Archive · 2 Jul 2025
TVS Leads Electric Two-Wheeler Market, Bajaj Gains Ground
The electric two-wheeler market in India is seeing big changes!
TVS Motor's iQube is the top seller, beating out other companies.
Bajaj Auto is in second place, with big sales increases.
Ola Electric, which used to be a leader, is now in third.
These changes show that established companies are doing well in the electric vehicle world, while other startups are facing challenges.
The market is growing fast, with TVS and Bajaj gaining a large part of the market share.
TVS Motor's iQube leads the electric two-wheeler market for three months.
TVS Motor's iQube sales jumped 80% year-on-year in June 2025.
Bajaj Auto holds the second position with a 154% year-on-year increase in sales.
Ola Electric experienced a 45% drop year-on-year.
TVS and Bajaj together hold around 46% of the market share.
- Who
- TVS Motor, Bajaj Auto, Ola Electric, Ather Energy, and Hero MotoCorp.
- What
- TVS Motor leads the electric two-wheeler market.
- When
- June 2025.
- Where
- India.
- Why
- Due to updated products and changing market dynamics.
Market Dominance
Sales Drop
Sales Performance
Market Dominance
TVS is leading the electric two-wheeler market
Sales Drop
Ola Electric sales are decreasing
- Market Growth in June
- 32%
- TVS Market Share
- 24%
- Bajaj Sales Increase (YoY)
- 154%
- Ola Electric Drop (YoY)
- 45%
- TVS & Bajaj Market Share
- 46%
Sources
Ola Electric sales crash 45 pc in June, market share plunges to 19 pc
Ola Electric stock crashes to new low, drops 51% in 2025 so far
Olectra Greentech shares rise 4%; still down 18% year to date; what's next?
Ola Electric sales at 60k units in Q1, sees sustained demand recovery in Q2
Hyundai Motor share price falls 5% in biggest intraday drop in 4 months after 12% decline in June sales
