E2W Registrations Rebound 8.4% In May; Ola Electric Surges 22% As TVS Holds Lead

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.

Ola Electric registrations jumped 22% MoM to 15,139 units in May as India's E2W market rebounded 8.4% to 1.70 lakh units; TVS led.

Inc42 · Buzz · 6/1/2026, 11:06:08 AM · Ask about this →

Ola Electric + Ather Energy + Bajaj Auto + Hero MotoCorp + Revolt + TVS Motor + Ultraviolette +