business π΅ Indian EV makers are outperforming Japanese giants
Indian domestic manufacturers are gaining significant ground in the electric two-wheeler market. TVS, Bajaj, Hero, Ather, and Ola are leading the charge against Japanese brands like Honda, Suzuki, and Yamaha. In August 2026, electric two-wheelers saw 1.83 lakh registrations, with TVS alone hitting 27% market share. These Indian players entered the segment earlier, building up product and network advantages. The segment grew 67% year-on-year in August, suggesting massive growth ahead. π