Published 20:23 IST, February 2nd 2025
Ola Electric Reclaims Market Lead in India’s E2W Sector in January 2025
This comeback follows a slip in December 2024 when Ola Electric lost its top spot to Bajaj Auto and TVS Motor amidst rising competition in the E2W market.

Bhavish Aggarwal’s Ola Electric regained its position as the leader in India’s electric two-wheeler (E2W) market in January 2025, overtaking long-standing competitors TVS Motor and Bajaj Auto in terms of scooter sales. This comeback follows a slip in December 2024 when Ola Electric lost its top spot to Bajaj Auto and TVS Motor amidst rising competition in the growing e-scooter market.
According to data from Vahan as of January 31, 2025, India’s total electric two-wheeler registrations saw a robust 24 percent month-on-month (MoM) growth, reaching 91,264 units in January, up from 73,651 units in December 2024, which had marked an 8-month low.
Ola Electric Leads the Charge with Significant Sales Growth
Ola Electric played a pivotal role in driving the overall market growth. The company saw its electric scooter sales skyrocket by 64 percent from 13,794 units in December to 22,656 units in January. As a result, Ola Electric’s market share grew to 25 percent in January, up from 19 percent the previous month.
This surge follows the launch of the new Gen 3 S1 range of electric scooters on January 31, 2025, catering to both mass-market and premium consumers. The lineup includes the S1 Pro+, S1 Pro, and the more affordable S1 X and S1 X+ models.
Meanwhile, the competition in the E2W space continues to intensify as legacy automotive players TVS Motor and Bajaj Auto also witnessed healthy growth in sales in January 2025. TVS Motor zoomed past Bajaj Auto in monthly sales yet again as the former registered an over 27 percent MoM increase in e-scooter registrations to 22,080 units in January. Its market share in the electric two-wheeler space increased, albeit marginally, to a little over 24 percent this month from 23.5 percent in December 2024.
Updated 20:23 IST, February 2nd 2025