TVS has crossed the 10 lakh (1 million) cumulative retail sales milestone for its electric scooters in India, becoming only the second EV manufacturer to achieve the feat after Ola Electric. As per Vahan data recorded on June 11, 2026, TVS has delivered a total of 10,04,148 units – comprising the iQube and the Orbiter – since entering the electric two-wheeler market in January 2020. The last 1 lakh of those were sold in just 75 days, averaging 1,333 units a day between March 28 and June 10.
- Cumulative sales of the iQube and Orbiter cross 10 lakh units
- TVS is the second Indian EV maker to reach this milestone
- 2026 could see TVS hit annual sales of 5 lakh units for the first time
TVS electric scooter sales over the years
First 5 lakh units took 5 years; next 5 lakh took just 16 months
The pace of TVS’s electric scooter sales tells a clear story of accelerating adoption. It took TVS over three years to retail the first 1 lakh units of the iQube but only 10 months to go from 1 lakh to 2 lakh units. The two-wheeler major crossed the 3 lakh-unit milestone in April 2024 – 52 months after the launch. From there, the growth shifted up a notch. The jump from 3 lakh to 7 lakh units took just 17 months, and the move from 7 lakh to 8 lakh units was completed in merely three months (October-December 2025).
TVS’s market share in the electric two-wheeler segment has also grown steadily – from 1 percent in 2020 to 8 percent in 2022, before crossing 20 percent for the first time in 2023 (1,77,024 units). 2025 was a breakout year, with TVS selling 3,15,083 units to become the segment’s number one player from April – a position it has maintained since.
Now, 2026 is shaping up to be the strongest year yet for TVS’s e-scooter business. Since the start of the year, the company has delivered 2,19,232 units – already 70 percent of its 2025 sales. Its best-ever single month came in May 2026 with 51,605 units – the second-highest monthly sales figure ever recorded by an Indian electric two-wheeler manufacturer, after Ola Electric’s 53,647 units in May 2024.
At its current daily run rate of approximately 1,361 units, TVS could be looking at crossing the 5 lakh annual sales milestone for the first time this year – a figure that would represent more than 57 percent growth over its previous best. The broader electric two-wheeler segment, averaging over 1,55,000 units a month in 2026, is also on course to approach the 2 million (20 lakh) annual sales mark for the first time, triggered by rising petrol prices amid geopolitical tensions in West Asia.