India’s electric two-wheeler revolution is showing no signs of slowing down. The month of April 2026 witnessed a remarkable 61% year-on-year surge, with 1,48,677 units sold across the country compared to just 92,536 units in the same month last year.
But beneath this growth lies a fascinating reshuffle of power. While TVS continues to dominate the roost, Ola Electric—once the poster child of India’s EV story—has slipped to fifth place for the second consecutive month, posting its only decline among the top five brands.
Here is the complete breakdown of the top 10 electric 2-wheeler brands for April 2026.
The Top 10 Electric 2W Brands: April 2026
| Rank | Brand | Apr 2026 Sales | Apr 2025 Sales | YoY Change |
|---|---|---|---|---|
| 1 | TVS | 37,661 | 19,176 | +96% |
| 2 | Bajaj Auto | 32,883 | 19,162 | +72% |
| 3 | Ather Energy | 27,024 | 13,332 | +103% |
| 4 | Vida (Hero MotoCorp) | 15,230 | 6,150 | +148% |
| 5 | Ola Electric | 12,166 | 19,824 | -39% |
| 6 | Greaves Electric | 6,884 | 4,002 | +72% |
| 7 | River Mobility | 3,198 | 796 | +302% |
| 8 | Bgauss Auto | 3,065 | 1,313 | +133% |
| 9 | Simple Energy | 1,188 | 271 | +338% |
| 10 | Bounce Electric | 1,077 | 64 | +1583% |
The top 10 manufacturers collectively accounted for 1,40,376 units, representing a staggering 94% of the total industry volume. Meanwhile, the top five brands alone commanded an 84% combined market share.
1. TVS Motor Company: The Undisputed Leader
April 2026 Sales: 37,661 units | Market Share: 25% | YoY Growth: +96%
TVS continued its dominance with its second-highest monthly sales ever, falling just short of its record 49,719 units achieved in March 2026. The company’s electric portfolio, powered by the popular iQube and the newly launched Orbiter, has struck a chord with Indian consumers.
With a near-doubling of sales compared to April 2025, TVS has firmly established itself as the brand to beat in the electric two-wheeler space.
2. Bajaj Auto: Chetak Keeps Charging
April 2026 Sales: 32,883 units | Market Share: 22% | YoY Growth: +72%
Bajaj Auto held on to its customary second position, delivering its third-highest monthly performance ever. The Chetak brand continues to expand its lineup, and that diversification is clearly bringing more buyers into the fold.
Behind only its March 2026 (46,544 units) and March 2025 (35,215 units) performances, Bajaj remains a formidable force in the EV two-wheeler race.
3. Ather Energy: Fastest Growing in the Top Three
April 2026 Sales: 27,024 units | Market Share: 18% | YoY Growth: +103%
Bengaluru-based Ather Energy recorded the highest growth rate among the top three brands, more than doubling its sales from 13,332 units in April 2025. The company recently crossed a significant milestone—6 lakh cumulative retail sales—and April 2026 marked its second-highest monthly total ever.
Much of this success is attributed to the strong reception for the Rizta family scooter. Notably, Ather is already developing a more affordable model expected to launch later this year, which could further disrupt the market.
4. Vida: Hero’s Electric Arm Gains Momentum
April 2026 Sales: 15,230 units | Market Share: 10% | YoY Growth: +148%
Hero MotoCorp’s electric subsidiary, Vida, held onto fourth place with an impressive 148% year-on-year surge. From just 6,150 units in April 2025 to over 15,000 units this year, Vida is proving that legacy automotive expertise combined with dedicated EV focus can yield strong results.
5. Ola Electric: The Only Decline in the Top Five
April 2026 Sales: 12,166 units | YoY Change: -39%
For the second consecutive month, Ola Electric found itself in fifth place. More concerning is that it remains the only brand in the top five to post a year-on-year decline, dropping from 19,824 units in April 2025 to just 12,166 units this year.
However, there is a silver lining: Ola’s volumes are showing signs of recovery compared to its recent past struggles. Whether this rebound can continue will be closely watched by industry analysts.
6. Greaves Electric Mobility: Back in the Game
April 2026 Sales: 6,884 units | YoY Growth: +72%
Greaves returned to sixth place with a healthy 72% annual growth, capturing a 5% market share. The company continues to benefit from its diversified portfolio under the Ampere brand.
7–10: The Rising Stars
| Rank | Brand | Key Model | Growth Story |
|---|---|---|---|
| 7 | River Mobility | Indie | +302% YoY to 3,198 units |
| 8 | Bgauss Auto | Various | +133% YoY to 3,065 units |
| 9 | Simple Energy | Simple One | +338% YoY to 1,188 units |
| 10 | Bounce Electric | Infinity E1 | +1,583% YoY to 1,077 units |
River Mobility continues to impress with its Indie scooter, posting a 302% jump. Simple Energy and Bounce Electric posted eye-watering triple-digit growth rates, albeit on smaller bases.
The Japanese Disappointment
In stark contrast to the overall market momentum, Japanese manufacturers continue to struggle in India’s electric two-wheeler space. Honda, Suzuki, and Yamaha together managed just 753 units in April 2026—a negligible fraction of the total market.
This underscores the first-mover advantage enjoyed by domestic players like TVS, Bajaj, and Ather, who recognized the EV shift early and invested accordingly.
Key Takeaways from April 2026
- Total Industry Volume: 1,48,677 units (+61% YoY)
- Top 5 Share: 84% of total market
- Biggest Gainer (Volume): Vida (+148% YoY)
- Only Decliner in Top 5: Ola Electric (-39% YoY)
- Highest Growth Rate (Top 10): Bounce Electric (+1,583%)
The Road Ahead
With Ather planning an affordable model, TVS expanding its Orbiter lineup, and Bajaj continuously refreshing the Chetak, the electric two-wheeler battle is only going to intensify. Meanwhile, all eyes will be on whether Ola can claw its way back into the top three or if Vida will overtake it in the coming months.
One thing is certain: India’s electric two-wheeler market has entered its most exciting phase yet.
Disclaimer: All sales figures are based on monthly retail data. Market share calculations are approximate and based on total industry volume of 1,48,677 units for April 2026. YoY changes are calculated against April 2025 figures