TVS Motors leads India’s electric two-wheeler market in September 2026, followed by Bajaj Auto as competition heats up.
TVS Motors Takes the Top Spot
TVS Motors registered 54,142 electric two-wheelers, securing a 26.1% market share. Registrations grew 126.3% year-on-year, keeping the company ahead of its rivals.
Bajaj Auto Comes in Second
Bajaj Auto recorded 48,535 electric two-wheeler registrations in September 2026. The company posted 139.4% year-on-year growth, bringing it closer to market leader TVS.
Ather Energy Holds Third Place
Ather Energy registered 30,612 electric two-wheelers during September. Its registrations increased 56% year-on-year, strengthening its position in India's electric scooter market.
Hero MotoCorp Shows Strong Growth
Hero MotoCorp recorded 24,354 electric two-wheeler registrations. Sales grew 83.5% year-on-year, showing rising demand for its electric scooter brand, Vida.
Ola Electric Faces a Decline
Ola Electric registered 13,452 electric two-wheelers in September 2026. Unlike its major rivals, the company recorded a 3% year-on-year decline.
Greaves Electric Records Triple-Digit Growth
Greaves Electric Mobility registered 9,318 electric two-wheelers in September. Registrations jumped 114.1% year-on-year, highlighting strong growth despite its smaller market position.
TVS and Bajaj Lead the Competition
TVS Motors and Bajaj Auto together registered more than 1 lakh electric two-wheelers. Their strong performance highlights the growing competition for leadership in India's EV market.
India's EV Market Keeps Growing
September's registrations show rising demand for electric two-wheelers across major brands. TVS leads by volume, Bajaj is closing the gap, and Ather and Hero continue to expand.