Ather vs Ola Electric vs TVS iQube: share of search in India, 2021 to 2026
The largest shift anywhere in the index: the early leader in electric scooter search lost most of its share to a rival. From the Colleviate Share of Search Index, with the data free to download.
Ather has the largest share of electric two-wheeler brand search in India: 62.2% over the three months to September 2026, against Ola Electric at 14.7%. It has led every month since September 2025. Over the past year Ather gained most, +24.1 points, while Ola Electric lost most, -24.4.
Download this category (CSV) Monthly, November 2021 to September 2026. Free to use with attribution. All nine categories
Who leads electric two-wheelers search now
Shares are the average of the last three months, set against the same three months a year earlier and the first three months of the series.
| Brand | Start of series | A year ago | Last three months | Change in a year |
|---|---|---|---|---|
| Ola Electric | 48.7% | 39.1% | 14.7% | -24.4 pts |
| Ather | 35.2% | 38.1% | 62.2% | +24.1 pts |
| TVS iQube | 7.6% | 13.7% | 13.5% | -0.2 pts |
| Bajaj Chetak | 8.5% | 9.1% | 9.5% | +0.4 pts |
What changed
Ola Electric held 48.7% of the set's branded search at the start and 14.7% now. Ather rose from 35.2% to 62.2% and has led every month since September 2025. Ola Electric's peak search interest came in August 2024, the month of its stock market listing, a reminder that attention and buying intent are not the same thing. TVS iQube (13.5%) and Bajaj Chetak (9.5%) have held steadier.
Who has led, and for how long
The lead has changed hands 13 times in 59 months. Counting every month since November 2021: Ather for 37 months and Ola Electric for 22 months.
The eight most recent spells in the lead:
| Leader | From | To | Months | Public event that month |
|---|---|---|---|---|
| Ola Electric | Dec 2023 | Dec 2023 | 1 | |
| Ather | Jan 2024 | Jan 2024 | 1 | |
| Ola Electric | Feb 2024 | Feb 2024 | 1 | |
| Ather | Mar 2024 | Jun 2024 | 4 | |
| Ola Electric | Jul 2024 | Mar 2025 | 9 | |
| Ather | Apr 2025 | Jun 2025 | 3 | |
| Ola Electric | Jul 2025 | Aug 2025 | 2 | |
| Ather | Sep 2025 | Sep 2026 | 13 |
The months that moved it
The largest month-on-month changes in any brand's share. A spike needs a cause before it is read as demand: where a public, dated event explains one, it is named; the rest are reported as they are.
- August 2024: Ola Electric +27.7 points, to 75.7%, the month of its stock market listing.
- April 2025: Ather +19.6 points, to 52.8%.
- September 2024: Ola Electric -18.0 points, to 57.7%.
Each brand's single highest week of search interest: Ola Electric in August 2024 (the month of its stock market listing), Ather in August 2026, TVS iQube in May 2022 and Bajaj Chetak in December 2024.
Search share and market share
The government's VAHAN dashboard records new vehicle registrations by maker, month by month, which is the closest public read of sales. When search share runs well ahead of registration share, it can mean interest that the product, the price or the dealer network is not yet converting.
This is attention, not sales: see share of search and market share, and what is a good share of search for how to read a number like this one.
How this category is measured
The search terms are “Ola Electric”, “Ather”, “TVS iQube” and “Bajaj Chetak”. They were pulled together, so they share one scale. Data retrieved 14 October 2026; the full method is on the index page.
The monthly data
Share of search by month, November 2021 to September 2026 (%)
| Month | Ola Electric | Ather | TVS iQube | Bajaj Chetak |
|---|---|---|---|---|
| Sep 2026 | 15.1 | 62.7 | 13.1 | 9.1 |
| Aug 2026 | 13.4 | 66.1 | 12.3 | 8.1 |
| Jul 2026 | 15.7 | 57.8 | 15.2 | 11.3 |
| Jun 2026 | 21.1 | 51.1 | 15.9 | 11.9 |
| May 2026 | 21.9 | 50.0 | 16.8 | 11.3 |
| Apr 2026 | 29.7 | 46.4 | 13.5 | 10.4 |
| Mar 2026 | 21.7 | 50.8 | 15.9 | 11.6 |
| Feb 2026 | 31.2 | 44.6 | 14.0 | 10.2 |
| Jan 2026 | 29.2 | 44.1 | 14.3 | 12.4 |
| Dec 2025 | 39.0 | 39.6 | 13.4 | 7.9 |
| Nov 2025 | 33.2 | 45.0 | 13.9 | 7.9 |
| Oct 2025 | 33.5 | 41.9 | 15.3 | 9.4 |
| Sep 2025 | 33.8 | 41.2 | 15.3 | 9.7 |
| Aug 2025 | 43.4 | 36.9 | 12.0 | 7.7 |
| Jul 2025 | 40.0 | 36.1 | 13.9 | 10.0 |
| Jun 2025 | 34.7 | 39.2 | 14.1 | 12.1 |
| May 2025 | 31.9 | 47.0 | 10.8 | 10.2 |
| Apr 2025 | 28.1 | 52.8 | 9.6 | 9.6 |
| Mar 2025 | 44.7 | 33.2 | 10.1 | 12.1 |
| Feb 2025 | 44.4 | 34.6 | 9.8 | 11.1 |
| Jan 2025 | 46.2 | 33.1 | 8.9 | 11.8 |
| Dec 2024 | 47.5 | 30.0 | 9.2 | 13.4 |
| Nov 2024 | 53.8 | 29.3 | 9.1 | 7.7 |
| Oct 2024 | 59.2 | 22.2 | 10.0 | 8.7 |
| Sep 2024 | 57.7 | 25.7 | 8.8 | 7.8 |
| Aug 2024 | 75.7 | 16.1 | 4.5 | 3.8 |
| Jul 2024 | 48.0 | 32.4 | 11.0 | 8.7 |
| Jun 2024 | 34.4 | 40.3 | 14.9 | 10.4 |
| May 2024 | 37.7 | 38.6 | 16.7 | 7.0 |
| Apr 2024 | 32.4 | 49.3 | 11.5 | 6.8 |
| Mar 2024 | 34.8 | 39.1 | 17.4 | 8.7 |
| Feb 2024 | 39.3 | 37.0 | 14.8 | 8.9 |
| Jan 2024 | 31.6 | 39.1 | 18.0 | 11.3 |
| Dec 2023 | 36.9 | 35.7 | 16.6 | 10.8 |
| Nov 2023 | 33.9 | 36.3 | 19.4 | 10.5 |
| Oct 2023 | 37.1 | 32.9 | 18.6 | 11.4 |
| Sep 2023 | 39.3 | 35.2 | 18.0 | 7.4 |
| Aug 2023 | 47.1 | 29.0 | 16.1 | 7.7 |
| Jul 2023 | 36.6 | 37.3 | 19.0 | 7.2 |
| Jun 2023 | 35.4 | 36.2 | 20.0 | 8.5 |
| May 2023 | 33.1 | 38.7 | 20.4 | 7.7 |
| Apr 2023 | 32.3 | 38.5 | 21.1 | 8.1 |
| Mar 2023 | 33.6 | 35.6 | 22.6 | 8.2 |
| Feb 2023 | 32.8 | 39.4 | 21.2 | 6.6 |
| Jan 2023 | 30.7 | 46.4 | 17.7 | 5.2 |
| Dec 2022 | 36.9 | 38.5 | 18.0 | 6.6 |
| Nov 2022 | 35.3 | 39.5 | 18.5 | 6.7 |
| Oct 2022 | 33.3 | 43.5 | 17.2 | 5.9 |
| Sep 2022 | 32.1 | 40.2 | 20.5 | 7.1 |
| Aug 2022 | 37.3 | 37.3 | 18.6 | 6.8 |
| Jul 2022 | 30.2 | 43.4 | 18.6 | 7.8 |
| Jun 2022 | 32.0 | 39.8 | 18.4 | 9.7 |
| May 2022 | 30.3 | 42.8 | 20.0 | 6.9 |
| Apr 2022 | 33.3 | 47.0 | 9.8 | 9.8 |
| Mar 2022 | 46.7 | 36.4 | 7.3 | 9.7 |
| Feb 2022 | 39.6 | 36.0 | 10.8 | 13.5 |
| Jan 2022 | 44.8 | 37.9 | 7.8 | 9.5 |
| Dec 2021 | 50.5 | 33.7 | 7.4 | 8.4 |
| Nov 2021 | 50.8 | 33.9 | 7.6 | 7.6 |
Cite this data
Free to use, quote and republish under a Creative Commons Attribution 4.0 licence, with a link to this page.
Colleviate Share of Search Index, India: Electric two-wheelers, October 2026, colleviate.com/blog/share-of-search-electric-two-wheelers-india.html
Questions we get asked
Who has the highest share of search in electric two-wheelers in India?
Ather, with 62.2% of electric two-wheeler brand search over the three months to September 2026, ahead of Ola Electric at 14.7%. It has led every month since September 2025.
How often has the lead changed?
The lead has changed hands 13 times in 59 months. Counting every month since November 2021: Ather for 37 months and Ola Electric for 22 months.
Is share of search the same as market share in electric two-wheelers?
No. It measures attention: the share of branded searches, which tends to move before market share but is not sales. The government's VAHAN dashboard records new vehicle registrations by maker, month by month, which is the closest public read of sales.
Can I use this data?
Yes. It is published under a Creative Commons Attribution 4.0 licence. Download the CSV from this page and cite it as: Colleviate Share of Search Index, India: Electric two-wheelers, October 2026, colleviate.com/blog/share-of-search-electric-two-wheelers-india.html.
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