EV two-wheeler market grew by 21 percent
from india electric two wheeler The market is continuously growing with strong demand in cities and towns. According to the Federation of Automobile Dealers Association, total EV two-wheeler retail sales are expected to reach 14,01,818 units in FY2026. This shows a good growth of 21.81 percent compared to the previous year.
Additionally, electric two-wheelers now account for 6.5 percent of the total market. This is slightly higher than 6.1 percent for FY 2025. So, the shift towards electric mobility is clearly gaining momentum, albeit slowly.
Growth momentum has built up but market share is still limited
FADA President CS Vigneshwar highlighted that crossing 14 lakh units is an important milestone. He said that two-wheelers remain the backbone of personal transportation in India.
Additionally, a strong EV share of 9.79 percent was recorded in March 2026 alone. This shows improvement in momentum by the end of the financial year. However, a strong month may not completely confirm a long-term turnaround.
Perhaps, rising fuel concerns and better charging support could further boost EV adoption in the coming months. Still, EVs remain a small part of the total two-wheeler market.
TVS leads while Ather and Bajaj show strong growth
TVS Motor Company Emerging as the top EV two-wheeler seller with 3,41,513 units in FY26. This represents a strong growth of 43.54%.
Other than this, Bajaj Auto Took second position with 2,89,349 units and steady growth. During this time, ather energy Impressed by 82.34% jump in sales.
These figures show that frequent product updates and dealer support are helping brands grow rapidly in the region.
Ola declined while Hero witnessed a rise.
On the other hand, Ola Electric FY2026 sales faced a big decline. The company sold 1,64,295 units, which is much less than last year.
However, Hero MotoCorp There was a strong recovery with a huge increase of 196.13 percent. Nevertheless, it still lags behind the top EV players in terms of total volumes.
Additionally, brands like Greaves, bigos, RiverAnd simple energy Steady growth was recorded even from small bases.
EV market expanding with mixed brand performance
Overall, the EV two-wheeler market shows clear expansion but uneven growth across brands. Some companies grow rapidly, while others adjust their strategies.
Perhaps, factors such as product quality, service support and supply chain will decide future success. Therefore, sustainability matters more than initial gains in this fast-changing segment.
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