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5 top three-wheeler brands in India: September’22

Modified On Oct 20, 2022 04:45 PMBy Trucksdekho Editorial Team

Bajaj Auto and Piaggio top the list in the month.

The month of September has turned out to be the best month for overall automotive sales in the country. The festival came early for vehicle makers as demand for all segments of the market posted robust demand. On a year-on-year basis, the total vehicle retail sale for the month of September’22 registered a growth of 11%. 

Except for tractors which decreased by -1.5%, all the other categories were in the green. 2W, 3W, PV and CV were up by 9%, 72%, 10% and 19% respectively. The overall three-wheeler segment registered a strong growth of 71% with a total volume of 63,915 units in September’22. 

The high demand for passenger, cargo carrier auto-rickshaw in the conventional and electric segments continues to accelerate the sale. Three-wheeler commonly referred to as ‘auto-rickshaw’ is at the heart of last-mile people mobility and cargo delivery across India. The passenger carrier auto-rickshaw segment grew by 57% while the goods carrier segment declined by 6%, whereas demand for electric auto-rickshaw continues to help the category to grow by 126%. 

According to FADA, “The 3W segment continues to see structural shift from ICE to EV. This is also reflected in extremely healthy growth rate of e-rickshaw’s. Apart from better availability of vehicles with full range products including alternate fuels, customers have started using public transport and rickshaw service thus fuelling demand in this segment.”

Related: September 2022: Truck Sale 

1) BAJAJ AUTO

Bajaj Auto, the leader in the overall auto-rickshaw segment sold 19, 474 units in the month comprising the popular Compact REMaxima ZMaxima C, and Maxima X Wide. This gives the firm the highest market share of 30% in the category.  

2) PIAGGIO VEHICLES

Taking the second spot in the ranking Piaggio, the maker of a popular Ape range of three-wheeler sells retailed 5,116 vehicles in the month with demand for its top Ape branded 3W including Ape CityApe Xtra LDX, and Ape E-CityApe E Xtra remain high. This gives Piaggio the 8% market share in the overall three-wheeler segment. 

3) YC ELECTRIC VEHICLE

In the electric three-wheeler maker, YC Electric recorded a sale of 2,564 units in the month garnering a 4% market share in the month. The company continues to find new buyers for its battery-operated full-electric three-wheeler range that includes Yatri SuperYatri Deluxeand E-Loader, among others.

4) MAHINDRA & MAHINDRA

Mahindra registered a total sale of 2,454 units in the month with a market share of 3.8% 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 which retails under the brand Mayuri ranked number 5th with a total sale of 2,149 units, taking a 3.3% market share in the overall segment.

At TrucksDekho you get all the tools and features that help you in your three-wheeler, truck, or pickup buying needs. Check out the top brands, and variants on sale right now, compare, calculate EMI, get an on-road price quote, and deals on finance and insurance.

 

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