The electric vehicle segment in the country has begun the new fiscal year FY26 with a moderate note, after the record volumes reported in March 2025 and throughout the year FY25. However, in an year -on -year base, last month’s volumes showed a remarkable increase.
The total records of the EVs with battery all categories reached 1.67 Lakh units in April 2025, below the 2.05 Lakh units in March 2025, but above the units of 1.16 LAKH in April 2024, according to data on the Vahan portal.
Within this, the two -wheeled electrical segment (E2W) recorded records 91,791 in April 2025, compared to 65,555 units in the same month last year. In March 2025, E2W sales remained in particular higher in 1.31 Lakh of units.
While industry observers generally await a dip in April after the March peak of sales, this year the electrical numbers of two electric wheels exceed the performance of the previous years, even after a strong performance in March. It is also understood that the festive occasion of Akshaya Tritiya contributed to a greater retail activity for the OEM.
In a remarkable shift, the televisions that occupied the second place in the fiscal year25, emerged as the best selling brand in the two -wheeled electric category in April. Ola Electric and Bajaj Auto secured the second and third positions respectively, with only a marginal difference in volumes that separate the three.
TVS Motor reported sales of 19,736 units in April 2025, a strong increase of 7,762 units in April 2024, Altegh of 30,683 units in March 2025.
KN Radhakrishnan, director and CEO or TVS Motor said, during the company’s recent earning and the aforementioned and sold plans of 900 outlets.
Ola Electric sold 19,709 units in April 2025, lower than the 34,163 units that sold in April 2024 and also below 23,557 units in March 2025.
Bajaj Auto followed closely with 19,001 E2W records in April, a significant increase of 7,561 units in the same month last year.
Ather Energy reported sales from 13,167 units last month, compared to 4,144 in April 2024, while Hero Motocorp saw its two -wheel electrical sales at 6,123 units of 956 units per year ACO.
Greaves Mobility, including its ampere brand, registered 4,018 units in April.
The three -wheeled electrical segment was also witnessing strong growth, with 62,531 records in April 2025, compared to 42,039 in April 2024 and exceeding 59,554 units registered in March 2025.
Meanwhile, the Category of Electric Passenger Vehicle (PV), which includes electric cars and SUV, registered 12,204 records in April 2025, an increase of 7,720 units in April 2024 but slightly 12,959 units observed in March 2025.
Tata Motors led the segment with 4,393 units, followed by MG Motor with 3,462 units and Mahindra & Mahindra with 2,978 units.
Posted on May 1, 2025