“Discover the leading electric vehicle startups in India poised to revolutionize the automotive industry. Explore innovative companies driving sustainable mobility and shaping the future of transportation.”
Top 10 Electric Vehicle Startups in India
India is rapidly embracing the Electric vehicle (EV) revolution, with several innovative startups leading the charge towards a sustainable automotive future. These companies are not only focusing on reducing carbon footprints but also on enhancing technology and affordability in the EV sector. Here’s a look at the Top 10 Electric vehicle startups in India that are making significant strides in this dynamic industry:
Table of Contents
1. Ola Electric
Ola Electric, founded in 2021 by Bhavish Aggarwal, is headquartered in Bangalore. The company aims to transform urban mobility with its range of electric scooters and cars, focusing on sustainable transportation solutions across India.
| Founded | Founders | Location | Focus |
|---|---|---|---|
| 2021 | Bhavish Aggarwal | Bangalore | Electric scooters, cars |
2. Ather Energy
Ather Energy, established in 2013 by Tarun Mehta and Swapnil Jain, operates from Bangalore. Known for its smart electric scooters and robust charging infrastructure, Ather is a pioneer in the Indian EV market.
| Founded | Founders | Location | Focus |
|---|---|---|---|
| 2013 | Tarun Mehta, Swapnil Jain | Bangalore | Smart electric scooters, charging infrastructure |
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3. Revolt Motors
Revolt Motors, founded by Rahul Sharma in 2019 and headquartered in Gurgaon, specializes in electric motorcycles equipped with innovative battery-swapping technology, aiming to disrupt the two-wheeler market in India.
| Founded | Founders | Location | Focus |
|---|---|---|---|
| 2019 | Rahul Sharma | Gurgaon | Electric motorcycles, battery swapping |
4. BluSmart
BluSmart, established in 2019 and based in Delhi, offers electric cab services as an eco-friendly alternative to conventional taxis, promoting sustainable urban transportation solutions.
| Founded | Founders | Location | Focus |
|---|---|---|---|
| 2019 | Anmol Jaggi, Punit K Goyal | Delhi | Electric cab services |
5. Simple Energy
Simple Energy, founded by Suhas Rajkumar in 2019 and headquartered in Bangalore, focuses on technology-driven electric scooters with advanced features and long-range capabilities, catering to urban commuters.
| Founded | Founders | Location | Focus |
|---|---|---|---|
| 2019 | Suhas Rajkumar | Bangalore | Electric scooters, technology-driven |
6. Euler Motors
Euler Motors, founded in 2018 by Saurav Kumar and based in New Delhi, specializes in electric commercial vehicles, contributing to sustainable logistics solutions with its innovative approach.
| Founded | Founders | Location | Focus |
|---|---|---|---|
| 2018 | Saurav Kumar | New Delhi | Electric commercial vehicles |
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7. Triton Electric Vehicles
Triton Electric Vehicles, founded in 2020 by Himanshu Patel and headquartered in New Delhi, focuses on developing electric trucks and buses to address the growing demand for zero-emission commercial vehicles in India.
| Founded | Founders | Location | Focus |
|---|---|---|---|
| 2020 | Himanshu Patel | New Delhi | Electric trucks, buses |
8. Nexzu Mobility
Nexzu Mobility, established in 2015 and based in Pune, specializes in electric bicycles and scooters, offering affordable and eco-friendly personal mobility solutions across India.
| Founded | Founders | Location | Focus |
|---|---|---|---|
| 2015 | Rahul Shonak | Pune | Electric bicycles, scooters |
9. Evolet
Evolet, founded in 2019 by Hanumant Rawat and Prerana Agarwal, is headquartered in Gurugram. The company manufactures electric scooters and motorcycles, promoting sustainable and efficient transportation options in urban areas.
| Founded | Founders | Location | Focus |
|---|---|---|---|
| 2019 | Hanumant Rawat, Prerana Agarwal | Gurugram | Electric scooters, motorcycles |
10. Ultraviolette Automotive
Ultraviolette Automotive, established in 2015 by Narayan Subramaniam and Niraj Rajmohan, is located in Bangalore. The company focuses on high-performance electric motorcycles, combining cutting-edge technology with sustainable mobility solutions.
| Founded | Founders | Location | Focus |
|---|---|---|---|
| 2015 | Narayan Subramaniam, Niraj Rajmohan | Bangalore | High-performance electric motorcycles |
CONCLUSION : The electric vehicle (EV) startup scene in India is thriving with innovation and ambition. Each of the top 10 companies highlighted—Ola Electric, Ather Energy, Revolt Motors, BluSmart, Simple Energy, Euler Motors, Triton Electric Vehicles, Nexzu Mobility, Evolet, and Ultraviolette Automotive—brings a unique perspective and solution to the table, contributing towards a greener and more sustainable future for transportation.
Who is leading the EV market in India?
Currently Tata Motors held over two-thirds of the country’s EV market, but Mahindra & Mahindra and BYD are emerging players in the Indian market
Which is the No 1 EV company in India?
The top Electric vehicle producers in India are Tata Motors, JBM Auto, Olectra Greentech, Mahindra Electric mobility, Ola Electric Mobility, Ashok Leyland Electric, Hyundai, Hero Electric, Menza Motors, Lohia Auto, Kia Motors, etc
What is the best electric car company to invest in India?
Tata Motors and Mahindra & Mahindra are among India’s leading manufacturers of electric vehicles (EVs). Tata Motors has made gains with models such as the Nexon EV, while Mahindra & Mahindra has a strong presence in electric cars
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