TVS retains top spot in August 2W EV sales; Ola Electric overtakes Bajaj, Ather rises to third

TVS Motor retained its leadership in the electric two-wheeler (E2W) segment in August, securing a 23.09% market share, as overall industry volumes grew 1.4% month-on-month to 1,04,306 registered units.

According to Vahan data, TVS registered 24,087 units in August, an 8.38% month-on-month increase over July.

Ola Electric jumped to the second position, overtaking Bajaj, with an 18.19% market share after registering 18,972 units in August, up 6.3% from last month. Following this development, its share price surged over 11% today to around Rs 60.2 with a…