Record 1.4 million electric 2Ws sold in FY2026, command 57% share of India EV market
Fuelled by 190,000 retail sales in March and the top four OEMs achieving their best-ever fiscal year deliveries, India...
Ajit Dalvi
03 Apr 2026
Demand for electric 3-wheelers rose 19% to a record 830,819 units in FY2026. While market leader Mahindra Last Mile Mobility sold 101,905 units, Bajaj Auto and TVS Motor also secured their highest sales as legacy OEMs stamped their authorit...
Read moreFuelled by 190,000 retail sales in March and the top four OEMs achieving their best-ever fiscal year deliveries, India...
In tandem with the overall electric passenger vehicle market’s strong growth, demand for luxury electric cars, sedans ...
Fiscal-year-ending month, which was to mark the closure of the PM E-Drive Scheme subsidy but is now extended to July 3...
The midsize motorcycle market leader sold 10,06,937 units in the first 11 months of FY2026, surpassing its previous be...
Maruti Suzuki’s first EV sold 870 units wholesale, ranking seventh in its UV lineup. With 222 retail sales, the e-Vita...
Strong demand for the affordable Vida VX2 Go and Plus, aided by the Battery-as-a-Service model lowering upfront costs,...
Ola Electric has sold 10,00,846 units since entering India’s EV two-wheeler market in 2021. After a peak in CY2024 (40...
The war in the Middle East is likely to hasten efforts towards securing alternate energy supplies, such as ethanol.
With 19.72 million units sold in the first 11 months of FY2026, Indian 2W OEMs are 1.45 million units away from FY2019...