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India’s EV two-wheeler sales up 24% in January, Ola leads

India’s electric two-wheeler market grew by 24% month-on-month (MoM) in January 2025. Total registrations rose to 91,264 units from December’s 73,651 units, according to Vahan data.

Ola Electric led the market with a 64% MoM growth, selling 22,656 units and increasing its market share to 25%. This performance positioned Ola Electric ahead of competitors such as TVS Motor and Bajaj Auto.

TVS Motor saw a 27% MoM increase to 22,080 units, while Bajaj Auto registered 20,176 units, growing by 10%.

Ather Energy’s sales rose by 15% MoM to 12,101 units, though its market share fell to 13.2%.

Meanwhile, Greaves Electric Mobility, through its Ampere brand, saw a 20% increase in registrations, totaling 3,411 units.

Newcomer River experienced significant growth, with a 201% rise in sales reaching 588 units. Oben Electric and Ultraviolette rising 198% and 26% MoM, respectively.

Overall, EV registrations across all categories in India grew by 11% MoM to 167,000 units in January 2025.

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