Under the banner of the Government of India’s National Electric Mobility Mission Plan, the automobile industry and Indian car manufacturers are working on the Make In India mission of electric cars. Within the next two decades, India’s electric vehicle sector will generate a greater number of electric motorcycles, electric vehicles, and electric three-wheelers. With the government’s goal of being entirely electric by 2030, various brands have emerged in India’s electric car industry. Their goal is to make EVs more inexpensive, dependable, and ideal replacements for ICE. The auto industry is on the verge of a shift: from internal combustion engine (ICE) vehicles to electric vehicles in an attempt to embrace greener transportation. Surprisingly, Indian corporations are driving the switch to EVs.
Have a look at the top 10 EV (Electric Vehicle) manufacturers in India
- TATA Motors
Tata Motors is India’s largest automaker. Its automobile business includes the production of automobiles, commercial vehicles, buses, trucks, and defence vehicles. Jaguar Land Rover and Tata Daewoo are among its affiliate firms. However, as compared to Mahindra, Tata is a new entry in the EV industry. Tata Motors was one of the earliest Indian automakers to jump on the electric car bandwagon. It was the first to examine the EV space, much ahead of the competition, and now has a modest first-mover advantage. Tigor EV was the manufacturer’s first electric car for private consumers, and it cost a lot of money in 2019. In February 2022, this vehicle accounted for 95% of total electric vehicle sales.
Mahindra Reva, its first EV, was launched in 2001. The Mahindra Reva was the country’s first electric vehicle. Mahindra has established a specialized R&D centre in Bengaluru throughout the years. Mahindra Electric, which has been a key participant in the automotive business for several decades, has achieved rapid growth by swiftly recognizing the demand for electric vehicles and acting appropriately. Its history can be traced back to 2001, with the introduction of the Mahindra Reva, which was one of the world’s first electric vehicles, selling in foreign markets such as the United Kingdom, Germany, and France.
The Mahindra E20 and eVerito are two of its other EV models. Mahindra, on the other hand, has focused not just on the production of EVs but also on the production of battery packs and has cooperated with several organizations to promote EV charging.
Hyundai launched its electric car marketing in India in 2019 with the launch of the Kona SUV. Despite the fact that the industry was in its early stages at the time, it was among the first international brands to develop an electric vehicle for the Indian market. After carefully analyzing the Indian EV market and considering numerous factors, the South Korean automaker is expected to debut six new electric vehicles at various pricing ranges by 2028. It intends to do so in collaboration with its sister brand, Kia Motors, by pooling resources and targeting diverse types of market customers.
- Hero Electric
Hero Electric is now the market leader in the electric two-wheeler industry. Consumers have developed a sense of faith and trust in the brand because it has been a well-established brand in the business for over 14 years. Having said that, Hero Electric is able to sell thousands of electric two-wheelers each month, setting a new record. It intends to produce over one million EVs by 2025, while also expanding its factory and charging facilities. The firm now has 2000 charging stations around the country, with 20,000 more on the way, making it much simpler for its clients to swiftly charge their two-wheelers at different spots. Hero Electric’s e-scooter portfolio includes the Optima HX, Photon HX, NYX HX, Flash LX, and Atria LX. Its sales figures indicate that the corporation has sold more than 46,260 electric scooters in the year 2021.
- Olectra Greentech
Olectra Greentech is India’s leading maker of electric buses. It has received multiple orders for public transportation buses from state governments. Olectra now has a 40% market share in the electric bus sector and wants to manufacture electric three-wheelers and commercial vehicles at its 150-acre production site in Hyderabad. Olectra Greentech, founded in 1992, is a firm that cannot be overlooked since it has been a leader in the field of electric public buses. The firm is now India’s largest maker of electric buses. The firm is a member of the MEIL group.
The firm offers several models, including the K6, K7, and K9 E buses. When it comes to E buses, their K9 series is regarded as groundbreaking.
- Ashok Leyland
Ashok Leyland, a commercial vehicle manufacturer, has also joined the EV market, producing passenger electric buses. However, it has recently shifted its EV business to its step-down company, Switch Mobility Automotive Ltd (SMAL), in order to concentrate on its main business of commercial trucks and buses. Ashok Leyland remains a substantial stakeholder in the newly established subsidiary and will be in charge of the company’s strategic choices. Ashok Leyland creates electric variations tailored for Indian circumstances and has also used battery switching in electric buses to satisfy the country’s e-mobility demands. It has introduced many electric bus models, including the Circuit, HYBUS, Electric Euro 6 Truck, and the iBUS.
However, the company’s immediate focus is primarily on increasing exports. Several passenger buses in its fleet, including the Circuit, Solo, Metrocity, and Metrodecker, are provided to other cities such as London.
- Ola Electric
Through its Ola S1 and Ola S1 Pro electric scooters, Ola Electric Mobility, a branch of Ola Cabs, has taken the market by storm. The firm manufactures electric two-wheelers in its 500-acre automated plant in Tamil Nadu’s Krishnagiri area. Ola now produces 1000 electric scooters and pledges to be the world’s largest two-wheeler brand in the next years, with a yearly output of 10 million units. The S1 and S1 Pro e-scooters have dominated the market thanks to high-end features like keyless ignition, a huge cargo area, an external charging connector, and a plethora of smart capabilities available via the large LED display. Both of these scooters have amazing performance capabilities.
- Ather Energy
Ather Energy created India’s first smart electric scooter, the S340. Launched in 2016, the scooter included never-before-seen capabilities on a two-wheeler such as a capacitive touch screen, user-based profiles, and even an app to control the e-numerous scooter’s settings. As an active participant in the EV industry, Ather has built its charging infrastructure, known as Ather Grid, throughout 21+ cities and 220 sites in India. It presently produces two electric scooters, the Ather 450X and Ather 450 Plus, both of which have features such as reverse assist, a high-end suspension system, and a slew of advanced features such as Bluetooth connectivity and monthly riding metrics.
Ather created electric scooters that raised the benchmark high and inspired other EV manufacturers to innovate and push the edge. Its flagship electric scooter, the 450X, is one of the most feature-rich in the country, with a genuine riding range of roughly 85 kilometers on a single charge.
Okinawa is a popular brand of electric two-wheelers among teenagers. The Gurugram-based firm, which was launched in 2015, creates sporty-looking e-scooters that are frequently linked with speed and performance. Okinawa was ranked second among India’s best two-wheeler brands as of February 2022. It has been able to acquire a significant portion of the market share by offering two-wheelers in a variety of pricing ranges, giving it a competitive advantage. It produces its cars in a factory in Bhiwadi, Rajasthan, which is responsible for the production and delivery of six electric two-wheelers in its portfolio, including the Okinawa R30, Ridge Plus, Praise, i-Praise, and OKHI-90, which will compete directly with the feature-packed Ola S1 Pro.
- Ampere Vehicles
As of February 2022, Ampere Vehicles is the third largest two-wheeler EV brand in the country. Founded in 2008, the firm began by offering automobiles for the differently-abled under government contracts. After years of development, it released the V60 electric scooter in 2010 and then produced an indigenous charger and an IQ battery. It has supported various investments from individuals such as Shri Ratan N Tata throughout the years. It presently has four electric scooters in its fleet: Magnus EX, Magnus, Zeal EX, and Reo Plus, which range in price from Rs 45,000 to Rs 80,000. In terms of sales, the firm sold a total of 4303 units in February 2022.
This article will address India’s top electric car inventories as well as a list of top Electric Vehicle Manufacturers in India, as well as their present performance in the electric vehicle industry and future prospects. The Indian government has set the objective of substituting all internal combustion engines with electric cars as its own. The government has established crucial goals to support the development of electric cars, but more work is needed to meet these targets. Above all, the contributions of these prominent Electric Vehicle Manufacturers in India will be critical to attaining electric mobility in India.