Electric Two-Wheeler Sales November 2026: TVS Motor Leads, 207 Units So Far
Electric two-wheeler registrations for November 2026, month to date — who is leading, each brand's market share inside the electric two-wheeler segment, and how it compares with October.
Live. November 2026 is still in progress — this page grows as new registrations are published.
November so far
207 electric two-wheelers have been registered in India in November 2026 so far. The figure is a running total that rises as Vahan publishes registrations, so it is not set against a finished month here.
For scale, October finished at 2,23,847 and November 2025 at 1,24,976.
Across the 10 completed months of 2026 to October, 17,96,119 electric two-wheelers have been registered, +61.4% on the same months of 2025.
Electric two-wheelers were 13.0% of every two-wheeler registered in November 2026 so far, against 4.7% in November 2025 (+8.3pp).
Monthly electric two-wheeler registrations, 2023–2026
One line per calendar year. The dashed end of the current year is the month so far.
Electric Two-Wheeler market share, November 2026
TVS Motor leads so far with 50 registrations — 24.2% of the electric two-wheeler market — ahead of Bajaj Auto on 45 (21.7%), a gap of 5 units. TVS Motor also led October.
River Mobility has gained the most share against November 2025, +6.08pp to 7.7%; Ola Electric has lost the most, −2.29pp to 4.8%.
The top three hold 63.3% of the segment so far this month; 15 manufacturers registered at least one electric two-wheeler.
Top 10 electric two-wheeler makers, November 2026 so far
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. A running month is not set against a finished one, so volume changes appear once it closes; share moves are shown against October's final table.
| # | Manufacturer | Nov so far | Share | Share vs Oct |
|---|---|---|---|---|
| 1 | TVS Motor | 50 | 24.2% | −2.84pp |
| 2 | Bajaj Auto | 45 | 21.7% | −0.18pp |
| 3 | Ather Energy | 36 | 17.4% | +3.19pp |
| 4 | Hero MotoCorp | 26 | 12.6% | −0.80pp |
| 5 | River Mobility | 16 | 7.7% | +4.69pp |
| 6 | Ola Electric | 10 | 4.8% | −0.57pp |
| 7 | Greaves Electric | 6 | 2.9% | −1.94pp |
| 8 | BGauss | 5 | 2.4% | −0.07pp |
| 9 | Honda 2W (HMSI) | 4 | 1.9% | +1.42pp |
| 10 | Quantum Energy | 2 | 1.0% | +0.79pp |
| 11 | Simpleenergy | 2 | 1.0% | +0.29pp |
| 12 | Suzuki 2W | 2 | 1.0% | +0.72pp |
| 13 | Hsu Dragon (Importer: Bmr Electric) | 1 | 0.5% | +0.47pp |
| 14 | Kinetic Green | 1 | 0.5% | +0.16pp |
| 15 | Klb Komaki | 1 | 0.5% | +0.30pp |
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, 2026 to October
The same table over 2026 to October, set against the same months of 2025.
| # | Manufacturer | Units | Share | vs 2025 | Volume YoY |
|---|---|---|---|---|---|
| 1 | TVS Motor | 4,71,976 | 26.28% | +3.27pp | +84.4% |
| 2 | Bajaj Auto | 4,03,462 | 22.46% | +1.53pp | +73.2% |
| 3 | Ather Energy | 2,93,846 | 16.36% | +0.57pp | +67.3% |
| 4 | Hero MotoCorp | 2,02,616 | 11.28% | +3.30pp | +128.3% |
| 5 | Ola Electric | 1,20,028 | 6.68% | −10.06pp | −35.6% |
| 6 | Greaves Electric | 82,732 | 4.61% | +0.39pp | +76.2% |
| 7 | River Mobility | 45,633 | 2.54% | +1.38pp | +253.8% |
| 8 | BGauss | 40,724 | 2.27% | +0.50pp | +107.0% |
| 9 | Simpleenergy | 13,339 | 0.74% | +0.28pp | +158.0% |
| 10 | E-Sprinto Green Energy | 12,918 | 0.72% | +0.14pp | +101.2% |
| 11 | Bounce Electric 1 | 10,317 | 0.57% | +0.24pp | +173.2% |
| 12 | Revolt Motors | 9,841 | 0.55% | −0.31pp | +2.9% |
| 13 | Lectrix E Vehicles | 9,230 | 0.51% | +0.10pp | +101.9% |
| 14 | Motovolt Mobility | 7,938 | 0.44% | +0.26pp | +281.8% |
| 15 | Oben Electric Vehicles | 6,885 | 0.38% | +0.14pp | +157.2% |
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. The dashed end of the current year is the month so far.
How electric is each two-wheeler maker?
Every two-wheeler maker's November 2026 so far volume, split into battery-electric and everything else (petrol and CNG). Leave the EVs out and Hero MotoCorp leads the non-electric two-wheelers market with 28.1%.
Among the established makers, Bajaj Auto has gone furthest: 32.8% of its two-wheelers were electric.
| # | Manufacturer | All two-wheelers | Electric | Non-EV | EV share of its sales | Share of non-EV market |
|---|---|---|---|---|---|---|
| 1 | Hero MotoCorp | 414 | 26 | 388 | 6.3% | 28.1% |
| 2 | Honda 2W (HMSI) | 368 | 4 | 364 | 1.1% | 26.4% |
| 3 | TVS Motor | 304 | 50 | 254 | 16.4% | 18.4% |
| 4 | Suzuki 2W | 169 | 2 | 167 | 1.2% | 12.1% |
| 5 | Bajaj Auto | 137 | 45 | 92 | 32.8% | 6.7% |
| 6 | Royal Enfield | 61 | 0 | 61 | 0.0% | 4.4% |
| 7 | Yamaha India | 42 | 0 | 42 | 0.0% | 3.0% |
| 8 | Ather Energy | 36 | 36 | 0 | 100.0% | — |
| 9 | River Mobility | 16 | 16 | 0 | 100.0% | — |
| 10 | Ola Electric | 10 | 10 | 0 | 100.0% | — |
| 11 | Piaggio | 8 | 0 | 8 | 0.0% | 0.6% |
| 12 | Greaves Electric | 6 | 6 | 0 | 100.0% | — |
| 13 | BGauss | 5 | 5 | 0 | 100.0% | — |
| 14 | BMW India | 2 | 0 | 2 | 0.0% | 0.1% |
| 15 | Classic Legends | 2 | 0 | 2 | 0.0% | 0.1% |
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
Andhra Pradesh registered the most electric two-wheelers in November 2026 so far — 106, 51.2% of the national total. Odisha (38) and Telangana (28) followed.
| # | State | Units | Share |
|---|---|---|---|
| 1 | Andhra Pradesh | 106 | 51.2% |
| 2 | Odisha | 38 | 18.4% |
| 3 | Telangana | 28 | 13.5% |
| 4 | Gujarat | 12 | 5.8% |
| 5 | Kerala | 12 | 5.8% |
| 6 | Madhya Pradesh | 8 | 3.9% |
| 7 | Uttar Pradesh | 2 | 1.0% |
| 8 | Jammu And Kashmir | 1 | 0.5% |
Frequently asked questions
How many electric two-wheelers were sold in India in November 2026?
Which company sold the most electric two-wheelers in November 2026?
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 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. A free, auto-updating electric two-wheeler sales widget can go on any website.
