๐Ÿš€ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐Ÿ”ฅ
Login

News on Medial

TVS Motor reclaims top spot in Nov E2W sales; Ola Electric plunges 50%

EntrackrEntrackr ยท 1h ago
TVS Motor reclaims top spot in Nov E2W sales; Ola Electric plunges 50%
Medial

TVS Motor reclaims top spot in Nov E2W sales; Ola Electric plunges 50% TVS Motor regained the top spot in November 2025 with a 25.92% share of the electric two-wheeler (E2W) market. At the same time, Ola Electricโ€™s sales plunged nearly 50%, pushing the company down to the fifth position. According to Vahan data, overall E2W sales fell over 20% to 1.15 lakh units in November from 1.44 lakh in October, with the previous month benefiting from festive demand. Despite the broader decline, TVS Motor held steady with 29,756 registrations in November. Bajaj Auto slipped to the second spot as its E2W sales fell 20% to 25,085 units in November, down from 31,392 units in October. Bajajโ€™s market share dropped to 21.85%. Ather Energy retained its third position in November but saw a 30% month-on-month decline, with registrations falling to 20,018 units from 28,405 in October. The company holds a 17.43% market share. Hero MotoCorp moved up to the fourth spot despite a 26.34% month-on-month decline in sales. The company registered 11,795 units in November and held a 10.27% market share. After recording 20% growth in October, Ola Electric saw a sharp near-50% month-on-month decline in November, with registrations dropping to 8,254 units from 16,013. The company slipped to fifth position in E2W sales, with its market share falling to 7.19% from 11.16% in October. Greaves Electric Mobility, which was sixth in October, saw a 25.4% month-on-month decline and registered 5,692 units in November, holding a 4.96% market share. BGAUSS followed in seventh place with 2,557 units and a 2.23% market share. Despite the overall decline in E2W sales, River Mobility and Kinetic Green posted positive growth of 8.8% and 12.34% respectively in November, securing the eighth and ninth positions. In contrast, Pure EV slipped to tenth place after a steep 37.84% drop in sales.

Related News

Ather surpasses Ola Electric in September 2W EV sales; TVS remained on top

EntrackrEntrackr ยท 2m ago
Ather surpasses Ola Electric in September 2W EV sales; TVS remained on top
Medial

Ather surpasses Ola Electric in September 2W EV sales; TVS remained on top TVS Motor retained its lead in the electric two-wheeler (E2W) market in September with a 21.6% share, while Ola Electric, which had climbed to the second spot last month by surpassing Bajaj, slipped to fourth position. According to Vahan data, TVS Motor maintained its top position in September despite a 7.41% month-on-month decline, recording 22,481 registrations. Overall electric two-wheeler registrations remained steady at 1,04,056 units in September. Bajaj rebounded to the second position in September with 19,519 registrations, capturing an 18.76% market share. This comeback follows a 40% slump last month, as the company posted a strong 65.11% month-on-month growth. Ather Energy surpassed Ola Electric in terms of sales and market share, registering 18,109 units with a 17.40% market share. However, its sales remained flat compared to the previous month. Ather, the second EV startup after Ola Electric to list on the Indian stock exchange, is currently trading at Rs 585.2, reflecting a rise of more than 23% from last month, with a market capitalization of Rs 22,279.39 crore ($2.53 billion). In September, Ola Electric registered 13,371 units sold, a nearly 30% month-on-month decline. Its market share fell to 12.85% from 18.19% last month. The companyโ€™s shares are currently trading at around Rs 56.7, giving it a market capitalization of Rs 25,022.64 crore ($2.8 billion) as of 11:55 AM. Hero MotoCorp moved down to the fifth position in September, capturing a 12.24% market share with 12,736 units sold. This reflected a 4.74% decline from the previous month. Greaves Electric Mobility retained the sixth position with a 4.1% market share, while BGAUSS saw strong demand for its electric vehicles, rising one spot with nearly 32% month-on-month growth in September. IPO-bound Pure EV, River Mobility, and Kinetic Green rounded out the top 10, with Kinetic Green registering a 28.4% growth in the last month.

TVS Motor tops E2W market in April, surpasses Bajaj Auto and Ola Electric

EntrackrEntrackr ยท 7m ago
TVS Motor tops E2W market in April, surpasses Bajaj Auto and Ola Electric
Medial

TVS Motor has emerged as the leader in India's electric two-wheeler (E2W) market for April 2025, surpassing Bajaj Auto and Ola Electric, which previously held the top spot. Last month, TVS sold 19,736 units, a 154% year-over-year (YoY) increase with a 22% market share, according to Vahan data. In comparison, Ola Electric sold 19,709 units, a 42% decline from the previous year, and held a 21% market share. Bajaj Auto saw a 151% YoY growth to 19,001 units and secured a 21% market share. Ather Energy saw a 31% increase in sales to 13,167 units, holding a 14% market share. Hero MotoCorp reported a remarkable 540% YoY growth, with 6,123 units sold and a 7% market share. While Ola Electric has increased its market share on a month-on-month basis, the decline in sales can be attributed to increased competition and strategic shifts. The Bhavish Aggarwal-led company also faced significant regulatory scrutiny and potential showroom shutdowns due to violations related to trade certificates and vehicle registrations in several states, including Maharashtra. However, the company said it is unaware of any official notice directing the closure of over 100 of its showrooms in Maharashtra. In contrast, traditional players like TVS, Bajaj, and Ather have capitalized on the growing demand for electric two-wheelers, with TVS achieving its best-ever April sales and leading the market for the first time. Bajaj Auto's performance was bolstered by strong sales of its Chetak e-scooter, which topped e-scooter sales in Q4 FY25. Ola Electric will also face competition from Ather Energy in the public market, as the latter recently closed its subscription window and is now set to be listed on the stock exchange.

Bajaj overtakes TVS to lead October 2W EV sales, Ather remains third

EntrackrEntrackr ยท 29d ago
Bajaj overtakes TVS to lead October 2W EV sales, Ather remains third
Medial

Bajaj overtakes TVS to lead October 2W EV sales, Ather remains third Bajaj Auto overtook TVS Motor to lead October 2025 E2W sales with a 21.69% market share, as festive demand drove a 37% month-on-month rise to 1.43 lakh units. Bajaj Auto surpassed TVS Motor to emerge as the top electric two-wheeler (E2W) seller in October 2025, commanding a 21.69% market share. Driven by festive demand, overall E2W sales rose over 37% month-on-month to 1.43 lakh units, compared to 1.05 lakh units in September. According to Vahan data, Bajaj Auto recorded a nearly 60% month-on-month surge in electric two-wheeler registrations, rising to 31,168 units in October from 19,689 units in September. TVS Motor slipped to the second position in October with 29,484 registrations, accounting for a 20.52% market share. Boosted by festive demand, the company still recorded a strong 30% month-on-month growth. Ather Energy retained its third position in October, rebounding from flat growth in September to post a robust 53% increase with 28,061 registrations, capturing a strong 19.53% market share. At the end of Fridayโ€™s trading session, Atherโ€™s shares closed at Rs 688.75, giving it a total market capitalization of Rs 26,194.83 crore (approximately $2.97 billion). The company also surpassed Ola Electric in terms of market capitalization. After a 30% month-on-month decline in September, Ola Electric rebounded in October amid festive demand, posting nearly 20% growth with 16,034 registrations and capturing an 11.16% market share. However, its market share dropped sharply from around 30% a year ago. Ola Electricโ€™s shares on Friday closed at Rs 50.24, giving it a market capitalization of Rs 22,160 crore ($2.51 billion). Hero MotoCorp held its fifth position with 11.09% market share, registering 15,934 units in October. Greaves Electric Mobility, which ranked sixth in October, recorded a strong 78.5% month-on-month growth, expanding its market share to 5.31%. BGAUSS also witnessed healthy demand for its electric scooters, posting a 29% month-on-month increase in sales. IPO-bound Pure EV and River Mobility secured the 8th and 9th positions, holding market shares of 1.19% and 1.11%, respectively. Meanwhile, Revolt Motors surpassed Kinetic Green to enter the top 10, registering a strong 92% month-on-month growth in October.

TVS leads May EV 2W sales, Bajaj narrows gap as Ola Electric slips to third

EntrackrEntrackr ยท 6m ago
TVS leads May EV 2W sales, Bajaj narrows gap as Ola Electric slips to third
Medial

In May 2025, the electric two-wheeler (E2W) segment achieved retail sales of 100,266 units, the second-highest monthly figure of the year. TVS Motor led the market with 24,560 units sold, a 107% year-on-year (YoY) growth, securing a 24% market share. Bajaj Auto followed closely with 21,770 units, a 135% YoY growth, holding a 22% market share. Ola Electric experienced a 51% YoY sales decline to 18,499 units but maintained an 18% market share. Ola slipped to third position behind Bajaj. Ather Energy sold 12,840 units, representing a 109% increase, gaining a 13% market share and surpassing Ola Electric in Q4 FY25 revenue with Rs 676 crore compared to Ola's Rs 611 crore. Hero MotoCorp re-entered the EV market with a 191% sales increase to 7,164 units.

TVS retains top spot in August 2W EV sales; Ola Electric overtakes Bajaj, Ather rises to third

EntrackrEntrackr ยท 3m ago
TVS retains top spot in August 2W EV sales; Ola Electric overtakes Bajaj, Ather rises to third
Medial

TVS retains top spot in August 2W EV sales; Ola Electric overtakes Bajaj, Ather rises to third TVS Motor retained its leadership in the electric two-wheeler (E2W) segment in August, securing a 23.09% market share, as overall industry volumes grew 1.4% month-on-month to 1,04,306 registered units. According to Vahan data, TVS registered 24,087 units in August, an 8.38% month-on-month increase over July. Ola Electric jumped to the second position, overtaking Bajaj, with an 18.19% market share after registering 18,972 units in August, up 6.3% from last month. Following this development, its share price surged over 11% today to around Rs 60.2 with a market cap of Rs 26,464.98 crore ($3 billion). Ather Energy moved up to the third position with a 17.12% market share, narrowing the gap with Ola Electric by registering 17,856 units in August, a 10% rise from last month. On a year-on-year basis, it recorded over 60% growth in registrations. Ather, which became the second EV startup after Ola Electric to list on the Indian stock exchange, is currently trading at Rs 475, up over 5% today, with a market capitalization of Rs 17,654.59 crore ($2 billion). Hero MotoCorp climbed one spot to fourth position with a 12.76% market share, registering 13,313 units in August, a strong 26.92% month-on-month growth over July, showing momentum in demand for its electric two-wheelers. Bajaj Auto slipped to fifth position in August from second, posting a sharp 40.3% month-on-month drop with 11,730 units. Its market share fell to 11.25% from 19.10% in July. Greaves Electric Mobility and IPO-bound Pure EV held their sixth and seventh positions in the market, posting month-on-month growth of 7.17% and 5.39%, respectively. BGauss, River Mobility, and Kinetic Green also reported solid month-on-month growth of 7.97%, 9.23%, and 23.51%, respectively.

Download the medial app to read full posts, comements and news.