Archive · 29 Jun 2025
TVS Motor Leads Electric Two-Wheeler Market Amidst Supply Concerns
Imagine electric scooters are like a race.
TVS Motor is currently winning, selling the most scooters in June.
They have a 25% share of the market, with Bajaj Auto following closely behind.
But there's a problem: China is limiting the export of important parts needed to make these scooters.
This could slow down production for everyone.
Several companies like Ola Electric and Ather are also selling electric scooters.
Hero MotoCorp plans to release a new, cheaper scooter soon to try and grab a bigger slice of the market.
TVS Motor leads electric two-wheeler sales in June with 23,472 units.
Bajaj Auto, Ola Electric, and Ather are in the top four.
China's rare earth export restrictions may threaten EV production.
Hero MotoCorp is launching the VX2 e-scooter on July 1.
TVS has more than doubled sales in the current quarter.
- Who
- TVS Motor, Bajaj Auto, Ola Electric, Ather, and Hero MotoCorp are major players in the electric two-wheeler market.
- What
- TVS Motor leads in electric two-wheeler sales, but production could be impacted by Chinese export restrictions.
- When
- Sales data is for June, and the VX2 e-scooter launches on July 1.
- Where
- The companies are based in Chennai, Pune, Bengaluru, and other locations.
- Why
- China's export restrictions on rare earth magnets threaten production of EVs.
Concerned Parties
Chinese Export Restrictions
Impact of China's Rare Earth Export Curbs
Concerned Parties
Industry bodies like SIAM and ACMA are in talks with the government.
Chinese Export Restrictions
The Chinese restrictions pose a challenge to electric vehicle production.
- TVS Motor June Sales
- 23,472 units
- TVS Market Share
- 25%
- Bajaj Auto Market Share
- 22%
- Ola Electric Market Share
- 18%
- Ather Market Share
- 14%
- Hero MotoCorp Market Share
- 7%
- VX2 Launch Date
- July 1