TL;DR
India's electric two-wheeler sales surged past 1.5 million units in the first nine months of 2026, driven by strong monthly growth and increasing consumer adoption.
India's electric two-wheeler (E2W) market has demonstrated significant growth, with sales crossing the 1.5 million unit mark in the first nine months of 2026, from January to September. This represents a substantial increase compared to the 961,000 units sold during the same period in 2025. September alone saw a 7.7% month-on-month rise in E2W registrations, reaching 197,000 units.
Key players like Ola Electric, Bajaj Auto, Ather Energy, and TVS Motor Company continue to lead the segment, with Ola Electric holding the largest market share at 26.7% in September, followed by Bajaj Auto at 22.4% and Ather Energy at 15.6%. The competitive landscape is intensifying, driven by increasing consumer preference for electric mobility and ongoing innovations in battery performance and charging ecosystems.
