Ad

Ad

India’s EV Two-Wheeler Market: March 2025 Sales Report – Bajaj Auto Leads, TVS and Ola Follow

Bypriyag|Updated on:02-Apr-2025 11:23 AM

Share via:


Follow Us:

google-news-follow-icon
noOfViews-icon

21,566 Views



Updated on:02-Apr-2025 11:23 AM

noOfViews-icon

21,566 Views

share-icon

Follow Us:

google-news-follow-icon

The EV two-wheeler market in India witnessed strong growth in March 2025. Bajaj Auto led with 34,836 units, followed by TVS Motor and Ola Electric. Read the full sales breakdown.

The EV two-wheeler market, especially in the commuter segment scooter market, has been experiencing significant growth and the brands have been displaying immense competitive spirit to come out as the top-selling brand in the market. Considering this competitive shift, here are the top six brands which are bagging success all over the country, which continues with the latest sales trends of the monthly sales chart.

The table below depicts the overhaul sales in March 2025, concerning FY figures:

OEM

Units Sold

YOY%

Market Share%

Bajaj Auto

34,863

116%

20%

TVS Motor Co.

30,453

30%

21%

Ola Electric

344,004

4.0%

30%

Ather Energy

15,446

20%

11.39%

Hero Motocorp

7,977

175%

4.0%

Greaves Electric Mobility

5,641

28%

3.49%

Bajaj Auto

Bajaj has been sitting in the top position since February 2025 with their best monthly sales of 34,863 units in March 2025. According to Bajaj’s last month’s performance, this is the third time Bajaj has outsold the competition. Bajaj Auto's previous best monthly sales were in October 2024 with 28,415 units.

India’s EV Two-Wheeler Market: March 2025 Sales Report – Bajaj Auto Leads, TVS and Ola Follow

Bajaj’s consistent growth throughout the fiscal shows that Bajaj has sold 230,761 Chetaks in FY2025, which is a 116% increase as FY2024’s sales were 106,624 units. An additional sale of 124,137 units has enabled Bajaj to step over the 200,000 milestone in the fiscal year for the first time in that matter. The company’s electric two-wheeler market share has nearly doubled to 20% from 11% in FY2024.

Bajaj Auto has been contending with legacy rival TVS Motor Co. The sales gap between these two OEMs in FY2024 was 76,565 units, which indicates the rapid demand for the Bajaj Chetak.

TVS Motor Co.

The TVS Motor Company has been gripping the second position concerning sales for a seemingly long time. TVS was close to bagging first place in January 2025 but slipped by 542 units against OLA Electric. In March 2025, the TVS iQube was bought by 30,453 consumers, giving it a monthly market share of 23%. This is TVS' best-ever monthly sales when compared to the sales of October 2024 amounting to 30,180 units.

India’s EV Two-Wheeler Market: March 2025 Sales Report – Bajaj Auto Leads, TVS and Ola Follow

In the entire FY2025, TVS Motor Company has retailed 237,551 units, an increase of 30% YoY (FY2024 was 183,189 units), which makes an additional 54,362 units, giving it a market share of 21% for the fiscal year, an increase of 2% on FY2024’s 19%.

TVS has also surpassed the 200,000-unit retail milestone in a fiscal for the first time and has hit record retail, although the sales of the two legacy companies, a sales gap, which was 76,565 units in FY2024, has shrunk to 6,790 units in FY2025.

OLA Electric

Ola Electric, which did remain the overall electric two-wheeler market leader for the third straight fiscal year, sold 23,430 units in March 2025 for a market share of 18% in March. OLA, which retained its No. 1 title in January 2025, dropped down by three ranks in February to No. 4. OLA’s improved performance in March has let the company move up to second position after Bajaj Auto and ahead of TVS Motor Co.

India’s EV Two-Wheeler Market: March 2025 Sales Report – Bajaj Auto Leads, TVS and Ola Follow

With respect to cumulative retail sales front, with 344,004 e-scooters and e-motorcycles sold between April 2024 and March 2025, Ola has registered a 4% YoY increase, surpassing its FY2024 total of 329,947 units by 14,057 units. This has given the company an FY2025 market share of 30%, which is a dip by 5% on the 35% market share it had in FY2024.

Ather Energy

Ather Energy sold 15,446 e-scooters in March 2025, giving it a 12% market share and the No. 4 rank. Ather’s total FY2025 retails at 130,913 units are a 20% YoY increase, having sold an additional 21,752 units, giving Ather a market share of 11.39% when compared to 11.50% in FY2024 when it had sold 109,161 units.

India’s EV Two-Wheeler Market: March 2025 Sales Report – Bajaj Auto Leads, TVS and Ola Follow

Ather’s March 2025 sales are the e-scooter start-up's second-best monthly retail since October 2024's 16,233 units.

Hero MotoCorp

Hero MotoCorp closed FY2025 with a monthly retail of 7,977 units, improving upon October (7,350 units) and November 2024 (7,344 units). This totals FY2025 to 48,668 units, which resulted in a 175% YoY growth (FY2024: 17,720 units).

India’s EV Two-Wheeler Market: March 2025 Sales Report – Bajaj Auto Leads, TVS and Ola Follow

Greaves Electric Mobility

Greaves Electric Mobility (GEM), the EV arm of Greaves Cotton, is ranked fifth for March 2025 and sixth for FY2025. In March, the company sold 5,641 e-scooters, which is its best-ever monthly retail yet, which gives it a 4% share for the month. GEM’s FY2025 retails of 40,161 units are at an increase of 28% on its FY2024 sales of 31,276 units and give it a market share of 3.49%, which is a marginal improvement upon its 3.29% share of FY2024.

India’s EV Two-Wheeler Market: March 2025 Sales Report – Bajaj Auto Leads, TVS and Ola Follow

Follow Us:

whatsapp-follow-icon
instagram-follow-icon
youtube-follow-icon
google-news-follow-icon

More News

2024 Yezdi Roadster vs. 2025 Yezdi Roadster:  Comparison of two eras where classic grit meets modern might

2024 Yezdi Roadster vs. 2025 Yezdi Roadster: Comparison of two eras where classic grit meets modern might

A detailed feature comparison between the legendary old Yezdi Roadster and the new 2025 edition. Covering every aspect from design to performance with a clear buyer’s verdict between the 2024 and 2025 Yezdi Roadster.

13-Aug-2025 12:00 PM

Read Full News
2024 Yezdi Roadster vs. 2025 Yezdi Roadster:  Comparison of two eras where classic grit meets modern might

2024 Yezdi Roadster vs. 2025 Yezdi Roadster: Comparison of two eras where classic grit meets modern might

A detailed feature comparison between the legendary old Yezdi Roadster and the new 2025 edition. Covering every aspect from design to performance with a clear buyer’s verdict between the 2024 and 2025 Yezdi Roadster.

13-Aug-2025 12:00 PM

Read Full News
VinFast Patents Entry-Level EV With Minio Green In India

VinFast Patents Entry-Level EV With Minio Green In India

VinFast has patented its compact Minio Green EV in India, aiming to disrupt the entry-level electric vehicle segment. With a practical design, efficient range, and affordability, the Minio Green is tailored for city commuting and reliability.

13-Aug-2025 09:26 AM

Read Full News
VinFast Patents Entry-Level EV With Minio Green In India

VinFast Patents Entry-Level EV With Minio Green In India

VinFast has patented its compact Minio Green EV in India, aiming to disrupt the entry-level electric vehicle segment. With a practical design, efficient range, and affordability, the Minio Green is tailored for city commuting and reliability.

13-Aug-2025 09:26 AM

Read Full News
Tata Motors Gears Up for Onam in Kerala with Big Benefits and Discounts up to Rs 2 Lakh

Tata Motors Gears Up for Onam in Kerala with Big Benefits and Discounts up to Rs 2 Lakh

Tata Motors brings Kerala exclusive Onam 2025 offers with hefty discounts on popular cars and EVs, expanded service reach, and a campaign celebrating the state’s festive spirit.

13-Aug-2025 06:56 AM

Read Full News
Tata Motors Gears Up for Onam in Kerala with Big Benefits and Discounts up to Rs 2 Lakh

Tata Motors Gears Up for Onam in Kerala with Big Benefits and Discounts up to Rs 2 Lakh

Tata Motors brings Kerala exclusive Onam 2025 offers with hefty discounts on popular cars and EVs, expanded service reach, and a campaign celebrating the state’s festive spirit.

13-Aug-2025 06:56 AM

Read Full News
The all-new Mercedes-AMG CLE 53 4MATIC+ Coupe Launched At Rs 1.35 Crore in India

The all-new Mercedes-AMG CLE 53 4MATIC+ Coupe Launched At Rs 1.35 Crore in India

The Mercedes-AMG CLE 53 4MATIC+ Coupé brings together blistering performance, luxury comfort, and head-turning design. Priced at Rs 1.35 crore, it caters to affluent professionals, entrepreneurs, and racing enthusiasts.

13-Aug-2025 05:30 AM

Read Full News
The all-new Mercedes-AMG CLE 53 4MATIC+ Coupe Launched At Rs 1.35 Crore in India

The all-new Mercedes-AMG CLE 53 4MATIC+ Coupe Launched At Rs 1.35 Crore in India

The Mercedes-AMG CLE 53 4MATIC+ Coupé brings together blistering performance, luxury comfort, and head-turning design. Priced at Rs 1.35 crore, it caters to affluent professionals, entrepreneurs, and racing enthusiasts.

13-Aug-2025 05:30 AM

Read Full News
The 2025 Yezdi Roadster Launched In India At Rs 2.10 Lakh

The 2025 Yezdi Roadster Launched In India At Rs 2.10 Lakh

The 2025 Yezdi Roadster revives a legend with modern engineering, a powerful 350cc engine, touring comfort, and customization options. Priced from Rs 2.09 lakh, it’s the perfect blend of retro charm.

12-Aug-2025 01:01 PM

Read Full News
The 2025 Yezdi Roadster Launched In India At Rs 2.10 Lakh

The 2025 Yezdi Roadster Launched In India At Rs 2.10 Lakh

The 2025 Yezdi Roadster revives a legend with modern engineering, a powerful 350cc engine, touring comfort, and customization options. Priced from Rs 2.09 lakh, it’s the perfect blend of retro charm.

12-Aug-2025 01:01 PM

Read Full News
Shlok Ghorpade Clinches A Podium Finish At MRF MOGRIP SuperCross FMSCI Championship In Coimbatore

Shlok Ghorpade Clinches A Podium Finish At MRF MOGRIP SuperCross FMSCI Championship In Coimbatore

In a heat-soaked showdown at Coimbatore, KTM racer Shlok Ghorpade overcame injury, gear trouble, and fierce competition to finish 2nd overall in Round 2 of the MRF Mogrip Supercross FMSCI Championship

12-Aug-2025 11:05 AM

Read Full News
Shlok Ghorpade Clinches A Podium Finish At MRF MOGRIP SuperCross FMSCI Championship In Coimbatore

Shlok Ghorpade Clinches A Podium Finish At MRF MOGRIP SuperCross FMSCI Championship In Coimbatore

In a heat-soaked showdown at Coimbatore, KTM racer Shlok Ghorpade overcame injury, gear trouble, and fierce competition to finish 2nd overall in Round 2 of the MRF Mogrip Supercross FMSCI Championship

12-Aug-2025 11:05 AM

Read Full News

Ad

Ad

Explore Other Cars Brands

Cars In India

MG Cyberster

MG Cyberster

₹ 75.00 Lakh

Renault Triber 2025

Renault Triber 2025

₹ 6.30 - 9.17 Lakh

MG M9 EV

MG M9 EV

₹ 69.90 Lakh

BMW 2 Series Gran Coupe

BMW 2 Series Gran Coupe

₹ 46.90 - 48.90 Lakh

BMW M3 Facelift

BMW M3 Facelift

₹ 1.47 Cr

VinFast VF7

VinFast VF7

₹ 30.00 - 35.00 Lakh

BMW iX Facelift

BMW iX Facelift

₹ 1.45 Cr

Mahindra Bolero 2025

Mahindra Bolero 2025

₹ 10.00 Lakh

Audi Q6 e-tron

Audi Q6 e-tron

₹ 1.00 - 1.10 Cr

Ad

Ad

Ad