India, June 2 -- Legacy automotive player TVS Motor held its ground against rivals Bajaj Auto and Ola Electric in India's electric two-wheeler market (E2W) in May, with registrations of its escooters surging nearly 19% to 23,704 units last month from 19,938 units in April.
Amid an increase in registrations of its EV units, TVS saw its market share increase to 26.5% in May from 21.6% in the previous month.
Overall, E2W registrations across the country grew a modest 4% to 96,114 units in May from 92,387 units in April, according to Vahan data as of May 31, 2025. On a year-on-year basis, E2W registrations surged over 24% from 77,331 units.
Bajaj Auto surpassed Ola Electric yet again in May in terms of escooter sales. Registrations of Baja...
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