India’s electric two-wheeler market slowed sharply in December 2025, with registrations falling 19% month-on-month to about 93,000 units after a 20% drop in November. TVS Motor led with over 24,000 units and a 26% market share, followed by Bajaj Auto and Ather Energy. Despite the weak finish, 2025 sales rose 11% to 12.75 lakh units, underlining long-term growth.