Youdha Targets 30% Aftermarket Revenue with L5 EV Expansion Plan

Youdha, the electric mobility division of Lohia Global Group, has unveiled plans to significantly expand its after-sales infrastructure and dealer network as it seeks to strengthen its foothold in India's L5 commercial electric vehicle segment.

The company aims to increase its aftermarket revenue share from the current 10-12% to approximately 30% over the next two years, targeting the rapidly expanding electric auto and cargo loader market where more than 1.3 million vehicles are currently operational across India.

As part of the expansion strategy, Youdha will scale its service and sales network to over 500 touchpoints and establish regional stocking hubs in Delhi NCR, Lucknow and Kolkata. These hubs will stock high-demand components including controllers, brake assemblies, tyres and suspension parts to reduce downtime for commercial operators.

"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," said Ayush Lohia, CEO of Youdha.

The L5 segment, which includes electric three-wheelers used for passenger and cargo transport, has emerged as the largest contributor to EV adoption in India. The high daily utilisation of these vehicles has created sustained demand for service support and component replacement, prompting manufacturers to focus increasingly on lifecycle revenue streams.

Youdha also plans to introduce a cloud-based predictive maintenance platform designed to monitor battery health, controller performance, motor behaviour and temperature variations. The software-enabled system is intended to help fleet operators reduce breakdowns and improve operational efficiency.

The company will establish more than 200 exclusive outlets across North, East and Central India, alongside 80-100 retail experience centres in Tier-2 and Tier-3 cities, which account for the majority of L5 EV sales.

On the product front, Youdha is expanding its portfolio with the E5 Passenger and E5 Cargo models, with plans to launch a new L5 platform in 2026 featuring modular batteries, improved integration and telematics capabilities.

The L5 segment currently represents over half of India's EV registrations and is projected to achieve 6-7% growth in electric three-wheeler sales by FY26. The aftermarket opportunity for this segment is estimated at ₹4,500-₹5,000 crore over the next three years.

"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," Lohia added.