Science & Tech · Gadgets & EVs · 13 hrs ago

Electric rickshaws take a growing share of India’s three-wheeler market

Electric rickshaws take a growing share of India’s three-wheeler market

Electric rickshaws are reshaping India’s three-wheeler market, with more than half of new three-wheelers sold in September powered by batteries.

The shift is visible in cities such as Hyderabad and Lucknow, where electric vehicles are replacing some traditional fuel-powered tuk-tuks.

Government subsidies, better vehicles and lower running costs have helped speed up adoption over the past two years.

Drivers can save on fuel, and analysts say those savings build quickly because rickshaws run for much of the day.

India is the world’s largest market for electric three-wheelers, while electric models made up a much smaller share of car and two-wheeler sales.

The change could also help reduce oil use in a country that imports most of its oil and natural gas.

Charging gaps and supply-chain disruptions remain obstacles: limited parking and charging make adoption harder in Mumbai, while China’s 2025 export restrictions on rare-earth magnets forced some Indian automakers to reduce or pause production.

The shift is uneven across India, and the sources give no specific next policy step.

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What people are saying

Suman MishraChief executive of Mahindra Last Mile Mobility
Our company has grown six times in its EV penetration in the last five years
via Straits Times
Afroz AlamElectric rickshaw driver in Hyderabad
Money is coming straight into my pocket
via Straits Times
Bidisha BhattacharyaChintan Research Foundation
Rickshaws, which operate continuously throughout the day, accumulate fuel savings rapidly
via Straits Times