Legacy automaker TVS Motor and Bhavish Aggarwal-led Ola Electric have emerged as the top two players in India’s fast-growing electric two-wheeler (E2W) market for April, overtaking Bajaj Auto in total registrations. According to Vahan data as of May 1, 2025, nationwide two-wheeler EV registrations fell by 30%, dropping to 91,794 units in April from 1.31 lakh units in March.
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