According to December 2022 sales data released by the Federation of Automobile Dealers Associations (FADA), the Indian 2W segment showed a significant fall of 11.19% YoY, when compared to December 2021.
For December 2022, 11,33,138 units of total 2-wheelers were sold in the Indian market. This indicates a decrease in the total 2-wheeler sales in India by 1,42,756 units, translating to an 11.19% year-on-year decrease in total 2-wheeler retail. The figures for the total 2-wheeler sold in the Indian market for December 2021 stood at 12,75,894 units.
This year too, we see Hero MotoCorp leading the entire 2-wheeler market in India with more than 3,30,175 units sold. However, the company did see a dip of 25.60% YoY, with the December 2021 sales figure at 4,43,809 units.
Second on the list is the Honda Motorcycle and Scooter India Pvt. Ltd., which saw a growth of 3.12%, with 2,94,011 units sold this year and 2,84,998 units last year of the same month. TVS Motor Company bagged 3rd place, but with a dip of 7.55%, with 1,76,072 units sold this year and 1,90,457 units sold last year in the same month.
In the electric two-wheeler market, Ola electric is the number one player with a growth percentage of a whopping 7100% this year. The company sold 17,280 units in December 2022 as compared to 240 units in December 2021.
Ola Electric was followed by Hero Electric Vehicles Pvt. Ltd, which saw a growth of 33.49%, with 8,091 units sold in December 2022 as compared to 6,061 units sold in December 2021. Ather Energy Pvt Ltd also saw a massive growth of a whopping 321.73%, with 7,646 sold in December 2022 as compared to 1,813 units in December 2021.
Find below the complete list of all the 2-wheeler manufacturers and their sales and market share this year compared to last year of the same month.
Two-Wheeler OEM | DEC'22 | DEC'21 | Growth (%) | Market Share (%), DEC'22 | Market Share (%), DEC'21 | Market Share (%) Growth |
---|---|---|---|---|---|---|
Hero Motocorp Ltd | 3,30,175 | 4,43,809 | -25.60% | 29.14% | 34.78% | -5.64% |
Honda Motorcycle And Scooter India (P) Ltd | 2,94,011 | 2,84,998 | 3.12% | 25.95% | 22.34% | 3.61% |
Tvs Motor Company Ltd | 1,76,072 | 1,90,457 | -7.55% | 15.54% | 14.93% | 0.61% |
Bajaj Auto Ltd | 1,25,854 | 1,64,133 | -23.32% | 11.11% | 12.86% | -1.75% |
Royal-Enfield (Unit Of Eicher Ltd) | 56,028 | 41,675 | 34.44% | 4.94% | 3.27% | 1.67% |
Suzuki Motorcycle India Pvt Ltd | 53,043 | 42,643 | 24.38% | 4.68% | 3.34% | 1.34% |
India Yamaha Motor Pvt Ltd | 39,860 | 39,357 | 1.27% | 3.52% | 3.08% | 1.78% |
Ola Electric Technologies Pvt Ltd | 17,280 | 240 | 7100% | 1.52% | 0.02% | 1.5% |
Hero Electric Vehicles Pvt. Ltd | 8,091 | 6,061 | 33.49% | 0.71% | 0.48% | 0.23% |
Ather Energy Pvt Ltd | 7,646 | 1,813 | 321.73% | 0.67% | 0.14% | 0.53% |
Okinawa Autotech Pvt Ltd | 5,279 | 6,101 | -13.47% | 0.47% | 0.48% | -0.01% |
Ampere Vehicles Private Limited | 4,408 | 3,343 | 31.85% | 0.39% | 0.26% | 0.13% |
Piaggio Vehicles Pvt Ltd | 2,711 | 3,790 | -28.46% | 0.24% | 0.30% | -0.06% |
Classic Legends Pvt Ltd | 2,681 | 2,484 | 7.93% | 0.24% | 0.19% | 0.05% |
Okaya Ev Pvt Ltd | 1,449 | - | - | 0.13% | 0.00% | - |
Being India Energy And Technology Pvt Ltd | 966 | 1,094 | -11.7% | 0.09% | 0.09% | - |
Pur Energy Pvt Ltd | 780 | 1,685 | -53.7% | 0.07% | 0.13% | -0.06% |
Kinetic Green Energy & Power Solutions Ltd | 749 | - | - | 0.07% | 0.00% | - |
Jitendra New Ev-Tech Pvt. Ltd | 669 | 493 | 35.69% | 0.06% | 0.04% | 0.02% |
Bgauss Auto Private Limited | 592 | - | - | 0.05% | 0.00% | - |
Others Including EV | 4,794 | 41,718 | -88.5% | 0.42% | 3.27% | -2.85% |
Total | 11,33,138 | 12,75,894 | -11.18% | 100% | 100% |
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