Here’s an in-depth look at India’s top 5 electric scooter brands in FY25 (April 2024 – March 2025), based on sales performance and market trends:
Ola Electri
- Sales: 3,29,948 units
- YoY Growth: -4.12%
- Key Models: S1 Air, S1 X, S1 X+, S1 Pro, S1 Pro+
Despite a slight decline in year-over-year sales, Ola Electric maintained its leadership position in the Indian electric scooter market. The company’s diverse product lineup and focus on innovation have kept it at the forefront of the EV revolution.
TVS Motor Company
- Sales: 2,72,605 units
- YoY Growth: 43.55%
- Key Model: iQube (Base, S, ST variants)
TVS Motor Company secured the second spot with impressive growth, driven by the popularity of its iQube series. The availability of multiple variants and battery options, along with a strong dealership network, contributed to its success.
Bajaj Auto
- Sales: 2,59,961 units
- YoY Growth: 106.5%
- Key Model: Chetak EV (including 3501, 3502, 3503 variants)
Bajaj Auto experienced remarkable growth, more than doubling its sales compared to the previous fiscal year. The introduction of new models in the Chetak series played a significant role in attracting customers.
Ather Energy
- Sales: 1,55,405 units
- YoY Growth: 44.03%
- Key Models: 450S, 450X, 450 Apex, Rizta
Ather Energy continued to strengthen its position in the premium electric scooter segment. The launch of the more affordable Rizta model expanded its customer base, while the 450 series remained popular among tech-savvy riders.
Hero MotoCorp (Vida)
- Sales: 58,503 units
- YoY Growth: 195.4%
- Key Models: Vida V1, Vida V2
Hero MotoCorp, under its Vida brand, achieved significant growth by expanding its electric scooter lineup and increasing its presence across India. The company’s focus on affordability and accessibility has resonated with a broad range of customers.
Read More : Bajaj Chetak 3503 Launched at ₹1.10 Lakh: A New Affordable Electric Scooter
🔮 Market Outlook
The Indian electric scooter market is witnessing rapid growth, with established manufacturers and new entrants competing to capture market share. While Ola Electric continues to lead, companies like TVS and Bajaj are making significant strides. Ather Energy and Hero MotoCorp are also expanding their offerings to cater to diverse customer needs.
As the market evolves, factors such as product innovation, pricing strategies, and infrastructure development will play crucial roles in shaping the future of electric mobility in India.