05 Jul 2025
EV Shift Gains Pace, CNG Segment Sees 11% Decline
India’s electric three-wheeler (e-3W) market is rapidly advancing toward a new sales benchmark in CY2025. With 361,734 units sold between January and June, the segment has posted 15% year-on-year growth, solidifying its lead in the overall 3W category. As per Vahan data, this volume already constitutes 52% of CY2024’s record total of 691,302 units, signaling a strong possibility of surpassing the 700,000-unit milestone this year.
Key Highlights of India’s E-3W Sales Surge
Here are the standout figures that showcase the sector’s rapid growth and shifting market dynamics:
- 361,734 electric 3Ws sold in H1 CY2025, up from 313,964 units last year
- 60% share of total 3W sales (605,493 units, excluding Telangana)
- CNG 3W sales decline 11%, dropping to 155,022 units
- Legacy OEMs like Mahindra, Bajaj Auto, Piaggio, and TVS lead the market
- Top 5 e-3W OEMs account for 115,757 units, led by Mahindra Last Mile Mobility
- EVs contribute 34% to total EV sales in India (Jan–June 2025: 10,47,498 units)
Market Dynamics and Shifting Trends
The first half of CY2025 highlights a clear transition from internal combustion engine (ICE) to electric mobility. While diesel, petrol, and LPG-powered 3Ws posted mixed results, CNG vehicles have taken the biggest hit with a 5% drop in market share, due to fuel price hikes and rising cost of ownership.
In contrast, electric 3Ws are dominating with 60% market share, up from 55% in H1 CY2024, and are now viewed as a more cost-effective and sustainable option.
Top Electric 3Wheeler OEMs in H1 CY2025
Mahindra Last Mile Mobility (MLMM)
- Sales: 38,262 units (up 29% YoY)
- Market Share: 10.57%
- MLMM retains its top spot with models like Treo, Treo Zor, Zor Grand, and e-Alfa Plus, serving both cargo and passenger needs.
- Total sales since 2016: 221,874 units
Bajaj Auto
- Sales: 33,521 units (up 168% YoY)
- Market Share: 9.26%
- Powered by new GoGo e3W series, Bajaj has seen a sharp rise, nearly matching its full CY2024 sales in just six months.
YC Electric
- Sales: 21,057 units (up 5% YoY)
- Market Share: 5.82%
- Maintains its presence with five active models but has dropped to third place behind Bajaj.
Saera Auto
- Sales: 12,382 units (down 9% YoY)
- Market Share: 3.42%
- Manufacturer of Mayuri e-rickshaws; faces pressure from well-funded legacy OEMs.
Dilli Electric Auto
- Sales: 10,535 units (down 12% YoY)
- Market Share: 2.91%
- Known for the CityLife brand, the company is struggling to keep pace with market shifts.
Additional Players with Notable Performance
- Piaggio Vehicles: 7,357 units (down 32%)
- Mini Metro: 6,229 units (down 11%)
- Sahnianand E-Vehicles: 6,228 units (up 49%)
- TVS Motor Co: 5,624 units (new entrant)
- JS Auto: 5,753 units (up 9%)
- Unique International: 5,281 units (down 21%)
- Montra Electric (TI Green Mobility): 3,116 units (up 25%)
Statements from Industry Leaders
Rajesh Jejurikar, Executive Director, Auto & Farm Sectors, Mahindra & Mahindra, “Our focused investments in electric mobility, particularly in last-mile transport, are now yielding strong results. The Treo range and Zor Grand are reshaping e-3W adoption across India.”
Rakesh Sharma, Executive Director, Bajaj Auto, “With the GoGo series, we’ve redefined expectations in the e-3W category, blending technology and durability for real-world utility. The 168% growth reflects customer confidence and robust product design.”
Industry Shakeout: A Shift Toward Reliability
Much like the e-2W market, the e-3W segment is witnessing a shakeout where legacy players dominate with their established dealer networks, product quality, and financing support. Among the top 30 OEMs, 13 MSMEs saw YoY declines, suggesting that customers are increasingly preferring better-built vehicles from trusted brands.
Outlook for the Rest of CY2025
The second half of CY2025 includes the festive season, a period known for high retail momentum. If current trends continue or accelerate, India’s e-3W market is likely to surpass the 700,000-unit milestone, further eating into the ICE market share and moving closer to nationwide EV transition goals.
Conclusion
India’s electric 3-wheeler industry has reached a turning point. With over 3.6 lakh units sold in six months and leading OEMs stepping up, the segment is now at the forefront of the country’s EV revolution. The road ahead points toward stronger adoption, wider innovation, and cleaner mobility for millions of Indians.
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