TL;DR
India's electric two-wheeler market grew 45.60% YoY in February 2026, reaching 111,709 units, with TVS, Bajaj, and Ather leading sales, despite a slight MoM dip.
The Indian electric two-wheeler market continued its strong growth trajectory in February 2026, reporting a 45.60% year-on-year increase with a total of 111,709 units sold. While showing robust annual expansion, sales experienced a slight month-on-month decline of 9.04% compared to January 2026 figures.
TVS Motor Company maintained its leadership position in the segment, recording 31,614 unit sales and a significant 66.78% YoY growth. Bajaj Auto secured the second spot with 25,328 units, followed by Ather Energy with 20,584 units. Hero Vida also demonstrated remarkable growth, achieving a 364.17% YoY increase in sales, reflecting the dynamic and competitive nature of India's electric two-wheeler landscape.
