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2-Wheeler Retail Sales July 2026 (Vahan Data): Check Top-20 Brands List
July 2026 brought major shifts to India's overall two-wheeler landscape. According to the latest Vahan retail registration figures, Honda Motorcycle and Scooter India (HMSI) reclaimed the top position in total two-wheeler registrations, displacing Hero MotoCorp. Meanwhile, performance among pure-play EV players and legacy giants presents a dynamic mix of steady growth and sharp MoM recalibrations.
July 2026 Two-Wheeler Vahan Retail Sales Table
The table below highlights the performance of the top 20 manufacturers across all states in India for June and July 2026, complete with calculated Month-over-Month (MoM) growth rates.
S No | Maker | Jul 2026 | Jun 2026 | MoM Growth (%) |
1 | HONDA MOTORCYCLE AND SCOOTER INDIA (P) LTD | 4,40,961 | 4,26,931 | +3.29% |
2 | HERO MOTOCORP LTD | 4,15,534 | 4,50,197 | -7.70% |
3 | TVS MOTOR COMPANY LTD | 3,55,360 | 3,44,918 | +3.03% |
4 | BAJAJ AUTO LTD | 1,68,101 | 1,77,650 | -5.38% |
5 | SUZUKI MOTORCYCLE INDIA PVT LTD | 99,133 | 1,02,963 | -3.72% |
6 | ROYAL-ENFIELD (UNIT OF EICHER LTD) | 87,970 | 89,853 | -2.10% |
7 | INDIA YAMAHA MOTOR PVT LTD | 65,747 | 66,204 | -0.69% |
8 | ATHER ENERGY LTD | 28,453 | 30,082 | -5.41% |
9 | OLA ELECTRIC TECHNOLOGIES PVT LTD | 12,874 | 14,902 | -13.61% |
10 | GREAVES ELECTRIC MOBILITY LTD | 9,310 | 10,156 | -8.33% |
11 | RIVER MOBILITY PVT LTD | 5,938 | 4,450 | +33.44% |
12 | BGAUSS AUTO PRIVATE LIMITED | 5,459 | 3,949 | +38.24% |
13 | CLASSIC LEGENDS PVT LTD | 4,132 | 4,285 | -3.57% |
14 | PIAGGIO VEHICLES PVT LTD | 3,622 | 3,278 | +10.49% |
15 | SIMPLEENERGY PVT LTD | 1,587 | 1,333 | +19.05% |
16 | LECTRIX E VEHICLES PVT LTD | 1,290 | 995 | +29.65% |
17 | REVOLT INTELLICORP PVT LTD | 1,218 | 852 | +42.96% |
18 | QUANTUM ENERGY LTD. | 968 | 1,044 | -7.28% |
19 | BOUNCE ELECTRIC 1 PVT LTD | 943 | 1,283 | -26.50% |
20 | ULTRAVIOLETTE AUTOMOTIVE PVT LTD | 688 | 483 | +42.44% |
SOURCE: VAHAN DASHBOARD
Key Market Highlights
1. HMSI Reclaims No.1 Spot from Hero MotoCorp
The biggest headline in July 2026 is Honda Motorcycle & Scooter India (HMSI) climbing to the top position with 4,40,961 units (+3.29% MoM growth). Hero MotoCorp, which led in June with 4.50 lakh units, experienced a 7.70% MoM drop to 4,15,534 units, handing Honda the lead in total two-wheeler retail volume.
2. TVS Gains Ground; Legacy Volume Concentration Remains Strong
TVS Motor Company delivered solid growth (+3.03% MoM) to reach 3,55,360 units in July, consolidating its #3 rank. On the other hand, Bajaj Auto (-5.38%), Suzuki (-3.72%), and Royal Enfield (-2.10%) recorded slight contractions heading into the pre-festive lull.
3. EV Startups Experience Divergent Trajectories
Among pure EV players, market leaders saw volume corrections: Ather Energy dipped 5.41% to 28,453 units, and Ola Electric fell 13.61% to 12,874 units. However, fast-emerging challengers recorded significant MoM spikes: Revolt Intellicorp (+42.96%), Ultraviolette (+42.44%), BGAUSS (+38.24%), and River Mobility (+33.44%) posted impressive growth.
