- Youdha plans to increase its aftermarket revenue 30% over the next two years
New Delhi: Youdha, the electric mobility arm of the Lohia Global Group, has announced an expansion strategy aimed at strengthening its position in the fast-growing L5 commercial EV segment, which includes electric autos and cargo loaders. The company is scaling its after-sales ecosystem, spare-parts infrastructure, diagnostics software capabilities and retail presence as demand for electric three-wheelers continues to accelerate across key markets.
Industry estimates show that more than 1.3 million electric autos and loaders operate in India today, making the L5 category the largest contributor to EV adoption. High daily utilisation has also created sustained demand for service support and component replacement, prompting OEMs to pivot towards lifecycle revenue streams.
Youdha plans to increase its aftermarket revenue share from the current 10–12% to about 30% over the next two years. As part of this strategy, the company is expanding its service & sales network to more than 500 touchpoints and is setting up regional stocking hubs in Delhi NCR, Lucknow and Kolkata to ensure timely availability of high-demand components such as controllers, brake assemblies, tyres and suspension parts.
According to Ayush Lohia, CEO, Youdha, improving uptime remains central to the company’s commercial EV strategy. “In the L5 category, an operator’s income is directly linked to vehicle availability. Our expansion across spares and service is designed to meet that expectation,” he said.
The company is also preparing to roll out a cloud-based predictive maintenance platform that tracks battery health, controller performance, motor behaviour and temperature deviations to help fleet operators minimise breakdowns and improve operating efficiency. Software-enabled maintenance, the company said, is expected to emerge as an important value stream as EV electronics become more advanced.
To widen access to fast-moving components, Youdha plans to establish more than 200 exclusive outlets across North, East and Central India. It also intends to set up around 80-100 retail experience centres in Tier-2 and Tier-3 cities, which account for the bulk of L5 EV sales and utilisation.
At the product level, Youdha is expanding its lineup with the E5 Passenger and E5 Cargo models, and plans to introduce a new L5 platform in 2026 featuring modular batteries, improved integration and telematics readiness.
The L5 passenger and cargo segment currently accounts for more than half of India’s EV registrations and is projected to reach 6% to 7% Growth E3W sales by FY26, with the aftermarket opportunity estimated at ₹4,500–₹5,000 crore over three years. Lohia said the company’s roadmap is aligned with this shift. “Commercial EVs will continue to dominate volume growth in the near term. Our focus is to build a full-stack ecosystem covering vehicles, parts, diagnostics and service,” he said.
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