E2W Registrations Rise 5% MoM To 1.81 Lakh In June; TVS Leads, Ola Slips
June electric two-wheeler registrations grew 5% MoM and 71% YoY to 1.81 lakh units. TVS retained the top spot at 44,467 units (24.5% share), with Bajaj close behind at 40,576 (22.4%). Ather gained to 29,422 (16.2%) while Ola fell to 15,096 (8.3%). Delhi's new EV policy backs the momentum.
June E2W registrations rose 5% MoM to 1.81 lakh units. TVS leads, Bajaj close behind; Ola declined while Ather, Hero, Greaves gained. Delhi's new EV policy with purchase incentives lifted Ola and Ather shares.
Why this matters
Ola's slide to 8.3% share comes as it overhauls its India distribution and dealership network in a push for profitability, underscoring competitive pressure from TVS, Bajaj and Ather.
Retail-brand theme steady with 2,148 signals over the past 90 days.
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