1️⃣ Current Market Share of EV Scooters in India (2025)
- EV scooters make up the vast majority (~88–90%) of all electric two-wheeler sales in India.
- As of 2025, EV scooters account for 6–7% of all two-wheeler sales (petrol + electric) in India.
- In total scooter sales, EV scooters now have ~18–20% share (up from 10–12% in 2023).
- Petrol (ICE) scooters still dominate, but the EV share is growing rapidly year-on-year, especially in urban areas.
2️⃣ Top 10 EV Scooters in India (2025)
Ranked by FY24–25 sales volumes, market share, and critical acclaim:
| Rank | Model | Manufacturer | Key Highlights |
|---|---|---|---|
| 1 | Ola S1 Pro / S1 Air | Ola Electric | Market leader, up to 195km range, best-seller |
| 2 | TVS iQube | TVS Motor | High reliability, wide dealer/service network |
| 3 | Ather 450X | Ather Energy | Performance scooter, 150km range, smart features |
| 4 | Bajaj Chetak Electric | Bajaj Auto | Premium, classic brand, strong build |
| 5 | Hero Vida V1 Pro | Hero MotoCorp | Hero’s EV debut, modern design, good range |
| 6 | Ampere Magnus EX / NXG | Greaves Ampere | Value-focused, big sales in Tier-2/3 towns |
| 7 | Okaya Faast F2B/F4 | Okaya EV | Fast-growing, wide dealer base |
| 8 | Simple One | Simple Energy | High range (up to 200km), sporty styling |
| 9 | BGauss C12i / D15 | BGauss | Urban commuter, practical features |
| 10 | Okinawa Praise Pro / iPraise+ | Okinawa | Early entrant, strong in North/East India |
Special Mention: Bounce Infinity E1, Pure EV EPluto 7G, Kinetic Green Zing, River Indie, Suzuki Burgman Electric (2025 launch).
3️⃣ Sales Growth of EV Scooters in India
- FY25 (2024–2025):
- EV scooter sales: ~900,000 units (up from 720,000 in FY24, and 340,000 in FY23).
- This is a >150% increase in 2 years, and over 50% CAGR since 2021.
- Leading growth factors:
- FAME-II subsidies (reduced in June 2024 but still available)
- State-level incentives (Delhi, Maharashtra, Karnataka, etc.)
- Urban millennial adoption, delivery and fleet segment expansion
- Better range, charging network, and total cost-of-ownership awareness
Market Leaders by FY25 sales:
- Ola Electric: ~270,000 units (30%+ market share)
- TVS iQube: ~210,000 units (23%)
- Ather Energy: ~130,000 units (14%)
- Bajaj Chetak: ~75,000 units
- Hero Vida: ~65,000 units
4️⃣ How the EV Scooter Market is Expected to Perform
a) 2025–2030 Outlook
- Share of scooter market:
- EV scooters could reach 35–40% of all scooter sales by 2030 (JMK Research, CRISIL, NITI Aayog).
- By 2030, over 4–5 million EV scooters per year may be sold, up from ~1 million in 2025.
- Total two-wheeler market:
- EV scooters will drive overall 2W EV penetration, expected to hit 20–25% by 2030.
b) Growth Drivers
- All major OEMs (Hero, Honda, TVS, Bajaj, Suzuki, Yamaha) scaling up EV offerings.
- Falling battery prices—cost parity with petrol scooters expected by 2027.
- Expanding charging and battery-swapping infrastructure (especially Ola, Bounce, Sun Mobility).
- Corporate/fleet electrification (Zomato, Swiggy, e-commerce, delivery)
- Rising fuel costs and environmental awareness.
c) Barriers & Challenges
- Subsidy dependency: Reduced FAME-II support impacts pricing temporarily.
- Charging infra: Tier-2/3/rural network still catching up.
- Resale value: Still an open question for buyers.
- Cheap imports/unorganized players: Quality and after-sales concerns.
d) New Developments
- Several startups and global players (Yadea, Vmoto, Gogoro) entering India.
- Battery swapping pilots (Ola, Sun Mobility, Bounce) showing early promise for fleets.
5️⃣ Summary Table
| Aspect | 2025 Status | 2030E (Projection) |
|---|---|---|
| EV share of all scooters | ~18–20% | 35–40% |
| EV scooter annual sales | ~9–10 lakh units | 40–50 lakh units |
| Market leaders | Ola, TVS, Ather | Same + Honda, Suzuki, Yamaha |
| Growth rate (CAGR, 2021–25) | >50% | ~30%+ (2025–30) |
| Key trends | Cost, infra, models | OEM scale, battery swap |
⭐ Key Takeaways
- EV scooters are now the fastest-growing segment in India’s two-wheeler market, already at 18–20% of all scooter sales.
- Ola Electric, TVS, and Ather are the clear market leaders, with Hero, Bajaj, and Ampere catching up.
- Sales have grown >50% CAGR in the last 3 years.
- Future growth will remain strong as prices drop and infra expands; up to 40% market share by 2030 is plausible.
- Challenges remain in rural reach, charging, and policy, but the momentum is irreversible.