Categories: Automobile

Electric scooter and bike sales cross 1 million units in 2026 so far

Electric two-wheeler sales in India have crossed the 1 million (10 lakh) mark as of July 6 this year. As per the latest data on the Vahan portal, a record 10,05,279 e-scooters, motorcycles and mopeds have been sold between January 1 and July 6, 2026, translating to 5,375 units per day. That’s a massive 54 percent year-on-year (YoY) growth from 6,54,592 units in the year-ago period.

Month	Units sold
January	1,29,265
February	1,18,408
March	1,99,393
April	1,57,619
May	1,72,530
June	1,94,186
July (till July 6, 2026)	33,878

As the six-month retail sales data table above depicts, 2026 opened with 1,29,265 units in January, with the figure dropping 8 percent month-on-month (MoM) in February (1,18,408 units). In March, retails jumped 68 percent MoM to 1,99,393 units – the highest monthly total yet for the industry. As a result, Q1 2026 registered YoY growth of 39 percent to 4,47,066 units from 3,21,520 units. Sales rose even higher to 5,24,335 units in Q2 2026, with 1,57,619 units in April (up 63 percent YoY), 1,72,530 units in May (up 64 percent) and 1,94,186 units in June (up 75 percent) – a 17 percent increase over Q1 and a 68 percent YoY jump from 3,12,070 units.

Retail sales of electric two-wheelers received a boost, particularly from the second half of May 2026, as fuel prices rose sharply, resulting in a fair number of two-wheeler buyers transitioning to EVs to save money. Starting May 15, oil marketing companies increased petrol prices four times in 10 days. So far, fuel prices remain unchanged (as of July 7), accelerating the shift to electric mobility across passenger and commercial vehicle segments.

Top brands on track to clock highest-ever annual sales

In the year to date, TVS, Bajaj Auto, Ather Energy and Vida have already surpassed 80 percent of their record 2025 sales.

The segment’s stellar growth this year is being driven by its top 10 movers and shakers, with the bulk of them set to register their highest calendar-year retail sales in 2026. Combined sales of these 10 OEMs, at 9,39,894 units, give them a 93 percent share of the 1 million units retailed to date, leaving the remaining 7 percent to be fought out by the other 16 players.

Rank	Company	Sales till date	% Market share
1	TVS	2,60,938	26
2	Bajaj	2,25,960	22
3	Ather	1,74,677	17
4	Vida (Hero)	1,09,306	11
5	Ola Electric	68,148	7
6	Greaves	45,240	5
7	River	22,490	2
8	BGauss	20,276	2
9	Simple	7,391	1
10	Revolt	5,468	1
	Total	9,39,894

Market leader TVS Motor Company has sold 2,60,938 iQube and Orbiter scooters till July 6, accounting for 26 percent of the 1 million units retailed. This total is already 83 percent of its 2025 figure of 3,15,085 units, which means the company is well set to surpass the 5 lakh units annual sales milestone for the first time in 2026.

Bajaj Auto, with 2,25,960 units and a 22 percent share, is the closest challenger to TVS. The manufacturer of the Chetak has achieved 81 percent of its 2025 sales (2,79,687 units). It should cross the 3 lakh units annual sales mark by mid-August and then go on to surpass 4 lakh unit sales by the end of the year. It will be achieving both these milestones for the first time in a calendar year.

Ather Energy, the firm No. 3, is also on a roll this year. The company has delivered 1,74,677 units between January 1 and July 6, giving it a 17 percent market share and constituting 81 percent of its 2025 sales (2,14,984 units). Given the strong growth momentum for its products, particularly the Rizta and the potential of its upcoming more affordable EL-platform-based models, Ather is likely to surpass 3.50 lakh units this year.

Hero MotoCorp (Vida) is, for the first time, set to achieve the 2 lakh-unit annual sales milestone for its EVs. The 1,09,306 e-scooters sold to date comprise 97 percent of its 2025 total (1,13,024 units) and give the company an 11 percent share.

Ola Electric has delivered 68,148 e-scooters and e-motorcycles in the first 187 days of this year, giving it a 7 percent share. However, this total is just 33 percent of its sales in 2025 (2,04,526 units). While annual sales are on the trajectory to cross the 1.25 lakh units mark this year, only a massive resurgence in demand for products from the former market leader could see it hit 1.50 lakh units, far fewer than the top three OEMs: TVS, Bajaj and Ather.

IPO-bound Greaves Electric Mobility, the manufacturer of Ampere e-scooters, has clocked retail sales of 45,240 units in the year to date, which is 78 percent of its 2025 sales (57,700 units) and gives it a 5 percent market share. GEM’s highest annual sales were in 2022 (80,000-plus including Ampere Vehicles).

Bengaluru-based River Mobility, which is witnessing growing demand for its sole product, the River Indie, has already hit a new annual sales high of 22,490 units. This is 5,470 units more than in 2025 (17,020 units) and should see the startup close in on the 50,000 mark in 2026. The company also manufactures the Yamaha EC-06, which is based on the Indie platform.

Eighth-ranked BGauss Auto sold 20,276 units between January and July 6, which is 80 percent of its 2025 sales (25,131 units) and gives it a 2 percent share of all-India electric two-wheeler sales to date.

Scooter maker Simple Energy has sold 7,391 units in the year to date, 763 units more than the 6,628 e-scooters it sold in 2025. Electric motorcycle manufacturer Revolt Motors, with 5,468 units, has achieved 50 percent of its 2025 sales of 11,018 units.

Given that the surging demand for electric scooters and motorcycles continues in the second half of this year, the industry is racing towards breaching the 2 million (20 lakh) annual sales milestone for the first time. Considering that e-two-wheelers constitute the largest segment of the EV industry, they will also help it achieve the 3 million-unit sales record this year.

Shubham Chaudhary