India’s electric two-wheeler market continued its moderate growth trend in March 2025. Sales slightly increased over February, showing steady demand despite various market pressures. The total number of electric two-wheelers sold during the month stood at 15,686 units. This performance reflects a small drop compared to earlier expectations, but it also shows the market’s stability amid changing conditions such as rising fuel prices and better availability of electric vehicle options.
Ather Energy led the market in March with a strong 29.81% market share. The company sold 4,676 units and maintained its leadership by focusing on quality, customer experience, and consistent performance. Ola Electric followed in second place, securing a 15.59% share with 2,445 units sold. Ola continues to push for mass adoption of electric mobility, even as the market moves cautiously. Pure Energy stood third with an 11.51% market share, selling 1,805 units. Together, the top three players sold 8,926 electric two-wheelers, contributing to more than half of the market’s total sales.
Other companies also made noticeable contributions. Greaves Electric Mobility sold 1,598 units, supporting the company’s mission of providing accessible and reliable electric vehicles. BGauss Auto, TVS Motor Company, Wardwizard Innovations & Mobility, and Lectrix EV also showed consistent, though smaller, performances in the market.
Smaller companies such as Simple Energy, KLB Komaki, Okinawa Autotech, REVOLT INTELLICORP, and OKAYA EV are working on expanding their footprint. These companies are introducing new features, competitive pricing, and customer-centric offerings to attract a wider consumer base. Their efforts reflect growing competition in the segment and more choices for consumers.
Meanwhile, recent developments in global trade, particularly the United States’ new tariff measures on certain goods imported from India, may indirectly affect the Indian EV ecosystem. These tariffs could impact the cost of components or raw materials that are part of the supply chain. Although the electric two-wheeler segment is largely localized, any disruption or price fluctuation in imported electronics or battery materials may influence pricing or production timelines. Indian manufacturers might face higher input costs, which could put pressure on maintaining affordable pricing for end consumers.
Despite these challenges, the market outlook remains positive. Improvements in battery technology, government incentives, and increasing awareness about sustainable transport are expected to support future growth. The current performance of the Indian electric two-wheeler market in March highlights both its resilience and the opportunities for further expansion as the country continues its transition towards clean mobility.
