Electric Two-Wheeler Sales Cross 1 Million Mark In First Half Of 2026

Retail registrations for electric two-wheelers crossed 5 lakh units in Q2 2026 alone.

The Bottom Line

•Electric two-wheeler sales topped 1 million units in H1 2026, showing 54% year-on-year growth.
•Consumers are increasingly choosing electric options due to rising fuel costs and better product availability.

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[Record Sales]:

India's electric two-wheeler market reached a major milestone by surpassing 1 million unit sales between January 1 and July 6, 2026. A total of 1,005,279 electric scooters, motorcycles, and mopeds were sold, representing a 54% year-on-year growth compared to the 654,592 units recorded during the same period in 2025.

[Quarterly Surge]:

The second quarter of 2026 saw retail registrations exceed 5 lakh units for the first time, reaching 523,548 units—a 68% increase over the previous year. Electric two-wheelers now dominate the EV landscape, accounting for nearly 63% of all electric vehicle sales in Q2 2026, driven by a wider array of product choices and rising fuel costs.

[Market Leaders]:

TVS Motor Company led the segment with 130,662 units sold in Q2, followed by Bajaj Auto with 117,581 units and Ather Energy with 88,465 units. Hero Motocorp and Ola Electric followed with 57,062 and 43,846 units respectively. This rapid adoption reflects a fundamental shift in consumer preference toward electric mobility as charging infrastructure improves and the total cost of ownership becomes increasingly competitive against traditional internal combustion engine vehicles.

Pulse Intelligence

^{Context & Impact}

Context & Background

Electric two-wheeler sales in the first half of 2025 totaled 654,592 units.
Rising fuel prices have been a consistent driver for consumer shifts toward electric two-wheelers.
The market has seen a significant expansion in product variety from major manufacturers like TVS and Bajaj.

Key Consequences

Increased sales volume will likely accelerate the expansion of charging infrastructure across urban centers.
Competition among top players will intensify as they vie for market share in the growing EV segment.
Supply chain demand for batteries and electric components will continue to rise throughout the remainder of 2026.

Market & Economic Impact

Not applicable.

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