Top Electric Two-Wheeler Sales October 2026: TVS Leads with 60,433 Units, Market Hits Record High

2w ev oct2026

The electric two wheeler industry in India had a strong October with total retail registration volumes rising to 2.23 lakh units. There were clear changes in the top players compared to the September figures, where a couple of players showed massive growth while others saw significant declines. A large part of the sales were driven by the top 6 brands. Here are the rankings and comparisons of these top electric two wheeler brands:

Ranking: 1) TVS – 60433 units sold in October, up from 54404 units in September (11.1% MoM growth). 2) Bajaj Chetak – 49068 units sold in October, up from 48742 units in September (0.7% MoM growth). 3) Ather Energy – 31796 units sold in October, up from 30945 units in September (2.8% MoM growth). 4) VIDA (Hero MotoCorp) – 29936 units sold in October, up from 24441 units in September (22.5% MoM growth). 5) Ola Electric – 12096 units sold in October, down from 13458 units in September (-10.1% MoM growth). 6) Ampere – 10838 units sold in October, up from 9319 units in September (16.3% MoM growth).7)River Mobility – 6,796 units in October from 6,533 units in September.

1.TVS Maintains Strong Lead

TVS led the way in the electric two wheeler industry in India with their first ever single month sales over 60000 units. The brand saw healthy double digit growth by increasing sales from 54404 units in September to 60433 units in October. Demand for models like iQube and Orbiter, combined with a wide dealer and service network meant they were able to capitalise on demand during the festive period.

2.Bajaj Chetak Holds Second Position

Bajaj Chetak remained in second place with barely any growth between the two months. Sales increased very slightly to 49068 units from 48742 units. The brand still managed strong absolute sales, due to the brand having one hot selling line.

3.Ather Energy Sees Small Growth

Ather Energy maintained their third position with a small increase. Registration increased to 31796 units in October from 30945 units in September. Despite being held back by capacity limitations, the brand still managed to stay within the top 3.

4.VIDA See Most Growth

The electric brand under Hero MotoCorp saw the largest improvement in sales between the two months, increasing to 29936 units in October from 24441 units in September. This represents over 22% growth. The brand has increased capacity, increased their dealer network and added new ownership choices meaning they have been able to climb up towards the leaders and gain more attention during the festive period.

5.Ola Electric Sees Decline

Of the top 6 brands, Ola Electric were the only brand to see a decline. Registration decreased to 12096 units from 13458 units, representing a decrease of just over 10%. The brand remained in fifth position but lost out to those who had positive growth.

6.Ampere Sees Good Growth

Ampere completed the top 6 with good growth between the two months. Sales increased to 10838 units from 9319 units. This represents over 16% growth. The brand benefitted from consistent demand.

7. River Mobility Records Steady Growth

River Mobility secured the next position with consistent performance between the two months. Sales rose to 6,796 units in October from 6,533 units in September. This reflects a modest growth of around 4 percent. The brand continued to benefit from steady demand in the electric two-wheeler segment.

Overall the October figures show TVS growing dominance, VIDA’s quick rise and some mixed results for other established brands. The electric two wheeler industry in India will remain competitive with some of the top brands in the country.

RankBrand NameOctober 2026 Sales
1TVS60,433 units
2Bajaj Chetak49,068 units
3Ather Energy31,796 units
4VIDA (Hero MotoCorp)29,936 units
5Ola Electric12,096 units
6Ampere10,838 units
7River mobility 6,796 units
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