The Indian electric vehicle industry is experiencing remarkable growth, with a surge in demand for eco-friendly transportation options. As the nation embraces the shift toward electric mobility, a competitive landscape has emerged, featuring several prominent companies. In this article, we will explore the top 10 electric vehicle manufacturers in India, each contributing to the country’s electric revolution with their innovative and sustainable transportation solutions.
Factors to Consider When Choosing an EV Company:
- Vehicle type and range: Choose a company that offers the type of EV (two-wheeler or four-wheeler) and range that suits your needs.
- Price and features: Compare prices and features across different models to find the best value for money.
- Charging infrastructure: Consider the availability of charging stations near your home and workplace.
- Brand reputation and service network: Choose a company with a good reputation and a strong service network.
Table of Contents
Best Electric Vehicle Companies in India
Tata Motors Ltd
Tata Motors Ltd started in 1945 as TELCO, has made remarkable contributions towards the global shift in sustainable transportation. Tata Motors introduced a wide range of electric cars & commercial vehicles, setting new standards in eco-friendly mobility. Tata’s EV offerings combine state-of-the-art technology with a trusted brand, making it a fast-evolving EV market. Tata Motors plays a crucial role in shaping the future of transportation.
Mahindra Electric
Mahindra Electric now known as Mahindra Last Mile Mobility Limited, was founded in 2010 by Anand Mahindra and is a leading electric vehicle manufacturer based in Bangalore. With a range of electric cars and commercial vehicles, Mahindra Electric is a pioneer in electric mobility. Through their focus on sustainability & innovation, they are actively contributing towards eco-friendly transportation solutions.
Olectra Greentech Limited
Olectra Greentech Ltd. is an Indian company, founded in 2000 by NK Rawal and V Sumantran, specializing in electric mobility solutions, particularly electric buses. They are renowned for their cutting-edge and environmentally friendly public transportation options, which include electric buses made to lower carbon emissions and support cleaner cities. Olectra Greentech plays an important role in sustainable transportation and public transit systems.
Ashok Leyland Ltd
Ashok Leyland Ltd, founded in 1948, and flagship of the Hinduja group, is an Indian industrial vehicle and bus manufacturer located in Chennai, India. With a rich heritage, the company has established itself as a leader in the commercial vehicle industry, known for its durable and reliable trucks, buses, and other automotive products. Ashok Leyland contributes to the growth and development of transportation and logistics in India and globally.
Ola Electric
Established by Bhavish Aggarwal in 2019, Ola Electric Mobility is an Indian manufacturer of electric two-wheelers, based in Bangalore, India. Ola is at the forefront of India’s electric vehicle (EV) revolution. They are dedicated to creating a sustainable future by manufacturing & promoting electric scooters and other EV solutions. With a strong commitment to green mobility and technological innovation, Ola Electric is driving the adoption of electric two-wheelers and contributing to the reduction of carbon emissions in urban transportation.
TVS Motor Company
Founded by T.V. Sundaram Iyengar – TVS Motor Company, known simply as TVS, an Indian company founded in 1978 & headquartered in Chennai, has ventured into the electric vehicle (EV) sector with a focus on producing environmentally friendly two-wheelers. Their range of electric scooters, positioning TVS as a key player in the growing EV market in India.
Bajaj Auto Limited
Bajaj Auto Limited, a well-established Indian automotive manufacturer by Jamnalal Bajaj in 1945, has entered the electric vehicle (EV), arena with a range of electric scooters and motorcycles. Leveraging its extensive experience and reputation in the industry, Bajaj Auto aims to contribute to the transition to sustainable and eco-friendly mobility solutions in India and beyond.
Hero MotoCorp Ltd
Hero MotoCorp Ltd, founded by Brijmohan Lall Munjal in 1984, a prominent player in the Indian motorcycle industry, has made strategic forays into the electric vehicle (EV) segment with electric scooters and motorcycles. Leveraging its vast distribution network and brand recognition, Hero MotoCorp is playing a pivotal role in promoting electric mobility and shaping the future of transportation in India.
Hyundai Motor India
Hyundai Motor India, a subsidiary of Hyundai Motor Company, a South Korean automobile manufacturer is making significant strides in the electric vehicle (EV) market. In its commitment to providing customers with cutting-edge global technology, Hyundai has a modern multi-million-dollar R&D facility in Hyderabad. Hyundai Motor India is contributing to the adoption of EVs in the Indian automotive landscape, offering greener and more efficient mobility choices.
Maruti Suzuki India Ltd
Maruti Suzuki India Ltd, which began its journey in 1981, has been progressively entering the electric vehicle (EV) market to meet the surging demand for EVs. Leveraging its widespread network and robust brand recognition, Maruti Suzuki is set to play a pivotal role in the widespread adoption of full hybrid technology in electric vehicles across India.
Finally…
In a nutshell, the electric vehicle market in India is rapidly evolving, with numerous companies striving to make their mark. The top electric vehicle companies in India, such as Tata Motors, Mahindra & Mahindra, Ola Electric, etc…., are driving innovation & sustainability in the automotive industry. With a growing emphasis on eco-friendly transportation solutions, these companies are poised to play a pivotal role in shaping the future of mobility through sustainable living in the country.
