India’s electric two-wheeler market continued to show steady growth in September 2025, with total sales reaching 1,04,157 units. This was an increase compared to August, demonstrating that the sector remains stable despite external challenges. While the growth was moderate, factors such as rising fuel prices, wider availability of electric vehicles, and strong government support for a carbon-free future are helping maintain consistent demand.
TVS Motor led the market in August with 22,495 units sold, capturing a 21.60 percent share. The company’s focus on quality, reliable customer service, and timely deliveries has helped it remain at the top. Bajaj Auto followed closely, selling 19,560 units and holding an 18.78 percent market share. Ather Energy was in third place with 18,126 units and a 17.40 percent share. Ola Electric secured fourth place with 13,379 units, translating to a 12.85 percent share, while Hero Motocorp sold 12,747 units and held 12.24 percent of the market. Together, these five manufacturers accounted for 86,307 units, nearly 83 percent of total sales, showing strong leadership in the sector.
Other companies are also contributing to the growth. Greaves Electric Mobility sold 4,271 units, and BGauss Auto delivered 2,270 units, focusing on affordable electric vehicles. Companies like Pur Energy, River Mobility, and Kinetic Green Energy & Power Solutions continue to maintain steady volumes. Meanwhile, KINETIC Green Energy & Power Solutions, E-Sprinto Green Energy, and Bounce Electric are working on new models with better features and competitive pricing. Their efforts are helping them build trust with customers and gradually expand their market presence.
The domestic market is resilient, although international developments bring some challenges. Recent U.S. tariffs on Indian imports could increase the cost of EV parts, including electronic components and batteries. However, India has made progress in localizing EV manufacturing, which helps manage costs. The GST Council has kept a 5 percent tax on essential items like electric vehicles, compared to the standard 18 percent, making EVs more affordable for consumers.
The outlook for India’s electric two-wheeler industry remains very positive. Government initiatives such as the FAME scheme, state-level subsidies, reduced GST, and domestic battery production are strengthening the sector. These efforts are encouraging consumer interest and attracting new investments. Despite global uncertainties and rising input costs, the market shows strong long-term growth potential.
With manufacturers focusing on innovation and customers increasingly choosing cleaner transport options, India’s electric two-wheeler segment is well-positioned for the future. The sector is benefiting from solid policy support, better technology, and a clear shift toward sustainable mobility. The momentum seen in recent months highlights a market that is ready to play a key role in India’s journey toward greener transport and a more sustainable future.
