For India, electric vehicles (EVs) are the future and a crucial component of its decarbonization efforts. Though the EV industry is nascent, ambitious policymakers are aiming for 30 percent of all private cars to be electric by 2030, which will require an increase in current manufacturing capabilities. Here are some of the nation’s top EV companies working to decarbonize transportation.
Top EV Companies in India to Know
- General Motors
- Bajaj Auto
- Hero Electric
- Hyundai
- Mahindra Group
- Tata Motors
- TVS Motor Company
Top EV Companies in India
Olectra Greentech Limited is an electric bus manufacturer and bills itself as the first to have manufactured and deployed all variants of electric buses in India. The company’s buses are stated to travel long distances on a single charge, and are equipped with dual in-wheel motor solutions, real-time tracking and fast-charging technology.
General Motors is one of the largest car manufacturers and has recently stepped up its electric vehicle manufacturing. Its EV lineup includes everything from sedans to pickup trucks and delivery vehicles. The company’s goals are reflected in the makeup of GM leadership; it even has a VP of batteries. In India, General Motors operates manufacturing facilities that produce automotive components.
Ultraviolette Automotive creates electric-powered motorcycles for travel or racing, with a focus on modern design and energy efficiency. The company’s motorcycles can come with its Violette AI, which helps with automatic stability control, braking levels, anti-collision warning alerts, vehicle tracking and more.
MG Motor India, part of MG Motor and based in Gurugram, India, offers electric SUVs, CUVs and other electric passenger vehicles. The company’s MG Windsor EV vehicle marks itself as India’s first intelligent CUV, and comes with a battery-as-a-service (BAAS) program where battery level can be bought on a pay-per-usage model.
Hero Electric bills itself as India’s first and largest manufacturer of electric two-wheelers, including electric bikes and scooters. It provides electric scooters with different speed capacities for comfort-speed or city-speed use. With the company’s electric bicycle, riders can travel by pedaling or using the bike’s built-in battery.
Okinawa Autotech is an electric two-wheeler manufacturing company specializing in electric scooters and bikes. Its scooters can travel up to 161 kilometers in distance and can feature eco and sports ride modes, smartphone connectivity and portable battery capabilities.
Ather Energy develops electric scooters with smart capabilities. The company’s scooters provide great range and can connect with apps like Google Maps and WhatsApp. They also notify users with theft or tow alerts. Besides manufacturing, Ather Energy operates one of the largest EV charging networks in India, with locations in over 170 cities.
Global car manufacturer Volvo has an office in Gurugram, India, which offers electric cars and electric trucks for customers in the country. Its electric SUVs are available with pure electric or fully electric models. Volvo’s electric trucks are built for logistics transportation, construction or large-volume deliveries within and between cities.
Ola Electric manufactures electric motorcycles with varying uses. Ola Electric’s products have slick designs and include off-roading capabilities for thrill seekers, along with cruising settings for commuters. According to the company, its motorcycles can reach speeds of 120 kmph and can travel 195 km on a single charge.
TATA Motors is one of India’s premier car manufacturers. The company manufactures EVs ranging from four-door sedans to SUVs and crossovers. Additionally, it operates a large charging network throughout India that provides fast charging solutions for its vehicles and other EVs.
BluSmart Mobility operates an all-electric ride-hailing platform throughout India. Through a proprietary app, users can hail rides in various cities similar to other ride-sharing platforms. However, to speed up decarbonization, the company leases electric vehicles from the owners to grow its EV network, and in exchange provides them with a monthly income.
Hyundai Motor India, a subsidiary of Hyundai Motor Company based in Gurugram, India, offers Hyundai IONIQ all-electric SUVs. The vehicle utilizes a high-speed charging system compatible with a range of charging infrastructure. It also comes with an inside and outside vehicle-to-load function, which can be used to charge devices inside the car or by attaching them to the car outside using a converter.
Bajaj Auto manufactures motorcycles, three-wheelers and quadricycle vehicles, with electric three-wheelers available. Its electric vehicles come in multiple designs and sizes for varied cargo transportation needs. They are also built with on-board chargers and can reach up to 180-kilometer distances per charge, depending on the model.
As subsidiaries of Mahindra Group, Mahindra Electric manufactures electric SUVs, and Mahindra Last Mile Mobility manufactures three-wheel and four-wheel passenger and cargo vehicles. Mahindra Electric features several eSUV designs slated for future release, while Mahindra Last Mile Mobility offers various electric three-wheel vehicles.
TVS Motor, based in Hosur, India, is a global manufacturer of two- and three-wheeler vehicles such as motorcycles, mopeds and scooters. Its electric scooters are built for commuter travel and can cover a greater distance than petrol-based scooters with the same cost of fuel. TVS Motor electric scooters can also be connected to user devices for location tracking, vehicle statistics and more smart features.
Greaves Electric Mobility oversees the Ampere, Ele and Greaves 3W brands, which manufacture e-scooters, e-rickshaws and e-three wheelers, respectively. Each of their mobility solutions aim to deliver energy-efficient, cost-saving and long-distance travel experiences by using electric power.
Revolt Motors creates electric motorbikes for sports or commuter purposes. Its RV400 bikes can reach up to 85 kilometers per hour in speed and travel to 150 kilometers per charge, and allows connectivity to the rider’s mobile device for smart features. Revolt Motors states that the RV400 is India’s first AI-enabled motorcycle.
Piaggio Vehicles, part of Piaggio Group and based in Pune, India, offers various three-wheeled electric vehicles under its Apé series. Consumers have the choice of passenger and cargo three-wheelers with swappable or fixed electric batteries, making for virtually uncapped driving ranges on its swappable vehicles.
Atul Auto develops three-wheeler vehicles with varied fueling methods, including electric. Atul Greentech, a subsidiary of Atul Auto, manufactures electric vehicles that are imbued with regenerative braking and AI, and that can reach distances of over 200 kilometers per charge.
JBM Group manufactures electric buses, electric batteries, charging infrastructure and other auto component solutions. Its electric buses are deployed across multiple states in India, and are designed to be zero-pollution, noise-free public transportation options. As for the company’s lithium ion batteries, they are built for electric passenger vehicles, electric buses and electric trucks.
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