Electric two-wheelers crossed the two lakh unit mark for the first time, while EVs accounted for a record 11.24% share of India’s two-wheeler marketIndia’s electric two-wheeler market continued its rapid expansion in July 2026. Electric 2W Retail Sales July 2026TVS Motor retained its position as the country’s largest electric two-wheeler manufacturer with 55,499 retail registrations in July. While retail sales grew 70.22% YoY, registrations declined 3.46% MoM from 31,445 units in June. Ola Electric, however, remained under pressure, with retail registrations falling to 14,106 units, down 23.54% YoY and 13.19% MoM. EV Adoption Continues To AccelerateCrossing the 2 lakh monthly retail milestone and achieving an 11.24% market share marks another important milestone for India’s electric two-wheeler industry.