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Electric Two-wheelers in India (2) Major start-ups
Overview of Ola Electric, Ather, Ampere, and other 6 companies
2024/09/20
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Summary
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Analysis of state-wise electric two-wheelers registration
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Ola Electric Mobility Limited
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Ather Energy
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Ampere (Greaves Electric Mobility Private Limited: GEMPL)
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Okinawa Autotech International Private Limited
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BGauss Electric
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Okaya EV Private Limited
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Hero Electric
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Kinetic Green
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Batt:RE (Battre Electric Mobility Pvt Ltd)
Summary
The Indian electric two-wheeler market is largely led by newer companies. In recent years, established OEMs like Bajaj and TVS Motors have made significant advancements in sales of electric two-wheelers, but the top-selling brands are predominantly newer entrants.
These companies offer more technical advanced features for electric two-wheelers. With strong funding and partnerships, these companies are setting up production facilities and expanding their retail networks. However, in recent months, some of these companies have encountered challenges, including funding freezes and setbacks related to the FAME subsidy.
This report examines state-wise sales trends in the electric two-wheeler market and an overview of the business updates and status of major electric two-wheeler companies, including their plans.
Related reports:
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Electric Two-wheelers in India (1) Policies and Market Overview (Jul. 2024)
Indian two-wheeler production and plant capacity analysis (Jun. 2024)
Bharat Mobility Global Expo 2024 (2) Two-wheelers in India (Mar. 2024)
Investment in India: OEMs, Two-wheelers, and Suppliers (Feb. 2024)
Categorization of Electric Motorcycles (Aug. 2023)
Indian Electric Two-wheelers: 64 companies (Apr. 2022)
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