India currently has a mere 0.5% of global share in the EV Industry. Considering EV manufacturers in India, there are big players already going through this transition, and giving them a tough competition are many startups working tirelessly in this field.
We have distributed the list in to two categories i.e., of EV manufacturers in India:
A. Three and Four Wheelers
TATA motors electric vehicles in India
Mahindra Motors in Electric Vehicles in India
Hyundai Kona Electric Car in India
Hero Electric manufacturers of EScooters in India
Kia Motors Electric Vehicle
Ashok Leyland EURO 6 electric truck in India
If we break the Indian market of Electric Vehicles for FY 2019-20, India sold around 1.29 Lakh EVs, of which 1.26 Lakhs were two-wheelers. This shows the control and coverage Electric bikes have in the Indian market over 4 wheeler and hence creating opportunity for small players (startups) in the sector.
Although there are many startups and big companies in the EV manufacturing sector, we have tried to capture as many as we can and will keep expanding the list as and when new ones come up.
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