Three Wheeler Retail Sales increase by 78.57% in May 2023

The 3-wheeler category saw a remarkable growth of 78.57%, with 79,433 units sold in May 2023 as compared to 44,482 units sold in May 2022.

Bajaj has been leading the 3-wheeler market and has experienced a remarkable growth of 131.19% in sales, with 27,085 units sold in May 2023, as compared to 11,715 units sold in May 2022.

Piaggio reported significant growth of 19.80% in May 2023 (YoY), with 5,427 units sold in May 2023 as compared to 4,530 units sold in May 2022.

Y.C. Electric clocked in an impressive growth of 58.70% in May 2023 (YoY), with 3,244 units sold in May 2023, as opposed to 2,044 units sold in May 2022.

Mahindra experienced positive sales growth of 148.29% for May 2023, with 4,648 units sold in May 2023, as compared to 1,872 units sold in May 2022.

Mayuri saw a 45.55% rise (YoY) in its retail sales, with 2,061 units sold in May 2023, as compared to 1,416 units sold in May 2022.