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

Source: Vahan Dashboard, JMK Research

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

Source: Vahan Dashboard, JMK Research

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 2nd 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

Source: Vahan Dashboard, JMK Research

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

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

Source: Vahan Dashboard, JMK Research

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.

Source: Vahan Dashboard, JMK Research

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

Source: Vahan Dashboard, JMK Research

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.

Source: Vahan Dashboard, JMK Research

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

Source: Vahan Dashboard, JMK Research

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)

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