Home EV Insights Top 10 Electric Vehicle Manufacturers in India- List 2024

Top 10 Electric Vehicle Manufacturers in India- List 2024

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Top 10 Electric Vehicle Manufacturers in India- List 2024
Indian Electric Vehicle manufacturers are working on the export of Make in India Electric Vehicles under the National Electric Mobility Mission program by the Government of India.
The Top EV manufacturers will produce a large number of electric bicycles, electric bikes, electric cars, electric trucks, and three-wheeled electric cars (also known as trios) over the next two decades.

National Electric Mobility Mission Plan (NEMMP) was launched in 2013 to promote hybrid and electric vehicles in the country to reduce the use of liquid fuel and regulate the sale of hybrid and electric vehicles in India.

India is the 5th largest automobile market in the world and it is growing rapidly.
the central government and state governments always bring new policies and initiatives such as the National Electric Mobility Mission Plan, FAME-I and II, the National Mission for Transformative Mobility and Battery Manufacturing, and the Phased Manufacturing Program, to promote Electric Vehicles in India and to adopt the complete EV Environment.
Electric cars have many advantages which support the Environment and help to reduce Pollution.

Top 10 Electric Vehicle Manufacturers in India 

1. Ola Electric
2. Tata Motors
3. Ather Energy
4. Mahindra Electric Motors
5. TVS Motors Company
6. Hero Electric
7. MG Motors
8. Okinawa Autotech
9. Ampere Electrics
10. Ashok Leyland

Ola Electric

Ola was founded in 2011 by Bhavis Agarwal and it is one of the world’s largest ride-sharing companies in India. due to dependency on fossil fuel and the harmful effect of burning fuel ola is set to move towards the complete use of an electric vehicle.

Ola serves over 160 cities in India and it’s still growing;

Also, The company will develop “Mission Electric” as a platform to bring one million Electric vehicles onto the road by 2021. Ola soon going to launch its Ola Electric Scooter, electric cars, and electric Riksha in India.

Ola is building its first electric scooter manufacturing facility in Tamil Nadu, intending to bring Electric vehicles to Indian roads by August 2021. The factory will be fully functional and will have an annual capacity of 2 million units.


Tata Motors Pvt Ltd.

Tata is a well-known Car Manufacturer in India and it is the largest Electric Vehicle manufacturer in India. In association with EESL for India’s Mission 2030 electric, Tata Motor produces 10,000 electric cars for government offices all over India.

Tigor EV and Tiago EV are two electric cars manufactured by Tata Motors and it is the Cheapest electric car in India also.  The company successfully released its first unit of 230 Tigor EVs to government officials in India.

Read More: Start EV Charging Station Business in India

Tiago has become a grand success for Tata by making sales of an average of 5600 units per month in the last 12 months. The marketplace has been up for Tata after Hexa, Tigor, and now Nexon.

Tata is listed in the 4th position in “Top car makers in India” The company’s manufacturing base in India is spread across Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), Sanand (Gujarat), and Dharwad (Karnataka).


Ather Energy Pvt Ltd. 

The Bengaluru startup Ether Energy has become an overnight sensation with its Ather 450X  electric scooters and Ather energy grid,  Which provides charging infrastructure in the major routes of Bengaluru.

Later, the company also launched Ather 450 and Ather 340 Electric scooters in the Market. Ather Energy Preliminary manufactures electric scooters in India.


Mahindra Electric Motors 

Mahindra & Mahindra Limited is an Indian multinational automotive manufacturing corporation headquartered in Mumbai and is the Leading Electric Vehicle (EV) Manufacturer in India. it is the only company in India providing electric cars for public ownership. the company is involved in designing and manufacturing compact electric vehicles.

The Company,  Mahindra Motors Is listed among the top 3rd car manufacturers in India. The company has launched electric Vehicles such as eVerito, eSupro, Treo, eAlfa Mini, and e2oPlus.  and these EVs makes a huge success for Mahindra Electric. it has reported historic retail sales of 2,000 units (eVerito, EAlpha, and Electric Treo cumulatively) in October 2019.


TVS Motors

  • TVS iQube
  • TVS iQube S, TVS iQube ST

TVS Motor is a true leader in the global two and three-wheeler industry, with a well-established presence in over 80 countries. They are passionate about creating innovative, high-quality products that not only meet but exceed our customers’ expectations. They have over a 100-year legacy of trust and value, which is reflected in their commitment to sustainable mobility and environmentally responsible manufacturing processes.

Their dedication to excellence has been recognized through numerous awards, including the prestigious Deming Prize, which we are the only two-wheeler company to have received.

At TVS Motor Company, they aim to deliver the best possible customer experience, no matter where their products are sold. From the Indian subcontinent to Latin America and beyond, they strive to make a positive impact on the communities they serve through their commitment to sustainability, innovation, and customer satisfaction.


Hero Electric 

  • Hero Electric Flash
  • Hero Electric Optima CX: With dual battery and a single battery pack
  • Hero Electric NYX
  • Hero Electric Dash
  • Hero Electric Atria
  • Hero Electric Photon
  • Hero Electric bike AE-47 and AE-29
  • Hero electric Eddy

The HERO brand was established in 1956 by the Late Mr. Dayanand Munjal with a vision to provide mobility to millions in India.

Over the years, the brand expanded its portfolio to include bicycles, motorcycles, healthcare, and other fields, becoming the most renowned and trusted name in India and other parts of the world. Following a realignment of family businesses, Kross Bikes, Hero Exports, and Mediva came under the umbrella of Hero EcoTech, which is headed by Mr. Vijay Munjal.

Hero Electric, India’s first and largest manufacturer of electric 2-wheelers, has since grown to have hundreds of thousands of satisfied customers. The company’s story is one of growth and expansion, driven by a commitment to providing mobility solutions that are accessible, reliable, and sustainable.


MG Motors

MG Motor, or Morris Garage, is a British marque known for its sports cars and mini cars. It was founded in 1924 by Cecil Kimber. MG Motors has launched its first electric car ZS EV from Rs 20.99 lakhs to Rs 24.18 lakhs, leading to huge sales for MG Motors. MG Hector, Gluster, ZS EV Sales Cross 5,500 in March 2021 – and this is the Highest Ever.

Also, MG always gives complete satisfaction to its customers, and along with the price, MG Hector is worth the money which is an amazing driving experience.

MG is all set to launch the new EV in the automobile market. The top 6 upcoming electric cars by MG Motors will be launched in India ZS, RC-6, 3, Marvel X, and G10 2021-2023. These include 5 sport utilities, 2 sedans, 2 hatchbacks, and 2 MUVs.


Okinawa Autotech Pvt Ltd. 

This is a complete Indian Electric two-wheeler manufacturing company in India that was established in 2015.

Okinawa Autotech Pvt Ltd. is famously known as Okinawa Scooters, a 100% Indian electric two-wheeler manufacturing company in India.  The company achieved a unique milestone with its Praise electric scooter. By riding on the toughest motoring road in the world Khardun la ( Mountain pass in the Ladakh region).


Ampere Vehicle Pvt  Ltd

It started in 2008, Ampere Electric Scooters Brought a revolution in the Indian EC industry by introducing affordable personal mobility solutions.  Ampere Vehicle PVT Ltd is famous for Low-speed Electric vehicles. ampere is leading in Manufacturing Electric Scooters in India by covering 14% of the Market Share.

REO Elite, Magnus Pro, Zeo Plus, and 60 are some of the electric two-wheeler models from Ampere Electronic.


Ashok Leyland 

Ashok Leyland is a very popular automobile company in India and is the second-largest manufacturer of commercial vehicles in India. The company, Ashok Leyland is known for manufacturing heavy trucks, buses, and commercial light vehicles.

the company plays a major role in developing complete mobility solutions and is globally recognized as an asset in the defense logistics player for the armed forces. It is a major contributor to military vehicles.

Ashok Leyland will develop and manufacture electric buses with ABB’s TOSA technology, which upgrades the battery in seconds. TOSA is the world’s fastest flash-charging connection technology the charging time is just 15 seconds and the battery is charged with a 600 kW power boost. and that’s amazing-

Also, the Government of India is promoting the use of electric vehicles (EV) and electric vehicle manufacturing to reach 30% of the total fleet available in India by 2030.

 


Some Other Electric Vehicle Manufacturers in India

Bajaj Electric 

  • Baja Chetak

Chetak, the iconic scooter brand, has made a comeback with a modern and eco-friendly twist! The Bajaj Chetak electric two-wheeler was launched in January 2020, offering a stylish and sustainable option for urban commuters. Boasting a steel body with IP67 water protection, this electric scooter comes in 6 vibrant colors and 2 variants – Premium and Urbane.

With a range of 90 km per charge and a top speed of 70 km/hr, the Chetak is a reliable and efficient mode of transportation. Plus, with the option for a 60 Minute Quick Charge, up to 25% of battery, you can be back on the road in no time! So, whether you’re commuting to work or zipping around town, the Chetak is the perfect combination of style, sustainability, and convenience.


Okaya Electric Vehicles 

  • Okaya Fast electric scooter

Okaya, a leading battery manufacturer in India, has expanded into the electric vehicle market with its line of Okaya electric vehicles. The company is committed to creating sustainable and reliable transportation solutions that are eco-friendly and accessible to all.

With a focus on innovation and technology, Okaya is quickly becoming a key player in the electric vehicle industry, offering a range of electric scooters, bikes, and rickshaws that are both efficient and affordable.

With its emphasis on quality and performance, Okaya is poised to make a significant impact on the future of transportation in India and beyond.

With a starting price of just Rs 89,999 and state subsidies available, this scooter is both affordable and eco-friendly. Boasting a top speed of 60-70 kmph and a range of 150 to 200 km on a single charge, you can easily zip around town or take longer trips without worrying about running out of juice.

And with Lithium Phosphate battery technology and a 4.4 kW battery, you can trust in the reliability and efficiency of this electric scooter. So, if you’re ready to experience the thrill of electric transportation, the Okaya Fast electric scooter is the perfect choice for you!


Kinetic Green 

For decades, Kinetic Energy has been a driving force in the world of transportation, with its legendary models like the Kinetic Luna and Kinetic Honda. With over 75 lakh vehicles sold, the company has proven itself to be a leader in innovation and progress.

And now, Kinetic is once again at the forefront of change with its range of Electric 2 & 3-wheelers. With sleek, sophisticated designs and cutting-edge technologies, these vehicles are not only stylish and efficient but they’re also built with a keen eye toward the future.

So, whether you’re looking for a reliable commuter vehicle or a fun and eco-friendly way to explore your city, Kinetic has the perfect solution for you! The kinetic electric vehicle fleet includes scooters, E2W, cycles, and buggies.


Pure EV

  • EcoDryft
  • Etryst 350
  • EPluto 7G
  • Etrance Neo

Pure EV is an electric scooter startup that is making waves in the Indian market with its innovative and eco-friendly products.

Founded by a group of engineers from the prestigious IIT Hyderabad, Pure EV is committed to driving the future of e-mobility with its cutting-edge designs and manufacturing processes. The company was established in 2019 and has since been successful at delivering electric scooters to the mass public. With a focus on quality and performance, Pure EV is quickly becoming a key player in the electric vehicle industry.

What sets Pure EV apart from other electric scooter manufacturers is their commitment to innovation and sustainability. By utilizing lithium-ion battery technology, the company is able to offer scooters that are both efficient and eco-friendly. And with a variety of models to choose from, riders can find the perfect scooter to fit their needs and style.


Summary 

Tata Motors, Mahindra Motors, MG Motor, Ashok Leyland Electric, Ola Electric, Ampere Vehicle Pvt  Ltd., Emotion Motors Pvt Ltd., Tunwal E-Bikes Pvt Ltd., Emflux Motors, Okinawa Autotech Pvt Ltd., Ather Energy Pvt Ltd., and Menza Motors Pvt Ltd. are the top 10 Electric Vehicle Manufacturers In India.

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