The Indian electric two-wheeler market demonstrated strong annual growth in February 2026, solidifying the continuous shift toward sustainable urban mobility. The latest retail data from the Federation of Automobile Dealers Associations (FADA) reveals that while there was a slight month-on-month cooling, the year-on-year trajectory remains highly positive, with established two-wheeler giants dominating the charts.
Here is an in-depth analysis of the electric two-wheeler sales performance in India for February 2026.
The FADA report outlines a steady increase in electric vehicle adoption within the two-wheeler segment, marked by a growing overall market share.
Legacy players and dedicated EV startups are fiercely competing for dominance, with traditional automakers currently taking the lead.
TVS Motor Company captured the top position, retailing an impressive 31,614 units in February 2026. This translates to a robust 66.78% YoY growth compared to February 2025, despite an 8.52% MoM decline from January 2026.
Taking the second spot is Bajaj Auto, which recorded 25,328 units sold. The brand showed resilience with a minor MoM drop of just 1.05%, while achieving a 17.42% YoY growth.
Ather Energy continues its strong market presence, securing the third position with 20,584 retail units. The company posted a significant 71.85% YoY growth, effectively more than doubling its sales footprint compared to previous years, even with a 6.43% MoM decrease.
Hero MotoCorp demonstrated massive scaling in its EV division, registering 12,514 units sold. This represents an exceptional 364.17% YoY growth compared to just 2,696 units in February 2025.
| Two-Wheeler OEM | Feb’26 | Jan’26 | Feb’25 | MoM% | YoY% |
| TVS MOTOR COMPANY LTD | 31,614 | 34,558 | 18,955 | -8.52% | 66.78% |
| BAJAJ AUTO LTD | 25,328 | 25,598 | 21,571 | -1.05% | 17.42% |
| ATHER ENERGY LTD | 20,584 | 21,999 | 11,978 | -6.43% | 71.85% |
| HERO MOTOCORP LTD | 12,514 | 13,302 | 2,696 | -5.92% | 364.17% |
| GREAVES ELECTRIC MOBILITY PVT LTD | 4,724 | 5,337 | 3,704 | -11.49% | 27.54% |
| OLA ELECTRIC TECHNOLOGIES PVT LTD | 3,968 | 7,516 | 8,675 | -47.21% | -54.26% |
| BGAUSS AUTO PRIVATE LIMITED | 2,411 | 2,477 | 1,219 | -2.66% | 97.79% |
| RIVER MOBILITY PVT LTD | 2,255 | 2,587 | 613 | -12.83% | 267.86% |
| E-SPRINTO GREEN ENERGY PVT LTD | 1,176 | 2,033 | 269 | -42.15% | 337.17% |
| Others | 7,135 | 7,405 | 7,042 | -3.65% | 1.32% |
| Total | 1,11,709 | 1,22,812 | 76,722 | -9.04% | 45.60% |
The February 2026 data highlights significant shifts in momentum among other key players in the industry:
How many electric two-wheelers were sold in India in February 2026? A total of 1,11,709 electric two-wheelers were registered in India during February 2026, according to FADA.
Which brand sold the most electric scooters in India in February 2026? TVS Motor Company led the market by retailing 31,614 electric two-wheelers.
What is the current market share of electric two-wheelers in India? In February 2026, electric two-wheelers accounted for 6.6% of the total two-wheeler market sales in India.
Did the electric two-wheeler market grow in February 2026? Yes, the market grew by 45.60% Year-on-Year compared to February 2025. However, there was a Month-on-Month decline of 9.04% compared to January 2026.
You can add more to this story by commenting below.
Read the full article: Electric Two-Wheeler Sales in India Feb 2026: FADA Retail Report
