Electric Two Wheeler Sales Aug 2026 – TVS, Bajaj, Ather, Hero, Ola, Ampere, River, Bgauss

After taking a look at the electric car sales last month, let us now take a look at the Electric two-wheeler retail sales, which has recorded strong year-on-year growth in August 2026.

Total electric 2W sales stood at 1,83,204 units, up 67.05% from 1,09,673 units in August 2025. On a sequential basis, however, sales fell 10.35% from 2,04,362 units registered in July 2026. Interestingly, every major manufacturer in the list recorded a MoM decline during August.

Electric Two Wheeler Sales Aug 2026

TVS retained the top position with 48,938 units, almost doubling its sales from 25,646 units in August 2025. This represents 90.82% YoY growth. TVS commanded a 26.71% share of the electric two-wheeler market during August. Sequentially, sales declined 11.82% from 55,499 units in July.

Bajaj was second with 41,114 units and recorded the strongest YoY growth among the top five manufacturers. Sales increased 235.73% from 12,246 units a year ago. Bajaj’s market share stood at 22.44%. Compared to July’s 45,613 units, sales declined 9.86%. Together, TVS and Bajaj accounted for almost 49.2% of India’s electric two-wheeler retail sales during the month.

Ather Third, Hero Ahead Of Ola

Ather maintained third position with 28,757 registrations, up 49.70% YoY from 19,210 units. Sales were down 5.27% MoM from 30,357 units. Ather held 15.70% market share. Hero MotoCorp was fourth with 19,007 units, recording 38.04% YoY growth. However, it witnessed the steepest MoM decline among the top five, falling 17% from 22,900 units.

Ola Electric was fifth with 13,852 units. It was the only manufacturer among the top eight to record a YoY decline, with registrations falling 28.83% from 19,464 units in August 2025. On a sequential basis, Ola performed relatively better, with sales declining just 1.80% from July.

Greaves Ampere registered 8,613 units, up 88.59% YoY but down 14.93% MoM. River continued its rapid expansion with 5,141 units, representing 170.15% YoY growth. BGauss followed closely with 4,845 units and recorded 180.22% YoY growth. Sequentially, River and BGauss declined 13.65% and 12.20%, respectively. Other manufacturers collectively contributed 12,937 units.

Electric 2W Share Above 10%

EVs accounted for 10.68% of India’s overall two-wheeler retail market in August 2026, considerably higher than 7.66% in August 2025. This represents a gain of 3.02 percentage points in one year. However, EV penetration declined sequentially from 11.24% in July to 10.68% in August. Petrol/ethanol two-wheelers consequently increased their share from 88.67% to 89.23%.