Greaves Electric Vahan retail registrations

Greaves Electric Sales March 2026: 7,978 Units, +38.0% YoY

Full Vahan registration report for Greaves Electric in March 2026 — total volume, year-on-year and month-on-month change, where it ranks against every other manufacturer, and the segment and fuel mix behind the number.

7,978
March 2026 registrations
+38.0%
Year on year
+67.5%
Month on month
0.3%
Share of all registrations
+0.02pp YoY
26th
Rank among all makers, March 2026
18,160
2026 year to date
+36.4% YoY

Greaves Electric in March 2026

Greaves Electric registered 7,978 vehicles in India in March 2026. Volume climbed sharply 38.0% against March 2025 and shot up 67.5% against February. Its best month on record remains June 2026 at 10,940.

Of those, 7,978 were two-wheelers, +38.0% on March 2025. That figure is exact: it is counted with Vahan's own vehicle-class filter rather than worked out from the company total.

That put Greaves Electric 26th among every manufacturer registering vehicles in India in March 2026, behind John Deere on 8,082 and ahead of MG Motor on 7,219.

Measured against every vehicle registered in India that month — all segments, all fuels — that is 0.3% of the market, +0.02pp against March 2025.

Across 2026 to date — the 3 months of the year that have closed — the company has registered 18,160 vehicles, +36.4% on the same months of 2025.

Greaves Electric monthly registrations

Every calendar year on record, month by month. The dashed end of the current year is the month so far.

What Greaves Electric sells

100.00% of everything Greaves Electric has registered in 2026 is in two-wheelers, and the company holds 0.4% of that segment nationally. Other vehicles is next at 0.0%.

This split is the calendar year to date and cannot be cut to a single month: our Vahan data holds a manufacturer's volume by month, and its volume by vehicle class, but not the two together. Multiplying them would be a guess, so the table stays on the axis where the number is exact.

Greaves Electric by segment, 2026

Calendar year to date — exact, but with no month axis.

Greaves Electric by segment — 2026 year to date
Segment 2026 units Share of company Share of segment
Two-Wheelers 77,582 100.00% 0.4%
Other 1 0.0% 0.0%

"Share of segment" is this company against every other manufacturer in the same segment, over the same months.

Fuel mix

100.00% of Greaves Electric's 2026 registrations are battery electric — 77,583 vehicles, against 100.00% in 2025.

Fuel, like segment, is published against the manufacturer for the whole year rather than by month, so these shares are 2026 to date. Hybrids are counted separately from battery electrics.

Greaves Electric by fuel — 2026 year to date
Fuel 2026 units Share vs 2025
Electric 77,583 100.00% 0.00pp

Every manufacturer, March 2026

Ranked on total registrations across every vehicle type, which is the finest manufacturer split our Vahan data holds with a month axis. Two-wheeler makers therefore sit above carmakers selling far more value — this is a count of vehicles, not of revenue.

Manufacturer leaderboard — March 2026
# Manufacturer Mar 2026 Share of market
1 Hero MotoCorp 5,52,971 19.6%
2 Honda 2W (HMSI) 4,93,430 17.5%
3 TVS Motor 3,94,870 14.0%
4 Bajaj Auto 2,69,788 9.6%
5 Maruti Suzuki 1,85,361 6.6%
6 Mahindra & Mahindra 1,31,081 4.6%
7 Tata Motors 1,09,005 3.9%
8 Suzuki 2W 1,02,489 3.6%
9 Royal Enfield 1,01,453 3.6%
10 Yamaha India 67,649 2.4%
24 TAFE 8,632 0.3%
25 John Deere 8,082 0.3%
26 Greaves Electric 7,978 0.3%
27 MG Motor 7,219 0.3%
28 Honda Cars 6,013 0.2%

Greaves Electric month by month

The last 15 months on record. The year-on-year column compares each month against the same month a year earlier; the running month is left without one.

Greaves Electric monthly registrations
Month Registrations YoY
October 2026 (live) 5,690 —
September 2026 9,318 +114.1%
August 2026 8,626 +88.9%
July 2026 10,135 +137.6%
June 2026 10,940 +153.8%
May 2026 7,703 +78.1%
April 2026 7,011 +71.7%
March 2026 7,978 +38.0%
February 2026 4,762 +24.9%
January 2026 5,420 +45.8%
December 2025 4,849 +67.2%
November 2025 5,893 +25.9%
October 2025 7,743 +89.5%
September 2025 4,352 +53.5%
August 2025 4,567 +56.5%

Frequently asked questions

How many vehicles did Greaves Electric sell in March 2026?
7,978 Greaves Electric vehicles were registered in India in March 2026, +38.0% against March 2025 and +67.5% against February. Across 2026 to date the total is 18,160 vehicles, +36.4% on the same 3 months a year earlier.
Where does Greaves Electric rank in March 2026?
26th among every manufacturer registering vehicles in India in March 2026, with 0.3% of all registrations that month. The ranking counts a company's total across every vehicle type it sells, which is the finest manufacturer split our Vahan data holds with a month axis.
What does Greaves Electric mostly sell?
100.00% of Greaves Electric's 2026 registrations are two-wheelers. Our Vahan data holds that split for the calendar year rather than by month, so it is a year-to-date figure, not the volume inside one segment for one month.
How many of Greaves Electric's vehicles are electric?
77,583 of Greaves Electric's 77,583 registrations in 2026 are battery electric — 100.00% of its book.
Are these retail sales or factory dispatches?
Retail. Every figure on this page is a vehicle registration recorded on the Ministry of Road Transport and Highways' Vahan 4 dashboard — a vehicle counts when a buyer registers it at an RTO. Manufacturers announce wholesale dispatches to dealers each month, which is a different and usually larger number.

Greaves Electric 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.

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.

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