Electric Two-Wheeler Market in India Sees Record Growth with 11.24% Market Share
India's electric two-wheeler market has experienced significant growth, reaching a record 11.24% share of the overall two-wheeler market in July 2026. According to FADA retail registration data, sales of electric scooters and motorcycles surpassed the 2 lakh unit mark for the first time, totaling 204,362 units. This represents an 88.32% year-on-year increase from July 2025 and a 4.82% month-on-month rise from June 2026. TVS Motor led the market with 55,499 retail registrations, marking a 135.24% year-on-year growth. Bajaj Auto followed with 45,613 units, driven by the demand for its Chetak range. Ather Energy, Hero's Vida brand, and Ola Electric also contributed to the market dynamics, although Ola Electric faced a decline in sales.