Ola Electric has the largest market share in India's electric two-wheeler (E2W) market. In 2023-24, Ola's market share was 35%, and in the first quarter of 2024-25, it was 49%.
Legacy automaker TVS Motor and Bhavish Aggarwal-led Ola Electric have emerged as the top two players in Indiaโs fast-growing electric two-wheeler (E2W) market for April, overtaking Bajaj Auto in total registrations.
According to Vahan data as of May
Market Share of Ola Electric (2024) โก๏ธ
โข June: 49%
โข July: 39%
โข August: 32%
โข September: 27%
โข October: 30%
Ola Electric Sold 41,605 Units in October
They Sold 24,726 Units in September
Olaโs EV Market Share Increased Slightly in Oct
Indian Two-Wheeler Market Insights ๐
Discover the latest market share stats for two-wheeler companies in India as of Nov 2024!
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Mahendra Lochhab
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Hero MotoCorp consistently holds the largest market share in the Indian two-wheeler industry.
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Laxit Rana
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๐ Observation in the electric vehicle landscape
When we look at the E2W (Electric Two-Wheeler) segment, it's clear that heavyweights like Ola and Ather dominate the scene. These brands have become household names, leading the charge with innovati