Indian EV 2W Sales January 2026: The "Legacy Takeover" is Complete as TVS Dominates; Ola Slumps to #5

The first month of 2026 has sent a clear message to the electric vehicle industry, Reliability is the new Hype. According to the latest VAHAN registration data, January 2026 saw a massive reshuffle in the leaderboard, with legacy manufacturers now controlling over 60% of the high-speed electric scooter market.

The January 2026 Leaderboard

TVS & Bajaj : The New Market Pillars

TVS Motor has started the year with a bang, clocking 34,428 units. The brand’s strategy of focus on battery safety and a widespread service network has made the iQube the most trusted nameplate in the country. Meanwhile, Bajaj Auto is breathing down their neck with 25,505 units, proving that the Chetak’s "solid metal" build is a significant draw for Indian families.

Ather & Vida: The Mid-Segment Surge

Ather Energy continues its dream run with 21,915 units. The Rizta has successfully transitioned Ather from a "tech-startup" to a "mass-market" player. Similarly, Hero MotoCorp’s Vida has maintained its momentum at 13,273 units, benefiting from the brand's unmatched presence in Tier-2 and Tier-3 cities.

The Ola Crisis & Ampere’s Resilience

The biggest shock of the month is Ola Electric, which has plummeted to 7,511 units. Once commanding nearly 40% of the market, Ola is now struggling to stay in the Top 5. Persistent service complaints and a shift in consumer preference toward established brands have taken a heavy toll.

Ampere : Stable Performer

continues to be the "Reliable Alternative." With 5,336 units, the Ampere Nexus is finding favor among buyers who prioritize long-term durability and LFP battery safety over high-tech gimmicks.

Expert Take

January's data confirms that the EV market has matured. It is no longer about who has the flashiest software, but who can provide the most reliable hardware and service. Brands like TVS and Ampere are reaping the rewards of their 'Safety-First' approach.