The Indian electric two-wheeler market witnessed a sluggish performance in February 2025. Despite new product launches by both established automakers and new entrants, sales remained underwhelming. Total electric two-wheeler sales declined to 76,086 units, marking an 8.05% YoY drop from 82,745 units sold in February 2024. MoM sales also saw a sharp 22.15% decline from 97,734 units recorded in January 2025.
Top Electric Two Wheelers in Feb 2025
In a major shift, Bajaj Auto emerged as the segment leader with 21,389 unit sales, driven solely by the success of the Bajaj Chetak. This reflects an 81.82% YoY growth compared to 11,764 units sold in February 2024. MoM sales also increased marginally by 0.37% from 21,310 units sold in January 2025.
TVS iQube continued its upward trend, posting 18,762 unit sales—a 28.16% YoY increase from 14,639 units in February 2024. However, MoM sales dropped by 21.20%, down from 23,809 units in January 2025. TVS also introduced the premium TVS X electric scooter, priced at Rs 2.5 lakh, featuring advanced design and tech.
Ather Sees Growth, While Ola Faces a Major Setback
Ather Energy reported 11,807 unit sales, achieving a 29.80% YoY growth over 9,096 units in February 2024. However, MoM sales dipped 8.52%, compared to 12,906 units in January 2025. Ola Electric, once a dominant force, experienced a sharp decline. Sales fell to 8,647 units, marking a 74.61% YoY and 64.47% MoM drop from 34,063 units in February 2024 and 24,336 units in January 2025. Ola recently launched the Roadster X electric bike, available in five variants, with deliveries set to begin this month.
Greaves Electric recorded 3,700 unit sales, posting a 48.71% YoY growth from 2,488 units in February 2024. It also saw a 2.46% MoM increase over 3,611 units sold in January 2025. Hero MotoCorp, with models like Optima, Photon, and NYX, registered 2,678 unit sales, reflecting 52.42% YoY and 65.82% MoM growth from 1,757 units in February 2024 and 1,615 units in January 2025.
PUR Energy showed an impressive 214.46% YoY growth with 1,566 unit sales, up from 498 units last year. However, MoM sales dropped 5.09%, down from 1,650 units in January 2025. BGauss sales declined to 1,218 units, marking a 9.78% YoY and 16.12% MoM drop.
Other Players in the Market
– Kinetic Green recorded 765 unit sales
– Revolt sold 760 units, marking a 58.33% YoY growth, but a 28.30% MoM decline
– River Mobility posted the highest YoY growth at 617.86%, with 603 unit sales—a sharp rise from 84 units last year. MoM sales improved by 0.67% from 599 units in January 2025.
– Other brands collectively sold 4,191 units, witnessing a 28.87% YoY and 8.49% MoM decline.
Electric Two-Wheeler Financing Option
To finance the purchase of an electric scooter, you can explore two-wheeler loans. And online shopping destinations like Bajaj Mall allow you to book an electric scooter online on website or app on EMIs. Instead of applying for a two-wheeler loan separately, you can book you preferred electric scooter by choosing a suitable EMI plan on Bajaj Mall. Once you confirm the online booking, you will be receive further communication on the two-wheeler loan from Bajaj Finance for your new electric scooter. The entire process of booking an electric scooter online is simple, easy, and fast.
Before opting for a two-wheeler loan, it is advisable to compare loan offers from different lenders to find the most suitable option. Factors such as interest rates, loan tenure, and processing fees should be carefully evaluated to ensure affordability and convenience.
In conclusion, the electric scooter market in India offers a plethora of options catering to diverse needs and preferences. Whether you prioritise range, performance, or affordability, there is an electric scooter available to suit your requirements. By considering factors such as brand reputation, features, and pricing, you can make an informed decision and embark on your journey towards sustainable mobility.
Source: Bike - rushlane.com
