Electric Vehicle Monthly Sales Report- E2W, E3W, and E4W

The overall EV sales continue to grow with sales in November 2021 clocking 42,055 units, signifying a m-o-m increase of 8.7% and y-o-y jump of 227%. This is the first time that EV registrations have crossed the 40,000-mark in a month.

Following are the Electric Vehicle Monthly Sales data of E2W, E3W, and E4W. 

Electric Vehicle Monthly Sales overall Growth

The overall EV sales continue to grow with sales in November 2021 clocking 42,055 units, signifying a m-o-m increase of 8.7% and a y-o-y jump of 227%. This is the first time that EV registrations have crossed the 40,000-mark in a month.

Note: Sales figures represent EVs registered across 1,376 RTOs in 33 states/ UTs.

As depicted in the figure below, EV registrations in November 2021 were driven by electric two-wheeler and passenger-type electric three-wheelers, which together accounted for 92% of total registrations in the month.

The shares of these categories are followed by cargo-type electric three-wheeler (3.9%), e-car (3.7%), and so on.

Category-wise EV Sales in November 2021

Note: Sales figures represent EVs registered across 1,376 RTOs in 33 states/ UTs; Others include adapted vehicles, fork-lifts, goods carriers, and trailer (agriculture) vehicles.

Among all the states and UTs, Uttar Pradesh continues to have maximum monthly registered EV sales with a 20% share in overall sales in India in November 2021.

Maharashtra has the 2^nd highest sales at 11% share, followed by Karnataka (9%), Rajasthan (9%), Delhi (9%), and Rajasthan (8%).

(State/ UT) Region-wise Registered EV sales – November 2021

Note: Sales figures represent EVs registered across 1,376 RTOs in 33 states/ UTs.

High-Speed Electric Two-Wheeler (HS-E2W)

The overall HS-E2W sales in the country in November 2021 stood at 22,453 units, signifying a 17% m-o-m jump and a yo-y leap in registrations of 469%. The Top 10 players, as shown below, accounted for 95% of the total registrations recorded in November 2021.

Note: Sales figures represent only high-range E2W (Top speed > 25 kmph) registered across 1,376 RTOs in 33 states/ UTs. Others include Goreen E-mobility Private Limited, MEW Electricals Ltd, KLB KOMAKI, and 20 other players

Electric Three-Wheeler (E3W) Sales

The sales of registered E3Ws (both passenger and cargo-type) in November 2021 stood at 18,011 units, only 7 units more than the previous month’s registrations.

Passenger E3W sales almost remained the same, whereas the cargo E3W sales fell by 2% as from the previous month’s sales.

Sales trend of cargo E3W and passenger E3W

Note: Sales figures represent E3Ws registered across 1,376 RTOs in 33 states/ UTs; Passenger and Cargo E3W sales shown in the figure take into account both e-rickshaw and three-wheeler classes as categorized in the Vahan dashboard.

The cumulative sales of the top 6 electric 3-wheeler players across passenger and cargo segments in November 2021 accounted for a 35.1% share of the entire E3W market. YC Electric Vehicle accounted for the highest share of 10.2%, followed by Mahindra Electric Mobility (7.8%), Saera Electric Auto (5%), Champion Poly Plast (4.3%), Best Way Agencies (3.7%), and Dilli Electric (3.4%).

Top E3W Players in November 2021

Note: Others made up 66.6% of the E3W markets in November 2021; sales figures for players are inclusive of cargo and passenger offerings combined; Sales figures represent E3Ws registered across 1,376 RTOs in 33 states/ UTs; Passenger and Cargo E3W sales are shown in the figure takes into account both e-rickshaw and three-wheeler classes as categorized in the Vahan dashboard.

Electric Cars (E-cars) Sales

The cumulative sales of e-cars in November 2021 stood at 1,539 units, a marginal m-o-m increase of 18% and a y-o-y increase of 176% in registrations.

Tata Motors and MG Motors continue to drive e-car sales, accounting for 98% of registrations in November 2021, with Tata Motors’ share increasing to 89% from the previous month’s 80% share.

Player-wise e-car sales trend    

Note: Sales figures represent e-cars registered across 1,376 RTOs in 33 states/ UTs. Others include Audi AG, Jaguar Land Rover India Ltd., and Mercedes Benz

Electric buses (E-buses) Monthly Sales

The cumulative sales of e-buses in November 2021 stood at 34 units, with a m-o-m decrease of 61%. This month’s sales were driven by PMI Electro which accounted for a 62% share of the total e-bus sales in November 2021, followed by Ashok Leyland (30%), and Olectra (8%).

Note: The EV sales data, report, and infographics are provided by JMK Research ( is a consulting firm providing research and advisory services in India)