-wheelers in April 2026, +86.7% on April 2025 and +6.4% on March.
Across the 4 completed months of 2026 to April, 1,05,134 electric three-wheelers have been registered, +68.8% on the same months of 2025.
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 2026
Mahindra Last Mile led the month with 9,827 registrations — 33.6% of the electric three-wheeler market — ahead of Bajaj Auto on 9,696 (33.2%), a gap of 131 units. That is a change at the top: Bajaj Auto led March.
TVS Motor has gained the most share against April 2025, +3.28pp to 11.0%; Piaggio has lost the most, −3.24pp to 4.1%.
The top three hold 77.9% of the segment; 92 manufacturers registered at least one electric three-wheeler.
Top 10 electric three-wheeler makers, April 2026
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 2026 | Share | MoM | YoY | Share vs Apr 2025 |
|---|---|---|---|---|---|---|
| 1 | Mahindra Last Mile | 9,827 | 33.6% | +10.7% | +93.4% | +1.15pp |
| 2 | Bajaj Auto | 9,696 | 33.2% | +8.0% | +73.4% | −2.55pp |
| 3 | TVS Motor | 3,226 | 11.0% | +9.3% | +165.7% | +3.28pp |
| 4 | Piaggio | 1,193 | 4.1% | +5.0% | +4.2% | −3.24pp |
| 5 | YC Electric | 715 | 2.4% | +23.1% | +71400.0% | +2.44pp |
| 6 | Saera Electric | 613 | 2.1% | +16.8% | +20333.3% | +2.08pp |
| 7 | Omega Seiki | 483 | 1.7% | −41.8% | +0.4% | −1.42pp |
| 8 | Euler Motors | 469 | 1.6% | +8.3% | +25.1% | −0.79pp |
| 9 | Dilli Electric | 451 | 1.5% | +4.6% | +478.2% | +1.05pp |
| 10 | Mini Metro EV | 385 | 1.3% | +76.6% | +19150.0% | +1.31pp |
| 11 | Ti Clean Mobility | 365 | 1.2% | −26.3% | −26.9% | −1.94pp |
| 12 | Unique International Ev | 227 | 0.8% | +54.4% | +22600.0% | +0.77pp |
| 13 | Atul Auto | 164 | 0.6% | −50.3% | +67.3% | −0.07pp |
| 14 | Daksh Industry | 163 | 0.6% | +17.3% | +3975.0% | +0.53pp |
| 15 | Khalsae-Vehicles | 107 | 0.4% | +33.8% | +568.8% | +0.26pp |
| All others (77 makers) | 1,128 | 3.9% |
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, 2026 to April
The same table over 2026 to April, set against the same months of 2025.
| # | Manufacturer | Units | Share | vs 2025 | Volume YoY |
|---|---|---|---|---|---|
| 1 | Bajaj Auto | 35,814 | 34.07% | +0.15pp | +69.6% |
| 2 | Mahindra Last Mile | 32,847 | 31.24% | −3.96pp | +49.8% |
| 3 | TVS Motor | 11,466 | 10.91% | +7.07pp | +379.9% |
| 4 | Piaggio | 4,232 | 4.03% | −4.72pp | −22.2% |
| 5 | Omega Seiki | 3,104 | 2.95% | −1.42pp | +14.1% |
| 6 | YC Electric | 2,234 | 2.12% | +2.09pp | +9208.3% |
| 7 | Saera Electric | 2,091 | 1.99% | +1.95pp | +8264.0% |
| 8 | Ti Clean Mobility | 2,009 | 1.91% | −1.50pp | −5.5% |
| 9 | Euler Motors | 1,676 | 1.59% | −0.61pp | +22.0% |
| 10 | Dilli Electric | 1,566 | 1.49% | +0.92pp | +344.9% |
| 11 | Atul Auto | 1,177 | 1.12% | +0.42pp | +171.8% |
| 12 | Mini Metro EV | 879 | 0.84% | +0.78pp | +2341.7% |
| 13 | Daksh Industry | 574 | 0.55% | +0.51pp | +2770.0% |
| 14 | Green Evolve | 553 | 0.53% | +0.25pp | +223.4% |
| 15 | Unique International Ev | 418 | 0.40% | +0.39pp | +13833.3% |
Frequently asked questions
How many electric three-wheelers were sold in India in April 2026?
Which company sold the most electric three-wheelers in April 2026?
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.
