Ather Energy Vahan retail registrations

Ather Energy Sales November 2025: 22,203 Units, +56.1% YoY

Full Vahan registration report for Ather Energy in November 2025 — total volume, year-on-year and month-on-month change, where it ranks against every other manufacturer, and the segment and fuel mix behind the number.

22,203
November 2025 registrations
+56.1%
Year on year
−26.6%
Month on month
0.6%
Share of all registrations
+0.22pp YoY
14th
Rank among all makers, November 2025
1.98 L
2025 year to date
+58.2% YoY

Ather Energy in November 2025

Ather Energy registered 22,203 vehicles in India in November 2025. Volume surged 56.1% against November 2024 and slumped 26.6% against October. Its best month on record remains March 2026 at 36,629.

Of those, 22,201 were two-wheelers, +56.1% on November 2024. That figure is exact: it is counted with Vahan's own vehicle-class filter rather than worked out from the company total.

That put Ather Energy 14th among every manufacturer registering vehicles in India in November 2025, behind Kia India on 25,852 and ahead of Ashok Leyland on 16,382.

Measured against every vehicle registered in India that month — all segments, all fuels — that is 0.6% of the market, +0.22pp against November 2024.

Across 2025 to date — the 11 months of the year that have closed — the company has registered 1,97,831 vehicles, +58.2% on the same months of 2024.

Ather Energy monthly registrations

Every calendar year on record, month by month. The dashed end of the current year is the month so far.

What Ather Energy sells

100.00% of everything Ather Energy has registered in 2025 is in two-wheelers, and the company holds 1.0% of that segment nationally. Other vehicles is next at 0.0%.

This split is the calendar year to date and cannot be cut to a single month: our Vahan data holds a manufacturer's volume by month, and its volume by vehicle class, but not the two together. Multiplying them would be a guess, so the table stays on the axis where the number is exact.

Ather Energy by segment, 2025

Calendar year to date — exact, but with no month axis.

Ather Energy by segment — 2025 year to date
Segment 2025 units Share of company Share of segment
Two-Wheelers 2,16,461 100.00% 1.0%
Other 5 0.0% 0.0%

"Share of segment" is this company against every other manufacturer in the same segment, over the same months.

Fuel mix

100.00% of Ather Energy's 2025 registrations are battery electric — 2,16,466 vehicles, against 100.00% in 2024.

Fuel, like segment, is published against the manufacturer for the whole year rather than by month, so these shares are 2025 to date. Hybrids are counted separately from battery electrics.

Ather Energy by fuel — 2025 year to date
Fuel 2025 units Share vs 2024
Electric 2,16,466 100.00% 0.00pp

Every manufacturer, November 2025

Ranked on total registrations across every vehicle type, which is the finest manufacturer split our Vahan data holds with a month axis. Two-wheeler makers therefore sit above carmakers selling far more value — this is a count of vehicles, not of revenue.

Manufacturer leaderboard — November 2025
# Manufacturer Nov 2025 Share of market
1 Hero MotoCorp 9,00,588 26.1%
2 Honda 2W (HMSI) 6,40,078 18.5%
3 TVS Motor 4,69,668 13.6%
4 Bajaj Auto 3,18,256 9.2%
5 Maruti Suzuki 1,69,300 4.9%
6 Mahindra & Mahindra 1,43,135 4.1%
7 Royal Enfield 1,22,888 3.6%
8 Suzuki 2W 1,11,337 3.2%
9 Tata Motors 91,128 2.6%
10 Yamaha India 73,339 2.1%
11 Hyundai 52,748 1.5%
12 Toyota Kirloskar 30,794 0.9%
13 Kia India 25,852 0.7%
14 Ather Energy 22,203 0.6%
15 Ashok Leyland 16,382 0.5%

Ather Energy month by month

The last 15 months on record. The year-on-year column compares each month against the same month a year earlier; the running month is left without one.

Ather Energy monthly registrations
Month Registrations YoY
October 2026 (live) 19,209 —
September 2026 30,864 +57.3%
August 2026 29,148 +49.7%
July 2026 30,706 +72.2%
June 2026 31,530 +96.8%
May 2026 28,651 +103.1%
April 2026 29,021 +102.3%
March 2026 36,629 +115.2%
February 2026 21,915 +69.6%
January 2026 23,487 +67.2%
December 2025 18,635 +62.8%
November 2025 22,203 +56.1%
October 2025 30,246 +75.1%
September 2025 19,620 +39.6%
August 2025 19,469 +66.4%

Frequently asked questions

How many vehicles did Ather Energy sell in November 2025?
22,203 Ather Energy vehicles were registered in India in November 2025, +56.1% against November 2024 and −26.6% against October. Across 2025 to date the total is 1,97,831 vehicles, +58.2% on the same 11 months a year earlier.
Where does Ather Energy rank in November 2025?
14th among every manufacturer registering vehicles in India in November 2025, with 0.6% of all registrations that month. The ranking counts a company's total across every vehicle type it sells, which is the finest manufacturer split our Vahan data holds with a month axis.
What does Ather Energy mostly sell?
100.00% of Ather Energy's 2025 registrations are two-wheelers. Our Vahan data holds that split for the calendar year rather than by month, so it is a year-to-date figure, not the volume inside one segment for one month.
How many of Ather Energy's vehicles are electric?
2,16,466 of Ather Energy's 2,16,466 registrations in 2025 are battery electric — 100.00% of its book.
Are these retail sales or factory dispatches?
Retail. Every figure on this page is a vehicle registration recorded on the Ministry of Road Transport and Highways' Vahan 4 dashboard — a vehicle counts when a buyer registers it at an RTO. Manufacturers announce wholesale dispatches to dealers each month, which is a different and usually larger number.

Ather Energy sales, earlier months

More from the reports desk

Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.

Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.

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