Archive · 1 Aug 2025
EV Two-Wheeler Registrations Decline in July
The electric scooter market is showing mixed results.
Overall sales dipped in July.
While TVS is still the leader, its sales, along with Bajaj and Ola, went down.
However, Ather and Hero grew their sales.
These changes could be due to problems getting key parts like magnets.
Overall electric two-wheeler registrations decreased in July.
TVS Motor led in July registrations but saw a decline.
Bajaj Auto and Ola Electric also experienced registration drops.
Ather Energy and Hero MotoCorp saw increases in July registrations.
The industry faces challenges with magnet availability.
- Who
- TVS Motor, Bajaj Auto, Ola Electric, Ather Energy, Hero MotoCorp, and Greaves Electric.
- What
- Electric two-wheeler registrations declined in July, with varying performances among brands.
- When
- July 2025
- Where
- India's electric two-wheeler market.
- Why
- Magnet availability issues impact the market.
Market Challenges
Positive Developments
Supply Chain Issues
Market Challenges
TVS Motor is facing challenges in the short to medium term due to magnet availability.
Positive Developments
Ather Energy is experiencing growth.
Market Performance
Market Challenges
Overall EV Sales Declining
Positive Developments
Hero MotoCorp saw growth in July registrations.
- Overall e2W Registrations (July)
- 88,882 units
- TVS Motor July Registrations
- 20,220 units
- Bajaj Auto July Registrations
- 19,569 units
- Ola Electric July Registrations
- 16,807 units
- Ather Energy July Registrations
- 11,975 units
- Hero MotoCorp July Registrations
- 10,477 units
Sources
Ola Electric’s market share halves, July sales plunge over 57 per cent
Ola Electric Sees Steep 57.29% Drop From Last Year's Sales
TVS Motor takes the top spot in EV two-wheeler registrations in July
Two-wheeler EV sales skid for first time in FY26 in July, legacy cos retain lead