Atul Auto reported a 7.3% year-on-year increase in total sales for May 2025, with combined domestic and export volumes reaching 2,502 units compared to 2,331 units in May 2024. The growth was driven by a strong performance in internal combustion engine (IC engine) three-wheelers, despite a decline in electric vehicle (EV) sales in the L3 segment.
In the domestic market, total sales stood at 2,357 units in May 2025, up 12.2% from 2,100 units in the same month last year. IC engine three-wheeler sales rose by 20.25% to 1,793 units, while the EV-L3 segment declined by 35.71% to 369 units. However, the EV-L5 segment recorded a notable increase, growing over 450% year-on-year with 195 units sold compared to 35 units in May 2024.
When combining domestic and export figures, IC engine three-wheeler sales reached 1,938 units, an increase of 12.54% from 1,722 units in the previous year. EV-L5 sales, including exports, rose significantly to 195 units from 35 units, reflecting growing traction in that category. EV-L3 sales remained under pressure, unchanged from domestic performance.
For the financial year to date (April–May 2025), total sales across domestic and export markets reached 4,227 units, marking a 5.07% rise compared to 4,023 units in the corresponding period of the previous fiscal. IC engine vehicle sales during this period grew by 5.22%, while EV-L3 sales declined 14.3%. The EV-L5 segment maintained momentum, registering a sharp increase to 244 units from 52 units in FY 2024–25.
