Electric Two-Wheeler Sales June 2025 & FY25: TVS, Ola, Ather, Hero, Bajaj Compete for Market Share
India’s electric two-wheeler (2W EV) market continued to evolve in June 2025, reflecting both competitive momentum and shifting consumer preferences. With key players like TVS, Ola Electric, Ather Energy, Hero MotoCorp, and Bajaj Auto vying for dominance, June saw varying trends in retail sales, providing insight into what FY25 may hold.
2W EV Retail Sales – June 2025 Highlights
The electric scooter and motorcycle segment in India has rapidly matured, driven by increasing awareness, government incentives, and expanding charging infrastructure. June 2025 retail sales figures reflect the growing intensity of competition.
Top Performing 2W EV Brands – June 2025
| Rank | Brand | June 2025 Sales | June 2024 Sales | YoY Growth |
|---|---|---|---|---|
| 1 | TVS iQube | 14,225 | 14,429 | -1.41% |
| 2 | Ola Electric | 13,738 | 17,551 | -21.72% |
| 3 | Bajaj Chetak | 10,304 | 4,799 | +114.7% |
| 4 | Ather Energy | 6,959 | 5,880 | +18.3% |
| 5 | Hero MotoCorp (Vida) | 2,301 | 851 | +170.3% |
TVS iQube narrowly retained the top spot, despite a marginal YoY decline. Ola Electric, once the undisputed EV leader, saw a sharp 21.7% drop in retail numbers, suggesting pressure from legacy OEMs and customer realignment.
Meanwhile, Bajaj Auto’s Chetak EV recorded a massive 114.7% YoY surge, making it one of the fastest-growing electric scooters in the country. Ather Energy and Hero Vida also posted positive growth, with Hero marking a 170% jump as it continues to scale its EV operations.
2W EV Cumulative Sales in FY25 So Far (April–June 2025)
| Brand | FY25 Q1 Sales (Apr–Jun) |
|---|---|
| TVS iQube | 45,003 |
| Ola Electric | 39,773 |
| Bajaj Chetak | 24,829 |
| Ather Energy | 21,223 |
| Hero Vida | 5,298 |
TVS continues to lead the cumulative FY25 sales, followed by Ola and Bajaj. The performance in Q1 FY25 indicates that traditional automakers like TVS and Bajaj are steadily closing the gap with EV-first brands such as Ola and Ather.
Market Trends & Insights
- Shift in Market Dynamics: EV-first brands like Ola and Ather are facing rising competition from ICE-established brands leveraging their manufacturing scale and dealership reach.
- Government Support: FAME-II subsidies, PLI schemes, and state-level incentives continue to boost consumer adoption of electric two-wheelers.
- Rising Infrastructure: The increase in public charging stations and battery swapping networks is accelerating confidence among buyers.
FAQs – Electric Two-Wheeler Sales June 2025
Q1. Which is the highest-selling electric two-wheeler in June 2025?
A: The TVS iQube was the best-selling electric two-wheeler in June 2025, with 14,225 units sold.
Q2. How did Ola Electric perform in June 2025?
A: Ola Electric recorded 13,738 retail sales, marking a YoY decline of 21.7% compared to June 2024.
Q3. Which EV brand showed the highest YoY growth in June 2025?
A: Hero MotoCorp (Vida) posted the highest YoY growth of 170.3%, followed by Bajaj Chetak at 114.7%.
Q4. Who leads cumulative FY25 sales so far?
A: TVS iQube leads FY25 (April–June) sales with 45,003 units, ahead of Ola and Bajaj.
Q5. Are traditional ICE manufacturers outperforming EV startups?
A: Yes, traditional players like TVS and Bajaj are rapidly catching up and, in some cases, surpassing EV-first brands like Ola and Ather, thanks to wider service networks and established trust.
