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Honda Tops Hero as India’s July Two-Wheeler Market Expands 13.6%

Electric scooter output has slowed with a rare-earth magnet shortage interrupting a three-month growth streak.

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Suzuki 2W Sales July 2025
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Overview

  • Combined domestic and export sales rose to 1.90 million units in July 2025, marking a 13.57% year-on-year increase.
  • Honda displaced Hero MotoCorp in domestic retail with 466,331 units sold versus Hero’s 412,397.
  • Electric two-wheeler retail volumes dipped 4% year-on-year amid production delays from component shortages.
  • TVS Motor Company led the EV segment by selling 22,242 iQube scooters, capturing a 22% market share.
  • Bajaj Auto’s Chetak sales climbed 11% to 19,669 units and Ather Energy surged 59% to 16,241 units, while Ola Electric’s volumes plunged 57% to 17,850.