Ola Electric's 2025 Sales Halve as Rivals TVS, Bajaj, Ather Surge in India's EV Market

• Ola Electric's retail sales plummeted over 51% in 2025 to 199,318 units, losing significant market share despite overall EV market growth.
• TVS Motor Company retained market leadership with 298,881 units, a 35.35% increase, while Bajaj Auto rose to second with 269,847 units (up 39%).
• Ather Energy emerged as the third-largest player, selling 200,797 units with 58.1% growth, driven by models like Rizta and 450 series.
• Hero MotoCorp's Vida brand recorded the fastest growth, more than doubling sales to 109,168 units, indicating strong competition.
• India's electric two-wheeler market grew 11.36% overall in 2025, reaching 1,279,951 units, but saw significant shifts in manufacturer performance.

Why It Matters: Ola Electric's market dominance challenged as rivals surge in India's competitive EV two-wheeler sector.