Bajaj Auto, which makes the Chetak scooter, holds a 26.8% market share, while TVS Motor sold 30,454 units, capturing 23.4%. Ola Electric sold 23,430 units, bringing its market share down to 18% from February’s 25,000 units.
Bajaj Auto has taken the lead in India’s two-wheeler EV market, surpassing Ola Electric in December. VAHAN data shows Bajaj sold 18,276 EVs, capturing a 24.93% market share, while Ola Electric sold 13,769 units with an 18.78% share.