EV two-wheeler sales jump 58% YoY to 1.64 lakh in May; TVS leads, Ola halves

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%.

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 co

BL · Consumer & Economy · 5/31/2026, 9:58:04 AM · Ask about this →

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