The global electric three-wheeler market reached a value of about USD 829.72 Million in 2025. The market is further estimated to grow at a CAGR of 5.10% in the forecast period of 2026-2035 to reach a value of around USD 1364.45 Million by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
5.1%
Value in USD Million
2026-2035
*this image is indicative*
| Global Electric Three-Wheeler Market Report Summary | Description | Value |
| Base Year | USD Million | 2025 |
| Historical Period | USD Million | 2019-2025 |
| Forecast Period | USD Million | 2026-2035 |
| Market Size 2025 | USD Million | 829.72 |
| Market Size 2035 | USD Million | 1364.45 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 5.10% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 5.8% |
| CAGR 2026-2035 - Market by Country | India | 6.0% |
| CAGR 2026-2035 - Market by Country | Brazil | 5.7% |
| CAGR 2026-2035 - Market by End-Use | Passenger Carrier | 6.3% |
| CAGR 2026-2035 - Market by Battery Type | Li-Ion | 7.4% |
| Market Share by Country 2025 | India | 54.6% |
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on battery type, the demand for Li-ion batteries in electric three-wheelers is expected to increase in the forecast period. The lithium-ion batteries are environmentally friendly as they contain relatively low levels of toxic heavy metals found in other types, such as lead acid batteries. It is lightweight and compact, thereby occupying less space. The time taken to charge a Li-ion battery is much less, and the fast-charging technologies are adding to its advantage. Lithium is a highly reactive element and can store large amounts of energy, which allows lithium-ion batteries to pack a high energy capacity in a small size. As a result of this, lithium-ion batteries have the ability to last much longer between charges than other batteries and also maintain their high level of performance. The longer shelf life of lithium-ion batteries, when compared to lead acids, is invigorating the market expansion. It needs no active maintenance, and, thus, one-time purchase guarantees longevity.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
An electric three-wheeler is a vehicle that is driven by one or more electric motors. It is used for multiple purposes, such as carrying passengers or transporting goods. It is environment-friendly, easy to use, cost-effective, and requires no fossil fuels for its operation.
Market Breakup by End-Use
Market Breakup by Battery Type
Market Breakup by Region
| CAGR 2026-2035 - Market by | Country |
| India | 6.0% |
| Brazil | 5.7% |
| China | 5.6% |
| Mexico | 5.4% |
| Canada | 5.3% |
| USA | XX% |
| UK | 4.8% |
| France | XX% |
| Italy | XX% |
| Japan | XX% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Germany | 4.3% |
The rising demand for electric three-wheelers owing to their environment-friendly nature is driving the growth of the market. The growing necessity to reduce dependence on fossil fuels such as petroleum for energy efficiency and limit greenhouse emissions is leading to the increasing sales of electric vehicles, thereby bolstering the market. There is a rising shift towards electric three-wheelers due to their multiple advantages, such as reduced operating and maintenance expenses and ease of operation. Additionally, three-wheelers provide easy options of replacing discharged batteries with charged ones, unlike four-wheelers. The rapid development of the charging infrastructure and the availability of environment-friendly batteries like lithium-ion is further invigorating the market growth. Electric three-wheelers are also used in various applications like carrying passengers, goods, and garbage disposal, among others, and electrification reduces the running cost of vehicles. The government initiatives towards producing electric vehicles to boost e-mobility are likely to play a critical role in the market expansion of electric three-wheelers. In March 2023, under its electric vehicle policy, the Delhi Government in India launched electric autos in order to support self-employment and accelerate the transition from fuel-based vehicles to EVs in the country. Over the forecast period, the advancements in electric vehicle battery technologies and the increasing penetration of market players are expected to further stimulate the market growth of electric three-wheelers.
The report gives a detailed analysis of the following key players in the global electric three-wheeler market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Upto 15% Off
USD
$3999 $3599
$2499 $2249
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2025, the global electric three-wheeler market attained a value of nearly USD 829.72 Million.
The market is assessed to grow at a CAGR of 5.10% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach almost USD 1364.45 Million by 2035.
The major market drivers include the expanding use of Li-ion batteries, development of EV charging infrastructure, reduced operating and maintenance expenses associated with three-wheeler EVs compared to four-wheelers, ease of operation, energy efficiency, and cost-effectiveness.
The key trends guiding the growth of the market include the rising eco-consciousness, reduced dependency on fossil fuels, government initiatives, advancements in battery technologies, and increasing penetration of market players.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different end uses of electric three-wheelers include passenger carrier and goods carrier.
The significant battery types of electric three-wheelers include Li-ion and lead acids.
The major players in the market are Terra Motors Corporation, Mahindra Electric Mobility Limited, Piaggio & C. SpA, Kinetic Green Energy & Power Solutions Ltd., Wuxi SAIGE Electric Vehicle Tech Co.,Ltd, and BILITI Electric Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by End-Use |
|
| Breakup by Battery Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Share