Electric Two-Wheeler Sales August 2025: TVS Motor Leads With 23.4% Share
Every electric two-wheeler registered in India in August 2025, brand by brand: volumes, market share inside the segment, month-on-month and year-on-year change, and who gained or lost share.
How August went
India registered 1,09,673 electric two-wheelers in August 2025, +17.4% on August 2024 and +1.1% on July.
Across the 8 completed months of 2025 to August, 8,51,796 electric two-wheelers have been registered, +10.8% on the same months of 2024.
Electric two-wheelers were 7.7% of every two-wheeler registered in August 2025, against 6.7% in August 2024 (+1.0pp).
Monthly electric two-wheeler registrations, 2024–2026
One line per calendar year. A month still filling is left off the line.
Electric Two-Wheeler market share, August 2025
TVS Motor led the month with 25,646 registrations — 23.4% of the electric two-wheeler market — ahead of Ather Energy on 19,469 (17.8%), a gap of 6,177 units. TVS Motor also led July.
Hero MotoCorp has gained the most share against August 2024, +7.20pp to 12.6%; Ola Electric has lost the most, −12.97pp to 17.7%.
The top three hold 58.9% of the segment; 122 manufacturers registered at least one electric two-wheeler.
Top 10 electric two-wheeler makers, August 2025
Electric two-wheeler registrations only — every other vehicle type these companies make is excluded.
Share is of every electric two-wheeler registered in the month. MoM and YoY compare each maker's own volume; the last column is its change in share of the segment.
| # | Manufacturer | Aug 2025 | Share | MoM | YoY | Share vs Aug 2024 |
|---|---|---|---|---|---|---|
| 1 | TVS Motor | 25,646 | 23.4% | +8.7% | +36.9% | +3.33pp |
| 2 | Ather Energy | 19,469 | 17.8% | +9.2% | +66.4% | +5.23pp |
| 3 | Ola Electric | 19,464 | 17.7% | +5.5% | −32.2% | −12.97pp |
| 4 | Hero MotoCorp | 13,769 | 12.6% | +27.1% | +175.3% | +7.20pp |
| 5 | Bajaj Auto | 12,246 | 11.2% | −40.4% | −29.4% | −7.40pp |
| 6 | Greaves Electric | 4,567 | 4.2% | +7.1% | +56.5% | +1.04pp |
| 7 | River Mobility | 1,903 | 1.7% | +13.3% | +403.4% | +1.33pp |
| 8 | PURE EV (PuR) | 1,793 | 1.6% | +5.3% | +478.4% | +1.30pp |
| 9 | BGauss | 1,729 | 1.6% | −1.9% | +52.5% | +0.36pp |
| 10 | Kinetic Green | 1,529 | 1.4% | +23.3% | +282.2% | +0.97pp |
| 11 | E-Sprinto Green Energy | 1,219 | 1.1% | +19.5% | +418.7% | +0.86pp |
| 12 | Revolt Motors | 1,088 | 1.0% | +30.1% | +48.0% | +0.21pp |
| 13 | Simpleenergy | 735 | 0.7% | +43.0% | +3768.4% | +0.65pp |
| 14 | Bounce Electric 1 | 681 | 0.6% | +453.7% | −14.0% | −0.23pp |
| 15 | Lectrix E Vehicles | 480 | 0.4% | −9.6% | +98.3% | +0.18pp |
| All others (107 makers) | 3,355 | 3.1% |
Exact: Vahan's maker x month table filtered to battery-electric fuels (PURE EV, ELECTRIC(BOV)) and the segment's vehicle classes — not a company total multiplied by anything.
Who is gaining
Monthly share of the electric two-wheeler market for the six largest makers this month, over the last 15 completed months.
Electric Two-Wheeler market share by month
Share of the segment each month, in per cent.
Market share, 2025 to August
The same table over 2025 to August, set against the same months of 2024.
| # | Manufacturer | Units | Share | vs 2024 | Volume YoY |
|---|---|---|---|---|---|
| 1 | TVS Motor | 2,00,944 | 23.59% | +5.61pp | +45.3% |
| 2 | Bajaj Auto | 1,80,209 | 21.16% | +7.42pp | +70.7% |
| 3 | Ola Electric | 1,55,951 | 18.31% | −22.59pp | −50.4% |
| 4 | Ather Energy | 1,25,758 | 14.76% | +4.42pp | +58.2% |
| 5 | Hero MotoCorp | 58,982 | 6.92% | +3.70pp | +137.6% |
| 6 | Greaves Electric | 34,862 | 4.09% | +1.30pp | +62.3% |
| 7 | BGauss | 14,068 | 1.65% | −0.03pp | +9.1% |
| 8 | PURE EV (PuR) | 12,760 | 1.50% | +1.02pp | +247.2% |
| 9 | River Mobility | 9,180 | 1.08% | +0.87pp | +488.5% |
| 10 | Kinetic Green | 8,493 | 1.00% | −0.05pp | +5.4% |
| 11 | Revolt Motors | 7,499 | 0.88% | +0.17pp | +37.4% |
| 12 | E-Sprinto Green Energy | 4,450 | 0.52% | +0.45pp | +686.2% |
| 13 | Lectrix E Vehicles | 3,596 | 0.42% | +0.05pp | +25.1% |
| 14 | Wardwizard Innovations & Mobility | 3,488 | 0.41% | −0.61pp | −55.5% |
| 15 | Simpleenergy | 3,436 | 0.40% | +0.33pp | +478.5% |
How electric are two-wheelers?
The battery-electric share of all two-wheelers registered each month — the adoption curve behind the brand race above.
EV share of two-wheelers by month
Battery-electric registrations as a per cent of the whole segment.
How electric is each two-wheeler maker?
Every two-wheeler maker's August 2025 volume, split into battery-electric and everything else (petrol and CNG). Leave the EVs out and Honda 2W (HMSI) leads the non-electric two-wheelers market with 28.2%.
Among the established makers, TVS Motor has gone furthest: 9.1% of its two-wheelers were electric.
| # | Manufacturer | All two-wheelers | Electric | Non-EV | EV share of its sales | Share of non-EV market |
|---|---|---|---|---|---|---|
| 1 | Honda 2W (HMSI) | 3,72,873 | 420 | 3,72,453 | 0.1% | 28.2% |
| 2 | Hero MotoCorp | 3,49,034 | 13,769 | 3,35,265 | 3.9% | 25.3% |
| 3 | TVS Motor | 2,82,346 | 25,646 | 2,56,700 | 9.1% | 19.4% |
| 4 | Bajaj Auto | 1,36,334 | 12,246 | 1,24,088 | 9.0% | 9.4% |
| 5 | Suzuki 2W | 96,185 | 0 | 96,185 | 0.0% | 7.3% |
| 6 | Royal Enfield | 76,508 | 0 | 76,508 | 0.0% | 5.8% |
| 7 | Yamaha India | 55,175 | 0 | 55,175 | 0.0% | 4.2% |
| 8 | Ather Energy | 19,469 | 19,469 | 0 | 100.0% | — |
| 9 | Ola Electric | 19,464 | 19,464 | 0 | 100.0% | — |
| 10 | Greaves Electric | 4,567 | 4,567 | 0 | 100.0% | — |
| 11 | Piaggio | 2,900 | 0 | 2,900 | 0.0% | 0.2% |
| 12 | Classic Legends | 2,651 | 0 | 2,651 | 0.0% | 0.2% |
| 13 | River Mobility | 1,903 | 1,903 | 0 | 100.0% | — |
| 14 | PURE EV (PuR) | 1,793 | 1,793 | 0 | 100.0% | — |
| 15 | BGauss | 1,729 | 1,729 | 0 | 100.0% | — |
All two-wheelers: Vahan maker x month for the segment's vehicle classes, every fuel. Electric: the same table, battery-electric fuels only. Non-EV is the difference — petrol and CNG.
Where they sell
Maharashtra registered the most electric two-wheelers in August 2025 — 16,357, 14.9% of the national total. Karnataka (15,606) and Tamil Nadu (10,873) followed.
| # | State | Units | Share | YoY |
|---|---|---|---|---|
| 1 | Maharashtra | 16,357 | 14.9% | +11.9% |
| 2 | Karnataka | 15,606 | 14.2% | +26.3% |
| 3 | Tamil Nadu | 10,873 | 9.9% | +8.8% |
| 4 | Uttar Pradesh | 8,717 | 7.9% | +16.4% |
| 5 | Kerala | 8,403 | 7.7% | +51.4% |
| 6 | Madhya Pradesh | 7,305 | 6.7% | +61.0% |
| 7 | Rajasthan | 6,305 | 5.7% | +13.0% |
| 8 | Gujarat | 4,942 | 4.5% | +1.8% |
| 9 | Odisha | 4,862 | 4.4% | +6.3% |
| 10 | Telangana | 4,540 | 4.1% | +4.6% |
| 11 | Delhi | 4,464 | 4.1% | +72.7% |
| 12 | Andhra Pradesh | 3,792 | 3.5% | +32.4% |
Frequently asked questions
How many electric two-wheelers were sold in India in August 2025?
Which company sold the most electric two-wheelers in August 2025?
What is the electric two-wheeler market share of each brand?
What share of two-wheelers sold in India are electric?
Which state buys the most electric two-wheelers?
How are these numbers measured?
Electric Two-Wheeler 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.
