TL;DR
TVS Motor Company led the Indian electric two-wheeler market in February 2026 with 31,600 units sold, securing a 28% market share amidst overall strong segment growth.
TVS Motor Company has solidified its market dominance in the electric two-wheeler segment for February 2026, retailing 31,600 units. This performance represents a robust 67% year-on-year increase compared to February 2025 and grants TVS a commanding 28% market share for the month. The strong sales figures for the iQube and Orbiter e-scooters position TVS to potentially become the leading e-2W OEM for the fiscal year 2026.
Overall, electric two-wheeler deliveries in February 2026 reached 111,680 units, a 46% jump year-on-year. This marks the second-highest monthly sales in the current fiscal year and pushes cumulative 11-month sales for FY2026 to over 1.2 million units, surpassing the entire FY2025's record. Alongside TVS, other manufacturers like Bajaj Auto, Ather Energy, and Hero MotoCorp also reported strong growth, while Greaves Electric Mobility notably outsold Ola Electric, rising to the fifth position.
