Atul Auto, a leading player in the three-wheeler (3W) market, has reported impressive growth in its total sales for January 2025, marking a year-on-year (YoY) increase of 19.84%. The company has shown robust performance across its product categories, with significant contributions from both internal combustion engine (ICE) three-wheelers and electric vehicles (EVs). This growth comes as Atul Auto continues to strengthen its position in both domestic and export markets.
Domestic Sales Performance (January 2025)
Atul Auto’s domestic sales for January 2025 reflect steady growth, with an overall increase of 8.68% compared to January 2024.
- IC Engine Three-Wheelers: The company sold 1,634 IC engine-powered three-wheelers in January 2025, a slight increase of 1.55% from January 2024. The total number of IC engine three-wheelers sold in the FY 2024-25 reached 17,709, up 36.99% compared to the same period in the previous fiscal year (FY 2023-24).
- Electric Vehicles (EV) – L3 Segment: The sales of EV – L3 vehicles in January 2025 stood at 519 units, which marks a decrease of 6.82% compared to the previous year. However, for the fiscal year, the company saw a growth of 12.59%, with 6,181 units sold as of January 2025, compared to 5,490 units in FY 2023-24.
- Electric Vehicles (EV) – L5 Segment: The company’s EV – L5 sales skyrocketed in January 2025, achieving an astounding growth of 922.73%. With 225 units sold in January 2025, Atul Auto has clearly tapped into the growing demand for electric three-wheelers. The total sales of EV – L5 vehicles for FY 2024-25 reached 1,135 units, a massive 202.67% increase from the previous year.
Domestic and Export Sales Combined (January 2025)
When combining both domestic and export markets, Atul Auto has seen a robust growth of 19.84% in total sales for January 2025.
- IC Engine Three-Wheelers: The company sold a total of 2,028 IC engine-powered three-wheelers in January 2025, reflecting a growth of 16.96% YoY. The total sales for FY 2024-25 have reached 20,074 units, showing a strong increase of 36.13% from FY 2023-24.
- Electric Vehicles (EV) – L3 Segment: In the combined domestic and export markets, EV – L3 sales remained steady with 519 units sold in January 2025, marking a 6.82% decline compared to the same month last year. For the fiscal year, the segment grew by 12.59%, with 6,181 units sold, as compared to 5,490 units in FY 2023-24.
- Electric Vehicles (EV) – L5 Segment: The EV – L5 category has seen exceptional growth, with 225 units sold in January 2025, up 922.73% from January 2024. For FY 2024-25, the segment’s total sales reached 1,164 units, reflecting an impressive 210.40% growth over the previous fiscal year.
Total Sales Overview for FY 2024-25
Atul Auto’s total sales for FY 2024-25 have surged by 33.17% in the domestic market and 33.03% when combining both domestic and export sales. With a total of 25,025 units sold in the domestic market and 27,419 units across both markets, the company is well-positioned to close the fiscal year on a high note, driven by the growing demand for electric vehicles and the continued popularity of its IC engine-powered three-wheelers.
