• Two-Wheeler exports recorded 24% YoY growth in Q1 2025
• TVS led the Indian E2W market with 23% market share closely followed by Bajaj at 22%
New Delhi/Gurugram, 16 May 2025: According to the latest insights from CyberMedia Research’s (CMR) Electric 2 Wheeler (E2W) Market Report Review for Q1 2025, the Indian E2W market recorded growth of 21% YoY. The Connected E2W market also recorded 16% YoY growth driven by increasing consumer demand, government support, and technological advancements.
TVS captured thefirst position in the Indian E2W market with 23% market share, followed by Bajaj at 22%. Ola Electric garnered 17% market share.
According to Shipra Sinha, Senior Analyst, CyberMedia Research (CMR), “India’s E2W market in Q1 2025 reflects a shift from early adoption to scale, powered by smart technology, expanding exports, and rising consumer confidence. With connected features becoming mainstream and premium innovations like touchscreen displays gaining ground, the market is clearly steering toward a more intelligent and sustainable mobility future.”
Technology Trends and Market Leaders in Q1 2025
• Connected Growth: The connected E2W segment grew by 16% YoY, with 79% of E2Ws equipped with connected technology in Q1 2025.
• Digital Cluster Adoption: E2Ws with Digital clusters saw 21% YoY growth. On the other hand, overall 2W with digital clusters increased by 6% YoY.
• The Touchscreen technology market in two-wheelers accounted for 26% of the E2W market. Touchscreen technology in the premium E2W segment (>INR 1,00,000 price segment) saw a 42% YoY growth, with an average screen size of 7 inches gaining strong consumer preference.
Future Market Outlook
CMR anticipates E2Ws to capture 12-13% share in the overall two-wheeler market in CY2025.
“The future of India’s E2W market is poised for robust growth, driven by rising urban mobility needs, supportive government policies, and a growing shift toward sustainable transportation. Increasing consumer demand for smart, connected, and affordable vehicles is accelerating the adoption of advanced features like touchscreen displays, digital clusters, and mobile app integration. Additionally, the rise of shared mobility, last-mile delivery services, and flexible financing options will further fuel the E2W segment, positioning it as a key pillar in India’s transition to clean mobility,” added Divya Maurya, Analyst, CyberMedia Research (CMR).
