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electric scooter
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CNBC Awaaz•13-10-2026, 13:28
Honda, Suzuki and Yamaha Electric Scooter Sales Cross 10,000 Units
  • •Major Japanese automakers Honda, Suzuki, and Yamaha crossed the 10,000-unit sales milestone for electric scooters in 2026.
  • •According to the Vahan portal, these three companies sold a total of 10,735 electric scooters between January 1 and October 8, 2026.
  • •Honda led the sales with 5,536 units, followed by Suzuki with 4,133 units and Yamaha with 1,066 units.
  • •Despite crossing 10,000 sales, their combined market share in the Indian electric two-wheeler market stands at just 0.66 percent.
  • •Experts cite late market entry, higher pricing, and limited dealer networks as reasons for Japanese brands lagging behind TVS and Bajaj.

Key Questions Answered

Between January 1 and October 8, 2026, the combined electric scooter sales of Honda, Suzuki, and Yamaha crossed 10,000 units, reaching a total of 10,735 units.

Honda recorded the highest sales among the three Japanese companies, selling 5,536 electric scooters, which accounts for over 51 percent of their combined sales.

Experts attribute the low market share of Japanese companies to their late market entry, higher pricing, and limited dealer networks compared to dominant Indian brands.