electric scooter business plan in india

How To Start Electric Scooter Business In India?

As electric scooters are quickly gaining popularity and constantly getting massive growth around India, the time has come for us to finally grasp the financial opportunity waiting for people who recognize the potential of electric vehicles.

So if you want to capitalize on this massive growth facing the electric scooter industry, you can choose to open a business centered around electric scooters .

Before making the decision to start an electric scooter business you need to inform yourself about many things that are necessary for taking this step, and we are providing you here with a complete guide on how to start an electric scooter business in India .

Table of Contents

Is Electric Scooter Business Profitable In India?

Electric scooters are rapidly replacing the petrol scooter market in India right now, because of all the innovative features they have to offer at an affordable price and low maintenance cost.

With the current rate of sales of electric scooters and the government initiative to promote their sales over petrol scooters, the popularity of electric scooters will just keep on increasing.

India is now one of the countries with the most demand and expansion of electric scooters. In this current climate, electric scooters will be a great investment option.

Various electric scooter companies like Ola, Okinawa, Battre, etc. are reporting massive growth in their sales, again proving the lucrative business opportunity that electric scooters are.

This year we have seen a significant amount of dealerships and charging stations for electric vehicles opening all across India in anticipation of the growing demand for electric vehicles.

Read Ketron electric scooters

Growth Of Electric Scooters

Over the last 2 years, electric scooters have seen significant growth in their sales, in 2021 there was a 132% growth in the sales of electric vehicles.

Popular electric scooter brands like Ola , Okinawa, and Ampere are reporting steady growth in the sales of their electric two-wheelers, especially electric scooters.

The obscene amount of rising in the price of petrol is finally driving the growth of the electric scooter sales.

Estimated Electric Scooter Price in India

It is necessary to have an idea of the estimated price of electric scooters in India for the coming years to understand the overall price they will cost you.

Low-speed electric scooters will cost you somewhere around 25,000 to 30,000 rupees and high-powered electric scooters will cost you around 50,000 to 1,00,000 rupees.

The price of scooters might vary between themselves quite a lot due to several factors such as the various different features and specifications they might come with.

When you have an idea about the estimated price of electric scooters you will be able to make a better plan for your business.

Electric Scooter Business Opportunities

So you have decided to open an electric scooter business in India , now you need to consider the various ways you can start an electric scooter business. What kind of opportunities are available for the electric scooter business.

To make the correct choice for your electric scooter business you need to first understand your budget, the various pros, and cons of opening an electric scooters business, and the limitations that you might face.

There are many different ways of starting an electric scooter business such as you can start manufacturing your own electric scooters, or start an electric scooter assembly business or an electric scooter dealership .

Each of these three different options has certain benefits and challenges associated with them. You need a thorough understanding of the resources available to you and your own capacities and limitations to make a choice that’s suitable for you.

Read Electric Scooters Mileage Per Charge

Electric Scooter Manufacturing Business

The first electric scooter business idea that you might consider is the electric scooter manufacturing business. You can choose to go all in and make your own electric scooters.

This is a great way for anyone looking for something original and ambitious, manufacturing electric scooters can be very profitable if done correctly but they can turn out to be very challenging too.

Between the various options available to you manufacturing electric scooters might be the most challenging but ultimately rewarding business. You need a completely original business plan for this electric scooter business plan.

Manufacturing Cost Of Electric Scooters

It is very important to get a general idea of the cost of your electric scooter manufacturing business because this business will require you to almost make every part of the scooter and in some cases even assemble these scooters.

Considering all these things estimating the cost of manufacturing electric scooters will be necessary for you to develop your business plan.

First, you need to create a business plan considering all your needs in an electric scooter manufacturing plant . What raw materials do you need, how many workers and other expenses like that.

Read How To Get Subsidy On Ola Electric Scooter?

Electric Scooter Assembly Business

There is another option for people looking to start an electric scooter business, which is to start an electric scooter assembly business. You can collaborate with various electric scooter parts manufacturers and assemble your own electric scooters.

Many of the most popular electric scooter companies don’t make the scooters themselves but in fact, just assemble the different parts manufactured by different manufacturers.

The electric scooter assembly business is significantly easier and less complicated than the manufacturing business, it is less technical and can be done even if you lack a deep understanding of electric vehicles.

Assembly Cost Of Electric Scooter

To plan a successful electric scooter assembly business we need to find out the estimated cost of electric scooter assembly. Electric scooter assembly will cost relatively less than an electric scooter manufacturing business.

You have to take into account all the facets of cost in an electric scooter assembly business, like the cost of transportation for the materials you are getting, and the cost of different parts of the electric scooter.

You also need to take into account all the other related costs like cost of employees needed, cost of marketing and many such things. So to start an electric scooter business you should have all these things figured out.

Read How To Get Ola Electric Scooter Dealership?

Electric Scooter Dealership Business

Another very lucrative as well as a simplified form of electric scooter business is electric scooter dealerships.

Dealerships are a great way to participate in the profitable world of electric business even when you don’t have a thorough understanding of electric scooters.

The additional benefit of this form of business is that you’ll have the ability to choose the most profitable brand of electric scooter and collaborate with them for a dealership.

By doing so you’ll have the ability to ensure your profits and make a more informed and secure choice of dealership.

How To Get Electric Scooter Dealership

nowadays getting a dealership for electric scooters is becoming more and more easier and hassle-free with online dealership application opportunities.

You can apply for dealerships of popular electric scooter companies like Ola, Okinawa, Battre, etc. just by going to their website and providing the proper information.

If you qualify for the dealership business for any of these electric scooter brands then the further process of starting a dealership is quite simple. Electric scooter dealership is a relatively new and profitable business.

Electric Scooter Dealership Cost

The cost of starting an electric scooter dealership is no small business as the money it will cost you won’t be anything small, it will be quite a significant amount.

To have a full proof plan of costs of your business make sure you are taking into account all the relevant details of the business costs associated with the dealership.

Make a detailed plan of the employees required, the cost of rent of the dealership, cost of getting the electric scooter to the showroom, and then you will have a good idea of the cost of your electric scooter dealership.

Read Electric Scooter Or Petrol Scooter?

Electric Scooter Rental Business

Another form of business that can be taken up regarding electric scooters is the electric scooter rental business, where you can make various brands of electric scooters available for rent to people.

This form of business is a lot more started forward and service-oriented because instead of providing a product you are actually providing a service to the customer in the form of renting vehicles.

Being a service-oriented business, the electric scooter rental business needs to focus more on the customer than on the individual electric scooters.

Electric Scooter Charging Station Business

Since the ongoing growth of electric scooters, charging stations have become an indispensable staple for commuters in India.

Since home charging is not completely accessible to everyone, charging stations are very important for the users of electric scooters.

Tata is opening chains of electric vehicle charging stations all throughout India, and it shows the ongoing popularity of this business venture.

Investment Required To Start An Electric Scooter Business

Depending on the kind and scale of your business, the investment amount required for the starting of an electric scooter business varies.

If you have a well-thought-out plan and proper financial vision then the investment amount won’t be a problem for you.

Read Is It Good To Buy Second Hand Electric Scooters?

How Much Does It Cost To Start An Electric Scooter Business?

No matter which form of electric scooter business you choose to start, you will need to have an estimated idea of how much it usually costs to start an electric scooter business.

It’s very relative as a lot depends on the type of electric scooter business you choose to start, how big or small it is, what kind of electric scooters you’ll deal and even the place you are starting your business.

So to have an accurate idea of all these things you should take stock of the business plan you have in mind and take into account all the costs associated with it.

With the sudden rise in the popularity of electric scooters, it is no wonder that people are starting to take the idea of starting an electric scooter business more seriously.

Electric scooters are a highly profitable commodity to invest in and anyone looking for a lucrative field to start their business in should seriously consider electric scooters.

With the limited information available on this topic, we hope to help you start your electric scooter business smoothly with this detailed article of ours.

You may like the following electric scooters articles:

How To Recharge Electric Scooter?
What Is The Battery Life Of Electric Scooter?
Joy Electric Scooter
Top electric scooters in Indore
Best electric scooters in Coimbatore

I am Bijay, a car and bike lover, and sharing my experience, expertise and reviews on electric cars and electric bikes. Electric cars and bikes are the future and they will help to save a lot of money and help us to clean our environment. When I am not working, then I will take my car out for a long drive. Check out more .

Tapping India’s EV scooter market

Indian electric scooter and motorcycle market reaching CAGR of 57.9% by 2027

In India , the demand for e-bikes has increased in recent years. The electric bike market in India is advancing due to rising consumer demands for electric two wheelers for fun and exciting activities, as well as the use of e-bikes in other sectors such as transportation and rentals. The country’s enormous population, combined with improved last-mile connectivity, is expected to enhance the e-bike market for the foreseeable future.

In the 12-month period (January-December) of 2021, overall sales of electric two-wheelers, including high-speed and low-speed models, climbed by 132 percent over the same time in 2020. The industry sold 2,33,971 units in 2019, compared to 1,00,736 units in 2020.

Many businesses selling EV scooters claim that the EV market would grow at a CAGR of 57.9% by 2027. The majority of the reasons are that an EV scooter may be purchased for the same price as a petrol scooter, and even if the Ev scooters are pricey, their operating costs are quite cheap when compared to a petrol scooter. EV scooters do not require any maintenance because they run entirely on electricity. These bikes are environmentally friendly, causing no pollution of the air or noise.

The infographic above shows why people are transitioning to electric scooters.

According to reports, India is the fourth highest CO2 emitter, with two-thirds of the pollution created by two-wheelers, which can be reduced with such alternatives. Furthermore, by 2030, the Indian government intends for more than 30% of all vehicles sold in the country to be electric vehicles. In order to reduce all of our country’s pollution. For this project, the government has also spent $30 billion on EV infrastructure across India, with a total of 1640 public EV chargers in use across the country’s major cities. India also intends to gradually reduce its oil import bills, which currently stand at a staggering 88 billion dollars and rising annually.

EV scooters are the future of transport with the presence of several startups and organizations such as Hero Cycles, GoZero, Being Human, Giant Bicycles Co. Ltd, and others, the India E-Bike industry is moderately fragmented. Improved battery tech, lightweight, increased investment in R&D initiatives, and other factors are driving the market. Major global e-bike companies are growing their market reach in India, and local companies are adding new models to the market to give a more comforting experience to customers. In addition, manufacturers are experimenting with new marketing methods to attract customers. All these factors indicates that India is becoming a potential market for electric scooters.

ET Insights

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of ET Edge Insights, its management, or its members

Staying relevant in the competitive Indian cycling industry

Why bicycles are most economical solution for Health, Travel, and the Environment

Simple Energy to build electric scooter plant in Tamil Nadu

Electric scooters

Indian EV start-up Simple Energy, which is set to launch its electric scooter ‘Simple One’ on August 15, announced plans to build a production plant in Hosur, Tamil Nadu. The first phase will encompass around 200,000 square feet and will have a production capacity of up to million units per year.

Simple Energy will invest around Rs 350 crore (around £34 million) over 2 years and says the plant will create 1,000 jobs, focused around building the Simple One. The electric scooter will have a 4.8 kWh lithium-ion battery, a claimed range of 240km in eco mode, top speed of 100 km/h, and 0-50 km/h acceleration in 3.6 seconds. Other key features include a mid-drive motor along with a removable battery and futuristic design. It will also come with features like a touchscreen, on-board navigation and Bluetooth, among others. While the exact pricing has not yet been announced, the electric scooter is expected to be in the range of Rs 110,000 (around £1.065) to Rs 120,000 (£1.162).

“We have been receiving a lot of requests from many cities across India to book the vehicle. The company felt the need to address these requests and kickstart the phase 1 plan,” said Suhas Rajkumar, founder and CEO of Simple Energy, adding: “We are also commencing the pre-bookings from all-India from the launch day. The future is certainly cleaner and greener for Simple Energy.”

autocarpro.in , overdrive.in , rushlane.com

Simple Energy

Electric cars: Five lessons from the Motor Show in China

Hyundai invests nearly one billion dollars in Motional

HiPhi shows new signs of life

Cart 0 View Cart
Inquiry Basket 0
Track your Order

Case Studies
Certificates
Submit Manuscript
Project Consultancy, Reports & Profiles
Feasibility Reports List
Project Identification
Market Research Report
Directory & Databases
Middle East
Rest of the World
Best Industry
Best Business Ideas
Startup Business Ideas
Startup Consulting Services
Useful Readings
Pdf and Docs
Business Listings
Add Your Company
Hybrid Electric Scooter Assembling Business

Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.

Hybrid Electric Scooter Assembling Business. Electric Vehicles (EVs) Industry. Business Opportunities in Electric Two-Wheelers Manufacturing Industry

Hybrid electric vehicles (HEVs) combine the benefits of gasoline engines and electric motors and can be configured to meet different objectives such as improved fuel economy, increased power, or additional auxiliary power for electronic devices and power tools. This type of vehicle is considered to have better performance and fuel economy compared to a conventional one.

The advantages of HEVs include:

· Oil consumption is less than that of conventional vehicles.

· Carbon-based emission is lower, which makes HEVs more eco-friendly. This also helps conserve non-renewable resources like petroleum products.

· Maintenance costs are lower than those of conventional vehicles.

· With the electric motor taking charge of the engine during long travels, more mileage can be achieved with HEVs compared to other types of vehicles.

Electric scooters are two or three-wheeled vehicles powered by electricity. This power is stored in a rechargeable battery, which drives the functioning of electric motors.

Market Outlook

The global electric scooter and motorcycle market size was $12,961.8 million in 2016, and is expected to reach $22,192.0 million by 2025, growing at a CAGR of 6.9% during 2017-2025. The market is predominantly driven by tax concession on eco-friendly vehicles, growing concern for increasing carbon emissions, low maintenance cost of electric two-wheelers, and favorable regulatory environment.

Electric scooters and motorcycles are emerging as the need of hour, as commuters are in demand for solutions that provide innovative travelling experience with long distance coverage backup. The electric scooters and motorcycles have been categorized into 48V, 24V, 36v and are available in even more voltages like 60V and 72V. The speed of the scooter and motorcycle range from 30 km/hr to 70 km/hr. All electric scooters and motorcycles are provided recharging by plugging into ordinary wall outlets, usually taking about eight hours to charge.

On the basis of product, the electric scooter market has been categorized into scooter and motorcycle. In terms of value, electric scooter held larger market share, accounting for more than 95% share in 2017 and is poised to continue dominating the market in the coming years as well.

Geographically, Asia-Pacific accounted for more than 90% of the global electric scooter and motorcycle shipments in 2016. The highest growth in shipment is expected in Europe, during the forecast period; however, the market in North America is also expected to grow at nearly the same rate. The growth of the electric scooters and motorcycles market in Asia-Pacific is due to rapid urbanization and increase in household incomes, which is attracting the consumers to replace their fuel-driven two-wheelers with the electric variant. China, India, Indonesia, Japan and S. Korea are the major electric two-wheeler markets in Asia-Pacific; other major markets in the region include Australia, and Vietnam.

The global electric scooter and motorcycle market is highly fragmented, where top five players accounted for less than 35% revenue. All of the five major players -Yadea Technology Group Co. Ltd., Zhejiang Luyuan Electric Vehicle Co. Ltd., Aima Technology Co. Ltd., Sunra Group, and Dongguan Tailing Electric Vehicle Co. Ltd., are based in China. The other players having good regional presence include Govecs Group, Amper Vehicles, Vmoto Limited, Hero Electric, Energica Motor Company S.p.A., BMW, and Mahindra GeneZe. New product launches and joint ventures have been the key strategies of these major players to expand their presence in this market.

India Electric Scooters and Motorcycles Market Overview

The Indian electric scooters and motorcycles market is projected to reach 757,900 units by 2025, registering a CAGR of 42.9% during the forecast period. The market has witnessed significant growth in the recent past owing to strict norms and regulations pertaining to environmental, government incentives, and rising environmental awareness.

Based on battery type, the electric scooters and motorcycles market has been categorized into sealed lead acid (SLA) and lithium-ion (Li-ion). Among these, the SLA battery has been accounting for higher volume sales. However, the Li-ion category is poised to grow at a faster rate during the forecast period, owing to its declining prices, and lower environmental risk and longer life span as compared to the SLA category.

Government incentive schemes, growing distributor & dealership network, rising online sales, and increasing affordability of electric two wheelers being provided by leading automobile manufacturers are some of the other key factors that would boost demand for electric two wheelers in India. Moreover, growing research & development activities are likely to result in a wide product portfolio for electric two wheelers, thereby positively influencing the country’s electric two wheeler market during the forecast period.

Some of the major companies operating in India electric two wheeler market are Hero Electric Vehicles Pvt. Ltd., Okinawa Autotech Pvt. Ltd., Electrotherm (India) Ltd., Lohia Auto Industries, Avon Cycles Ltd., Ampere Vehicles Pvt Ltd, Tunwal E-Bike India PVT. LTD, NDS Eco Motors Private Limited, Ather Energy Pvt. Ltd., Tork Motors Private Limited, etc. All these companies are well assisted by their key development teams and are strengthening their dealership network to boost their customer reach.

#Hybrid_Electric_Scooter_Assembling, #Hybrid_Electric_Scooter, #Electric_Scooter_Project_Report_Pdf, #Hybrid_Two_Wheeler_PPT, #Hybrid_Electric_Vehicle_(HEV), Two Wheeler Hybrid Vehicle, Hybrid & Electric Scooter, Hybrid Vehicle (Scooter), Electric Scooter Assembly, Electric Scooters in India, #Production_of_Hybrid_Scooter, #How_to_Start_an_Electric_Scooter_Business_in_India? Starting an Electric Scooter Industry, Electric Scooter in India, Electric Scooter Body Manufacture in India, #Production_of_Electric_Vehicles_(Evs), How to Make an Electric Scooter, Starting an Electric Scooter Business, Electric Scooters Industry, Project Report on Hybrid Electric Scooter Assembling Industry, Detailed Project Report on Hybrid Electric Scooter Assembling, #Project_Report_on_Hybrid_Electric_Scooter_Assembling, Pre-Investment Feasibility Study on Hybrid Electric Scooter Assembling, Techno-Economic feasibility study on Hybrid Electric Scooter Assembling, Feasibility report on Hybrid Electric Scooter Assembling, Free Project Profile on Hybrid Electric Scooter Assembling, Project profile on Hybrid Electric Scooter Assembling, Download free project profile on Hybrid Electric Scooter Assembling, Electric Two Wheelers Business Opportunity in India, Electric Scooter Business, Electric Vehicle Industry in India, Hybrid & Electric Vehicle Manufacturing Industry, Manufacturing of Electric Vehicles, Hybrid Electric Vehicles and Electric Vehicles, #Hybrid_Electric_Vehicles_Production, Electric Vehicles (E-Vehicles) Business Opportunity

Information

One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
One Crore is equivalent to ten million (10,000,000)
T.C.I is Total Capital Investment
We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.
Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

And before diversifying/venturing into any product, wish to study the following aspects of the identified product:

• Good Present/Future Demand • Export-Import Market Potential • Raw Material & Manpower Availability • Project Costs and Payback Period

We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project? • What will drive the growth of the product? • What are the costs involved? • What will be the market potential?

The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.

Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product .

• This report provides vital information on the product like its definition, characteristics and segmentation .

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials .

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.

Our Approach:

• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players.

• We use reliable sources of information and databases. And information from such sources is processed by us and included in the report .

Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

Ø Introduction

· Project Introduction

· Project Objective and Strategy

· Concise History of the Product

· Properties

· BIS (Bureau of Indian Standards) Provision & Specification

· Uses & Applications

Ø Market Study and Assessment

· Current Indian Market Scenario

· Present Market Demand and Supply

· Estimated Future Market Demand and Forecast

· Statistics of Import & Export

· Names & Addresses of Existing Units (Present Players)

· Market Opportunity

Ø Raw Material

· List of Raw Materials

· Properties of Raw Materials

· Prescribed Quality of Raw Materials

· List of Suppliers and Manufacturers

Ø Personnel (Manpower) Requirements

· Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

Ø Plant and Machinery

· List of Plant & Machinery

· Miscellaneous Items

· Appliances & Equipments

· Laboratory Equipments & Accessories

· Electrification

· Electric Load & Water

· Maintenance Cost

· Sources of Plant & Machinery (Suppliers and Manufacturers)

Ø Manufacturing Process and Formulations

· Detailed Process of Manufacture with Formulation

· Packaging Required

· Process Flow Sheet Diagram

Ø Infrastructure and Utilities

· Project Location

· Requirement of Land Area

· Rates of the Land

· Built Up Area

· Construction Schedule

· Plant Layout and Requirement of Utilities

Project at a Glance

Along with financial details as under:

Products & Services

Laboratory Trial Based Products
Entrepreneur India Magazine
Career Option
My Account Home
My Shopping Cart

Accepted Payment Methods

Street View

Latest News

Latest Reviews
Car Reviews
Bike Reviews
Upcoming Cars

Tesla Power USA Announces India Business Plans

By Shubham Parashar

1 mins read

Published on December 27, 2021

Tesla Power USA will manufacture and sell electric scooters in India.
It will open over 5000 shops by 2025.
These shops will be equipped with electric scooter charging stations.

Tesla Power USA has is all set to make its foray in the Indian EV space with electric scooters. Now before you folks confuse the company with the prominent electric carmaker - Tesla Inc., let us tell you that Tesla Power USA is a sperate entity altogether. It's essentially a US based battery manufacturer who is now entering into the electric two-wheeler space in our market. Tesla Power will soon launch its electric scooter in India and by 2025 will open 5000 shops across the country which will be equipped with e-scooter charging stations as well.

The EV maker has leased out the production of its upcoming electric scooters to a Ludhiana based manufacturer and has confirmed that around 80 per cent of production will be localised while the remaining 20 per cent parts will be imported from nations India has friendly relations with. The company is also planning to expand the sales of its electric scooters to 15 other countries in 2022 and these scooters will be exported from India itself. Tesla Power USA is first targeting exporting to the Middle East and North Africa (MENA) region.

The company will initially begin operations with 30,000 units monthly and eventually is targeting scaling up to 1 lakh units by 2025. As of now, its has over 200 battery distributors in India and over 250 Tesla power shops across more than 20 states in the country.

Last Updated on December 27, 2021

Explore More

Top 10 Electric Scooter Companies in India 2023 – Sales, Market Share, and Future Prospects

https://e-vehicleinfo.com/top-electric-scooter-companies-in-india/

The surge in the popularity of electric scooters can be attributed to their myriad advantages over conventional petrol or diesel-powered counterparts. Not only do they offer a more economical alternative, particularly amid escalating fuel prices, but they also come with lower maintenance costs and are environmentally friendly. Despite these advantages, electric scooters remain a relatively novel category of vehicles in India.

Now, let’s delve into a compilation of India’s top 10 electric scooter companies in 2023. This writeup focuses on the sales, and market share of the top 10 electric scooter companies in India 2023, and some of their premium upcoming scooters in 2024.

Table of Contents

#1] OLA ELECTRIC

In the exciting world of electric mobility, the story of Ola Electric began in 2017 when its visionary founder, Bhavish Aggarwal, set the wheels in motion. Fast forward to today, and Ola Electric proudly holds the title of India’s top electric two-wheeler maker, with an impressive value of US$5.4 billion . The pinnacle of this journey arrived in 2021 with the launch of the highly praised S1, followed by a fantastic lineup including the Ola S1 Pro 2nd Gen , Ola S1 Air, Ola S1X (2kWh), Ola S1X (3kWh), and Ola S1X+. Additionally, Ola is making strides in artificial intelligence with its innovative tool called Krutrim . This application is India’s pioneering AI creation, designed to assist users with diverse language needs and problem-solving requirements.

Ola scooters are renowned for boasting the best range, top speed, and features in the electric scooter market. While the company does grapple with some post-purchase service challenges, Ola has consistently maintained its position as one of the leading electric scooter companies in India. In 2023, Ola Electric triumphantly secured its leading position in the industry , boasting an impressive annual sales figure of 265,995 units , reaffirming its dominance in the market.

#2] TVS MOTOR

TVS Motors, a renowned Indian multinational in the motor industry, excels in crafting two-wheelers and three-wheelers. Their diverse range includes bikes, scooters, and trikes, catering to customer preferences from basic to high-end. With an extensive network of over 5,000 dealerships and service points, TVS Motors ensures widespread availability and support both nationally and globally. TVS Motors introduced its initial electric scooter, the TVS iQube , in January 2020, and later unveiled the TVS X in August 2023. It is certainly one of the best electric scooter companies in India. TVS Motor Company Limited clinched the second spot in the competitive landscape of 2023, demonstrating robust performance with an annual sales figure of 166,287 units , asserting their strong standing in the market.

#3] ATHER ENERGY

Ather Energy Pvt. Ltd., an Indian startup, is committed to delivering eco-friendly transportation solutions in a market largely filled with petrol and diesel vehicles. Their electric scooters offer outstanding performance and elevate the overall riding experience. Ather Energy also gives considerable importance to building a dependable charging infrastructure to meet India’s rising demand for electric vehicles. The company’s scooters include the Ather 450S, Ather 450X, and Ather 450X Pro. The electric scooters from Ather Energy boast impressive features and specifications, making them a compelling choice for urban commuters and long-distance enthusiasts alike. Ather Energy is also in the works to launch a new electric scooter called Ather 450 Apex and a family scooter next year. Ather Energy secured the third position in 2023, achieving noteworthy success with an annual sales figure of 104,336 units , establishing itself as a formidable player in the market.

#4] BAJAJ AUTO

Bajaj Auto Limited stands as a distinguished company renowned for its exceptional expertise in crafting, producing, and globally distributing a diverse range of two-wheeled vehicles. With a footprint extending across more than 75 countries , Bajaj Auto has firmly positioned itself as a leading manufacturer on the global automotive scene. In a strategic move attuned to the evolving trends in the Indian market, Bajaj Auto has ventured into the burgeoning electric vehicle sector, exemplified by the introduction of the 2023 Bajaj Chetak Premium, and Bajaj Chetak Urbane , effectively aligning itself with the evolving electric market in India. Bajaj Auto clinched the fourth position in 2023, posting a commendable sales figure of 76,627 units, solidifying its presence as a key player in the market.

Bajaj Auto Limited has recently initiated the process of trademarking the name ‘Vector ‘ in India. This move has ignited speculation within the automotive industry, leading to anticipation that the company might be gearing up to introduce a new electric scooter under its esteemed Chetak brand of electric vehicles.

#5] AMPERE EV BY GREAVES

With foresight and passion aimed at revolutionizing everyday mobility, Ampere embarked on its journey in 2008. The company realized a vision for a sustainable future and set in motion a series of events that would ultimately make Eco-Friendly Mobility accessible to everyone. Utilizing optimal research and cutting-edge technology, Ampere is playing a pivotal role in driving India towards Har Gully Electric with its range of electric vehicles. The company remains dedicated to advancing the cause of eco-friendly transportation and contributing to a more sustainable and accessible mobility landscape. The company offers various electric models such as Primus, Zeal EX , and Magnus EX. According to some sources, Zeal EX stands as a popular choice delivering impressive performance. The company announced its foray into the international market in December, launching its first-ever electric scooter showroom in Nepal. Ampere Vehicles Private Limited secured the fifth position in 2023, attaining a notable achievement with an annual sales figure of 67,041 units , further solidifying their standing in the market.

#6] OKINAWA AUTO

Since its establishment in 2015 , Okinawa has swiftly gained popularity among young riders in their quest for electric two-wheelers. The company has positioned itself as a notable player in the electric vehicle market, capturing the attention and preferences of a growing demographic of riders seeking sustainable and innovative mobility solutions. With its headquarters in Gurugram, this brand has secured its position among India’s top 10 two-wheeler brands as of 2023, owing to its dynamic design and impressive performance. Okinawa offers a diverse range of nine models: the OKHI-90 , IPraise+, Praisepro, Ridge 100, Ridge+, Ridge+(GPS), Dual 100, R30, and Lite. In the sixth position for 2023, OKINAWA Autotech Private Limited reported a sales figure of 31,613 units , reflecting their performance within the competitive landscape.

#7] HERO ELECTRIC

HERO ELECTRIC, a prominent market leader in the Indian Electric Two-Wheeler industry, has been at the forefront of Electric Mobility for over a decade. Dedicated to providing eco-friendly 2-wheeler solutions with excellent value, the brand’s mission revolves around “ No Emission” for a ‘Zero Pollution’ transportation future. Ensuring top-notch quality, every product undergoes meticulous testing through 46 stringent checks by dedicated quality engineers before reaching customers. As a socially responsible and environmentally conscious entity, Hero Electric proudly holds the SA 8000 certification , reflecting its commitment to ethical business practices and a sustainable future. Hero Electric offers a range of electric scooters which deliver impressive performance and quality. The electric scooters by Hero Electric are Optima CX 2,0, Optima CX 5.0, Hero Electric Photon LP, Hero Electric Atria LX, and Hero Electric Flash LX. Hero Electric Vehicles Private Limited claimed the seventh position in 2023, reporting sales of 29,800 units, and maintaining a steady presence in the market.

#8] OKAYA EV

With a four-decade legacy, Okaya is a trusted symbol of quality in India, particularly renowned in the battery manufacturing sector. As a pioneering force, Okaya has leveraged its extensive expertise to enter the Electric Mobility sector , offering Electric Vehicles, EV Batteries, Charging, and Battery Swapping solutions. Okaya is committed to environmental responsibility, providing affordable, sustainable, and clean mobility through its range of Zero-emission electric two-wheelers. The company is well-known for its range of electric scooters such as Freedum, Faast F2F, Faast F3, Motofaast, Faast F2B, Class IQ+, Faast FST, Faast F4. Okaya EV is also at the forefront of EV Chargers. The Company plans to set up 2,550 electric vehicle chargers across India in collaboration with Indian Oil Corporation (IOC) at an investment of Rs 125 crore . Securing the eighth position in 2023, Okaya EV reported sales of 15,786 units, indicating their position within the market.

#9] BGAUSS AUTO

#10] hero motorcorp.

Hero MotoCorp, headquartered in New Delhi, is a prominent innovator in the design and development of technologically advanced motorcycles and scooters, with a substantial base of over 100 million satisfied customers globally. Under the leadership of Chairman Dr. Pawan Munjal, the company has expanded its presence to 40 countries, making significant strides in championing socio-economic progress. Aligned with their vision to “Be the Future of Mobility,” Hero MotoCorp introduced VIDA , Powered by Hero, on March 3, 2022. This new brand, emphasizing sustainability, envisions a flourishing and meaningful world for future generations, affirming Hero’s significant role in shaping the future of mobility. Hero MotoCorp launched the Vida V1 Plus and V1 Pro electric scooters in India on October 7, 2022 . Since the launch of the two scooters, users have expressed good reviews about their performance, due to which Vida V1 scooters have maintained their spot in the top 10. In the tenth position for 2023, Hero MotoCorp reported sales of 11,061 units , indicating their market position with this relatively conservative figure.

Electric Two- Wheeler Sales Data April 2024 : Top 10 OEM Performances

Ampere Electric launches its electric scooter Ampere Nexus at Rs 1.10 lakh

Bajaj Auto working on a budget-friendly variant set to launch in May

What is the future of service centers of EV two wheelers

Nothing can best Ather, India’s best e scooter

latest Post

Privacy Overview

JavaScript seems to be disabled in your browser. For the best experience on our site, be sure to turn on Javascript in your browser.

We use cookies to ensure that we give you the best experience. Learn more .

Create an Account

A Scooter for every Indian

Ola S1 Starting at just ₹69,999.

UNBELIEVABLE RANGE. UNBEATABLE PRICE.

190 KM* ON A SINGLE CHARGE. OLA S1 X STARTING AT ₹69,999.

*For S1 X 4 kWh

Unparalleled performance unbeatable price

STARTING AT ₹1,29,999.

Unbelievable range unbeatable price

ONLY AT ₹89,999.

Unmatched features unbeatable price

STARTING AT ₹1,04,999.

INTRODUCING

Industry First

8-YEAR BATTERY WARRANTY

WITH EVERY S1. AT NO EXTRA COST.

Long life. Peak performance. Assured.

Move over Petrol. Switch to the Ola S1.

Pure Power. Peak Performance.

Now with an 8-year Battery Warranty

Starting at

Feature packed. Future packed.

Upgrade to electric with style.

Starting From

Innovation. In everything we do.

Perfect balance of Purity, Simplicity and Functionality.

Pure Power, Acceleration and Range. Enabled by next gen 2-wheeler Platform.

Advanced features for an upgraded riding experience. Enabled by MoveOS.

The All-new Two-wheeler Platform

Efficient. Advanced. Powerful. Future-ready.

Introducing MoveOS 4

Buying an EV is money in the bank.

Don't believe us? Calculate for yourself.

in one year

That’s how much you can save by ditching your petrol two-wheeler for an electric.

Annual Savings

Monthly Savings

*The estimated total monthly cost includes EMI, maintenance, and running expenses calculated for the price of S1 X(2kWh). Based on electricity and fuel prices in Bangalore as of August 2023, with a daily distance of 30 kms.

Breakdown (Monthly)

Maintenance

Running costs

Ola Experience Centres. Because nothing beats a one on one with the S1.

All things new. All things electric.

Introducing The Future Of Motorcycling

Birth of a New Breed of Cars

Images shown are for illustrative purposes only.

Making India the Global EV hub of the world

A hub for manufacturing quality EVs and to build a robust EV supply chain ecosystem.

The images shown is for illustration purposes only.

Futurefactory

Largest integrated and automated E2W manufacturing plant in India.

Gigafactory

A factory that will develop and mass manufacture advanced cell tech.

The images shown is for illustration purposes only.

India's big leap in building the future of energy.

Our Community Drives Us

Bhavish Aggarwal recognized on the inaugural TIME100 Climate List

Ola electric rolls out last year end offers on S1 Air and S1 Pro

Ola End Ice Age, Part 1 event: Bhavish Aggarwal launches EV scooters and unveils motorcycle

Ola Continues To Rule 2-Wheeler EV Space In Nov

Subscribe to learn about our latest news

Best electric scooters you can buy in India right now

Going green without envy

Rising fuel prices and ever-increasing pollution has given us strong reasons to switch to zero-emission vehicles. At the personal level, opting for an electric vehicle will surely ease up the burden on the pocket, though the environmental benefits will take some time to show results.

The federal government has announced various schemes and incentives for both manufacturers and end-users to boost the adoption of electric vehicles.

Revolt RV 300

Bajaj Chetak

Schemes like FAME II not only offers subsidy on the purchase of all types of electric vehicles, it also emphasize the importance of setting up the ecosystem which includes the building charging infrastructure, setting up supply chains and more.

Additionally, the benefits and subsidies offered by the state governments will also help sweeten the deal.

Unlike the early days when there was a push for electric vehicles without any viable option available, we have quite a few vehicles to choose from based on our preference. Here’s a quick list of the best electric two-wheelers in India right now.

Ather 450X

Calling Ather the flagbearer of Indian electric two-wheeler companies won’t be an exaggeration. This EV startup from Bengaluru has gradually spread its wings to more than 25 cities and is expanding its fast-charging grid to all the major cities in the country.

The Ather 450X is among the most striking electric two-wheelers on the streets right now and comes with a sleek yet modern design. The scooter offers a range of 118 km and has three different riding modes. It offers a top speed of 80 Km/hr and has features like a 7-inch touch-friendly LCD dashboard that can help you navigate through the traffic and respond to calls on the phone paired with the scooter.

Get daily insight, inspiration and deals in your inbox

Get the hottest deals available in your inbox plus news, reviews, opinion, analysis and more from the TechRadar team.

The Ather 450X is available at a premium price of Rs. 144,500 and can be tested out at the experience centres in various cities. Interested users can book a test ride via the website.

OLA S1

Ola’s scooters were one of the most hyped and most anticipated vehicle launches of recent time. The fact that the company broke all the records on the day one of the sales of its scooters is enough to tell you the story.

The Ola S1 is available at a price of Rs. 100,000 and offers a range of around 120 km on a single charge. The scooter draws power from an 8.5 kW electric motor coupled with a 3.97 kWh battery pack. The premium version – Ola S1 Pro is priced at Rs. 130,000 and offers a range of 180 km with a top speed of 115 km/h. The scooter is available in 10 different colour options and can be booked via the Ola app or the website. On-road pricing of both the scooters vary based on subsidies offered by the state and central government.

That being said, deliveries seem to be a concern for the company and it has already missed the delivery deadline a few times. Additionally, since the scooters are sold online, people are yet to see the scooter being driven on the road and are slightly sceptical about its real-world performance.

TVS iQube

The fact that traditional vehicle companies have taken a long time to switch to green vehicles is notable as TVS and Bajaj are the only traditional makers in this list of 5. The TVS iQube offers a range of 75 km in a single charge at a top speed of 78kmph.

Design is among its key highlights as the company has ensured that the electric scooter doesn’t look too fancy yet maintains all the modern aesthetics and features like a large TFT dashboard, parking assist features, USB charging port to top-up your phone on the go, LED tail lamps and more.

The scooter benefits from TVS Motors’s nationwide dealer network and can be tested at one of its showrooms in your city. The price of TVS iQube starts at Rs. 90,000.

Revolt RV 300

Revolt RV300 is the odd one in this list of electric two-wheelers since it is the only electric street bike. Offering a range of up to 180 Kms, the Revolt RV300 comes with three driving modes Eco, Normal, and Sports. It goes without saying that the Eco mode offers the best range but the speed is capped at 25 km/h. The sports mode offers a max speed of 65 km/h but with a max range of 80 km in a single charge. The normal mode maxes at 45km/h and 110 km in range.

This electric bike comes with a removable battery that can be replaced by one of the Switch stations that the company is building. The Revolt RV300 comes with a 1.5-kW motor with a 2.7-kW battery pack and has an internet and cloud-connected features like most new-age electric vehicles have. The company recently announced that it is expanding its network to 70 cities in the country and plans to launch an all-Indian Revolt RV1 to replace the RV300 which is currently priced close to Rs. 95,000.

Bajaj Chetak Electric

The name Bajaj Chetak strikes the chords of emotion and nostalgia – something that the company wanted to use when it launched its first electric scooter. The Bajaj Chetak Electric comes in a couple of variants – Urbane and Premium.

The scooter is powered by an IP 67 rated 3 kWh lithium-ion battery that is paired to a 4-kW electric motor and offers a range of 85kms and 95 km in Sports and Eco modes, respectively. The modern avatar of the good old Chetak comes with features like ‘feather touch’ switchgear, full-LED lighting, Bluetooth-enabled LCD instrument cluster, regenerative braking, and an Intelligent Braking Management System.

That said, the scooter is marred by the limited availability and ever-increasing price which has made it the costliest electric two-wheeler in the country today. Launched last year, the Bajaj Chetak Electric is now retailing at Rs. 187,390 in its home state of Maharashtra.

Apart from these, there are a few more electric two-wheelers from Simple Energy, Okinawa, Hero and Ampere electric etc. however, these are yet to be available on a larger scale. That said, will keep updating this list and will add more vehicles in due course of time.

Best gifting ideas for family and friends this Diwali week
This Diwali, convert your house into a Smart Home

Want to know about the latest happenings in tech? Follow TechRadar India on Twitter , Facebook and Instagram !

Jitendra has been working in the Internet Industry for the last 7 years now and has written about a wide range of topics including gadgets, smartphones, reviews, games, software, apps, deep tech, AI, and consumer electronics.

The Polestar 5 could be the first EV with smartphone-like fast charging speeds

Tesla's cheapest ever EV could be in danger as it pulls back from next-gen manufacturing plans

I heard Magico’s big new M7 speakers and now I cannot save $560k quick enough

B2B News & Trends

Business tips and advice
Industry analysis
Marketing and advertising

Top companies

Events and conferences
Industry news and update
Media partnerships
Success Stories
Kompass partners

Top 10 Electric Scooter Manufacturers in India

18 July 2023

Find and contact India's top electric scooter manufacturers using Kompass, the largest B2B directory in India.

By Akshay Parmar

Table of Content

1. Overview of the Electric Scooter Industry in India 2. Top 10 Electric Scooter Manufacturers in India 2.1. Ather Energy Private Limited 2.2. TVS Motor Company Limited 2.3. Hero MotoCorp Limited 2.4. Ola Electric Mobility Private Limited 2.5. Bajaj Auto Limited 2.6. Yamaha Motor India Private Limited 2.7. Suzuki Motorcycle India Limited 2.8. Pure EV Private Limited 2.9. Ampere Vehicles Private Limited 2.10. Okinawa Autotech Private Limited

Overview of the Electric Scooter Industry in India

India’s electric scooter industry is experiencing rapid growth, projected to reach a substantial $13 billion by 2032 with an impressive CAGR of 33.25%. This expansion is driven by rising fuel prices, growing environmental concerns, and supportive government policies. The industry has attracted significant funding from various stages, empowering key players like Ather Energy, Bajaj Auto, and Hero Electric to compete for market share. Buckle up for an electrifying ride as India zooms ahead in the electric scooter revolution!

Ather Energy Private Limited

Ather Energy, a Bangalore-based innovator founded in 2013, is at the forefront of India’s electric scooter revolution. Their sleekly designed 450X Gen3, 450S, and Apex models offer a compelling blend of performance, range (up to 146 km for the 450X Gen3), and smart features, catering to tech-savvy urban riders and environmentally conscious individuals. Beyond their stylish design, Ather focuses on building a connected experience for riders through their robust charging network “Ather Grid,” AI-powered diagnostics, and features like on-board navigation and over-the-air updates. Ather’s commitment to quality, design, and technology integration positions them as a prominent player in India’s rapidly growing electric scooter market.

Website: www.atherenergy.com
Email: [email protected]
Contact Number: +91-7676600900

TVS Motor Company Limited

Founded in India in 1911, TVS Motor Company has risen to become the country’s third-largest two-wheeler manufacturer, initially renowned for its fuel-efficient bikes and later embracing the EV revolution. Now offering electric scooters like the iQube and iQube S introduced in 2021, they cater to urban individuals and businesses seeking sustainable, tech-integrated commutes. Their focus on performance, like the iQube’s 75 km range, extensive connected features like remote diagnostics and geo-fencing, positions them as a strong contender in India’s burgeoning electric scooter market.

Website: www.tvsmotor.com
Email: [email protected]
Contact Number: +91-43-44276780

Hero MotoCorp Limited

Founded in 1984, Hero MotoCorp, India’s leading two-wheeler manufacturer, launched its electric scooter brand, Vida, in 2022. The brand’s first offering, the Vida V1, is a premium scooter that caters to tech-savvy urban commuters. It boasts a 3.44kWh (for V1) or 3.94kWh (for V1 Pro) battery pack, offering a claimed range of 110km (for V1) or 165km (for V1 Pro). The 6kW (V1) or 7kW (V1 Pro) motor provides a top speed of 80kmph. Additionally, the V1 comes with connected features. Hero leverages its extensive experience in the two-wheeler market and its vast service network to ensure a reliable ownership experience for Vida customers. This, coupled with the growing demand for electric vehicles in India, positions Hero as a strong contender in the country’s evolving EV landscape.

Website: www.heromotocorp.com
Email: [email protected]
Contact Number: +91-11-46044200

Ola Electric Mobility Private Limited

Ola Electric Mobility, established in India 2017, is the largest electric two-wheeler manufacturer in the country. Known for its stylish and tech-packed scooters like the S1 and S1 Pro, it caters to individual consumers and other potential segments seeking sustainable urban mobility solutions. Their innovative approach includes in-house battery development and a massive manufacturing facility, positioning them as a key player in India’s electric scooter revolution.

Website: www.olaelectric.com
Email: [email protected]
Contact Number: +91-80-33113311

Bajaj Auto Limited

Bajaj Auto Limited, a leading Indian two-wheeler manufacturer since 1945, is making significant strides in the electric scooter market. Established in 1945, they possess a rich legacy and diverse portfolio catering to various customer segments. While historically known for motorcycles and scooters, Bajaj’s electric offerings specifically target urban professionals and students with their stylish, practical, and range-efficient models. The iconic Chetak EV, a revival of their popular scooter from the past, exemplifies this focus

Website: www.bajajauto.com
Email: [email protected]
Contact Number: +91-7219821111

Yamaha Motor India Private Limited

Yamaha Motor India, established in May 1985, brings its global legacy of high-performance motorcycles and innovative technology to the Indian two-wheeler market. Known for their motorcycles and scooters, they further expanded their electric vehicle offerings with the stylish Neo electric scooter in 2023. Targeting young, tech-savvy individuals, environmentally conscious consumers, and urban commuters, Yamaha leverages its racing heritage, design expertise, and commitment to innovation to offer a premium electric experience. With future plans to expand its electric vehicle portfolio, Yamaha is poised to play a significant role in India’s sustainable mobility future.

Website: www.yamaha-motor-india.com
Email: [email protected]
Contact Number: +91-9220968184

Suzuki Motorcycle India Limited

Suzuki Motorcycle India (SMI), established in 2006, has expanded beyond its diverse motorcycle lineup with the recent launch of the Burgman Electric scooter. This feature-rich e-scooter boasts a stylish design, long range, and Suzuki’s renowned reliability, catering to urban commuters and environmentally conscious individuals. With its entry into the growing electric vehicle market, SMI aims to solidify its position as a leading two-wheeler manufacturer in India.

Website: www.suzukimotorcycle.com
Email: [email protected]
Contact Number: +91-9312645988

Pure EV Private Limited

Founded in India in 2016, Pure EV has quickly carved a niche in the electric scooter market with its stylish, reliable, and eco-friendly rides. Catering to a diverse audience, they offer scooters like the budget-friendly Epluto 7G and the feature-packed ETrance Neo, perfect for urban commuters and delivery fleets alike. Pure EV’s commitment to in-house battery technology and R&D ensures quality and performance, making it a strong contender among India’s top electric scooter manufacturers. Recently, they’ve expanded their offerings with the launch of the ETrance+ scooter, further solidifying their position in the market.

Website: www.pureev.com
Email: [email protected]
Contact Number: +91-9321734932

Ampere Vehicles Private Limited

Ampere, a Greaves Cotton subsidiary, has been a pioneer in India’s electric mobility space since 2008. They offer a wide range of electric scooters, catering to individuals, businesses, and fleets. Their popular models, like the Magnus EX and Primus, are known for their affordability, robust design, and efficient performance. This has made Ampere a respected manufacturer in the Indian electric scooter market, contributing to the country’s transition towards cleaner and sustainable transportation.

Website: ampere.greaveselectricmobility.com
Email: [email protected]
Contact Number: +91-9867006006

Okinawa Autotech Private Limited

India’s Okinawa Autotech, established in 2015, leads the charge in stylish, high-speed electric scooters. From the long-range Praise to the feature-rich Okhi-90 with its swappable batteries and app connectivity, they cater to both individuals and eco-conscious businesses like government departments and corporations. Their focus on innovation, affordability, and user-friendly features has earned them over 250,000 loyal customers and a spot among India’s top electric scooter manufacturers.

Website: www.okinawascooters.com
Email: [email protected]
Contact Number: 1800-419-2224
Kompass Directory: Your Global Partner for B2B Trade
Download Our Free Excel Sheet: Top 10 Electric Scooter Companies in India
Find and Connect with Indian Electric Scooter Companies with Kompass Directory

Top 10 Aluminium Foil Manufacturers in India

By Akshay Parmar | 5 min read

Top 10 Sheet Metal Fabricators in India

Top 10 Oil and Gas Companies in India

By Akshay Parmar | 6 min read

Comentarios

No Comments

Search for the insights you need

Keep reading

Data Integration
Email Marketing
International Public Tenders
International Trade Services
Lead Generation
Agriculture & Food
Business Services
Chemicals - Pharmaceuticals - Plastics
Construction
Education - Training - Organisations
Electrical - Electronics - Optical
Energy - Environment
IT - Internet - R&D
Leisure & Tourism
Metals - Machinery - Engineering
Paper - Printing - Publishing
Retail & Traders
Textiles - Clothing - Leather - Watchmaking - Jewellery
Transport & Logistics

Are you going global?

Looking for suppliers?

Need leads?

Want to promote your products?

Select your Country to contact us

Kompass International

Kompass International, your preferred business development partners since 1947. Kompass International develops Smart Marketing and Sales implementation solutions and leverages on a network of 500 people deeply rooted in more than 65 countries.

Kompass India Information Private Limited

1B/403, Patliputra Nagar, Oshiwara, Jogeshwari (West), Mumbai 400102.

Need suppliers?

Want to promote your products and position your brand?

Our products & services

General terms & conditions Specific terms and conditions Terms of use General policy of personal data use Cookies policy Design and development: ttandem.com

Starting Up
Growing a Business
Inspiration
For Subscribers
Write for Entrepreneur
Entrepreneur Store
United States
Asia Pacific
Middle East
South Africa

Greaves Electric Mobility Launches Family E-Scooter Entirely designed, developed, and manufactured in India, boasting Best in Class technology and features Achieved four iconic records during the expedition from Kashmir to Kanyakumari.

By Entrepreneur Staff • Apr 30, 2024

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Greaves Electric Mobility Private Limited (GEMPL), the e-mobility arm of Greaves Cotton Limited, today introduces its first high-performance family electric scooter, the Ampere Nexus.

Boasting a 3 kWh safest LFP battery with 30 per cent extra battery life and a powerful mid-mount drive, this e-scooter delivers a seamless riding experience with its 4 kW peak motor power.

With five versatile riding modes, front disc brakes and an IP67 rating, riders can effortlessly navigate all terrains and climates, including flooded conditions, validated by this scooter's iconic pre-launch ride covering 10,000 km from Kashmir to Kanyakumari.

The Ampere Nexus ensures both performance and efficiency by offering impressive speed in Power mode, along with more comfort-focused multiple city modes and reverse mode. Plus, with a remarkable CMVR-certified range of 136 km per charge, riders can explore more without worrying about recharging frequently.

K. Vijaya Kumar, Executive Director & CEO of Greaves Electric Mobility Private Limited, said , "The launch of Ampere Nexus high-speed electric scooter marks a momentous achievement in our commitment to sustainable transportation. This transition from leisurely to urban to high-speed models signifies a pivotal moment in our journey. With each stride forward in democratising e-mobility, we progress toward a more inclusive, sustainable future. The Ampere Nexus stands ready for those ready to Take Charge of their daily aspirations."

The scooter became the first electric scooter capable of towing a pickup truck weighing 1860 kg and an additional 140 kg from two passengers, covering two kilometres.

Entrepreneur Staff

Most Popular Red Arrow

5 venture capitalists who recently closed their funds.

Here are the India-focused VCs that announced the closing of their funds.

It's the End of the Entrepreneurial Era As We Know It

With the rise of advanced technologies and AI, are we losing all sense of the independent business person and entrepreneur?

Packaged Food Startup Go DESi Secures INR 41 Cr Funding Led by Aavishkaar Capital

The Bengaluru-based startup aims to deploy the raised funds for business expansion geographically, deepen SKU presence, and build and strengthen capacity.

BluSmart Hints At Going Global With Electric Cabs

BluSmart's journey underscores its leadership in driving EV adoption and infrastructure development in India, setting a precedent for sustainable mobility solutions worldwide.

Winvesta: Cross-border Financial Enabler

Incorporated in London in August 2019 by Swastik and Prateek Jain, Winvesta aims to make global banking and investments accessible to every Indian.

GenAI Could Accelerate Bank Performance in Next 3 Years: Accenture Report

Every role in every bank is likely to benefit in some way from generative AI, it states

Successfully copied link

The Best Electric Scooter for Commercial Use in India

In the bustling and congested streets of Indian cities, where traffic jams are a common sight, the need for commercial and sustainable transportation vehicles becomes highly essential. On similar grounds, rising pollution is another concern with regular commercial commuting in India. That’s exactly why we need an eco-friendly and high-performing commercial electric scooter in the country.

Electric scooters have achieved tremendous popularity and adoption across the nation. Using environmentally friendly electric scooters by businesses and individuals is going to be very helpful for everyone in terms of economical and convenient alternatives. Let’s explore more details on the electric scooter for commercial use and worthy options based on reliability, performance, and suitability for commercial use.

Key Considerations for Commercial Electric Scooters in India

The following factors play a vital role in selecting the best electric scooter for commercial use in India:

#1. Better Range and Performance:

Commercial business operations require individuals to travel extensively throughout the day. Hence, choosing the ideal electric scooter with sufficient range and performance is the best way to ensure uninterrupted operations or deliveries.

#2. High-end Durability:

Usually, commercial vehicles in India have to face rigorous usage while carrying heavy loads throughout the day. Further frequent starts and stops on the road because uneven streets and roads are another challenge. All these concerns make it essential to choose an electric scooter for load carrying that comes with built-in durability and robustness.

#3. Speed and Acceleration:

Maintaining the ideal pace is quite common with all commercial vehicles in India. The electric scooter should be designed with essential parameters in mind, including quick acceleration and decent top speed, to ensure efficient commutation and timely deliveries.

#4. Payload Capacity:

The electric scooter for commercial use in India must be capable of carrying variable weighing loads without impacting performance or safety parameters.

#5. Maintenance and After-Sales Support

Opt for commercial electric scooter manufacturers in India offering top-class after-sales service or readily available spare parts. It plays a great role in minimizing downtime and ensuring operational support as well.

Introducing SES Electric’s Tuff and Tuff Plus

SES Electric, one of the leading manufacturers of electric scooters and vehicles, understands and addresses the rising need of the market with its Tuff and Tuff Plus electric scooters for commercial use. Let’s explore more about how these models are helpful and what sets them apart from other vehicles.

Tuff Electric Scooter by SES Electric

a) Range: With a range of up to 80 kilometers in one go, Tuff electric scooters make sure that people dealing with commercial driving can cover enough distance in a single charge.

b) Durability: This commercial electric scooter is designed to handle the wear and tear of regular usage. With a sturdy body and precise design, this scooter comes with top-notch durability standards.

c) Speed and acceleration: The powerful and heavy motor of the Tuff commercial electric scooter offers great speed and acceleration. It allows commercial operators to pass through bustling traffic with ease.

d) Payload Capacity: With a payload capacity of 150 kilograms (excluding riders), the Tuff electric scooter can handle a sufficient amount of load. It makes this electric two-wheeler ideal for various commercial applications.

e) Maintenance and After-Sales Support: SES Electric is renowned for top-class customer satisfaction and after-sales support to ensure the best commercial transportation experience. The company even provides readily available spare parts to minimize downtime in commutation.

Tuff Plus Electric Scooter by SES Electric

a) Range: If you’re looking for a high-speed and sturdy electric scooter for commercial use , Tuff Plus electric scooters are the ideal option. Offering an extended range of up to 150 kilometers in one go, Tuff Plus becomes a great choice for day-to-day commercial transportation needs, including deliveries.

b) Durability: Tuff Plus electric scooters offer enhanced durability backed by robust components and a sturdy design.

c) Speed and Acceleration: With a maximum speed range of up to 60 km/h, you can expect very quick acceleration from this electric scooter for load carrying.

d) Payload Capacity: Powered with a payload capacity of around 250 kg, the Tuff Plus EV loader is designed to handle heavier loads with performance ease.

e) Maintenance and After-Sales Support: You can expect the same level of comprehensive commitment, after-sales support, and customer satisfaction from SES Electric.

Wrap Up

Hence, both Tuff and Tuff Plus commercial electric scooters in India are top contenders from SES Electric. These are great options offering unparalleled reliability, performance standards, and suitability for day-to-day commercial applications. Their impressive battery range, high-end durability, and extensive payload capacity are some of the parameters that make the lives of commercial operators much easier.

Whether you need the best electric scooter for loading, delivering, logistics, or any other commercial operations, SES Electric’s cost-effective and eco-friendly transportation solution is your answer. For more information or to book your own Tuff or Tuff Plus EV loader vehicle, contact SES Electric and get a prompt response to your queries.

How electric scooters can save your future?

We are all living in a fast-paced world where time and environmental concerns are two of the most valuable aspects of our lives. With rising concerns about both factors, finding the perfect electric scooter in India has become paramount. These sustainable and energy-saving electric two-wheelers are emerging as a groundbreaking solution to solve commutation, traffic,…

How to get the best Electric Scooter Dealership in Delhi?

In urban areas like Delhi, there has been a huge surge in the demand for electric scooters and vehicles. These eco-friendly modes of transportation have been a proven alternative to traditional gasoline-powered vehicles. With the increasing adoption of these nature-friendly commuting vehicles, more entrepreneurs and business owners are looking forward to the opportunity of getting…

Top Electric Scooter Dealers in Odisha

The electric scooter market in India is on the boom, and that can be easily witnessed over the past few years. Some of the key reasons behind this market surge are the extraordinary features of electric scooters in India, like eco-friendliness, affordability, and convenience. Odisha, a popular Indian state for its rich cultural heritage and…

Electric scooter v/s petrol scooter? which one to choose?

India is witnessing a rising trend of personal vehicle ownership, with the two-wheeler market size reaching a volume of 18 million units in 2022. We prefer to own two-wheelers for our everyday commute as it lessens our dependency on public transport and shortens travel time. A new narrative is unfolding in our two-wheeler market with…

Top 4 Electric Scooters In India

Eco-friendly transportation has become one of the most popular choices among Indian consumers as the demand for it ever increases. Electric scooters provide a cheap and reliable mode of transport with zero emissions. They make an ideal choice for those who want to reduce their carbon footprint as electric scooters prove cost-effective to own and…

3 reasons to choose electric scooter in India

In the next few years, electric transportation will be ruling the Indian roads, drastically changing the transportation landscape of India. Electric scooter manufacturers India observed that this switchover is mainly due to electric scooters’ benefits, such as environmental sustainability and economic efficiency. With global warming accelerating fast and our ecosystem depleting vividly, we should make…

Exploring the Growing World of Electric Scooter Companies in India

Electric scooters have been skyrocketing in popularity across the globe, and India is no exception. As of 2021, over 20 different electric scooter companies operate within India, all striving to innovate and leave their mark on the industry. Some of these leading companies include Ather Energy, Bajaj Auto, and Hero Electric. Each company offers various models, prices, and special features that set them apart in the market. The government of India has also implemented policies to support these electric scooter companies, such as the FAME India scheme and National Electric Mobility Mission Plan (NEMMP), aiming to promote sustainable transportation options in the country. As environmental concerns continue to grow, the demand for electric scooters can only be expected to increase over time, leading to further advancements within the industry.

Start a Fleet

Start a rental fleet with levy scooters, wholesale levy scooters at your online store or shop, retail partners, wholesale levy scooters at your online store or shop, follow and tag us on social, brand ambassador, earn money for referring friends and growing the network, service guides, diy repair tools, videos, and more, interested in working at levy, invest in the levy network, levy locations, find our rental, repair, and store locations, the levy app, download the levy app to find scooters closest to you.

Technical specs for all of our scooters

The levy swappable battery system, spare parts, every spare part you need for your scooter, choose the levy scooter that suits you best, learn more about electric scooter tires, accessories, bags, phone holders, helmets and more.

The everyday electric scooter, perfect for the daily commute.

Start a rental fleet with Levy scooters and software

Our high-end, long range cruiser with double the range of the Levy.

Support Center

Faqs, how-to videos, and quick start guides, shipping app, discounted shipping labels for moving your scooter (or any package)., range calculator, estimate real-world range for any scooter, electric scooter laws, electric scooter laws by state & city, subscriptions, subscribe to a scooter for $70/month, shop locator, find a location to test ride or bring your levy in to get repaired, get in touch with our team, quick-start guide, get started with your levy, returns & warranty, shipping policy, shipping policy us and international.

Laptops & PC
Alternatives
Web Stories
Miscellaneous
Phone Finder
Mobiles Home
Upcoming Mobiles
MediaTek Hub
Amazon Central
AMD Game Zone
Entertainment

10 best electric scooters in India you can buy (January 2024)

Electric scooters in India are available in all shapes and sizes. To help you find the right one, we have compiled a list of the best electric scooters currently available in India. The list comprises e-scooters from both established and new companies. These scooters are not only environmentally friendly but also have lower maintenance and running costs compared to their ICE variants. Moreover, some of the electric scooters, if not all, now match their petrol variants, and with government subsidies from the central and state governments (subject to change), you can further bring the cost down. On that note, here are our top 10 electric scooters.

Table of Contents

Ather Energy 450x Gen 3

In July 2022, Ather Energy updated its flagship electric scooter with the third generation iteration, dubbed the Ather Energy 450x Gen 3. The scooter offers a more powerful electric motor that can produce an equivalent of 8.7 bhp of power and an ARAI-certified riding range of 146 km. Not only this, Ather’s already well-engineered scooter body is now even better-built thanks to an all-aluminium frame. It also gets a new tread profile for the tyres, as well as a new tyre pressure monitoring system accessory. Even its digital dashboard has been upgraded with more RAM to make operations smoother and easier. The Ather 450x Gen 3 is arguably the best electric scooter that you can buy in India. From ride quality to build and overall experience, this is one of the most premium electric scooters on Indian roads right now.

Ather Energy 450x Gen 3 price in India, pros and cons

The Ather electric scooter is selling in India for Rs 1,39,000 (ex-showroom). The pricing may vary depending on the region.

One of the most premium scooters
Good riding range and speed
Best-in-class features
New generation is only an iterative upgrade

Hero Electric Optima CX (dual-battery)

Hero Electric, not to be confused with Hero Motocorp, is still one of the most recognisable names in the EV industry at the moment. Rightfully, the Sohinder Singh Gill-led company is one of the most popular when it comes to electric scooters on Indian roads, and one of the company’s most reliable workhorses is the Hero Electric Optima CX. We particularly recommend the dual-battery model of the scooter, which offers an excellent certified range of 140 km per charge cycle. It also has a detachable battery, which makes it even more convenient as you can charge the battery when at home without needing a mobile charging station, necessarily. The scooter can travel at a peak speed of 45 kmph, thereby being rated as ideal for city commutes. You also get features such as a digital instrument cluster, a USB port for charging your mobile device, and regenerative braking for increasing your riding range.

Hero Electric Optima CX price in India, pros and cons

The EV is priced in Delhi, India at Rs 85,190 (ex-showroom).

Great riding range
Detachable battery for charging
Has all the essential features
Charges slowly
No cruise control

Bajaj Chetak

Bajaj Chetak was one of the most prominent and popular scooter brands in the past, and now the company is reviving it in its electric form. The scooter’s design is an amalgamation of its old heritage and new modern aesthetics, and it looks beautiful. Talking about the specs, it has a range of up to 108km with the battery rated to last for 70,000 kilometres or 7 years. The battery has a quick charging feature that can charge up to 25 percent in only an hour, with a full charge taking 5 hours. Its steel body is built to last and comes with an IP67 water and dust-resistant rating. There’s no doubt it’s a premium scooter, but its price is still too steep.

Bajaj Chetak EV price in India, pros and cons

The Bajaj Chetak starts for Rs 1,21,000 (ex-showroom)

Good durability
Charges fast
Iconic brand
Range limited for the price

Ola S1 Pro Gen2

The Ola S1 Pro Gen2 is the company’s premium electric two-wheeler offering. The vehicle comes with 195km of claimed range on a single charge and can reach top speeds of 120km/h. The Ola S1 Pro can accelerate its way from zero to 40km/h in just 2.6 seconds.

Under the hood is a 4kWh battery pack that can take 6.5 hours to charge using the home charger. Besides that, Ola has set up various Hyperchargers across cities in India that allows riders to quickly top up their Ola S1s. Several key and unique features include Party mode to play music via the scooter’s loudspeakers, Vacation mode, and OTA updates that bring improvements and new functionality to the EV’s MoveOS.

Ola S1 Pro price in India, pros and cons

The Ola S1 Pro Gen2 is priced at Rs 1,47,499 (ex-showroom).

Packed with features
Among the most popular
Many reports of quality issues
Software on infotainment has glitches

Hero Vida V1

Hero Vida V1 price in India, pros and cons

The Vida V1 Plus and V1 Pro come at an ex-showroom price of Rs 1,28,000 and Rs 1,39,000 respectively which includes the FAME II and state subsidy. Additionally, the reservation price is set at Rs 2,499.

Portable battery for charging
All-round robust design
Decent pickup times
Range slightly on the lower side as compared to the competition
Some may not find top speeds adequate

TVS iQube ST

The TVS iQube ST electric scooter stands out for looking more conventional, but that also comes with its own perks. For one, the iQube ST has one of the biggest boot spaces, capable of fitting two full-sized helmets to ensure safety for yourself and your companion. But, that’s not all. The scooter comes with a peak riding range of 145 km in economy mode and 110 km in performance mode. When riding in the latter, the scooter can reach a pretty solid riding speed of 82 kmph, which makes it one of the best-performing electric scooters in the market. You also get a 7-inch touchscreen that offers Amazon Alexa voice assistant integration, music playback via Bluetooth, and even social media notifications on screen, while following all necessary safety measures to prevent you from being distracted. All things considered, the iQube ST from TVS is among the most robust and reliable electric scooters on the market, and it is even available in four colour variants!

TVS iQube ST price in India, pros and cons

The TVS iQube ST comes with a sticker price of Rs 1,09,256 (ex-showroom) in Delhi.

Excellent range
Rich set of features
Four body colours
Looks bulky
Alexa can be patchy

Okinawa Praise Pro

Okinawa is an Indian brand and Praise Pro is one of its leading offerings in the e-bike segment. It has a fibre-based body, alloy wheels, a disk brake on the front, a fairly spacious footbed, a phone charging USB-A port, a digital dashboard, and a powerful electric motor. There is a switch on the right side to toggle between Eco mode and Sport mode. The latter increases the speed. However, if you want to push the speed even further, the Turbo mode.

Stylish design
Ample footbed space
Less accurate speedometer
Not enough seating space for two passengers

Top electric scooters / bikes in India with the maximum range

Ola S1 Pro vs Ather 450X: Which is the fastest electric scooter in India?

10 best electric cars in India to buy right now (October 2023)

Next up on the list is TVS X which is currently India’s most expensive electric two-wheeler. It rocks a robust and futuristic design language that makes it completely distinct from the other electric scooters out there. TVS X comes with an IDC range of 140km that gains power from a 4.4kWh battery unit. The electric motor is capable enough to deliver a peak power of 11kW and 40Nm of torque. Coming to charging, TVS X can go from 0 to 50 percent in just 50 minutes using the add-on 3kW fast charger. On the other hand, the 950W portable charger tops up the scooter in 4 hours and 30 minutes from 0 to 80 percent. Up front, there’s a 10.25-inch HD display that helps the rider view various crucial stats about the vehicle.

TVS X price in India, pros and cons

The TVS X can be purchased for Rs 2,50,000 (ex-showroom).

Distinctive look and design
Good riding range
Great set of features
Pricing is on the higher side
No swappable battery

Ampere Primus

The Ampere Primus is a stylish and sporty-looking electric scooter that has been recently launched in the Indian market. Packed inside the vehicle is a 4 kW motor that helps in achieving top speeds of 77 kmph and can accelerate from 0 to 40 kph in 4.2 seconds. Other than that, the Ampere Primus is powered by a 3kWh battery that is claimed to provide a range of 107km in Power mode on a single charge. Riding modes include City and Eco. The battery can take up to 5 hours to charge using a 5A outlet. Lastly, Ampere packs in a digital instrument cluster, reverse mode, Bluetooth connectivity, and more.

Ampere Primus price in India, pros and cons

The Ampere Primus has been priced at Rs 1,10,000 (ex-showroom) in India

Reverse mode
Modern and flashy looks
Slow charging speeds

The Ola S1X+, the highest-end model in the S1X series was recently launched by the company during its annual event. The electric two-wheeler comes with an ARAI range of 151km along with top speeds of up to 90 kmph. Speaking of speeds, S1X+ can accelerate to 60 kmph from a standstill position in 5.5 seconds. Packed inside is a 3kWh battery pack that can take 7.4 hours to charge using a 500W charger. Riders can get the most out of the range by switching between various driving modes which include Eco, Normal, and Sports. Coming to features, the scooter has a 5-inch LCD-based instrumental cluster that can used to access features of Ola’s proprietary software, MoveOS.

Ola S1X+ price in India, pros and cons

The Ola S1X+ can be purchased for Rs 1,09,999 (ex-showroom) and the deliveries will begin by the end of September 2023.

One of the most affordable EVs
Multiple variants to choose from
Charging speeds are on the higher side

Best electric scooters in India with price

There are several types of electric scooters available in India, including some, which don’t even require you to have a license to drive . In this list, we have covered electric scooters that can handle the daily needs of an average scooter user in India.

Who should buy an electric scooter?

While an electric scooter has numerous benefits, it isn’t for everyone just yet. Buy an electric scooter

If you have short-distance commutes
Parking space to charge your electric scooter
Speed isn’t a priority

Are electric scooters suitable for long rides?

If you plan on commuting on your electric scooter to cover long distances, ensure it has a decent range on a single range. Considering the EV infrastructure is still in its development stage in India, you may not get a charging station on your journey which can be a bit problematic. Look for EV scooters that have a claimed range of at least 120km for long rides.

What is the maximum speed of electric scooters in India?

Most electronic scooters in India have top speeds of not more than 100km/h. However, scooters like the Ola S1 Pro Gen2 can touch speeds of 120km/h.

How can I choose the best electric scooter in India?

To choose the best electric scooter, ensure that the vehicle you’re opting for has a large enough battery that can deliver decent range aka mileage. Similarly, check for the additional features you’re getting with the two-wheeler such as app connectivity, reverse mode, fast charging support, and navigation assist.

What are the latest subsidies you get on EVs in India?

Electric scooter guide 2022: 15 things to look for before buying an e-scooter in India

Electric scooters are catching fire due to imported battery packs, says Ather CEO

Yamaha EMF electric scooter launch with swappable battery and 100kmph speed: features and price

Second Ather manufacturing plant to ramp up production of 450 Plus and 450X electric scooters

Latest reviews.

OPPO Find X7 Ultra review: one of the best flagships that you can’t buy

HyperX Cirro Buds Pro review: no-frills wireless earbuds for gamers

Realme Narzo 70x review: an affordable contender with respectable performance

How to watch India vs Australia U19 World Cup Final live streaming and live telecast

How to watch Manchester City vs Inter Milan UEFA Champions league 2022-23 Final live streaming and telecast in India

How to watch India vs Australia WTC 2023 final live streaming and telecast in India

One Piece filler list: all episodes and arcs you can skip in 2024

Upcoming Amazon Prime Video shows and movies releasing in 2024

Top 20 South Indian movies 2023 on OTT: 2018, Ponniyin Selvan 2, and more

Popular category.

Features 3332
Reviews 1696
Editorial Policy
Visitor Agreement
Terms & Conditions
Mobile Recharge

Amazon Great Summer Sale: Best deals on gaming laptops

Best rugged smartwatches to buy across different price ranges in India

Create an account

Create a free IEA account to download our reports or subcribe to a paid service.

Executive summary

Electric car sales
Electric car availability and affordability
Electric two- and three-wheelers
Electric light commercial vehicles
Electric truck and bus sales
Electric heavy-duty vehicle model availability
Charging for electric light-duty vehicles
Charging for electric heavy-duty vehicles
Battery supply and demand
Battery prices
Electric vehicle company strategy and market competition
Electric vehicle and battery start-ups
Vehicle outlook by mode
Vehicle outlook by region
The industry outlook
Light-duty vehicle charging
Heavy-duty vehicle charging
Battery demand
Electricity demand
Oil displacement
Well-to-wheel greenhouse gas emissions
Lifecycle impacts of electric cars

Cite report

IEA (2024), Global EV Outlook 2024 , IEA, Paris https://www.iea.org/reports/global-ev-outlook-2024, Licence: CC BY 4.0

Share this report

Share on Twitter Twitter
Share on Facebook Facebook
Share on LinkedIn LinkedIn
Share on Email Email
Share on Print Print

Report options

Growth in electric car sales remains robust as major markets progress and emerging economies ramp up.

Electric car sales keep rising and could reach around 17 million in 2024, accounting for more than one in five cars sold worldwide. Electric cars continue to make progress towards becoming a mass-market product in a larger number of countries. Tight margins, volatile battery metal prices, high inflation, and the phase-out of purchase incentives in some countries have sparked concerns about the industry’s pace of growth, but global sales data remain strong. In the first quarter of 2024, electric car sales grew by around 25% compared with the first quarter of 2023, similar to the year-on-year growth seen in the same period in 2022. In 2024, the market share of electric cars could reach up to 45% in China, 25% in Europe and over 11% in the United States, underpinned by competition among manufacturers, falling battery and car prices, and ongoing policy support.

Quarterly electric car sales by region, 2021-2024

Growth expectations for 2024 build on a record year: in 2023, global sales of electric cars neared 14 million, reaching 18% of all cars sold. This is up from 14% in 2022. Electric car sales in 2023 were 3.5 million higher than in 2022, a 35% year-on-year increase. This indicates robust growth even as many major markets enter a new phase, with uptake shifting from early adopters to the mass market. Over 250 000 electric cars were sold every week last year, more than the number sold in a year just a decade ago. Chinese carmakers produced more than half of all electric cars sold worldwide in 2023, despite accounting for just 10% of global sales of cars with internal combustion engines.

The pace at which electric car sales pick up in emerging and developing economies outside China will determine their global success. The vast majority of electric car sales in 2023 were in China (60%), Europe (25%) and the United States (10%). By comparison, these regions accounted for around 65% of total car sales worldwide, showing that sales of electric models remain more geographically concentrated than those of conventional ones. While electric car sales in emerging economies have been lagging those in the three big markets, growth picked up in 2023 in countries such as Viet Nam (around 15% of all cars sold) and Thailand (10%). In emerging economies with large car markets, shares are still relatively low, but several factors point to further growth. Policy measures such as purchase subsidies and incentives for electric vehicle (EV) and battery manufacturing are playing a key role. In India (where electric cars have a 2% market share), the Production Linked Incentives (PLI) Scheme is supporting domestic manufacturing. In Brazil (3% share), Indonesia, Malaysia (2% share each), and Thailand, cheaper models, mainly from Chinese brands, are underpinning uptake. In Mexico, EV supply chains are rapidly developing, stimulated by access to subsidies from the US Inflation Reduction Act (IRA).

Policy support is boosting industry investment, building confidence that rapid electrification will continue

Every other car sold globally in 2035 is set to be electric based on today’s energy, climate and industrial policy settings , as reflected in the IEA’s Stated Policies Scenario. This has significant impacts on the car fleet. As soon as 2030, almost one in three cars on the roads in China is electric in this scenario, and almost one in five in both the United States and European Union. The rapid uptake of EVs of all types – cars, vans, trucks, buses and two/three-wheelers – avoids 6 million barrels per day (mb/d) of oil demand in the Stated Policies Scenario in 2030, and over 10 mb/d in 2035. This is equivalent to the amount of oil used for road transport in the United States today. Recent policy developments continue to reinforce expectations for swift electrification, such as new emissions standards adopted in Canada, the European Union and the United States over the past year. Industrial incentives – such as those in the US IRA, the EU Net Zero Industry Act, China’s 14th Five-Year Plan, and India’s PLI scheme – also encourage adding value and creating jobs across EV supply chains in those economies. If all the national energy and climate targets made by governments are met in full and on time, as in the Announced Pledges Scenario, two-thirds of all vehicles sold in 2035 could be electric, avoiding around 12 mb/d of oil.

Expectations of strong growth are bolstering investment in the EV supply chain. Recent reporting shows that from 2022 to 2023, investment announcements in EV and battery manufacturing totalled almost USD 500 billion, of which around 40% has been committed. Over 20 major car manufacturers, representing more than 90% of global car sales in 2023, have set electrification targets. Taking the targets of all the largest automakers together, more than 40 million electric cars could be sold in 2030, which would meet the level of deployment projected under today’s policy settings.

Enough battery manufacturing capacity has reached a final investment decision to deliver on announced pledges from automakers and governments globally. Thanks to high levels of investment in the past 5 years, global EV battery manufacturing capacity far exceeded demand in 2023, at around 2.2 terawatt-hours and 750 gigawatt-hours, respectively. Demand is likely to grow quickly: up seven times by 2035 compared with 2023 in the Stated Policies Scenario, nine times in the Announced Pledges Scenario, and 12 times in the Net Zero Emissions by 2050 Scenario, which lays out a pathway to reach net zero energy sector emissions by mid-century. Manufacturing capacity appears capable of keeping pace with demand: committed and existing battery manufacturing capacity alone are practically aligned with the needs in a net zero pathway in 2030. Such prospects are opening significant opportunities across the supply chain for battery and mining companies, including in emerging markets outside China, although surplus capacity has been hurting margins and may lead to further market consolidation.

The pace of the transition to electric vehicles hinges on their affordability

Electric cars are getting cheaper as competition intensifies, particularly in China, but they remain more expensive than cars with internal combustion engines in other markets. A rapid transition to EVs will require bringing to market more affordable models. In China, we estimate that more than 60% of electric cars sold in 2023 were already cheaper than their average combustion engine equivalent. However, electric cars remain 10% to 50% more expensive than combustion engine equivalents in Europe and the United States, depending on the country and car segment. In 2023, two-thirds of available electric models globally were large cars, pick-up trucks or sports utility vehicles, pushing up average prices. When exactly price parity is reached is subject to a range of market variables, but current trends suggest that it could be reached by 2030 in major EV markets outside China for most models.

Price gap between the sales-weighted average price of conventional and electric cars in selected countries, before subsidy, by size, in 2018 and 2022

The pricing strategies of car manufacturers will be crucial for improving affordability, as will the pace of EV battery price decline. Turmoil in battery metal markets in 2022 led to the first price increase for lithium-ion packs, which became 7% more expensive than in 2021. In 2023, however, the prices of the key metals used to make batteries dropped, leading to a near-14% fall in pack prices year-on-year. China still supplies the cheapest batteries, but prices across regions are converging as batteries become a globalised commodity. Lithium-iron-phosphate batteries – which are significantly cheaper than those based on lithium, nickel, manganese and cobalt oxide – accounted for over 40% of global EV sales by capacity in 2023, more than double their share in 2020. Looking ahead, technological innovation will remain important for scaling up novel designs and chemistries such as sodium-ion batteries, which could cost as much as 20% less than lithium-based batteries without requiring any lithium.

In developing economies outside China, more affordable electric car models are arriving, and the future of electric two- and three-wheelers already looks bright. In 2023, 55% to 95% of the electric car sales across major emerging and developing economies were large models that are unaffordable for the average consumer, hindering mass-market uptake. However, smaller and much more affordable models launched in 2022 and 2023 have quickly become bestsellers, especially those by Chinese carmakers expanding overseas. Affordable electric two- and three-wheelers are also already available, helping deliver immediate benefits such as improved air quality and emissions reductions. Around 1.3 million electric two-wheelers were sold in India and Southeast Asia in 2023, accounting for 5% and 3% of total sales, respectively. One in five three-wheelers sold globally in 2023 was electric, and nearly 60% of those sold in India, boosted by the Faster Adoption and Manufacturing of Electric Vehicles (FAME II) subsidy scheme.

As electric vehicle markets mature, second-hand electric cars will become more widely available . In 2023, the market size for used electric cars was around 800 000 in China, 400 000 in the United States, and over 450 000 across France, Germany, Italy, Spain, the Netherlands and the United Kingdom. The prices of used electric cars are falling quickly and becoming competitive with combustion engine equivalents. Looking ahead, international trade of used electric cars is also expected to increase, including to emerging and developing economies outside of China.

The battery recycling industry is getting ready for the 2030s. Recycling and reuse are needed for supply chain sustainability and security. Many technology developers are seeking to position themselves in EV end-of-life markets, but planned locations do not always align with where EV retirement may occur. Global battery recycling capacity reached 300 gigawatt-hours in 2023. If all announced projects materialise, it could exceed 1 500 gigawatt-hours in 2030, of which 70% would be in China. Globally, announced recycling capacity is more than three times the supply of batteries that could potentially be recycled in 2030, as EVs reach their end of life in the Announced Pledges Scenario. However, EV battery retirement is expected to grow rapidly from the second half of the 2030s.

The roll-out of public charging needs to keep pace with EV sales

The global number of installed public charging points was up 40% in 2023 relative to 2022, and growth for fast chargers outpaced that of slower ones . In major EV markets, the deployment of charging points is continuing apace thanks to targeted policies. Broad, affordable access to public charging infrastructure will be needed for a mass-market switch to electric transport and to enable longer journeys – even if most charging continues to take place privately in residential and workplace settings. To reach EV deployment levels in the Announced Policies Scenario, public charging needs to increase sixfold by 2035.

As more electric heavy-duty vehicles such as trucks and large buses hit the road, dedicated and flexible charging is needed. In 2023, electric buses accounted for 3% of total bus sales. Electric truck sales jumped 35% compared with 2022, accounting for about 3% of truck sales in China and 1.5% in Europe. Under today’s policy settings, the stock of electric buses increases sevenfold by 2035 and that of electric trucks around thirtyfold, supported by tougher emissions standards in the United States and European Union. This level of deployment could require a twentyfold jump in charging capacity by 2035 – not only in depots, but also along main transit routes to enable long-distance trucking. Increasing heavy-duty charging has important implications for expanding and operating electrical grids, with opportunities for greater flexibility and renewables integration. Policy support, careful planning and co-ordination will be essential to ensure a secure, affordable and low-emissions supply of electricity with limited strain on local grids.

Subscription successful

Thank you for subscribing. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter.

10 Best Electric Scooters In India For Eco-Friendly Commutes

As the world shifts towards cleaner and more sustainable transportation options, electric scooters have become a popular choice for daily commuting in India. With an array of electric scooters from both established and new companies flooding the market, it can be challenging to choose the right one for your needs. These eco-friendly alternatives not only reduce your carbon footprint but also promise lower maintenance and operating costs when compared to traditional internal combustion engine (ICE) scooters. Additionally, with government subsidies available at both the central and state levels, the cost of owning an electric scooter becomes even more affordable. In this comprehensive guide, we present the top 10 electric scooters available in India, suitable for various budgets and preferences.

1. Ather Energy 450x Gen 3

Ather Energy unveiled the third generation of its flagship electric scooter, the Ather Energy 450x Gen 3, in July 2022. This model boasts a more powerful electric motor, generating an impressive 8.7 bhp of power, and offers an ARAI-certified riding range of 146 km. Ather has further improved its already well-engineered scooter with an all-aluminum frame, new tread profile for the tires, and a tire pressure monitoring system accessory. With enhanced features, build quality, and ride experience, the Ather 450x Gen 3 stands as one of the most premium electric scooters on Indian roads.

The Ather 450x Gen 3 is available in India at a starting price of Rs 1,39,000 (ex-showroom).

One of the most premium electric scooters
Impressive riding range and speed
Best-in-class features
New generation is an iterative upgrade
Considered relatively expensive

2. Hero Electric Optima CX (Dual-battery)

Hero Electric, a renowned name in the EV industry, offers the Hero Electric Optima CX, a reliable and popular electric scooter. The dual-battery model of this scooter is particularly recommended for its excellent certified range of 140 km per charge cycle. With a detachable battery, it's convenient to charge at home without needing a dedicated charging station. The scooter can reach a peak speed of 45 kmph, making it ideal for city commutes. It also includes features like a digital instrument cluster, a USB port for mobile device charging, and regenerative braking to extend the riding range.

The Hero Electric Optima CX is priced at Rs 85,190 (ex-showroom) in Delhi, India.

Impressive riding range
Detachable battery for easy charging
Equipped with essential features
Charging speed is relatively slow
No cruise control feature

3. Bajaj Chetak

Bajaj Chetak, a legendary scooter brand, has made a comeback in its electric avatar, combining the aesthetics of its heritage with modern design. With a range of up to 108 km and a battery rated to last 70,000 kilometers or 7 years, the Chetak offers durability. Its battery features quick charging, reaching 25 percent in just an hour, with a full charge taking 5 hours. The steel body is built to last and comes with an IP67 water and dust-resistant rating. While it's a premium scooter, the price remains relatively high.

The Bajaj Chetak starts at a price of Rs 1,21,000 (ex-showroom).

Good durability
Fast charging capability
Iconic brand
Relatively high price for the range offered

4. Ola S1 Pro Gen2

The Ola S1 Pro Gen2 represents Ola's premium electric two-wheeler offering. With a claimed range of 195 km on a single charge and a top speed of 120 km/h, it's a high-performance electric scooter. It can accelerate from zero to 40 km/h in just 2.6 seconds. The scooter is equipped with a 4kWh battery pack, which can be charged in 6.5 hours using the home charger. Notably, Ola has established Hyperchargers across Indian cities for quick top-ups. Unique features include Party mode, Vacation mode, and OTA updates, enhancing the overall user experience.

The Ola S1 Pro Gen2 is priced at Rs 1,47,499 (ex-showroom).

Impressive range
Packed with features
Among the most popular electric scooters
Reports of quality issues
Software glitches in the infotainment system

5. Hero Vida V1

Hero Motocorp's sub-brand, Vida, recently launched its first electric scooter, the Vida V1. It is available in two variants: Vida V1 Plus and Vida V1 Pro. Both variants offer a top speed of 80 kmph, with the V1 Pro accelerating from 0 to 40 kmph in 3.2 seconds and the V1 Plus in 3.4 seconds. The electric scooters deliver a range of 163 km and 143 km for V1 Pro and V1 Plus, respectively. Both models feature a portable battery pack that can be charged from 0 to 80 percent in less than 65 minutes. The scooters come with smart features such as parking assistance, location navigation, riding modes, trip analytics, and a 7-inch touch display.

The Vida V1 Plus and V1 Pro are priced at Rs 1,28,000 and Rs 1,39,000, respectively (ex-showroom), which includes the FAME II and state subsidy. Additionally, the reservation price is set at Rs 2,499.

Portable battery for convenient charging
Stylish and robust design
Decent acceleration times
Range slightly lower compared to some competitors
Some riders may find top speeds inadequate

6. TVS iQube ST

The TVS iQube ST electric scooter stands out for its conventional appearance, offering one of the largest boot spaces capable of accommodating two full-sized helmets. In economy mode, it provides a peak riding range of 145 km, and in performance mode, it reaches 110 km. Riding in performance mode allows the scooter to achieve a maximum speed of 82 kmph, making it one of the best-performing electric scooters in the market. The scooter includes a 7-inch touchscreen with features like Amazon Alexa voice assistant integration, music playback via Bluetooth, and social media notifications while ensuring safety measures to prevent distractions. The iQube ST from TVS is renowned for its reliability and is available in four color variants.

The TVS iQube ST is priced at Rs 1,09,256 (ex-showroom) in Delhi.

Excellent riding range
Rich set of features
Available in four body colors

Bulky appearance

Alexa integration may have occasional issues

7. Bounce Infinity E1

Bounce Infinity E1 offers an interesting sales model, allowing customers to acquire the scooter at a more affordable price through the Battery-as-a-service (BAAS) plans. These plans come with a monthly subscription cost starting at Rs 849 and offer a swappable battery option at Rs 35 per swap, reducing the effective cost per kilometer to Rs 0.65. The scooter boasts a single-charge range of up to 85 km and a top speed of 65 kmph. It features three driving modes: Drag, Eco, and Power, and comes with a 2kWhr 48V battery pack that is IP 67 rated and can be swapped out and charged anywhere. Additionally, it supports regenerative braking for energy recovery and features 12-inch tubeless tires with disc brakes and CBS.

The Bounce Infinity E1 is available in India at Rs 68,999 (with battery) and Rs 36,099 (without battery) as ex-showroom prices.

Cost-effective with swappable battery
Regenerative braking system
Affordable subscription plans
Relatively lower range
Battery capacity might be insufficient for some riders

TVS X is currently the most expensive electric two-wheeler in India, featuring a distinctive and futuristic design. It offers an impressive IDC range of 140 km powered by a 4.4kWh battery unit. The electric motor delivers a peak power of 11kW and 40Nm of torque. Charging options include a 3kW fast charger that can take the scooter from 0 to 50 percent in just 50 minutes, as well as a 950W portable charger that tops up the scooter from 0 to 80 percent in 4 hours and 30 minutes. The 10.25-inch HD display provides essential vehicle information to the rider.

The TVS X is available for purchase at Rs 2,50,000 (ex-showroom).

Distinctive design and appearance
Comprehensive set of features
Higher pricing compared to other models
No swappable battery option

9. Ampere Primus

The Ampere Primus is a stylish and sporty-looking electric scooter recently launched in the Indian market. It is equipped with a 4 kW motor that enables top speeds of 77 kmph and acceleration from 0 to 40 kmph in 4.2 seconds. The scooter is powered by a 3kWh battery, offering a range of 107 km in Power mode on a single charge. Riding modes include City and Eco. Charging the battery using a 5A outlet takes up to 5 hours. The Ampere Primus features a digital instrument cluster, reverse mode, Bluetooth connectivity, and more.

The Ampere Primus is priced at Rs 1,10,000 (ex-showroom) in India.

Reverse mode for added convenience
Modern and sporty design
Slower charging speeds

10. Ola S1X+

The Ola S1X+ is the highest-end model in the S1X series, recently launched by Ola during its annual event. This electric two-wheeler offers an ARAI range of 151 km and top speeds of up to 90 kmph. It can accelerate from a standstill position to 60 kmph in 5.5 seconds. The scooter is equipped with a 3kWh battery pack that takes 7.4 hours to charge using a 500W charger. Riders can switch between various driving modes, including Eco, Normal, and Sports. The scooter features a 5-inch LCD-based instrumental cluster, providing access to Ola's proprietary software, MoveOS.

The Ola S1X+ is available for purchase at Rs 1,09,999 (ex-showroom), with deliveries starting by the end of September 2023.

Affordable pricing for an electric vehicle
Multiple variants to choose from
Charging speeds are relatively longer

The Indian market offers a diverse range of electric scooters to cater to the needs and preferences of different customers. As the EV industry continues to grow, these options will only expand, providing more choices for eco-conscious commuters. Consider your daily commuting requirements, budget, and desired features when selecting the best electric scooter for your needs. With the government's support and a growing charging infrastructure, electric scooters are becoming a viable and sustainable mode of transportation in India.

Business Today
India Today
India Today Gaming
Cosmopolitan
Harper's Bazaar
Brides Today
Aajtak Campus

Magazine Cover Story Editor's Note Deep Dive Interview The Buzz
BT TV Market Today Easynomics Drive Today BT Explainer
Market Today Trending Stocks Indices Stocks List Stocks News Share Market News IPO Corner
Tech Today Unbox Today Authen Tech Tech Deck Tech Shorts
Money Today Tax Investment Insurance Tools & Calculator
Mutual Funds
Industry Banking IT Auto Energy Commodities Pharma Real Estate Telecom
Visual Stories

INDICES ANALYSIS

Mutual funds.

Cover Story
Editor's Note
Market Today
Drive Today
BT Explainer
Trending Stocks
Stocks List
Stocks News
Share Market News
Unbox Today
Authen Tech
Tech Shorts
Tools & Calculator
Commodities
Real Estate
Election with BT
Economic Indicators
BT-TR GCC Listing

No Maruti Suzuki EVs to launch in India this year, mass production to likely begin in FY26: Report

Maruti suzuki india's chairman, rc bhargava, has revealed plans for the mass production of electric vehicles (evs) beginning in fy26. the majority of the first batch will be exported to europe, with the domestic market receiving electric cars from maruti only after april 2025..

Updated May 02, 2024, 8:21 AM IST

The country's largest car maker Maruti Suzuki India reported a standalone net profit of Rs 3,878 crore for the March quarter, up 47.8 per cent YoY.

Maruti Suzuki, led by Chairman RC Bhargava, has outlined its timeline for the production of electric vehicles (EVs) in India. The company plans to start production by the end of FY25 with mass production kicking off shortly thereafter. This schedule was confirmed during Bhargava’s interview with CNBC-TV18.

In the early stages, Maruti Suzuki intends to export the majority of its first batch of electric vehicles to Europe, delaying significant availability in the Indian market until after April 2025. Discussing market trends, Bhargava also noted the shift from sedans to SUVs within the more expensive car segments, a trend he expects will persist.

Concerns over global EV sales Bhargava also voiced concerns about the current downturn in global electric car sales, particularly in China. A sustained decline could impact the overall automotive market, affecting material prices and demand.

Despite the slowdown, Maruti Suzuki is investing heavily in its electric vehicle infrastructure, with Rs 10,000 crore earmarked for capital expenditures on new product launches and capacity expansion. At the Vibrant Gujarat Summit in January 2024, it was revealed that Maruti Suzuki plans to export lithium-ion battery cells and modules valued at approximately Rs 750 crore this fiscal year.

Maruti Suzuki April sales

Maruti Suzuki India reported a 4.7% increase in total sales, reaching 168,089 units in April. This compares to the 160,529 units dispatched in the same month last year. The sales of domestic passenger vehicles saw a marginal increase, totaling 137,952 units compared to 137,320 units last April. There was a noticeable decline in the sales of mini segment cars, such as the Alto and S-Presso, which dropped to 11,519 units from 14,110 units in April 2023.

The compact car segment, which includes popular models like the Baleno, Celerio, Dzire, Ignis, Swift, Tour S, and WagonR, also experienced a decline. Sales fell to 56,953 units from 74,935 units a year ago.

Electric car Tesla may set up manufacturing plants in India, Mexico in 2025

Elon musk pointed out in tuesday's earnings call that tesla expects a 50 per cent increase in production over 2023.

Tesla | Bloomberg Photo

Listen to This Article

Musk's India visit sparks expectations for Tesla investment and expansion

Elon musk's tesla initiates formal dialogue with govt on new ev policy, us reacts to elon musk's x post backing india for permanent seat at unsc, musk vs the rest: who will be tesla's biggest competitors in india, tesla plant likely in india: a look at its gigafactories in other countries, honda amaze tested again by ncap, receives 2-star rating; company reacts, tesla's shift on low-cost cars throws india investment plans into limbo, volkswagen rolls out two new variants of sports utility vehicle taigun, expect capex for ev components to cross rs 25k cr in next 3-4 years: icra, chinese electric vehicle suppliers prefer tech tieups, shun 'risky' jvs.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 24 2024 | 8:33 PM IST

Explore News

Suzlon Energy Share Price Adani Enterprises Share Price Adani Power Share Price IRFC Share Price Tata Motors Share Price Tata Steel Share Price Yes Bank Share Price Infosys Share Price SBI Share Price Tata Power Share Price HDFC Bank Share Price
Latest News Company News Market News India News Politics News Cricket News Personal Finance Technology News World News Industry News Education News Opinion Shows Economy News Lifestyle News Health News
Today's Paper About Us T&C Privacy Policy Cookie Policy Disclaimer Investor Communication GST registration number List Compliance Contact Us Advertise with Us Sitemap Subscribe Careers BS Apps
Budget 2024 Lok Sabha Election 2024 IPL 2024 Pro Kabaddi League IPL Points Table 2024

IMAGES

Top electric scooters launched in India in 2021
Ather electric scooter deliveries to begin from September 10
Ola Electric of India to deliver Ola S1, S1 Pro electric scooter in
River Indie Electric Scooter Launched in India at 1.25 lakh/-
5 Best Electric Scooters in India 2024
Ola bets big on EVs, unveils first look of its e-scooter for India

VIDEO

How to handle Error E01 of iENYRID M4 Pro S+ #ienyrid #scooter #electricscooter
Bounce Infinity electric scooter happy customer review 24|Best electric scooter under 1.2 lakh #ev
Motovolt Urbn electric cycle with removable Lion battery and 120 km/Charge,Smart and Stylish.#ecycle
Electric scooter business
TOP 5 SAFEST ELECTRIC SCOOTERS IN INDIA 2024
TOP 5🔥LONGEST RANGE ELECTRIC SCOOTERS IN INDIA 2023

COMMENTS

Starting Your Electric Scooter Business in India: A Step-by-Step Guide
Select the Right Location and Infrastructure. The location of your electric scooter business is crucial. Select a spot with high visibility and accessibility, ideally in urban areas where the demand is higher. Consider the infrastructure requirements like a storefront, service center, and charging stations if you plan to have a rental or sales ...
How to Start a Business of Electric Scooter Assembling in India
Related Business Plan: Hybrid Electric Scooter Assembling Business . Indian Market Size. The market for electric scooters in India is anticipated to grow at a CAGR of 42.9% from 2017 to 2025, reaching 757,900 units. Due to stringent environmental laws and regulations, government incentives, and growing environmental awareness, the market has ...
5+ Insights: Electric Scooter Business in India (For Investors)
The electric scooter business in India has been remarkably growing as people are looking for a sustainable way of living. If you are looking to start an electric scooter business in India this is the perfect time to invest as the results are skyrocketing. There are various aspects to understanding the electric scooter business when it comes to profitability and all the ins and outs of the ...
How To Start Electric Scooter Business In India?
It is necessary to have an idea of the estimated price of electric scooters in India for the coming years to understand the overall price they will cost you. Low-speed electric scooters will cost you somewhere around 25,000 to 30,000 rupees and high-powered electric scooters will cost you around 50,000 to 1,00,000 rupees.
Starting an Electric Scooter Business: A Step-by-Step Guide
Step 1: Market Research and Business Plan. Begin with a thorough market analysis. Understand your local demand, target demographics, competitor landscape, and potential legal regulations. This will shape your business model. Develop a comprehensive business plan that outlines your vision, objectives, funding strategies, and operational details.
How to Start a Business of Electric Scooter Assembling in India
Related Business Plan: Hybrid Electric Scooter Assembling Business Indian Market Size The market for electric scooters in India is anticipated to grow at a CAGR of 42.9% from 2017 to 2025 ...
The E-Scooter Revolution in India: Possibilities and Scope
Reports from the Society of Manufacturers of Electric Vehicles (SMEV) reveal that in fiscal 2017-18, sales of electric bikes and scooters from a year ago doubled, while electric car sales dropped ...
Ola Electric's Charged-Up Game Plan And Marketing Strategy For India's
Their marketing strategy, coupled with their innovative business plan, holds the promise of transforming India's streets with sustainable and eco-friendly electric scooters. As India and the world transition towards sustainable transportation, Ola Electric's charged-up game plan serves as a beacon of hope for a cleaner and greener future on two ...
Tapping India's EV scooter market
In the 12-month period (January-December) of 2021, overall sales of electric two-wheelers, including high-speed and low-speed models, climbed by 132 percent over the same time in 2020. The industry sold 2,33,971 units in 2019, compared to 1,00,736 units in 2020. Many businesses selling EV scooters claim that the EV market would grow at a CAGR ...
Electric scooter start up business plan
Electric scooter start up business plan. May 4, 2020 • Download as PPTX, PDF •. 3 likes • 8,110 views. Office of Additional Solicitor General of India, Shri.K.M.Nataraj. Follow. A project on establishing a start up electric scooter company with all the latest specs with marketing sub plan and human resource allocation, fund allocation ...
Simple Energy to build electric scooter plant in Tamil Nadu
2. Indian EV start-up Simple Energy, which is set to launch its electric scooter 'Simple One' on August 15, announced plans to build a production plant in Hosur, Tamil Nadu. The first phase will encompass around 200,000 square feet and will have a production capacity of up to million units per year. Simple Energy will invest around Rs 350 ...
Hybrid Electric Scooter Assembling Business
Market Outlook. The global electric scooter and motorcycle market size was $12,961.8 million in 2016, and is expected to reach $22,192.0 million by 2025, growing at a CAGR of 6.9% during 2017-2025. The market is predominantly driven by tax concession on eco-friendly vehicles, growing concern for increasing carbon emissions, low maintenance cost ...
Tesla Power USA Announces India Business Plans
Tesla Power will soon launch its electric scooter in India and by 2025 will open 5000 shops across the country which will be equipped with e-scooter charging stations as well. ... Tesla Power USA Announces India Business Plans; Will Sell Electric Scooters In India and Will Setup 5000 e-Scooter Charging Stations. car&bike. About Us. New Cars ...
An Overview of Electric Vehicle Business in India
Development of Electric Vehicle Business in India. Estimations: In April 2019, Niti Aayog published a report termed "India's Electric Mobility Transformation", which pegs EV or Electric Vehicles sales penetration in India at 70% for commercial cars, 40% for buses, 80% for 2 and 3-wheelers, and 70% for commercial cars by 2030. If these ...
Top 10 Electric Scooter Companies in India 2023
In the exciting world of electric mobility, the story of Ola Electric began in 2017 when its visionary founder, Bhavish Aggarwal, set the wheels in motion. Fast forward to today, and Ola Electric proudly holds the title of India's top electric two-wheeler maker, with an impressive value of US$5.4 billion.The pinnacle of this journey arrived in 2021 with the launch of the highly praised S1 ...
Electric scooters in India, Future of Mobility
Find an Ola Electric showroom near you to explore our electric scooters. Book a test ride today! Introducing 8-year Battery Warranty. With any S1. ... Top ICE scooter; On Road Price (approx) ₹97,000 ₹50,000: Monthly EMI cost ₹2,030 ₹2,359: Maintenance ₹255 ₹47: Monthly Fuel Cost ₹2,295 ₹236: Total Monthly Cost ₹4,700
Best electric scooters you can buy in India right now
The Ola S1 is available at a price of Rs. 100,000 and offers a range of around 120 km on a single charge. The scooter draws power from an 8.5 kW electric motor coupled with a 3.97 kWh battery pack ...
Top 10 Electric Scooter Manufacturers in India 2024
Overview of the Electric Scooter Industry in India. India's electric scooter industry is experiencing rapid growth, projected to reach a substantial $13 billion by 2032 with an impressive CAGR of 33.25%. This expansion is driven by rising fuel prices, growing environmental concerns, and supportive government policies.
Greaves Electric Mobility Launches Family E-Scooter
Greaves Electric Mobility Private Limited (GEMPL), the e-mobility arm of Greaves Cotton Limited, today introduces its first high-performance family electric scooter, the Ampere Nexus. Boasting a 3 ...
The Best Electric Scooter for Commercial Use in India
The electric scooter for commercial use in India must be capable of carrying variable weighing loads without impacting performance or safety parameters. #5. Maintenance and After-Sales Support. Opt for commercial electric scooter manufacturers in India offering top-class after-sales service or readily available spare parts.
Exploring the Growing World of Electric Scooter Companies in India
Electric scooters have been skyrocketing in popularity across the globe, and India is no exception. As of 2021, over 20 different electric scooter companies operate within India, all striving to innovate and leave their mark on the industry. Some of these leading companies include Ather Energy, Bajaj Auto, and Hero Electric.
Best electric scooters in India you can buy (January 2024)
TVS X. Next up on the list is TVS X which is currently India's most expensive electric two-wheeler. It rocks a robust and futuristic design language that makes it completely distinct from the other electric scooters out there. TVS X comes with an IDC range of 140km that gains power from a 4.4kWh battery unit.
Ather Electric Scooters
Explore Ather electric two wheeler scooters in India. To know more about its price, models, colours, battery, range, charging etc. Visit Ather Energy Website! Rizta. 450 Series; Charging. Smart Helmets. Shop. Locate Us. For all your needs. Explore Our 450 Series. Book a test ride. 450S. Starting at ₹ 1 15 599.
Executive summary
Rest of the world. Growth expectations for 2024 build on a record year: in 2023, global sales of electric cars neared 14 million, reaching 18% of all cars sold. This is up from 14% in 2022. Electric car sales in 2023 were 3.5 million higher than in 2022, a 35% year-on-year increase. This indicates robust growth even as many major markets enter ...
10 Best Electric Scooters In India For Eco-Friendly Commutes
5. Hero Vida V1. Hero Motocorp's sub-brand, Vida, recently launched its first electric scooter, the Vida V1. It is available in two variants: Vida V1 Plus and Vida V1 Pro. Both variants offer a ...
Electric Scooters in India, Electric Scooty, 2024 Prices
There are 347 electric scooty currently on sale from various manufacturers starting from 25,000. The most popular products under this bracket are the AMO Electric Jaunty (Rs 62,500), Ola S1 Pro (Rs. 1.30 Lakh) and TVS iQube (Rs. 1.20 Lakh) (all prices Ex-showroom). The popular new e scooters making their debut in 2024 include the Ola S1 Pro ...
Bhavish Aggarwal's Krutrim unveils Android app, iOS ...
It currently understands and generates intelligent responses in over 10 India languages, which will be expanded to 22 official languages in the future. ... Ola Electric cuts its scooter prices by up to Rs 25,000. Details here ... estimated travel times, and alternative routes. This powerful tool empowers users to plan their journeys effectively ...
No Maruti Suzuki EVs to launch in India this year ...
Maruti Suzuki India's Chairman, RC Bhargava, has revealed plans for the mass production of electric vehicles (EVs) beginning in FY26. The majority of the first batch will be exported to Europe ...
India's Tata Nexon EV Is A Simple, Affordable Solution To A ...
The Nexon EV starts at about $17,363 (14.4 lakh rupees, before taxes and fees) and goes up to $23,115 (19.29 lakh rupees). The average car price in India is about $14,000 (11.5 lakh rupees), so ...
Electric car Tesla may set up manufacturing plants in India, Mexico in
This timeline aligns well with the government's new electric vehicle policy, which mandates setting up a manufacturing plant in India within three years, extending up to 2027. It also corresponds with Tesla's plan to launch new models starting in mid-2025, announced in Tuesday's earnings call.

How To Start Electric Scooter Business In India?

Is Electric Scooter Business Profitable In India?

Growth Of Electric Scooters

Estimated Electric Scooter Price in India

Electric Scooter Business Opportunities

Electric Scooter Manufacturing Business

Manufacturing Cost Of Electric Scooters

Electric Scooter Assembly Business

Assembly Cost Of Electric Scooter

Electric Scooter Dealership Business

How To Get Electric Scooter Dealership

Electric Scooter Dealership Cost

Electric Scooter Rental Business

Electric Scooter Charging Station Business

Investment Required To Start An Electric Scooter Business

How Much Does It Cost To Start An Electric Scooter Business?

Tapping India’s EV scooter market

Indian electric scooter and motorcycle market reaching CAGR of 57.9% by 2027

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of ET Edge Insights, its management, or its members

Staying relevant in the competitive Indian cycling industry

Why bicycles are most economical solution for Health, Travel, and the Environment

Simple Energy to build electric scooter plant in Tamil Nadu

Leave a Reply Cancel reply

Electric cars: Five lessons from the Motor Show in China

Hyundai invests nearly one billion dollars in Motional

HiPhi shows new signs of life

Information

Products & Services

Accepted Payment Methods

Latest News

Tesla Power USA Announces India Business Plans

Explore More

Top 10 Electric Scooter Companies in India 2023 – Sales, Market Share, and Future Prospects

#1] OLA ELECTRIC

#2] TVS MOTOR

#3] ATHER ENERGY

#4] BAJAJ AUTO

#5] AMPERE EV BY GREAVES

#6] OKINAWA AUTO

#7] HERO ELECTRIC

#8] OKAYA EV

#9] BGAUSS AUTO

RELATED ARTICLES MORE FROM AUTHOR

Electric Two- Wheeler Sales Data April 2024 : Top 10 OEM Performances

Ampere Electric launches its electric scooter Ampere Nexus at Rs 1.10 lakh

Bajaj Auto working on a budget-friendly variant set to launch in May

LEAVE A REPLY Cancel reply

latest Post

Privacy Overview

Buying an EV is money in the bank.

Our Community Drives Us

Subscribe to learn about our latest news

Best electric scooters you can buy in India right now

Ather 450X

Get daily insight, inspiration and deals in your inbox

OLA S1

TVS iQube

Revolt RV 300

Bajaj Chetak Electric

Most Popular

B2B News & Trends

Top 10 Electric Scooter Manufacturers in India

Table of Content

Overview of the Electric Scooter Industry in India

Ather Energy Private Limited

TVS Motor Company Limited

Hero MotoCorp Limited

Ola Electric Mobility Private Limited

Bajaj Auto Limited

Yamaha Motor India Private Limited

Suzuki Motorcycle India Limited

Pure EV Private Limited

Ampere Vehicles Private Limited

Okinawa Autotech Private Limited

Related posts

Top 10 Aluminium Foil Manufacturers in India

Top 10 Sheet Metal Fabricators in India

Top 10 Oil and Gas Companies in India

Comentarios

Search for the insights you need