Bajaj Auto overtakes TVS to lead India's electric two-wheeler market in June

Bajaj Auto sold 50,741 units (18% share) in June 2026, edging past TVS at 47,952 units (17%). The E2W segment crossed 10.5% penetration with total volumes of 2,85,385 units, up 52% YoY. Hero MotoCorp surged while Ola Electric slipped, reshuffling the leaderboard.

— Filed Tue, 30 Jun, 2026, 20:22 IST · Source BL · Consumer & Economy · Updated

Bajaj Auto overtook TVS as India's top electric two-wheeler seller in June 2026 with 50,741 units. The E2W segment crossed 10% penetration, growing 52% YoY, while Hero surged and Ola Electric declined.

Why this matters

Bajaj Auto's E2W leadership lands amid heavy corporate activity, including a contained ransomware disclosure and its ₹5,633 crore buyback opening July 1 at ₹12,000 per share, signaling operational momentum despite recent share pressure.

Retail-brand signals held steady with 2,154 signals logged over the past 90 days.

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