EVs, or electric cars, have existed around for a long time, but over the past decade, innovation and curiosity in the space have grown. Internal combustion engines (ICEs) still outperform EVs in terms of performance, but the margin is closing. In actuality, EVs surpass ICE vehicles in terms of a variety of transport policy goals, including increased energy security, less reliance on fossil fuels, cleaner air, and lower greenhouse gas emissions. Consequently, EVs are starting to take over as the preferred green option for commuting in the years to come.
For the Indian automotive sector, EVs have long been seen as having revolutionary potential. Numerous EV manufacturers have emerged as a result of the justification for EV adoption, and they are all committed to bringing about change. In the following article, we will highlight the 15 best electric vehicle companies in India that are making significant contributions in this area.
Best Electric Vehicle Companies in India
1. Greaves Electric Mobility (GEMPL)
GEMPL focuses on creating electric vehicles that are environmentally suitable for urban mobility. By providing low-cost, reliable, and EVs, the company hopes to change the Indian transportation industry. Electric motorbikes, three-wheelers, and scooters are among its product offerings. One of the best electric vehicle companies in India, it has a strong commitment to environmental sustainability and aims to minimize carbon emissions by encouraging the usage of EVs in India.
2. Tata Motors
One of the biggest car companies in India, Tata Motors produces a wide variety of automobiles. The industrial giant has been a pioneer in the Indian automobile sector and is well-known in the markets for both cars and trucks. It provides a variety of EVs in India, including the Nexon EV, Tigor EV, Tata Nano (Electra), Tata Avinya, Tata Concept Curvv, and Ultra Electric Bus.
3. Ather Energy
Ather Energy specializes in designing and manufacturing electric scooters. For the Indian market, which relies heavily on combustible fuel vehicles, the company’s objective is to provide a sustainable and environmentally benign means of transportation. Its flagship product is an advanced electric scooter made to provide clients with an exceptional riding experience. Additionally, it makes investments in building a reliable charging infrastructure to meet India’s rising demand for EVs.
4. Mahindra Electric
Mahindra Electric is a division of Mahindra Group, a multinational Indian automaker. Based in Bengaluru, the company focuses on creating electric automobiles. It offers both passenger and business EVs, with a variety of models such as the e-Verito, e-KUV100, Atom, e2oPlus, XUV300, and Treo. Mahindra Electric is also involved in the development of the field of electric cars and facilities as seen by its cooperation with Uber to deliver green cars for cab services.
5. Bajaj Auto Limited
Two-wheeled vehicle design, production, and distribution are Bajaj’s areas of expertise. It is one of the major two-wheeled vehicle producers in the world and is well-known in more than 75 nations. Three-wheeled vehicles, scooters, and motorcycles are among its product offerings. It is renowned for its cutting-edge and high-performing goods, which serve a variety of clients from budget-conscious to high-end markets.
6. Hero Electric
Hyundai Motor is a division of the international South Korean automaker Hyundai Motor Company. Hatchbacks, sedans, SUVs, and electric vehicles are just a few of the many types of automobiles that the company manufactures. To lessen its carbon footprint and improve environmental sustainability, it has put in place a number of measures. It is dedicated to giving its consumers high-quality goods and services, and this dedication has been acknowledged with various accolades. It is definitely one of the best electric vehicle companies in India.
7. Hyundai Motor India Ltd.
Hyundai Motor is a division of the international South Korean automaker Hyundai Motor Company. Hatchbacks, sedans, SUVs, and electric vehicles are just a few of the many types of automobiles that the company manufactures. To lessen its carbon footprint and improve environmental sustainability, it has put in place a number of measures. It is dedicated to giving its consumers high-quality goods and services, and this dedication has been acknowledged with various accolades.
8. Okinawa Autotech
Okinawa Autotech is an Indian electric bike manufacturer widely known for its variety of trendy scooters. Since its establishment in 2015, the company has been dedicated to provide affordable and easy transportation solutions. The Ridge, Praise, iPraise+, Okhi 90, and Dual are among Okinawa Autotech’s products. In addition to their strong performance and cheap maintenance requirements, these scooters are well-liked by city commuters.
9. JBM Group
JBM Group is an Indian giant that develops, produces, and sells automotive systems and parts. Sheet metal parts, assemblies, exhaust systems, and buses are among its main offerings. It places a great emphasis on innovation and has created ground-breaking technology for its products. With more than 25 manufacturing sites and 10 design centers, it has a solid supply chain that reaches the majority of India.
10. Revolt Motors
Startup Revolt Motors is situated in Gurugram and produces electric bikes. The RV400 is the brand-defining item for the business. It offers useful features including mobile connectivity, a replaceable battery, and simulated exhaust noises. Revolt Motors is committed to ecology and has worked to develop an environmentally conscious future for India’s auto sector.
11. MG Motor India
MG Motor India produces and sells a variety of vehicles, such as SUVs, electric cars, and plug-in hybrids. It is renowned for its cutting-edge and high-performing goods, which serve a variety of clients from budget-conscious to high-end markets. It has a robust distribution network with more than 220 dealerships and service centers that reach the majority of India.
12. Jitendra New EV Tech
One of the well-known Indian electric vehicle startups, Jitendra New EV Tech Pvt Ltd. Is widely acclaimed across India. The business introduced the Future Electric Scooter, which has a decent enough maximum range of up to 80 kilometers on a single charge. Offering cost-effective and sustainable modes of travel is the focus of Jitendra New EV Tech.
13. Olectra Greentech
Electric buses and associated goods are the company’s primary areas of design, production, and distribution. Various kinds of electric buses from its product line serve the public conveyance, tourism, and business transportation sectors. With more than 200 buses already in service throughout several Indian cities, it has a robust distribution network that reaches most of the country. It has taken a number of steps to lessen its carbon impact and is dedicated to sustainable growth.
14. Emflux Motors
Indian electric vehicle startup Emflux Motors specializes in producing electric scooters and bikes. The Emflux One electric motorcycle is offered by the company and has a sufficient range of up to 200 kilometers and a top speed of 200 kilometers per hour. In the Indian market, Emflux Motors offers sustainable electric vehicles. It has helped India’s transportation sector move toward a cleaner future.
15. TVS Motor Company
An international manufacturer of two- and three-wheeled vehicles is based in India. Its product line covers a variety of scooters, bikes, and three-wheelers that serve a broad range of buyers, from beginners to premium segments. With more than 5,000 showrooms and service facilities, it has a wide distribution network that serves the majority of the world’s population. Numerous accolades have been given to the corporation in recognition of its contributions to the automotive sector.
Conclusion
That concludes our list of 15 best electric vehicle companies in India. The market for electric vehicles is expanding quickly to raise customer awareness of them. Competition will spur creativity, advances in technology, and ecological awareness as more electric vehicle manufacturers enter the market.
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Business Talk is a digital business magazine that caters to CEOs, Entrepreneurs, VC, and Corporates. While working with entrepreneurs and business executives, we focus not only on their achievements. Our mission is to shed light on business entities, including their innovations, technological benchmarks, USPs, and milestones/accolades.