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    January 2026 EV 2 Wheeler Sales : TVS Lead, Ola Electric in Struggle

    3 days ago

    Strong 19% MoM Growth Signals Rapid EV Adoption

    India’s electric two-wheeler market started 2026 on a strong note. According to the latest sales data, total electric two-wheeler sales in January 2026 stood at 1,16,849 units, compared to 97,989 units in December 2025, registering a solid month-on-month (MoM) growth of 19%.

    This sharp rise reflects growing consumer confidence in electric mobility, improved charging infrastructure, and a wider range of electric scooters and motorcycles across price segments.


    Overall Market Snapshot – January 2026

    • Total Sales (Jan 2026): 1,16,849 units
    • Total Sales (Dec 2025): 97,989 units
    • MoM Growth: +19%
    • Market Trend: Strong recovery after year-end slowdown

    1. TVS Motor Company – Market Leader

    December 2025: 25,214 units

    January 2026: 33,296 units

    MoM Growth: +32.05%

    Market Share: 28.49%

    TVS Motor Company emerged as the largest electric two-wheeler manufacturer in January 2026. With over 33,000 units sold, TVS alone accounted for nearly one-third of India’s total EV two-wheeler sales.

    Its leadership is driven by strong brand trust, consistent product quality, and a vast dealership and service network.


    2. Bajaj Auto – Strong Growth Momentum

    December 2025: 18,943 units

    January 2026: 24,211 units

    MoM Growth: +27.81%

    Market Share: 20.72%

    Bajaj Auto recorded an impressive growth rate, firmly securing the second position in the EV two-wheeler market. The brand continues to attract buyers looking for durability, premium feel, and strong resale value.


    3. Ather Energy – Premium EV Specialist

    December 2025: 17,204 units

    January 2026: 20,786 units

    MoM Growth: +20.82%

    Market Share: 17.79%

    Ather Energy maintained its position as India’s leading premium electric scooter brand. The company crossed the 20,000-unit mark, reflecting sustained demand for high-performance EVs with smart features.


    4. Hero MotoCorp – Stable and Consistent Growth

    December 2025: 10,763 units

    January 2026: 12,608 units

    MoM Growth: +17.14%

    Market Share: 10.79%

    Hero MotoCorp benefits from deep penetration in semi-urban and rural markets.


    5. Ola Electric – Temporary Market Correction

    December 2025: 9,027 units

    January 2026: 7,221 units

    MoM Growth: –20.01%

    Market Share: 6.18%

    Ola Electric was the only major brand to witness a sharp decline in January. This drop may be attributed to inventory adjustments and increasing competition.


    6. Greaves Electric Mobility – Gradual Improvement

    December 2025: 4,755 units

    January 2026: 5,161 units

    MoM Growth: +8.54%

    Market Share: 4.42%

    Greaves Electric Mobility recorded moderate growth, indicating stable demand in the value-focused EV segment.


    7. BGauss Auto – Niche Market Growth

    December 2025: 2,189 units

    January 2026: 2,259 units

    MoM Growth: +3.20%

    Market Share: 1.93%

    BGauss Auto continues to grow steadily, targeting urban buyers looking for affordable electric scooters.


    8. River Mobility – Fastest Growing Brand

    December 2025: 1,819 units

    January 2026: 2,487 units

    MoM Growth: +36.72%

    Market Share: 2.13%

    River Mobility recorded the highest MoM growth among all manufacturers, highlighting rising interest in new-age EV brands.


    9. Pure EV – Slight Decline

    December 2025: 665 units

    January 2026: 631 units

    MoM Growth: –5.11%

    Market Share: 0.54%

    Pure EV experienced a marginal decline, reflecting intense competition in the budget electric scooter segment.


    10. Revolt – Positive Recovery Signs

    December 2025: 525 units

    January 2026: 629 units

    MoM Growth: +19.81%

    Market Share: 0.54%

    Revolt showed encouraging recovery, indicating growing interest in electric motorcycles in India.


    Should You Buy an Electric Two-Wheeler in 2026?

    Based on January 2026 sales data and overall market trends, the answer is YES — for most urban and semi-urban users. Electric two-wheelers are no longer an experimental choice; they have become a practical and financially sensible option.

    Why 2026 Is a Good Time to Buy an Electric Two-Wheeler

    • Strong Market Growth: A 19% MoM growth shows rising consumer trust in EV technology.
    • Lower Running Cost: Electricity cost per km is significantly cheaper than petrol.
    • Improved Product Quality: Established brands now offer better batteries, software stability, and safety.
    • Wide Brand Choice: Buyers can choose from budget, mid-range, and premium electric models.
    • Urban-Friendly: Ideal for daily commuting, short trips, and traffic-heavy cities.

    When You Should Think Twice

    • If your daily running is very low and petrol cost is not a concern
    • If charging access at home or work is not available
    • If you frequently travel long highway distances

    Final Verdict

    In 2026, electric two-wheelers make complete sense for city commuters, office-goers, and delivery users. With improving infrastructure, better resale confidence, and increasing fuel prices, EVs offer long-term value.

    However, choosing the right brand, battery warranty, and service network is crucial. Buyers should focus on reliability and after-sales support rather than just price.

    Overall, the January 2026 sales numbers clearly indicate that electric two-wheelers are no longer the future — they are the present of Indian mobility.

    Conclusion

    January 2026 confirms that India’s electric two-wheeler market is entering a more mature and competitive phase. With strong MoM growth of 19%, EVs are rapidly becoming a mainstream mobility choice.

    Market leaders continue to consolidate their positions, while emerging players prove that innovation and differentiation can still drive growth in 2026.

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