Electric Three-wheeler Sales Report February 2025: YC Electric Emerges as Top Choice

Key Highlights:

• E-rickshaw sales declined to 32,359 units in February 2025.
• E-cart sales increased to 6,401 units in February 2025.
• YC ELECTRIC led E-rickshaw sales with 2,945 units.
• SARVANA ENGINEERING recorded a massive jump in E-cart sales.
• Overall, E-rickshaw sales faced declines across major OEMs, while E-cart sales showed strong growth.

YC Electric, Sarvana Engineering, Dilli Electric, MINI METRO, J.S.Auto, UNIQUE INTERNATIONAL and many other OEMs have announced their sales figures for February 2025. In February 2025, India's electric vehicle market witnessed mixed performance across multiple categories. Sales of E-rickshaws decreased to 32,359 units in February 2025, compared to 38,823 units in January 2025. Sales of e-carts, used predominantly for intra-city logistics, increased to 6,401 units in February 2025, compared to 5,762 units in January 2025.

Electric three-wheelers (E3W) are an important segment of the electric vehicle (EV) market in India, as they offer affordable, convenient, and eco-friendly mobility solutions for both passengers and goods.

E-rickshaw refers to low-speed electric three wheelers (up to 25 kmph) and it is mainly used for passenger transportation. On the other hand, E-cart refers to low-speed electric 3Ws (up to 25 kmph) used for goods transportation. Both e-rickshaws and e-carts are becoming popular choices for transportation in crowded cities and towns because they are easy to drive, produce fewer pollutants, and are often cheaper to operate than traditional vehicles.

In this news, we will examine the sales performance of the E-rickshaw and E-cart segments in February 2025 based on the Vahan Dashboard data.

E-rickshaws Sales Trend

The E-rickshaws segment witnessed a decline in y-o-y sales. According to data from the Vahan portal, 32,359 units of E-rickshaws were sold in February 2025 compared to 36,531 units in February 2024.

E-Rickshaw Sales Report: OEM Performance in February 2025

The e-rickshaw market showed mixed trends in February 2025, with some brands maintaining steady growth while others faced declines. Here is the E-Rickshaw Sales Report of Top 5 OEMs:

YC ELECTRIC sold 2,945 e-rickshaws in February 2025. This is lower than 3,458 units sold in January 2025 and 3,004 units in February 2024. The sales dropped by 2% compared to last year and by 14.8% from last month.

SAERA ELECTRIC sold 1,825 units in February 2025, which is less than 2,030 in January 2025 and 1,922 in February 2024. The Y-O-Y and M-O-M sales decreased by 5% and 10.1% respectively.

DILLI ELECTRIC recorded 1,295 sales in February 2025, which is lower than 1,426 in January 2025 and 1,583 in February 2024. The Y-O-Y and M-O-M sales decreased by 18.2% and 9.2% respectively.

Mini Metro sold 826 e-rickshaws in February 2025, which is lower than 947 in January 2025 and 1,025 in February 2024. The Y-O-Y and M-O-M sales decreased by 19.4% and 12.8% respectively.

SAHNIANAND E VEHICLES sold 782 units in February 2025, which is lower than 931 in January 2025 but much higher than 533 in February 2024. The Y-O-Y sales increased by 46.7% but M-O-M sales decreased by 16%.

E-Cart Sales Trend

The Electric 3-wheeler cart segment witnessed a remarkable increase in sales. As per the Vahan portal data, 6,401 units of E-cart were sold in February 2025 compared to 4,442 units in February 2024.

E-Cart Sales Trend by OEM: Top 5 OEMs Performance

The e-cart market has seen strong growth in January 2025, with leading OEMs showing notable improvements in year-on-year (Y-o-Y) and month-on-month (M-o-M) sales. Here’s a breakdown of the top five brands:

YC ELECTRIC sold 425 units in February 2025, which is higher than the 408 units sold in January 2025 and 341 units in February 2024. The Y-O-Y and M-O-M sales increased by 24.6% and 4.2% respectively.

SARVANA ENGINEERING had a major jump in sales, selling 376 units in February 2025. This is a big increase from 27 units in January 2025 and just 1 unit in February 2024. The company showed rapid growth in the market.

DILLI ELECTRIC recorded 349 sales in February 2025, which is lower than 393 in January 2025 but higher than 299 in February 2024. The Y-O-Y sales increased 16.7% but M-O-M sales decreased by 11.2%.

J.S. Auto sold 296 units in February 2025, slightly increasing from 295 units in January 2025 and higher than 203 in February 2024. The company had a 45.8% Y-O-Y growth and 0.3% M-O-M growth.

SAERA ELECTRIC reported 239 sales in February 2025, just above the 238 units sold in January 2025 and much higher than 161 in February 2024. The Y-O-Y and M-O-M sales increased by 48.4% and 0.4% respectively.

Also Read: Electric Three-wheeler Sales Report January 2025: YC Electric Emerges as Top Choice

CMV360 Says

The latest trends show that e-rickshaw demand is slowing, whereas e-carts are becoming more popular for city transport. Businesses are seeing the benefits of electric vehicles for carrying goods, which may be the main factor in the growth of e-cart sales. Companies should focus on making their electric vehicles more reliable, affordable and better suited to changing customer needs.