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February proved to be an electrifying month as we witnessed a significant surge in the growth of electric vehicles across all sectors. Although we welcomed some fresh faces to the list of top players, unfortunately, we had to bid farewell to a few. Without further ado, let’s dive into the numbers and unveil the top ten electric two-wheeler players for February 2023.

With an impressive sales figure of 65,623 electric two-wheelers sold in February, a growth rate of 2.21% was observed compared to the previous month’s figure of 64,203. So, hold on to your seats as we take a closer look at the players who made it to the top in the exciting and dynamic world of electric two-wheelers.

Table of Contents

Top 10 Electric Scooter Players in India

Name of the organizationEV Sales in January 2023EV Sales in February 2023MOM Growth (%)
Ola Electric18270 units17616 units-3.58
TVS iQube10378 units12568 units21.10
Ather Energy9187 units9959 units8.40
Hero Electric6457 units5855 units-9.32
Ampere4424 units5835 units31.89
Bajaj Chetak2606 units2517 units-3.42
Okinawa4453 units3840 units-13.77
Okaya EV1293 units1231 units-4.80
Kinetic Green1026 units815 units-20.57
Bgauss714 units667 units-6.58

Performance of Electric Scooters 

  1. Ampere: Ampere made in the top 5 replacing Bajaj Chetak by selling additional 20 units.
  2. Bajaj Chetak: Chetak has slipped to the sixth position losing to Ampere Electric.
  3. BGauss: BGauss jumped to one position thus securing their position in the top ten by selling 667 units.

Electric bike players in India

Name of the organizationEV Sales in January 2023EV Sales in February 2023MOM Growth (%)
Revolt Motors14 units64 units357.14
Tork Motors62 units17 units-72.58


New Launches in the Month of February 2023

We saw four new electric two-wheeler launches in the month of February 2023.

  1. Ola S1 Air: Ola coming out with a new electric vehicle and new battery capacity has proven to the public that they are here to lead the market.
  2. Okaya Faast F3 and F2F Electric Scooter: Okaya secured the eighth position this month and by adding two more electric scooters to their portfolio they are giving tough competition to the other EV players.
  3. River Indie: A completely new company set foot in the EV sector bringing a plethora of additional features and new pricing into the market.


The sales performance of various companies during the recent period was a mixed bag, with some experiencing a remarkable boost while others had to make do with less than expected. However, with the festival of color approaching, there is a strong likelihood that consumers will be inclined to purchase electric vehicles to mark the occasion. The upcoming monthly report will shed more light on this trend, so keep your eyes peeled for further updates and exciting developments in the world of EVs.

Varnika is an aware and proud citizen of India. She is working towards nation-building and sustainability. Therefore, she has decided to enjoy the advanced business of Electric Vehicles. She is headed to get the news out of cutting-edge versatility, completely mindful that solitary EVs are inevitable in India.


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