EV Sales Digest – May 2025
Summary
- E2W: In June 2025, sales of high-speed electric two-wheelers (HS E2Ws) in India increased by ~5% m-o-m, totaling 1,05,282 units. The top 3 players dominated the market, accounting for approximately 65% of total E2W registrations during the month. TVS emerged as the market leader with an estimated 24% share.
- E3W- Passenger: In June 2025, registered sales of passenger electric three-wheelers (E3Ws) stood at 51,698 units, reflecting an approximately 7% m-o-m decrease. Year-on-year, sales grew by ~13% compared to June 2024. The top 8 players in the E3W passenger market collectively held about 43% market share. Mahindra Last Mile Mobility secured the top position this month with a market share of ~13%, followed closely by Bajaj Auto at ~12%.
- E3W- Cargo: In June 2025, registered sales of cargo-type electric three-wheelers (E3Ws) stood at 8,861 units, reflecting a ~15% month-on-month decrease and ~35% y-o-y increase compared to June 2024. The top 8 players in the electric three-wheeler cargo segment collectively held ~32% of the market. Mahindra Last Mile Mobility led the segment with a market share of ~6%, followed by Dilli Electric Vehicle at ~5%.
- E-Cars: In June 2025, total E-Car sales stood at 13,033 units, reflecting a 7% m-o-m increase. On a y-o-y basis, sales grew by ~90% compared to June 2024. Tata Motors maintained its dominance in the E-Car market, securing a ~36% market share. while MG Motor also emerged as strong competitor, holding ~30% of the market.
- E-Buses: In June 2025, total E-bus sales amounted to 529 units, reflecting a marginal ~57% m-o-m increase. Year-on-year, sales rose by ~292% compared to June 2024. Switch Mobility led the market with a dominant ~24% share, followed by JBM Auto at ~23%.
Table of content:
- Segment-wise Performance Summary – June 2025
- Registered EV Sales Trends
- State wise June sales
- Monthly sales trends
- Category-wise sales trends
- Segment wise Performances June 2025
- High-Speed Electric Two-Wheeler
- Total sales (June 2024- June 2025)
- Player wise sales
- Player wise Market share in June 2025
- Electric Three-Wheeler Passenger
- Total sales (June 2024- June 2025)
- Player wise sales
- Player wise Market share in June 2025
- Electric Three-Wheeler Cargo
- Total sales (June 2024- June 2025)
- Player wise sales
- Player wise Market share in June 2025
- E-Cars
- Total sales (June 2024- June 2025)
- Player wise sales
- Player wise Market share in June 2025
- E-Buses
- Total sales (June 2024- June 2025)
- Player wise sales
- Player wise Market share in June 2025