Electric two-wheeler (E2W) registrations in India increased by 8.4% month-on-month in May, reaching 1.70 lakh units from 1.57 lakh units in April, according to Vahan data reported by inc42.com. This follows a 20% decline in April and marks a nearly 69% year-on-year growth from 1.01 lakh units in May 2025. The surge comes amid rising fuel prices, with petrol crossing ₹100 per litre last month.
Most leading original equipment manufacturers (OEMs) reported moderate month-on-month gains in registrations, while smaller players continued to see double-digit declines, inc42.com noted. Market leader TVS Motor retained its top position with 42,376 units registered in May, a 5.9% increase from 40,011 units in April. TVS recently launched a new 4.7 kWh variant of its iQube electric scooter priced at ₹1.37 lakh, expanding its presence to over 1,000 cities through 3,300 dealerships.
The rise in E2W registrations coincides with multiple fuel price hikes, including a ₹10 increase per litre of petrol, diesel, and CNG, which has renewed consumer interest in electric vehicles. Automakers are also offering discounts and financing schemes to boost sales after flat growth in 2025. The E2W segment’s highest-ever registrations were recorded in March at 1.92 lakh units, driven by geopolitical tensions affecting fuel costs, according to inc42.com.
TVS Motor’s continued market dominance, supported by new product launches and expanded dealership networks, highlights the evolving competitive landscape. The next official registration data release will provide further insights into whether this upward trend in electric two-wheeler adoption sustains amid fluctuating fuel prices and policy support.