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TVS Continues to Dominate the EV Market in July as Ola Electric and Ather Experience Declining Sales

Akash Das by Akash Das
August 1, 2026
in News
0
TVS Continues to Dominate the EV Market in July as Ola Electric and Ather Experience Declining Sales
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EV Two-Wheeler Registrations in India – July 2026 Report

Highlights

  • 1 EV Two-Wheeler Registrations in India – July 2026 Report
    • 1.1 Market Leaders in July
      • 1.1.1 Bajaj Auto’s Performance
      • 1.1.2 Ather Energy’s Position
      • 1.1.3 Hero MotoCorp’s Rankings
      • 1.1.4 Ola Electric’s Setback
    • 1.2 Other Noteworthy Performers
      • 1.2.1 Fastest-Growing Players
      • 1.2.2 Other Contributors

EV Two-Wheeler Registrations in India – July 2026 Report

EV two-wheeler registrations in India exceeded 1.93 lakh in July 2026. TVS Motor solidified its position at the top by surpassing 50,000 registrations, while Ola Electric and Ather Energy experienced a decline in their sales.

Market Leaders in July

According to the recent Vahan data, TVS Motor dominated the EV two-wheeler market with 52,538 registrations in July, securing a market share of 27.15%. The company achieved a month-on-month growth of 10.8%, adding 5,125 registrations compared to June.

Bajaj Auto’s Performance

Bajaj Auto held onto the second position with 43,607 registrations and a market share of 22.53% in July. The registrations saw a slight increase from 43,504 units in June.

Ather Energy’s Position

Ather Energy maintained third place with 28,819 registrations and a market share of 14.89% in July. However, the company faced an 8.3% decline month-on-month, losing 2,616 registrations compared to June.

Hero MotoCorp’s Rankings

Hero MotoCorp ranked fourth with 21,174 registrations, achieving a market share of 10.94% in July. The company reported a modest decline of 3.3% from the previous month.

Ola Electric’s Setback

Ola Electric fell to fifth place with 13,170 registrations and a market share of 6.80% in July. The company faced a significant drop, with sales decreasing 19% month on month, translating to a loss of 3,079 units from 16,249 registrations in June.

Other Noteworthy Performers

Greaves Electric Mobility followed with 9,701 registrations and a 5.01% market share, also experiencing a sales drop of 11.3% compared to June.

Fastest-Growing Players

Among the rapidly growing companies in the top 10, BGauss reported the highest month-on-month growth at 33.9%, with registrations reaching 5,324 units. River Mobility also showed a notable increase of 24.8%, climbing to 5,554 units.

Other Contributors

Simple Energy recorded an 11.2% month-on-month growth, reaching 1,532 registrations in July. Lectrix EV successfully entered the top 10, increasing its registrations by 22.8% over June to reach 1,335 units.


Tags: Ather EnergyOla ElectricTVS Motor
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Akash Das

Akash Das

Hi, I’m Akash, an entrepreneur, tech enthusiast, digital marketer, and content creator on a mission to inspire innovation and drive transformation through technology and creativity.My expertise extends to digital marketing, where I craft data-driven strategies for SEO, social media, and branding to empower businesses and creators to grow their online presence. Alongside my entrepreneurial journey, I share my insights and discoveries through engaging blogs, tutorials, and YouTube content.

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