The Top 5 Electric Two-Wheeler Companies in India for 2022 are Ola Electric, Okinawa, Hero Electric, Ampere, and Ather Energy.
EVs will be very popular shortly as petrol prices are skyrocketing in India, and the need for cleaner energy is paramount.
The Future is Electric !!!
Top Electric Two-Wheeler Companies in India With Monthly Sales are as follows:
|Ranking||Electric Two-Wheeler Companies||Sales Units (Apr-22)||Market Share|
Let’s Check Out the Top 10 Electric Two-Wheeler Companies in India:
1). OLA Electric
Ola Electric is the number 1 electric two-wheeler company in India currently. It is located in Tamil Nadu and headquartered in Banglore.
It was founded in March 2019 by Bhavish Aggarwal by buying the parent company’s stake in Ola electric.
The manufacturing setup is located in the Pochampalli town in Krishnagiri district of Tamil Nadu whose construction began in February 2021.
The company launched its first two-wheeler electric scooter named Ola S1 on 15 August 2021.
There will be two models available in 10 elegant colors – S1 and S1 Pro. The launch price is close to Rs. 1 lakh and there is a strong interest shown by early adopters and enthusiasts for the OLA scooter.
The pre-orders are already started and scheduled for delivery for the customers, who will pre-order by October 2021.
You can pre-order the Ola electric scooter from the company’s official website – Ola Electric.
Okinawa electric two-wheeler company is no.2 based on recent sales numbers. They have a manufacturing plant in Bhiwadi, Haryana.
It was a startup that came into existence in 2015, and the founder is Mr. Jeetender Sharma.
It operates 74 dealerships and aims to open 450 over the next three years.
The company manufactures electric scooters and bikes. It launched six scooters and planning to reveal seven new models in India soon.
Some known Okinawa bikes are – Okinawa Praise, Ridge Plus, Lite, Dual, R30, and i-Praise.
3). Hero Electric
Mr. OP Munjal and his brother founded Hero Electric in 1956 in Ludhiana, Punjab. Hero Electric is on number 3 based on the April’22 sales volumes.
Hero initially started making bicycles and became the largest bicycle maker in the world.
Gradually, it started Hero MotoCorp – which ruled over India with its bike and scooters.
It is the largest bike manufacturer in India.
In 2000, Hero started producing electric two-wheelers, and in 2007, it established Hero Electric as a separate company.
The company has unveiled many two-wheelers – bikes and scooters in India to date.
It is said that in 2021-22, the firm will add 7 new electric scooters.
Ampere is the oldest one to offer battery-based two-wheelers in India and is currently Number 4 in the Indian market. It was founded in 2008 and is one of the startups by Women entrepreneurs.
The founder of the company is Ms. Hemalatha Annamalai from Tamil Nadu. The company has its headquarters in Coimbatore.
The company tied up with Greaves Cotton in 2018.
The electric vehicle company mainly manufactures scooters.
The electric two-wheelers available in India are Magnus60, V48, ZealEX, Reo Elite, Magnus, and Reo Plus.
5). Ather Energy
Ather Energy is an Indian-based electric vehicle company established in 2013 by Tarun Mehta and Swapnil Jain. Its headquartered in Banglore, Karnataka. The start-up is gaining momentum and is at number 5 in India.
This electric vehicle corporation manufactured two electric scooters – Ather 450X and Ather 450 Plus.
It also organized the electric vehicle charging infrastructure – Ather Grid.
TVS is an Indian multi-national motorcycle company founded in the year 1978.
Its founder is T.V. Sundaram Iyengar, and the headquarters is in Chennai, Tamil Nadu.
TVS Motor is the second largest two-wheeler exporter in India it exports bikes to over 60 countries.
Recently, the company launched an electric scooter named iQube in New Delhi.
In the future, we can see many new electric models as per the firm.
7). Revolt Motors
Revolt motors is a startup founded by the Indian-based mobile manufacturing company Micromax’s co-founder Rahul Sharma. It is headquartered in Gurgaon, Haryana.
The company revealed its first electric bike – RV400 – India’s first AI-enabled electric motorcycle.
The firm has a production plant in Manesar (Gurgaon) which can charge about 1.2 lakh bikes at a time.
You can also read about the top 10 SUV and Electric car companies in India.
8). Bajaj Auto
It is an Indian multi-national two-wheeler, and three-wheeler company established 75 years ago, on 29th November 1945 in Rajasthan.
The founder is an Indian Auto legend – Mr. Jamnalal Bajaj.
The headquarter for Bajaj Auto is in Pune, Maharashtra.
The company launched its first electric scooter Chetak (named after the iconic Bajaj Chetak from the 90s), on 16th October 2019.
The scooter production started in the Chakan plant in Pune on 25 September 2019.
The electric scooter by Bajaj was unveiled in Pune and Banglore in January 2020.
9). Simple Energy
Simple Energy two-wheeler electric scooter company is also an Indian electric vehicle company based in Bengaluru.
The startup was founded by Suhas Rajkumar and incorporated in 2019.
The company launched its first electric scooter, Simple One in India on August 15, 2021. In the first phase of the launch, it will be available in 13 states.
The company said that these electric scooters are manufactured in India and will bring high-quality made-in-India products to the people.
Besides, the company also shared details for the charger – A simple loop. It will be deployed pan India to offer better-charging infrastructure. The company has plans to deploy 300+ charging stations in the country in the coming months.
To make the charging station more convenient and easy to access, Simple Energy is partnering with shopping malls, restaurants, hotels, etc.
The Simple One electric scooter can be pre-booked from the company’s official website – Simple Energy
10). Okaya Electric
Okaya has been a battery manufacturing industry pioneer for the last 29 years. It is an Indian company delivering the most reliable batteries to different customer segments.
Recently, the company has joined the two-wheeler electric business by launching a range of affordable electric scooters in India.
Moreover, the company is building a large manufacturing plant in Neemrana, Rajasthan, that will likely be complete in 2023-2025.
Mr. Anil Gupta, Managing Director, said the company is set to establish showrooms and service centers worldwide soon.
The electric scooter launched by Okaya is – AvionIQ series and ClassIQ series with the price range from Rs. 39,00 to Rs. 60,000.
Concluding Thoughts – Evs are the Future!
Another significant benefit of electric vehicles is the low running cost compared to petrol. Also, there are minimal moving parts, so less maintenance is required.
For city driving, nearly silent electric two-wheelers will be massively popular in the coming years, and several companies are already doing R&D in the field. They have launched some offerings in the market.
Once there is a shift to electric vehicles, we will also see many positive environmental changes due to reducing harmful gases from internal combustion engines.
Written By Heena Makwana and Edited By Kanuj Sharma