TVS Motor Hits New Record: Sells 18,000+ Electric 3-Wheelers in 11 Months


By Robin Kumar Attri

9165 Views

Updated On: 06-Dec-2025 05:54 AM


Follow us:


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.

Key Highlights

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.

TVS Achieves Best Monthly Sales in November

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.

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.

Strong Performance in a Competitive Market

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 King EV Max: The Model That Started It All

TVS entered the electric 3W segment with the TVS King EV Max passenger model, which shares its design with the petrol TVS King.

Key Features:

Currently, EV Max is available in select states: UP, Bihar, J&K, Delhi, and Bengal, with network expansion underway.

TVS Enters Cargo Segment With King Kargo HD EV

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).

Key Highlights:

The cargo model is available in key markets including Delhi NCR, Rajasthan, and Bengaluru.

What’s Next for TVS?

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.

Also Read: VinFast to Invest ₹4,000 Crore in Tamil Nadu for E-Bus Production

CMV360 Says

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.