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Updated On: 06-Dec-2025 05:54 AM
TVS Motor records 18,116 electric 3W sales in 11 months, with November hitting a new high. Strong demand for King EV Max and Kargo HD EV boosts market share.
2,871 units sold in November.
18,116 units sold in 11 months.
2.55% market share.
King EV Max offers 179 km range.
Kargo HD EV gets 6.6-feet loading deck.
TVS Motor Company has achieved a strong milestone in India’s fast-growing electric three-wheeler market. The company sold 2,871 e-3-wheelers in November 2025, marking its highest-ever monthly sales, and crossed 18,116 units between January and November this year.
According to Vahan data, TVS sold 2,871 electric three-wheelers in November, giving the brand a 3% market share for the month. Sales have grown steadily every month, starting from just 133 units in January.
Crossed 1,000 units for the first time in April (1,207 units)
Crossed 2,000 units in July (2,208 units)
Achieved a new peak in November (2,871 units)
With 18,116 units sold in 11 months of 2025, TVS now holds a 2.55% market share out of 709,506 e-3Ws sold in India, securing the 6th rank among 600 players.
This achievement is impressive because TVS entered the electric three-wheeler space only recently. The top five OEMs ahead of TVS are Mahindra Last Mile Mobility, Bajaj Auto, YC Electric, Saera Auto, and Dilli Electric Vehicles.
TVS entered the electric 3W segment with the TVS King EV Max passenger model, which shares its design with the petrol TVS King.
9.7 kWh LFP battery
179 km range per charge
Top speed: 60 km/h
11 kW power & 40 Nm torque
3 driving modes: Eco (40 km/h), City (50 km/h), Power (60 km/h)
Charging time:
0–80% in 2 hours 15 minutes
0–100% in 3.5 hours
Bluetooth-enabled features: vehicle diagnostics, last parked location, alerts
Water-wading capacity: 500 mm
Currently, EV Max is available in select states: UP, Bihar, J&K, Delhi, and Bengal, with network expansion underway.
In August 2025, TVS expanded into the electric cargo 3W market with the TVS King Kargo HD EV, priced at ₹3.85 lakh (ex-showroom Delhi).
8.9 kWh LFP battery
Top speed: 60 km/h
6.6-feet loading deck (largest in the segment)
Low loading height: 703 mm
Turning radius: 3420 mm
Warranty: 6 years / 150,000 km
Full charge in 3 hours 10 minutes
India’s first Bluetooth-enabled cargo e-3W
Comes with TVS SmartXonnect offering 26 smart features
The cargo model is available in key markets including Delhi NCR, Rajasthan, and Bengaluru.
With rising monthly sales, strong product offerings, and growing demand in both passenger and cargo EV segments, TVS is well-positioned to climb higher in the electric 3W OEM rankings. However, competition remains fierce, especially from market leaders like Mahindra and Bajaj, along with several emerging startups in the electric rickshaw space.
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TVS Motor’s strong performance in the electric three-wheeler market shows rising customer trust and growing demand for its EV range. With record monthly sales in November and over 18,000 units sold in 11 months, TVS has quickly secured a solid position among leading OEMs. The success of the King EV Max and the new Kargo HD EV highlights TVS’s focus on performance, technology, and expanding presence in key Indian markets.