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Greaves Electric Mobility reported a 40% quarter-on-quarter increase in electric two-wheeler (E2W) registrations in Q3 FY26, with over 18,000 units recorded on the Vahan portal. The performance lifted the company’s national E2W market share to 5%, placing it among the top six players in the segment.
Growth was led by strong demand in Bihar, where the company secured a leading 21.5% share, along with approximately 13% share across Tamil Nadu, Odisha and West Bengal. The company attributed the momentum to new product launches and an expanding dealer network.
In the electric three-wheeler (E3W) segment, registrations rose 33% quarter-on-quarter, supported by the phased rollout of the Eltra City Xtra across multiple regions. Managing Director Vikas Singh said the results reflect strong execution of the company’s growth strategy.
The company’s flagship scooter, Ampere Nexus, powered by LFP battery technology, has completed endurance runs across India, earning entries in national and regional record books. Looking ahead, the company plans to expand retail operations across North and West India while exploring export opportunities, including Nepal. It currently operates more than 500 service and retail touchpoints nationwide.
