Bajaj Auto has emerged as the leading player in India’s electric vehicle (EV) market by monthly sales volume across all categories in September. The company achieved over 25,000 sales and registrations, marking a significant milestone in its EV expansion strategy. This growth has been fueled by Bajaj’s efforts to widen its distribution network and the increasing demand for its electric three-wheelers.
According to the latest Vahan data, Bajaj Auto sold 17,570 electric two-wheelers in September, solidifying its position as a key player in the e2W (electric two-wheeler) segment. Additionally, the company recorded 4,575 sales in the electric three-wheeler market, which contributed significantly to its overall success in the EV space. These numbers reflect a steady demand for eco-friendly transport options in India.
Another important aspect of Bajaj’s performance in September was the sale of 3,000 Yulu low-speed electric bikes, based on company-reported sales figures. These bikes, designed for short-distance commutes, do not require a license, making them a convenient choice for urban mobility. The growth of this segment has added to Bajaj’s dominance in the electric vehicle market.
Despite Bajaj’s strong showing, Ola Electric continues to lead in the electric two-wheeler category. Ola has maintained its dominance with a higher overall market share in the e2W space, thanks to its popular electric scooter models and widespread customer base. The competition between Bajaj and Ola in this space reflects the rapid growth of India’s electric vehicle ecosystem.
Bajaj Auto’s impressive sales figures highlight the growing momentum of electric vehicles in India. The company’s success across multiple segments, including two-wheelers and three-wheelers, positions it as a significant player in the transition to sustainable mobility. With continued innovation and expansion, Bajaj is poised to maintain its strong presence in the EV market.
