Electric two wheeler sales October 2026 brand wise TVS Bajaj Ather Vida Ola

Electric Scooter Sales October 2026: TVS Record 60,429, Brand-Wise

AUTOFY.blogEV SALESElectric Scooter SalesOctober 2026: TVS Record60,429, Brand-WiseBrand-wise Vahan registrations, market share and what buyersshould know autofystore.com • India's Digital-First Auto Accessories Brand
AUTOFY DESK   11 Nov 2026  •  6 min read
⚡ THE QUICK ANSWER
  • October 2026 e-2W registrations: record 2,23,847, up 48% YoY and 7% MoM.
  • TVS led with a record 60,429 units (27%); Bajaj Chetak second with 49,067.
  • Vida (29,901) is just 1,895 units behind Ather (31,796).
  • Ola Electric fell 26% to 12,096 units.

India bought 2,23,847 electric two-wheelers in October 2026, a record month and the second record in a row. TVS delivered its best ever number, 60,429 units, and only one of the top ten brands, Ola Electric, sold less than a year ago. Here is who won, who slipped and what it means if you are buying.

2,23,847
e-2W registrations, Oct 2026 (record)
60,429
TVS Motor, a record, 27% share
+48%
Up from 1,50,891 in Oct 2025

About 10% of the 23.1 lakh two-wheelers sold in October were electric. From January to October 2026, e-2W sales reached about 17.9 lakh units. Month on month, the industry grew 7% over September's 2,08,705.

Brand-wise electric two-wheeler sales, October 2026

The table uses one dataset: Vahan registrations as published on 1 and 2 November 2026 (total 2,23,847). Market share is each brand's units divided by that total. Month-on-month figures are from evfy only, so other outlets do not state them.

Rank Brand Oct 2026 units Share YoY MoM vs Sept 2026
1 TVS Motor 60,429 27.0% +94% +11%
2 Bajaj Auto (Chetak) 49,067 21.9% +51% Under +1%
3 Ather Energy 31,796 14.2% +5% About +3%
4 Hero MotoCorp (Vida) 29,901 13.4% +81% +22%
5 Ola Electric 12,096 5.4% -26% Not stated
6 Greaves (Ampere) 10,838 4.8% +40% Not stated
7 River 6,796 3.0% +273% Not stated
8 BGauss 5,554 2.5% +81% Not stated
9 E-Sprinto 2,124 0.9% +109% Not stated
10 Motovolt 1,702 0.8% +158% Not stated
Vahan registrations, October 2026. Shares calculated on the 2,23,847 total. | Source: Vahan registrations as reported by Autocar Professional, Autocar India, evfy (1 to 2 Nov 2026)
Top 6 brands, October 2026 (units)unitsAUTOFYTVS60,429Bajaj49,067Ather31,796Hero Vida29,901Ola12,096Ampere10,838 Source: Vahan registrations as reported by Autocar Professional, Autocar India, evfy (1 to 2 Nov 2026)Chart by Autofy • autofystore.comYear-on-year change, October 2026 vs October 2025 (%)% YoYAUTOFYRiver+273%Motovolt+158%E-Sprinto+109%TVS+94%Hero Vida+81%BGauss+81%Bajaj+51%Greaves Ampere+40%Ather+5% Source: Autocar Professional, Autocar India, evfy. Ola (-26%) not shown as the chart has no negative axis.Chart by Autofy • autofystore.com

The top six brands together sold 1,94,127 units, an 87% share. That leaves roughly 200 smaller brands to share the remaining 13%.

Winners and losers

TVS and Bajaj pull away

TVS sold 60,429 units, up 94% from 31,076 a year ago, and its share rose from 21% to 27%. Bajaj's Chetak sold 49,067, up 51%. TVS now leads Bajaj by 11,362 units, up from roughly 5,700 in September.

Vida closes in on Ather

Ather sold 31,796 units, up only 5% on last year, and its share fell from 20% to about 14%. Hero's Vida jumped 81% to 29,901. The Ather lead over Vida is down to 1,895 units, from 6,505 in September and 13,747 in October 2025. Ather points to capacity limits.

Ola is the one decliner

Ola Electric sold 12,096 units, down 26% from 16,439, and its share fell from 11% to about 5%. Autocar India puts the slide down to intense competition. Smaller names did well: River grew 273% to 6,796, and Ampere rose 40% to 10,838.

Why October was a record

  • Festive demand: Navratri and Dussehra fell in October, and the Dhanteras and Diwali rush in early November is expected to show up in next month's numbers.
  • Battery-as-a-Service: buying the scooter without the battery and paying rent lowers the upfront price. TVS, Hero and Ather offer it.
  • New models: Hero launched the Vida VX2 Go and Plus, and Greaves launched the Ampere Nexus EX+ in early October.
  • Petrol prices: evfy reports several hikes since May 2026 nudged petrol scooter buyers towards electric.
i What about the subsidy?
The central PM E-DRIVE incentive for electric two-wheelers is still available. In August 2026 the government extended it to 31 March 2028 (it was earlier due to end on 31 July 2026), at Rs 2,500 per kWh, capped at Rs 5,000 per vehicle or 15% of the ex-factory price, whichever is lower. The scheme is fund-limited, so it could close earlier if the money runs out. Ask your dealer how much of it is reflected in the on-road price, and about any state incentive.

What it means if you are buying

Demand is running ahead of supply. Bajaj says Chetak demand exceeds available capacity and plans to lift output from about 62,000 to around 80,000 units a month in Q1 2027. TVS is raising iQube and Orbiter output from 60,000 to 65,000 a month to 80,000. Expect possible waiting periods on popular variants, and book early if you want delivery before the wedding season.

Autocar India sees November possibly crossing October, toward about 2.5 lakh, if the Diwali rush holds. That is a projection, not a result.

Essentials for your new e-scooter

A new scooter deserves protection. A Hydra waterproof bike and scooter cover (from Rs 789) shields it from rain and sun. Keep your helmet safe with a heavy duty 4 digit helmet lock (Rs 289) or a simpler 4 digit helmet lock (Rs 279), and add a 4 digit wire cable lock (Rs 279) for extra peace of mind.

For cleaning, the DustMag duster for car and bike (Rs 699) handles daily dust, and a 1200 GSM microfiber towel (Rs 379) gives a streak-free finish.

Autofy Motoplay 5 inch waterproof bike navigation screen
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Please note: it is built for 12V DC bikes. Before buying for an electric scooter, check with your dealer or installer whether your model offers a suitable 12V accessory supply. This is the Without TPMS version.

Key takeaways

  • October 2026 e-2W registrations hit a record 2,23,847, up 48% year on year and 7% on September.
  • TVS led with a record 60,429 units and 27% share; Bajaj was second with 49,067.
  • Vida (29,901) is within 1,895 units of Ather (31,796).
  • Ola Electric was the only top ten brand to fall, down 26%.
  • Supply is tight at TVS, Bajaj and Ather, so book early.
check Autofy verdict
TVS iQube and Bajaj Chetak are the safe, popular picks, but their demand is outrunning supply, so check delivery dates. Vida is a strong value alternative with rising momentum. If you need a particular variant soon, book now rather than waiting for November numbers.

Frequently asked questions

Which brand sold the most electric scooters in October 2026?
TVS Motor, with a record 60,429 units and about 27% market share, followed by Bajaj Auto (Chetak) at 49,067 units.
How many electric two-wheelers were sold in October 2026?
The Vahan count was 2,23,847 units, a record, up 48% from 1,50,891 in October 2025 and 7% above September's 2,08,705.
Did Ola Electric sales fall in October 2026?
Yes. Ola sold 12,096 units, down 26% from 16,439 a year earlier, and was the only top ten brand to decline.
Is the PM E-DRIVE subsidy still available?
Yes. In August 2026 it was extended to 31 March 2028 at Rs 2,500 per kWh, capped at Rs 5,000 per vehicle (or 15% of ex-factory price, whichever is lower). It is fund-limited, so it may end earlier. Ask your dealer about state benefits too.
Why do totals differ between websites?
Vahan data changes as registrations are updated, so outlets pulling it on different dates can show slightly different totals. This article uses the figures published on 1 and 2 November 2026.
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Sources & data
  1. Autocar Professional: Diwali comes early for electric 2Ws
  2. Autocar India: e-two-wheeler sales cross a record 2.23 lakh units
  3. evfy: Electric scooter sales October 2026
  4. Autocar India: PM E-Drive e-2W subsidy extended to March 2028
All charts and infographics © Autofy (Vendorskart Online Services Pvt. Ltd.), built from the sources above. Prices are ex-showroom and indicative; verify on-road pricing with your dealer. Last updated 11 Nov 2026. This article is informational and not financial or purchase advice.
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