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• In July 2026, for the first time, more than 2 lakh electric bikes were sold, registering a year-on-year growth of 88.3%.
• TVS remained at the top spot with record sales of 55,499 units, while Bajaj Auto remained at the second position with 45,613 units.
• The share of electric vehicles in the total Indian two-wheeler market has crossed the historic mark of 11.2 percent and reached a new high.

The Indian electric two-wheeler industry has reached its biggest ever sales milestone in July 2026. According to data released by FADA – Federation of Automobile Dealers Association, the share of electric vehicles in total two-wheeler sales in the country has increased to over 11 percent.

Strong performance of industry sector

• Crossing the 2 lakh mark: A total of 2,04,362 electric bikes were retailed in July 2026 for the first time in history.
• Annual growth: Compared to 1,08,516 units in July 2025, this year there has been an increase of 88.3 percent.
• Growth during the month: Compared to 1,04,963 units in June 2026, a growth of 4.8 percent was recorded in July.
• Total Market Share: The share of electric vehicles in total two-wheeler sales has reached 11.2 percent.

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Sales and performance of major companies

1. TVS Motor Company: TVS has retained its number one position with models like iQube and Orbiter. The company recorded a year-on-year growth of 135.2 percent, selling 55,499 units in July 2026 (23,592 units in July 2025). With this, TVS has gained 27.2 percent share in the e-bike market.

2. Bajaj Auto: Bajaj took the second position with sales of 45,613 units. The company reported a year-on-year growth of 121.9 percent (20,557 units in July 2025). Bajaj's 'Chetak' electric scooter is gaining popularity with customers with various battery options.

3. Aether Energy: Aether retained the third position with sales of 30,357 units (17,834 units in July 2025, a growth of 70.2%). Aether currently sells the 450 and Rizta series. The company 'Konarc' is going to launch an affordable scooter for the common man on the Community Day on August 29.

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4. Hero Vida: Hero MotoCorp grabbed the fourth position by selling 22,900 Vida scooters. Hero reported a growth of 111.3 percent compared to 10,835 units in July 2025.

5. Ola Electric: Ola slipped to fifth place with sales of 14,106 units. Ola sales declined by 23.5 percent compared to 18,450 units in July 2025.

Statistics for other brands

• Greaves Electric: 10,125 units (137.3% growth, 4,266 units in July 2025).
• River Mobility: 5,954 units (254.4% growth, 1,680 units in July 2025).
• B-Gauss: 5,518 units (213% growth, 1,763 units in July 2025).
• All other brands: 14,290 units (49.8% growth, 9,539 units in July 2025).