India, Sept. 30 -- After seeing a lull in EV two wheeler (E2W) registrations in August, Bajaj Auto regained stead in the month of September, reclaiming the second spot in monthly E2W registrations.

While TVS has been maintaining its dominance in the E2W space for months, Bajaj Auto E2W registrations zoomed 52% to 17,972 units in September from 11,821 registrations last month, as per Vahan data on September 30. A shortage of rare earth metals took its toll on Bajaj in August, leading it to slip to the fifth position last month.

Meanwhile, the rare earth magnet crisis continues to wreak havoc on the adoption of EVs in the Indian ecosystem. The total E2W registrations fell 8.3% month-on-month (MoM) to 96,205 units in September from 1,04,95...