TVS and Bajaj lead India's electric two-wheeler market growth

India's electric two-wheeler market saw significant growth in late 2026. In September 2026, sales for the leading models reached 186,693 units, a 67.5% increase compared to September 2025.

TVS Motor maintained its leadership in the electric two-wheeler segment, with the TVS iQube ranking first with 45,320 units sold, representing 47% year-on-year growth. The TVS Orbiter also performed strongly, securing fifth place with 17,027 units. Bajaj Auto followed closely in second place with the Bajaj Chetak, recording 42,394 units.

Other notable performers included the Hero Vida, which saw 88.3% year-on-year growth, and the River Indie, which experienced a 209% increase to surpass 6,000 units. While the two-wheeler segment is a major driver, the broader Indian electric vehicle market also includes significant activity in passenger vehicles, led by Tata Motors, and three-wheelers.