Autocar India

TVS posts record monthly EV sales as electric 2W segment hits new peak

TVS posted its highest-ever monthly sales, while Ola Electric was the only top-10 OEM to register a year-on-year decline.
3 min read3 Aug '26
Ajit DalviAjit Dalvi
11 views
July 2026 electric two-wheeler sales

India's electric two-wheeler segment crossed the 2 lakh monthly sales mark for the first time, with retail figures of 2,04,266 units in July 2026 – beating the previous best of 1,99,411 units set in March this year. Cumulative sales for the first seven months of 2026 now stand at 11.7 lakh units, up 56 percent year-on-year, while the first four months of FY27 have delivered 7,29,573 units – a 73 percent jump over the same period last year.

  1. Electric two-wheeler sales cross 2 lakh units in a month for the first time
  2. TVS posts best-ever monthly sales of 55,477 units; market share rises to 27 percent
  3. Ola Electric is the only top-10 OEM to register a year-on-year decline

July 2026 electric two-wheeler sales: OEM breakdown

TVS Motor Co: 55,477 units

TVS Motor Company delivered a record 55,477 electric scooters in July – a 135 percent year-on-year increase and the brand's highest-ever monthly figure, surpassing the previous best of 51,632 units in March. The result gives TVS a 27 percent market share, up from 22 percent a year ago. Cumulative FY27 sales of 1,86,034 units are already 52 percent of its full-year FY26 tally, putting it on course to cross 5.5 lakh annual sales for the first time. The iQube remains TVS's highest-selling model, with the Orbiter seeing growing demand alongside it.

Bajaj Auto: 45,592 units

Bajaj Auto sold 45,592 Chetak scooters in July, marking a 122 percent year-on-year increase, and giving it a 22 percent market share, up from 19 percent a year ago. This was Bajaj's second-highest monthly figure after March's 47,751 units. Cumulative FY27 sales of 1,63,236 units are 54 percent of its full-year FY26 total. Bajaj Auto's Joint MD Rakesh Sharma noted that the newly launched Chetak 2501 now accounts for approximately 12 percent of the Chetak portfolio.

Ather Energy: 30,323 units

Ather Energy delivered 30,323 units in July, up 70 percent year-on-year, consolidating its position as the third-largest electric two-wheeler maker in India. Cumulative FY27 sales of 1,18,983 units are already 47 percent of its FY26 total. 

In July, Ather also updated the battery chemistry of the 450 and Rizta ranges, with the Rizta now available in both LFP and NMC configurations. The brand will launch its first EL platform-based scooter – expected to be priced between Rs 1 lakh and Rs 1.25 lakh – at Ather Community Day on August 29.

Vida: 22,887 units

Vida posted its best-ever monthly sales of 22,887 units in July – a 111 percent year-on-year increase – surpassing its previous highs of 22,201 units in March and 21,893 units in June. Cumulative FY27 sales of 79,940 units are already 53 percent of its full-year FY26 total. The brand expanded its lineup in July with the VX2 Plus 4.4kWh at Rs 1.43 lakh and the new VX2 Go FB – a fixed-battery variant with a 3.1kWh pack priced at Rs 1.13 lakh.

Ola Electric: 14,105 units

Ola Electric was the only top-10 OEM to register a year-on-year decline in July, selling 14,105 units – down 24 percent from 18,449 units in July 2025. After three months of sequential growth through April, May and June, July also saw a 13 percent month-on-month drop. Ola's market share has fallen sharply to 7 percent from 17 percent a year ago, when it ranked third overall.

Other notable performers

Greaves Electric Mobility delivered 10,125 units – up 137 percent year-on-year. River Mobility hit its highest-ever monthly sales with 5,951 units of the Indie, up 254 percent year-on-year, following the rollout of its 50,000th unit from its Hoskote plant. Bgauss Auto sold 5,518 units, up 213 percent year-on-year. Simple Energy sold 1,648 units, with the brand's upcoming Simple Arrive family scooter set to launch on September 2. Lectrix Vehicles rounded out the top 10 with 1,397 units.

The top 10 OEMs combined accounted for 94 percent of all electric two-wheeler sales in July, with the remaining 6 percent approximately 180 other manufacturers.

Bike and scooter sales see an uptick in July 2026

Hero, Honda and TVS sold over 4 lakh units each last month.
3 min read3 Aug '26
Dinshaw MagolDinshaw Magol
uly 2026 ICE two-wheeler sales graphic featuring the Hero Destini, Honda Hornet 2.0, and TVS Apache RTR 200 4V

July 2026 EV sales: Monthly volumes cross 30,000 units for the second time

EV sales first breached the 30,000-unit milestone last month.
5 min read2 Aug '26
Ajit DalviAjit Dalvi
July EV sales

July 2026 car sales: Tata holds slim lead over Mahindra

Tata recorded the highest year-on-year growth among the top carmakers in July, while Nissan's sales more than tripled following the launch of the Tekton.
4 min read1 Aug '26
Dipan SurDipan Sur
July 2026 car sales: Tata holds slim lead over Mahindra

Royal Enfield targets 2.45 million unit production capacity by 2030

The brand is also evaluating setting up a CKD plant in Indonesia.
2 min read30 Jul '26
Kiran MuraliKiran Murali
RE Factory

Haryana waives road tax on EVs priced up to Rs 30 lakh

Under the previous policy, battery electric vehicles were eligible for a 20 percent exemption on road tax.
1 min read29 Jul '26
Dhruv DhakaDhruv Dhaka
EV

Poll of the month

Which powertrain type makes the most sense for you right now?

Petrol
Diesel
Hybrid
EV
CNG
Flex-fuel
8252 votes7 days remaining

Upcoming Bikes

Honda Bikes ADV160
Honda Bikes ADV160

₹ 1.60 - 1.70 Lakhs

Hero MotoCorp Karizma XMR 250
Hero MotoCorp Karizma XMR 250

₹ 2.00 - 2.40 Lakhs

Brixton Motorcycles Storr 500
Brixton Motorcycles Storr 500

₹ 5.50 - 6.00 Lakhs

Royal Enfield Himalayan 750
Royal Enfield Himalayan 750

₹ 4.50 - 5.00 Lakhs

Ducati DesertX V2
Ducati DesertX V2

₹ 19.00 - 22.00 Lakhs

Trending Bikes

Royal Enfield Continental GT 650
Royal Enfield Continental GT 650

₹ 3.53 - 3.82 Lakhs

Royal Enfield Hunter 350
Royal Enfield Hunter 350

₹ 1.38 - 1.71 Lakhs

Bajaj Pulsar N160
Bajaj Pulsar N160

₹ 1.16 - 1.32 Lakhs

Honda Bikes Activa 110
Honda Bikes Activa 110

₹ 75.96 - 90.83 Thousand

Bajaj Pulsar NS200
Bajaj Pulsar NS200

₹ 1.38 - 1.49 Lakhs

Latest Bikes

Yamaha Aerox-E
Yamaha Aerox-E

₹ 2.82 Lakhs

Keeway Hypevolt-R
Keeway Hypevolt-R

₹ 1.99 Lakhs

Revolt RVX
Revolt RVX

₹ 1.30 Lakhs

Kawasaki KLX230 S
Kawasaki KLX230 S

₹ 2.19 Lakhs

Honda Bikes CBR1000RR-R SP
Honda Bikes CBR1000RR-R SP

₹ 33.50 Lakhs