Electric Three-Wheeler Sales December 2024: Mahindra Last Mile Leads With 36.5% Share
Every electric three-wheeler registered in India in December 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 December went
India registered 12,937 electric three-wheelers in December 2024, −27.7% on November.
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, December 2024
Mahindra Last Mile led the month with 4,719 registrations — 36.5% of the electric three-wheeler market — ahead of Bajaj Auto on 4,277 (33.1%), a gap of 442 units. Mahindra Last Mile also led November.
The top three hold 80.4% of the segment; 86 manufacturers registered at least one electric three-wheeler.
Top 10 electric three-wheeler makers, December 2024
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 | Dec 2024 | Share | MoM | YoY | Share vs Dec 2023 |
|---|---|---|---|---|---|---|
| 1 | Mahindra Last Mile | 4,719 | 36.5% | −25.5% | — | — |
| 2 | Bajaj Auto | 4,277 | 33.1% | −31.6% | — | — |
| 3 | Piaggio | 1,403 | 10.8% | −44.0% | — | — |
| 4 | Ti Clean Mobility | 448 | 3.5% | −36.2% | — | — |
| 5 | Omega Seiki | 395 | 3.1% | −16.8% | — | — |
| 6 | E Royce Motors India | 322 | 2.5% | +155.6% | — | — |
| 7 | Euler Motors | 248 | 1.9% | −20.8% | — | — |
| 8 | Atul Greentech | 133 | 1.0% | +11.8% | — | — |
| 9 | Ravi Metal Works | 113 | 0.9% | — | — | — |
| 10 | Atul Auto | 103 | 0.8% | −10.4% | — | — |
| 11 | TVS Motor | 103 | 0.8% | +3.0% | — | — |
| 12 | Thukral Electric Bikes | 76 | 0.6% | −8.4% | — | — |
| 13 | Dilli Electric | 54 | 0.4% | −52.6% | — | — |
| 14 | R3 Enterprises | 48 | 0.4% | +60.0% | — | — |
| 15 | Mlr Auto | 40 | 0.3% | −27.3% | — | — |
| All others (71 makers) | 455 | 3.5% |
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 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, full year 2024
The same table over full year 2024, set against the same months of 2023.
| # | Manufacturer | Units | Share | vs 2023 | Volume YoY |
|---|---|---|---|---|---|
| 1 | Mahindra Last Mile | 55,705 | 36.07% | — | — |
| 2 | Bajaj Auto | 43,605 | 28.23% | — | — |
| 3 | Piaggio | 22,109 | 14.32% | — | — |
| 4 | Omega Seiki | 6,996 | 4.53% | — | — |
| 5 | Ti Clean Mobility | 6,021 | 3.90% | — | — |
| 6 | Euler Motors | 3,722 | 2.41% | — | — |
| 7 | Atul Auto | 1,955 | 1.27% | — | — |
| 8 | Dilli Electric | 1,449 | 0.94% | — | — |
| 9 | Altigreen Propulsion Labs | 1,200 | 0.78% | — | — |
| 10 | Mahindra | 1,020 | 0.66% | — | — |
| 11 | Keto Motors | 893 | 0.58% | — | — |
| 12 | E Royce Motors India | 807 | 0.52% | — | — |
| 13 | Atul Greentech | 775 | 0.50% | — | — |
| 14 | Ravi Metal Works | 665 | 0.43% | — | — |
| 15 | TVS Motor | 559 | 0.36% | — | — |
Frequently asked questions
How many electric three-wheelers were sold in India in December 2024?
Which company sold the most electric three-wheelers in December 2024?
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.
