EV Two-Wheeler Sales May: Ola Electric Registrations Jump 22% as Market Rebounds

India's electric two-wheeler market rebounded in May 2026, with reported retail volumes crossing 1.64 lakh units. The market rose about 9 percent month-on-month and 63 percent year-on-year, while TVS stayed ahead and Bajaj narrowed the gap.

What you need to know

• Total e2W sales crossed 1.64 lakh units in May 2026.

• The market was up about 9 percent over April.

• Year-on-year growth was around 63 percent.

• TVS stayed No.1 with more than 41,500 units.

• Bajaj crossed 37,700 units, while Ola recovered to nearly 15,000 units.

The May leaderboard story

The biggest signal is that established two-wheeler companies are now shaping the electric scooter leaderboard. TVS continues to lead, Bajaj is close behind with the Chetak portfolio, and Ola's recovery adds competition without changing the top-order message.

India e2W sales snapshot

What it means for EV buyers

The rebound suggests electric scooters remain a serious urban mobility choice, especially when fuel prices and running costs are top of mind. For buyers, the stronger role of legacy OEMs may also mean wider service networks, more retail confidence and more model options in the months ahead.

FAQs

How many electric two-wheelers were sold in India in May 2026?

Reported May 2026 electric two-wheeler sales crossed 1.64 lakh units.

Which brand led India's e2W sales in May 2026?

TVS stayed ahead with more than 41,500 units.

Did Ola Electric recover in May 2026?

Ola Electric reportedly grew month-on-month to nearly 15,000 units, extending its recovery trend.

May 2026 was a rebound month for India's e2W market, but the bigger story is the shifting balance of power: legacy OEMs are increasingly setting the pace.