TL;DR
Greaves Electric Mobility has become one of India's top five electric two-wheeler manufacturers in September 2026, surpassing Ola Electric in registrations and market share.
Greaves Electric Mobility (GEML) has significantly boosted its standing in India's electric two-wheeler market, climbing into the top five manufacturers for September 2026. The company's strong performance saw it surpass Ola Electric, a dominant player in recent years, according to recent Vahan data.
GEML recorded 2,645 electric two-wheeler registrations, securing a 4.6% market share in the first nine days of September. In contrast, Ola Electric registered 2,607 units, accounting for a 4.5% market share during the same period. This marks a notable shift, as Ola's market share has steadily declined from a peak of 35% in 2024.
