India’s three-wheeler (3W) market began 2026 on a strong note, with healthy retail growth across passenger and cargo segments. Rising demand for last-mile mobility, expanding EV adoption, and steady urban transport needs helped boost January sales.

According to FADA retail data, total 3W retail sales in January 2026 stood at 1,00,848 units, marking a strong year-on-year (YoY) growth compared to January 2025.

📈 Overall Market Performance – Jan 2026

• Total 3W Retail Sales: 1,00,848 units
• YoY Growth: Approx. +17%
• Growth supported by both CNG/diesel passenger autos and electric three-wheelers

Passenger carriers continued to dominate overall volumes, while electric cargo 3Ws showed improving traction.

🏆 Brand-Wise Retail Sales – January 2026

🥇 Bajaj Auto

• Sales: 34,878 units
• Market Share: ~34.6%
• Strong demand for passenger auto range including RE platform
• Continued leadership in traditional fuel segment

Bajaj retained its top position with a clear lead in overall volumes.

🥈 Piaggio Vehicles Pvt Ltd

• Sales: 22,293 units
• Solid performance across passenger and cargo variants
• Consistent growth in Ape range

Piaggio maintained second position with steady contribution from both ICE and EV products.

🥉 Mahindra Last Mile Mobility Limited

• Sales: 8,993 units
• Strong presence in electric passenger 3Ws (Treo range)
• Growth driven by EV adoption

Mahindra continues strengthening its electric footprint in the 3W segment.

4️⃣ TVS Motor Company

• Sales: 7,857 units
• King series supports cargo and passenger segments
• Stable retail performance

Other Key Players – Jan 2026

Smaller EV-focused manufacturers continued to gain traction in urban and semi-urban markets.

📊 Segment Insights

✔ Passenger 3Ws continue to account for the majority of sales
✔ Electric three-wheelers are steadily increasing share
✔ CNG remains a preferred fuel in metro cities
✔ Fleet demand and last-mile logistics supporting growth