TVS Motor Dominates Electric Two-Wheeler Market in February; Ola Slips to Seventh

• TVS Motor led India's electric two-wheeler market in February 2026 with 29,231 units, capturing a 28.9% share.
• Ola Electric, once a market leader, dropped significantly to the seventh position with only 3,783 units and a 3.7% share.
• Bajaj Auto secured the second spot with 22,942 registrations (22.7% share), followed by Ather Energy at third with 18,726 units (18.5% share).
• Hero MotoCorp's Vida brand ranked fourth with 11,356 registrations, indicating a gradual expansion in its EV operations.
• The shift highlights legacy manufacturers like TVS, Bajaj, and Hero strengthening their hold as Ola's market share declines.