TVS, Bajaj & Hero now own more than 60% of the Indian e‑scooter market
Bottom line: TVS, Bajaj and Hero together control over 60% of India’s electric scooter market, with TVS alone selling more than 100,000 units in Q3 FY26.
TVS, Bajaj & Hero Grab Over 60% of India’s e‑Scooter Market – What It Means for Buyers
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Image: TVS, Bajaj & Hero Grab Over 60% of India’s e‑Scooter Market – What It Means for Buyers – Performance Comparison and Specifications
Design & Looks
All three brands have moved past the plain utility look of early e‑scooters. The TVS iQube sports a sleek, aerodynamic silhouette that feels more like a premium commuter bike than a battery‑powered toy. Bajaj’s refreshed Chetak brings back the classic retro shape, but with modern LED lighting and a digital console. Hero’s Photon adopts a youthful, compact design with bold colour blocks that attract first‑time riders.
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Performance & Mileage
Range anxiety is still the biggest barrier for many buyers, so each manufacturer highlights mileage figures that suit city commutes:
- TVS iQube: up to 120 km per charge, 5.1 kW motor.
- Bajaj Chetak: around 95 km per charge, 4.2 kW motor.
- Hero Photon: roughly 85 km per charge, 3.8 kW motor.
All three models charge fully in 4‑5 hours on a home socket, making overnight charging realistic for most families.
Price & Rivals
Pricing has become a key battleground. The legacy players use their dealer networks to keep costs low, while newer startups often charge a premium for brand‑new tech.
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- TVS iQube – INR 1.00‑1.15 lakh (incl. subsidies).
- Bajaj Chetak – INR 1.15‑1.30 lakh.
- Hero Photon – INR 80,000‑95,000, the most affordable of the trio.
Compared with startup models that start at around INR 1.20 lakh, the three giants offer better value and a wider service footprint.
Quick Comparison Table
| Model | Engine | Mileage (km/charge) | Price (INR) | Top Features |
|---|---|---|---|---|
| TVS iQube | 5.1 kW electric motor | 120 | 1.00‑1.15 lakh |
|
| Bajaj Chetak | 4.2 kW electric motor | 95 | 1.15‑1.30 lakh |
|
| Hero Photon | 3.8 kW electric motor | 85 | 80,000‑95,000 |
|
FAQ
What is the average mileage of the top Indian e‑scooters?
Most models from TVS, Bajaj and Hero deliver between 85 km and 120 km on a single charge, which is enough for daily city travel.
Are legacy brands cheaper than startup e‑scooters?
Generally, yes. Established dealers lower the price through economies of scale and easier access to finance, while many startups price their bikes at a premium for newer technology.
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Is buying an e‑scooter from TVS, Bajaj or Hero a safe long‑term choice?
With over 60% market share, these brands have proven service networks and spare‑part availability, making them a reliable option for most riders.
What do you think about the shift towards legacy players in the e‑scooter space? Share your thoughts in the comments below.
Source: Read Official News
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