India’s electric two-wheeler (E2W) market continued its strong growth momentum in June 2026, with registrations rising 12.2% month-on-month to 1.93 lakh units, according to the latest Vahan data. The steady increase in demand reflects the country’s accelerating shift toward electric mobility, supported by new product launches, growing consumer interest, and favorable government policies.
TVS Retained Lead in June 2026, emerging as the best-performing electric two-wheeler manufacturer for another consecutive month. The company further strengthened its position over its closest competitors, while traditional automakers continued to outperform several early EV startups.
TVS Motor Maintains Market Leadership
TVS Retained Lead in June 2026 with 46,999 electric two-wheeler registrations, accounting for a 24.29% market share. The company added 4,034 more units compared to May, registering a healthy 9.4% month-on-month growth.
The strong performance was primarily driven by the continued popularity of the TVS iQube electric scooter lineup, along with increasing customer acceptance of its expanding electric portfolio.
Bajaj Auto Continues Close Competition
Bajaj Auto remained the second-largest player in India’s electric two-wheeler market by registering 43,234 units during June. The company secured a 22.34% market share after adding 3,727 units in May, matching TVS with 9.4% monthly growth.
Its expanding Chetak electric scooter range continues to help Bajaj steadily narrow the gap with the market leader.
Ather Energy Holds Third Position
Ather Energy successfully retained the third spot with 31,188 registrations, representing a 16.12% market share. Compared to May’s 28,512 units, the company also posted a 9.4% month-on-month increase, highlighting stable demand for its premium electric scooters.
Hero MotoCorp Records Fastest Growth
Hero MotoCorp, through its VIDA electric brand, remained in fourth place with 21,792 registrations and an 11.26% market share.
Among the top five manufacturers, Hero delivered the highest monthly growth rate of 13.4%, adding 2,578 units compared to May. The strong performance indicates growing customer acceptance of the company’s expanding EV lineup.
Ola Electric Remains Fifth Despite Recovery
Ola Electric continued to rank fifth in June despite showing signs of recovery. The company recorded 16,144 registrations, up from 15,218 units in May, reflecting 6.1% month-on-month growth.
Its 8.34% market share indicates that while volumes improved slightly, the company continues to trail established manufacturers such as TVS, Bajaj, Ather, and Hero MotoCorp.
Smaller EV Manufacturers Show Strong Momentum
Beyond the top five players, several emerging manufacturers delivered impressive monthly growth.
Greaves Electric Mobility stood out with registrations jumping 41.9% to 10,928 units, making it one of the strongest performers during June.
River Mobility also posted healthy 16% growth, while BGauss recorded an impressive 18.7% increase in registrations.
Among smaller brands, E-Sprinto Green Energy registered the sharpest growth, nearly doubling its monthly registrations to 1,878 units, reflecting increasing competition across the broader EV ecosystem.
Government Policies Continue to Support EV Adoption
The market’s positive momentum comes alongside stronger policy support for electric mobility.
The Delhi government recently approved its new EV Policy, under which only electric two-wheelers will be eligible for new registrations in the national capital from April 2028. The policy also introduces purchase incentives of up to ₹30,000 for electric two-wheelers during its first year.
These measures are expected to accelerate EV adoption in one of India’s largest two-wheeler markets while encouraging manufacturers to expand their electric product offerings.
Outlook for India’s Electric Two-Wheeler Market
TVS Retained Lead in June 2026, reflecting the growing dominance of legacy automobile manufacturers in India’s rapidly evolving electric mobility sector. Vahan data also highlights a changing competitive landscape where established companies continue strengthening their market positions through wider product portfolios, stronger dealer networks, and consistent production capabilities.
With registrations reaching 1.93 lakh units, supportive government policies, and increasing consumer demand, the outlook for India’s electric two-wheeler market remains highly positive. As competition intensifies among both established manufacturers and emerging EV brands, TVS Retained Lead in June 2026, while the overall industry appears well-positioned for sustained growth in the coming months.
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