India’s electric two-wheeler market has crossed the 10-lakh mark in just seven months, with established manufacturers driving much of the growth
India’s electric two-wheeler market has hit an interesting milestone in 2026. Sales of electric scooters, motorcycles and mopeds crossed 10 lakh units in just seven months, marking the quickest pace at which the segment has reached the milestone. According to Vahan data, 10,05,279 electric two-wheelers were sold between January 1 and July 6, 2026.
This represents a 54 per cent increase over the 6,54,592 units recorded during the same period last year. The numbers become even more interesting when you look at how the year has progressed. Electric two-wheelers recorded 1,29,265 units in January, followed by 1,18,408 units in February.
March saw a massive jump to 1,99,393 units, which remains the highest monthly figure so far. Sales then stood at 1,57,619 units in April and 1,72,530 units in May. June was another strong month with 1,94,186 units, while the industry added another 33,878 units in the first six days of July.
The market is increasingly being dominated by TVS, Bajaj, Ather and Hero, with traditional two-wheeler manufacturers making particularly strong gains. During the first half of 2026, 9,70,993 electric two-wheelers were registered, representing a 53.3 per cent increase over the same period last year.
The four manufacturers accounted for nearly 96 per cent of the incremental growth during this period. Top gainers have been the TVS iQube and the Bajaj Chetak range. Ather too has continued to grow with products such as the Rizta, while Hero MotoCorp has expanded its presence through the Vida range.
Ola Electric has lost during this period. Ola registered 65,999 electric two-wheelers, down 44.1 per cent year-on-year, reducing its market share from 18.6 per cent to 6.8 per cent. Given Ola’s after-sales debacle, more customers are preferring to go with legacy brands.
With more affordable products, better charging infrastructure and established manufacturers putting serious money behind EVs, the second half of 2026 could be even more interesting. The big question now isn’t whether electric two-wheelers will grow, but how quickly they can push beyond that 10 per cent market share.
