Electrical Three Wheeler Gross sales Report August 2023
The electrical three-wheeler phase has been seeing excellent development this yr. It’s on an upswing with the electrification of 3W aiming to create a cleaner and greener transportation future for the nation.
Electrical three-wheeler gross sales in August 2023 skilled an unbelievable improve. Each passenger and business E3W gross sales recorded most items on the finish of the earlier month, as per Vahan Information. The general electrical three-wheeler gross sales had a % YoY improve.
The electrical three-wheeler phase which sells passenger in addition to business three-wheelers, witnessed a rise in addition to a lower in gross sales. The passenger and cargo segments rose by 4% and -6% respectively, over the earlier month.
Mahindra And Mahindra maintained its market chief place in August 2023 as nicely, adopted by Piaggio Autos, Omega Seiki, and so forth.
TOP ELECTRIC PASSENGER THREE WHEELER COMPANIES
SR.N.COMPANY JULYAUGUSTMOM ProgressMarket Share1.MAHINDRA & MAHINDRA 2,3112,55210%47%2.PIAGGIO VEHICLES 1,7191,602-7%35%3.BAJAJ AUTO LTD17220016%3%4.TI CLEAN MOBILITY 62130110%1%5.DILLI ELECTRIC 128127-1%3%6.ATUL AUTO708116%1%7.CONTINENTAL ENGINES 3935-10%1%8.MINI METRO 223245%0%9.CHAMPION POLY PLAST918100%0%10.OMEGA SEIKI111427%0%
TOP ELECTRIC CARGO THREE-WHEELER COMPANIES
SR.N.NAMEJULYAUGUSTMOM Progress Market Share1.MAHINDRA & MAHINDRA 780671-14% 31%2.ALTIGREEN PROPULSION17232690%7%3.PIAGGIO VEHICLES 24931527%10%4.OMEGA SEIKI 333253-24%13%5.EULER MOTORS282244-13%11%6.KINETIC GREEN 22227932%1%7.E ROYCE MOTORS 316154-51%12%8.ATUL AUTO8015189%3%9.GALVANIC AUTO12749-61%5%10.3EV INDUSTRIES12540-68%5%
Author’s Comment
The electrical three-wheeler phase continues to have constant development in each August and cumulative gross sales indicating a powerful YoY improve. This constitutes the phase’s finest month-to-month gross sales but, regardless of the FAME II subsidy discount. The phase witnessed robust development because of sustained demand for passenger transportation and from last-mile operators for numerous different functions.
Learn Extra:- Electrical Two-wheeler Gross sales Report August 2023: Finest Promoting Electrical Scooter and Motorbike