Three-Wheeler Market Summary – October 2025
The 3-wheeler market posted a 31.0% month-on-month increase in October 2025, driven by GST benefits and festive-driven fleet replacements. Bajaj Auto led growth with a 46.6% jump, followed by Mahindra Last Mile Mobility, which expanded by 44.4%, and Piaggio Vehicles, which improved by 68.6%. The electric 3-wheeler segment rose by 15.7%, supported by strong performances from Mahindra, Bajaj, and Saera Electric, alongside steady upticks from TVS and Piaggio. The month signaled a broad-based revival across passenger and cargo applications, reinforcing the segment’s role as a front-runner in EV adoption.
Three-Wheeler EV Electric Share Comparison
Forecast Chart
Application Chart
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