Top 10 Electric Vehicle Companies In India

Did you know?

India (Bharat) is the 5th largest automobile manufacturer in the world.

According to Business Standard, the Indian electric vehicle ecosystem is growing and estimated to reach 47 billion markets by 2026.

Well, credit goes to all-electric vehicle manufacturers’ policies and government initiatives to step up infrastructure adoption. Indian government launched 2 programmes:

  • National Electric Mobility Mission Plan – This was created to promote hybrid and electric vehicles and save the environment.
  • Faster Adoption and Manufacturing of Hybrid and Electric vehicles (FAME): An initiative for purchasing electric vehicles.

Resultant, the Indian car manufacturers quickly grasped and working on manufacturing made in India electric cars.

Today, India has over 10 electric vehicle manufacturers and aim to produce a variety of EVs (bikes, cars, 3-wheelers). Let’s read more about Indian EV manufacturers and their offerings:

Skip to Companies:
Tata EV
Mahindra EV
Revolt EV
Ola EV
Audi EV
Hero EV
Hyundai EV
Ather EV
Ashok Leyland EV
Mercedes-Benz EV
MG Motors EV

1. Tata Electric Motors

Evolve to electric, Tata motors is one of the rising electric vehicle companies in India. The Indian auto giant successfully managed road testing, customer requirements and started with commercial vehicles.

Tata Nexon EV
Tata Nexon EV

The manufacturer didn’t take much time and launched an electric version of two successful vehicles – Tigor EV and Nexon EV. Guess what? The manufacturer received good reviews. Resultant, Tata EV is dominating the Indian EV market share.

As of today, Tata Motors has different types of electric vehicles in India. Be it electric buses or consumer cars, Tata’s electric initiative created a rush in the Indian electric vehicle industry and aiming to ‘lead change’ on carbon footprint.

That’s not all, Tata Motors has planned to go aggressive in the EV car market by launching 10 new EVs by 2025.

List Of Tata Upcoming Electric Cars

  • Altroz EV

2. Mahindra Electric

Mahindra Electric, also known as Reva Electric, is the first player, or you can say the pioneer of EV cars in the Indian market. The SUV manufacturer established a new EV division to promote the growth of green transportation.

Mahindra e2o Plus
Mahindra e2o Plus

They combined the country’s leading EV brand – Reva Electric, founded in 1994 and rebranded to Mahindra Reva Electric Vehicles as a new electric car company. Mahindra Electric launched their first EV – Reva, and presented a new mobility solution to consumers globally.

That’s not all, Mahindra has heavily invested in their Chakan plant to scale manufacturing and R&D. Like Tata, Mahindra has a wide range of commercial and electric passenger vehicles.

  1. Treo: A low maintenance 3-wheeler
  2. eSupro: India’s first passenger and cargo van
  3. eAlfa Mini: An electric rickshaw for local markets
  4. eVerito: First electric sedan in India
  5. e2oPlus: India’s first electric passenger car

Mahindra Electric has planned to increase it further with more vehicles in the commercial and consumer market.

List Of Mahindra Upcoming Electric Cars

  • eKUV100
  • Atom

3. Revolt Motors

The Revolt was started by Micromax co-founder Rahul Sharma. Earlier, Micromax was one of the Indian brands that revolutionised the Indian mobile industry, and I can expect similar results with Revolt motors.

Revolt 400
Revolt 400

Revolt is the next-gen mobility company with India’s 1st AI-enabled technology. According to Rahul Sharma, Revolt doesn’t compromise performance and efficiency, making it one of the best electric bikes for a regular urban ride while lowing carbon emissions.

The EV manufacturer’s vision is to democratising clean commute using smart solutions. Revolt offers two electric bikes:

  1. RV 300: It offers a top speed of 65 kmph with 80 kms of range.
  2. RV 400: A little higher, RV 400 has a top speed of 85 kmph and 80 kms range.

Currently, Revolt is operating from the Manesar plant and offering in Delhi, Pune, Chennai, Hyderabad, Ahmedabad and Mumbai cities only. You can either buy or rent the bike.

List Of Revolt Upcoming Electric Bikes

  • NA

4. Ola Electric

Founded by Bhavish Aggarwal in 2017, Ola Electric is an Indian electric 2 wheeler manufacturer.

Talking about Bhavish Aggarwal, he is the founder of Indian’s largest cab provider – Ola Cabs and one of the most influential people in the Indian startup world.

OLA S1 scooter
OLA S1 scooter

Earlier in 202, Ola Electric acquired Amsterdam based Ev startup Etergo and merged into Ani technologies to start a new electric vehicle manufacturing company. Currently, Ola Electric operates from a world-class and world’s largest 2-wheeler manufacturing factory in Tamil Nadu.

The automated plant, also known as Future Factory, is spread in 500-acre land and claims to produce 10 million units annually.

In vehicles, Ola Electric offers an S1 scooter. The electric scooter comes in two varieties – Pro & Standard with 10 exciting colour options – Coral Glam, Jet Black, Marshmellow, Neo Mint, Porcelain White, Anthracite Grey, Millenial Pink, Midnight Blue, Liquid Silver, Matt Black.

List Of Ola Upcoming Electric Bikes

  • NA

5. Audi Electric

The Audi group started its Indian operations in 2007 and received overwhelmed response from Indian car buyers. Audi consistently improved its strength and product strategies to attract millennials buyers, giving a tough face-off to other brands such as BMW & Mercedes-Benz.

Audi Electric
Audi Electric

Moreover, Audi added a new range of EVs to add more wheels to the stable and sync with their sustainability program. The automaker will stop producing IC engines by 2025 and move to full-electric drivetrains globally.

In terms of EV range, Audi India offers luxury as well as a performance lineup. These EVs come with the latest driving technology to meet your all requirements. Below is the list of EVs offers by Audi in India:

  • Audi e-tron GT
  • Audi RS e-tron GT
  • Audi e-tron
  • Audi e-tron Sportback

The brand promises complete peace of mind by offering an 8-years of battery warranty, 5-years of roadside assistance and 2 complimentary chargers.

List Of Audi Upcoming Electric Bikes

  • Audi Q5 TFSI e
  • A7 TFSI e
  • A8 TFSI e

6. Hero Electric

Hero Motors is the first and largest 2-wheelers manufacturer in India. The brand was founded in 1956 by Late Mr Dayanand Munjal with a vision to provide the best and pocket-friendly mobility solutions for an Indian buyer. Since then, Hero has served over 3 lakh customers and growing against Bajaj OR TVS Motors.

Hero Electric
Hero Electric

The brand had followed the same strategy in the EV market. Compared to rivels, using the largest distribution and sales network, Hero Motors has strengthened its roots way before and became India’s No. 1 electric 2-wheeler brand.

Today, the leading electric 2-wheeler company offers 10 products:

  • Velocity: An electric cycle
  • Photon Hx: 42km/hr
  • Optima HX – Dual Battery: 42m/hr
  • Optima HX – Single Battery: 42m/hr
  • NYX HX (Dual Battery): 42m/hr
  • Optima LX (VRLA): 25km/hr
  • Optima LX: 25km/hr
  • Flash LX (VRLA): 25km/hr
  • Atria LX: 25km/hr
  • Flash LX: 25km/hr

List Of Hero Upcoming Electric Bikes Or Scooter

  • AE-29
  • AE-3
  • AE-47 E-Bike
  • AXLHE-20
  • AE-75
  • A2B
  • AE-8

7. Hyundai Electric

Hyundai is 2nd largest car manufacturer in India. The Korean automobile manufacturer started its Indian operations in 1996 and became a good rival to Maruti Suzuki India.

Hyundai Kona Electric
Hyundai Kona Electric

The company has achieved multiple “Indian Car of the Year” awards. A survey done by JD Power, Hyundai is No 1 in after-sales customer satisfaction.

Hyundai Motors has over 15 regional offices and one plant situated in Tamil Nadu.

In terms of EVs, Hyundai launched an SUV – Kona and promises a powerful experience for Indian buyers. The SUV accelerates from 0-100 km/h under 9.7 seconds with a total driving range of 450 km. Similar to Audi, Hyundai promises peace of mind with an 8 years/160000 km battery warranty.

List Of Hyundai Upcoming Electric Cars

  • NA

Also Read:

8. Ather Energy

Founded by Tarun Mehta & Swapnil Jain in 2013. Ather is an Indian 2-wheeler electric vehicle company and a direct rival to Ola Electric. The company has headquartered in Bangalore and offers 3 electric.

Ather Electric Scooter
Ather Electric Scooter

Currently, Ather has more than 7 experience centres to check products and check behind the brand scenes. Electric vehicle manufacturer focuses on performance and zip ride. Ather Energy also created a Grid, an extensive public charging network across India.

The Ather Energy accounts Sachin Bansal, Hero MotoCorp as direct investors to help in research and future products.

In vehicles, Ather Energy offers 450X Series 1, 450X & 450. All Ather electric scooters come with a big touch screen, mobile app and exciting colours (grey, white, green, etc.)

List Of Ather Energy Upcoming Electric Bikes

  • NA

9. Ashok Leyland Electric

Owned by Hinduja Group, Ashok Leyland is 73 years old vehicle manufacturing company in India. They are the second-largest commercial and fourth-largest buses manufacturer in India.

Ashok Leyland Electric Bus
Ashok Leyland Electric Bus

Ashok Leyland has launched electric versions of trucks and buses. Currently, the commercial vehicle manufacturer operates from the Chennai plant and other 4 plants situated in Maharastra, Rajasthan, etc.

List Of Ashok Leyland Upcoming Electric Buses

  • NA

9. Mercedes Benz Electric

Manged by Daimler AG, Mercedes Benz India was founded in 1994. The German car manufacturer started operations (assembling and manufacturing) in a world-class plant in Chakan, Maharashtra. According to Mercedes-Benz, the Chakan facility is rated as the top and biggest CKD plant globally.

Mercedes Benz Electric
Mercedes Benz Electric

The luxury car manufacturer offered “EQ – Electric Intelligence by Mercedes Benz“. Under this brand, the new electric car division has planned an electromotive ecosystem of cars, services, technologies, and upcoming innovations.

The “EQ” based electric cars will carry appealing design, top-notch driving pleasure, and maximum comfort and safety. Currently, Mercedes Benz India offers 4 EVs:

  • EQB – Luxury electric Crossover
  • EQC – Luxury electric Crossover
  • EQE – Luxury electric Sedan/Saloon
  • EQV – Luxury electric Multi-Purpose Vehicle

The Mercedes-Benz is ready for e-mobility and invested billions of dollars for best-in-class EVs for every segment.

List Of Mercedes-Benz Upcoming Electric Cars

  • EQS – Luxury electric Sedan/Saloon
  • EQA – Luxury electric Crossover

10. MG Motors

MG India was established in 2017 with a mission to provide smart vehicles for Indian buyers. The brand has collaborated with SAIC Motor Corporation (a Chinese automobile design and manufacturing company) for design and technology innovations.

MG ZS EV

MG office is headquartered in Gurgaon (Haryana) and manufactures in Halol Gujrat. The manufacturer had takeover a 178 acre GM plant and invested over Rs 2000 Cr.

According to Rajeev Chaba, MG India President & MD, the Internet car is an enhanced version of connected cars, and it’s the future of mobility. Being a new electric car company, MG is marrying green cars with autonomous drive and intelligent AI. This will be the future, and MG is gearing up with the pace. Currently, MG offers 4 cars of which 3 comes with an engine, and the ZS EV is fully electric.

  • MG Astor
  • MG Hector (6 & 7 Seater)
  • MG ZS EV
  • MG Gloster

List Of MG Motors Upcoming Electric Cars

  • NA

Also Read:

FAQs:

Which is the largest car manufacturer in India?

With revenue of Rs 2,96,917 Cr and a good market share (6.3% passenger vehicles and 45.1% commercial vehicles), Tata Motors is India’s largest car automobile manufacturers in India. The brand provides mobility solutions in 174 counties and offers cars, trucks, and other vehicles.

Which country has the best automotive industry?

China manufacturers the largest number of passenger and commercial vehicles in the world.

How many electric car companies are there in India?

There are 10 electric vehicle makers in India – Tata EV, Mahindra EV, Audi EV, Hero EV, Hyundai EV, Mercedes-Benz EV and MG Motors EV. Tata offers the cheapest EV, and Audi has the most expensive EVs in India.

Does India make electric cars?

Yes, there are different Indian automobile companies such as Tata, Mahindra making electric cars.

Which is the cheapest electric car in India?

Tata Tigor is the cheapest electric car in India.

Are electric cars good for India?

Not just for India, Electric cars are good for the entire world as they emit zero pollution.

Why is an electric vehicle so expensive?

EVs are expensive because of battery cost and other high-performance electronics parts. These cars come fitted with the same lithium-ion battery you see in your mobile or laptops.

by Shailesh Thakran
Hi, I am a Marketing professional with expertise in SEO. I help Organizations/Startups in Structural, Design and Content Marketing to become online entities. I love blogging, mainly about automobiles, travel trailers & everything related to wheels. With the help of Thorttlebias, I want to educate and share in-depth articles/tips for other RVers. Outside of work, I love to read & play with my Rottweiler. Guess what! We can be friends, below are my social profiles.
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