Electric Three-Wheeler Sales June 2025: Mahindra Last Mile Leads With 36.5% Share
Every electric three-wheeler registered in India in June 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 June went
India registered 18,589 electric three-wheelers in June 2025, +79.5% on June 2024 and +6.0% on May.
Across the 6 completed months of 2025 to June, 98,392 electric three-wheelers have been registered, +52.3% on the same months of 2024.
Monthly electric three-wheeler registrations, 2023–2026
One line per calendar year. The dashed end of the current year is the month so far.
Electric Three-Wheeler market share, June 2025
Mahindra Last Mile led the month with 6,777 registrations — 36.5% of the electric three-wheeler market — ahead of Bajaj Auto on 6,599 (35.5%), a gap of 178 units. That is a change at the top: Bajaj Auto led May.
TVS Motor has gained the most share against June 2024, +8.89pp to 9.1%; Piaggio has lost the most, −7.21pp to 5.8%.
The top three hold 81.0% of the segment; 80 manufacturers registered at least one electric three-wheeler.
Top 10 electric three-wheeler makers, June 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 | Jun 2025 | Share | MoM | YoY | Share vs Jun 2024 |
|---|---|---|---|---|---|---|
| 1 | Mahindra Last Mile | 6,777 | 36.5% | +12.8% | +76.5% | −0.63pp |
| 2 | Bajaj Auto | 6,599 | 35.5% | +3.7% | +118.1% | +6.27pp |
| 3 | TVS Motor | 1,688 | 9.1% | +4.7% | — | +8.89pp |
| 4 | Piaggio | 1,074 | 5.8% | +3.1% | −20.1% | −7.21pp |
| 5 | Ti Clean Mobility | 483 | 2.6% | −2.6% | +26.1% | −1.10pp |
| 6 | Omega Seiki | 470 | 2.5% | +0.0% | +23.4% | −1.15pp |
| 7 | Euler Motors | 264 | 1.4% | −26.3% | +22.8% | −0.66pp |
| 8 | 3EV Industries | 232 | 1.2% | — | — | +1.25pp |
| 9 | E Royce Motors India | 154 | 0.8% | +7.7% | +28.3% | −0.33pp |
| 10 | Atul Auto | 110 | 0.6% | +26.4% | −13.4% | −0.63pp |
| 11 | Thukral Electric Bikes | 72 | 0.4% | +0.0% | +928.6% | +0.32pp |
| 12 | Atul Greentech | 70 | 0.4% | −46.2% | +94.4% | +0.03pp |
| 13 | Dilli Electric | 66 | 0.4% | +0.0% | −16.5% | −0.41pp |
| 14 | Baxy | 43 | 0.2% | +48.3% | +152.9% | +0.07pp |
| 15 | Evco Automobiles | 33 | 0.2% | +200.0% | +312.5% | +0.10pp |
| All others (65 makers) | 454 | 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 June
The same table over 2025 to June, set against the same months of 2024.
| # | Manufacturer | Units | Share | vs 2024 | Volume YoY |
|---|---|---|---|---|---|
| 1 | Mahindra Last Mile | 34,708 | 35.28% | −0.08pp | +52.0% |
| 2 | Bajaj Auto | 34,083 | 34.64% | +14.17pp | +157.8% |
| 3 | Piaggio | 7,559 | 7.68% | −9.36pp | −31.3% |
| 4 | TVS Motor | 5,689 | 5.78% | +5.60pp | — |
| 5 | Omega Seiki | 3,660 | 3.72% | −2.70pp | −11.7% |
| 6 | Ti Clean Mobility | 3,106 | 3.16% | −0.67pp | +25.8% |
| 7 | Euler Motors | 1,996 | 2.03% | −1.02pp | +1.3% |
| 8 | E Royce Motors India | 960 | 0.98% | +0.43pp | +170.4% |
| 9 | Atul Greentech | 866 | 0.88% | +0.50pp | +249.2% |
| 10 | Atul Auto | 630 | 0.64% | −1.19pp | −46.7% |
| 11 | Dilli Electric | 484 | 0.49% | −0.84pp | −43.7% |
| 12 | Thukral Electric Bikes | 474 | 0.48% | +0.40pp | +811.5% |
| 13 | 3EV Industries | 433 | 0.44% | +0.36pp | +749.0% |
| 14 | Kinetic Green | 339 | 0.34% | −0.05pp | +34.0% |
| 15 | Zenmo | 239 | 0.24% | +0.14pp | +273.4% |
Frequently asked questions
How many electric three-wheelers were sold in India in June 2025?
Which company sold the most electric three-wheelers in June 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 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.
Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.
