India’s electric two-wheeler segment crossed the 2 lakh monthly sales mark for the first time, with retail figures of 2,04,266 units in July 2026 – beating the previous best of 1,99,411 units set in March this year. Cumulative sales for the first seven months of 2026 now stand at 11.7 lakh units, up 56 percent year-on-year, while the first four months of FY27 have delivered 7,29,573 units – a 73 percent jump over the same period last year.
- Electric two-wheeler sales cross 2 lakh units in a month for the first time
- TVS posts best-ever monthly sales of 55,477 units; market share rises to 27 percent
- Ola Electric is the only top-10 OEM to register a year-on-year decline
July 2026 electric two-wheeler sales: OEM breakdown
TVS Motor Co: 55,477 units
TVS Motor Company delivered a record 55,477 electric scooters in July – a 135 percent year-on-year increase and the brand’s highest-ever monthly figure, surpassing the previous best of 51,632 units in March. The result gives TVS a 27 percent market share, up from 22 percent a year ago. Cumulative FY27 sales of 1,86,034 units are already 52 percent of its full-year FY26 tally, putting it on course to cross 5.5 lakh annual sales for the first time. The iQube remains TVS’s highest-selling model, with the Orbiter seeing growing demand alongside it.
Bajaj Auto: 45,592 units
Bajaj Auto sold 45,592 Chetak scooters in July, marking a 122 percent year-on-year increase, and giving it a 22 percent market share, up from 19 percent a year ago. This was Bajaj’s second-highest monthly figure after March’s 47,751 units. Cumulative FY27 sales of 1,63,236 units are 54 percent of its full-year FY26 total. Bajaj Auto’s Joint MD Rakesh Sharma noted that the newly launched Chetak 2501 now accounts for approximately 12 percent of the Chetak portfolio.
Ather Energy: 30,323 units
Ather Energy delivered 30,323 units in July, up 70 percent year-on-year, consolidating its position as the third-largest electric two-wheeler maker in India. Cumulative FY27 sales of 1,18,983 units are already 47 percent of its FY26 total.
In July, Ather also updated the battery chemistry of the 450 and Rizta ranges, with the Rizta now available in both LFP and NMC configurations. The brand will launch its first EL platform-based scooter – expected to be priced between Rs 1 lakh and Rs 1.25 lakh – at Ather Community Day on August 29.
Vida: 22,887 units
Vida posted its best-ever monthly sales of 22,887 units in July – a 111 percent year-on-year increase – surpassing its previous highs of 22,201 units in March and 21,893 units in June. Cumulative FY27 sales of 79,940 units are already 53 percent of its full-year FY26 total. The brand expanded its lineup in July with the VX2 Plus 4.4kWh at Rs 1.43 lakh and the new VX2 Go FB – a fixed-battery variant with a 3.1kWh pack priced at Rs 1.13 lakh.
Ola Electric: 14,105 units
Ola Electric was the only top-10 OEM to register a year-on-year decline in July, selling 14,105 units – down 24 percent from 18,449 units in July 2025. After three months of sequential growth through April, May and June, July also saw a 13 percent month-on-month drop. Ola’s market share has fallen sharply to 7 percent from 17 percent a year ago, when it ranked third overall.
Other notable performers
Greaves Electric Mobility delivered 10,125 units – up 137 percent year-on-year. River Mobility hit its highest-ever monthly sales with 5,951 units of the Indie, up 254 percent year-on-year, following the rollout of its 50,000th unit from its Hoskote plant. Bgauss Auto sold 5,518 units, up 213 percent year-on-year. Simple Energy sold 1,648 units, with the brand’s upcoming Simple Arrive family scooter set to launch on September 2. Lectrix Vehicles rounded out the top 10 with 1,397 units.
The top 10 OEMs combined accounted for 94 percent of all electric two-wheeler sales in July, with the remaining 6 percent approximately 180 other manufacturers.
