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India’s EV Two-Wheeler Market Sees Major Shake-Up in February 2025: Bajaj Takes the Lead

February 28, 2025
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India’s EV Two-Wheeler Market Sees Major Shake-Up in February 2025: Bajaj Takes the Lead
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India’s Electrical Two-Wheeler Market Experiences a Main Shift in February 2025: Bajaj Takes the Lead

The Indian electrical two-wheeler (E2W) market underwent a major transformation in February 2025, as Bajaj Auto emerged as the brand new market chief. Historically dominated by startups like Ola Electrical and Ather Power, the section is now going through intensified competitors from established automotive gamers. In accordance with Vahan registration knowledge dated February 28, Bajaj Auto offered 19,290 items, overtaking its rivals and marking a notable achievement for the corporate.

Prime 10 Electrical Two-Wheeler Gross sales in February 2025

Right here is the listing of the highest 10 electrical two-wheeler producers by gross sales quantity based mostly on Vahan registration knowledge as much as February 28, 2025:

  1. Bajaj Auto – 19,290 items
  2. TVS Motor Firm – 17,405 items
  3. Ather Power – 10,723 items
  4. Ola Electrical – 7,963 items
  5. Greaves Electrical – 3,243 items
  6. Hero MotoCorp – 2,455 items
  7. Okinawa – 1,800 items
  8. BGauss Auto – 1,500 items
  9. Wardwizard (Pleasure) – 1,200 items
  10. Okaya EV – 900 items

Key Insights from the February 2025 Gross sales Report

Bajaj Auto Leads the Market

Bajaj Auto has turn out to be the top-selling electrical two-wheeler producer, attaining gross sales of 19,290 items. This success can largely be attributed to its sturdy distribution community, with the Chetak mannequin accessible in almost 700 showrooms throughout India. The corporate’s pricing technique, that includes fashions priced between ₹95,000 to ₹135,000, has additionally made it a gorgeous alternative for consumers.

TVS Motor Firm in Second Place

TVS Motor Firm secured the second spot with 17,405 items offered. The recognition of its iQube electrical scooter has considerably contributed to this achievement, bolstered by an increasing dealership community and efficient advertising and marketing methods.

Ather Power Maintains Stability

Ather Power held regular in third place with gross sales of 10,723 items in February. The model attracts premium clients with high-performance choices just like the Ather 450X, which is acknowledged for its superior know-how and fast-charging capabilities.

Ola Electrical Experiences a Decline

Ola Electrical, which beforehand led the market, fell to fourth place with 7,963 registered items. The corporate attributed this decline to short-term adjustments in its car registration course of in February. Regardless of this, Ola claims to have offered over 25,000 items throughout the month, suggesting that its general efficiency stays sturdy.

Greaves Electrical Mobility Advances

Greaves Electrical Mobility moved as much as fifth place, outperforming Hero MotoCorp with 3,243 items offered. The Ampere model has been steadily gaining traction, notably with the launch of the Ampere Magnus Neo, an upgraded mannequin priced at ₹80,000.

Hero MotoCorp Faces Challenges

Though Hero MotoCorp is one in all India’s largest two-wheeler producers, it solely registered gross sales of two,455 items in February. The corporate continues to be within the early levels of growing its electrical car operations and increasing its distribution community.

Different Manufacturers within the Prime 10

Okinawa (1,800 items), BGauss Auto (1,500 items), Wardwizard (1,200 items), and Okaya EV (900 items) rounded out the highest 10. Whereas their gross sales figures are decrease than the main manufacturers, these corporations are catering to area of interest segments with budget-friendly, commuter-focused electrical scooters.

Market Tendencies and Future Outlook

Value Sensitivity and Coverage Impacts

The Indian E2W market demonstrates a excessive sensitivity to pricing, as clients actively think about authorities subsidies and incentives when making purchases. Current adjustments to the FAME-II subsidy scheme have affected client sentiments, making pricing methods important.

Development of Charging Infrastructure

A major problem hindering the speedy adoption of E2Ws stays the restricted charging infrastructure. Nevertheless, corporations like Ather, Ola, and TVS are making substantial investments to develop their charging networks.

Legacy Producers Gaining Floor

Conventional producers reminiscent of Bajaj and TVS are making vital progress within the electrical car market, leveraging their established dealership networks and model belief. Their robust gross sales efficiency in February alerts a shift available in the market dynamics, with legacy producers more and more competing with startups.

Conclusion

The electrical two-wheeler sector in India is evolving quickly, with corporations like Bajaj Auto and TVS Motor Firm main the cost. Whereas newer gamers reminiscent of Ola Electrical and Ather Power proceed to innovate, competitors throughout the market is intensifying. With governmental assist, advancing know-how, and rising client consciousness, the E2W section is poised for sustained progress within the coming years.



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Tags: AtherEnergyBajajBajajAutoelectricvehiclesev salesEV Two wheeler in IndiaEVMarketFebruaryfebruary salesgreavesIndiasLeadmajorMarketOkinawaOlaolaelectricseesshakeuptakesTVStwowheeler
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