India's E-3W Goods L5 Market in July 2026; Bajaj Auto and Omega Seiki Maintain Strong Momentum

Key Highlights

• Mahindra Last Mile Mobility remained the top-selling E-3W Goods L5 OEM with 659 registrations.

• Bajaj Auto recorded a healthy 25.4% year-on-year growth in July 2026.

• Omega Seiki posted 22.3% YoY growth and 7.9% MoM growth.

• Dilli Electric Auto crossed 295 registrations with continued monthly improvement.

• TVS Motor registered the highest month-on-month growth of 34.9% among leading OEMs.

India's electric goods three-wheeler (E-3W L5) segment continued to witness healthy demand in July 2026, with Mahindra Last Mile Mobility retaining its leadership position while Bajaj Auto and Omega Seiki strengthened their market presence. The latest Vahan registration data highlights steady adoption of electric cargo three-wheelers as logistics operators, e-commerce companies, and small businesses increasingly shift toward cleaner and cost-efficient last-mile transportation solutions.

The figures are based on Vahan Dashboard registrations as of August 2, 2026, covering 1,465 out of 1,468 RTOs across all 36 States and Union Territories.

Also Read: Electric Goods Three-Wheeler (E-3W L5) Sales Rise in June 2026, Mahindra Last Mile Mobility Maintains Leadership

Electric Goods Three-Wheeler (E-3W L5) Sales - July 2026

Brand-Wise Performance

Mahindra Last Mile Mobility

Mahindra Last Mile Mobility continued to dominate the electric goods three-wheeler segment with 659 vehicle registrations in July 2026. Although registrations were marginally lower than June 2026 by 0.8%, the company still recorded a healthy 12.3% year-on-year growth, reinforcing its strong leadership in India's electric cargo mobility market.

Bajaj Auto

Bajaj Auto registered 499 electric goods three-wheelers during July 2026. The company posted a solid 25.4% YoY growth while also improving 4.8% over June, reflecting consistent demand and strengthening its position among the leading electric cargo vehicle manufacturers.

Omega Seiki

Omega Seiki delivered another strong performance with 368 registrations. The company achieved 22.3% year-on-year growth and 7.9% month-on-month growth, indicating sustained demand and continued expansion in the electric commercial vehicle space.

Dilli Electric Auto

Dilli Electric Auto recorded 295 registrations during July 2026, improving from 284 units in June. The company reported a 3.9% month-on-month growth, while year-on-year comparison was not available because of the relatively low base in July 2025.

Euler Motors

Euler Motors registered 279 electric goods three-wheelers during the month. While registrations increased 9.8% over June 2026, the company witnessed a 10% decline compared to July 2025, suggesting that competition in the segment has intensified despite improving monthly demand.

TVS Motor

TVS Motor emerged as one of the fastest-growing brands in July with 174 registrations, compared to 129 units in June 2026. The company posted an impressive 34.9% month-on-month growth, the highest among the leading OEMs, reflecting its expanding presence in the electric cargo mobility segment.

Market Outlook

The July 2026 Vahan registration data indicates that India's electric goods three-wheeler market continues to grow steadily despite increasing competition. Mahindra Last Mile Mobility remains the clear market leader, while Bajaj Auto, Omega Seiki, Dilli Electric Auto, Euler Motors, and TVS Motor are all expanding their footprints across the country.

Rising demand from e-commerce companies, logistics providers, FMCG distributors, and urban delivery operators continues to support the adoption of electric cargo vehicles. Government incentives, lower operating costs, and expanding charging infrastructure are also encouraging fleet operators to switch to electric mobility, making the E-3W Goods L5 segment one of the fastest-growing categories in India's commercial EV market.

Also Read: Electric Bus Sales in India Decline 25.1% in July 2026; Olectra Greentech Emerges as Market Leader

CMV360 Says

The July 2026 Vahan registration data reflects the continued momentum of India's electric goods three-wheeler industry. Mahindra Last Mile Mobility maintained its leadership, while Bajaj Auto and Omega Seiki delivered strong growth. TVS Motor recorded the fastest monthly expansion, highlighting rising competition among manufacturers. As fleet electrification accelerates and last-mile logistics demand increases, the electric cargo three-wheeler segment is expected to witness sustained growth in the coming months.