Indian Electric Vehicles: Driving EV Adoption and Growth | Updated 2025

Indian Electric Vehicle Companies

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Dhinesh (Automotive Technology Analyst & EV Industry Researcher )

Dhinesh is an automotive technology analyst specializing in electric mobility and sustainable transportation. With extensive research experience in EV market trends, battery technologies, and industry innovations, Dhinesh provides insights into the growth and future of India’s electric vehicle ecosystem.

Last updated on 05th Nov 2025| 11907

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India’s EV Revolution Accelerates

India’s electric vehicle (EV) revolution is gaining momentum, supported by evolving technologies, government incentives, and a growing demand for cleaner transportation. With increasing concerns about air pollution, fuel dependency, and sustainability, both established automotive giants and agile startups are investing heavily in EVs. The Indian EV ecosystem, supported by Artificial Intelligence Training is no longer limited to a few experimental models; it now spans electric two-wheelers, three-wheelers, passenger cars, buses, and commercial vehicles. This transformation is being spearheaded by a mix of traditional manufacturers, new-age innovators, and active policy support from the government. The electric vehicle (EV) revolution in India is speeding up at a never-before-seen rate because to developing technologies, encouraging government regulations, and growing consumer demand for greener, more sustainable modes of transportation. Both well-established automakers and creative entrepreneurs have made significant investments in the EV industry because to growing worries about air pollution, reliance on fossil fuels, and climate change.

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    Tata Motors

    Tata Motors has emerged as a frontrunner in the Indian EV segment. Its portfolio includes models like the Nexon EV, Tigor EV, and the recently launched Punch EV. Tata’s success lies in its strategic integration of in-house battery technology, a growing network of charging infrastructure, and strong brand trust.

      Key Highlights:
    • Tata Nexon EV is India’s best-selling electric SUV.
    • Launched the Gen-2 Ziptron technology platform for improved range and efficiency.
    • Plans to introduce 10 new electric models by 2025.
    • Partnering with Tata Power to develop EV charging networks across cities and highways.

    Tata’s investments in battery packs and power electronics manufacturing are enabling it to scale efficiently and meet domestic demand.


    Mahindra Electric

    In India, Mahindra Electric, a division of the Mahindra Group, has led the way in the development of electric vehicles. The XUV400 and other more recent models were made possible by the company’s early models, such as the e2o and eVerito. In addition to focusing heavily on electric three-wheelers and last-mile transportation solutions, Mahindra Electric has formed strategic alliances with major international players such as Volkswagen to create cutting-edge EV platforms.

    Mahindra Electric Article

    In keeping with its long-term commitment to sustainable mobility, the corporation intends to invest more than ₹10,000 crores in its EV business. Mahindra is also working on the Born Electric platform, which will serve as the foundation for its upcoming SUV models. Mahindra Electric has established itself as a diverse and significant participant in India’s EV ecosystem by concentrating on both personal mobility and fleet applications.


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    Ather Energy

    Bengaluru-based Ather Energy has revolutionized the electric two-wheeler space in India. Its flagship models, Ather 450X and 450S, are known for advanced features, connectivity, and performance.

      Notable Achievements:
    • Ather Grid: A fast-growing public charging network with over 1,500 charging points.
    • Proprietary software stack with OTA (Over-The-Air) updates.
    • Backed by major investors like Hero MotoCorp.
    • Expanding manufacturing capacity to 420,000 units annually.

    With a focus on premium user experience and ecosystem building, Ather continues to be a trendsetter in urban electric mobility.


    Ola Electric

    Ola Electric, a subsidiary of the ride-hailing giant Ola, has rapidly scaled to become a dominant player in the electric scooter segment. It launched the S1 and S1 Pro models to great market enthusiasm.

      Key Moves:
    • Built the world’s largest two-wheeler factory (FutureFactory) in Tamil Nadu.
    • Vertical integration of battery cells, motor, and software.
    • Plans to launch electric motorcycles and cars.
    • Introducing fast-charging networks through ‘Hypercharger’ stations.
    • Ola’s aggressive expansion strategy and focus on affordability and innovation are driving massive adoption, especially among urban youth.



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      Hero Electric

      Hero Electric, one of India’s oldest EV manufacturers, has a vast lineup of electric scooters aimed at affordability and practicality. Unlike premium-focused brands, Hero Electric targets middle-income users and rural mobility.

        Major Highlights:
      • Over 1 million electric scooters sold to date.
      • Partnered with multiple startups to boost battery swapping infrastructure.
      • Focus on localization to bring down manufacturing costs.
      • Nationwide dealer and service network presence.

      Its strategy of being a mass-market EV player, supported by Artificial Intelligence Training positions it uniquely in tier 2 and tier 3 cities where cost sensitivity is higher.


      Ashok Leyland EVs

      Ashok Leyland, a commercial vehicle giant, is playing a significant role in electrifying public transport and logistics. Through its subsidiary Switch Mobility, it is developing electric buses and light commercial vehicles.

        Initiatives and Progress:
      • Deployed electric buses in multiple Indian cities.
      • Developed modular EV platforms for buses and last-mile delivery.
      • Manufacturing hubs in India and the UK.
      • Targeting both domestic and export markets for electric commercial vehicles.

      Ashok Leyland’s entry into electric mobility aligns with government efforts to electrify public transportation.

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      MG Motors India

      MG Motors, though relatively new to the Indian market, has gained attention with its electric SUV the MG ZS EV. The company brings global expertise and premium features into its EV offerings.

        Progress Report:
      • MG ZS EV is among the top-selling electric cars in India.
      • Planning to launch a mass-market EV below ₹15 lakhs.
      • Collaborating with Tata Power and other partners for charging infrastructure.
      • Introducing AI-based connected features and smart energy solutions.

      MG’s focus is on premium, tech-savvy customers who demand comfort and innovation in electric mobility.

      Hyundai and Kia EVs

      Hyundai was one of the first international automakers to bring electric cars to India, with its Kona Electric. Kia, its sister brand, has also entered the segment with the EV6 and future plans for budget EVs.

      Hyundai and Kia EVs Article
        Updates and Vision:
      • Hyundai Ioniq 5 won accolades for design and performance.
      • Investing ₹4000 crores to localize EV manufacturing in India.
      • Developing India-specific EVs for mass-market adoption.
      • Kia aims to launch affordable EVs under ₹20 lakhs by 2025.

      Their long-term goal is to capture a significant market share through a mix of global technology and localized solutions.


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      Startups in EV Sector

      India’s electric car industry is growing and innovating thanks to a number of startups as well as well-known OEMs. While Yulu provides electric bike-sharing services in cities to address last-mile mobility issues, Revolt Motors is concentrating on AI-enabled electric motorcycles. Euler Motors is producing electric three-wheelers for commercial and transport uses, while Simple Energy is creating high-range electric scooters. In addition to developing cutting-edge car designs, these businesses are investigating solutions like shared mobility, fleet management, and battery swapping. They frequently focus on particular issues like urban congestion and effective last-mile deliveries.


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      Government Support

      Through a number of laws and incentives, the Indian government has significantly accelerated the adoption of electric vehicles. While the Production-Linked Incentive (PLI) programme offers financial assistance to battery and vehicle producers, the FAME II programme offers subsidies for electric two-wheelers, three-wheelers, and buses. EVs also enjoy a lower GST rate of only 5%, as opposed to 28% for cars with traditional internal combustion engines. Delhi, Maharashtra, and Tamil Nadu are just a few of the states that have implemented their own EV laws, including incentives such as free registration and subsidies. By encouraging the construction of the required charging infrastructure and lowering the overall cost of ownership for EVs, these government-backed programmes are fostering an environment that is conducive to India’s aspirations for electric mobility.

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      Future Projections

      India’s electric vehicle market is projected to grow at a compound annual growth rate (CAGR) of over 40% in the coming decade. By 2030, EVs could make up as much as 70% of all new two-wheeler sales, 30% of private car sales, 40% of buses, and 80% of three-wheelers. This rapid growth will be driven by rising fuel costs, increasing environmental concerns, technological advancements in batteries and drivetrains, improved charging infrastructure, and the availability of more affordable EV models. With continued investment from both the public and private sectors, along with supportive government policies, India is well-positioned to emerge as a global hub for electric mobility.


      Summary

      The Indian EV landscape is vibrant and rapidly evolving. From legacy automakers like Tata and Mahindra to agile startups and international giants, every stakeholder is playing a crucial role in this transition. Government support, consumer awareness, continuous innovation, and Artificial Intelligence Training are propelling India toward an electric future. As the ecosystem matures, India could not only meet its domestic clean mobility goals but also emerge as a significant exporter of EV technology and products.

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