Electric vehicles (EVs) have gained immense popularity in India in the last few years. People are shifting toward EVs not only because they require zero tailpipe emissions and require low-maintenance, but EVs are easy to drive, produce zero noise, and give better performance. As people are now preferring EVs instead of traditional petrol/diesel-powered vehicles, the automakers in India are largely investing in the production of EVs and try to provide the best features to the customers at minimum cost.
Over the last couple of years, automobile companies have witnessed immense growth in the EV market in India. This also gave people a number of options to choose from before purchasing their first-ever, which can be in the form of a two-wheeler, hatchback, sedan, or SUV. Electric vehicles are turning out to be a successful transition in the automobile industry. However, nobody knows what the future holds for us.
EV Manufacturers in India
As we already talked about the rise of Electric vehicles, there are some companies that provide you the option to choose from both Electric and fuel-powered vehicles (e.g., Tata, Mahindra, TVS, Hero), while some only produce electric two-wheeler vehicles. In this article, we will have a look at the top 20 companies, that deal in the production of Electric vehicles in India
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One of the leading automobile manufacturers in India, Tata Motors is known for producing cars with rough and tough build quality along with top-notch safety features that give a smooth and safe driving experience. Tata was one of the first manufacturers to produce electric cars in India when it launched the Electric variant of its popular sedan Tata Tigor in 2019. After the success of Tigor EV, Tata also came up with electric variants of Tiago and Nexon and became one of the leading EV manufacturing companies in India.
Mahindra has been ruling Indian roads for the last couple of decades and is also one of the first automobile manufacturers of Electric vehicles in India under its other venture, Mahindra Electric. It has done several experiments in the production of EVs throughout the years and is currently one of the leading automobile companies in this segment. Notably, Mahindra is the first manufacturer to produce an Electric car in India named Maini Reva, which was launched back in 2001.
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MG (Morris Garage) has been getting a positive response from the audience after the launch of its first EV in India, ZS EV in 2020. Apart from this, MG launched the Comet EV in 2023. Comet is a compact EV that is available at an affordable price. According to the reports, MG is also set to launch its entry-level electric car next year named Air EV which will compete against Tata Tiago EV.
Hyundai is notably the first foreign car manufacturer to step into the Indian EV market by launching the Kona EV in 2019. However, this company couldn’t find success in the country then as people were not ready for the change at that time. Also, with a starting price of more than ₹25 Lakhs, people weren’t willing to shift toward EVs and other brands like Tata and Mahindra took over the market by launching Electric at affordable prices. Now, as the demand for EVs is increasing in India, the South Korean car manufacturer is reported to launch six electric cars with different price ranges by the year 2028, with a partnership with its sister brand Kia. After gaining popularity in India throughout the years with its cars of different segments. Hyundai will be looking to capture the EV market in the country in the near future.
Hero Electric is currently the leading electric two-wheeler manufacturer in India and is a subsidiary of Hero Motors. With 14 years in the Indian EV industry, Hero Electric has been successful in gaining the trust and faith of the customers and its brand value played a major role in its success across the country.
Based in Bangalore, Ather Energy was established in 2013 and currently is one of the top EV scooter manufacturers in India. Ather stepped into the Indian EV market in 2018 by launching its first electric scooter named 450. With a starting price of ₹1.27 Lakhs, Ather 450 comes with a number of features like Bluetooth, adaptive screen brightness and themes, guide-me-home lights, auto-cut turn indicators, and controls for music and call.
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After establishing its name in the Indian market with its cab-sharing services over the years, OLA joined the EV revolution in India along with its joint venture OLA Electric by launching S1 in 2021. Since then, OLA has been leading the Indian EV two-wheeler market and is mostly preferred by customers.
Revolt Motors is a Gurugram-based start-up that specializes in the manufacturing of Electric bikes. The company launched its first product in India in 2019 named RV400. With a starting price of ₹1.39 Lakhs, Revolt RV400 has found success and is rapidly growing in the Indian EV market. It comes with multiple features like swappable battery, artificial exhaust sound and mobile connectivity.
Bajaj Auto is one of the oldest and most trusted automobile manufacturers in India throughout decades. Established in the year 1945, Bajaj specializes in manufacturing three-wheeler auto-rickshaws and scooters. Now with the growing demand for EVs in India, Bajaj Auto has also stepped into the field with its various products in the form of e-rickshaws and e-scooters. Bajaj launched the electric variant of its iconic scooter Chetak in 2020.
Benling is another popular automobile brand that deals in the manufacturing of electric two-wheelers in India. Founded in the year 2018, Benling has a number of products in its portfolios like Aura, Icon, falcon, and Kriti. The company works on the vision to reduce carbon releases and stimulate the adoption of clean energy in the transportation industry.
Ampere Electric is a popular automobile brand that deals in the manufacturing on Electric two-wheelers in India. Some of the famous products launched by the company are Zeal, Magnus, Reo Elite, and V48. Established in the year 2008, Ampere is one of the earliest electric two-wheeler manufacturers in India which is working to make a safer environment by reducing carbon emissions.
Jitendra New EV Tech
Another popular electric two-wheeler manufacturer in India is Jitendra New EV Tech. It is an Indian startup that launched a future electric scooter with a maximum range of up to 80 km on a single charge. With a vision to provide affordable transportation solutions along with the motive to reduce carbon releases, Jitendra has launched various products like ET250XL+, JMT1000HS, JMT 650 Cargo, JET650P, JMT CLASSIC CITY, KLASOO and YUNIK.
Joy E-Bike is an Indian-based automobile manufacturer that provides a wide range of electric bikes and scooters in the country. Monster Glob and E-Mate are examples of the products by Joy. Established in the year 2016, Joy E-Bike provides sustainable vehicles in India and encourages people to shift toward electric scooters.
Kabira Mobility is a Goa-based electric two-wheeler manufacturer in India that was founded by Jaibir Siwach in 2017 and was officially introduced in 2019. Kabira has launched six electric scooters so far named Intercity Aeolus, Kollegio Neo, Kollegio Plus, Aetos 100, Intercity Neo, and Kollegio. In February 2021, the company launched India’s fastest and longest-riding bikes named KM3000 and KM4000.
Pure Energy is another Indian start-up that deals in the manufacturing of electric two-wheelers in India. It was founded by Dr. Nishanth Dongari and Rohit Vadera in Hyderabad in 2015. The company has also completed hybrid solar storage projects for a number of commercial organizations, universities, hospitals, residential communities, NGOs, and schools. Pure EV has launched several EVs in the market such as Epluto 7g, Etrance, Egnite, Etron+, and ETrance+, and will be soon coming with their first electric bike as well.
TVS ICube Electric
Popular two-wheeler manufacturing brand in India, TVS has also stepped into the field of Electric vehicles with a separate entity named TVS iQube Electric. The company claims that all of iCube’s hardware, software, battery solutions, and programming are produced in India. It has also partnered with Tata Power and Bescom to build a charging infrastructure across the country.
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Tork Motors is an Indian EV brand that deals in the manufacturing of electric bikes in the country. Its famous product, Tork Kratos comes with a top speed of 105 kmph and comes with a range of up to 180 km on a single charge. Tork Motors works with a vision to provide sustainable, eco-friendly and affordable transportation solutions in India.
Tunwal E-Vehicle India
Established in the year 2014, Tunwal is an electric two-wheeler manufacturer in India that offers a wide range of electric scooters and bikes in the country. The Storm ZX, Sport 63, and the B-5 Li are some of the latest products by the company. With a commitment to providing eco-friendly vehicles to customers and providing sustainability in the industry, Tunwal E-Vehicle Indian has been working on reducing carbon emissions in vehicles.
YO Bykes is an Indian-based auto-manufacturing company that deals in the production of electric scooters in the country. Founded in 2006, Yo Bykes provides different ranges in electric scooters like Yo Electron, Yo Xplor and the Yo Edge. The company has been working on reducing carbon emissions and promoting the use of EVs in India.
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Ultraviolette Automotive is one of the newest entries in the market of electric two-wheelers in India. The company offers an electric bike named F77 that comes with a top speed of 147 kmph and provides a range of up to 150 km in a single charge.
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