EV Two-Wheeler Sales February 2026: TVS Leads, Ola Electric Drops by 48% & Ampere Enters Top 5
Following the turbulent trends seen in EV sales January 2026, the Indian electric two-wheeler market has witnessed an even more dramatic shift in February. According to the latest Vahan portal EV sales data, legacy brands are tightening their grip on the market, while former startup leaders are facing steep declines.
For buyers tracking the top selling EV scooters in India 2026, the February report delivers a massive shocker: TVS Motor Company remains the undisputed king, while Ola Electric has crashed out of the Top 5 altogether.Let's dive into the complete brand-wise EV sales figures for February 2026.
Top Selling EV Scooters in India (Feb 2026 Vahan Dashboard Data)
While the overall EV scooter sales in India saw a slight month-on-month dip—typical for a shorter 28-day month—the reshuffling of the top players is the real story. Here is the official Vahan dashboard two-wheeler data for the top brands compared to EV 2 Wheeler Sales in month of Jan 2026:
|
Rank |
Brand |
Units (Feb 2026) |
Units (Jan 2026 |
|
1 |
|
30,512 |
34,428 |
|
2 |
|
24,239 |
25,505 |
|
3 |
|
19,738 |
21,915 |
|
4 |
|
11,960 |
13,273 |
|
5 |
|
4,479 |
5,336 |
|
6 |
|
3,891 |
7,511 |
TVS & Bajaj Auto Sales Continue to Dominate
If you are wondering who dominates the EV industry today, look no further than legacy automakers. TVS sales data remains incredibly strong. With 30,512 units registered, the TVS iQube series ensures the company comfortably holds the #1 spot for EV 2 wheeler sales.
Right behind them, Bajaj Auto sales showcase immense market resilience. While the broader market contracted by double digits, Bajaj saw only a minor 5.7% dip, moving 24,239 Chetak units. Buyers are clearly prioritizing reliable service networks and build quality, pushing Bajaj Chetak sales to consistently high numbers.
The Ola Downfall: Why Are Ola Electric Sales Declining?
The most searched topic in the EV space right now is the Ola sales drop. The Ola electric sales figures for February 2026 confirm a massive Ola downfall.
Dropping from 7,530 units in January to just 3,891 units in February, Ola Electric suffered a staggering 48.3% MoM crash. This drops them to the 6th position, falling behind legacy players and rival startups alike. Whether due to shifting consumer trust, service network challenges, or market corrections, the Ola sales graph is pointing sharply downward as we approach the end of the financial year.
Ather Energy & Ampere Electric Maintain Ground
Securing the podium at #3, Ather sales stood at a solid 19,738 units. Ather Energy continues to command a deeply loyal customer base in the premium electric scooter market.
Meanwhile, capitalizing on the shift in the top 5, Ampere Electric (Greaves Electric Mobility) quietly secured the 5th position with 4,479 units. By offering budget-friendly, practical daily commuters, Ampere is successfully capturing the demographic leaving other mid-tier EV brands.
The Rising Stars: River Mobility, BGauss, and Simple Energy
While the legacy giants fought for the top spots, the lower half of the top 10 showcased interesting movements. River Mobility secured the 7th rank with 2,122 units, maintaining a steady presence. BGauss Auto followed closely with 1,977 units.
However, the standout performer in the lower ranks was Simple Energy. In a month where almost every major brand saw a MoM decline, Simple Energy defied the trend, growing a massive 41.4% from 524 units in January to 741 units in February. As we look toward the end of FY 2025-26, these emerging startups are proving they can carve out profitable niches in the highly competitive electric two-wheeler market.
What to Expect in March 2026 (FY26 Year-End)
February’s general market dip is largely attributed to it being a shorter 28-day month. However, historically, March brings a massive surge in EV sales. As automakers rush to meet their financial year-end targets for FY26, consumers can expect aggressive discounts, extended battery warranties, and favorable financing schemes from brands looking to clear inventory.
(Data Source: Ministry of Road Transport and Highways, Vahan Dashboard EV Sales. Excludes low-speed, non-RTO registered EVs).