TVS Motor Dominates November E2W Sales as Ola Electric Faces Significant Decline
TVS Motor regained the top spot in November 2025 with a 25.92% share of the electric two-wheeler market.
TVS Motor regained the top spot in November 2025 with a 25.92% share of the electric two-wheeler market.
Ola Electric’s revenue fell 47% in Q2 FY26, while losses widened by 23.3% to Rs 418 crore.
Bajaj Auto emerged as the leading E2W seller in October 2025, capturing a 21.69% market share.
Ola Electric plans to raise Rs 1,500 crore to boost expansion amid organizational restructuring.
Ola Electric's CEO Bhavish Aggarwal faces allegations related to an employee's suicide in Bengaluru.
TVS Motor led the E2W market in September with a 21.6% share, while Ola Electric slipped to fourth.
TVS Motor retained its leadership in the electric two-wheeler segment in August, securing a 23.09% share.
Ola Electric’s revenue from operations decreased by 49.6% to Rs 824 crore in Q1 FY26, down sharply.
TVS Motor Company extended its lead in the E2W segment with 25,274 units, marking an 80% year-on-year increase.