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Tata Sierra Remains Tata Motors’ Third Best-selling SUV in CY2026 Despite Production Hurdles

Ajit Dalvi — Mon, 10 Aug 2026 11:50:18

The Tata Sierra, launched in end-November 2025 and the newest of Tata Motors’ six-pack of SUVs which includes the Nexon, Punch, Curvv, Harrier and Safari, continues to be the company’s third highest-selling SUV. This is despite Sierra production being disrupted at the Sanand, Gujarat plant twice this year – in Q2 CY2026 (April-June 2026) by a component supplier-related issue and, more recently, in end-July by flooding caused by heavy rainfall in the region both at the plant, which manufactures the Tiago, Tigor, Nexon and Sierra, as well as at suppliers’ facilities in and around Gujarat.

Between December 2025 and July 2026, the Tata Sierra – the modern avatar of the iconic model sold between 1991 and 2003 – has sold 50,038 units, crossing the 50,000-units wholesales milestone in the domestic market in a span of eight months. In CY2026’s first seven months, the Sierra’s 49,747 units make it the third-best-selling SUV for Tata Motors after the Punch and Nexon compact SUVs, and ahead of the Harrier, Curvv and Safari midsize SUVs.

Tata Sierra Monthly Sales: March Peak to Production Slowdown

As the wholesales data table below depicts, the Tata Sierra’s best monthly sales were in March 2026 (9,003 units) when it accounted for a 16% share of Tata Motors’ 55,748 SUV sales. However, since then, there has been a month-on-month drop in dispatches due to the disrupted production at the Sanand plant: April (7,316 units, down 19% MoM), May (6,606 units, down 10% MoM), June (6,392 units, down 3% MoM) and July (6,327 units, down 1% MoM). As a result, the Sierra’s share of Tata UV sales has reduced from 16% in March to 12% in July.

If it were not for the slowed-down production in April-June and end-July, the Sierra’s cumulative seven-month sales would have likely been higher by an additional 10,000 units, given that there is a sizeable backlog of consumer bookings for this popular midsize SUV. With production back on track, expect dispatches from August to see a marked increase.

The Sierra’s highest sales were in March (9,003 units), when it accounted for 16% of Tata Motors’ dispatches. Factory dispatches in Q2 CY2026 were impacted by localised supply chain constraints.

Tata Sierra Rivals: SUVs It Competes Against

Within Tata Motors’ SUV portfolio, the Sierra is positioned between the Curvv and the Harrier, and goes head-to-head against the Hyundai Creta, Maruti Grand Vitara and Victoris, Renault Duster, Toyota Hyryder, Kia Seltos, Honda Elevate, Volkswagen Taigun, Skoda Kushaq, MG Astor and Citroen Aircross X.

Tata Motors SUV Sales January-July 2026: Model-wise Breakdown

The addition of the Sierra to Tata Motors’ SUV portfolio has given a boost to Tata Motors’ UV sales. The company’s cumulative January-July 2026 SUV sales at 369,615 units jumped 57% YoY (January-July 2025: 234,735 SUVs). This year’s sales comprise the Punch (140,616 units, up 47% YoY), Nexon (135,637 units, up 35% YoY), Sierra (49,747 units, New Model), Harrier (21,256 units, up 123% YoY), Curvv (11,556 units, down 44% YoY) and Safari (10,803 units, up 18% YoY).

Tata Sierra Price, Specifications and Awards

The Tata Sierra, which won Autocar India’s Car of the Year 2026 title as well the Best Design & Styling, Viewer’s Choice for Car of the Year and the Midsize SUV of the Year awards, had impressed the jury with its premium, well-appointed cabin, a wide spread of powertrain options and a design that turns heads. Pricing for the 24-variant Tata Sierra, which has a 5-star Bharat NCAP safety rating, starts from Rs 11.49 lakh through to Rs 21.29 lakh (ex-showroom). In terms of powertrain, the Sierra debuts Tata’s all-new 1.5-litre direct injection turbo-petrol engine and also has the naturally aspirated 1.5-litre petrol and diesel engine options on offer with manual and automatic transmissions. Fuel efficiency depends on the engine and transmission options. As per ARAI, the petrol variants deliver 16-18kpl, while the diesel variants deliver better fuel efficiency of 18-20kpl.

Tata Sierra EV Price, Range and Rivals

The Tata Sierra EV, launched on June 30, has a price sticker that starts at Rs 18.79 lakh and goes up to Rs 25.99 lakh (ex-showroom). Positioned above the Curvv EV in the brand's EV lineup, the Sierra EV competes with the Mahindra BE 6, Hyundai Creta Electric, Vinfast VF6, Maruti e-Vitara, MG ZS EV and Tata Curvv EV. Offered with 35kWh and 75kWh battery packs, Tata Motors claims a maximum driving range of 665km (MIDC) for the 75kWh version and 535km (MIDC) for the 63kWh version, while DC fast charging can add 263km of range in 15 minutes. In its first verdict on the newest Tata EV, Autocar India calls the Sierra EV a “superb family car that just happens to be an EV” and that it is the best new Tata in years, which gets the smoothest powertrain the brand has to offer.

Tata Motors has sold 369,615 SUVs between January-July 2026, which gives the category an 83% share of the 442,669 PV sales, considerably higher than the 76% share they had a year ago.

SUV Share of Tata PV Sales Jumps to 83% in January-July 2026

As a result of the strong demand for its six-pack of SUVs, the SUV share in Tata Motors’ PV sales continues to rise. In the current calendar year’s first 7 months, the 369,615 SUVs sold account for 83% of total PV wholesales (442,669 units). This is a sizeable jump over the 76% SUV share in Tata Motors’ record passenger vehicle sales of 578,771 units in CY2025.

The growing SUV share in PV wholesales is also helped by the accelerated customer demand for EVs, a segment where Tata is the market leader and has the largest portfolio of seven models including four e-SUVs – Nexon EV, Punch EV, Curvv EV, Harrier EV and the recently launched Sierra EV. In the January-July 2026 period, Tata Motors EVs have clocked e-PV wholesales of 76,615 units, including a monthly best of 15,217 electric cars and SUVs this July. Now with Sierra ICE and Sierra EV production back on track, and the festive season coming along soon, it’s likely the Tata Sierra (ICE and EV) could close in on the 100,000 annual wholesales milestone in CY2026.

ALSO READ: Tata Motors dispatches 76,615 EVs in January-July, charges towards 150,000 milestone in CY2026

Compact SUVs Hit New High of 397,609 Units in Q1 FY2027, Tata Motors Commands 29% Share

EVs Smash Records in July With 330,000 Units Sold

Ajit Dalvi — Fri, 07 Aug 2026 11:47:19

July 2026 was a record-breaking month for India Auto Inc, which saw retail sales of 2.59 million vehicles (up 26% YoY), with the 2- and 3-wheeler, passenger and commercial vehicles, as well as tractors and wheeled construction equipment hitting all-time highs. The electric vehicle (EV) industry was a key contributor to this growth with a record 329,848 EVs across four segments delivered to buyers.

This translates into handsome 67% YoY growth (July 2025: 197,340 units) and 10,640 EVs sold on each of the 31 days of July! Last month was the second month in a row that EV sales crossed the 300,000 milestone after June 2026 (310,340 units) and registered a 6% month-on-month increase.

This record-breaking performance comes on the back of two of the four sub-segments – electric 2Ws and commercial vehicles – registering their highest monthly sales, while the passenger vehicle and e-wheeler segments achieved their second highest monthly retail sales.

Electric Two-Wheelers Lead With Record 2 Lakh+ Monthly Sales

As a result of the record retails in July 2026, the EV penetration level rose to around 12.7% versus 9.6% in July 2025. One of the catalysts for accelerated EV buying is costlier petrol, diesel and CNG after the multiple fuel price hikes in May this year, as well as consumer hesitation around the E20 transition, which is nudging buyers towards EVs and CNG. While the share of e-2Ws jumped to 62% from 55% a year ago last month, e-PV share rose to 10% from 9% in July 2025, and e-CV share grew to 1% for the first time. The share of e-3Ws, though, fell to 27% from 35% a year ago.

Powered by record e-2W sales of 204,833 units, July 2026’s record EV retail sales of 329,848 units translate into 67% YoY growth and 10,640 EVs sold on each of the 31 days.

With market leader TVS Motor Co selling record 55,000-plus e-scooters and Bajaj Auto over 45,000 Chetaks, the electric 2W segment – the largest volume provider to India EV Inc – raced past the 200,000 sales milestone for the first time in a single month. Deliveries of 204,833 e-scooters, e-motorcycles and e-mopeds marked stellar 89% YoY growth (July 2025: 108,515 units) and accounted for 62% of the 329,848 EVs sold in India last month.

Electric Three-Wheeler Sales Hit Second-Highest Ever at 87,753 Units

The electric 3W segment, where the transition to e-mobility continues to be the highest, saw retail sales of 87,753 units, up 26% YoY (July 2025: 69,477 units). This is the second highest monthly score for e-3Ws after December 2025 (88,699 units) and ahead of November 2025 (84,168 units). These are the three months when the segment has crossed 80,000 units. Mahindra Last Mile Mobility topped the OEM sales chart with 14,372 units – its highest monthly sales – and a 16% e-3W market share. Bajaj Auto also notched its highest monthly sales – 13,787 units and 15.71% – which beat its previous best of 12,420 units in May 2026. Expect the battle between these two e-3W market leaders to intensify in the coming months. Third-ranked TVS Motor Co also registered its highest monthly sales – 4,671 units – in July to mark two consecutive months of 4,000-plus sales after May (4,061 units).

Electric Passenger Vehicle Sales Cross 30,000 Units for Second Straight Month

The electric passenger vehicle segment too was on a roll in July, surpassing retail sales of 30,000 EVs for the second month running. As per the latest Vahan data (August 7), a total of 33,374 units were sold last month, up 87% YoY (July 2025: 17,823 units). This sees the e-PV share of total India EV sales rise to 10% from 9% in July 2025. While Tata Motors delivered a record 13,851 units, Mahindra & Mahindra (7,849 units) posted its second-highest monthly sales after June (8,186 e-SUVs). Maruti Suzuki crossed 2,000 EV sales for the first time with deliveries of 2,001 e-Vitaras, and Vinfast India also hit a new high with 1,495 units comprising the Green Limo, VF7, VF6 and MPV 7.

Electric Commercial Vehicle Sales Scale New High of 3,479 Units

The electric commercial vehicle segment, which comprises passenger-transporting buses, cargo-carrying LCVs and SCVs, also scaled a new high in July: 3,479 units. This is a 207% YoY increase (July 2025: 1,222 units) and marks the second month (after June 2026’s 3,367 units) that e-CVs have surpassed 3,000 sales in a single month. Tata Motors led the charge with retails of 1,312 units and a 38% e-CV market share, followed by Euler Motors (782 units / 22% share), Mahindra Last Mile Mobility (363 units / 10% share), Switch Mobility (192 units), Switch Mobility (192 units) and Olectra Greentech (133 units).

With 1.89 million EVs sold in January-July and already 80% of CY2025 sales, CY2026 will see record retail sales of over 3.25 million units.

India EV INC Charges Towards Record 3.4 Million Sales in CY2026

The EV industry’s record retail sales in July have taken the cumulative first seven-months’ total to 1.83 million (18,93,241 units). This is a remarkable 48% YoY jump (January-July 2025: 12,83,426 units) and is already 80% of CY2025’s 2.3 million units.

With five months still to be counted this year, including the upcoming festive season, and having averaged 305,000 units a month since May 2026, expect India EV Inc to add another 1.5 million EVs to its current 7-month sales. If the same high growth momentum continues in the remaining part of this year, it can be surmised that not only will EV sales surpass the 3 million milestone for the first time in a calendar year, but they could even charge past 3.25 million units in CY2026.

EVs Smash Records in July With 330,000 Units Sold

Ajit Dalvi — Fri, 07 Aug 2026 11:47:19

Electric Two-Wheelers Lead With Record 2 Lakh+ Monthly Sales

Powered by record e-2W sales of 204,833 units, July 2026’s record EV retail sales of 329,848 units translate into 67% YoY growth and 10,640 EVs sold on each of the 31 days.

Electric Three-Wheeler Sales Hit Second-Highest Ever at 87,753 Units

Electric Passenger Vehicle Sales Cross 30,000 Units for Second Straight Month

Electric Commercial Vehicle Sales Scale New High of 3,479 Units

With 1.89 million EVs sold in January-July and already 80% of CY2025 sales, CY2026 will see record retail sales of over 3.25 million units.

India EV INC Charges Towards Record 3.4 Million Sales in CY2026

EVs Smash Records in July With 330,000 Units Sold

Ajit Dalvi — Fri, 07 Aug 2026 11:47:19

Electric Two-Wheelers Lead With Record 2 Lakh+ Monthly Sales

Powered by record e-2W sales of 204,833 units, July 2026’s record EV retail sales of 329,848 units translate into 67% YoY growth and 10,640 EVs sold on each of the 31 days.

Electric Three-Wheeler Sales Hit Second-Highest Ever at 87,753 Units

Electric Passenger Vehicle Sales Cross 30,000 Units for Second Straight Month

Electric Commercial Vehicle Sales Scale New High of 3,479 Units

With 1.89 million EVs sold in January-July and already 80% of CY2025 sales, CY2026 will see record retail sales of over 3.25 million units.

India EV INC Charges Towards Record 3.4 Million Sales in CY2026

Maruti Grand Vitara crosses 400,000 sales, second Nexa SUV after Fronx to hit milestone

Ajit Dalvi — Fri, 07 Aug 2026 09:14:27

The Grand Vitara has become the latest SUV from the Maruti Suzuki stable to surpass the 400,000 wholesales milestone in the domestic market at the end of June 2026. The premium midsize SUV, retailed from the Maruti Nexa channel has, from launch in September 2022 till end-June 2026, clocked total sales of 401,007 units. Around 62,500 units have also been exported.

The Maruti Grand Vitara’s 400,000 milestone has taken 46 months from launch. This is 21 months more than what the new second-generation Hyundai Creta, which took just 25 months after launch in January 2024 to achieve the same milestone.

As SIAM wholesales data reveals (see data table below), the Grand Vitara sold 51,315 units in the last seven months of FY2023, followed by 121,169 units in FY2024 (up 136% YoY) and 123,946 units (up 2% YoY), in FY2025. FY2026, though, saw a sharp fall of 32% YoY to 83,849 units. FY2027 is witnessing a revival of demand, and sales in the first quarter (April-June 2026: 20,728 units) are up 8% YoY.

Grand Vitara's Fastest-to-Milestone Track Record

FY2025 with 123,946 units was the best fiscal for the Maruti Grand Vitara which, with total sales of 401,007 units, is the second best-selling Nexa SUV after the Maruti Fronx (525,964 units).

The Maruti Grand Vitara had a chequered run till the 300,000 milestone. It was the fastest in the midsize SUV segment to the 100,000-units mark, taking just 12 months from market entry. It was also the fastest midsize SUV to achieve the 250,000 milestone, in line with its 200,000 sales which it achieved in 22 months, bettering the first-generation Hyundai Creta which took 25 months to achieve the same milestone. The run from 200,001 to 300,000 in early April 2025 took a similar 10-month timeframe and the Grand Vitara won the title of the being the fastest midsize SUV to the 300,000 milestone, news which Autocar Professional broke.

Grand Vitara vs Maruti Victoris: Why Growth Slowed

However, the fourth round of 100,000 sales to reach the 400,000 milestone has taken a little over 14 months. This slower run could be attributed to the new Maruti Victoris midsize SUV selling 100,165 units in just 10 months, having debuted from the mass-market Arena sales channel in August 2025 and shares its platform and powertrains with the Grand Vitara. The Victoris (priced from Rs 10.50 lakh to Rs 19.99 lakh, ex-showroom) is marginally cheaper than the Grand Vitara (Rs 10.77 lakh to Rs 19.57 lakh, ex-showroom).

Grand Vitara Rivals: How It Stacks Up in Q1 FY2027

The Grand Vitara, which has sold 20,728 units in Q1 FY2027, is part of the hotly contested midsize SUV segment dominated by the segment leader Hyundai Creta (37,694 units), Kia Seltos (30,817 units), Toyota Hyryder (26,883 units), Thar Roxx and the Mahindra 7XO (27,210 units).

Grand Vitara Engine and Powertrain Options

The Maruti Suzuki Grand Vitara engine options include a 103hp petrol and a 116hp strong-hybrid. The petrol gets a manual and automatic transmission choices, while the strong hybrid petrol gets an automatic gearbox only. The Grand Vitara AWD is available with the petrol-automatic combination. A CNG option, which produces 89hp and 121.5 Nm, is only offered with a manual gearbox.

From launch in FY2023 till June 2026, the Maruti Grand Vitara (401,007 units) has contributed 35% to total Nexa SUV sales of 1.15 million units over four fiscals and one quarter.

GRAND VITARA: KEY CONTRIBUTOR TO NEXA SUV SALES

The Maruti Grand Vitara continues to be a key contributor to the carmaker’s Nexa brand sales. If one compares its contribution to all Nexa models since its market entry in FY2023, then only the Baleno hatchback (787,419 units from FY2023 to end-June 2026) and the Fronx compact SUV (525,964 units) are ahead of the Grand Vitara (401,077 units).

From launch in FY2023 till June 2026, the Grand Vitara (401,007 units) has contributed 35% to total Maruti Nexa SUV sales of 1.15 million units (11,53,756 SUVs) sold in the past four fiscals and one quarter of FY2027.

In FY2026, the Grand Vitara (83,849 units) was the second best-selling Nexa SUV after the Fronx (172,363 units) and accounted for 27% of total Nexa SUV sales of 306,945 units and 11% of Maruti Suzuki's record UV dispatches of 7,60,987 units.

In the current fiscal’s Q1 (April-June 2026), Maruti Suzuki India has dispatched 20,728 Grand Vitaras to dealers across India, which makes for a 21% share of the 91,284 Nexa SUVs (Fronx, Grand Vitara, XL6, Jimny, e-Vitara and Invicto). Q2 FY2027 has begun on a good note for the Grand Vitara with Maruti Suzuki dispatching 8,127 units to its dealers in July, the highest monthly sales in the first four months of the current fiscal.

Tata Motors dispatches 76,615 EVs in January-July, charges towards 150,000 milestone in CY2026

Ajit Dalvi — Wed, 05 Aug 2026 10:20:14

Electric passenger vehicle (e-PV) market leader Tata Motors is pushing the envelope on the wholesales (factory dispatches) front, thereby ensuring that its showrooms are well stocked to cater to EV buyer demand. As per data released by the company, its total e-PV wholesales in the first 7 months of CY2026 are 76,715 units, up 95% YoY (January-July 2025: 32,291 units). This includes a monthly wholesale high of 15,217 electric cars and SUVs last month.

This wholesales performance is in tandem with its retail sales (deliveries to customers) of 71,589 zero-emission cars and SUVs in January-July 2026 including a monthly high of 13,728 units in July.

As the seven-month e-PV wholesales data table (shown below) depicts, the company has accelerated its EV dispatches since May 2026 to meet the surge in demand, following the hikes in petrol and diesel as well as CNG prices in mid-May. In fact, May (10,517 units) was the first month when Tata EV wholesales crossed the 10,000-unit mark. Sales have risen month on month (MoM) since then: June (14,800 units, up 41% MoM) and July (15,217 units, up 3% MoM).

Tata Motors’ e-PV dispatches crossed the 10,000-units mark for the first time in May 2026 and have risen month on month since then, hitting a new high of 15,217 units in July.

Amongst the mainstream PV manufacturers in India, Tata Motors continues to have the largest EV portfolio. It has seven models comprising the Tiago EV, Nexon EV, Punch EV, Harrier EV, Curvv EV, Tigor EV/Xpres-T (for fleet buyers), and the just-launched Sierra EV. Second-ranked e-PV OEM Mahindra & Mahindra currently has four models: BE 6, XEV 9e, XEV 9S and the XUV400.

A flurry of new model launches has energised sales for Tata Motors this year. While the Nexon EV continues to be its volume driver, the updated MY2026 Tiago EV (launched in end-May at Rs 699,000) and the new Punch EV (launched in February 2026) have drawn a large percentage of first-time EV buyers. The new Tiago EV – India’s most affordable e-PV – is understood to be drawing new buyers transiting from ICE hatchbacks, particularly in the wake of the petrol-diesel price hikes in May this year. And the Sierra EV, launched on June 30, has given even more ammo to Tata’s e-SUV portfolio.

From January, when 9,052 EVs accounted for 13% of Tata Motors’ record PV sales of 70,222 units, both June (14,800 EVs) and July (15,217 EVs) have registered an EV penetration level of 24 percent.

Every fourth Tata PV sold in June-July was an EV

As a result of the surging demand for its e-PVs, Tata Motors is registering higher levels of EV penetration month on month. As the CY2026 YTD wholesales data table above indicates, from January, when 9,052 EVs accounted for 13% of Tata Motors’ record monthly PV sales of 70,222 units, both June (14,800 EVs / 62,076 PVs) and July (15,217 EVs / 63,760 PVs) have registered an EV penetration level of 24 percent. This essentially means every fourth Tata passenger vehicle sold in June-July was an electric model.

The strong growth in its EV sales is also helping Tata Motors stay ahead of an aggressive Mahindra & Mahindra. While Tata Motors has clocked 7-month wholesales of 442,669 units (up 43% YoY), M&M’s factory dispatches in the January-July period are 418,593 units (up 19% YoY). Expect the ongoing battle between the No. 2 and No. 3 players in India’s passenger vehicle market to turn more intense in the coming months. What’s clear for Tata Motors and M&M is that both are headed for record sales of over 600,000 units in CY2026 . . . Tata Motors, which posted record PV wholesales of 578,771 units in CY2025, for the first time and M&M, which sold 625,603 SUVs in CY2025, for the second time

ALSO READ: Electric car and SUV sales race past 30,000 units two months in a row in July 2026

Tata Motors dispatches 76,615 EVs in January-July, charges towards 150,000 milestone in CY2026

Ajit Dalvi — Wed, 05 Aug 2026 10:20:14

This wholesales performance is in tandem with its retail sales (deliveries to customers) of 71,589 zero-emission cars and SUVs in January-July 2026 including a monthly high of 13,728 units in July.

Tata Motors’ e-PV dispatches crossed the 10,000-units mark for the first time in May 2026 and have risen month on month since then, hitting a new high of 15,217 units in July.

From January, when 9,052 EVs accounted for 13% of Tata Motors’ record PV sales of 70,222 units, both June (14,800 EVs) and July (15,217 EVs) have registered an EV penetration level of 24 percent.

Every fourth Tata PV sold in June-July was an EV

ALSO READ: Electric car and SUV sales race past 30,000 units two months in a row in July 2026

TVS Sells 300,000 E-Scooters in Just 7 Months, Races Towards 550,000 in CY2026

Ajit Dalvi — Mon, 03 Aug 2026 12:07:45

TVS Crosses 300,000 E-Scooter Sales in Record Time

It looks like there’s no stopping the advance of TVS Motor Co in the Indian electric two-wheeler market. The company, which became India’s No. 1 e-2W OEM in April 2025 and sold 315,082 units in CY2025, has already achieved 97% of that record total in just the first seven months of CY2026. As per the latest retail sales numbers, TVS Motor Co has delivered 307,288 e-scooters between January 1 and July 31 this year.

With this stellar show, TVS has become the fastest to reach the 300,000 sales milestone in a single year. In CY2024, the then market leader Ola Electric had taken a little over 8 months to achieve 300,000 sales and ended that year with a record 429,188 units, which remains the highest annual sales for an Indian EV maker. However, that two-year-old record is set to be broken in the next three months as TVS maintains its rapid pace of growth.

TVS clocked its highest monthly sales in July (55,465 units). With 307,288 units sold in the first seven months of this year, the iQube and Orbiter maker is well set to surpass 500,000 sales in CY2026.

TVS on Track to Cross 500,000 Units in CY2026

As the seven-month retail sales data table (shown above) depicts, TVS has averaged monthly sales of 43,898 units. Two of these months have seen 50,000-plus sales – March (51,632 units) and July (55,465 units) – with July witnessing a new high in monthly sales. Given that TVS maintains the same rapid pace of sales in the remaining five months of this year, which includes the upcoming festive season from mid-September, it can be surmised that the company is well set to add another 220,000-240,000 sales between August and December 31. This will mean that TVS will become the first Indian e-2W manufacturer to surpass the half-a-million retail sales milestone in a calendar year. Ola Electric still holds the record for the highest annual sales: 429,188 units in CY2024.

TVS Well Ahead of Bajaj Auto and Ather Energy

Seven months into CY2026, TVS Motor Co maintains a solid lead over its rivals, particularly Bajaj Auto and Ather Energy. Interestingly, each of these top three OEMs is close to surpassing their highest annual sales achieved in CY2025.

At 307,288 iQubes and Orbiters sold in January-July 2026, TVS has achieved 97% of its CY2025 sales (315,082 units) and is 43,814 units ahead of No. 2 OEM Bajaj Auto, which, with 263,874 units, has achieved 94% of its CY2025 sales (279,687 units). TVS, at present, has a 107,239-unit lead over Ather Energy (200,049 units), which has achieved 93% of its CY2025 sales (215,033 units).

Hero MotoCorp, Ola Electric and Greaves Round Out the Field

Hero MotoCorp with its Vida scooters is ranked fourth with 128,978 units, which is already a 14% increase over its CY2025 (113,023 units) sales. Hero MotoCorp is the latest Indian e-2W to clock cumulative sales of 300,000 units, having sold the last 100,000 units in five months.

Fifth-ranked Ola Electric has, in the past seven months, sold 80,282 EVs, which makes for 39% of its CY2025 sales (204,534 units). And sixth-ranked Greaves Electric Mobility, with 53,938 units in January-July 2026, has achieved 93% of its CY2025 sales (57,699 units).

Hero Vida Sells 100,000 E-scooters in 5 Months, Crosses 300,000 Milestone

Ajit Dalvi — Mon, 03 Aug 2026 10:10:45

Hero Vida, Hero MotoCorp’s electric two-wheeler brand, has surpassed the 300,000 retail sales (customer deliveries) milestone in the Indian market. As per the latest Vahan numbers, cumulative retail sales from November 2022 till August 1, 2026 are 300,458 units.

Hero Vida's 100,000-Unit Sprint: Monthly Sales Breakdown

The surge in demand for the Hero Vida e-scooters is seen in the strong growth, particularly over the past year. While the first 100,000 units were sold in around 33 months, the run from 100,001 to 200,000 units took a little over seven months. Now the last 100,000 units – from 200,001 to 300,000 – have taken just five months, reflecting the surging demand for Vida e-scooters this year. Here’s how the CY2026 YTD numbers look: January (13,866 units), February (12,975 units), March (22,201 units), April (15,942 units), May (19,218 units), June (21,893 units) and July (22,883 units). July is now the new monthly high, beating the previous best of June this year.

Hero Vida Market Share Jumps to 11% in India's E-2W Race

From 4% in CY2024 to 11% in CY2026 YTD, Hero Vida has reaped strong gains in India’s booming e-2W market. Expect it to achieve total retail sales of around 225,000 units this calendar year.

As the retail sales data table (above) depicts, 182 Vida e-scooters were sold between November-December 2022, followed by 11,842 units in CY2023 and 45,764 units in CY2024. Demand for the zero-emission Hero Vida brand rose 147% YoY in CY2025 to 113,023 units, giving Hero MotoCorp a 4% share of the 1.34 million e-2Ws sold in India last year. In CY2026’s first seven months and one day of August, cumulative sales are 129,647 units.

Hero Vida’s market share has risen in tandem with the smart increase in sales numbers. From a minuscule 1% share of the 901,796 e-2Ws sold in India in CY2023 to the 11% share in CY2026 YTD, it’s been a noteworthy run for the world’s largest two-wheeler company in the EV space. Hero Vida is now the firm No. 4 e-2W brand after TVS Motor Co, Bajaj Auto and Ather Energy and is ahead of Ola Electric and Greaves Electric Mobility.

Petrol Price Hikes, Festive Season to Fuel Further Growth

With strong sales tailwinds emanating from a growing number of ICE buyers transitioning to e-mobility due to the multiple price hikes in petrol in May 2026 as well as the upcoming festive season, it can be expected that Hero Vida will maintain the same strong growth trajectory. This would mean Hero MotoCorp’s annual e-2W sales will cross the 200,000-units milestone in a single calendar year for the first time in CY2026. Estimate them to be in the region of 225,000 to 235,000 units.

BaaS Model and VX2 Range Powering Vida's Growth

Another strategic sales driver for Hero Vida has been the introduction of the Battery As a Service (BaaS) ‘pay-as-you-go’ ownership model which significantly reduces the upfront ownership cost, making electric mobility more affordable and accessible to a wider customer base, and has since been adopted by Ather Energy and TVS Motor among a host of other OEMs.

The VX2 Plus and Go with the BaaS option have powered demand for Hero MotoCorp’s Vida brand.

Focus on New Models, Network and Manufacturing Capacity Expansion

Given the growing demand for the Vida brand, Hero MotoCorp continues to up the ante on three fronts – products, network and capacity. On July 31, the company expanded its EV line-up to five models with the VX2 Go FB (3.1 kWh), priced at Rs 1,13,000 (ex-showroom New Delhi) and a 128km range on a single charge. The VX2 Go FB joins the VX2 Go (2.2 kWh), VX2 Go (3.4 kWh), VX2 Plus (3.4 kWh) and VX2 Plus (4.4 kWh).

The company, which opened its first Experience Centre in November 2022, currently has coverage across India with over 900 touchpoints spanning 415 cities and 700-plus dealers. Hero MotoCorp enables Vida users to access charging at over 5,900 locations including the Ather Grid network owned by Ather Energy in which Hero MotoCorp is an early investor (with a 29.48% stake at present) and has recently invested an additional Rs 1,000 crore.

Electric scooter manufacturing capacity expansion is also on the cards. In May this year, Hero MotoCorp revealed details of its planned capital expenditure of over Rs 1,500 crore in FY2027. Cognisant of the strong growth potential in its e-2W business, the company has outlined a strategic manufacturing expansion for its Vida brand. Having already ramped up capacity by 66% from 15,000 units per month to 25,000 units, the company has outlined plans for further expansion by doubling monthly capacity to 50,000 units at its plant in Chittoor in Andhra Pradesh to cater to growing demand.

ALSO READ: Every fifth scooter TVS sold in Q1 FY2027 was an EV

TVS Sells Record 52,000 E-Scooters in July, E-2W Demand Jumps 77% to 192,000 Units

Ajit Dalvi — Sat, 01 Aug 2026 13:42:01

TVS Motor Co is on a roll, and how. Not only is it reducing the scooter sales gap with market leader Honda but the Chennai-based company is also setting new highs in monthly retail sales for its electric scooters. As per the Vahan portal (August 1), TVS Motor delivered a record 52,108 units in July 2026, up 121% (July 2025: 23,592 units). This stellar performance beats the company’s previous best of 51,632 units in March 2026.

This record performance from the e-2W market leader and strong monthly numbers from the Top 10 OEMs barring one, mean that July 2026 retail sales of 191,949 units are the third highest monthly deliveries for the Indian e-2W industry after March 2026 (199,411 units) and June (194,938 units). Considering 88,911 units were sold between July 1-15 as per Vahan data, the second half of the month was better with an additional 103,038 units sold.

July’s 191,949 units are India e-2W Inc’s third-highest monthly sales after March (199,411 units) and June (194,938 units). The 717,230 units in April-July 2026 are a 71% YoY increase.

As the seven-month data table above shows, retail sales have jumped from May, a month which witnessed four petrol hikes and accelerated the ongoing transition of 2W buyers to EVs. July is the second consecutive month of 190,000-plus sales after June (194,938 units) and takes cumulative January-July 2026 sales to 1.16 million units, up 57% YoY (January-July 2025: 742,108 units). For the first four months of FY2027, the 717,230 units are a 71% jump (April-July 2025: 420,589 units), which reflect the surge of demand that took place in June and July following the sharp rise in the price of petrol. In a segment with nearly 190 players, let’s take a closer look at the Top 10 led by a belligerent TVS Motor Co and its closest rival Bajaj Auto.

TVS Motor Co: 52,108 units, up 121% YoY
Market share: 27%
The manufacturer of the iQube and Orbiter was in full charge in July, posting its highest monthly retail sales. At 52,108 units, the YoY increase is 121% (July 2025: 23,592 units). This score beats TVS’ previous best of 51,632 units in March 2026 and gives it a 27% market share, which is a 5 percentage basis point increase over the 22% it had in July 2025.

Deliveries of the iQube and Orbiter have risen month on month in the current fiscal: April (40,118 units), May (43,018 units), June (47,413 units) and now July 52,108 units). TVS’ cumulative four-month sales of 182,657 units are up 88% YoY (April-July 2025: 96,974 units) and already 51% of its FY2026 sales of 358,025 units. This means it is on track to achieve a record 550,000 units in FY2027, surpassing the half-a-million milestone for the first time.

While the flagship iQube remains the model with the highest share of sales, the Orbiter is witnessing growing demand. What has helped drive demand is TVS’ strategic move to offer the Battery-As-A-Service (BaaS) across its EV portfolio. The BaaS model lowers the upfront cost, while offering customers long-term battery assurance. EVs are now a key growth driver for TVS, considering every fifth scooter it sells is electric.

Bajaj Auto: 43,224 units, up 110% YoY
Market share: 23%
Like TVS, Bajaj Auto too is riding a wave of unabating demand for its Chetak. The Pune-based major sold 43,224 units last month, up 110% YoY (July 2025: 20,557 units), which gives it a 23% share and a marked improvement over the 19% share it had in July 2025.

July provided Bajaj Auto its second-highest monthly retail sales after March 2026 (47,751 units) and was the second straight month of 43,000-plus sales after June (43,504 units). Bajaj Auto’s cumulative April-July sales of 160,864 units are an 85% YoY increase (April-July 2025: 87,003 units) and 54% of its FY2026 sales (299,396 units).

Speaking at the company’s Q1 FY227 earnings call with industry analysts on July 23, Rakesh Sharma, Joint Managing Director, Bajaj Auto said: “The newly launched agile and light Chetak 2501, aimed at the younger buyer, continued to do well and now constitutes almost 12% of the five-model portfolio under the Chetak brand. Demand, however, continues to remain ahead of our ability to supply. Capacity expansion has been undertaken, with an immediate and medium-term focus to enable us better serve the growing market. The reach of Chetak stands at over 530 exclusive stores, supported by a wide network of 4,500 customer touchpoints across more than 850 cities. As capacity improves, we expect to support not only domestic growth, but also accelerate our international expansion.”

Ather Energy: 28,596 units, up 60% YoY
Market share: 15%
Ather Energy, now the firm No. 3 e-2W OEM, continues to reel in sales for its e-scooters led by the Rizta. In July, Ather delivered 28,596 units, up 60% YoY (July 2025: 17,834 units), translating into a market share of 15% versus 16% a year ago. Cumulative April-July 2026 sales at 117,251 units have jumped 88% YoY (April-July 2025: 62,295 units) and are 46% of its FY2026 sales of 252,110 units.

Last month saw Ather implement a small but crucial change to the battery capacity of both the 450 and Rizta. While the Rizta now comes with both LFP (Lithium Ferrous Phosphate) and NMC (Nickel Manganese Cobalt) chemistries; 450 only gets NMC battery packs.

On August 29, at its annual Community Day event, Ather Energy will take the covers off its first production electric scooter based on its all-new EL platform. The upcoming scooter is expected to be priced between Rs 100,000- 125,000, marking Ather’s entry into the mainstream e-scooter segment. It is also expected to undercut the brand’s existing line-up, including the Rizta, which starts at Rs 121,000, and the 450 range, prices for which begin at Rs 128,000. Furthermore, with its new plant in Maharashtra set to go on stream later this year, Ather’s manufacturing capacity will expand from 420,000 units at present to 900,000 units and then to 1.42 million units per annum.

Hero MotoCorp (Vida): 20,934 units, up 93% YoY
Market share: 11%
Hero MotoCorp, which expanded its Vida line-up in mid-July with the launch of the new VX2 Plus (4.4 kWh) variant priced at Rs 143,000 (ex-showroom Delhi), continues to register strong numbers. In July, Hero Vida retail sales were 20,934 units, up 93% YoY (July 2025: 10,835 units).

July sales are the company’s third highest monthly numbers after March 2026 (22,202 units) and June 2026 (21,892 units). Cumulative sales in the first four months of FY2027 are 77,986, up 140% (April-July 2025: 32,485 units) and 52% of its FY2026 retails of 149,337 units.

On July 31, Hero Vida expanded its VX2 range with the launch of the new VX2 Go FB. Priced at Rs 113,000 (ex-showroom, Delhi), the new variant sits alongside the existing removable-battery versions but instead uses a 3.1kWh fixed battery with direct-plug charging.

Ola Electric: 13,113 units, down 29% YoY
Market share: 7%
Ola Electric sold 13,313 electric scooters and motorcycles in July, down 29% YoY (July 2025: 18,449 units) and is the sole OEM amongst the Top 10 to register a decline. After three months of sustained growth – April (12,380 units), May (15,279 units) and June (16,249 units), the July numbers are down 19% month on month.

Ranked No. 5 on the OEM ladder, Ola’s current monthly market share is 0%, considerably down from the 17% it had in July 2025 when it was ranked No. 3 after TVS and Bajaj Auto. Its four-month sales of 57,021 units are down 27% YoY (April-July 2025: 78,322 units) and 34% of its FY2026 sales of 168,639 units.

Greaves Electric Mobility: 9,596 units, up 125% YoY
Market share: 5%
The IPO-bound Greaves Electric Mobility, which manufactures Ampere e-scooters, witnessed another month of strong sales. In July, the company delivered 9,596 units, marking robust 125% YoY growth (July 2025: 4,266 units). This, however, is 1,342 fewer units than it sold in June (10,938 units) and takes its cumulative April-July 2026 sales to 35,249 units – up 108% YoY (April-July 2025: 16,984 units) – and 56% of FY2026 sales of 62,548 e-scooters. GEM’s share of the e-2W market rose to 5% in July 2026, improving upon the 4% a year ago.

Demand has risen following the launch of the new Ampere Magnus Neo, a lighter and redesigned variant aimed at urban commuter buyers. GEM’s EV portfolio comprises the Nexus (EX and ST), Magnus (G Max, Grand, Neo) and Reo 80 brands. Last month saw Greaves Electric Mobility partner Muthoot Capital to enable its customers to access the latter’s retail financing network and accelerate EV adoption across India.

River Mobility: 5,525 units, up 229% YoY
Market share: 3%
The Bengaluru-based River Mobility, which continues to impress with each month, has hit its highest monthly sales in July with a single product – the Indie e-scooter. The 5,525 units, up 229% YoY (July 2025: 1,680 units) give this EV startup an e-2W market share of 3 percent for the month.

River Mobility, which recently rolled out the 50,000^th Indie e-scooter from its plant in Hoskote, Karnataka and has clocked cumulative sales of over 47,000 units since CY2023, has seen retail sales grow month on month in FY2027: April (3,729 units), May (3,800 units), June (4,449 units) and July (5,525 units). The cumulative four-month sales of 17,503 units are already 72% of its FY2026 sales of 24,412 units.

The last three OEMs in the Top 10 list comprise three startups. At No. 8 is Bgauss Auto, which began sales in August 2022 and is now a regular in the monthly Top 10 OEM list. Bgauss sold 5,310 units last month, up 201% YoY and 34% MoM (June 2026: 3,975 units).

At No. 9 position is Simple Energy which sold 1,506 e-scooters from its three-model portfolio – Simple One (4.5 kWh, 5 kWh), OneS and Ultra. The company has outlined an ambitious future sales target of 10,000 units a month by March 2027. It could be banking on its upcoming e-scooter, the Simple Arrive, which will mark its entry into the family scooter segment, taking on the Ather Rizta, TVS iQube and Bajaj Chetak. The Arrive is to be launched on September 2.

Wrapping up the Top 10 OEM listing is Lectrix Vehicles with 1,311 e-scooters, up 147% YoY. Lectrix pushed out electric motorcycle manufacturer Revolt Motors (1,132 units, up 35%), which saw its best sales in the past four months.

The Top 10 e-2W OEM sales of 181,223 units gave them a 94% share of July sales, leaving just 6% to the 180 other players. TVS, Bajaj and Ather (123,938 units) together had a 64% market share.

Growth Set to Accelerate in the Coming Months
Seven months into the calendar year, total retail sales of 1.16 million units are up 57% YoY (January-July 2025: 742,108 units). Four months into the current fiscal year (FY2027), India e-2W Inc has clocked retail sales of 717,230 units, marking handsome 71% YoY growth (April-July 2025: 420,589 units). This is 59% of the e-2W segment’s record FY2026 sales of 1.21 million units.

All these numbers are ample proof that the e-2W category – the largest volume provider to India EV Inc – is on a roll this year. With petrol prices surging in May as a result of the multiple hikes (Rs 111.21 a litre in Mumbai on August 1), a growing number of ICE scooter buyers are actively considering a shift to zero-emission models, which leading players like TVS, Bajaj Auto, Ather Energy, Hero Vida, Ola and Greaves Electric Mobility are capitalising on.

In July, these 6 OEMs with combined sales of 167,571 units had an 87% share of the total 191,949 e-2Ws sold. All Top 10 OEMs put together sold 181,233 units, giving them a vice-like grip of 94% share of July 2026 sales and leaving just a 6% share of the e-2W pie to be fought over by the 180 other players.

With the festive season coming up soon, it won’t be long before monthly retail sales zip past the 200,000 mark. Stay firmly plugged into Autocar Professional as we bring you the latest market updates and real-world retail sales statistics on EVs on two, four and more wheels.

ALSO READ: Every Fifth Scooter TVS Sold in Q1 FY2027 was Electric

225cc TVS Ronin rides growing demand for higher-powered bikes, sales jump 97% in Q1 FY2027

Ajit Dalvi — Fri, 31 Jul 2026 09:57:30

TVS Motor Co, which is riding a wave of demand for its two-wheelers across the scooter, motorcycle and moped segments, sold a record 1.14 million units in Q1 FY2027, up 25% YoY (Q1 FY2026: 913,946 units). While scooter sales (639,844 units, up 25%) including a record 126,716 EVs accounted for 56% of TVS 2W dispatches, motorcycle sales (363,310 units, up 11%) had a 32% share with mopeds delivering the balance (140,970 units, up 29%).

TVS Ronin Q1 FY2027 Sales: 28,619 Units, Up 97% YoY

A quick look at the model-wise sales splits of TVS’ motorcycle portfolio for Q1 FY2027 reveals that the 225cc-engined Ronin has been among the products which registered strong demand. At 28,619 units and 97% YoY growth (Q1 FY2026: 14,530 units), demand nearly doubled. Sales rose month on month from April (8,981 units), May (9,481 units) and June (10,157 units). This performance gave the Ronin an 8% share of TVS bike wholesales in the April-June 2026 quarter, doubling its year-ago share of 4 percent.

In the overall 200-250cc segment, which saw total sales of 78,880 units, up 107% YoY (Q1 FY2026: 38,157 units), the Ronin had a 36% share just below the Bajaj Pulsar, which is one of the four models Bajaj Auto has in this category.

At 28,619 units and 97% YoY growth, the Ronin had an 8% share of TVS’ motorcycles in the April-June 2026 quarter, doubling its year-ago share of 4 percent.

Shift Toward Higher-Powered Bikes Fuels 200-250cc Growth

This growing demand can be attributed to the consumer shift taking place in the motorcycle market towards higher-powered bikes. While the 75-110cc (1.41 million units, up 9%) and 110-125cc (898,430 units, up 4%) segments saw single-digit growth, there was double-digit growth in the 150-200cc (370,357 units, up 13%), 200-250cc (78,880 units, up 107%) and 250-350cc (327,697 units, up 49%) albeit the volumes are lower on these higher-priced machines compared to the frugal, petrol-sipping 100-110cc cousins. Demand in the 350-500cc segment fell 38% to 16,707 units and in the 500-800cc segment by 8% to 11,482 units.

TVS Ronin Design, Engine Specs and Price

As per Autocar India, the TVS Ronin is a relaxed, leisure-oriented modern-retro motorcycle that doesn’t fit into a single category. It draws inspiration from cruisers, scramblers, flat trackers, and cafe racers, but leans more towards a cruiser. What really makes the seven-variant TVS Ronin bike stand out is its ride experience. The upright riding posture, wide handlebars, and comfortable seat make it easy to ride for long durations. However, on the highway, performance feels slightly limited at higher speeds, which means the Ronin is more suited for urban and relaxed touring use, rather than aggressive riding.

The Ronin, which is powered by a 225.9cc, single-cylinder, oil-cooled engine, develops 20.4hp and 19.93 Nm of torque and has a top speed of around 120kph, although it cruises comfortably between 80kph and 100kph. Despite its engine and output, the bike offers decent mileage of an ARAI-certified 42kpl, while in real-world conditions, the fuel economy typically ranges between 35kpl and 43kpl, depending on riding habits and weather. The 14-litre fuel tank delivers a practical riding range of roughly 490km to 600km. Pricing starts at Rs 129,290 for the Base Lightning Black variant and goes up to Rs 160,000 for the Top Nimbus Grey variant (ex-showroom).

The 225cc TVS Ronin maintains its strong growth in the upcoming three quarters of FY2027, it will surpass the 100,000 milestone for the first time since its launch.

TVS Ronin Cumulative Sales Cross 1.75 Lakh Mark

Cumulative sales of the TVS Ronin in the domestic market have crossed the 150,000 mark. Between FY2024 and Q1 FY2027, total wholesales are 160,952 units. FY2026 with 80,518 units was the best fiscal but FY2027 with 28,619 units has already achieved 36% of that total, with nine months still to be factored in the current fiscal year. On the export front, as per SIAM data, 14,326 units have been exported between FY2024 and Q1 FY2027. The highest overseas shipments were in FY2025 (5,179 units).

Given the strong demand for this 225cc premium motorcycle, the TVS Ronin looks well set to achieve 100,000 sales for the first time in a fiscal in FY2027. The Ronin – the Japanese word for a samurai without a master – which is TVS Motor Co’s first attempt at a relaxed, leisure-riding, modern-retro sort of motorcycle seems to be finally finding its place in a motorcycle market which is upgrading to higher cubic capacity.

ALSO READ: Royal Enfield Sells Over 300,000 Bikes for the Second Time in a Quarter

Maruti Brezza Crosses 1.5 Million Sales Ahead of New Model Launch

Ajit Dalvi — Fri, 24 Jul 2026 09:51:59

Maruti Suzuki India is to launch the facelifted MY2026 Brezza later today. This marks the first major update for the second-generation model introduced in CY2022. Given the ongoing strong customer demand for compact SUVs – 397,609 units in Q1 FY2027 with 24% YoY growth – Maruti Suzuki will be looking to capitalise on this segment’s momentum with its new Brezza.

A Decade On — How the Brezza Built India's Compact SUV Segment

Maruti Suzuki’s first compact SUV, which rolls out of the Gujarat plant and is sold from the mass-market Maruti Arena sales channel, is a game-changer in more ways than one. Launched on March 8, 2016 as the Vitara Brezza, this is the model which really energised the compact SUV segment (less than 4000mm in length) in India. Over the past decade, the compact SUV category has progressively stamped its authority over the overall UV market with the Brezza being the growth catalyst.

1.5 Million Units and Still Counting

With domestic market sales of 1.46 million units (14,61,889 units) and exports of 52,828 units, the Maruti Brezza’s cumulative sales have surpassed the 1.5 million mark (15,14,717 units). The Brezza remains the best-selling compact SUV in India, with a yawning 422,478-unit lead over the Tata Nexon (10,92,239 units). The Tata Punch, which crossed the 800,000 milestone earlier this month, is the third highest-selling compact SUV.

With domestic market sales of 1.46 million units (14,61,889 units) and exports of 52,828 units, the Maruti Brezza’s cumulative sales have surpassed the 1.5 million mark (15,14,717 units).

From Diesel Roots to Multi-Powertrain Strategy

For the first four years of its existence, the Brezza had only a diesel engine on offer – the Fiat-sourced 1.3-litre DDiS turbocharged 88hp powerplant (discontinued in April 2020 when Maruti Suzuki exited diesel). In February 2020, to comply with BS VI emission norms, Maruti introduced the 1.5-litre K15B petrol engine in the new Brezza. The strategic move to have only diesel power in the initial years paid off and the Brezza was India’s best-selling UV for four straight years – FY2017 (108,640 units), FY2018 (148,462 units), FY2019 (157,880 units and FY2020 (110,641 units).

In FY2021, sales dropped 14% YoY to 94,635 units which also meant that the Brezza lost its No. 1 UV title to the Hyundai Creta (120,035 units) that year and has not regained it since then as a result of a host of new rivals in the compact SUV segment.

Despite registering double-digit growth in FY2022, FY2023, FY2024 and FY2025, the highest ranking the Brezza could manage since FY2020 is No. 2 in FY2021. In FY2022, the Brezza was ranked No. 4 after the Tata Nexon, Hyundai Creta and sibling Ertiga. With an improved performance in FY2023 (145,665 units, up 28%) it rose to No. 3 and was also No. 3 in FY2024, behind the Tata Nexon and Punch. In FY2025, despite hitting its highest fiscal sales of 189,163 units, the Brezza was ranked fourth in the overall UV rankings and the No. 2 compact SUV after the Tata Punch). FY2026 saw sales down 5% YoY to 180,104 units which saw its overall ranking in the Top 10 UV table drop to fifth place and it was the third best-selling compact SUV after the Tata Nexon (216,054 units) and Tata Punch (183,980 units).

Q1 FY2027 Dip and the Facelift Wait Effect

In FY2027’s first quarter (April-June 2026), the Maruti Brezza has sold 37,488 units, down 20% YoY (Q1 FY2026: 47,044 units), a decline which can be attributed to potential buyers awaiting the launch of the MY2026 facelifted Brezza which is expected to get exterior and interior updates, new features and an additional turbo-petrol engine option, which is also offered in the Maruti Fronx.

With 1.46 million units sold in the domestic market from launch till end-June 2026, the Brezza accounts for a third or 34% of Maruti Suzuki’s total UV sales of 4.27 million units (42,71,696 UVs) in the same period. Will the new MY2026 Brezza, which has received a 5-star Bharat NCAP crash safety rating for both Adult Occupant Protection (AOP) and Child Occupant Protection (COP), deliver new sales momentum for the model which kickstarted this popular SUV category a decade ago? Watch this space for regular sales updates, analyses and plenty more.

ALSO READ: Compact SUVs hit new high of 397,609 units in Q1 FY2027

Electric Car and SUV Sales Jump 79% in H1, Set to Cross 300,000 Units in CY2026

Ajit Dalvi — Thu, 09 Jul 2026 10:50:29

India’s electric vehicle growth story is all charged up in CY2026. After the first six months, total retail sales of 1.56 million EVs across the e-2W, e-3W, e-passenger and e-commercial vehicle segments are up 44% YoY (January-June 2025: 1.08 million units) and already 66% of CY2025’s record 2.35 million EVs In tandem with the other three sub-segments, the electric passenger vehicle (cars, SUVs and MPVs) category is also registering strong growth and will scale a new annual sales high in CY2026.

Retail sales (EV customer deliveries) of 148,023 units are a 79% YoY increase (H1 2025: 82,535 units) and translate into an additional 65,488 units.

While sales in Q1 2026 (January-March) at 62,178 units jumped 64% YoY, Q2 (April-June) the big surge came in Q2 – 85,845 units – marking a 93% YoY increase (Q2 CY2025: 44,527 units).

Record retail sales of 148,023 units in H1 2026 translate into an additional 65,488 units and 79% YoY growth. They place India e-PV Inc on track for the highest-ever annual sales of 300,000 units in CY2026.

The accelerated growth in the first half of CY2026 is reflected both in the monthly sales data (see table above) and in the Q1 (January-March) and Q2 (April-June) splits. Q1 CY2026 sales of 62,178 units were a 64% YoY increase (Q1 CY2025: 38,008 units), with March 2026’s 24,713 units being the highest. The big sales surge came in Q2 CY2026 – 85,845 units and a 93% jump (Q2 CY2025: 44,527 units). Q2 numbers were powered by strong sales in May (28,070 units, up 92%) and June (32,259 units, up 112%).

Along with a flurry of new models drawing e-PV buyers, the strong uptick can also be attributed to the sharp increase in the price of petrol, which saw a fair number of fence-sitting ICE 2W buyers go electric to save money on costly petrol. Starting May 15, oil marketing companies implemented four hikes in petrol prices in a span of 10 days. In Mumbai, petrol (priced at Rs 104.21 on May 14) became costlier by Rs 7 and 7% to Rs 111.21 a litre. Fifty-four days since the first price hike, prices of petrol remain unchanged (as of July 9).

June was a standout month for the e-PV sector as well as for India EV Inc. While monthly e-PV retail sales (32,259 units, up 112%) crossed the 30,000 mark for the first time, total EV sales for all four segments – 308,253 units, up 64% YoY) surpassed the 300,000 milestone for the first time. While e-PV market leaders Tata Motors sold a record 12,384 units and Mahindra hit a new high of 7,926 e-SUVs, Maruti Suzuki (1,940 units), VinFast (1,415 units) and BYD India (895 units) also registered their highest monthly sales. June also saw the eight luxury carmakers deliver 826 units, their highest monthly retail yet. As a result of the strong numbers, the e-PV segment’s share of the EV industry rose by two percentage points YoY to 10% in June.

As a result of the sterling growth in Q2, e-PV retail sales in H1 CY2026 (January-June 2026) at 148,032 units jumped 79% YoY (H1 CY2025: 82,535 units) to put this EV category just 46,614 units away from its record annual sales of 194,646 units in CY2026. Given the current rapid pace of demand, last year’s total sales would be surpassed by mid-August, with the sales drive further accelerating in the festive season.

Tata Motors, Mahindra & JSW MG Lead the Charge for India E-PV INC
With H1 CY2026 delivering sales in spades, it is only to be expected that the current strong momentum will be sustained and could even accelerate further in the July-December period. Tata Motors, Mahindra & Mahindra and JSW MG Motor India, the top three e-PV manufacturers, continue to lead the charge this year.

In the first six months, these three OEMs’ combined sales of 123,320 units are up 71% YoY (H1 2025: 72,240 units), and they command 83% of the 148,023 electric cars and SUVs sold between January and June this year. Let’s take a closer look at their performance as well as the other 16 players, including the nine luxury carmakers which have registered 55% YoY growth.

Tata Motors
H1 2026: 57,380 units, up 82% YoY
H1 e-PV market share: 39%
Tata Motors has sold 57,370 e-PVs between January and June, up 82% YoY (H1 2025: 31,556 units), which gives it a 39% share, up one percentage point year on year. May (10,894 units) and June (12,34 units) saw Tata exceed 10,000 units for two months running and the same rich vein of growth is likely to continue in H2. The EV market leader is, at present, 19,249 units away from its CY2025 retails of 76,629 units and will go on to surpass the 100,000 sales milestone for the first time in CY2026.

While the Nexon EV continues to be Tata Motors’ volume driver, the launch of the updated Tiago EV in end-May has helped accelerate the momentum generated by the new Punch EV in February this year. Both models draw a large percentage of first-time EV buyers albeit the new Tiago EV – India’s most affordable e-PV – is expected to draw new buyers transiting from ICE hatchbacks, particularly in the wake of the recent petrol-diesel price hikes. The MY2026 Tiago EV, which continues the brand’s draw of being the most affordable e-PV in India, should give Tata Motors plenty more ammo for higher sales and market share. Tata’s e-PV portfolio, which also includes the Harrier EV, Curvv EV and Tigor EV, has expanded with the launch of the Sierra EV which is expected to further up the ante for the e-PV market leader.

Mahindra & Mahindra
H1 2026: 34,131 units, up 147% YoY
H1 e-PV market share: 23%
Mahindra & Mahindra, which wrested the No. 2 position from JSW MG Motor in March 2026, has clocked six-month retails of 34,131 units, up 147% YoY (H1 2025: 13,801 units). Sales have risen strongly month on month: March (5,873 units), April (5,928 units), May (6,584 units) and June (7,926 units). As a result, M&M’s e-PV market share are risen to 23% from 17% in H1 2025. Having sold 37,235 units in CY2025, the e-SUV maker is just 3,104 units shy of that total which will be crossed in mid-July itself.

While the BE 6 and XEV 9e continue to see demand, the XEV 9S, M&M’s first three-row, born-electric SUV launched last November, has given M&M a new charge. The XEV 9S, which has battery options spanning 59 kWh, 70 kWh and 79 kWh, slots above the XEV 9e and BE 6, both of which are two-row EVs.

JSW MG Motor India
H1 2026: 31,819 units, up 18% YoY
H1 e-PV market share: 21%
Third-ranked JSW MG Motor India’s cumulative sales in H1 2026 are 31,819 units, up 18% YoY (H1 2025: 26,883 units). This gives it an 18% e-PV market share, substantially down from the 33% it had in H1 2025. The strong advance of Tata Motors and particularly M&M has impacted market dynamics for JSW MG. The game-changing Windsor EV, whose total wholesales recently crossed the 75,000-unit mark including 19,000 units in H1 2026, remains the company’s best-selling product in a portfolio which includes the M9 MPV, Cyberster roadster, ZS EV and Comet EV.

Maruti Suzuki India
H1 2026: 6,404 units, NEW
H1 e-PV market share: 4%
Maruti Suzuki, which entered the EV market with its e-Vitara in January, has delivered 6,404 units to customers in H1 2026, which gives it a 4.32% e-PV market share. Sales have risen month on month and quarter on quarter. Q2 sales of 4,944 units are a 238% jump over Q1’s 1,460 units with June (1,940 units) being the highest yet. It is understood that due to production constraints, the company has allocated between 2,000-2,500 units for the domestic with far more for exports where the e-Vitara is the third most-exported SUV in the current fiscal. Maruti Suzuki plans to increase e-Vitara production capacity from August or September this year.

Vinfast India
H1 2026: 5,627 units, NEW
H1 e-PV market share: 3.80%
Vietnamese EV maker Vinfast is ranked fifth amongst the e-PV OEMs with 5,627 units and a 3.80% market share. Sales have risen 145% quarter on quarter in H1 – Q1 (1,630 units) and Q2 (3,997 units) – with June’s 1,415 units being the highest. Of the four models in its portfolio, two (VF6 and VF7) are SUVs and two (VF MPV 7 and VF Limo Green taxi) are MPVs. On the wholesales front (April-May 2026), the VF7 is outselling the VF6. For the two MPVs, the Limo Green e-taxi is witnessing far more demand than the VF MPV 7. Vinfast will be looking to achieve higher sales traction when it launches the VF5 hatchback, which is likely to go head-to-head against the Tata Tiago EV or Punch EV, depending upon its specifications.

BYD India
H1 2026: 3,300 units, up 32%
H1 e-PV market share: 2.22%
BYD India, the local division of China’s BYD, has delivered 3,300 e-PVs in H1 2026, up 32% YoY (H1 2025: 2,507 units). While Q1 sales were 1,101 units, Q2 retail sales doubled to 2,199 units, with June (895 units) being BYD India’s highest monthly score to date. A reason behind June’s strong sales could be that BYD has raised EV prices by 1-2% from July 1, the second time this year. Meanwhile, the Chinese EV maker has confirmed plans to introduce the Seal U later this year, its first PHEV offering. Halfway into CY2026, the EV maker is 2,139 units away from its CY2025 sales of 5,439 units.

Hyundai Motor India
H1 2026: 2,725 units, down 36% YoY
H1 e-PV market share: 1.84%
Hyundai Motor India has clocked e-SUV deliveries of 2,725 units, down 36% YoY (H1 2025: 4,278 units), which translates into 1,553 fewer EVs year on year. The company, which has only two models in its EV portfolio (Creta Electric and Ioniq 5) continues to feel the heat of the intense competition in the e-SUV market, where market leaders Tata Motors, M&M and JSW MG Motor have fast expanded their portfolios at multiple price points to draw more buyers. As a result, Hyundai’s e-PV share is down to less than 2% from 5% a year ago. Halfway into the year, the company is a good 4,649 units away from its CY2025 sales (7,374 units).

Kia India
H1 2026: 2,643 units, up 941% YoY
H1 e-PV market share: 1.78%%
Eighth-ranked Kia India with 2,643 units and a 1.78% e-PV share is just 82 units behind Hyundai India. Following the launch of the mass-market Carens Clavis EV MPV, which joined the far more expensive EV6 and EV9 imported as CBUs, Kia had seen its monthly numbers improve last year. While Q1 sales were 1,278 units, Q2 numbers rose 7% at 1,365 units. Kia India needs to sell another 453 EVs to drive past its CY2025 sales of 3,096 units.

Stellantis India
H1 2026: 196 units, down 76% YoY
H1 e-PV market share: 0.13%
Stellantis India, which markets the Citroen and Jeep brands, is among the six e-PV OEMs to have registered a YoY decline. The e-C3 hatchback has sold in single digits in each of the past six months: January (60 units), February (19 units), March (36 units), April (30 units), May (24 units) and June (27 units). In the year-ago period, Citroen e-C3 sales were 815 units, which means market share has fallen to a minuscule 0.13% from 1 per cent. On June 17, Citroen India launched the Citroen eC3X at Rs 11.99 lakh with BaaS pricing that starts at Rs 689,000 (+ Rs 2.26/km battery rental fee). Will this move rev up demand?

Toyota Kirloskar Motor
H1 2026: 33 units
H1 e-PV market share: 0.022%
Toyota Kirloskar Motor, the latest mainstream manufacturer to plug into the EV industry in India, delivered 33 units of the Urban Cruiser Ebella in June, which was its first month of sale. The Toyota Ebella is the badge-engineered version of the Maruti e-Vitara and also rivals the Mahindra BE 6, Vinfast VF6, MG ZS EV, Hyundai Creta Electric and Tata Curvv EV. The Ebella is currently sold in three variants (E1, E2 and E3), albeit priced at a considerable premium over its Maruti cousin.

With 148,023 electric cars, SUVs and MPVs sold between January and June, with 79% YoY growth, the e-PV industry is well placed to race past the 300,000 retail sales milestone in CY2026.

Luxury Carmakers Sell 3,775 EVs in H1 CY2025, BMW India’s Share Jumps to 64%
In tandem with the mainstream EV manufacturers, luxury car and SUV OEMs are so registering robust growth this year. As per Vahan retail sales data, the nine OEMs in this sub-segment have sold 3,775 units in H1 2026 to mark 55% YoY growth (H1 2025: 2,443 units). This places them well on track to hit 7,500 annual sales in CY2026, well ahead of the 5,719 units they sold in CY2025. At present, luxury e-PV retail sales are 1,944 units shy of that total. If demand continues at the same pace, luxury e-PV sales will take another three-odd months to go past last year’s total.

This segment’s strong performance continues to be driven by BMW India and Mercedes-Benz India, with their overall sales benefiting from the strong boost in EV numbers. Both these German carmakers have registered their highest first-half wholesales in H1 2026: Mercedes-Benz India (9,768 units, up 9% YoY) and BMW India (9,075 units, up 17%). In the growing battle between these two OEMs on the retail front, the latest Vahan statistics reveal that BMW India (10,125 units including EVs) has sold 446 units more than Mercedes-Benz India (9,679 units including EVs).

Though Mercedes-Benz India remains the overall luxury car market leader, BMW India continues to top EV sales. In H1 2026, BMW sold 2,432 EVs to increase its share to a new high of 64 per cent.

BMW India remains the luxury EV market leader in H1 2026 as it did in CY2025 when it sold 3,481 EVs and commanded a 61% share. At present, every fourth car it sells is an EV. In the January-June 2026 period, BMW India has delivered 2,432 zero-emission vehicles to register 79% YoY growth (H1 2025: 1,359 units). This stellar showing is reflected in its share rising strongly to 64% from 56% in H1 2025. On the overall EV market scale, BMW India ranks ninth.

Mercedes-Benz India, the overall luxury car market leader, clocked retail sales of 859 units, up 10% YoY (H1 2025: 782 units). This gives the company a 23% share of the luxury EV market. In terms of wholesales, battery (BEVs) comprised 25% of all top-end models sold in H1 2026. Top-end BEVs (priced from Rs 1.4 crore and above) grew 85% in Q2 CY2026. According to the company, Mercedes-Benz BEV penetration doubled to 14% of its total sales mix in Q2 2026, driven by the success of the new CLA BEV and demand for the top-end EQS SUV.

Tesla ranks third in the luxury e-PV market with 236 units and a 6% market share. The highest monthly sales in H1 2026 for the American EV OEM, which has expanded its portfolio in India with the extended-wheelbase six-seater Model Y L, were in March (53 units).

Volvo Auto India clocked retail sales of 205 units in the past six months, down 3% YoY (H1 2025: 211 units), which sees its share reduce to 5% from 9% a year ago.

German sports car manufacturer Porsche, with 31 units, posted a 24% YoY increase and maintained its 1% share of the luxury e-PV market. The remaining three OEMs (Audi India, JLR and Lotus) sold two EVs each.

ALSO READ: EVs Help Tata Motors Drive Ahead of Mahindra by 20,364 Units in First-Half CY2026

Electric car and SUV sales cross 30,000 for the first time in June 2026

India EV Sales Cross 300,000 for the First Time in June, Headed for 3 Million in CY2026

Electric Car and SUV Sales Jump 79% in H1, Set to Cross 300,000 Units in CY2026

Ajit Dalvi — Thu, 09 Jul 2026 10:50:29

Retail sales (EV customer deliveries) of 148,023 units are a 79% YoY increase (H1 2025: 82,535 units) and translate into an additional 65,488 units.

While sales in Q1 2026 (January-March) at 62,178 units jumped 64% YoY, Q2 (April-June) the big surge came in Q2 – 85,845 units – marking a 93% YoY increase (Q2 CY2025: 44,527 units).

With 148,023 electric cars, SUVs and MPVs sold between January and June, with 79% YoY growth, the e-PV industry is well placed to race past the 300,000 retail sales milestone in CY2026.

Though Mercedes-Benz India remains the overall luxury car market leader, BMW India continues to top EV sales. In H1 2026, BMW sold 2,432 EVs to increase its share to a new high of 64 per cent.

Volvo Auto India clocked retail sales of 205 units in the past six months, down 3% YoY (H1 2025: 211 units), which sees its share reduce to 5% from 9% a year ago.

ALSO READ: EVs Help Tata Motors Drive Ahead of Mahindra by 20,364 Units in First-Half CY2026

Electric car and SUV sales cross 30,000 for the first time in June 2026

India EV Sales Cross 300,000 for the First Time in June, Headed for 3 Million in CY2026

Electric 2W Sales Race Past a Million Units in First 6 Months and 6 Days of CY2026

Ajit Dalvi — Tue, 07 Jul 2026 11:21:39

Zero to 10,00,000 units in 187 days. That’s what the electric 2-wheeler industry in India has achieved in terms of retail sales (EV deliveries to customers). As per the latest data on the Vahan portal, a record 10,05,279 e-scooters, motorcycles and mopeds have been sold between January 1 and July 6 this year. This marks a handsome YoY increase of 54% (January 1-July 6, 2025: 654,592 units) and a daily ‘run’ rate of 5,375 units!

While Q1 CY2026 (447,066 units) logged YoY growth of 39%, Q2 CY2026 (524,335 units) delivered a 68% YoY jump (Q2 CY2025: 312,070 units) with e-2W sales accelerated by the multiple petrol price hikes in May.

As the six-month retail sales data table above depicts, CY2026 opened with 129,265 units in January, dropping 8% MoM in February (118,408 units). March saw retails jump 68% MoM to 199,393 units, which remains the highest monthly total yet for India e-2W Inc. As a result, Q1 CY2026 (447,066 units) registered YoY growth of 39% (Q1 CY2025: 321,520 units). Sales rose higher in Q2 CY2026 (524,335 units) which was a 17% increase over Q1 and a 68% jump YoY (Q1 CY2025: 312,070 units) due to the sharp spike in sales in April (157,619 units, up 63%), May (194,196 units, up 64%) and June (194,186 units, up 75%).

Retail sales in May 2026, particularly from the second half, got a booster shot from the sharp increase in the price of petrol and a market dynamic that saw a fair number of fence-sitting ICE 2W buyers go electric to save money on costly petrol. Starting May 15, oil marketing companies implemented four hikes in petrol price in a span of 10 days. In Mumbai, petrol (priced at Rs 104.21 on May 14) became costlier by Rs 7 and 7% to Rs 111.21 a litre. Fifty-two days since the first price hike, prices of petrol remain unchanged (as of July 7) and are enabling a higher level of transition to electric mobility across the 2- and 3-wheeler as well as passenger and commercial vehicle segments.

TVS, Bajaj Auto, Ather Energy and Hero Vida have already achieved more than 80% of their record annual sales in CY2025 in the first six months and six days of CY2026 and are powering India e-2W Inc’s growth this year.

TVS, Bajaj, Ather, Hero Vida, GEM and Revolt Well Set to Clock Highest Annual Sales
The e-2W segment’s stellar growth this year is being driven by its Top 10 movers and shakers, with the bulk of them set to register their highest calendar year retail sales in CY2026. Combined sales of these 10 OEMs, at 939,894 units, give them a 93% share of the 1-million retails to date, leaving the remaining 7% to be fought out by the other 16 players in the segment.

Market leader TVS Motor Co has sold 260,938 iQube and Orbiter scooters till July 6 and accounts for a 26% share of the 1-million sales. This total is already 83% of its CY2025 sales of 315,085 units which means TVS is well set to surpass the 500,000-units or half-a-million annual sales milestone for the first time in CY2026.

Bajaj Auto, with 225,960 units and 22% share of YTD e-2W sales, is the closest challenger to TVS. The manufacturer of the Chetak has achieved 81% of its CY2025 sales (279,687 units). It should cross the 300,000 annual sales mark by mid-August and then go on to surpass 400,000 sales by the end of CY2026. It will be achieving both these milestones for the first time in a calendar year.

Ather Energy, the firm No. 3, is also on a roll this year. The smart e-scooter maker has delivered 174,677 units between January 1-July 6, which gives it a 17% share of the million units and constitute 81% of its CY2025 sales (214,984 units). Given the strong growth momentum for its products, particularly the Rizta, Ather will go on to register 350,000-plus retails this year.

Hero MotoCorp (Vida) will, for the first time, achieve the 200,000 annual sales milestone for its EVs. The 109,306 e-scooters sold till date are 97% of its CY2025 total (113,024 units) and give the company an 11% share of the 10,05,279 e-2Ws sold in the year to date.

Ola Electric has delivered 68,148 e-scooters and e-motorcycles in the first 187 days of this year. This gives it a 7% share of the million units albeit this total is just 33% of its sales in CY2025 (204,526 units). While annual sales will surely cross the 125,000 mark this year, only a massive resurgence in demand for products from the former market leader will see it hit 150,000 units, far fewer than the top three OEMs TVS, Bajaj Auto and Ather.

The IPO-bound Greaves Electric Mobility, the manufacturer of Ampere e-scooters, has clocked retail sales of 45,240 units in the year to date. This gives it a 5% share of the million-unit sales and is 78% of its CY2025 sales (57,700 units). GEM’s highest annual sales were in CY2022 (80,000-plus including Ampere Vehicles).

Bengaluru-based River Mobility, which is witnessing growing demand for its sole product – the River Indie – has already hit a new annual sales high of 22,490 units. This is 5,470 units more than in CY2025 (17,020 units) and should see the startup close in on the 50,000 mark in CY2026.

Eighth-ranked Bgauss Auto has sold 20,276 units between January and July 6, which gives it a 2% share of all-India e-2W sales to date and 80% of its CY2025 sales (25,131 units).

Scooter maker Simple Energy has sold 7,391 units in the year to date, 763 units more than the 6,628 e-scooters it sold in CY2025.

Electric motorcycle manufacturer Revolt Motors, with 5,468 units, has achieved 50% of its CY2025 sales of 11,018 units.

Electric 2Ws to Power India EV Inc’s Mission 3 Million in CY2026
The e-2W industry’s high double-digit growth in the first half of this year means it is well on its way to raising the bar for annual sales. With 10,05,279 units (up 54% YoY) already sold, this EV segment’s 175 OEMs are just 336,970 units away from surpassing CY2025’s record sales of 1.34 million units (13,42,248 units).

Given that the surging demand for electric scooters and motorcycles continues in H2 this year, the e-2W industry is racing towards breaching the 2-million annual sales milestone for the first time. And, considering that e-2Ws constitute the largest volume, they will also help the domestic EV industry to achieve a record 3 million sales this year.

ALSO READ: India EV Sales Cross 300,000 for the First Time in June, Headed for 3 Million in CY2026

TVS and Bajaj sell 90,000 e-scooters in June to power second-highest monthly total

Delhi EV Policy 2.0 to Boost E-2W Demand, Ola, TVS, Ather Are Top Choices for Buyers in the Capital

Electric 2W Sales Race Past a Million Units in First 6 Months and 6 Days of CY2026

Ajit Dalvi — Tue, 07 Jul 2026 11:21:39

Eighth-ranked Bgauss Auto has sold 20,276 units between January and July 6, which gives it a 2% share of all-India e-2W sales to date and 80% of its CY2025 sales (25,131 units).

Scooter maker Simple Energy has sold 7,391 units in the year to date, 763 units more than the 6,628 e-scooters it sold in CY2025.

Electric motorcycle manufacturer Revolt Motors, with 5,468 units, has achieved 50% of its CY2025 sales of 11,018 units.

ALSO READ: India EV Sales Cross 300,000 for the First Time in June, Headed for 3 Million in CY2026

TVS and Bajaj sell 90,000 e-scooters in June to power second-highest monthly total

Delhi EV Policy 2.0 to Boost E-2W Demand, Ola, TVS, Ather Are Top Choices for Buyers in the Capital

Bajaj Auto's Three-Wheeler Lead Narrows As Electric Rivals Mahindra And TVS Gain Ground

Autocar Professional Bureau — Mon, 06 Jul 2026 14:36:02

India's three-wheeler industry closed FY26 with total volumes of 13,63,412 units, up from 12,20,834 units in FY25 — a healthy increase of over 11 percent. But beneath the headline growth number lies a more nuanced story of shifting competitive dynamics, with market leader Bajaj Auto Ltd ceding ground even as its own volumes climbed, and rivals with stronger electric three-wheeler portfolios steadily closing the gap.

Bajaj Holds the Top Spot, But the Cushion is Thinning
Bajaj Auto ended FY26 with 4,73,247 units, comfortably ahead of the field and up from 4,37,678 units in FY25. In absolute terms, this represents healthy growth of over 8 per cent. However, its market share for the full year slipped to 34.71 per cent, down from 35.85 per cent in FY25 — a decline of over a full percentage point in a segment that itself grew by double digits.

A month-by-month reading of the first six months of 2026 shows the erosion becoming more pronounced as the year progressed. Bajaj's share stood at 35.38 per cent in January 2026, rose to a high of 38.04 per cent in February, and then began a steady slide — 37.50 per cent in March, 36.97 percent in April, 35.06 percent in May, and finally 33.82 percent in June. The June 2026 figure is particularly telling: at 33.82 per cent, it is markedly lower than the 37.54 percent share Bajaj held in June 2025, even though the company's unit volumes for the month actually grew year-on-year, from 39,058 to 40,883 units. The message is clear — the overall pie is growing faster than Bajaj's slice of it.

Mahindra's Electric Push is the Standout Story
The clearest beneficiary of this shift has been Mahindra & Mahindra Limited, whose three-wheeler business is increasingly driven by its dedicated electric arm, Mahindra Last Mile Mobility Ltd. The group's combined market share has climbed almost every month this fiscal year: from 6.47 per cent in January 2026 to 7.37 per cent in February, 9.08 percent in March, 10.15 per cent in April, 10.57 percent in May, and 11.12 percent in June. For the full year, Mahindra's share rose to 8.07 per cent from 6.37 per cent in FY25, with Mahindra Last Mile Mobility alone accounting for the vast majority of that volume — 1,09,135 of the group's 1,10,036 units in FY26. The conventional Mahindra & Mahindra entity, by contrast, contributed a negligible 901 units, underlining how central the electric last-mile business has become to the group's three-wheeler ambitions.

TVS Motor Nearly Doubles its Share
TVS Motor Company has posted an equally emphatic gain. Its FY26 market share rose to 4.07 per cent from just 2.12 per cent in FY25 — close to doubling — with monthly figures showing a consistent climb from 4.34 per cent in January to 5.30 per cent by June. TVS's three-wheeler play has leaned heavily on electric models, and the trend suggests the segment is rewarding OEMs that have moved decisively on electrification.

Piaggio Steady, Smaller EV Specialists Lose Ground
Piaggio Vehicles, historically the number two player, has seen its position stay largely range-bound but trend slightly downward — from 7.32 per cent in FY25 to 6.67 per cent in FY26 — even as Bajaj and the electrified challengers reshuffle the rest of the field. Interestingly, some of the smaller pure-play electric three-wheeler manufacturers have not benefited uniformly from the segment's electrification. YC Electric Vehicle's share fell from 3.66 per cent in FY25 to 2.70 per cent in FY26, while Saera Electric Auto and Dilli Electric Auto also saw their shares soften over the same period. This suggests that growth in the electric three-wheeler category is consolidating around larger, well-capitalised OEMs — Mahindra and TVS in particular — rather than being spread evenly across the specialist EV manufacturers that once dominated the space.

The Road Ahead for Bajaj
Bajaj Auto's three-wheeler business remains anchored largely in internal combustion and CNG platforms. With Mahindra and TVS both posting sustained month-on-month share gains through FY26 — and doing so specifically through electric models — the competitive pressure on Bajaj's leadership position looks set to intensify. Bajaj's absolute volumes continue to grow, and it remains the largest player by a wide margin, but the narrowing share gap through the course of FY26, especially the sharper drop seen between May and June, indicates that electrification is fast becoming the primary battleground in India's three-wheeler market — one where Bajaj will need to sharpen its response to defend its lead.

Data source: FADA

Tata Motors Edges Ahead of Mahindra in the PV Market Share Race

Shruti Shiraguppi — Mon, 06 Jul 2026 13:38:08

Six months into 2026, the contest between Tata Motors and Mahindra & Mahindra for the number-two spot in India's passenger vehicle market has shifted. Where the two were closely matched at the start of the year, FADA retail data through January-June shows Tata pulling steadily ahead — a change driven as much by Tata's broad-based product mix as by headwinds Mahindra has had to work through.

January set the tone for how close the fight was. Mahindra retailed 63,066 units against Tata's 63,318, with market shares of 12.83 percent and 12.33 percent respectively separating the two by less than a point. Mahindra's SUV line-up was driving strong demand at the time, while Tata's refreshed portfolio was only beginning to gain traction. Looking at the full FY26 picture, Mahindra still finished ahead on paper, with 6,31,638 units and a 13.42 percent share against Tata's 6,13,513 units and 13.04 percent.

That picture started to change from February. Tata retailed 56,447 units for a 14.30 percent share, edging past Mahindra's 53,281 units and 13.50 percent share for the month. In March, the gap widened a little further: Tata posted 65,784 units and a 14.95 percent share, while Mahindra recorded 61,029 units and 13.87 percent.

April confirmed the shift as more than a short-term blip. Tata's tally came in at 57,688 units and a 14.16 percent share, against Mahindra's 55,236 units and 13.56 percent. The contrast with April a year earlier is notable — in April 2025, Mahindra had led with a 14.21 percent share to Tata's 12.43 percent — suggesting the two companies have meaningfully swapped positions over twelve months.

The trend held through May and June. Tata retailed 55,544 units in May for a 13.80 percent share, ahead of Mahindra's 51,311 units and 12.75 percent — again a reversal from May 2025, when Mahindra led 14.22 percent to Tata's 12.21 percent. By June, Tata had extended its position further to 57,009 units and a 13.88 percent share, compared with Mahindra's 54,099 units and 13.17 percent, against a Mahindra-led 13.85 percent to 11.81 percent split in June 2025.

The underlying drivers point to a fairly straightforward divergence in approach. A large part of Tata's gains can be traced to the Tata Sierra, relaunched in November 2025 and delivered to customers from January 2026. The midsize SUV quickly became Tata's third best-selling model after the Nexon and Punch, settling into a run rate of roughly 6,500-9,000 units a month and contributing around 11-12 percent of the company's PV volumes through the first half of the year — a timeline that lines up closely with Tata's move past Mahindra from February onward.

Beyond the Sierra, Tata's gains have also been supported by sustained EV demand and steady volumes across its hatchback range, which has made it less dependent on any single segment. Mahindra, meanwhile, has grown in absolute terms but lost relative share: production has faced supply chain constraints, its SUV-heavy line-up has come under pricing and feature pressure from rivals, and a slower pace of new launches compared with Tata and Hyundai has cost it some incremental demand.

Six months on, what began as a near-even contest has settled into a modest but consistent lead for Tata. Whether Mahindra can close that gap will likely depend on how quickly it can bring new launches to market and resolve its supply constraints as the industry heads into the traditionally stronger festive season of H2CY2026.

Honda Sells 2,389 E-Scooters in H1 CY2026, Suzuki E-Access Hits Highest Sales in June

Ajit Dalvi — Mon, 06 Jul 2026 10:35:28

June 2026, which delivered the second-highest monthly retail sales (196,827 units) for the Indian electric 2-wheeler industry was also the month when combined sales for the three legacy-and-EV Japanese OEMs – Honda, Suzuki and Yamaha – were at their highest. As per the Vahan portal, this trio sold a total of 1,469 e-scooters, which gives them a 0.74% share of the e-2W market last month.

Honda Motorcycle & Scooter India (HMSI), the ICE scooter market leader and the first of the three Japanese two-wheeler OEMs in India to enter the EV segment in early CY2025, registered its highest retail sales (customer deliveries) in June. HMSI customers took delivery of 810 units of the Activa-e and QC1 last month, which marks a 78% YoY increase (June 2025: 454 units).

This is the first time that HMSI has retailed over 800 units in a single month, beating its previous best of 525 units in May 2026 (see data table below). In the process, cumulative retail sales of the two Honda e-scooters have surpassed the 6,000-unit mark and stand at 6,254 units at the end of June 2026. Model-wise, the QC1 is witnessing more demand than the Activa-e.

Though Suzuki (1,167 units) was ahead of Honda (1,054 units) by 113 units in January-April, HMSI has outsold the e-Access in both May and June to get a 347-units lead in first-half CY2026.

While the Activa-e, which is equivalent to a 110cc ICE scooter, comes with two Honda Mobile Power Pack swappable batteries as its power source and is meant primarily for personal commuting, the Honda QC1 (equipped with a fixed battery) is targeted at gig-worker operations and is more of an affordable urban runabout.

The Activa-e, which looks far more stylish than its hugely popular ICE sibling which is India’s longstanding best-selling scooter, has two variants: standard (Rs 120,133, ex-showroom) and RoadSync Duo (Rs 152,000). It has a 102km claimed IDC range, does the 0-60kph sprint in 7.3 seconds, and reaches a top speed of 80kph. The QC1, Honda’s more budget-friendly EV and essentially an eco-friendly urban runabout, has a claimed top speed of 50kph, does the 0-40kph sprint in 9.7 seconds, and delivers a claimed IDC range of 80km. Priced at Rs 90,708 (ex-showroom), the Honda QC1 is the most affordable Japanese electric scooter in India.

Honda, which has sold 2,389 e-scooters between January and June 2026, has a slender lead of 347 units over Suzuki which has delivered 2,042 units of its e-Access in first-half CY2026.

Honda Leads Suzuki by 347 Units After First Six Months of CY2026
The battle between Honda and Suzuki on the EV turf continues to be intense. In the first four months of CY2026, Suzuki had outsold Honda but the manufacturer of the Activa-e and QC1 has turned the tables on its Japanese cousin with stronger numbers in May-June (1,335 units) versus Suzuki’s 875 which includes best-yet monthly retails of 523 e-Access EVs in June.

As a result, in first-half CY2026, Honda with 2,389 units (up 68% YoY: H1 CY2025: 1,419 units) currently has a 347-unit lead over Suzuki (2,042 units) which plugged into the Indian e-2W market this January.

What is creditable about Suzuki India’s e-2W market performance is that the e-Access is one of the most expensive e-scooters on sale, particularly when compared to the two Honda EVs. At Rs 188,490 (ex-showroom) and up to Rs 200,700 (on-road), the Suzuki e-Access costs substantially more than the TVS iQube and Bajaj Chetak, the top two best-selling e-2Ws in India.

However, despite bearing a stiff price, the Suzuki e-Access is witnessing growing demand as a no-nonsense and practical offering that comes from a Japanese brand renowned for its reliability. Targeted at urban commuters, this zero-emission avatar of Suzuki’s best-selling scooter in India (Access 125) is pitched as a durable and reliable mobility solution for both city riding as well as short weekend rides. The e-Access, which has a range of up to 95km, comes with keyless functionality for ignition, boot release and charging port access, a feature that is still not available in most e-scooters in its segment.

Meanwhile, Yamaha, the third Japanese OEM, which entered the India EV market in March 2026, sold 136 units of the EC-02 in June to take its cumulative sales to 418 units. Combined six-month sales of Honda, Suzuki and Yamaha at 4,849 units give these three Japanese e-2W OEMs a minuscule 0.49% share of the 971,023 electric scooters, motorcycles and mopeds retailed in the first six months of CY2026.

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India EV Sales Cross 300,000 for the First Time in June, Headed for 3 Million in CY2026

Bajaj Auto Races Past 800,000 EV Sales; Chetak on Track for 400,000 Units This Year

Ajit Dalvi — Sun, 28 Jun 2026 15:58:41

June 2026 has turned out to be a red-letter month when it comes to electric 2-wheeler manufacturers in India hitting new milestones. While TVS Motor Co became the second e-2W OEM to achieve 1-million sales, a few days ago Ather Energy surpassed 700,000 retail sales and Greaves Electric Mobility went past 300,000 retail sales. Now, Bajaj Auto, currently ranked No. 2 after TVS in this vehicle segment, has gone past cumulative sales of 800,000 units, six-and-a-half years after it launched the Chetak.

As per the latest data on the Vahan portal, Bajaj Auto has delivered a total of 800,085 e-scooters since January 2020 till June 27, 2026. This makes it only the third electric 2W OEM to achieve the 800,000 e-2W retail sales after Ola Electric and TVS Motor Co, both of which have sold over 10 lakh e-2Ws.

Eighty-six percent (692,207 units) of the 800,085 Chetak sales have come in the past two-and-a-half years with Bajaj Auto’s market share jumping from 8% in CY2023 to 22% at present.

As the retail sales data table above depicts, cumulative sales between FY2020 to FY2023 were 107,878 units or 13.5% of the 800,085 units sold to date. The bulk – 86% or 692,207 units – have come from CY2024 till the closing days of June 2026. Bajaj Auto, which also manufactures EVs for Yulu Bikes, India’s largest shared electric mobility player, is estimated to have supplied around 30,000 low-speed electric two-wheelers to Yulu. All Chetak and Yulu models roll out of Bajaj Auto’s Chakan and Akurdi plants which have a manufacturing capacity of 480,000 e-2Ws per annum.

While the Bajaj Chetak’s sales in the initial years were tepid mainly as a result of a nascent market and the company’s small EV-specific sales network, demand for the Chetak rose strongly in CY2024 when 201,166 units were delivered to customers, up 168% YoY (CY2023: 75,112 units), giving Bajaj Auto the No. 3 rank after Ola Electric (277,610 units) and TVS Motor Co (177,024 units). CY2025 saw the Bajaj numbers rise 39% YoY to 279,685 units, which made it the No. 2 e-2W OEM for the first time, behind market leader TVS (315,087 units) and ahead of Ather Energy (214,985 units).

The rapid rise in the Bajaj Chetak’s sales is reflected in its increasing e-2W market share. In CY2022, the Chetak (26,758 units) had a 4% share of all-India e-2W sales of 661,636 units. Bajaj Auto’s e-2W share entered double-digits for the first time in CY2024 when it accounted for 16%, and then increased it to 21% in CY2025. In the first six months of CY2026, with 211,356 units (January 1-June 27), it has a 22% e-2W market share and has already achieved 76% of its record CY2025 sales.

Halfway into CY2026, Bajaj Auto is 32,877 units behind TVS Motor Co (244,233 units) but ahead of Ather Energy (164,629 units), Hero Vida (101,996 units), Ola Electric (63,247 units) and Greaves Electric Mobility (41,803 units). Combined sales of these top six OEMs account for 827,264 units or 88% of the total 934,141 e-2Ws sold in CY2026 to date.

Having averaged monthly sales of over 35,000 units in the first six months of this year with robust 51% YoY growth, Bajaj Auto should cross the 300,000 annual sales by mid-August and then go on to surpass 400,000 sales by the end of CY2026. It will be achieving both these milestones for the first time in a calendar year.

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