1 month ago
India's Three-Wheeler Market Sees 48.6% EV Share in July
In July 2026, India sold 86,580 three-wheelers, almost half of them were electric.
Bajaj Auto sold the most overall, while Mahindra Last Mile Mobility led in electric sales.
Electric three-wheelers are cheaper to run and are becoming more popular because of better charging stations and lower costs.
The market is growing fast, and more people are choosing electric vehicles for both passenger and cargo use.
Experts say this trend will keep speeding up as technology and support improve.
Total three-wheeler registrations rose 26.4% to 86,580 units in July 2026.
Electric registrations increased 84.3% to 42,065 units, making up 48.6% of all sales.
Bajaj Auto remained the overall market leader with 41,998 registrations.
Mahindra Last Mile Mobility led electric sales with 12,848 units, narrowly ahead of Bajaj Auto.
Experts predict the market will reach about 90,000 units in July, with EV penetration rising to over 50% for passenger models.
- Who
- Indian three-wheeler manufacturers and commercial operators
- What
- July 2026 retail registrations with 48.6% electric share
- Where
- India
- When
- July 2026
- Why
- Economic advantages, improving infrastructure, and rising adoption of EVs
Key facts
- Total three-wheeler registrations
- 86,580 units
- Electric registrations
- 42,065 units (48.6%)
- Conventional registrations
- 44,515 units (51.4%)
- Bajaj Auto overall registrations
- 41,998 units
- Mahindra Last Mile Mobility EV registrations
- 12,848 units
Quotes
Hemal Thakkar
Senior Director at Crisil Intelligence
“"The July retail data marks an important milestone for India’s three‑wheeler industry. Nearly one in every two three‑wheelers sold today is electric, reflecting the compelling economics of EVs for commercial operators. As charging infrastructure, financing and product reliability improve, electrification will deepen further across both passenger and cargo applications."”
thehindubusinessline.com
“"Electrification continued to be the principal driver of industry growth, supported by favourable operating economics, lower running costs and rising adoption across both passenger and cargo applications."”
thehindubusinessline.com
Sources
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