EV two-wheeler sales jump 58% YoY in May 2026; TVS leads, Ola halves

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%.

TVS led India's EV two-wheeler market in May 2026 with 25% share as sales rose 58% YoY to 1.64 lakh units; Ola's share halved to 9%.

The Hindu BusinessLine · 5/31/2026, 3:58:13 PM · Ask about this →

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