May E2W registrations hit 1.70 Lakh units, up 8.4% MoM and 69% YoY. Legacy OEMs led the pack with TVS at 42,376 units, Bajaj at 39,104 and Hero at 19,044. Ola Electric rebounded 22% to 15,139 units (9% share) while Ather stalled at 28,190 units (-0.9%, 16.5% share). Smaller players slipped double digits.

Inc42 · 6/1/2026, 11:07:02 AM

India's electric two-wheeler market clocked 1.70 lakh units in May, up 8.4% MoM and 69% YoY. TVS Motor led with 42,376 units, followed by Bajaj at 39,104 and Hero at 19,044. Ola Electric rebounded 22% to 15,139 units but market share slipped to ~9%, while Ather held flat at 28,190 units with 16.5% share.

Inc42 · Buzz · 6/1/2026, 11:06:08 AM

India's electric two-wheeler market grew 8% MoM to 1.70 lakh registrations in May 2026. Ola Electric led growth at +23% to 15,139 units (8.88% share), while Bajaj's 39,104 units (22.94%) narrowed the gap with leader TVS at 42,376 units (24.9%). Ather and Hero held third and fourth positions.

Entrackr · Newsletter · 6/1/2026, 3:32:58 AM

Bengaluru EV scooter maker Simple Energy closed a ₹250 cr Series B (equity + ₹123 cr NBFC debt) to scale capacity from 3,000 to 10,000 units/month by March 2027. It runs 71 outlets across 38 cities and is eyeing an H2 FY28 listing as it chases a 4x revenue jump to ₹170 cr.

Business Standard · Companies · 6/1/2026, 12:40:23 AM

Electric scooter registrations recovered to ~150,796 units in May after April's 22% MoM drop, though still below March's 192,000 peak. TVS (41,558) and Bajaj (38,012) overtook Ather (27,525), Hero (18,261) and Ola (14,752). Ola is pivoting to B2B, targeting gig riders for Zomato, Swiggy, Zepto and Blinkit.

ET Small Business · 5/31/2026, 7:44:31 PM

India's electric two-wheeler registrations hit 1.64 lakh units in May 2026, up 58% YoY and 18% MoM, as fuel supply anxiety post West Asia conflict pulled buyers in. TVS leads with 25% share (41,489 units), Bajaj at 23%, Ather doubled to 17%, while Ola Electric's share halved to 9%.

The Hindu BusinessLine · 5/31/2026, 3:58:13 PM

India's electric two-wheeler registrations surged 58% YoY and 18% MoM to 1.64 lakh units in May 2026, with fuel supply anxiety post West Asia war boosting demand. TVS led at 25% share (41,489 units), followed by Bajaj (23%) and Ather (17%), which doubled volumes. Ola Electric's share nearly halved to 9%.

The Hindu BusinessLine · 5/31/2026, 9:58:32 AM

India's electric two-wheeler registrations surged 58% YoY and 18% MoM to 1.64 lakh units in May 2026, with analysts citing fuel-supply anxiety post West Asia conflict. TVS Motor leads at 25% share (41,489 units), Bajaj follows at 23%, while Ather doubled volumes (96% YoY) to 17%. Ola Electric's share halved to 9%.

BL · Consumer & Economy · 5/31/2026, 9:58:04 AM

EV car registrations jumped 51% to 21,669 units in May (to 27th) and e2W rose 36% to 143,668 as fuel-price spikes pull buyers in. Tata Motors is running 2-2.5x its 9,000-10,000/month capacity and targets ~15,000 units in 3-4 months. EV mix climbed to 18% at Tata and 10% at Mahindra.

ET Small Business · 5/29/2026, 12:23:46 AM

Ather Energy incorporated wholly owned Ather Insurance to operate as a corporate agent, pending IRDAI nod. Q4 net loss narrowed to ₹100 cr on ₹1,174.4 cr revenue (+73.8% YoY). FY26 volumes reached 2.62 lakh units (+69% YoY), led by the Rizta scooter. Shares at ₹957.50.

CNBC-TV18 · Companies · 5/27/2026, 5:50:03 PM

With Delhi petrol at ₹102.12/litre and Mumbai at ₹111 after an ₹8 cumulative hike, dealers report buyers pivoting to EVs and fuel-efficient models. April e-scooter registrations hit 1.48 lakh units (+61% YoY), with FADA and CRISIL flagging accelerated adoption toward 2 million e-2W by FY27.

The Hindu BusinessLine · 5/25/2026, 3:11:24 PM

With Delhi petrol at ₹102.12 and Mumbai at ₹111 after an ₹8 cumulative hike, dealers across Toyota, Honda, Mahindra, Bajaj and Ather networks report rising EV and hybrid inquiries. Electric scooter registrations hit 1.48 lakh in April, up 61% YoY, with 2 million e-2W units expected this year.

BL · Consumer & Economy · 5/25/2026, 3:10:59 PM

Draft policy heading for Cabinet approval May 26 proposes five-year resale restrictions on subsidised EVs, structured subsidies up to ₹1 lakh for four-wheelers, 60-day DBT, road tax waivers and scrappage incentives. Impacts dealer churn and inventory turns for Mahindra, Ather, Euler and Mercedes-Benz across Delhi showrooms.

Business Today · Latest · 5/22/2026, 8:13:29 AM

Q4FY26 revenue collapsed 57% YoY to Rs 265 crore and volumes fell 61% even as net loss narrowed 42.5% to Rs 500 crore. Emkay flags weak Q1FY27 order run-rate of 40,000-45,000 units and prefers Ather and TVS Motor in the E-2W theme, keeping a Sell with Rs 25 target.

Financial Express · BrandWagon · 5/21/2026, 7:33:11 AM

FY26 letter concedes a brutal year: deliveries down 43.5% to 173,794 units, revenue halved to ₹2,253 cr. CEO pivots narrative to in-house cells, 2.5 GWh gigafactory ramping to 20 GWh, dry-electrode tech and Shakti storage. Gross margin jumped to 38.5%, warranty costs collapsed to ₹59 cr from ₹555 cr.

The Hindu BusinessLine · 5/21/2026, 4:47:04 AM

Ola's FY26 revenue halved to ₹2,253 crore, well short of ₹3,000-3,200 crore guidance, as scooter sales fell 44% to 173,794 units. Ather overtook with ₹3,671 crore (+63%) on 263,000 units. Losses narrowed to ₹1,833 crore; Ola plans capital raise to scale cell capacity from 6 GWh to 20 GWh.

Mint · 5/20/2026, 3:55:27 PM

Ola Electric's Q4 FY26 revenue fell to Rs 265 Cr from Rs 611 Cr as scooter sales weakened. FY26 net loss hit Rs 1,833 Cr with negative operating cash flow of Rs 775 Cr; auditors flagged going-concern risk. A QIP fundraise is planned. Rival Ather posted Rs 1,175 Cr in Q4, widening the gap.

Entrackr · Newsletter · 5/20/2026, 10:54:46 AM

Nine listed companies including Vishal Mega Mart (2.67M shares), Nykaa parent FSN E-Commerce (125,500), Ather Energy (309,372), Just Dial and Piccadily Agro get fresh ESOP-issued shares admitted to trading. Routine dilution event but signals active employee compensation programs across India's retail-adjacent listed universe.

BSE Corporate Announcements · 5/19/2026, 11:37:19 AM

Rising petrol costs and a Rs 3/litre hike are pushing urban Indian families to adopt an electric scooter for short trips. E2W registrations rose 13.5% YoY even as total 2W sales fell 5.5%. FY25 EV registrations hit 1.97M units, up 16.9%, with Ather Energy among brands benefiting from the shift.

ET Small Business · 5/18/2026, 11:42:21 PM

Pine Labs cratered 22% and Zaggle fell 18% this week as Q4 results and IPO lock-in expiries pressured listed new-age tech. Groww slid 8% while Nazara bucked the trend, surging 12% on block deals. Honasa won a Dubai arbitration, Ola Electric cleared a ₹2,000 Cr manufacturing investment, and EaseMyTrip approved a ₹500 Cr rights issue.

Inc42 · 5/16/2026, 1:57:36 PM

Board greenlights $208.5M infusion into EV and battery cell subsidiaries by May 2027, funding localisation, in-house cell production and a lower-priced scooter as Ola fights Bajaj, TVS and Ather. FY26 EV revenue stands at ₹4,717 cr, cell unit at ₹73 cr; management projects 50% opex cut.

The Hindu BusinessLine · 5/15/2026, 9:37:42 AM

Bengaluru-based E2W maker Simple Energy is closing a ₹126.7 Cr round led by Thyrocare's Velumani, taking total funding to $84 Mn. Capital fuels R&D and a 7x retail expansion from 70 to 500 offline stores. FY25 revenue grew 6x to ₹40.7 Cr, though net loss stood at ₹83 Cr. April dispatches hit 1,244 units.

Inc42 · Buzz · 5/15/2026, 5:49:41 AM

Bengaluru-based EV two-wheeler maker Simple Energy is closing a ₹126.7 Cr round led by Thyrocare's Velumani, taking total funding to $84 Mn. Capital fuels a jump from 70 to 500 retail outlets across nine states, even as FY25 losses widened to ₹83 Cr on ₹40.7 Cr revenue and the broader E2W market slows.

Inc42 · 5/15/2026, 5:49:10 AM

Post-September GST cut of 10 percentage points fueled record FY26 sales—two-wheelers up 11%, PVs up 8%—but West Asia conflict triggered 40-50% QoQ commodity inflation. Automakers pushing 1-3% price hikes, trimming discounts, and localizing suppliers; M&M reviewing ₹1.06 trillion supply chain across 100,000+ parts.

Mint · Industry · 5/14/2026, 1:18:04 AM