Ather Energy, TVS, And Others to Boost Monthly Production Capacity to Over 1,50,000 Units by End of FY26

India’s leading electric two-wheeler manufacturers are accelerating expansion plans as demand for electric scooters continues to rise across the country. Companies including TVS Motor, Bajaj Auto, Ather Energy, and Hero MotoCorp are collectively targeting a monthly production capacity of more than 1,50,000 units by the end of FY26.

The aggressive scale-up comes as higher fuel price concerns, rising consumer adoption, and supportive EV policies continue to strengthen demand momentum in India’s electric mobility market.

EV Scooter Sales Have Surged 61% YoY

India’s electric two-wheeler segment has witnessed rapid growth over the past year. According to the Federation of Automobile Dealers Associations (FADA), electric two-wheelers accounted for a record 9.8% market share in March 2026, when sales peaked at 1,91,000 units.

Although market share moderated slightly to 7.8% in April, sales still surged 61% year-on-year to 1,48,000 units, highlighting strong underlying demand.

Rising petrol price worries linked to geopolitical tensions in West Asia are also encouraging more consumers to shift towards electric mobility.

TVS, Bajaj, Ather and Hero MotoCorp Expanding Capacity

TVS Motor, currently the EV market leader by volumes, has increased production capacity to around 40,000 units per month and plans to scale it further to 50,000 units. Its iQube electric scooter recorded sales of 3.7 lakh units in FY26, up 33% year-on-year.

Bajaj Auto’s Chetak scooter also reported strong growth, with retail sales crossing 1 lakh units in the March quarter. The company currently operates at a monthly capacity of 50,000 units and is evaluating further expansion.

Meanwhile, Ather Energy is betting heavily on its new Maharashtra manufacturing plant, which has been designed for long-term annual capacity of 10 lakh units. Hero MotoCorp is also rapidly expanding its Vida EV business, targeting 50,000 monthly units by FY27.

Supply Chain Challenges Still Persist

Despite strong demand, companies continue to face operational hurdles including labour shortages, logistics disruptions, and component supply constraints.

As per news reports, executives from both TVS and Hero MotoCorp acknowledged that supplier-side bottlenecks and inconsistent production conditions remain key execution risks for the industry.

Read more: India’s EV Battery Demand Seen Rising Tenfold to 200 GWh by 2032.

Conclusion

India’s electric scooter industry is entering a new growth phase as major automakers ramp up production capacity to meet rising demand. If expansion plans materialise as expected, the sector could add more than 20 lakh electric scooters annually by FY27, further accelerating India’s transition toward cleaner and more affordable mobility solutions.

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