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According to the May 2026 monthly report released by the Federation of Automobile Dealers Associations (FADA), three-wheeler retail sales in India stood at 1,11,526 units. This reflects 3.56% year-on-year growth, compared with 1,07,688 units sold in May 2025.
The May 2026 market witnessed mixed performance across OEMs. While traditional players such as Bajaj Auto, Mahindra Group, TVS Motor, Piaggio Vehicles, and Atul Auto continued to post healthy growth, several EV-focused brands experienced a decline amid rising competition and market consolidation.
Bajaj Auto remained the volume leader in the segment, while Mahindra Group and TVS Motor recorded strong growth supported by increasing demand for passenger and cargo mobility solutions.
Bajaj Auto retained its leadership position with 39,096 units sold in May 2026, compared to 37,374 units in May 2025, registering 4.61% YoY growth. The company continues to maintain its strong presence in the passenger three-wheeler segment across India.
Mahindra & Mahindra Group posted strong growth with 11,790 units, compared to 7,221 units, registering a 63.27% YoY increase. The brand continues to expand its footprint across both ICE and EV three-wheeler segments.
The company sold 11,765 units, up from 7,180 units, marking a 63.86% YoY growth. Its electric mobility portfolio continues to gain acceptance in urban and last-mile transportation markets.
The company reported 25 units, compared to 41 units in May 2025, reflecting a -39.02% YoY decline. Despite the lower volumes, it continues to maintain a niche presence in the market.
Piaggio Vehicles reported 7,749 units, up from 6,494 units, reflecting a 19.33% YoY growth. Its cargo-focused portfolio continues to support demand across commercial transportation applications.
TVS Motor delivered a strong performance with 5,931 units, compared to 3,551 units, registering a 67.03% YoY growth. The company's expanding portfolio and growing market reach continue to support its sales momentum.
Atul Auto recorded 2,564 units, up from 2,059 units, marking a 24.53% YoY growth. The company continues to benefit from steady demand across semi-urban and rural markets.
YC Electric reported 2,270 units, down from 3,678 units, reflecting a -38.28% YoY decline. The company continues to face intense competition within the electric three-wheeler segment.
Citylife Electric posted 1,501 units, compared to 1,735 units, showing a -13.49% YoY decline. Competitive market conditions have impacted the brand's sales performance.
Mayuri Electric recorded 1,458 units, down from 2,003 units, marking a -27.21% YoY decline. The brand continues to face pressure from larger and more established EV manufacturers.
J.S. Auto reported 1,179 units, compared to 1,028 units, reflecting a 14.69% YoY growth. The company maintained steady growth across its key operating regions.
The "Others Including EV" category stood at 37,988 units, down from 42,545 units, registering a -10.71% YoY decline. This segment remains highly fragmented, with numerous regional and emerging players contributing to overall industry volumes.
India's three-wheeler retail market maintained positive momentum in May 2026, recording a 3.56% YoY increase. Growth was primarily driven by strong performances from Mahindra Group, Mahindra Last Mile Mobility, TVS Motor, Piaggio Vehicles, Atul Auto, and Bajaj Auto.
However, declining sales among several EV-focused brands and the "Others Including EV" category highlight increasing competition and consolidation within the electric three-wheeler market.
Overall, the industry remains stable and competitive, supported by continued demand for passenger and cargo mobility solutions, along with the gradual adoption of electric three-wheelers across the country.
Disclaimer:
1- For the month of May’26 numbers for 3W category are not available for Telangana (TS).
2- Vehicle Retail Data has been collated as on 05.06.26 in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,464 out of 1,467 RTOs.
3- Others include OEMs accounting less than 1% Market Share.
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