TVS Motor Two-Wheeler:

Just 6 Motorcycle, Scooter, and Scooty variants from TVS accounted for 71% of sales in CY 2025. Two variants of the TVS Three Wheeler accounted for the highest sales in the last calendar year. The popular price band is 85,000 to 150,000 INR because Indian customers are moving towards the value-plus and premium segments. The key to TVS Motor’s success is the premium segment.

TVS Scooty was among the Top 10 best-selling models in CY 2019. Now, one of the iQube variants comes under the Top 10 selling variants. Young Female buyers moved from the Scooty to the NTorq, and urban female buyers prefer the iQube electric scooter.

In CY 2025, TVS has a 20 EV variant. TVS has an EV product range spanning the entry-level to premium segments across scooters and three-wheelers.

In CY 2019, TVS Motor registered 2.7 million two-wheelers, including 1,778 Motorcycles, Scooters, mopeds, and Scooty variants. The number of variants has not only been reduced, but the company has also improved variant naming and optimized product portfolio through better CRM.

The company is the market leader in electric scooters due to its driving comfort and product market fit. iQube has 3 battery sizes (2.25-5.1 kWh), but one variant offers the best value to buyers.

4 New Three Wheeler King variants added after COVID-19.

TVS Three Wheeler:

22 Variants of Three-Wheelers registered in CY 2025, with the best-selling being the Electric Three-Wheeler due to its low operating cost. The number of variants increased from 4% to 17% with a wide range of applications and fuel types.

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27% of all Mahindra Automotive variants contributed 50% of sales in CY 2025. The XUV 700, Furio, Scorpio Thar, Jeeto MAXX, Alfa, and TREO come in various variants, and some are in demand for their price points, features, performance, and maintenance costs.

Mahindra registered more than 1,000 variants across its automotive segments in CY 2019. Post-COVID, Mahindra product planning has been optimized through the launch of new models across various segments. In the last 6 years, Mahindra Sales have increased, but the number of variants is lower than in CY 2019. Mahindra sales are ~2X in CY 2025 compared to CY 2019. Mahindra registered (Retail sales) 956,337 units in CY 2025. The sales included SUVs, Pickups, Buses, Trucks, Mini Trucks, LCVs, electric three-wheelers, and Construction Equipment.

In the Heavy Duty Truck segment, Bulker is popular among fleet owners due to its suitability for cement and Fly Ash transport applications. The key reason is that, in this application, the Mahindra Tractor trailer has better mileage than other models.

Bolero is the leading Mahindra model, but not all Bolero variants are not top sellers; only 3 are customers’ preferred choices. It is because these 3 variants offer the best value and have greater competitive advantages.

This macro-level data shows that variant-level sales data is required to understand product-market fit.

The further Mahindra SML Isuzu acquisition required a sharp product, Brand, and Sales strategy to win the white space in the market. Product position is one of the key challenges for both companies. Our RTO- and Variant-wise Indian Automotive Sales reflect the pulse of the Indian Automotive Industry.

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Indian fleet owners have a clear mindset when calculating their benefits by adding the Indian Electric Light Commercial Vehicle to their portfolio. As per the ACG survey, single, small, medium, and large fleet owners know the electric CV models and their advantages and challenges. We have also included the three-wheeler segment in this report.

Electric Light passenger Commercial vehicles do not have a wide range of models because of the high upfront cost and the suitability of various applications. OEMs need to launch new products in this segment. The Three Wheeler Electric Vehicle has higher numbers than the 4 Wheeler EV LCV.

Case Study: Economy (TCO) of the Electric Truck: 

The application of Trucks and Buses is the key to this Industry. Application-wise Truck and Bus Sales Data is the backbone of the Indian Electric Light Commercial vehicle market. ACG’s unique database provides key insight into the market scenario, product planning, pricing, TCO, features, and business strategy.

We have done several studies on the feasibility of Electric Commercial Vehicles, including the study.

Food Grain Transport Application: If the Electric Truck user installs the solar roof at his office or home and charges the truck, then the payback period is 1.5 to 2.5 years, and without a solar panel, it is 3 to 3.5 years.

Milk Collection and Distribution: We have considered two scenarios for Milk distribution with and without government subsidy. The payback period without subsidy is ~ 2 to 2.5 years; with subsidy, it is 1.8 to 1.5 years. The detailed TCO is available in the full report.

We have covered all key applications with the sales forecast for 2030.

Competitive Landscape:

Tata Motors is aggressive in promoting its Electric Tata ACE.  Tata has competitive advantages because Tata ACE is a well-known Product brand in the buyer’s mind. Its price point is also attractive, starting from 3.99 lakhs.

This is the most attractive price design for a specific application of short-distance distribution. The Tata ACE PRO payload is 750T, the LFP battery size is 14.4 kWh, and the real range is 130 km. Other Tata ACE EV products are the Tata Intra EV and Tata ACE EV 1000. The company is promoting heavily on digital platforms.

Euler Motor also entered into a 4W Small Electric Truck from Electric 3W. Euler has an Electric 3W, Electric 4Wheeler cargo and Passenger. This combination covers various customer segments. The Euler Motore price band starts from 4.4 to 14.5 lakhs.

EKA has a rich portfolio because it tries to fulfill the requirements for various fleet owner types and Truck Applications. It has an ideal commercial vehicle portfolio, including electric three-wheelers, buses, and trucks. EKA has a 55T Tractor Trailer, an EKA 1.5T, an EKA 7T, and one EV 3-wheeler model.

Eicher is lagging in electric commercial vehicles (EV CVs) because it lacks a wide product portfolio. Currently, it has only one EV truck, the Pro 2055 EV.

SwitchMobility has Two Small Electric trucks, SWITCH IeV3 and SWITCH IeV4, on the SWITCH IeV Series platform. SWITCH IeV3 has a 1.25T Payload, 140 km range, and a 25.6kWh battery size. SWITCH IeV4 has a higher payload, 1.75T capacity than IeV3, 130 km range, and a 32.2kWh battery size. SwitchMobility needs to work on its network strategy for the Small EV Truck.

Other players, such as Omega Seiki Mobility and Mahindra, are also trying to establish their presence effectively.

Key Driver:

The Indian government started supporting electric commercial vehicles to save oil import bills and to manufacture environmentally friendly Commercial vehicles. The EV CV will be in top gear by 2030 because of low operating and maintenance costs, Subsidiary, High productivity, low fatigue, decreased battery price, Vehicle Digital features, and Green energy.

Electric LCV Applications:

Contact us to get the data on the high-growth Electric Vehicle applications.

Customer Voice:

Capturing customer voice is one of the essential activities in preparing this report because it helps to understand customer expectations and challenges, as well as their sales plan. Electric commercial vehicle customers are categorised into urban and Rural areas. Both have different buying decision trees, Awareness, market dynamics, and Applications.

Key Challenges:

Potential buyers of electric commercial vehicles are still struggling because there are fewer models available, charging infrastructure is lacking, supply chain constraints of EV components are high, upfront costs are high, and there are myths about the technology.

Key highlights of the Report and Data -111 Pages:

• Indian Electric Commercial Vehicle Market Assessment and Forecast 2030
• On various parameters, the market attractiveness study
• Market size of Electric and ICE-powered train vehicles
• Competitor Analysis
• High Demand and Suitable Application-wise Electric LCV Sales Forecast
• Electric LCV Product Specs requirements for various applications
• Region-wise -North, West, East, and North region demand analysis
• Pricing and Branding Strategy
• Customer Voice survey
• Willingness to pay analysis of Electric LCV
• Fleet owner analysis

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Check the Monthly Indian Automotive Data and Report Subscription Plan. 

ACG predicts that the Indian Automotive Industry will grow at a CAGR of 1.7% from FY 2025 to FY 2030. The Indian Automotive Market size was ~25 million units in FY 2025.

Indian Automotive Market Forecast 2030:

In FY 2019, India sold 26.3 million vehicles, including trucks, buses, passenger cars, two-wheelers, and three-wheelers. FY 2022 registered 17.8M, the lowest number in the last 7 years, compared to the pre-COVID level. After reaching its lowest volume, the Industry began to grow annually.

The key growth drivers are Road Infrastructure development, Government policies, advancements in Automotive Technology, Consumer aspirations, and increased purchasing power.

Indian Passenger Vehicle Market Forecast 2030:

The expected CAGR between FY 2025 and FY 2030 will be around +6.2 percent.  Indian Customers bought 4.3 million Cars, SUVs, MUVs, and Vans in FY 2025. This segment looks highly attractive due to its consumer affordability. SUVs and Budget segment cars in Metros, Big cities, and towns will be in demand by FY 2030.

Passenger vehicles are the second-largest segment in the Indian Automotive Industry. After COVID, customers prefer a car to a Two-Wheeler due to increased income, better road connectivity, Digital features, and comfort. The PV segment’s share has increased by 4 percent from FY 2019 to FY 2025.

India exported 0.77 million cars in FY 2025 with a +2.2 percent CAGR from FY 2019 to FY 2025.

Rising urban populations and first-time car buyers are key drivers for Compact cars in India. Early adopters are highly interested in adding Electric cars to their portfolio.

Indian Two Wheeler Market Forecast 2030:

The Indian two-wheeler segment is the largest in the Indian Automotive Industry. This segment lost 4% in the last 7 years, from 81% to 77% in FY 2025. It also showed that the customers preferred a car or a private four-wheeler. In FY 2019 and FY 2025, India sold 21.2 million and 19.6 million two-wheelers, respectively. Two-wheeler sales are expected to grow at 0.5% CAGR between FY 2025 and FY 2030.

Since the Indian two-wheeler product price, performance, and features fit the demand of many other countries’ customers, exports are expected to rise by 1.4% CAGR from FY 2025 to FY 20230. African and Asian markets are attractive export countries for most OEMs. Brands like Royal Enfield also target the European market since the company offers a different motorcycle experience than other Japanese and local manufacturers.

Indian two-wheelers are the only segment that registered 9% growth in FY2025 compared to FY2024.

Indian Commercial Vehicle Market Forecast 2030:

Commercial vehicle sales reached ~1 million in FY 2025, matching FY 2023 levels. Sales declined with a CAGR of -0.9% between FY 2019 and FY 2025. A 4.8% CAGR is expected for the Indian CV segment between FY 2025 and FY 2030. Double-digit growth is expected because the CV industry’s market drivers will be favourable for the next 10 years.

Indian Commercial Vehicles are the backbone of India’s logistics Industry because 70% of freight transport in India is by trucks. Trucks and buses are the two vehicle segments in the CV industry. Both segments have distinct characteristics and are influenced by different market dynamics. ACG provides Model and Brand Sales, Production, and Export Data Trends and Forecasts.

Government investment to develop infrastructure, the growing e-commerce sector, the demand for Electric trucks, Fleet modernization, and Integrated advanced technology in Trucks are key drivers for the Truck segment in India.

Mining and the Construction Industry are key drivers of the heavy Tipper segment growth. Container, Steel, and Grain are key drivers of the heavy-duty Haulage segment. ACG provides Model—and application-wise Truck and Bus Data and the split of overload and payload truck sales Data.

Central and State government urban mobility plans, better connectivity, the Adoption of Electric Buses, the increase in urban population, Tourism and Intercity travel, and the implementation of new safety regulations are key growth drivers for the Indian Bus Industry.

Indian Three-Wheeler Market Forecast 2030:

The Indian Three-Wheeler market showed -0.9 percent growth between FY 2019 and FY 2025. This segment is expected to register a 4.0 percent CAGR between FY 2025 and FY 2030. This Industry reached 0.74 million vehicles in FY 2025, equivalent to the pre-COVID level in India.

Low Operating costs, Affordability, Customer demand for Electric Three-Wheelers, Suitability for short-distance travel, and expected growth in the Export market are key drivers for the Indian Three-Wheeler segment.

Key Highlights of the report:

• Indian Automotive Industry Trend and Forecast FY 2030
• Monthly and Quarterly subscription options are available
• Brand, Model, and variant level Sales, Production, and Export Data
• Two-wheeler, Truck, Bus, car, and Three-Wheeler City-wise Model-wise Sales Data
• Product Analysis from FY 2011 to FY 2030
• Electric Vehicle Report and Forecast
• Brand-level report
• Qualitative and Quantitative Analysis Report
• Data available in Excel, Power BI, and Tableau

The post Indian Automotive Market Forecast 2030 appeared first on Autobei Consulting Group.

Customer satisfaction and customer delight are two significant parameters for EV customer analytics. Customer delight buyers recommend their EV three times more than the customer satisfaction group.

Recently, ACG has conducted a survey, which is part of the Indian Electric Vehicle Customer Trends report. The success of an electric vehicle business depends on its customers’ success. ACG reports deep insight on how to achieve customer success. The following Electric Vehicle segments are considered:

• Electric Two Wheeler
• Electric Car
• Electric Truck
• Electric Bus
• Electric Three Wheeler

ACG has developed its specific survey methodology to read customers’ minds. Price is not a key challenge in adopting an EV; the key challenge depends on the vehicle segment.

Electric Car Customer Trends:

Electric car buyers have different expectations of their cars. Sixty percent of the Budget segment customer group is willing to pay six lakhs. 42% of Premium and 55% of Luxury EV car buyers are willing to pay 12 lakhs and 25 lakhs.

Luxury EV buyers expect a 10- 15-minute charging time. Their cars must also have advanced digital features. In the premium and luxury segments, 45 to 55% of buyers prefer SUV body types, while 53% of buyers in the Budget segment prefer Sedans and Hatchbacks.

Electric Three Wheeler Customer Trends:

Buyers of Electric Three-Wheelers have low academic achievements compared to other EV segments. However, this segment is highly populated. Some segments, like e-rickshaws, give better ROI and ease of driving. There are some pockets where only e-rickshaws have access, like Haridwar downtown. Some buyers are buying Electric three-wheelers due to their low operating cost and sufficient range in a small town. One reason is that the buyers need only minimal Product features and specs. The local manufacturers are providing cost-effective EV Three-Wheelers.

Electric Two-Wheeler Customer Trends:

Electric Scooters are also on the path to success. There are three major segments: Low-Speed Scooters, High-Speed Scooters, and Motorcycles. Low-speed scooters are suitable for a specific customer segment because they fulfill the requirements of that customer group. Customer groups like Retired people, School students, Females, and Courier delivery are satisfied with the Low-Speed Scooter.

Electric Truck Customer Trends:

Electric trucks have different market dynamics. 75% of customers prefer low operating costs and are interested in their fleet. 95% of these customers belong to Mini, pick-up, Light-Duty, and Heavy-Duty Tippers. Grain, Milk, and Vegetable Transporters are the significant segments. Mining and Tunnel applications are suitable for the current scenario.

Electric Bus Customer Trends:

City Applications are the primary uses of the Electric Bus. Thirty percent of Private Bus operators want to add Electric buses to their Fleet. Educational Institutes, Staff, last-mile delivery,  and tourists are two of the primary uses that private fleet owners are looking for.

Large Market size, Low Operating cost, Short Duty cycle, and High Spending power are some of the opportunities that come with the above bus applications.

Key Highlights of the report:

• EV Customer Voice
• Based on Different parameters like Age, Income, Profile, Gender, Uses, and others
• Deep engagement with the customers
• Pricing, Branding, Marketing, and Expected from EV
• Customer journey
• EV Product roadmap
• Willingness to pay and

Please get in touch with us to get contain of the report

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The database is helpful for Truck OEMs, new startups, Automotive Suppliers, Research firms, and other stakeholders for the Business Strategy, Production Planning,  and Sales Planning for Electric three-wheelers, Mini trucks, Pickup trucks, and Minibuses.

Three segments are included:

• Mini Truck
• Pick up truck and
• Three Wheeler

There are primarily two applications for Small Commercial vehicles:

• Passenger vehicle
• Goods carrier

Mahindra is focusing on the passenger 3W segment and Start-up Euler Motor is focusing on Goods carriers or transport vehicles. Tata Motors and Switch Mobility have launched the Tata ACE Electric Mini Truck version.

Start-up Triton also launched a 4.5T GVW Semi truck with advanced features.

The Wheeler segment is the second largest segment in the Indian Electric Vehicle Industry. There is a high acceptance rate to adopt Electric Three Wheeler in every pocket in India. Euler Motor is one example that penetrates this segment with high efficiency by creating a single product at the right price position. The price factor plays an important role because it is price price-sensitive segment.

The segment is moving from lead Acid batteries to LFP batteries. Customers are looking for performance, Efficiency, Design, Reliability, and Sales Support.

Following are the key highlights of the Data of the last 10 years:

• Three Wheeler Goods vehicle
• Three Wheeler Passenger vehicle
• Model level Sales Volume
• Key Applications of the vehicle
• OEMs included:
  • Tata Motors
  • Bajaj, Mahindra
  • Piaggio
  • TVS Motors
  • Atul Auto
  • Force Motors
  • Scooters, and others
• Data Fields:
  • OEMs
  • Model name
  • Average no of trips
  • Category
  • Applications
  • Geography
  • Duty Cycle
  • Vehicle Type
  • Customers

The data is also helpful in creating Product Planning, Channel Sales networks, Sales teams, Budgeting, and Road maps.

Data format: Excel

Cycle: Quarter-level data is also available based on Subscription.

The post Indian Top Cities Sales Data of Small Commercial Vehicle appeared first on Autobei Consulting Group.

Indian Three Wheeler Industry produced 0.85 Million in FY 23. In FY 23, the Sales grew by 87% compared to FY 22.

Mahindra, Bajaj Auto, Piaggio, and TVS are leading players in this segment.

The Indian Three Wheeler segment is the second largest segment for Electric Three Wheeler. E Cart rickshaws and passenger 3 Wheeler are two major vehicle categories. Bus body maker Ruby Bus recently launched a reliable and durable E Cart at the price of 1.25 lakhs with a Lead Acid battery.

OEMs like Mahindra launched Electric Auto with Lithium-ion Battery.

We have covered Brands, Models, and Variants of the model’s level of Sales and production over the last 5 years

The following brands are included:

• Bajaj Auto Ltd,
• Piaggio,
• Mahindra & Mahindra,
• TVS Motor,
• Atul Auto,
• Scooter India,
• Kerala Automobiles,
• Metta EV,
• Joy EV,
• Euler Motors,
• J.S Auto, and
• Kumar Motor

The following Data names are included:

• Price
• Application
• Segment
• Product rating
• Customer segment
• After Sales
• Dealer network
• Brand position
• Product Position
• Major Parts price
• Key Drivers
• Vehicle Technical Details
• Engine Make & Power (hp)
• Fuel Type
• Emission norms
• Transmission
• Capacity
• Wheel details
• Brakes
• Mileage
• Other specs and features of the vehicle

The post Indian Three Wheeler Model level Sales, Production and Product Data appeared first on Autobei Consulting Group.

The “Indian Automotive Industry Yearbook 2015” is published every year with the aim of tracking the multitude of the developmental aspects of India’s auto industry 2015. This publication contains within it a comprehensive account of motor vehicles, historicity of industrial development, continuity, comprehensive and large-scale books for the national automotive industry planning, research, production, marketing and new product development to provide better guidance and services, welcomed by readers.

This Automobile year book 2015 and Outlook will give a complete update on the Indian Automobile Industry. This book can be used by Passenger vehicles, Commercial Vehicles –Truck & Bus, Two Wheeler as well as Three wheeler.

The report can be obtained as the standard version or a customized-on-demand version, enabling the user to choose their best fit on the basis of specific organizational benefits. Focussing on providing valuable information to OEM, Vendors, Manufacturing Industry, Financial institutions, Stock market, Dealers and Fleet owners, this report provides a significant insight into OEMs, Market, Price trend, Macro Economy, Latest update, buying criteria, buying parameters Brand name, Look, performance, Style, New product launches and its position etc.Additionally, the report also covers the impact of advertising on company sales and their brand image. Also, the report fixates on brand and segment wise Monthly sales, production and export analysis and its linearity based on market share fluctuation.

In the previous year 2014, automobile production, sales and export figures flourished with an increase of 1.4%, 1.9% and 0.6% owing to a total of 24, 20 and 3.6 million respectively. The growth of passenger car sales, however is plummeting down slowly to a minimal 7.8%. Commercial vehicles on the other hand, majorly driven by the M & HCV segment registered a 7.6% growth. The two wheeler segment showed a positive growth of 0.86% while the three wheeler segment faced a decline of 3.28% in sales.

However, from a bird’s eye view we see that that the new initiatives which are taken by the Indian Government benefit the entire industry with key enterprises running smoothly, leading to gradual optimization of the industrial structure and continued improvement in market concentration. These initiatives have greatly benefitted the country owing to new launches of a series of supportive policies, increased energy vehicle sales and growth explosion.

The “Indian Automotive Industry Yearbook 2015” has undergone several changes to adapt to the changing scenario and development of automotive industry characteristics. Some of them include re-arrangement sorting of columns for different column designs, providing a distinctive framework and easier access. Also, the Reader’s comparative analysis focus on the text’s content has been refined and concentrated.

In the 2014 review article which talks of the overview of the development of the automobile industry, there lay a significant concern for the industry on the topic “ Key segment of each category and key model of each brand” guiding the development of the automotive industry The “policies and regulations”, “car standardization”. The development of the regional and major automotive groups was reflected in the “Regional auto industry: the basic situation”.

Passenger Vehicle Segment:

The passenger vehicle segment has included Small car, Sedan car, Hatch back, Notchback, Cross over, SUV, Compact SUV, MUV, Van, Premium cars, Luxury cars which are analysed Length wise, Engine wise, Price wise with added emphasis on customer mapping, competitor analysis, Segment Analysis and its trend, major Models and their position, Product USP, Customers feedback and expectations, After sales support, Advertising Strategy, Branding strategy and Brand position. Also, Business review and strategy analysis of Tata Motors, Maruti Suzuki, Hyundai, Honda, Toyota, Audi, Mercedes, Renault, Nissan, GM, Ford, Mahindra, BMW, Volvo, Skoda, Volkswagen are specified.

Commercial Vehicle Industry Analysis:

The Commercial vehicle industry has seen exports rise from 85,683 units in 2014 to 96,814 units in 2015, signifying a pleasant ascent. The Medium and Heavy duty vehicle segment has seen a 28% growth in domestic sales as opposed to the decline of Light commercial vehicle sales by 5% over the duration of the one year.

Two Wheeler Industry Analysis:

The scooter industry has thrived even under pressure and succeeded in ascending by a 13% in sales in the past year. In stark contrast, bike and moped sales have faced a plummeting decline in sales by 4% and 7% respectively. Overall, the sales of scooters have thrived much better than that of bikes and mopeds.

Three Wheeler Analysis:

The three wheeler segment is facing a serious problem of decline in sales as both passenger and goods vehicles have seen similar plummeting decline in sales.

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