The electric two-wheeler industry recorded its highest-ever monthly sales in Oct 2026 as retail volumes surpassed 2.24 lakh units
The electric two-wheeler sales reached an all-time high of 2.24 lakh units in October 2026 from 1.51 lakh units during the same month last year. The e2w indsutry grew by 48.5 percent on a YoY basis. In fact, the MoM (month-on-month) sales also surged by 8 percent as 2.07 lakh units were retailed in September 2026. The share of pure electric models in the overall two-wheeler sales came down at 9.7 percent from 11.6 percent in Sep 2026. However, it posted a strong growth if we compare it with October 2025 (4.7 percent).
Commenting on the Oct’26 Electric Vehicle retail data, FADA President Mr. Sai Giridhar said: “Tellingly, demand ran ahead of supply this month: with petrol and diesel prices continuing to remain elevated, electric vehicle driving ranges now materially improved and EV prices increasingly at par with comparable petrol and diesel models, buyer pull strengthened to the point where availability — not demand — became the binding constraint. This steady, broad-based shift to cleaner mobility — holding firm even in a base-distorted month — is among the most encouraging structural signals in Indian auto retail today.”
TVS Motor Company continued to lead the segment with total sales of 60,490 units in Oct 2026 with a YoY growth of nearly 94.7 percent. The brand had retailed 54,037 units during the same month last year. It was closely followed by Bajaj Auto with sales of 49,126 units last month with a YoY growth of 51.3 percent as 32,462 units were retailed in October 2025.
| Electric Two-Wheeler Sales Oct 2026 | ||
| Brand (YoY Growth) | October 2026 Sales | October 2025 Sales |
| TVS Motor Company (94.7%) | 60,490 | 31,075 |
| Bajaj Auto (51.3%) | 49,126 | 32,462 |
| Ather Energy (5.2%) | 31,833 | 30,246 |
| Hero MotoCorp Vida (81.4%) | 29,923 | 16,499 |
| Ola Electric (-26.4%) | 12,098 | 16,439 |
| Greaves Electric Mobility (40%) | 10,839 | 7,743 |
| River Mobility (274%) | 6,817 | 1,823 |
| BGauss Auto (80.6%) | 5,556 | 3,077 |
| Others (50.8%) | 17,382 | 11,526 |
| Total (48.5%) | 2,24,064 | 1,50,890 |
Ather Energy occupied the third spot with 31,833 units and 5.2 percent YoY growth. The brand had sold 30,246 units in October 2025. Hero MotoCorp’s Vida electric scooters held the fourth position with 29,923 units in October 2026 against 16,499 units dispatched during the same month last year with a YoY growth of 81.4 percent. As we can see, the retails volumes of all the top 4 brands grew double-digit onwards, except for Ather Energy.
Ola Electric, securing the fifth spot, was the only brand in the list of key e2w brands to post a decline in YoY sales (26.4 percent) as numbers slipped from 16,439 units in Oct 2025 to 12,098 units in Oct 2026. Greaves Electric Mobility, which retails Ampere e-scooters, was at the sixth position with 10,839 units in Oct 2026 with a YoY growth of 40 percent as 7,743 units were sold in Oct 2025.
River Mobility’s YoY sales increased by a staggering 274 percent as the brand sold 6,817 units in Oct 2026 against 1,823 units in Oct 2025. BGauss Auto closed the difference with sales of 5,556 units last month as volumes almost doubled from 3,077 units in Oct 2025 with a YoY growth of 80.6 percent. The ‘Others’ comprising of E-Sprinto and Bounce among others recorded sales of 17,382 units last month.
