TVS Dethrones Ola Electric as India's Top E-2W Maker in CY25

TVS recorded a 35 per cent increase in electric two-wheeler sales to 298,881 units during the year.

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Storyboard•08-01-2026, 17:13

TVS Dethrones Ola Electric as India's Top E-2W Maker in CY25

•TVS Motor surpassed Ola Electric to become India's largest electric two-wheeler manufacturer for the first time in CY25.
•TVS's electric two-wheeler sales surged 35% to 298,881 units, significantly outpacing competitors.
•Ola Electric's sales dropped 51% to 199,318 units, pushing it to fourth position in the market.
•Overall electric two-wheeler sales in India grew 11.4% year-on-year to 1,279,951 units in CY25.
•Bajaj Auto and Ather Energy secured second and third positions with 269,847 and 200,797 units respectively.

Why It Matters: TVS leads India's electric two-wheeler market in CY25, as Ola Electric's sales decline.

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