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India two-wheeler market shows growth in August 2026
The Indian two-wheeler market showed varied performance in August 2026. In the electric two-wheeler (E2W) segment, total sales reached 1.83 lakh units, representing a 67 percent year-on-year growth despite an 11 percent month-on-month decline from July. TVS Motor Company led the E2W market with 48,873 units sold, a 91 percent year-on-year increase, capturing a 27 percent market share. Bajaj Auto followed with 41,019 units, marking a 235 percent year-on-year surge. Other notable E2W performers included Ather Energy and Hero MotoCorp (Vida). Notably, Ola Electric was the only major brand to see a year-on-year decline in E2W retail volumes.
In the broader motorcycle and scooter segment, Honda Motorcycle & Scooter India (HMSI) reported total sales of 5.79 lakh units for August 2026, an 8 percent increase compared to August 2025. This total included 5.17 lakh domestic units and 61,833 export units. For the April-August FY27 period, HMSI recorded a 13 percent year-on-year increase in total sales, reaching 27.33 lakh units.
Entities
Ather Energy · Bajaj Auto · Honda Motorcycle & Scooter India · Ola Electric · TVS Motor Company