TVS Motor Company has just achieved something truly remarkable in India’s electric vehicle space. The Chennai-based manufacturer has officially crossed the 10 lakh (1 million) cumulative EV scooter sales milestone in India, becoming only the second electric two-wheeler brand in the country to reach this historic mark after Ola Electric. What makes this achievement even more exciting is the pace at which TVS got here. Powered by the hugely popular TVS iQube and the newly launched TVS Orbiter, the brand now commands close to 25% market share in India’s fast-growing EV segment. Moreover, with 2,19,232 units already sold in 2026 alone, TVS shows absolutely no signs of slowing down.
Contents
- 1 TVS EV Scooter Sales Cross 10 Lakh Units: A Historic Milestone
- 2 TVS iQube Journey: From Slow Start to India’s Best-Selling EV Scooter
- 3 TVS iQube Features, Variants and Price in India
- 4 TVS Orbiter: The New EV That Is Strengthening TVS’s Lead
- 5 TVS EV Market Share Growth: From 1% to 25% in Six Years
- 6 India’s EV Two-Wheeler Market: Big Growth Ahead
- 7 What Is Next for TVS in the EV Segment
- 8 FAQs
TVS EV Scooter Sales Cross 10 Lakh Units: A Historic Milestone
According to Vahan registration data recorded as of June 11, 2026, TVS Motor Company has cumulatively retailed 10,04,148 electric scooters in the domestic market. This figure includes sales of both the TVS iQube and the recently introduced TVS Orbiter. Additionally, TVS recorded its highest-ever monthly sales in May 2026, delivering an impressive 51,605 units in a single month. Furthermore, this makes it the second-highest monthly sales figure ever recorded by any Indian electric two-wheeler manufacturer, right behind Ola Electric’s record of 53,647 units in May 2024.
Meanwhile, the latest 1 lakh unit milestone within 2026 was achieved in just 75 days, between March 28 and June 10. This means TVS was selling an average of approximately 1,333 electric scooters every single day during that period. Consequently, the brand is now firmly on track to sell 5 lakh EV units in 2026 alone, which would be another major record for the company.
TVS iQube Journey: From Slow Start to India’s Best-Selling EV Scooter
TVS entered the electric two-wheeler market back in January 2020 with the launch of the iQube. However, the early years were slow, mainly because the iQube was available only in select cities initially. Moreover, TVS held just 1% market share in the EV space during that period. Therefore, the first 1 lakh units took nearly three years to achieve.
But things changed dramatically after that. The next 1 lakh sales came in just 10 months. Additionally, TVS achieved the 3 lakh cumulative EV sales milestone in April 2025, around 4 years and 4 months after its market entry. As TVS expanded its dealership network and consumer confidence in EVs grew stronger, the next 4 lakh units were added in just 17 months. Furthermore, the jump from 7 lakh to 8 lakh units happened even faster, taking only three months between October and December 2025.
| Milestone | Time Taken |
|---|---|
| 0 to 1 Lakh Units | Approximately 3 years |
| 1 Lakh to 2 Lakh Units | 10 months |
| 3 Lakh to 7 Lakh Units | 17 months |
| 7 Lakh to 8 Lakh Units | 3 months (Oct-Dec 2025) |
| 0 to 10 Lakh Units (Total) | 6 years 5 months |
TVS iQube Features, Variants and Price in India
The TVS iQube has played the most critical role in helping TVS reach this historic 10 lakh milestone. Moreover, the scooter recently received significant upgrades including battery capacity improvements and price reductions of up to Rs 26,000, driven by GST-related changes. Consequently, these updates made the iQube more accessible and attractive to a wider audience across India.
Additionally, the iQube now comes packed with practical and premium features like Smart LED headlamps with DRLs, a touchscreen instrument display, a pillion backrest, and a spacious 32-litre under-seat storage. Furthermore, TVS also offers the Battery-as-a-Service (BaaS) option, allowing buyers to purchase the iQube at a starting price of just Rs 59,999 (ex-showroom), which is an outstanding value proposition in this segment.
| Variant | Price (Ex-Showroom) |
|---|---|
| TVS iQube (Base) | Rs 94,999 |
| TVS iQube S | Rs 1.17 lakh |
| TVS iQube ST | Rs 1.58 lakh (onwards) |
| TVS iQube (BaaS Option) | Starting at Rs 59,999 |
TVS Orbiter: The New EV That Is Strengthening TVS’s Lead
In addition to the iQube, TVS recently launched the TVS Orbiter electric scooter, which has started contributing meaningfully to the brand’s overall EV sales. The Orbiter was introduced during October-December 2025, a period that also saw TVS achieve record monthly sales numbers. Therefore, having two strong EV products in the portfolio has clearly helped TVS accelerate its growth and widen its lead over competitors.
Moreover, TVS is actively running a new TVC campaign featuring Bollywood star Ranveer Singh to celebrate the 10 lakh milestone, with ads being aired during the IPL 2026 season. This campaign focuses on the iQube’s everyday practicality and its appeal to families across India. Consequently, this marketing push is expected to further drive awareness and sales in the coming months.
One of the most impressive parts of TVS’s EV story is the dramatic rise in market share over the years. In 2020, TVS held just 1% of the electric two-wheeler market. However, by 2022, this figure had grown to around 8%. Additionally, by 2023, it surged past 20%. In 2025, TVS EV sales stood at 3,15,083 units, which made TVS the number one EV manufacturer in the country. Furthermore, TVS has maintained that top position since April 2025.
Meanwhile, competitors like Bajaj Chetak, Ather Energy, and Hero Vida continue to chase TVS, but the gap is clearly widening. For instance, Bajaj’s Chetak, which launched the same month as the iQube in January 2020, has recorded cumulative retail sales of 5.85 lakh units compared to TVS’s 10 lakh plus. Additionally, TVS’s overall scooter market share climbed to an all-time high of 29% between April and December 2025, reflecting the brand’s strong position across both electric and petrol scooter segments.
| Brand | Cumulative EV Sales (As of June 2026) |
|---|---|
| TVS Motor Company | 10,04,148 units |
| Bajaj Chetak | 5.85 lakh units (as of Jan 2026) |
| Ather Energy | Strong growth, 1.75 lakh+ in 2025 |
| Hero Vida | Consistent 10,000+ units monthly from July 2025 |
India’s EV Two-Wheeler Market: Big Growth Ahead
India’s electric two-wheeler market is currently experiencing explosive growth, and TVS is right at the center of it. However, EV sales still represent only around 10% of total two-wheeler sales in the country. Therefore, there is enormous headroom for further growth. Moreover, rising fuel prices, geopolitical tensions affecting Gulf oil supply, and concerns around ethanol-blended fuels are pushing more Indian buyers toward electric vehicles as a safer and more economical long-term option.
Additionally, the total electric two-wheeler industry in India is on track to cross 2 million annual sales in 2026 for the very first time. In the first 10 months of FY2026, cumulative industry sales had already crossed 10,96,722 units, representing a solid 30% year-on-year growth. Consequently, if this momentum continues in the final quarter, the overall industry could set a brand-new annual record this fiscal year.
What Is Next for TVS in the EV Segment
TVS Motor Company is clearly not resting on its laurels after crossing the 10 lakh milestone. In 2026, the brand has already sold 2,19,232 units, which is about 70% of its entire 2025 EV sales volume. Moreover, at this rate, TVS could potentially achieve 5 lakh EV sales in a single calendar year, which would be an extraordinary achievement. Additionally, the upcoming festive season in late 2026 is likely to give sales another significant boost.
Furthermore, TVS continues to invest heavily in software, electronics, digital capabilities, and its EV sales network. The company is also expanding product offerings to stay ahead of the competition. Therefore, the next milestone of 15 lakh or even 20 lakh cumulative EV sales may not be far away if current growth trends continue. In short, TVS’s electric two-wheeler story is just getting started, and the best is clearly yet to come.
FAQs
How many EV scooters has TVS sold in India in total?
As of June 11, 2026, TVS Motor Company has cumulatively retailed 10,04,148 electric scooters in India, crossing the historic 10 lakh milestone. This includes sales of both the TVS iQube and the TVS Orbiter.
What is the price of the TVS iQube in India?
The TVS iQube base variant is priced at Rs 94,999 (ex-showroom), the iQube S costs Rs 1.17 lakh, and the top-spec iQube ST starts at Rs 1.58 lakh. With the Battery-as-a-Service option, it is available from just Rs 59,999.
When did TVS launch its first electric scooter in India?
TVS launched the iQube, its first electric scooter, in January 2020. At the time it was available only in select cities and later expanded pan-India in a phased manner.
What is TVS’s market share in the electric two-wheeler segment?
TVS holds close to 25 to 26% market share in India’s electric two-wheeler segment as of mid-2026, making it the top-selling EV two-wheeler brand in the country since April 2025.
What is the TVS Orbiter electric scooter?
The TVS Orbiter is the newest electric scooter from TVS Motor Company, launched during October-December 2025. It complements the iQube in TVS’s EV lineup and has started contributing meaningfully to the brand’s overall electric scooter sales numbers.
SEE ALSO: India EV Sales April 2026: Electric Vehicles Created History With 41% Growth
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