Bajaj Chetak and TVS iQube sales, scooter sales in India

The top 10 best-selling scooters – at 46,51,718 units in April-December 2024, accounted for 31 percent share of total scooter sales compared to 28 percent a year ago, selling an additional 7,93,934 units between them. And there are two popular electric scooters in the Top 10 – the TVS iQube and Bajaj Chetak.

  1. Bajaj Chetak is currently India’s bestselling electric scooter
  2. iQube has been in the top 10 list since last year
  3. Gap between Activa and Jupiter is 1.20 million units

Both zero-emission models, which have been benefiting from sustained demand in the domestic market, have registered strong double-digit growth in the current fiscal year. While the TVS iQube has sold 1,97,534 units, up 37 percent YoY (April-December 2023: 1,44,126 units) and ranked No. 6, Bajaj Auto has dispatched 1,88,765 Chetaks to its dealers across India, up 48 percent YoY (April-December 2023: 75,999 units) which gives it No. 7 rank.

While the TVS iQube has retained its year-ago sixth rank, the Bajaj Chetak has stormed into the Top 10, having been absent from the best-sellers table in April-December 2023. The two EVs’ combined wholesales at 3,86,299 units in the current fiscal makes for a 2.56 percent share of total scooter industry sales and 8.30 percent of the cumulative Top 10 scooters.

Honda Activa, TVS Jupiter, Suzuki Access Growth Drivers

There are no surprises at the top of the table and the Honda Activa, India’s longstanding best-selling scooter, clocked sales of 1.99 million units. This means its numbers are up by 15 percent YoY, and it accounts for a 13 percent share of total scooter industry sales on its own!

There continues to be a yawning gap between the Honda Activa and the longstanding No. 2 – the TVS Jupiter. Though the Jupiter, with 7,90,028 units, has posted strong 26 percent YoY growth and has a 5 percent scooter market share, the gap with the Activa is a humungous 1.20 million units! In the current fiscal, the TVS Jupiter has gone past cumulative sales of 7 million units since its launch in September 2013. At the recent Auto Expo 2025 in New Delhi, TVS showcased the Jupiter CNG, the world’s first CNG-powered scooter.

The Suzuki Access 125, which is the best-selling 125cc scooter in India currently, has clocked wholesales of 5,47,470 units in April-December 2024, up 18 percent YoY, which gives it a 3.64 percent share of the Indian scooter market. 

Having recognised the growth potential of the Indian EV market, both Honda and Suzuki are the latest legacy two-wheeler OEMs to plug into the electric business in India.

At No. 4 is the TVS NTorq 125 with 2,67,679 units, its YoY growth rather tepid at 6 percent and the lowest amongst the Top 10 scooters in the current fiscal. Demand for the NTorq, which is TVS’s first 125cc scooter, seems to be slowing down.

In comparison, the Honda Dio, ranked fifth, has done exceedingly well – the 2,63,479 units are a 33 percent YoY increase (April-December 2023: 1,98,188 units), which points to an additional 65,291 units sold compared to the NTorq’s 14,864 units. At present, the gap between the NTorq and Dio is just 4,200 units.

The other Suzuki in this Top 10 – the Burgman – is ranked No 8 with 1,61,215 units, up by 27 percent YoY as a result of the additional 61,545 units dispatched to dealers.

The Yamaha RayZR Hybrid rides in at No. 9 with 1,35,410 units, up 20 percent YoY. Wrapping up the Top 10 scooters list is the Hero Pleasure with 1,10,101 units, down 3.56 percent on year-ago dispatches of 1,14,173 units. 

The Top 10 scooters list also has a telling revelation. Seven of the eight petrol-powered scooters are either a 125cc model or the sibling of a 110cc variant, which is indicative of the upward transition in the scooter market from the 100-110cc segment to 125cc.

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