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e2W registrations rise 27.5% in December; TVS tops chart

January 02, 2026

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Business Standard

Electric two-wheeler (e2W) registrations surged to 93,619 in December 2025, registering a year-on-year (Y-0-Y) increase of 27.5 per cent in the last month of the year just gone by.

- SURAJEET DAS GUPTA

Based on Vahan numbers for December, TVS has taken a substantial lead over its rival Bajaj Auto by grabbing more than a fourth of the total e2W market (at 26.7 per cent share). Bajaj Auto lost momentum in December after a big push in sales in October and November, when it hit 25,698 vehicle registrations with a 22 per cent share. In December, its registrations fell to 18,790 and market share dropped to 20 per cent, but it still held on to the second spot.

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