India's electric two-wheeler market witnessed strong growth in May 2026, with registrations increasing by 58% year-on-year. According to Vahan data, around 1.64 lakh electric scooters and motorcycles were registered during the month, compared to nearly 1.04 lakh units in May last year.

While, experts believe that rising fuel prices and concerns over fuel supply disruptions have played a major role in accelerating EV adoption. With petrol and diesel prices increasing sharply in recent weeks, many consumers are now considering electric vehicles as a more affordable alternative for daily commuting.

Apart from lower running costs, electric two-wheelers are also benefiting from improved charging infrastructure, attractive financing schemes, and a wider range of products across different price segments. Analysts say that buyers are increasingly focusing on the long-term savings offered by EVs, especially those with high daily usage.

TVS Motor Company maintained its leadership position in May with 42,443 registrations, accounting for 25% of the market. The company has successfully leveraged its extensive dealership and service network to make the iQube one of the most popular electric scooters in the country. Close behind was Bajaj Auto, which registered 39,105 units and increased its market share to 23%. The strong performance of the Chetak suggests that consumers are increasingly placing their trust in established brands as the EV market matures.

Ather Energy continued its impressive growth journey, registering 28,190 units during the month. The Bengaluru-based manufacturer saw its market share rise from 13% to 17%, making it one of the fastest-growing brands among the leading players. The company's focus on product quality, charging infrastructure and customer experience appears to be paying off as competition intensifies.

The latest registration data highlights a shift in India's EV two-wheeler market, with established manufacturers strengthening their hold. TVS Motor retained the top spot with 42,443 registrations and a 25 % market share, followed closely by Bajaj Auto at 39,105 units and 23 % share. Ather Energy continued its strong growth, registering 28,190 units and expanding its share to 17 %, while Hero MotoCorp's Vida range climbed to 19,052 units, pushing its market share to 11 %. In contrast, Ola Electric saw registrations fall to 15,139 units, with its market share dropping from 18 % to 9 %. The trend suggests that mainstream buyers are increasingly favouring brands with strong service networks, established reputations and reliable ownership experiences as the EV market matures.

The strong performance of the electric two-wheeler segment highlights the growing shift towards sustainable mobility in India. While challenges such as charging infrastructure expansion and supply chain constraints remain, the current fuel price environment is making EVs an increasingly attractive option for consumers. Analysts expect demand to remain strong in the coming months if fuel prices continue to stay elevated.