Electric Three-Wheeler Goods Sales Report (October 2025): Mahindra, Bajaj, and Omega Lead the Market

Key Highlights

• Mahindra Last Mile Mobility leads the E-3W goods segment with 614 units.

• Bajaj Auto records minor month-on-month growth at 2.4%.

• Atul Auto posts the highest MoM growth at 142.9%.

• Omega Seiki maintains third position despite a slight dip.

• Green Evolve continues its gradual market expansion.

In October 2025, the electric three-wheeler (E-3W) goods segment in India recorded strong performance with Mahindra Last Mile Mobility, Bajaj Auto, and Omega Seiki leading the market. The data, sourced from the Vahan Dashboard as of November 2, 2025, covers registrations from 1400 out of 1458 RTOs across 35 out of 36 states and UTs (excluding Telangana).

Also Read: Electric Three-Wheeler Goods Sales: September 2025 Trends by OEM

E-3W Goods L5 Sales Overview (October 2025)

The latest sales figures show a mixed trend among key manufacturers. Mahindra Last Mile Mobility continued to lead the E-3W L5 category, followed by Bajaj Auto and Omega Seiki. Several brands recorded notable month-on-month improvements, signaling growing demand for electric load carriers in India.

Brand-Wise Performance Analysis

Mahindra Last Mile Mobility (MLMM)

Mahindra Last Mile Mobility topped the segment with 614 units sold in October 2025. While sales dropped 16% year-on-year, the company achieved a strong 27.9% month-on-month growth, showing its stable dominance in the E-3W goods market.

Bajaj Auto

Bajaj Auto secured the second position with 464 units, a modest 2.4% MoM growth. However, its year-on-year numbers dipped by 21.1% compared to October 2024. Despite the decline, Bajaj maintains a strong foothold in the category.

Omega Seiki

Omega Seiki registered 335 units, showing a slight 2.6% decline MoM and 7.2% drop YoY. Although growth slowed, the brand remains one of the top three players in India’s electric cargo three-wheeler space.

Euler Motors

Euler Motors sold 242 units in October 2025, marking a 9.5% month-on-month rise. However, its year-on-year performance fell sharply by 38.9%, indicating a need for recovery in the upcoming months.

Atul Auto

Atul Auto showed remarkable improvement with 153 units sold, achieving 115.5% YoY and 142.9% MoM growth. This makes Atul one of the fastest-growing brands in the E-3W goods category.

Green Evolve

Green Evolve registered 100 units, reflecting 8.7% growth compared to September 2025. The brand continues to expand its presence in the electric mobility space.

Also Read: Ashok Leyland Teams Up with Punjab National Bank: Big Boost for Dealer Financing Across India!

CMV360 Says

October 2025 turned out to be a dynamic month for India’s electric three-wheeler goods segment. Mahindra Last Mile Mobility led the market with strong monthly growth, while Atul Auto and Euler Motors showed promising improvements. Bajaj Auto and Omega Seiki remained consistent, and Green Evolve continued its steady climb. Overall, the data indicates a healthy competitive environment and rising adoption of electric load vehicles in India.