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Top 10+ Electric Vehicles Company in India (2025) – Best EV Brands & Trends

March 11, 2025
electric vehicles company in india
Quick Summary

Quick Summary

  • Explore India’s top electric vehicle companies, their latest models, prices, and industry growth trends.
  • Understand key government policies, challenges, and future predictions shaping India’s EV market.
  • Discover how India’s leading companies are driving the future of sustainable transportation with EVs.

Table of Contents

India is witnessing a rapid transformation in the automobile industry with the rise of electric vehicles (EVs). The government’s push for sustainable transportation, coupled with technological advancements, has led to the emergence of several electric vehicles company in India. In this article, we will explore the leading EV manufacturers, market trends, government initiatives, and what the future holds for electric vehicles in India.

List of Top Electric Vehicles Company in India

electric vehicles company in india

India is home to several top EV companies producing a range of vehicles, including cars, scooters, and buses. Here is a detailed look at the leading electric vehicle companies in India list making a mark in the market:

Let’s look at the top EV companies in India:

1. Tata Motors

Established1945
Headquarters/Location in IndiaPune, Maharashtra
WebsiteTata Motors EV

Tata Motors is a prominent Electric Vehicles Company in India, leading the passenger EV segment with popular models like the Nexon EV and Tigor EV. Known for high safety ratings, reliable battery technology, and competitive pricing, Tata Motors makes electric mobility more accessible to Indian consumers. Their widespread service network further strengthens their position as a key Electric Vehicles Company in India. With a focus on expanding its EV portfolio, Tata Motors is a major player in the Indian electric vehicle landscape.

  • Popular Models: Tata Nexon EV, Tata Tigor EV
  • Strengths:
    • High safety ratings, with the Nexon EV receiving a 5-star Global NCAP rating.
    • Reliable battery technology with extended warranties.
    • Competitive pricing, making EVs more accessible to Indian buyers.
  • Notable Achievements: Tata Motors leads the EV passenger car segment with a significant market share and robust after-sales service.

2. Mahindra Electric

Established1994
Headquarters/Location in IndiaMumbai, Maharashtra
WebsiteMahindra Electric

Mahindra Electric is a pioneering Electric Vehicles Company in India, with a strong focus on sustainable mobility solutions. They are known for their electric three-wheelers like the Treo range, contributing significantly to last-mile connectivity. As an early entrant in the Indian EV market, Mahindra Electric has valuable experience in developing electric powertrains. This Electric Vehicles Company in India is committed to providing practical and environmentally friendly transportation options.

  • Popular Models: Mahindra’s BE 6 (best EV in India) and XEV 9e Electric (Origin SUVs), Treo (electric three-wheeler range), eVerito (electric sedan), e2oPlus (electric hatchback).
  • Strengths:
    • Pioneer in electric three-wheelers, with a strong presence in the commercial segment.
    • Focus on sustainable mobility solutions for last-mile connectivity.
    • Experience in developing electric powertrains.
  • Notable Achievements: Early entrant in the Indian EV market, significant contribution to the electric three-wheeler segment.

3. Hero Electric

Established2001
Headquarters/Location in IndiaLudhiana, Punjab
WebsiteHero Electric

Hero Electric is a well-established Electric Vehicles Company in India, specializing in electric two-wheelers. Offering a wide range of electric scooters at various price points, Hero Electric caters to diverse customer needs. With a vast distribution and service network across India, this Electric Vehicles Company in India ensures accessibility and convenience for its customers. Hero Electric (electric scooter manufacturers in India) is a major force in the Indian electric scooter market.

  • Popular Models: Optima, Photon, Nyx, City Speed range.
  • Strengths:
    • Extensive range of electric scooters catering to various price points.
    • Wide distribution and service network across India.
    • Focus on affordability and practicality for daily commuting.
  • Notable Achievements: One of the largest electric two-wheeler manufacturers in India with a long history in the electric scooter segment.

4. Ather Energy

Established2013
Headquarters/Location in IndiaBengaluru, Karnataka
WebsiteAther Energy

Ather Energy is a rising Electric Vehicles Company in India, known for its technologically advanced and stylish electric scooters like the Ather 450X and 450 Plus. Focusing on performance, connected features, and a premium riding experience, Ather Energy (electric scooter company in India) sets a high standard in the Indian electric two-wheeler segment. This Electric Vehicles Company in India is also building its own EV charger manufacturers in India.

  • Popular Models: Ather 450X, Ather 450 Plus, Ather 450S, Ather Rizta, Ather 450 Apex
  • Strengths:
    • Focus on performance and technology, with features like touchscreen dashboards, over-the-air updates, and connected features.
    • Stylish and modern design that appeals to a younger demographic.
    • Building a proprietary charging infrastructure network (“Ather Grid”) to support its customers.
    • Strong emphasis on user experience and customer support.
  • Notable Achievements:
    • Established itself as a premium electric scooter brand in India.
    • Known for setting benchmarks in performance, technology, and design in the Indian electric two-wheeler market.
    • Pioneered the concept of connected scooters with advanced features and software updates.
    • Has been actively expanding its sales and service network across major Indian cities.
    • One of the first companies to focus on building a robust charging infrastructure specifically designed for its vehicles.

5. TVS Motor Company

Established1911
Headquarters/Location in IndiaChennai, Tamil Nadu
WebsiteTVS Motor

TVS Motor Company, a reputed name in the Indian two-wheeler industry, is now a significant Electric Vehicles Company in India with its iQube electric scooter. Leveraging its extensive experience and wide service network, TVS Motor Company offers a reliable and practical electric scooter option. This Electric Vehicles Company in India aims to capture a considerable share of the growing electric scooter market.

  • Popular Models: TVS iQube.
  • Strengths:
    • Leverages the established brand reputation and wide service network of TVS Motor Company.
    • Focus on reliability and practicality.
    • Gradual expansion of its EV portfolio.
  • Notable Achievements: Entry into the electric scooter segment by a major established two-wheeler manufacturer.

6. Ola Electric

Established2010
Headquarters/Location in IndiaBangalore, Karnataka
WebsiteOla Electric

Ola Electric has emerged as a disruptive Electric Vehicles Company in India, rapidly gaining market share with its innovative electric scooters like the S1 and S1 Pro. Focusing on high performance, long range, and advanced features, Ola Electric is transforming the Indian two-wheeler landscape. This Electric Vehicles Company in India is committed to making electric mobility accessible and appealing to a wide range of consumers.

  • Popular Models: Ola S1, Ola S1 Pro, Ola S1 Air
  • Strengths:
    • Focus on high performance, long range, and advanced features.
    • Aggressive pricing strategy.
    • Large-scale manufacturing capabilities.
  • Notable Achievements: Rapid growth and significant market disruption in the electric scooter segment.

7. Okinawa Autotech

Established2015
Headquarters/Location in IndiaGurugram, Haryana
WebsiteOkinawa Scooters

Okinawa Autotech is a growing Electric Vehicles Company in India, specializing in electric scooters and motorcycles. With a focus on affordability and practicality, Okinawa Autotech offers a range of models with varying performance and features. This Electric Vehicles Company in India is committed to providing accessible electric two-wheelers to the Indian market.

  • Popular Models: Praise Pro, Ridge Plus, OKHI-90, iPraise+, Dual 100
  • Strengths:
    • Focus on affordability and practicality in the electric two-wheeler segment.
    • Offers a range of models catering to different needs and price points, from budget-friendly options to higher-performance scooters.
    • Emphasis on localization of components, contributing to cost-effectiveness.
  • Notable Achievements:
    • Established a significant presence in the Indian electric scooter market.
    • Known for offering a good balance of performance, range, and price in its segment.
    • Has been actively expanding its dealer network across India.

8. Ampere Electric Vehicles (Greaves Electric Mobility)

Established2008
Headquarters/Location in IndiaMultiple locations across India
WebsiteAmpere Greaves Electric Mobility

Ampere Electric Vehicles, part of Greaves Electric Mobility, is a notable Electric Vehicles Company in India, offering a diverse portfolio of electric scooters and three-wheelers. Catering to both personal and commercial use, Ampere focuses on providing accessible and sustainable transportation solutions. This Electric Vehicles Company in India is expanding its presence across the country.

  • Popular Models: Magnus EX, Reo Plus, Zeal EX
  • Strengths:
    • Focus on affordable and practical electric scooters for daily commuting.
    • Part of the Greaves Cotton group, which has a long history in the automotive industry.
    • Growing presence in both personal and commercial electric three-wheeler segments.
  • Notable Achievements: Expanding its portfolio and reach in the electric two-wheeler and three-wheeler segments, contributing to wider EV adoption.

9. Revolt Motors

Established2015
Headquarters/Location in IndiaMultiple locations across India
WebsiteRevolt Motors

Revolt Motors is a pioneering Electric Vehicles Company in India, specializing in electric motorcycles. With innovative features like swappable batteries and AI integration, Revolt Motors aims to disrupt the traditional motorcycle market. This Electric Vehicles Company in India is creating a new segment in the electric two-wheeler industry.

  • Popular Models: RV400, RV300
  • Strengths:
    • Focus on electric motorcycles with a sporty design and modern features.
    • Unique features like swappable batteries and artificial intelligence integration.
    • Aiming to create a new segment in the electric two-wheeler market.
  • Notable Achievements: Pioneering the electric motorcycle segment in India with innovative features and a focus on performance.

10. MG Motor India

Established2017
Headquarters/Location in IndiaGurugram, Haryana
WebsiteMG Motor

MG Motor India is a significant Electric Vehicles Company in India, offering the ZS EV, a well-equipped and relatively affordable electric SUV. Leveraging the global expertise of SAIC Motor, MG Motor India provides a premium electric vehicle option in the Indian market. This Electric Vehicles Company in India is contributing to the growth of the electric car segment.

  • Popular Models: MG ZS EV
  • Strengths:
    • Offering a premium electric SUV with a focus on features and comfort.
    • Leveraging the global expertise and resources of SAIC Motor.
    • Expanding its EV portfolio with new models.
  • Notable Achievements: Bringing a well-equipped and relatively affordable electric SUV to the Indian market, contributing to the growth of the electric car segment.

11. Hyundai Motor India

Established1996
Headquarters/Location in IndiaChennai, Tamil Nadu
WebsiteHyundai

Hyundai Motor India is a key Electric Vehicles Company in India, having introduced the Kona Electric SUV to the Indian market. Leveraging its established brand reputation and service network, Hyundai offers a premium electric driving experience. This Electric Vehicles Company in India is exploring new EV models to expand its presence in the Indian EV landscape.

  • Popular Models: Hyundai Kona Electric
  • Strengths:
    • Offering a premium electric SUV with a focus on range and features.
    • Leveraging the established brand reputation and service network of Hyundai.
    • Exploring new EV models for the Indian market.
  • Notable Achievements: Entry into the Indian EV market by a major global automotive manufacturer, bringing a well-regarded electric SUV to Indian consumers.

12. BYD India (Build Your Dreams)

Established2007
Headquarters/Location in IndiaChennai, Tamil Nadu
WebsiteBYD Auto India

BYD India, a global leader in battery technology, is a rising Electric Vehicles Company in India, offering electric buses and passenger vehicles. Focusing on sustainable transportation solutions, BYD brings its global expertise to the Indian market. This Electric Vehicles Company in India is contributing to the growth of both passenger and commercial EV segments.

  • Popular Models: e6 (electric MPV), Atto 3 (electric SUV)
  • Strengths:
    • Global leader in battery technology and electric vehicles.
    • Offering a range of electric vehicles, including buses and passenger cars.
    • Focus on sustainable transportation solutions.
  • Notable Achievements: Bringing its global expertise and technology to the Indian market, contributing to the growth of both the electric passenger vehicle and commercial vehicle segments.

13. Jitendra New EV Tech

Established2018
Headquarters/Location in IndiaNashik, Maharashtra
WebsiteJitendra EV

Jitendra New EV Tech is an emerging Electric Vehicles Company in India, specializing in high-speed electric two-wheelers. Catering to the demand for performance-oriented electric motorcycles and scooters, Jitendra New EV Tech is developing its presence in this niche segment. This Electric Vehicles Company in India focuses on delivering high-performance electric two-wheelers.

  • Popular Models: JMT 1000 HS, JMT Classic
  • Strengths:
    • Focus on high-speed electric two-wheelers with a focus on performance.
    • Catering to the growing demand for electric motorcycles and scooters with higher speeds.
    • Developing its presence in the performance-oriented electric two-wheeler segment.
  • Notable Achievements: Developing high-speed electric two-wheelers for the Indian market.

This comprehensive overview of the electric vehicles company in India should provide you with a good understanding of the current state and future prospects of this exciting industry.

Check Out:- List of Electric Vehicle Manufacturers in India pdf

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Why Electric Vehicles Company in India Are Growing

The electric vehicles industry in India is expanding rapidly due to strong government support, favorable policies, and changing market trends. Let’s look at the key factors driving this growth.

Government Support

The Indian government is playing a major role in promoting electric vehicles by offering subsidies and tax benefits.

  • FAME India Scheme: Under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, buyers can get subsidies of up to ₹1.5 lakh on the purchase of an electric vehicle. This makes EVs more affordable for consumers.
  • State-Level Policies: Several states, including Karnataka and Maharashtra, provide tax exemptions and financial incentives to encourage the production of electric vehicles. This has led to a rise in the number of electric vehicles companies in India, making the market more competitive.

Market Trends (2025)

The Indian EV industry is expected to grow significantly in the coming years. Here are some key projections:

STATISTICDETAIL
EV Market Size (2025)₹15,000 crore+
Jobs Created by 20304 crore+
Charging Stations (2025)5,000+ nationwide

With government initiatives and a growing market, the future of electric vehicles companies in India looks promising, paving the way for a cleaner and greener transportation system.

Comparison of Electric Vehicles Company in India

To help you make an informed decision, here’s a comparison of the top electric vehicles company in India:

CompanyPopular ModelsVehicle TypeBattery Range (km)Price Range (INR)
Tata MotorsNexon EV, Tigor EV, Tiago EVCars250-450₹9L – ₹18L
Ola ElectricS1 Pro, S1 AirScooters120-181₹85K – ₹1.40L
Ather Energy450X, 450 PlusScooters110-146₹1.28L – ₹1.50L
Mahindra ElectriceVerito, TreoCars, Auto-rickshaws150-180₹9L – ₹12L
MG Motor IndiaZS EV, Comet EVCars300-461₹8L – ₹25L
BYD Indiae6, Atto 3Cars500-521₹25L – ₹35L
Hero ElectricOptima, PhotonScooters80-100₹60K – ₹85K
TVS MotoriQubeScooters100-140₹1.15L – ₹1.25L
Revolt MotorsRV400Bikes120-150₹1.35L – ₹1.50L
Simple EnergySimple OneScooters230-300₹1.58L – ₹1.70L
Electric Vehicles Company in India

Benefits of Choosing an Electric Vehicle

Choosing an electric vehicle (EV) comes with a wide array of benefits, impacting everything from your wallet to the environment. Here’s a breakdown of the key advantages:

  • Environment-Friendly: Electric vehicles produce no tailpipe emissions, significantly reducing air pollution and contributing to a cleaner environment.
  • Cost Savings: EVs have lower running costs compared to traditional petrol or diesel vehicles. Electricity is cheaper than fuel, and EVs require less maintenance.
  • Smooth and Quiet Drive: Electric motors provide instant torque, offering a smooth and quiet driving experience.
  • Government Incentives: The Indian government provides various incentives and subsidies for purchasing electric vehicles, making them more affordable.


Electric vehicles offer a compelling combination of environmental, economic, performance, and convenience benefits. As technology continues to improve and infrastructure expands, EVs are becoming an increasingly attractive option for drivers seeking a sustainable and enjoyable driving experience.

Challenges in Adopting Electric Vehicles

While electric vehicles (EVs) offer numerous advantages, there are still significant challenges hindering their widespread adoption. Here’s an overview of the key obstacles:

  • Charging Infrastructure: One of the biggest challenges is the lack of widespread charging infrastructure. Efforts are being made to improve this, but it remains a concern for many potential buyers.
  • Initial Cost: The initial cost of purchasing an electric vehicle can be higher than that of a traditional vehicle. However, the long-term savings often offset this.
  • Range Anxiety: Many people worry about the range of electric vehicles and whether they can cover long distances without needing to recharge. Advances in battery technology are addressing this issue, but it still exists.
  • Resale Value: Uncertainty about the long-term resale value of EVs can deter potential buyers.
  • Availability of Models: While the variety of EV models is increasing, certain vehicle types (like large trucks or SUVs) may have limited electric options.


Addressing these challenges will require a concerted effort from automakers, governments, energy providers, and other stakeholders.

Recommended Read:- Future of Electric Vehicles in India

Government Initiatives to Promote Electric Vehicles

The Indian government has introduced several policies and incentives to support the growth of the electric vehicle (EV) industry. These measures aim to make EVs more affordable, encourage local manufacturing, and build better infrastructure. As a result, the electric vehicles company in India is experiencing rapid growth.

Key Government Initiatives

  • FAME India Scheme: The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme provides financial incentives to buyers of electric vehicles. Consumers can get subsidies of up to ₹1.5 lakh on EV purchases, making them more affordable.
  • GST Reduction: The Goods and Services Tax (GST) on EVs has been significantly reduced to just 5%, compared to 28% for petrol and diesel vehicles. This makes EVs a cost-effective option for buyers.
  • Battery Swapping Policy: To address concerns about long charging times, the government has introduced a battery swapping policy. This encourages the use of standardized battery technology, allowing EV users to quickly replace drained batteries with fully charged ones.
  • State EV Policies: Many Indian states, including Delhi, Maharashtra, and Karnataka, have introduced their own policies to promote EV adoption. These include tax exemptions, subsidies, and incentives for setting up EV charging stations.

With these initiatives, the Indian government is creating a favorable environment for the electric vehicles company in India, ensuring a cleaner and more sustainable future for transportation.

Future of Electric Vehicles Companies in India

India is moving towards a greener future with electric vehicles (EVs) playing a crucial role. By 2030, the country aims to have 30% of private cars and 70% of commercial vehicles running on electricity. This shift will help reduce pollution, lower fuel imports, and create new job opportunities.

Key Trends Shaping the Future

  • Battery Swapping: One of the biggest challenges for EV users is charging time. Battery swapping technology allows trucks, buses, and even two-wheelers to replace drained batteries with fully charged ones in minutes. This makes EVs more practical for long-distance travel.
  • Made-in-India EVs: Indian companies like Ather Energy and Ola Electric are manufacturing electric vehicles locally, reducing dependence on imported components. This strengthens the economy and makes EVs more affordable for consumers.

With strong government support and innovations in technology, the electric vehicles company in India is expected to grow rapidly, making eco-friendly transportation more accessible to everyone.

Conclusion

India’s EV industry is growing rapidly, with several electric vehicles company in India leading the charge. From Tata Motors to Ola Electric, many companies are innovating to provide sustainable and efficient transportation solutions. With government support and technological advancements, the future of electric mobility in India is bright.

By choosing an electric vehicle, consumers contribute to a greener environment while saving on fuel costs. As the market expands, we can expect more affordable and high-performance EVs in the coming years.

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Frequently Asked Questions

Q1. Which company makes electric vehicles in India?

India has several companies manufacturing electric vehicles. Some of the top players include Tata Motors, Mahindra Electric, Ola Electric, Ather Energy, and Hero Electric.

Q2. Which is the best EV in India?

The best EV in India depends on individual preferences, but popular choices include the Tata Nexon EV, MG ZS EV, and Mahindra XUV400 for their performance, range, and features.

Q3. Which EV stock is best in India?

Tata Motors is often considered one of the best EV stocks in India due to its strong market presence and popular models like the Nexon EV and Tigor EV. Other notable stocks include Mahindra & Mahindra, Bajaj Auto, and Exide Industries.

Q4. Which is the best electric vehicle battery manufacturers in India?

Top EV battery manufacturers in India include Amara Raja Batteries, Exide Industries, TDSG (Toshiba-Denso-Suzuki Gigafactory), and Tata Chemicals.

Q5. What is an EV Supply Equipment (EVSE)?

EVSE includes the electrical equipment external to the EV that provides a connection for charging. It often features smart metering, cellular capability, and network connectivity

Q6. Who is the leader of EV market in India?

Tata Motors is currently considered a leader in the overall EV market in India, particularly in the passenger car segment. However, the market is dynamic, and other companies like Ola Electric in the two-wheeler segment are rapidly gaining ground.

Q7. What is the best 2-wheeler electric vehicle companies in India?

The best 2-wheeler electric vehicle companies in India include Ather Energy, Bajaj Auto (with the Chetak), and Ola Electric, known for their performance, range, and innovative designs.

Q8. Top electric vehicle companies in India listed in stock market?

Some of the top electric vehicle companies listed in the Indian stock market include Tata Motors, Mahindra & Mahindra, Bajaj Auto, TVS Motor Company, and Hero MotoCorp.

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