April 2026 electric two-wheeler sales report: TSV leads the chart, followed by Bajaj Auto

India’s high‑speed electric two‑wheeler market has eased into a more natural rhythm after March’s subsidy‑fueled rush, but April 2026 still delivered one of the strongest months ever for EV scooters and motorcycles. Retail registrations crossed roughly 1.48 lakh units, making this the second‑best month on record even as volumes corrected from March’s 1.92 lakh peak.

According to the latest Vahan Dashboard snapshot, taken on 2 May 2026 and excluding Telangana, it captures how each leading brand navigated this reset. Only high‑speed electric two‑wheelers are counted, with data consolidated from 1,463 of 1,466 RTOs across all 36 Indian states and union territories.

Electric 2Ws Sales Report 2026: Breakdown

Policy transitions under the PM E‑DRIVE subsidy scheme, elevated interest in domestic cell manufacturing, and rising fuel costs continue to shape consumer sentiment and OEM strategies. While overall registrations dropped about 22–27 percent month‑on‑month in April 2026.

Within this, premium‑leaning brands such as TVS, Bajaj and Ather now anchor the market, while challenger players like Ola, Ampere, River, BGauss, Simple Energy and Bounce fight for scale and recall. Let's check out the top OEM brands that captivate the Indian electric two-wheeler market.

1. TVS Motors

Sales: 37,683 units

TVS Motor retained its leadership with 37,683 high‑speed electric two‑wheelers registered in April 2026, compared with a record 49,734 units in March and 19,976 units in April 2025. This translates into a robust 88.6 percent year‑on‑year expansion, even though volumes corrected 24.2 percent month‑on‑month as the post‑subsidy normalization kicked in.

For TVS, the numbers underscore how the iQube family has become a default upgrade choice for urban commuters seeking reliability, strong dealer support and familiar ICE‑to‑EV transition touchpoints. With deeper penetration into Tier‑2 and Tier‑3 markets and an expanding fast‑charging ecosystem.

2. Bajaj Auto

Sales: 32,898 units

​Bajaj Auto held a firm second position, closing April 2026 with 32,898 high‑speed electric registrations, down from 46,554 units in March yet substantially ahead of the 19,162 units recorded in April 2025. The brand delivered 71.7 percent year‑on‑year growth, even as volumes slid 29.3 percent month‑on‑month.

The Bajaj Chetak offering retro-modern appeal, strong build quality and Bajaj’s deep urban dealer footprint continue to resonate with buyers looking for a “premium but practical” EV upgrade.

3. Ather Energy

Sales: 27,034 units

​Ather Energy maintained its position among the top three with 27,034 high‑speed EV registrations in April 2026, compared with 36,148 units in March and 13,332 units in April last year. That performance translates into 102.8 percent year‑on‑year growth, though with a 25.2 percent month‑on‑month correction as the market cooled after March’s record run.

With newer, more affordable variants expanding its addressable base and an eye on export opportunities, Ather is steadily transforming from niche innovator into a scaled, mainstream EV player while preserving its enthusiast appeal.

4. Hero MotoCorp

Sales: 15,238 units

​Hero MotoCorp’s electric arm, Vida, delivered one of the most striking growth curves in April. Registrations climbed to 21,563 units, up from 15,238 units in March and just 6,150 units in April 2025. That surge equates to a stellar 147.8 percent year‑on‑year increase, even though volumes dipped 29.3 percent versus March in line with broader market normalization.

5. Ola Electric

Sales: 12,171 units

​Ola Electric posted 12,171 high‑speed registrations in April 2026, improving from 10,137 units in March but trailing the 19,824 units it managed in April 2025. That makes Ola the only major OEM in this chart to record positive month-on-month growth of up to 20.1%. While still seeing a 38.6 percent decline year‑on‑year as it rebalances from an earlier volume peak.

6. Ampere Vehicles

Sales: 6,887 units

​Ampere Vehicles registered 6,887 high‑speed electric two‑wheelers in April 2026, compared with 7,975 units in March and 4,021 units in April 2025. That yields a solid 71.3 percent year‑on‑year improvement, with a relatively modest 13.6 percent month‑on‑month decline against a market that dropped more steeply overall.

Backed by Greaves’ ecosystem and multi‑brand retail reach, Ampere has become a dependable mid‑volume player, especially in non‑metro towns where customers are experiencing EVs for the first time and seek familiar service touchpoints.

7. River Mobility

Sales: 3,199 units

​River Mobility, one of the newer lifestyle‑oriented entrants, clocked 3,199 high‑speed registrations in April 2026, down from 4,202 units in March and significantly higher than the 796 units recorded in April 2025. 

8. BGauss Auto

Sales: 3,006 units

​BGauss Auto delivered 3,066 high-speed registrations in April 2026, compared with 3,688 units in March and 1,313 units in April 2025. This performance translates into an impressive 133.5 percent year‑on‑year growth, even as volumes slipped 16.9 percent month‑on‑month as the broader market stepped down from March’s record levels.

9. Simple Energy

Sales: 1,188 units

​Simple Energy continued to build on its recent momentum, registering 1,188 high‑speed electric two‑wheelers in April 2026, after 1,766 units in March and just 271 units in April 2025.

10. Bounce Electric

Sales: 1,077 units

​Bounce Electric, which has pivoted from its original battery‑swapping‑led shared mobility model toward direct retail, recorded 1,077 high‑speed registrations in April 2026 versus 299 units in March and 64 units in April 2025.