Here are the key updates on electric two-wheeler (2W) sales in India for April 2025 ¹ ²:

- *Total Sales*: 86,633 units sold in April 2025, representing a 46.74% year-over-year (YoY) growth and a 30.57% month-over-month (MoM) decline.

- *Market Share*: Electric 2-wheelers account for 5.5% of the overall 2-wheeler market, down from 8.7% in March 2025.

- *Top Brands*:

    - *TVS Motor Company*: Sold 19,746 units, with a 154.39% YoY growth, led by the iQube model.

    - *Ola Electric*: Sold 19,709 units, with a 42.31% YoY decline.

    - *Ather Energy*: Sold 15,467 units, with an 11.25% YoY decline.

    - *Hero Vida*: Sold 7,982 units, doubling its market share YoY.

- *Impact of Subsidy Cuts*: The government subsidy cut from ₹10,000 to ₹5,000 per vehicle, effective April 1, 2025, impacted sales, but OEMs responded with aggressive cash discounts and offers.

The electric vehicle market in India is evolving rapidly, with various manufacturers introducing new models and expanding their networks. TVS Motor's recent performance suggests that FY2026 could see significant growth, potentially surpassing the 1.14 million e-2W units sold in FY2025 

AMIT kumar 

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