Today electric vehicles (EV) are in demand, is because of two major reasons first the increase in petrol/diesel prices, and second is pollution caused by these vehicles.
Even though there are other reasons why people are buying EV vehicles like you don’t need a driving license to run this scooter, and you don’t have to pay for pollution or carry a helmet.
Many companies are claiming to be the best, but when it comes to delivering the best result and quality they lack in many aspects. To help you out with the confusion here we have listed the top two-wheelers electric vehicles companies in India.
List of Top Electric Vehicle Companies in India:
1. Ather Electric:
Ather Energy is one of the most booming electric vehicle manufacturing startups in India. In 2013, Tarun Mehta and Swapnil Jain started the company in Bangalore, Karnataka.
From 2014 to May 2022 the company has raised $286.8M in funding over 7 rounds from its different investors like IIT Madras, Sachin Bansal & Binny Bansal (Flipkart founders), Tiger Global, and Hero MotoCorp.
Ather has its manufacturing plant in Whitefield, Bangalore, and a new production plant in Hosur, Tamil Nadu. Additionally, Ather Grid, a nationwide network of electric vehicle charging stations, has been established in recent times.
The Ather products can only be purchased through their official website which also offers doorstep delivery. Ather has experience centers in the cities where customers can learn about the vehicle (Hardware & Software), and even the test drive is also available.
Any Ather product can be obtained in a variety of methods, including long-term rentals, direct leases, hardware subscriptions, and exchange offers.
2. Hero Electric:
Hero Electric is a subsidiary of Indian multinational motorcycle and scooter manufacturer Hero MotoCorp, it was founded in January 1984 by Brijmohan Lall Munjal.
The company is a major two-wheeler producer both internationally and in India. The company’s headquarter is in New Delhi.
The largest two-wheeler manufacturer in India, Hero MotoCorp, introduced a brand for the electric vehicle (EV) market called Hero Electric in 2007.
The headquarter of Hero Electric is in Gurugram, Haryana. It currently holds a 65 percent market share in India’s market for electric two-wheelers and reports selling 50,000 of them in the past year.
Hero is a leader in the Indian electric two-wheeler industry and offers a wide range of products in both low-speed and high-speed segments. The vehicles can be purchased through its official website.
3. Bajaj Auto:
Bajaj Auto is a multinational Indian automotive manufacturing company founded by Jamnalal Bajaj in November 1945. It’s headquartered in Pune.
India’s second-largest motorcycle producer, Bajaj Auto, is the third-largest motorbike manufacturer in the world. The most valuable two-wheeler firm in the world-2020.
With the release of its electric scooter Chetak in 2019, renowned automaker Bajaj entered the market for electric vehicles. Additionally, Chetak Technology Ltd. was established on October 4, 2021.
The scooters are produced in Bajaj’s cutting-edge assembly factory in Chakan, Maharashtra. More than 500,000 electric two-wheelers can be produced at the plant per year.
In the Indian market, Chetak is recognized as another best electric scooters. It offers a wide range of the newest features, a great range, and a fast pace. The scooters are currently available in 4 different color variants and they can be purchased via its official website.
4. TVS iQube Electric:
TVS Motors entered the electric segment with a separate entity called TVS iQube Electric with an initial investment of Rs 1,000 crore, which is now available in 33 locations throughout the nation.
The TVS company is India’s third-largest two-wheeler manufacturer and one of Asia’s top five two-wheeler manufacturers. With exports to more than 60 nations, it is also India’s second-largest exporter.
The manufacturer claims that all of iQube’s hardware, software, battery solutions, and programming are produced in India. TVS Motors has partnered with Tata Power and Bescom to build a charging infrastructure across the country.
In the upcoming years, the company also intends to create a range of brand-new electric products. They are developing the TVS Creon electric scooter, which will have three lithium-ion batteries and a 12kW electric motor.
The iQube can travel 75 km on a single charge. It has a tonne of the newest features as well as other connectivity-based functions. The TVS scooter can be ordered via the company’s official website, and the distributor will deliver it to your doorstep.
5. Ola Electric:
Ola Electric was founded in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent company of Ola Cabs. To lessen fuel consumption and emissions, a pilot initiative was started in Nagpur in 2017 by obtaining electric vehicles from OEM partners and installing charging stations throughout the city.
By 2022, it intends to have 1 million electric vehicles in its fleet, according to an announcement made in 2018. Ola Electric was rolled as a separate company when founder Bhavish Aggarwal acquired 92.5 percent ownership in it from ANI Technologies between December 2018 and January 2019.
In exchange for enabling the usage of the brand name ‘Ola’ for Ola Electric, ANI Technologies maintained a 7.5 percent share in the company. It is a Bangalore-based company that raised around $707.0M in 7 rounds from different investors such as Tiger Global, Matrix India, SoftBank, Falcon Edge, etc.
After signing an agreement with the Government of Tamil Nadu, the firm announced its intention to build an electric scooter manufacturing facility (named the Futurefactory) in Tamil Nadu for 2,400 crores (US$310 million) in December 2020. It bought a 500-acre plot of land in Pochampalli, Krishnagiri District, in January 2021, and started building the factory there in late February.
Ola Scooters
Models:
Ola S1 and S1 Pro
Range:
120 km to 170 km(0 to 40 km/h in 3 sec)
Top speed:
90 km to 115 km
Battery Type:
22.98 kWh and a 3.97 kWh lithium-ion battery (non-removable)
In May 2020, Ola Electric bought the Amsterdam-based manufacturer of electric scooters, Etergo, and declared that by 2021, it would introduce its range of scooters in India. The company is currently offering 2 varients s1 and s1 pro with 10 different colors and you can purchase the vehicles from its official website.
Ola also made a significant multi-million dollar investment in the Israeli-based company ‘StoreDot’ battery technology company in late March 2022. To incorporate and produce extremely fast charging battery technologies for future vehicles in India.
6. Okinawa Autotech:
Okinawa Autotech is an Indian electric two-wheel manufacturing company based in Bhiwadi, Haryana, bootstrapped by ‘Jeetender Sharma’ in 2015.
With an investment of Rs 70 crore, Okinawa is the first and only manufacturer of electric two-wheelers to have an assembly line for motors and controllers, the next two most important parts of an EV after the battery, which it already produces at its Bhiwadi facility.
Currently, Okinawa Autotech operates a factory in Bhiwadi where a single shift can produce 90,000 units annually. The company intends to release three new electric scooter models each year and may soon consider producing electric motorcycles as well.
The company also invested Rs 500 crore in Rajasthan’s Karoli to build a new manufacturing facility. The factory will be fully operational starting in October 2023 and with a span of 30 acres of land. It will be able to produce 10 lakh units annually.
Currently, there are 7 scooters available in Okinawa. In India, Okinawa has a total of 74 Okinawa dealerships located in 55 different cities as of July 2022. You can book the vehicles or test drives from its official website.
7. Pure Energy:
Hyderabad is home to the Indian electric scooter manufacturer PURE Energy. Dr. Nishanth Dongari and Rohit Vadera started the company in 2015.
The company has completed hybrid solar storage projects for numerous commercial organizations, universities, hospitals, residential communities, NGOs, and schools.
After that, they began producing lithium-ion batteries under the name PURE Lithium and electric two-wheelers under the name PURE EV.
It has a 40,000-square-foot manufacturing plant in Kandi village, Hyderabad. It currently produces 2,000 units a month and intends to increase that to 10,000.
PureEV has several products in the market, including the Epluto 7g, Etrance, Egnite, and Etron+, ETrance+, and PurEnergy is working on an electric bike as well.
The company operates 120 stores, and its products are available in 14 major states in India. For booking of vehicle or test ride, you can visit the official website of PURE Energy.
8. Ampere Vehicle:
Hemalatha Annamalai started ‘Ampere’ with the mission and zeal to revolutionize daily transportation. With a vision of a sustainable future, the company started a series of events that would eventually make eco-friendly mobility accessible to everybody.
Ampere is situated in Coimbatore, Tamil Nadu. The company has raised $3.3 million from a variety of investors, including Forum Synergies, Ratan Tata, Abdul Latif Jameel, and others. The company runs 2 factories with a 60,000-unit capacity annually. It was also a part of the government’s 2009 scheme for providing vehicles to people with disabilities.
The business opened a new plant in 2015, and later in 2018, Greaves Cotton, a manufacturer, and distributor of diesel engines, made an investment and acquired a majority stake in Ampere. Additionally, it became a 100 percent subsidiary of Greaves Cottons in 2019, the same year more than 200 outlets were opened nationwide.
Ampere Scooters
Models:
Magnus EX, Reo Plus
Range:
55 km to 120 km
Top speed:
25 km to 60 km
Battery Type:
48V, 28Ah, and 60V, 38.25AH Advanced Lithium Battery
Bounce Infinity is a subsidiary of Bounce. Varun Agni, Vivekananda Hallekere, and Anil G started Bounce in 2018. Bounce was founded as the country’s first smart mobility service to make daily travel quick, stress-free, reliable, and affordable.
Bounce focused on the demand for accessible and secure transportation solutions for a variety of daily commuters in its ride-sharing notion. It aims to meet a variety of mobility demands, from long-distance travel to last-mile assistance.
The first electric scooter in India that doesn’t require charging as it comes with dual options first, a swappable battery (Bounce swapping station) – A scooter with Battery-as-a-Service (BaaS), and a second Scooter with battery and charger.
The first BaaS option in the Indian market significantly reduces the initial cost of scooters by up to 40% compared to traditional electric scooters. The Bounce Infinity E1 also comes with a battery that can be removed from the scooter and charged by the customer at home, in the office, or elsewhere.
Meanwhile, the company is targeting 10 cities with at least 300 battery replacement stations per city to provide battery replacement as a practical tool for the rapid adoption of EVs in India.
Bounce is currently available in New Delhi, Gujarat, Maharashtra, Karnataka, and Telangana in 5 different colors. You can purchase the vehicle at Bounce’s official website and on Flipcart as well.
10 Simple Energy:
Simple Energy is a Bangalore-based company founded in 2019 by Suhas Rajkumar. With a mission to shape the future of mobility by accelerating the future of mobility by creating more accessible, affordable, safer, and more comfortable electric vehicles.
Simple Energy has raised around $21.9M in 5 rounds of investment from different investors. The company has an annual production capacity of 1 million units from its manufacturing hub in Hosur, Tamil Nadu.
Simple Energy has dealers in 13 major states throughout India and is available for delivery across India. For more information on the booking process and vehicles, you can visit its official website.
11. Kabira Mobility:
Kabira Mobility is an Indian electric scooter manufacturing firm situated in Verna, Goa. Founded in 2017 by Jaibir Siwach and a group of aspirant engineers to revolutionize urban mobility, it was officially introduced in 2019.
Kabira Mobility has two production plants in India Verna, Goa, and Dharwad, Karnataka. Which combined can produce 1,25,000 units per month. It has invested around Rs 300 crores in this company.
The company has so far released six electric scooters under the names Intercity Aeolus, Kollegio Neo, Kollegio Plus, Aetos 100, Intercity Neo, and Kollegio.
In February 2021, it introduces the KM3000 & KM4000, India’s Fastest and Longest Riding Electric Bikes, in February 2021. To make electric mobility smart, accessible, and affordable to all. You can book the vehicles or test rides from its official website.
Revolt Motors was founded by Rahul Sharma (Micromax co-founder) in 2017 with an initial investment of roughly 400-500 crore and a production unit in Manesar with a capacity of 1,20,000 for the first phase.
It is the first Electric mobility company to introduce India’s first AI-enabled motorcycle. It debuted its initial product in 2019 and is now present in 20 major Indian cities.
Recently an energy company named RattanIndia funded Rs 150 crore in Revolt for a 43 percent share in the business to set up the charging infrastructure across the country. It also plans to introduce its new vehicle called ” RV Cafe Racer” in the upcoming year.
Revolt Motorcycles
Models:
RV300, RV400
Range:
80 km
Top speed:
65 km/h to 85 km/h
Battery Type:
60V, 2.7kWh, and 72V, 3.24KWhLithium-Ion battery (Portable & Swappable)
Charging:
100% Charge in 4 to 5 hours
Warranty:
6 years or 100,000kms (battery), 2 years (charger)
Revolt Motors aims to provide electric bikes with affordable and sustainable mobility options. You can purchase the vehicle online from its official website.
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