Bajaj leads July three-wheeler retails as Mahindra holds EV lead

India’s July three-wheeler retail registrations rose 26.4% year on year to 86,580. EV registrations climbed 84.3% to 42,065, taking a 48.6% share. Bajaj led total retails with 41,998 registrations, while Mahindra Last Mile Mobility led electric three-wheelers with 12,848, ahead of Bajaj’s 11,974.

— Source publishedSun, 2 Aug, 2026, 20:08 IST·First seen Sun, 2 Aug, 2026, 20:10 IST·Source The Hindu BusinessLine

What happened

Bajaj Auto · India’s July three-wheeler retail registrations rose 26.4% to 86,580 as EVs reached 48.6% share. Bajaj led overall registrations, while Mahindra

Key facts

  • Total July three-wheeler retail registrations: 86,580, up 26.4% year-on-year
  • Electric three-wheeler registrations: 42,065, up 84.3% year-on-year
  • EV share of total registrations: 48.6%
  • Bajaj Auto overall registrations: 41,998
  • Mahindra Last Mile Mobility overall registrations: 13,455
  • Bajaj electric registrations: 11,974
  • Mahindra electric registrations: 12,848

Why this matters

Mahindra’s electric leadership and Bajaj’s scale underscore the strategic value of EV technology, charging and distribution partnerships as India’s three-wheeler market electrifies.