TVS Motor Company’s EV sales are off to a solid start this year as it posted its highest ever monthly sales of its electric two-wheelers in January. The company sold 31,731 units this month, commanding a 28.8% market share. The legacy automaker also sold the most number of EVs in 2025, which stood at 2,99,195 units. Meanwhile, peer Bajaj Auto sold 22,921 units, taking 20.7% market share in January. Sequentially, the company saw its sales increase 21% from 18,939 units in December, according to Vahan data. Tarun Mehta-led Ather Energy, which is slated to post its third-quarter results today, sold 19,760 units last month, commanding a 17.9% market share. The firm maintained its position as the third largest E2W manufacturer in India—a position it had gained after rival Bhavish Aggarwal-led Ola Electric saw plunging EV sales last year. Also ReadOla Electric to lay off 5% of its workforceOla Electric’s decline in sales has helped Hero MotoCorp to become the fourth-largest E2W maker in India. The firm sold 11,914 units in January, capturing a 10.8% of the market share, data showed. Ola Electric saw its sales decline sequentially. The company managed to sell only 6,747 units in January, capturing a mere 6.1% of the total EV… Read MoreYourStory RSS Feed
