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TVS leads India's electric two-wheeler market again in October

Electric two-wheeler sales reached 223,847 units in October, up from 208,705 in September, according to Vahan registration data.

By idly intel

2 min read

AI-assisted
Written by idly intel with AI help from several outlets' reporting, and checked before it goes live. How idly works
Image: Autocar Professional

Key facts

Story
  • Electric two-wheeler registrations rose to 223,847 units in October from 208,705 in September.
  • TVS Motor led with 60,429 registrations, a 27% market share, and became the first Indian e-2W maker to pass 60,000…
  • Ola Electric was the only top-five player to report a monthly fall, down 10.12% to 12,096 units.

Electric two-wheeler sales in India rose to 223,847 units in October, up from 208,705 in September, according to latest Vahan registration data. TVS Motor stayed at the top of the market with 60,429 registrations, a 27% share.

TVS Motor's registrations rose 11.08% from 54,403 units in September. Bajaj Auto stayed in second place with 49,067 registrations, a 21.92% share, after growing 0.67% month on month. Ather Energy came third with 31,796 registrations, a 14.2% share, after a 2.75% rise.

Hero MotoCorp had a strong month. Its registrations rose 22.34% to 29,901 units, giving it a 13.36% share. Greaves Electric Mobility recorded 10,838 registrations, up 16.3%, and River Mobility reached 6,796 units, up 20.3%. BGauss and E-Sprinto Green Energy also posted growth.

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Ola Electric was the sole member of the top five that saw registrations slide over the month. Its registrations fell 10.12% from 13,458 units to 12,096, a 5.4% share. Motovolt Mobility entered the top 10 for the first time in October.

A record festive month

One industry tally, which counts 209 scooter, motorcycle and moped makers, put October's total at a record 223,847 units. That is up 48% from 150,891 units in October 2025. The same tally said the electric segment made up about 10% of the 2.31 million two-wheelers, both petrol and electric, sold in India last month.

The count also said 2026 has already passed the full-year 2025 total. Electric two-wheeler sales reached 1.34 million units in 2025, and the industry has now sold 453,844 more units than that figure in the first ten months of 2026. Navratri, from 11 to 20 October, supported strong buying, and October was the third month this year with more than 200,000 sales, after July and September.

What comes next

The same industry tally said Dhanteras and Diwali, falling between 6 and 8 November, could push November's numbers higher still. The data covers retail registrations only, so it does not show dispatches from factories or unsold stock.

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Sources: Entrackr, Autocar Professional

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