Electric Three-Wheeler Goods Sales Report (December 2025): Mahindra, Bajaj, Omega Lead

Key Highlights

• Mahindra Last Mile Mobility leads December 2025 with 539 units.

• Bajaj Auto records strong 22.3% year-on-year growth.

• Omega Seiki posts the highest MoM growth at 153.6%.

• Euler Motors maintains steady growth with positive YoY and MoM.

• Overall E-3W goods demand remains stable despite MoM dips.

India’s electric three-wheeler (E-3W) goods L5 segment recorded steady activity in December 2025, with Mahindra Last Mile Mobility, Bajaj Auto, and Omega Seiki emerging as the top contributors. The latest OEM-wise sales trend highlights mixed month-on-month movement but clear year-on-year growth for key players.

Also Read: Electric Three-Wheeler Goods Sales Report (November 2025): Mahindra, Bajaj, and Atul Lead the Market

E-3W Goods L5 Sales Overview – December 2025

The chart shows registrations for December 2025, compared with November 2025 and December 2024, giving a clear view of both YoY and MoM performance. Sales data reflect registrations from 1401 out of 1459 RTOs across 35 out of 36 states/UTs, with Telangana data excluded.

Electric Three-Wheeler Goods L5 Sales – December 2025

Source: Vahan Dashboard (as of Jan 2, 2026). Telangana data not included. Data covers 1401 of 1459 RTOs across 35 of 36 States/UTs.

OEM-Wise Electric 3W Goods Sales Performance

Mahindra Last Mile Mobility

Mahindra remained the market leader in December 2025 with 539 units registered. The brand posted a strong 23.9% year-on-year growth, highlighting consistent demand. However, sales declined 10.8% month-on-month compared to November.

Bajaj Auto

Bajaj Auto recorded 450 units in December 2025. The company achieved 22.3% YoY growth, but registrations fell 17.6% MoM, indicating a short-term slowdown after strong November volumes.

Omega Seiki

Omega Seiki stood out with 317 units in December. The brand reported 12.4% YoY growth and a sharp 153.6% MoM rise, making it one of the fastest-growing players for the month.

Euler Motors

Euler Motors registered 251 units, delivering 16.2% YoY growth along with a positive 6.8% MoM increase, reflecting stable and improving momentum.

Atul Auto

Atul Auto posted 236 units in December 2025. While year-on-year comparison is not available, the company saw a 26.9% MoM decline, suggesting softer demand during the month.

Green Evolve

Green Evolve recorded 125 units, showing a 10.6% MoM growth. YoY growth figures were not specified, but the brand showed gradual improvement.

Market Insight

In December 2025, the electric three-wheeler goods market was clearly led by Mahindra Last Mile Mobility, Bajaj Auto, and Omega Seiki. While Mahindra and Bajaj continued to dominate in volumes, Omega Seiki and Euler Motors showed notable momentum gains. Overall, the data reflects growing competition and steady adoption of electric cargo three-wheelers across India.

Also Read: Electric Passenger Three-Wheeler L5 Sales Report (December 2025): Bajaj, Mahindra, and TVS Lead the Market

CMV360 Says

December 2025 highlights a balanced E-3W goods market, where leadership remained stable, but growth momentum shifted toward emerging players. With improving infrastructure and rising demand for last-mile electric cargo solutions, the segment is expected to stay competitive in the coming months.