TVS extends India E2W lead as June registrations surge 74% to 1.91 lakh units

India's electric two-wheeler registrations jumped 74% YoY in June to 1.91 lakh units, pushing penetration past 10.5%. TVS led with 25% share (46,999 units), ahead of Bajaj (23%) and Ather (16%), while Ola Electric slipped to 8% as it ceded market share.

— Filed Wed, 1 Jul, 2026, 12:28 IST · Source The Hindu BusinessLine · Updated

India's electric two-wheeler registrations surged 74% YoY in June 2026 to 1.91 lakh units, crossing 10% penetration. TVS led with 25% share, followed by Bajaj, Ather and Hero, while Ola Electric ceded market share.

Why this matters

TVS's E2W leadership builds on its broader expansion, including rolling out the first Norton Atlas motorcycle from its Hosur plant and plans for a new TVS Paddock retail format ahead of an India launch.

retail-brand theme steady with 2,213 signals over the past 90 days.