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Bajaj tops May electric three wheeler market; EV sales up 96% YOY

EV three-wheeler sales in India jump 96% in May 2026, with Bajaj Auto emerging as market leader as EV penetration rises to 46.6% amid ICE decline.

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thehindubusinessline.com

economictimes.indiatimes.com

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AI · summaries

economictimes.indiatimes.com1 mese fa

Tata Motors, Mahindra lead the pack as EV sales surge 79%

India's electric car sales surged 79% in May. Tata Motors and Mahindra & Mahindra gained market share. Newcomer VinFast also saw growth. JSW MG Motor and Hyundai Motor experienced a decline. Higher fuel prices are…

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thehindubusinessline.com1 mese fa

Fuel costs drag ICE 2-wheeler sales down 8.6% in May

India's two-wheeler market posted +7.4% YoY growth in May 2026 (18.43 lakh units), but ICE vehicles fell 8.6% month-on-month while EV registrations surged 62.5% YoY to 1.70 lakh units, lifting EV penetration from 6.1% to 9.2%. For OEMs and fleet/mobility managers, Crisil's verdict is clear: 1.5–1.7 lakh monthly EV units is the new baseline, and incumbents heavy on ICE (Hero, Bajaj) face accelerating portfolio mix pressure as TVS and emerging EV players capture urban commuter demand.

Timeline cronologica

domenica 31 maggio 2026·thehindubusinessline.com
EV two-wheeler registrations surge 58% y-o-y in May; fuel supply anxiety a cause for surge, say analysts
India’s electric two-wheeler (E2W) market maintained its strong growth trajectory in May 2026, with total registrations rising 58 per cent year-on-year to 1.64 lakh units from…
domenica 31 maggio 2026·economictimes.indiatimes.com
India's electric scooter market regains charge after April slowdown

India's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major players like TVS Motor and Bajaj Auto…

Bajaj tops May electric three wheeler market; EV sales up 96% YOY

Confronto fonti

Tata Motors, Mahindra lead the pack as EV sales surge 79%

Fuel costs drag ICE 2-wheeler sales down 8.6% in May

Timeline cronologica

EV two-wheeler registrations surge 58% y-o-y in May; fuel supply anxiety a cause for surge, say analysts

India's electric scooter market regains charge after April slowdown

Electric two-wheeler sales cross 150,000 in May amid fuel price rise - The Economic Times

Ola Electric sees 23 pc growth in monthly registrations in May

E4W registrations surge 82% in May amid rising fuel prices

Fuel costs drag ICE 2-wheeler sales down 8.6% in May

Tata Motors, Mahindra lead the pack as EV sales surge 79%

Bajaj tops May electric three wheeler market; EV sales up 96% YOY

India EV bus registrations fall 7% in May; JBM Auto captures nearly half the market