India, known as the world’s fourth-largest car market, is yet to become a significant hub for electric vehicles (EVs). However, the country is actively working towards achieving 100% electrification by 2030. In order to meet this ambitious goal, the government is shifting its focus towards cleaner transportation and personal mobility. Established companies like Mahindra Electric and Hero Motocorp Ltd. are rapidly expanding their presence in the EV sector. Simultaneously, startups such as Ola Electric, TVS Motors, and Ather Energy have also demonstrated impressive sales growth, showcasing the potential of new-age companies in the Indian EV market. Following are the top 10 Electric bike companies in India:
- Revoltt Motors
Revolt Motors, a startup based in Gurugram, has been creating a buzz in the Indian electric bike market. Their leading model, the RV400, is an e-bike known for its impressive performance. It can reach a top speed of 85 km/h and has a commendable range of up to 150 km on a single charge.
- Ather Energy
Ather Energy Pvt. Ltd., an Indian startup, aims to provide sustainable transportation in a market dominated by petrol and diesel vehicles. Their flagship electric scooter offers exceptional performance and an enhanced riding experience. Ather Energy also prioritizes the development of reliable charging infrastructure to meet the increasing demand for electric vehicles in India.
- Hero Electric
Hero Electric Vehicles Pvt. Ltd. specializes in producing and distributing electric two-wheelers, including scooters and motorcycles, for diverse market segments. The company is known for its eco-friendly and innovative solutions, striving to reduce carbon emissions and promote sustainable transportation. With over 500 dealerships and service centres, Hero Electric ensures widespread availability and distribution of its products throughout India.
- TVS Motors
TVS Motors, a leading multinational motor company in India, excels in manufacturing two-wheelers and three-wheelers. Their diverse product portfolio encompasses motorcycles, scooters, and three-wheelers, catering to a wide range of customer segments, from entry-level to premium. With a vast network of over 5,000 dealerships and service centres, TVS Motors ensures comprehensive distribution and service coverage, both domestically and internationally.
- Bajaj Auto
Bajaj Auto Limited, a renowned company, excels in designing, manufacturing, and globally distributing two-wheeled vehicles. With a robust presence in over 75 countries, it has established itself as a leading global manufacturer in this industry. Bajaj Auto offers a wide range of products, including motorcycles, scooters, and three-wheelers, catering to various customer segments. Embracing the electric vehicle market, Bajaj Auto has introduced electric scooters and motorcycles, aligning with the evolving trends in the Indian market.
- Tork Kratos
The Tork Kratos, an electric street bike, is priced starting from Rs. 1,31,070 in India. It is offered in two variants and four colors, with the top variant starting at Rs. 1,65,041. Equipped with a 4000 W motor, the Tork Kratos delivers powerful performance. It features front and rear disc brakes with a combined braking system for enhanced safety. Tork Motors has introduced the Kratos electric motorcycle as a competitor to the Revolt RV400. The Tork Kratos will be launched in a phased manner, initially available in cities such as Pune, Hyderabad, Bangalore, Chennai, Ahmedabad, and Delhi.
- OLA Electric
Ola Electric Mobility, a subsidiary of Ola Cabs, has garnered acclaim for its Ola S1 and Ola S1 Pro electric scooters, manufactured in a state-of-the-art automated facility in Tamil Nadu. The S1 and S1 Pro models excel with advanced attributes, including keyless ignition, ample storage, an external charging port, a large intelligent LED display, and remarkable performance capabilities.
- Okinawa Autotech Pvt. Ltd
Okinawa, established in 2015, has swiftly become a popular choice among young riders seeking electric two-wheelers. With its dynamic design and impressive performance, this Gurugram-based brand currently holds the second position among India’s top two-wheeler brands as of February 2022. Okinawa offers a diverse lineup of six models, including the Okinawa R30, Ridge Plus, Praise, i-Praise, and OKHI-90, providing strong competition to feature-rich alternatives like the Ola S1 Pro. Notably, Okinawa achieved approximately 29,945 units in sales for 2021, with an impressive 11,536 electric scooters sold in January 2022 alone.
- Pure EV
Since its inception in 2019, Pure EV, an electric scooter startup, has made remarkable strides in the Indian market. Renowned for its eco-friendly and innovative product range, the company emphasizes top-notch quality and performance. By introducing electric scooters to a wide range of customers, Pure EV is rapidly emerging as a prominent player in the electric vehicle industry.
- Ampere Electric Pvt. Ltd.
As of February 2022, Ampere Vehicles has solidified its position as the third-largest electric two-wheeler brand in India. Originally catering to individuals with disabilities, the company expanded into the electric scooter market in 2010. Backed by notable investments from industry stalwarts like Shri Ratan N Tata, Ampere offers a diverse lineup of four scooter models, including Magnus EX, Magnus, Zeal EX, and Reo Plus, with prices ranging from Rs 45,000 to Rs 80,000. In February 2022, the company achieved impressive sales of 4,303 units.
Conclusion
With the increasing demand for sustainable transportation, electric bikes have emerged as a popular choice among environmentally conscious individuals in India. The OLA S1 Pro, Ather 450, Revolt RV400, and TVS iQube stand out as top contenders in the Indian market, offering distinct features and advantages. Whether you value speed, range, or affordability, there’s an electric bike tailored to meet your requirements. Embrace the future of commuting by selecting an electric bike that resonates with your lifestyle and contributes to a more eco-friendly tomorrow.
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