Electric Two-Wheeler Sales India Jan 2026: TVS Leads, Ola Sales Drop

India's EV two-wheeler sales hit 1.22 lakh units in Jan 2026.

The electric two-wheeler industry posted impressive growth figures in the domestic market during January 2026. Year-over-year growth reached 24.77 percent while month-over-month growth hit 26.09 percent. The overall sales stood at 1,22,812 units against 98,427 units sold during the same month last year.

December 2025 saw a total of 97,399 electric two-wheelers retailed. The first month of calendar year 2026 started on a positive note for the entire industry.

TVS Motor Company Leads The Market

TVS Motor Company retained the topmost position with sales of 34,558 units in January 2026. The Hosur-based two-wheeler brand continued to be the leading EV brand in India. Year-over-year growth reached 43.82 percent as 24,028 units were sold in January 2025.

Month-over-month sales grew by 38.03 percent. Sales in December 2025 stood at 25,037 units. The recent launch of the Orbiter e-scooter strengthened the brand's presence in the electric two-wheeler segment.

Bajaj Auto Secures Second Position

Bajaj Auto retained the second position with 25,598 units in January 2026 sales. The company sold 21,470 units during the same month last year. The Pune-based auto brand registered year-over-year growth of 19.23 percent. Month-over-month growth reached 36.17 percent.

December 2025 saw sales volumes of 18,798 units. The launch of the Chetak C25 helped the brand consolidate its market share in the segment.

Ather Energy Climbs Higher

Ather Energy's positive run continued with 21,999 units being sold in January 2026. The company recorded strong year-over-year growth of 67.97 percent. Month-over-month growth reached 28.97 percent.

The Bengaluru-based EV startup had sold 13,097 units in January 2025. Monthly sales numbers in December 2025 were at 17,058 units. Ather maintained the third position comfortably.

Hero Vida Shows Phenomenal Growth

Hero MotoCorp's electric arm Vida witnessed a phenomenal year-over-year growth of 718.08 percent in January 2026. The brand retailed 13,302 units last month as compared to 1,626 units in January 2025. Month-over-month sales growth was encouraging at 24.28 percent with volumes at 10,703 units in December 2025.

Vida maintained the fourth position ahead of Ola Electric. This marks a significant shift in market dynamics.

Ola Electric Faces Significant Decline

Ola Electric is the only brand in this list to report negative growth. Sales plummeted to 7,516 units in January 2026 as compared to 24,413 units in January 2025. The company saw a year-over-year de-growth of 69.21 percent.

This sharp decline represents a dramatic reversal for the brand that was once the undisputed leader of the electric two-wheeler segment.

Other Brands Performance

Greaves Cotton (Ampere) occupied the sixth position in the list. River EV secured the seventh spot. BGauss took the eighth position. E-Sprinto bagged the ninth spot with exceptional year-over-year sales growth of 1526.40 percent. Sales numbers grew from 125 units in January 2025 to 2,033 units in January 2026.

Industry Momentum

The electric two-wheeler industry demonstrates strong momentum heading into 2026. Multiple brands are expanding their product portfolios and capturing market share. New model launches continue to drive consumer interest and sales growth across the segment.

Model Wise Electric Two-Wheeler Sales Table Jan 2026