India's electric two-wheeler registrations hit record 2.24 lakh units in October 2026
Total electric two-wheeler registrations in India reached 2.24 lakh in October 2026, driven by strong growth from TVS Motor, Bajaj Auto and other manufacturers.
India’s electric two-wheeler market recorded its highest monthly registrations in October 2026, with 2,24,064 units sold, according to data compiled by RushLane. The figure represents a 48.49% year-on-year increase from 1,50,890 units in October 2025 and an 8.08% rise from September 2026.
TVS Motor retained the top spot, delivering 60,490 units, a 94.66% jump from the same month a year earlier and an 11.94% improvement over September. Bajaj Auto held second place with 49,156 units, up 51.33% year-on-year and contributing roughly 21.9% of the market share. Together, TVS and Bajaj accounted for about 48.9% of total registrations.
Ather Energy sold 31,833 units, marking a modest 5.25% year-on-year rise, while Hero MotoCorp posted 29,923 units, an 81.36% increase from October 2025. Ola Electric saw a decline, registering 12,098 units, down 26.41% year-on-year.
Smaller players reported notable growth: Greaves Electric sold 10,839 units (39.98% YoY), River Mobility posted 6,817 units (273.94% YoY), and BGauss recorded 5,556 units (80.57% YoY). Other manufacturers collectively contributed 17,382 units, a 50.81% year-on-year increase.
The data underscores expanding competition in India’s electric two-wheeler segment, with established brands strengthening their positions and newer entrants gaining momentum, even as some firms face declining sales.