Top Electric Vehicle Manufacturers in India 2024

India’s journey towards sustainable transportation has accelerated with the rise of electric vehicles (EVs). The EV market in India is bustling with activity, and several manufacturers are leading the charge towards a greener future.

Here’s a look at some of the top electric vehicle manufacturers that are driving the change in India.

1. Tata Motors Ltd.: Electrifying the Future

Tata Motors Ltd. is an Indian automotive juggernaut, part of the colossal Tata Group. With its inception in 1945, Tata Motors has been a beacon of innovation and excellence in the automotive industry, not just in India but on a global scale.

Company Introduction

• Headquarters: Mumbai, Maharashtra, India
• Founded: 1945
• Key Figures: Natarajan Chandrasekaran (Chairman)
• Products: Cars, Utility Vehicles, Buses, Trucks, Defense Vehicles
• Global Footprint: Manufacturing and R&D centers in India, Argentina, South Africa, UK, and Thailand.

EV Products

Tata Motors has embraced the electric revolution with its impressive lineup of EVs:

• Nexon EV: The best-selling electric SUV in India, known for its robust build and long-range capabilities.
• Tigor EV: A compact sedan that combines practicality with the benefits of electric mobility.
• Tiago EV: The latest hatchback offering that promises affordability without compromising on technology and design.
• Punch EV: A subcompact SUV that brings together the toughness of an SUV with the zippy nature of a city car.

Top-Rated Products

Tata Motors’ vehicles are consistently rated highly for their quality and performance. Some of the top-rated products include:

• Tata Nexon: A compact SUV that has won hearts with its design and safety features.
• Tata Altroz: A premium hatchback that sets the gold standard in its segment.
• Tata Harrier: A mid-size SUV that combines luxury with performance.

New Launches

Keeping up with the dynamic market, Tata Motors has recently launched:

• Altroz Racer: A sporty evolution of the hatchback with upgraded variants and powertrains.
• New Gen Nexon: An updated version of the beloved SUV with premium design and best-in-class tech features.

In the pipeline are exciting upcoming launches like the Tata Curvv EV, Tata Avinya, and more, set to redefine the automotive landscape.

Tata Motors Ltd. is not just a company; it’s a testament to India’s industrial prowess and a symbol of sustainable mobility. With each new launch and innovation, Tata Motors reaffirms its commitment to delivering excellence and driving the future of electric vehicles.

2. Mahindra Electric

Mahindra Electric, a subsidiary of the Mahindra Group, is a pioneer in the development and production of electric vehicles (EVs) in India. Established in 1994 as the Reva Electric Car Company, it was acquired by Mahindra & Mahindra in 2010 and rebranded as Mahindra Electric.

Company Introduction

• Headquarters: Bangalore, India
• Founded: 1994 (as Reva Electric Car Company)
• Key Figures: Suman Mishra (CEO)
• Parent Company: Mahindra & Mahindra
• Products: Electric vehicles, including cars and commercial vehicles.

EV Products

Mahindra Electric’s product lineup includes:

• eVerito: India’s first electric sedan, offering a comfortable and eco-friendly ride.
• Treo: A range of electric three-wheelers designed for last-mile connectivity.
• eSupro: An all-electric cargo and passenger van catering to the needs of businesses.

Top-Rated Products

The XUV400 stands out as Mahindra Electric’s top-rated product, boasting features like a 10.25″ digital instrument cluster, wireless charging, and best-in-class cabin space. It’s celebrated for its spirited performance, with a range of up to 456 km on a single charge.

New Launches

Mahindra Electric is set to expand its portfolio with exciting new launches:

• XUV.e8: Scheduled for release in December 2024, this SUV will be based on the ICE part of the Mahindra XUV700.
• XUV.e9: Expected in April 2025, sharing interior and powertrain with the XUV.e8.
• BE.05: A coupe-SUV set to arrive in October 2025, labeled as a Sports Electric Vehicle (SEV).
• BE.07: A traditional SUV design launching in October 2026.

Mahindra Electric is committed to leading the electric mobility revolution in India with its innovative products and technologies. As the company gears up for these new launches, it continues to shape the future of sustainable transportation.

3. Ather Energy: Accelerating India’s Electric Revolution

Ather Energy is a trailblazer in India’s burgeoning electric two-wheeler market. Founded in 2013 by Tarun Mehta and Swapnil Jain, Ather Energy has carved a niche for itself with its high-performance electric scooters that blend cutting-edge technology with sleek design.

Company Introduction

• Headquarters: Bengaluru, Karnataka, India
• Founders: Tarun Mehta and Swapnil Jain
• Establishment: 2013
• Products: Electric two-wheelers
• Manufacturing Facilities: Whitefield, Bangalore, and Hosur, Tamil Nadu.

EV Products

Ather’s lineup of electric scooters includes:

• Ather 450X: Known for its quick acceleration and nimble handling.
• Ather 450 Plus: Balances performance with affordability.
• Ather 450 Apex: The latest model boasting a bold design and peak performance.
• Ather Rizta: A family-friendly scooter with ample storage and safety features.

Top-Rated Products

The Ather 450X stands out as a top-rated product, celebrated for its impressive range, rapid charging capabilities, and intuitive touchscreen dashboard. It has become a benchmark in the electric scooter segment.

New Launches

Ather Energy is constantly innovating, and recent teasers suggest the launch of new models on August 11, 2023. These include a more powerful variant of the 450X and a family-friendly scooter, expanding Ather’s diverse portfolio.

Ather Energy is not just selling scooters; it’s creating an ecosystem for electric mobility in India. With a robust charging network and a focus on customer experience, Ather is poised to play a significant role in shaping India’s electric vehicle landscape.

4. Hero Electric: Leading the Charge in India’s EV Revolution

Hero Electric has emerged as a frontrunner in the Indian electric two-wheeler industry, leveraging its rich legacy in the automotive sector to drive the future of eco-friendly transportation.

Company Introduction

• Established: 2007
• Headquarters: New Delhi, India
• Parent Company: Hero Eco Group
• Vision: To provide an ecological two-wheeler solution that offers excellent value for money
• Manufacturing Plant: Ludhiana, Punjab, India
• Market Share: 65% in the Indian electric two-wheeler market.

EV Products

Hero Electric’s diverse range of products includes:

• Optima Series: Known for its versatility and efficiency.
• NYX Series: Designed for the urban commuter with a focus on utility and performance.
• Photon Series: Offers a premium riding experience with advanced features.

Top-Rated Products

The Optima CX5.0 and NYX CX5.0 are among the top-rated products, appreciated for their innovative technology, seamless riding experience, and advanced Japanese motor technology.

New Launches

Hero Electric recently expanded its portfolio with the launch of the Optima CX5.0 (Dual-battery), Optima CX2.0 (Single Battery), and NYX CX5.0 (Dual-Battery). These models come with ‘hibernating battery technology’ and a ‘dynamically synchronized powertrain’, setting new benchmarks in the industry.

Hero Electric continues to innovate and lead the electric mobility segment in India, with a commitment to quality, customer satisfaction, and environmental sustainability.

5. MG Motor India: Electrifying the Automotive Landscape

MG Motor India, a subsidiary of the global automotive giant SAIC Motor, has been redefining the Indian automobile market since its establishment in 2017. With a rich legacy dating back to 1924, MG (Morris Garages) has evolved from a British racing icon to a modern, innovative brand.

Company Introduction

• Established: 2017
• Headquarters: Gurugram, Haryana, India
• Parent Company: SAIC Motor Corporation Limited
• Manufacturing Facility: Halol, Gujarat, India
• Products: Automobiles, including electric vehicles
• Market Presence: A significant player in the Indian automotive market with a focus on innovation and customer experience.

EV Products

MG Motor India has made a strong entry into the EV market with products like:

• MG ZS EV: An electric SUV offering a range of 461 km on a single charge and equipped with a 50.3 kWh battery.
• MG Comet EV: A compact electric car with a range of 230 km, featuring a 17.3 kWh prismatic cell battery and i-SMART technology with over 55 connected car features.

Top-Rated Products

The MG Hector and MG Gloster are among the top-rated products, known for their advanced features, comfort, and performance. The Hector is appreciated for its spacious interiors and connectivity features, while the Gloster is lauded for its off-road capabilities and luxury feel.

New Launches

MG Motor India is gearing up for an exciting lineup of new launches, including:

• MG Gloster 2024: An updated version of the premium SUV with enhanced features and design, expected to launch on June 15, 2024.
• MG 3: An affordable hatchback with modern amenities, slated for release in February 2025.
• MG Euniq 7: A luxury electric MPV with a focus on space and technology, anticipated to hit the market in April 2025.

MG Motor India continues to push the boundaries of innovation with its electric vehicles and customer-centric approach. As the brand grows, it remains committed to providing cutting-edge technology and sustainable mobility solutions to its customers.

Disclaimer:

The information provided in this blog post is based on publicly available data and may not reflect the most recent developments in the electric vehicle industry. The details about the companies and their products are intended for general informational purposes and should not be considered as endorsements or recommendations. The specifications and features of electric vehicles mentioned are subject to change by the manufacturers. For the latest updates and accurate information, please refer to the official company websites or contact the respective companies directly.