July FY26 Sees First Two-Wheeler EV Sales Dip; Legacy Brands Lead
By : Krishna Mishra
Monthly sales of electric two-wheelers in India slid for the first time this financial year in July, after recording considerable year-on-year increases in the previous three months, data from the Union government’s Vahan registry portal showed.
Legacy manufacturers TVS Motor Co Ltd and Bajaj Auto Ltd, however, kept the top two spots, followed by Ola Electric Mobility Ltd in the third place in July.
Bengaluru-based electric vehicle maker startup Ather Energy Ltd saw a significant jump in its market share in July compared with the same month of the previous fiscal year.
Electric two-wheeler sales dipped a little over 4% to 102,871 units in July, compared with 107,654 units in the same month last fiscal, after monthly sales in the first quarter of FY26 rose about 31% year-on-year.