Electric 2-Wheeler Retail Sales for July 2026: Check Top-20 Brands List

The transition toward electric mobility in the Indian two-wheeler space is accelerating, but the power dynamics are rapidly shifting. Analyzing the July 2026 Vahan retail sales data reveals a market where scale, distribution, and manufacturing maturity are heavily rewarding established legacy brands, while several early EV pioneers are facing headwinds.

July 2026 Vahan Retail Sales

Here is the detailed breakdown of the top 20 manufacturers across all states, comparing July 2026 performance against the preceding month.

S No	Maker	Jul 2026	Jun 2026	MoM Growth
1	TVS MOTOR COMPANY LTD	50,673	43,354	+16.88%
2	BAJAJ AUTO LTD	42,186	40,096	+5.21%
3	ATHER ENERGY LTD	28,453	30,082	-5.41%
4	HERO MOTOCORP LTD	20,200	19,026	+6.17%
5	OLA ELECTRIC TECHNOLOGIES PVT LTD	12,874	14,902	-13.61%
6	GREAVES ELECTRIC MOBILITY LTD	9,310	10,156	-8.33%
7	RIVER MOBILITY PVT LTD	5,938	4,450	+33.44%
8	BGAUSS AUTO PRIVATE LIMITED	5,459	3,949	+38.24%
9	SIMPLEENERGY PVT LTD	1,587	1,333	+19.05%
10	LECTRIX E VEHICLES PVT LTD	1,290	995	+29.65%
11	REVOLT INTELLICORP PVT LTD	1,218	852	+42.96%
12	QUANTUM ENERGY LTD.	968	1,044	-7.28%
13	BOUNCE ELECTRIC 1 PVT LTD	943	1,283	-26.50%
14	HONDA MOTORCYCLE AND SCOOTER INDIA (P) LTD	837	703	+19.06%
15	ULTRAVIOLETTE AUTOMOTIVE PVT LTD	688	483	+42.44%
16	MOTOVOLT MOBILITY PVT LTD	646	701	-7.85%
17	KINETIC GREEN ENERGY & POWER SOLUTIONS LTD	628	506	+24.11%
18	SUZUKI MOTORCYCLE INDIA PVT LTD	567	521	+8.83%
19	KINETIC WATTS AND VOLTS LTD	520	272	+91.18%
20	KLB KOMAKI PVT LTD	481	526	-8.56%

Key Market Dynamics for July

TVS Crosses the 50k Milestone

TVS Motor Company has extended its lead dramatically, surpassing the 50,000 unit mark with a stellar 16.88% Month-over-Month (MoM) growth. Together with Bajaj Auto (+5.21%), the legacy duo is proving that extensive dealership networks and consumer trust play a critical role in scaling EV volumes.

Top-Tier Startups See Corrections

It was a challenging month for the major pure-play EV brands. Ather Energy, while maintaining a comfortable third place, saw a 5.41% drop to 28,453 units. Ola Electric faced a steeper decline of 13.61%, falling under the 13k mark. Greaves Electric also dipped by 8.33%, indicating broader recalibration among early movers.

The Mid-Tier Expansion

The most explosive growth in July came from challengers further down the leaderboard. River Mobility (+33.44%), BGauss (+38.24%), and Revolt (+42.96%) all posted highly aggressive MoM gains. Ultraviolette also notably expanded by 42.44%, showcasing growing appetite in the premium performance tier.