Termed as one of the biggest markets of automotive across the world, India has come a long way since independence in terms of automotive services and solutions.
Leveraging the fertile conditions of nascent mobility market, India has witnessed a sudden sprouting of mobility startups in various parts of the country in the last decade.
And the catalyst of more startups making its way in this still growing market was the power pact idea of shifting India’s automotive world towards electrification.
With the help of government’s push towards electric vehicles via a number of EV pro schemes and subsidies, the sales of EVs have boomed at a high rate in the recent few years. And with standards set for performance of batteries that will get manufactured locally, EV market is expecting a higher turnover in the near future.
Spearheading this high-stake transition from simple mobility to e-mobility marks the purpose of today’s discussion.
Considering market sales and collective profits gained by some of the Top E-mobility Companies in 2022- June to September, we have carefully compiled a list of five such companies.
Here’s how these Top Five E-Mobility Companies in India 2022 gained such a reputation.
Top Five E-Mobility Companies in India 2022
Hero Electric
Highest sales grosser of two-wheeler EVs last year, Hero Electric has topped the list of Top Five E-Mobility Companies in India 2022. Comparable to its IC engines popularity, the Hero brand has now introduced a variety of potent electric scooters whose sales rival to Ola only as recorded for the month of April, 2022.
A total of seven electric two-wheelers are offered by Hero Electric out of which three shows a city-speed lineup of 45 kmph as its top speed, while others run at 25 kmph at max.
Ola Electric
Starting its career with ride sharing vehicles that led to its high growth, Ola Electric has forayed in electric vehicle market with the launch of its electric scooters named Ola S1 and Ola S1 Pro in 2021. Thus, securing its place in Top Five E-Mobility Companies in India 2022.
According to the data, the company has surpassed every other electric scooter manufacturer in India in terms of sales for the month of April, and have registered selling 12,689 e-scooter units in April.
Tata Motors
Considered the Automaker giant of India in terms of variety of vehicles sold till now, Tata Motors leads the electric car segment in India. Tigor EV and Nexon EV are some of the highest sought after electric car models along with Xpres-T electric sedan for the commercial segment.
Placed in the Top Five E-Mobility Companies in India 2022, Tata Motors plans to launch a total of 10 electric cars to India by 2026.
Ather Energy
Rising rapidly to the ranks of high sales EV company, Bengaluru based startup was founded in 2013 under the helm of Tarun Mehta and Swapnil Jain.
Ather Energy has pioneered Indian electric two-wheeler space with its Ather 450 in 2016, an exceptional e-scooter which is still a hot seller, therefore, ranked in the Top Five E-Mobility Companies in India 2022.
Now stepping into a similar domain of e-mobility, Ather has deployed a rapid EV charging network across cities under its initiative called Ather Grid, a fast-charging network available at over 350 points across 30 plus cities.
TVS
A big named in the conventional Indian two-wheeler space, TVS has stepped into the EV space in India with new electric two wheeler, thus securing its place in Top Five E-Mobility Companies in India 2022.
Apart from TVS iQube, TVS has announced its recent plans to unveil a few electric two-wheelers in India and is also co-developing electric vehicle platforms with BMW which is highly anticipated.