Ola Electric registrations jump 23% in May as Bajaj closes gap on TVS in EV two-wheeler race
India's electric two-wheeler market grew 8% MoM to 1.70 lakh registrations in May 2026. Ola Electric led growth at +23% to 15,139 units (8.88% share), while Bajaj's 39,104 units (22.94%) narrowed the gap with leader TVS at 42,376 units (24.9%). Ather and Hero held third and fourth positions.
Ola Electric registrations rose 23% MoM to 15,139 units in May 2026 as India's EV two-wheeler market grew 8% to 1.70 lakh units.
Entrackr · Newsletter · 6/1/2026, 3:32:58 AM · Ask about this →
Ola Electric Ather Energy Bajaj Auto Greaves Electric Mobility Hero MotoCorp River Mobility TVS Motor