Three-Wheeler Market Summary – July 2025
In July 2025, the 3W EV segment saw dynamic shifts. TVS Motor posted explosive growth, signaling its aggressive entry into the electric space. Bajaj Auto doubled its EV volumes (+106%), reinforcing its leadership, while Mahindra maintained strong momentum with a solid 40% rise. In contrast, legacy EV players like Dilli Electric and Saera saw double-digit declines, losing ground to better-positioned competitors. Mini Metro and Omega Seiki also slipped, highlighting increased pressure in the cargo-focused segment. The trend points to a market consolidating around high-volume, well-capitalized OEMs with broader product reach and stronger channel presence.
Three-Wheeler EV Electric Share Comparison
Forecast Chart
Application Chart
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