February Brings a Surprise in India’s EV Market: Greaves Enters Top 5, Ola Slips Out
March 4, 2026
Greaves joins the top 5 electric two-wheeler manufacturers in February 2026, while Ola Electric drops out of the list.
Greaves joins the top 5 electric two-wheeler manufacturers in February 2026, while Ola Electric drops out of the list.
Simple Energy has surprisingly entered the top 10 in India’s electric scooter market by registrations for the January–February period.
Ola Electric plans to cut store count to 550 amid falling sales, staff exits, and rising competition in India’s EV market.
Ola Electric Technologies Pvt Ltd continues to suffer pressure in India’s electric two-wheeler sector, with early 2026 registrations showing a slow start to the year. The company reported 7,365 units in January and 2,654 units through mid-February, bringing its year-to-date total to 10,019 units. The subdued momentum follows a weak close to 2025, when Ola Electric slipped to sixth position in November after registering 8,190 units, which is one of
During the first half of February 2026, India’s electric two-wheeler market saw a significant shift in momentum, with Ampere Electric outpacing Ola Electric in retail registrations. According to Vahan Portal data for the February electric scooter sales 2026, Ampere sold 2,155 units, just beating Ola Electric, which sold 2,020 units. While the difference is just slightly greater than 130 units, it is notable given Ola’s previous domination in India’s electric
Zelio launches the 2026 Logix electric cargo scooter with 150 kg load capacity, smart features, and a starting price of ₹56,551.
Honda is working on a new, locally designed electric scooter for India, leveraging learnings from the Activa e and QC1 to address range, storage, and pricing gaps.
Suzuki launches the e-Access electric scooter in India at ₹1.88 lakh with an LFP battery, 95 km claimed range, and a wide service reach.
Bajaj confirms 2026 Chetak EV launch on January 14 with a new budget version, updated features, and revised pricing.
