3W Sales Jan 2026: Bajaj, Piaggio, Mahindra, TVS Lead as Electric 3Ws Capture 59.6% Share

Bottom Line Up Front

January 2026 saw Indian three‑wheelers (3Ws) surge, with electric models grabbing a 59.61% retail market share, while Bajaj, Piaggio, Mahindra, TVS and others topped the sales chart.

Image: 3W Sales Jan 2026: Bajaj, Piaggio, Mahindra, TVS Lead as Electric 3Ws Capture 59.6% Share – Performance Comparison and Specifications

Design & Looks

Three‑wheelers are no longer just utilitarian boxes. Manufacturers have refreshed cabin layouts, added sleek LED strips, and introduced color‑coded panels to make the vehicles look modern. For example, Bajaj’s new Auto Robo features a streamlined front grille and a digital instrument cluster that rivals a small car.

Performance & Mileage

The biggest story is the electric push. With over half of the market now electric, mileage figures are shifting from the traditional 30‑35 km/l for petrol models to 80‑100 km per charge for e‑3Ws. This translates to lower operating costs for auto‑rickshaws and delivery fleets. While petrol and diesel units still hold about 40% of sales, their average mileage remains steady at roughly 30 km/l.

Price & Rivals

Electric three‑wheelers are priced competitively, often only 5‑10% higher than their combustion‑engine cousins because of government subsidies. A typical electric rickshaw retails between ₹85,000 and ₹1.15  lakh, whereas a petrol variant sits around ₹70,000‑₹90,000. Brands like Piaggio and Mahindra are racing to offer better battery warranties, turning price into a key battleground.

Brand	Engine	Mileage (km/l or km/charge)	Price (₹)	Top Features
Bajaj	Electric / Petrol	80‑100 km/charge (EV) / 30 km/l (Petrol)	₹85,000‑₹1.10 L	Digital console LED lighting Extended warranty
Piaggio	Electric / Diesel	85‑110 km/charge (EV) / 32 km/l (Diesel)	₹90,000‑₹1.15 L	Smart battery management Spacious cabin Enhanced suspension
Mahindra	Electric	90‑120 km/charge	₹95,000‑₹1.20 L	Fast‑charge capability Robust chassis GPS tracking
TVS	Electric / Petrol	78‑105 km/charge (EV) / 28 km/l (Petrol)	₹80,000‑₹1.05 L	Eco‑mode Low‑maintenance engine Customizable paint
Atul, Zeniak, YC, Dilli	Mostly Electric	80‑110 km/charge	₹85,000‑₹1.10 L	Localized service network Competitive pricing Simple controls

FAQ

What is the market share of electric three‑wheelers in January 2026? Electric 3Ws held a 59.61% retail market share.
How far can an electric three‑wheeler travel on a single charge? Most models offer 80‑120 km per charge, depending on battery size.
Is buying an electric three‑wheeler worth it for a small business? Yes – lower fuel costs, government subsidies, and reduced maintenance make it a financially sound choice.