Top 15 Electric 2W Brands March 2026: TVS Leads, Ola Drops to 5th
The electric two-wheeler market in India saw intense competition in March 2026, with legacy manufacturers strengthening their hold. TVS Motor Company emerged as the clear leader, while Ola Electric witnessed a significant drop in rankings.
Top 15 Electric 2W Brands March 2026
| Rank | Brand | Sales (Units) |
|---|---|---|
| 1 | TVS | 49,453 |
| 2 | Bajaj | 46,246 |
| 3 | Ather | 35,688 |
| 4 | Hero | 21,434 |
| 5 | Ola Electric | 10,117 |
| 6 | Greaves (Ampere) | 7,965 |
| 7 | River | 4,146 |
| 8 | BGauss | 3,680 |
| 9 | Simple Energy | 1,744 |
| 10 | E-Sprinto | 1,510 |
| 11 | Revolt | 1,328 |
| 12 | Lectrix | 782 |
| 13 | Motovolt | 780 |
| 14 | Quantum Energy | 615 |
| 15 | Oben Electric | 573 |
TVS Motor Company topped the charts with 49,453 units, driven by strong demand for the iQube and Orbiter. Bajaj Auto followed closely with 46,246 units, while Ather Energy secured third place with 35,688 units.
Hero MotoCorp held fourth position with 21,434 units as its Vida range continues to expand across India. In a major shift, Ola Electric slipped to fifth place with 10,117 units, highlighting rising competition in the segment.
Ampere by Greaves stood sixth with 7,965 units, while emerging player River recorded 4,146 units. BGauss and Simple Energy followed with 3,680 units and 1,744 units respectively, showing gradual growth.
Key Trends and Market Insights
The biggest takeaway from March 2026 is the dominance of legacy OEMs such as TVS, Bajaj, and Hero, which have strengthened their position with consistent product strategies.
Ola Electric’s drop signals a major shift in the market, as it faces pressure from both established brands and newer entrants.
Ather continues to maintain stable growth, while brands like River and Simple Energy are slowly building momentum in the EV space.
Overall, the electric two-wheeler segment in India is becoming more competitive and balanced, with multiple players now contributing to market growth.
