Three-Wheeler Sales 2024: Bajaj Auto Leads, 12,64,087 Units, Up 10.3% YoY
Every three-wheeler registered in India over CY 2024 — January 2024 to December 2024. The calendar year, January to December. Month-by-month volumes, the manufacturer leaderboard, how the segment moved against the rest of the market, and the same window in every earlier year on record.
Three-Wheeler sales month by month, CY 2024
India's three-wheeler market registered 12,64,087 three-wheelers in CY 2024. Volumes rose 10.3% against the 11,45,619 logged over the same 12 months of CY 2023.
October was the strongest month of the period at 1,27,373 three-wheelers and April the quietest at 82,925, an average of 1,05,341 a month. 11 of those 12 months grew on the same month a year earlier.
CY 2024 ran from January 2024 to December 2024 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of CY 2023.
Three-wheelers accounted for 4.6% of everything registered in India over the period, up from 4.6% in CY 2023. The whole market ran to 2,72,37,413 vehicles over the same window, up 9.1% year on year.
Three-Wheeler registrations by month — CY 2024 vs CY 2023
Vahan retail registrations, each month set against the same month a year earlier.
Every completed month of CY 2024, with the matching month of CY 2023 beside it.
| Month | CY 2024 units | CY 2023 units | YoY | Share of period |
|---|---|---|---|---|
| January 2024 | 1,02,993 | 74,377 | +38.5% | 8.1% |
| February 2024 | 99,077 | 79,718 | +24.3% | 7.8% |
| March 2024 | 1,08,338 | 93,848 | +15.4% | 8.6% |
| April 2024 | 82,925 | 76,862 | +7.9% | 6.6% |
| May 2024 | 1,01,308 | 85,260 | +18.8% | 8.0% |
| June 2024 | 98,058 | 93,137 | +5.3% | 7.8% |
| July 2024 | 1,14,960 | 1,01,825 | +12.9% | 9.1% |
| August 2024 | 1,09,059 | 1,08,269 | +0.7% | 8.6% |
| September 2024 | 1,10,566 | 1,09,639 | +0.8% | 8.7% |
| October 2024 | 1,27,373 | 1,14,332 | +11.4% | 10.1% |
| November 2024 | 1,12,941 | 1,07,248 | +5.3% | 8.9% |
| December 2024 | 96,489 | 1,01,104 | −4.6% | 7.6% |
Each month links through to its own full report.
Which manufacturer sold the most, CY 2024
Bajaj Auto led the period with 4,74,456 registrations, up 9.2% on CY 2023. Piaggio follows on 97,524, 3,76,932 behind — a gap of 4.87x.
The fastest riser in the top 15 was Mahindra Last Mile, up 463.1% to 74,718, while Champion Poly Plast was down 24.7% at 11,199.
Volumes here are registrations inside the segment only, counted with Vahan's own vehicle-class filter, so each is the manufacturer's three-wheeler volume over CY 2024. Companies that file electric models under a maker of their own appear as separate rows.
Top manufacturers by registrations — CY 2024
Registrations inside the segment (three-wheelers only).
Exact registrations over January 2024 to December 2024, with the change against CY 2023.
| # | Manufacturer | CY 2024 units | Share of three-wheelers | vs CY 2023 |
|---|---|---|---|---|
| 1 | Bajaj Auto | 4,74,456 | 37.53% | +9.2% |
| 2 | Piaggio | 97,524 | 7.71% | +2.9% |
| 3 | Mahindra Last Mile | 74,718 | 5.91% | +463.1% |
| 4 | YC Electric | 43,970 | 3.48% | +7.7% |
| 5 | Saera Electric | 28,313 | 2.24% | −3.5% |
| 6 | Atul Auto | 27,082 | 2.14% | +20.2% |
| 7 | Dilli Electric | 25,037 | 1.98% | −0.2% |
| 8 | TVS Motor | 24,275 | 1.92% | +35.2% |
| 9 | Mini Metro EV | 14,749 | 1.17% | −7.6% |
| 10 | Unique International Ev | 13,705 | 1.08% | +1.0% |
| 11 | Energy Electric Vehicles | 13,386 | 1.06% | +20.8% |
| 12 | Hotage India | 12,491 | 0.99% | −2.7% |
| 13 | J. S. Auto | 11,581 | 0.92% | −5.9% |
| 14 | Champion Poly Plast | 11,199 | 0.89% | −24.7% |
| 15 | Sks Trade India | 10,967 | 0.87% | +8.7% |
Three-Wheeler sales against the rest of the market
Set against the rest of the market, three-wheelers outgrew the national picture over CY 2024: +10.3% against +9.1% for every vehicle registered in India.
The table covers every segment Vahan reports over the same 12-month window, so the comparison is like for like — the same months, the same source, on both sides.
Three-Wheeler share of the Indian market, month by month
Three-wheelers as a percentage of every vehicle registered that month.
Exact segment volumes over January 2024 to December 2024.
| Segment | CY 2024 units | Share | vs CY 2023 |
|---|---|---|---|
| Two-Wheelers | 1,96,48,497 | 72.14% | +11.0% |
| Cars & UVs | 39,00,386 | 14.32% | +3.5% |
| Three-Wheelers | 12,64,087 | 4.64% | +10.3% |
| Tractors | 9,10,951 | 3.34% | +2.1% |
| Goods Carriers | 8,64,152 | 3.17% | −3.2% |
| Taxis & Cabs | 3,29,510 | 1.21% | +30.5% |
| Other classes | 2,06,374 | 0.76% | −3.4% |
| Buses | 1,13,456 | 0.42% | +28.3% |
What three-wheelers run on
Vahan splits a segment by fuel only across a whole calendar year, so this table covers full-year 2024 rather than CY 2024 alone — it is exact for that window.
Electric accounts for 55.0% of three-wheeler registrations over full-year 2024, with battery-electric at 55.0%.
Three-Wheeler registrations by fuel — full-year 2024
The full-year 2024 mix.
| Fuel | 2024 units | Share | vs full-year 2023 |
|---|---|---|---|
| Electric | 6,94,971 | 54.98% | +3.83pp |
| CNG / LPG | 4,06,883 | 32.19% | −2.49pp |
| Diesel | 1,50,855 | 11.93% | −0.97pp |
| Petrol | 11,181 | 0.88% | −0.35pp |
| Other | 197 | 0.02% | −0.02pp |
Three-Wheeler sales, year by year
Across the 2 completed windows in our Vahan record, three-wheeler registrations went from 12,64,087 in CY 2024 to 13,63,074 in CY 2025, up 7.8% over the stretch.
CY 2026 is still running — 9 of its 12 months are counted — so it is a part window and is never set against a full one. Its year-on-year figure compares only the months it actually holds.
Three-Wheeler registrations by calendar year
* window still in progress.
| Period | Months | Units | YoY |
|---|---|---|---|
| CY 2026 (to date) | 9 | 11,13,230 | +16.0% |
| CY 2025 | 12 | 13,63,074 | +7.8% |
| CY 2024 | 12 | 12,64,087 | +10.3% |
Each row compares only the months that window holds, so a part period is never set against a full one.
Where the demand was
State-level volumes for a single segment come from a calendar-year table, so the figures below cover full-year 2024. Uttar Pradesh leads with 3,10,598 registrations, 24.6% of the segment.
| # | State | Units | Share |
|---|---|---|---|
| 1 | Uttar Pradesh | 3,10,598 | 24.6% |
| 2 | Bihar | 1,20,802 | 9.6% |
| 3 | Maharashtra | 87,257 | 6.9% |
| 4 | Gujarat | 81,762 | 6.5% |
| 5 | Assam | 74,355 | 5.9% |
| 6 | Karnataka | 73,745 | 5.8% |
| 7 | Tamil Nadu | 55,033 | 4.4% |
| 8 | Madhya Pradesh | 52,137 | 4.1% |
| 9 | Rajasthan | 48,615 | 3.8% |
| 10 | Delhi | 46,386 | 3.7% |
| 11 | Telangana | 43,230 | 3.4% |
| 12 | Andhra Pradesh | 39,645 | 3.1% |
Frequently asked questions
How many three-wheelers were sold in India in CY 2024?
What period does CY 2024 cover?
Which manufacturer sold the most three-wheelers in CY 2024?
Which was the strongest month for three-wheeler sales in CY 2024?
What share of the Indian market were three-wheelers in CY 2024?
Which calendar year had the highest three-wheeler sales?
Are these retail sales or factory dispatches?
Three-Wheeler sales, other periods
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.
