The Indian electrical two-wheeler market noticed spectacular development in April 2025, kicking off the monetary yr 2025-26 with record-breaking gross sales. The month marked a brand new peak, showcasing each market development and shifts in management amongst producers.
In line with Vahan Information, electrical two-wheeler retail gross sales for April reached 91,791 models. The highest three corporations—Ola Electrical, TVS, and Bajaj Auto—had been locked in an in depth contest for market dominance throughout this era.
The numerous modifications in market dynamics replicate not solely the rising adoption of electrical autos but in addition evolving client preferences and rising competitors.
Gross sales Overview
TVS Motors led the electrical two-wheeler section in April with 19,736 models bought. Ola Electrical intently adopted with 19,709 models, whereas Bajaj Auto got here in third with 19,001 models. Ather Power maintained its fourth place with 13,167 models, and Hero Motocorp secured fifth place with 6,123 models.
Notably, in March 2025, Bajaj Auto had led the gross sales, with TVS Motors and Ola Electrical additionally vying for the highest spots, showcasing a notable shift in model preferences pushed by reliability, service high quality, and pricing.
Mixed Dominance
The highest 4 electrical two-wheeler corporations—TVS Motors, Ola Electrical, Bajaj Auto, and Ather Power—held over 78% of the market share mixed in April. This substantial market share emphasizes the robustness of established gamers whereas presenting challenges for newer entrants.
Prime Electrical Two-Wheeler Gross sales Information (April 2025)
| EV Producer | March 2025 Items | April 2025 Items | M-o-M Progress (%) | Market Share April 2025 |
|---|---|---|---|---|
| TVS MOTOR CO | 30,454 | 19,736 | -35.20% | 22% |
| OLA ELECTRIC | 23,430 | 19,709 | -15.90% | 21% |
| BAJAJ AUTO | 34,863 | 19,001 | -45.50% | 21% |
| ATHER ENERGY | 15,446 | 13,167 | -14.70% | 14% |
| HERO MOTOCORP | 7,977 | 6,123 | -23.30% | 7% |
| GREAVES ELECTRIC MOBILITY | 5,641 | 4,000 | -29.10% | 4% |
Market Insights
1. TVS Motors
TVS Motors emerged as the highest participant, recording 19,736 models bought, though this mirrored a 35.20% drop from March. The TVS iQube remained a preferred alternative, supporting a market share of twenty-two%.
2. Ola Electrical
Ola Electrical misplaced its high place by simply 27 models, reaching 19,709 gross sales, a month-to-month decline of 15.90%. Regardless of fighting ongoing points, the model held a 21% market share.
3. Bajaj Auto
As soon as the chief, Bajaj Auto fell to 3rd place with gross sales of 19,001 models—a exceptional decline of 45.50%. The Bajaj Chetak remained a number one mannequin, contributing to a market share of 21%.
4. Ather Power
Sustaining fourth place, Ather Power bought 13,167 models, down 14.70% from the earlier month, marking a decline in its market share to 14%.
5. Hero MotoCorp
Hero MotoCorp retained its fifth place with gross sales figures dropping to six,123 models, resulting in a market share of seven%.
Further Gamers within the Market
6. Greaves Electrical Mobility: Maintained its place with 4,000 models, however noticed a decline.
7. Pur Power: Gross sales fell to 1,449 models.
8. Bgauss Auto: Skilled vital gross sales drop to 1,311 models.
9. Kinetic Inexperienced Power: Elevated to 1,306 models.
10. River Mobility: Entered the leaderboard with 785 models bought.
Conclusion
April 2025 was a noteworthy month for the electrical two-wheeler market, highlighting fierce competitors amongst high producers. Regardless of the general decline in month-over-month development, year-on-year gross sales present appreciable enchancment, indicating a powerful begin for the monetary yr.
Because the yr progresses, all eyes will probably be on how rising manufacturers problem established gamers and form the way forward for electrical mobility in India. The aggressive panorama suggests sturdy methods are important for each sustaining and enhancing market presence.
