Atul Auto Limited, a leading manufacturer of three-wheeled vehicles, has announced impressive sales figures for November 2024. The company reported a significant growth of 19.41% in domestic sales, with a total of 2,535 units sold, compared to 2,123 units in November 2023. The growth is primarily driven by the strong performance of internal combustion engine (IC engine) three-wheelers, which saw a 27.26% increase, from 1,460 units in November 2023 to 1,858 units this November.
In the electric vehicle (EV) segment, Atul Auto’s L3 category (electric three-wheelers) faced a slight decline of 15.16%, selling 526 units compared to 620 units in the previous year. However, the L5 EV category witnessed remarkable growth, with sales rising by an impressive 251.16%, from 43 units in November 2023 to 151 units in November 2024.
Year-to-date (YTD) figures also highlight robust performance, with a 39.90% increase in total domestic sales, reaching 20,124 units compared to 14,385 units in the same period last year. Export sales have also contributed positively to the overall performance, with both domestic and export total sales for November 2024 standing at 2,828 units, up 24.58% from 2,270 units in November 2023.
