FADA February 2023 Sales Report Released: Witnesses a 14.75% Rise YoY
Published at March 7, 2023| By BikeJunction Team 
For February 2023, 12,67,233 units of total 2-wheelers were sold in the Indian market. This indicates an increase in the total 2-wheeler sales in India by 1,62,924 units, translating to a 14.75% year-on-year increase in total 2-wheeler retail. As a result, the figures for the total 2-wheeler sold in the Indian market for February 2022 stood at 11,04,309 units.
| Category | February 2023 | February 2022 | YoY % |
| 2-wheelers | 12,67,233 | 11,04,309 | 14.75% |
This year too, we see Hero MotoCorp leading the entire 2-wheeler market in India with more than 3,90,673 units sold. This year, the company saw an increase of 12.14% YoY, with the February 2022 sales figure at 3,48,394 units.
Second on the list is the Honda Motorcycle and Scooter India Pvt. Ltd., which saw a growth of 22.45%, with 3,02,184 units sold this year and 2,46,784 units last year in the same month. Finally, TVS Motor Company bagged 3rd place, with an increase of 24.19%, with 2,11,337 units sold this year and 1,70,179 units sold last year in the same month.
Ola electric remained the number one player in the electric two-wheeler market as last month, with a growth percentage of a whopping 351.33% this year. The company sold 17,647 units in February 2023 as compared to 3,910 units in February 2022.
Ola Electric is followed by Ather Energy Pvt Ltd., which saw a growth of 347.02%, with 9,982 units sold in February 2023 as compared to 2,233 units sold in February 2022. Hero Electric Vehicles Pvt. Ltd, yet again, took a big dip this month of 20.42%, with 5,858 units sold in February 2023 as compared to 7,361 units sold in February 2022.
Find below the detailed and complete list of all the 2-wheeler manufacturers and their sales and market share this year compared to last year of the same month.
| FADA Sales Report | Feb'23 | Feb'22 | MOM Growth | |||
| Two-Wheeler OEM | Sales Unit | Market Share | Sales Unit | Market Share | Sales Unit | Market Share |
| Hero Motocorp Ltd | 3,90,673 | 30.83% | 3,48,394 | 31.55% | 12.14% | -2.28% |
| Honda Motorcycle And Scooter India (P) Ltd | 3,02,184 | 23.85% | 2,46,784 | 22.35% | 22.45% | 6.71% |
| TVS Motor Company Ltd | 2,11,337 | 16.68% | 1,70,179 | 15.41% | 24.19% | 8.22% |
| Bajaj Auto Ltd | 1,38,426 | 10.92% | 1,28,199 | 11.61% | 7.98% | -5.90% |
| Royal-Enfield (Unit Of Eicher Ltd) | 64,195 | 5.07% | 46,413 | 4.20% | 38.31% | 20.53% |
| Suzuki Motorcycle India Pvt Ltd | 58,992 | 4.66% | 44,209 | 4.00% | 33.44% | 16.28% |
| India Yamaha Motor Pvt Ltd | 42,695 | 3.37% | 38,766 | 3.51% | 10.14% | -4.02% |
| Ola Electric Technologies Pvt Ltd | 17,647 | 1.39% | 3,910 | 0.35% | 351.33% | 293.30% |
| Ather Energy Pvt Ltd | 9,982 | 0.79% | 2,233 | 0.20% | 347.02% | 289.55% |
| Hero Electric Vehicles Pvt. Ltd | 5,858 | 0.46% | 7,361 | 0.67% | -20.42% | -30.65% |
| Ampere Vehicles Private Limited | 5,839 | 0.46% | 4,306 | 0.39% | 35.60% | 18.17% |
| Okinawa Autotech Pvt Ltd | 3,837 | 0.30% | 5,924 | 0.54% | -35.23% | -43.56% |
| Classic Legends Pvt Ltd | 3,156 | 0.25% | 3,436 | 0.31% | -8.15% | -19.96% |
| Piaggio Vehicles Pvt Ltd | 2,755 | 0.22% | 4,174 | 0.38% | -34.00% | -42.48% |
| Chetak Technology Limited | 1,307 | 0.10% | - | - | - | - |
| Others Including Ev | 8,350 | 0.66% | 50,021 | 4.53% | -83.31% | -85.45% |
| Total | 12,67,233 | 11,04,309 | ||||
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