Electric Two-wheelers in India (3) 78 companies

Key updates on new entrants and a list of OEM plants along with model information

2024/10/16

Table of contents

Summary
Plant and production capacity of 78 electric two-wheeler OEMs
Simple Energy
Tork Motors
Wardwizard Innovations & Mobility Limited (WIML)
Srivaru Motors (SVM)
Jitendra EV Tech
Ultraviolette Automotive
Hop Electric
Godawari Electric Motors
LML Emotion
River Mobility
Revolt Intellicorp
Other notable announcement from electric two-wheeler companies

Summary

The recent expansion of the electric two-wheeler market in India has attracted numerous new companies and startups to enter the sector. In recent years, many new start-ups have started operations in India, showcasing their innovative products and technological advancements.

While the segment thrives, many companies have encountered challenges in recent years, including product acceptance issues, intense competition, and reduced or insufficient funding. Nonetheless, most companies are actively operating and creating new opportunities in this space.

In the past two reports, the market of electric two-wheelers in India, the strategies of existing ICE two-wheeler companies for transitioning to electric mobility, and updates of top-selling start-ups were covered. This edition brings the updates of other key electric two-wheeler companies and startups.

The report also features a list of 78 electric two-wheeler companies, detailing their production plants, capacities, models, and battery types.

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