TVS King EV Max Sells 5,624 Units in H1 2025, Eyes Top 10 Spot in E-3W Market
TVS Motor Company, a legacy ICE leader, is quickly climbing the electric three-wheeler ladder with its latest product—TVS King EV Max. In just six months of 2025, the electric rickshaw has sold 5,624 units, capturing 1.55% market share and securing the #11 spot out of 575 players, according to Vahan data.
In June 2025, it clocked its best-ever monthly sales at 1,655 units, translating to a 2.73% monthly market share—a significant milestone for a newcomer in India’s fiercely competitive e-3W market.
Rapid Growth in Sales — 277% QoQ Growth
The King EV Max has seen steep month-on-month growth since its launch:
|
Month |
Units Sold |
|
January |
133 |
|
February |
267 |
|
March |
779 |
|
April |
1,129 |
|
May |
1,661 |
|
June |
1,655 |
- Q1 2025: 1,179 units
- Q2 2025: 4,445 units (📈 277% QoQ growth)
This strong performance places TVS ahead of other well-funded players like Omega Seiki, Atul Auto, and Montra Electric.
TVS King EV Max: Features & Specifications
- Battery Pack: 9.7 kWh Lithium Ferro Phosphate (LFP)
- Range: 179 km per charge
- Top Speed: 60 km/h
- Modes: Eco (40 km/h), City (50 km/h), Power (60 km/h)
- Charging Time:
- 0–80%: 2h 15m
- 0–100%: 3h 30m
- Connectivity: Bluetooth-enabled diagnostics, last parked location, call/message alerts
- Lighting: LED headlamps with DRLs and LED tail-lamps
- Water-wading Capacity: Up to 500 mm
TVS has also introduced smart connected features through an LCD dashboard similar to its electric two-wheelers.
Availability and Market Reach
Currently, the TVS King EV Max is available in select states:
- Uttar Pradesh
- Bihar
- Delhi
- Jammu & Kashmir
- West Bengal
With rising adoption and high-volume state rollouts expected in Maharashtra, Tamil Nadu, and Karnataka, H2 2025 could be even stronger.
TVS vs Key Competitors in H1 2025 (Market Share)
|
Company |
Units Sold |
Market Share |
|
Mahindra Last Mile Mobility |
38,262 |
10.57% |
|
Bajaj Auto |
33,521 |
9.26% |
|
Piaggio Vehicles |
7,357 |
2.03% |
|
TVS King EV Max |
5,624 |
1.55% |
|
Omega Seiki |
3,614 |
1.00% |
|
Atul Auto |
3,359 |
0.92% |
|
Montra Electric (TI Mobility) |
3,116 |
0.86% |
TVS is now one of the fastest-growing entrants in India’s e-rickshaw market, thanks to a blend of performance, range, and pricing.
Final Thoughts: TVS King EV Max Set for a Bigger Play
With a robust feature list, premium build, competitive pricing, and an LFP battery-backed warranty proposition, the TVS King EV Max is fast emerging as a formidable player in the e-3W segment. It brings both trust and innovation to a segment that's ripe for disruption.