Policy · Mobility & Logistics

E2w registrations drop 27% in April

By Startup Enthusiast · 30 April 2026

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Electric two-wheeler registrations fell to 1.4 lakh units in April from 1.92 lakh in March

Ola Electric registrations rose 20% to 11,391 units, while Ather and TVS dropped over 23%

Ola launched S1 X+ with 4680 Bharat Cell and cut Roadster X+ price by ₹60,000

Electric two-wheeler registrations in India fell 27% month-on-month to 1.4 lakh units in April 2026.
Registrations were up over 50% year-on-year from 92,532 units in April 2025.
Ola Electric registrations rose 20% month-on-month to 11,391 units, increasing its market share to 8% from ~5% in March.
Ather Energy registrations dropped over 23% month-on-month to 25,861 units, with market share slipping to 18.4%.
TVS Motor registrations fell over 23% month-on-month to 35,980 units, holding over 25% market share.
Bajaj Auto registrations declined 27.6% month-on-month to 31,083 units, with market share at 22%.
Hero MotoCorp registrations dropped 28.2% month-on-month to 14,198 units, maintaining 10% market share.

Overall E2W sales in FY26 crossed 14 lakh units, up from 11.5 lakh in FY25, with EV penetration over 6.5%.
Ola Electric launched the S1 X+ escooter with its 4680 Bharat Cell at an introductory price of ₹1.3 lakh in April.
Ola Electric reduced the Roadster X+ 9.1 kWh price by ₹60,000 to ₹1.3 lakh due to in-house cell production and economies of scale.
Ather Energy CEO Tarun Mehta criticised the central government for excluding startups from the PLI auto scheme, citing a 13-16% cost disadvantage for emerging manufacturers.

Ola Electric manufactures electric scooters and motorcycles, including the S1 series and Roadster.
It operates a gigafactory with 2.5 GWh capacity, scaling to 6 GWh.
Ola Electric's in-house LFP cell is ready for deployment, larger than the 4680 Bharat Cell, with integration planned next quarter.
Ather Energy makes electric scooters like the 450 series and operates charging infrastructure.
TVS Motor, Bajaj Auto, and Hero MotoCorp are traditional two-wheeler manufacturers with electric vehicle lines.
River makes the Indie Gen 3 escooter, relaunched at ₹1.44 lakh with new features.
Simple Energy launched the Ultra electric scooter at ₹2.34 lakh with a claimed range of 400 km.
Ultraviolette sells electric motorcycles and expanded to central European markets including Hungary, Croatia, and Romania.

Ola Electric plans to scale its gigafactory to 6 GWh capacity.
Ola Electric will integrate its in-house LFP cell next quarter.
River is expanding its manufacturing capacity.
Simple Energy launched five new stores in April 2026.
Ultraviolette expanded retail network to 25 cities and entered central European markets.