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Last updated: Feb 2020 by Narasimhan Santhanam

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EV Nexta division of EAI, is a leading market intelligence & strategic consulting firm for the Indian e-mobility sector.

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Though Electric vehicles were not new to the world or India. There have been very few Manufacturers until 2017. However with the government of India aiming towards clean energy and sustainable transportation, the industry saw an exponential growth in the number of companies and service providers. 

According to the Society of Manufacturers of Electric Vehicles (SMEV) by May, 2019 India crossed the mark of 7,50,000 electric vehicles on its roads.

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There are only about 12,000 electric cars on the Indian roads end of 2019, with a large percentage of them being the Reva Electric car. In 2019, we estimate about 1800 electric cars were sold, and the electric car sales in India has been less than 2000 for the past few years too. Even though there are more models now to choose from than earlier (Tata Nexon, Mahindra eVerito, Hyundai Kona, MG ZS…), their higher prices and consumer concerns especially on charging time and charging infrastructure are resulting in slow growth for this segment all across India.

The e-mobility industry has shown some decent numbers in all three light locomotives. The association will collate the data from all manufacturers of EV on the country. As per the collated data the number of electric two wheelers, three wheelers, and four wheelers in the financial year of 2017-18 &2018-19 is represented below. From the numbers we can say that the roads of India are dominated by electric three wheelers which includes e-rickshaws

2017-2018 data: The electric vehicle industry in the country has been growing at a steady pace. However, the lack of proper infrastructure and government policies has caused a hindrance in its overall growth. According to the Society of Manufacturers of Electric Vehicles (SMEV), the EV industry has grown by 124 per cent to 56,000 sales unit in FY2017-18 from 25,000 units the previous year. However, the growth is mainly attributed to electric two-wheelers.
SAles Fig

2018-2019 data

Segment of EVs 2018 – 2019 Sales 2017 – 2018 Sales
Two Wheelers 1,26,000 54,800
Three Wheelers 6,30,000 5,20,000
Four Wheelers 3600 1200
Total 7,59,600 5,76,000


Vehicle / charging station type India Global
EVs (sales, 2018)
Electric bicycles 10,000* 35 million (almost 95% in China)
Electric scooters 1,10,000 16.5 million (most of them in China)
Electric motorcycles (high power motorcycle) <1000* 0.1 million*
Electric 3 wheelers (all variants) 7,00,000 2 million*
EV Charging Infra (total installed, Apr 2019)
Normal AC Public Charging Points 200 330,000
DC Fast Charging Points 65 260,000

Indian EV Companies

Electric Bicycle companies, Two Wheelers – E-motorcycles and Scooters

E-bicycle Companies
1     Ampere Vehicles
2 EnVert E-Bicycle
3 Felidae Mobility
4 Greenvolt Mobility
5 Hulikkal Electro India
6 Hero / Lectro Mobility
7 Lightspeed Bikes
8 Milltex Spero
9 Mech Motors Private Limited
10 Nibe Motors
11 Power Sport
12 Smado Labs
13 Tronx Motors
14 Virtus Motors
15 Ward Wizard Solutions Private Ltd


Two Wheelers – E-motorcycles and Scooters
Ajanta Manufacturing Orxa Energies
Apeiron Mobility A1 Sureja Industries
Ather Energy Ashish Wheels Limited
Earth Energy Lectrix Motors Pvt. Ltd
Electrotherm Nappinnai Private
Emflux Electric Superbike Shema E-Vehicle & Solar Pvt. Ltd
GoGreen BOV NDS Eco Motors Private Limited
Hero Electric Nibe Motors Private Limited
Lithos Motors Sina Mobility
Lohia Auto Industries NDS Eco Motors Private Limited
Lovenssa Motor Power Sport
Mach Motors Nibe Motors Private Limited
Menza Motors Power Sport
Tork Motors TVS
Tunwal E Vehicles Twenty Two Motors

Electric three wheelers

E Rickshaw
Adapt Motors Gayam Motor Works
Ecoyan Goenka Electric Vehicles
Euler Motors Kinetic Green
Gauri Auto India Lohia Auto Industries
Gayatri Electric vehicles Piaggio India
Geliose Technologies Sandhar Technologies
Green Shuttle Scooters India
Ok Play Electric Vehicles Shingan EV
Pi Beam Labs Sriram Astral
Pubang Etron Mahindra Electric
Rith Auto Panther Electric vehicles
Saarthi E Rickshaws Scooters India Limited
Speedways Electrics Shema E-Vehicle & Solar Pvt. Ltd
Saera Electric Auto Volta Automotive
Save Electric Webber Electrocorp

Four Wheelers – Mini Pick-up Trucks & Golf Carts

Light Commercial Vehicles
Mahindra Tata
Electric Golf Carts
Drivz Power Sport
Eco Dynaamic Equipments Speedways Electric
Gayam Motor Works SuperEco Automotive
Kinetic Green Maini Group

Passenger Vehicles

Fully Electric Car
Hyundai MG Motors
Mahindra Tata


Ashok Leyland Mahindra
Goldstone-BYD Tata
JBM Solaris  


Companies that make Multiple Types of EVs
Bajaj Scooters & Rickshaws
Hero Electric Scooters & Rickshaws
Mahindra Electric Scooters, Rickshaws & cars
Kinetic Green Rickshaws & Golf Carts
Ampere Vehicles Scooters, Rickshaws & Industrial use vehicles
Gayam Motor Works Bicycles & Rickshaws
Tata Motors Cars & LCVs
Piaggio India Scooters & Rickshaws
Speedways Electric Cars, Golf Carts & Buses
EcoDynamic Equipments Golf Carts & LCVs
Xxplore Automotive Scooters & Rickshaws
Panther Electric Vehicles Rickshaws & Golf carts


EV Component Suppliers
Company  Product/solution
Amara Raja Battery Manufacturer
Crompton Greaves Charging Infrastructure provider
Exide Industries Battery Manufacturer
BHEL Battery Manufacturer
Gegadyne Energy Battery Manufacturer
Exicom Battery Manufacturer & Charging Infrastructure Provider
ION Energy BMS Developer
Elcom International Charging Infrastructure provider
Axiom Energy Chargers & Motors manufacturer
ABB Charging Infrastructure provider
Magenta Power Charging Infrastructure Provider
Sun Mobility Battery Swapping Service Provider
Lithion Power Battery Swapping Service Provider
Napino Motors Manufacturer
Rotomag Motors Manufacturer
Denso India Power Electronics Manufacturer
Altigreen Propulsion Labs Powertrain Manufacturer
Cell Propulsion Powertrain Manufacturer


EV Support Solutions & Government Authorities Contribution to EV Industry
ARAI Automotive Research
ARCI Materials Research
India Energy Storage Alliance Energy Storage industry association and research
International Centre for Automotive Technology Automotive Research
NATRiP Automotive Research and Testing
Niti Aayog Policy Making
SMEV  EV Association
TUV Rheinland Testing & Standards
Underwriter Laboratories Testing & Standards


Know more on how india is preparing for its place in e-mobility: Indian EV Companies  | Innovations from Indian Companies | Indian EV Startups | Major Automobile Investors | Indian EV Startup Trends |

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Wish to know everything about India’s EV market from one place? Check out the India EV Expert Guide, an 800 page comprehensive guide to the Indian EV marketHere


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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.


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