India, the world’s second-largest two-wheeler market, is experiencing a surge in the electric vehicle (EV) segment for two-wheelers and three-wheelers. As the country strives for a cleaner, more cost-efficient, and greener transportation system, the adoption of EVs has gained significant momentum. With a target of achieving 100% electrification by 2030, the Indian government has shifted its focus towards promoting cleaner personal mobility. Established companies like Bajaj Auto and TVS Motors are actively expanding their presence in the EV sector, while startups such as Ola Electric, and Okinawa Autotech Pvt. Ltd and Ampere Electric Pvt. Ltd. have also showcased impressive sales growth, highlighting the potential of new-age companies in the Indian EV market. Here are the top 10 electric bike manufacturers in India:
- Bajaj Auto
Bajaj Auto Limited, a distinguished company, showcases excellence in the design, production, and worldwide distribution of two-wheeled vehicles. With a strong footprint in more than 75 countries, it has emerged as a prominent global manufacturer in the industry. Bajaj Auto offers an extensive portfolio of products, encompassing motorcycles, scooters, and three-wheelers, tailored to meet the diverse needs of customers. Embracing the burgeoning electric vehicle market, Bajaj Auto has introduced a range of electric scooters and motorcycles, aligning with the evolving trends in the Indian market.
- OLA Electric
Ola Electric Mobility, a subsidiary of Ola Cabs, has gained recognition for its Ola S1 and Ola S1 Pro electric scooters, which are manufactured in a cutting-edge automated facility located in Tamil Nadu. The S1 and S1 Pro models stand out with their advanced features, such as keyless ignition, generous storage space, an external charging port, a large intelligent LED display, and impressive performance capabilities.
- TVS Motors
TVS Motors, a prominent multinational motor company in India, stands out for its expertise in producing two-wheelers and three-wheelers. Their extensive range of products includes motorcycles, scooters, and three-wheelers, addressing the needs of diverse customer segments, ranging from entry-level to premium. With a vast network of more than 5,000 dealerships and service centres, TVS Motors guarantees extensive distribution and service coverage, both domestically and globally.
- Hero Electric
Hero Electric, a prominent e-bike manufacturer in India, holds a significant position in the industry. With an extensive product lineup that includes models like Optima, Flash, and Photon, Hero Electric offers a diverse range of e-bikes to cater to various customer preferences. Among their offerings, the Optima stands out as a popular choice, providing an impressive range of up to 50 km on a single charge and a top speed of 25 km/h.
- Ather Energy
Ather Energy Pvt. Ltd., an Indian startup, is committed to offering sustainable transportation solutions in a market primarily dominated by petrol and diesel vehicles. Their flagship electric scooter delivers outstanding performance and an enhanced riding experience. Ather Energy also places great importance on the development of a dependable charging infrastructure to meet the growing demand for electric vehicles in India.
- Revoltt Motors
Revolt Motors, a Gurugram-based startup, has been generating excitement in the Indian electric bike market. Their flagship model, the RV400, is an electric bike renowned for its exceptional performance. With a top speed of 85 km/h and an impressive range of up to 150 km on a single charge, it has garnered significant attention and acclaim.
- Ampere Electric Pvt. Ltd.
Ampere Electric, a Chennai-based e-bike manufacturer, provides a diverse lineup of models, such as the Zeal, Reo, and Magnus. Among them, the Zeal stands out as a crowd favourite, offering an impressive range of up to 75 km on a single charge and a top speed of 25 km/h.
- Pure EV
Pure EV, an electric scooter startup, has experienced significant growth and success in the Indian market since its establishment in 2019. The company has gained recognition for its environmentally friendly and innovative product lineup, placing a strong emphasis on delivering excellent quality and performance. By introducing electric scooters to a diverse range of customers, Pure EV is swiftly establishing itself as a prominent participant in the electric vehicle industry.
- Okinawa Autotech Pvt. Ltd
Established in 2015, Okinawa has rapidly gained popularity among young riders seeking electric two-wheelers. Based in Gurugram, this brand has captured the second position among India’s leading two-wheeler brands as of February 2022, owing to its dynamic design and impressive performance. Okinawa offers a diverse range of six models, including the Okinawa R30, Ridge Plus, Praise, i-Praise, and OKHI-90, presenting strong competition to feature-rich alternatives like the Ola S1 Pro. Noteworthy achievements include approximately 29,945 units sold in 2021, with an impressive sales figure of 11,536 electric scooters in January 2022 alone.
- Tork Kratos
In India, the Tork Kratos, an electric street bike, has a starting price of Rs. 1,31,070. It is available in two variants and four colours, with the top variant priced at Rs. 1,65,041. Powered by a 4000 W motor, the Tork Kratos delivers impressive performance. It is equipped with front and rear disc brakes, along with a combined braking system, ensuring enhanced safety. Tork Motors has introduced the Kratos electric motorcycle as a direct competitor to the Revolt RV400. The launch of the Tork Kratos will be phased, with initial availability in cities like Pune, Hyderabad, Bangalore, Chennai, Ahmedabad, and Delhi.
Conclusion
The electric bike market in India is witnessing a remarkable transformation, thanks to these top 10 electric bike manufacturers. With their innovative solutions, sustainable practices, and focus on user experience, they are shaping the future of transportation in the country. As more consumers embrace electric mobility, these manufacturers are driving the transition towards a greener and more efficient two-wheeler industry in India. With their continued efforts, we can expect even more exciting developments in the electric bike market, making it clean and eco-friendly.
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