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TVS, Bajaj Maintain Lead In EV 2-Wheeler Market In July Despite Decline In Registrations

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SUMMARY

TVS and Bajaj dominated E2W registration in July but both companies experienced nearly an 18% MoM decline in their registration numbers

Total EV two wheeler registrations declined nearly 9% to 96,686 in July on an MoM basis

In July, Ather captured 14.8% E2W market share, closely trailing Ola’s 15.9% share in the segment

Automotive majors TVS Motor and Bajaj Auto continued to dominate electric vehicle two-wheeler (E2W) registrations in July, holding on to their…

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