TVS Motor Company reportedly overtaken its main competitor Bajaj Auto in two-wheeler electric vehicle (EV2W) registrations (pure EV and battery-operated vehicle) in November.

The electric bike model iQube also substantially increased its market share in November while Ola Electric saw a steep fall, according to Vahan data as of Sunday, 430 pm.

TVS recorded registrations of 29,751 in November with a market share of 26.12 per cent as against 29,656 in October with 20.59 per cent. TVS was ahead of Bajaj (Chetak) with a difference of 4,677 units in the month.

Ola’s volume in November dropped by nearly half to 8,254 units as against 16,049 in October. Its market share in November declined to 7.25 per cent as against 11.14 per cent in October. Overall, EV two-wheeler registrations declined 21 per cent MoM in November as the demand slowed down after October’s robust festival season sales.

EV2W registrations

As per the industrial sources, the demand is likely to pick up in December, industry sources said. From January 1, 2025 to November 30, the total number of EV2W registrations stood at 2,76,859 as against 1,97,053, an increase of 41 per cent, YoY, data shows.

Anuj Sethi, Senior Director, Crisil Ratings, on the November 2WEV data said effective September 22, 2025, GST reforms saw rates revised on internal combustion engine (ICE) including petrol two-wheelers under 350cc from 28 per cent to 18 per cent . The rate on EV two-wheelers (E2Ws) continued to attract 5 per cent GST. This increased the price gap between the two, making EV2Ws relatively less cost-attractive, though the costing over lifetime still works in favour of E2Ws.

Tesla officially entered the Indian market with the Model Y on July 15, 2025. Offered in two variants namely Standard and Long-Range at price points of Rs 59.89 lakh and 67.89 lakh, respectively.

For your information, the Tesla Model Y is currently available in four cities in India namely Mumbai, Pune, Delhi and Gurugram. Tesla’s strategy for the Indian market includes expansion of EV infrastructure so that more and more people drift towards electric vehicles as compared to ICE-powered vehicles, predominantly in metro cities.

Sharad Agarwal, General Manager, Tesla India officially stated that in order to fight the severe air pollution in Delhi and Mumbai, the people need to shift towards electric mobility.

Sharad, in very clear words, told the Economic Times that future course of action involves a robust charging network to cover all major cities. “We always build our infrastructure around the lifestyle of our customers, where they eat, where they work, where they go for staycations,” he said to The Economic Times. Tesla started the deliveries of the Model Y in Sep in our country and has delivered 109 units of the electric SUV since then.

Since Tesla brought the Model Y car to India, the company has been setting up charging points everywhere – at people’s homes, apartment buildings, shopping centers, and hotels. Tesla is also building its fast-charging stations in major cities.
The Model Y costs 70% extra in taxes, which makes it 30% pricier in India compared to America. However, Tesla ships the car to India from Shanghai, China, not from the United States.

Tesla opened its first store in Mumbai in July and started selling cars in India. The company opened a second store in Aerocity, New Delhi by August 2025. With the latest charging station now open in Gurugram, Tesla has four charging locations across the country. These locations have 16 fast chargers and 10 regular chargers.

Tesla is moving carefully and slowly in the Indian market. Right now, the company has no plans to make cars in India. Instead, it is focused on opening more stores and building more charging stations. Worldwide, Tesla sold 497,000 cars between July and September 2025.

Tesla reportedly started a free 30-day trial of FSD (Supervised) V14 in North America. This seems to be a huge news for the 1.5 million Tesla owners, with HW4 cars, who haven’t purchased FSD.

FSD, of course, stands for “Full Self Driving”, which is an outright lie, so Tesla has in the meantime added the “Supervised” oxymoron hoping people wouldn’t notice that if it’s supervised, it’s not “full self driving”. The company says eligible owners will receive an email as well as a notification in the Tesla app about the trial.

To be a part of this all you need to own a Model S, Model 3, Model X, Model Y, or Cybertruck in the US, Puerto Rico, Mexico, or Canada. You also need to be on software version 14.2 or later. This will arrive as an over-the-air update. To make sure you get it as soon as possible, keep your Tesla connected to Wi-Fi as much as you can.

You cannot defer the trial to a later date. Once software version 14.2 is installed, the trial will start and it will last 30 days (although Tesla reserves the right to end it sooner).

Apart from this, the refreshed Tesla Model 3 has won the DRIVEN Car Guide AA Insurance NZ Car of the Year 2025 award in the Passenger Car category, beating all traditional and electric rivals.

Judges praised the all-electric sedan’s driving dynamics, value-packed EV tech, and the game-changing addition of Full Self-Driving (Supervised) that went live in New Zealand this September.

Why the Model 3 clinched the crown

DRIVEN admitted they were late to the “Highland” party because the updated sedan arrived in New Zealand as a 2024 model, just before the new Model Y stole the headlines. Yet two things forced a re-evaluation this year.

First, experiencing the new Model Y reminded testers how many big upgrades originated in the Model 3, such as the smoother ride, quieter cabin, ventilated seats, rear touchscreen, and stalk-less minimalist interior.