Electric Truck & LCV Sales April 2026: Tata Motors Leads With 41.4% Share
Every electric goods vehicle 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 1,969 electric goods vehicles in April 2026, +202.5% on April 2025 and +1.0% on March.
Across the 4 completed months of 2026 to April, 7,118 electric goods vehicles have been registered, +189.0% on the same months of 2025.
Monthly electric goods vehicle registrations, 2024–2026
One line per calendar year. A month still filling is left off the line.
Electric Truck & LCV market share, April 2026
Tata Motors led the month with 815 registrations — 41.4% of the electric goods vehicle market — ahead of Euler Motors on 554 (28.1%), a gap of 261 units. Tata Motors also led March.
Euler Motors has gained the most share against April 2025, +21.99pp to 28.1%; Mahindra Last Mile has lost the most, −11.28pp to 14.5%.
The top three hold 84.1% of the segment; 24 manufacturers registered at least one electric goods vehicle.
Top 10 electric goods vehicle makers, April 2026
Electric goods vehicle registrations only — every other vehicle type these companies make is excluded.
Share is of every electric goods vehicle 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 | Tata Motors | 815 | 41.4% | −8.4% | +189.0% | −1.93pp |
| 2 | Euler Motors | 554 | 28.1% | +14.5% | +1285.0% | +21.99pp |
| 3 | Mahindra Last Mile | 286 | 14.5% | +5.9% | +70.2% | −11.28pp |
| 4 | Switch Mobility | 82 | 4.2% | −14.6% | +134.3% | −1.21pp |
| 5 | Tivolt Electric Vehicles | 81 | 4.1% | −5.8% | +800.0% | +2.73pp |
| 6 | VECV (Eicher) | 41 | 2.1% | +7.9% | +51.9% | −2.07pp |
| 7 | Energy In Motion | 34 | 1.7% | +142.9% | — | +1.73pp |
| 8 | Ipl Tech Electric | 22 | 1.1% | −4.3% | +4.8% | −2.11pp |
| 9 | Sany Heavy Industry India | 19 | 1.0% | +90.0% | — | +0.96pp |
| 10 | Qucev Technologies | 8 | 0.4% | +33.3% | — | +0.41pp |
| 11 | Mahindra | 5 | 0.3% | +25.0% | −37.5% | −0.97pp |
| 12 | Kinetic Motor Company | 4 | 0.2% | — | — | +0.20pp |
| 13 | Omega Seiki | 3 | 0.2% | −40.0% | — | +0.15pp |
| 14 | Bajaj Auto | 2 | 0.1% | — | — | +0.10pp |
| 15 | Jaidka Power Systems | 2 | 0.1% | +0.0% | −96.3% | −8.19pp |
| All others (9 makers) | 11 | 0.6% |
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 goods vehicle market for the six largest makers this month, over the last 15 completed months.
Electric Truck & LCV 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 | Tata Motors | 3,020 | 42.43% | −5.64pp | +155.1% |
| 2 | Euler Motors | 1,685 | 23.67% | +19.45pp | +1520.2% |
| 3 | Mahindra Last Mile | 1,041 | 14.62% | −9.33pp | +76.4% |
| 4 | Switch Mobility | 350 | 4.92% | −1.58pp | +118.8% |
| 5 | Tivolt Electric Vehicles | 292 | 4.10% | +3.21pp | +1227.3% |
| 6 | VECV (Eicher) | 180 | 2.53% | +1.11pp | +414.3% |
| 7 | Energy In Motion | 117 | 1.64% | +1.64pp | — |
| 8 | Sany Heavy Industry India | 94 | 1.32% | +1.32pp | — |
| 9 | Ipl Tech Electric | 81 | 1.14% | −1.05pp | +50.0% |
| 10 | Jupiter Electric Mobility | 41 | 0.58% | +0.58pp | — |
| 11 | Blue Energy Commercial Vehicles | 33 | 0.46% | +0.46pp | — |
| 12 | Qucev Technologies | 31 | 0.44% | +0.11pp | +287.5% |
| 13 | Propel Industries | 20 | 0.28% | −0.90pp | −31.0% |
| 14 | Mahindra | 19 | 0.27% | −0.87pp | −32.1% |
| 15 | Ashok Leyland | 16 | 0.22% | +0.02pp | +220.0% |
Frequently asked questions
How many electric goods vehicles were sold in India in April 2026?
Which company sold the most electric goods vehicles in April 2026?
What is the electric goods vehicle market share of each brand?
How are these numbers measured?
Electric Truck & LCV 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.
