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Top 6 Electric 2W Brands in August 2026 Sales

Top 6 Electric 2W Brands in August 2026 Sales
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TVS Leads India’s Electric 2W Market

TVS Leads India’s Electric 2W Market: TVS Motor retained the top position in India’s electric two-wheeler market in August 2026, selling 48,873 units, up 91% year-on-year. The company held a 27% market share, with the iQube and Orbiter driving sales. Despite an 12% monthly decline from July, TVS continues to dominate the growing electric scooter segment. 

Bajaj Chetak Holds Second Position

Bajaj Chetak Holds Second Position: Bajaj Auto remained the second-largest electric two-wheeler manufacturer in August, recording 41,019 retail sales. The Chetak maker registered a sharp 235% year-on-year increase, although the comparison was affected by supply-chain disruptions in August 2025. Bajaj has also crossed 300,000 electric two-wheeler sales during the first eight months of 2026. 

Ather Strengthens Its Market Position

Ather Strengthens Its Market Position: Ather Energy sold 28,708 electric scooters in August 2026, marking 49% year-on-year growth. The company held a 16% monthly market share and remained firmly in third place. Ather’s growing sales come as it expands beyond its established 450 range and Rizta lineup, while its newly launched Konarc targets a wider, more price-conscious customer base. 

Vida Continues Its Strong Growth

Vida Continues Its Strong Growth: Hero MotoCorp’s Vida brand recorded 18,978 electric two-wheeler sales in August, securing fourth place with a 10% market share. Sales increased 38% year-on-year, supported by demand for the Vida VX2 Go and Plus models. The brand’s battery-as-a-service option has also helped lower the upfront ownership cost and broaden its appeal among electric scooter buyers. 

Ola Electric Remains In The Top Five

Ola Electric Remains In The Top Five: Ola Electric sold 13,849 electric two-wheelers in August 2026, placing fifth among India’s leading manufacturers. Sales declined 29% year-on-year, while its market share stood at 8%. Ola’s January-August sales reached 94,307 units, down 39% from the corresponding period last year, highlighting the changing competitive landscape in India’s electric two-wheeler market. 

Greaves Electric Mobility Enters The Top Six

Greaves Electric Mobility Enters The Top Six: Greaves Electric Mobility, which sells Ampere electric scooters, ranked sixth in August with 8,612 units. Sales jumped 89% year-on-year, giving the company a 5% market share. Its portfolio includes the Nexus and Magnus range, while newer products such as the Magnus Neo and upgraded Magnus G Max are helping the brand compete in India’s rapidly expanding electric scooter market. 

Electric 2W Market Heads Towards A Record Year

Electric 2W Market Heads Towards A Record Year: India’s electric two-wheeler market recorded 182,936 retail sales in August 2026, taking January-August sales to 1.36 million units. The segment is now on course to cross two million annual sales for the first time. With TVS, Bajaj, Ather and Vida controlling 75% of August sales, competition is expected to intensify during the upcoming festive season. 

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