5 top three-wheeler brands in India: July’22
Published On Aug 08, 2022
Bajaj Auto and Piaggio top the retail sales of auto-rickshaws in the month.
The total three-wheeler market recorded a total sale of 50,349 units against 27,908 units in July’21, up 80.4%. The growth is driven by higher demand for passenger, cargo carrier three-wheelers in the conventional and electric segments.
According to FADA, “The 3W space continued to see demand recovery even though full recovery to pre-covid levels is still some time away. Digging deeper, it is clearly evident that e-rickshaws are the biggest mover in the segment. Demand recovery in the 3W passenger category also shows that covid is now behind us as passenger movement has once again started gaining traction.”
Related: July 2022: Truck Sale
Take a look at the top 5 players in terms of volume sales in the month.
1) BAJAJ AUTO
Bajaj Auto, the top auto-rickshaw maker sold 13,016 units in the month with a total market share of 25.85%. The company retails popular auto-rickshaw models including the segment leader, Compact RE, Maxima Z, Maxima C and Maxima X Wide continues to attract first-time and new buyers.
Related: Bajaj Compact RE: Variants Explained
Piaggio which sells the Ape range of auto-rickshaws maintains a steady sale in the month with a mix of IC engine and electric vehicles. The firm retails top Ape branded 3W including Ape City, Ape Xtra LDX and Ape E-City, Ape E Xtra among others. Piaggio retailed a total of 4,164 units in the month giving it a market share of 8.27%.
In the electric three-wheeler market, YC Electric retailed 2,499 units in the month garnering a 4.96% market share in the month. The company continues to find new buyers for its battery-operated full-electric three-wheeler range that includes Yatri Super, Yatri Deluxe, and E Loader, among others.
Mahindra sold a total of 2,098 units in the month with a market share of 4.17% in the overall three-wheeler category. The Alfa and Alfa Plus are the top vehicle models the company retails in the segment.
5) SAERA ELECTRIC AUTO
Another full-electric battery-operated vehicle maker Saera Electric Auto, ranked number 5 with a total sale of 1,590 units, taking a 3.16% market share in the overall segment.
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