The government has extended PM E-DRIVE incentives for electric two-wheelers till March 31, 2028. The e-2W allocation has increased to ₹2,767 crore, covering up to 45.79 lakh vehicles while retaining a maximum incentive of ₹5,000 per eligible electric two-wheeler.

Ola Electric has announced a major strategic shift by opening its sales and service network to dealer partners across India. The move marks the company's biggest departure from its direct-to-consumer model as it battles declining sales, shrinking market share and rising competition from TVS, Bajaj, Ather and Hero.

Ather Energy recorded a strong Q1 FY27 performance, with revenue from operations increasing 88.8% to ₹1,216.9 crore. The company also turned EBITDA positive, while its net loss narrowed by 71% year-on-year.

Komaki has launched the MG Pro V and MG Pro+ electric scooters in India, offering metal-body construction, LiFePO4 batteries, smart features and a claimed range of up to 150+ km. Prices start from ₹73,999.

India's two-wheeler market recorded a strong 21.22% year-on-year growth in June 2026, with 18,28,458 retail registrations, according to FADA data. Hero MotoCorp retained its leadership position ahead of Honda Motorcycle & Scooter India, while TVS Motor continued to strengthen its market share. The month also saw robust growth from Royal Enfield, Yamaha and Ather Energy, highlighting sustained demand across both ICE and electric two-wheelers.