 "Buoyed up by distribution expansion, a bevy of new launches, and the entry of Honda Motorcycles with electric Activa, two-wheeler manufacturers are confident that electric scooter (e-scooter) penetration could rise to a fourth or fifth of the total")
Bajaj Auto has staged a remarkable turnaround in the electric two-wheeler market. After a sluggish start, the legacy automaker accelerated sharply in FY25, more than doubling its electric scooter registrations and nearly doubling its market share within 12 months — largely at the expense of its key rival, Ola Electric. Competitors TVS Motor Company and Ather Electric managed to hold their ground, maintaining their market shares at FY24 levels.
Bajaj Auto’s electric scooter registrations surged by 109 per cent to 224,056 units in FY25, according to VAHAN data as of March 30, up from just 107,000 in FY24 This growth
