Hero Vida sales jump 108% amid rising Indian EV demand

The Indian electric two-wheeler market experienced significant growth in August 2026, with total segment sales reaching 187,214 units, a 146% increase compared to 76,118 units in August 2025.

Hero Vida recorded a 108% year-on-year sales increase, moving 25,558 units in August compared to 12,273 units the previous year. The company's VX2 Go model, priced at 79,999 rupees ex-showroom in Delhi, offers a claimed range of 93 kilometers. Based on electricity costs of 8 rupees per unit, the estimated running cost is approximately 25 paise per kilometer.

In terms of market leadership for August, the Bajaj Chetak led sales with 52,248 units, followed by the TVS iQube with 42,882 units. Hero Vida ranked third, followed by the Ather Rizta with 22,586 units and the TVS Orbiter with 14,641 units.