Electric three-wheeler registrations rise 85.4% during January–October 2026, with Bajaj overtaking Mahindra and TVS gaining ground. India’s electric three-wheeler registrations surged 85.4 per cent to 3,44,157 units during January–October 2026 from 1,85,627 a year earlier, but the expansion reshuffled competitive positions. Bajaj Auto overtook Mahindra Last Mile Mobility, and TVS Motor grew substantially faster than the market, while several smaller manufacturers and established players struggled to keep pace with rising demand.