India's electric vehicle (EV) ecosystem is still in a very early stage. However, the central government has announced the second phase of its ambitious FAME (Faster Adoption and Manufacturing (Hybrid) and Electric Vehicles) policy, which aims to accelerate the adoption of electric vehicles in all market segments in the country.
According to NitiAayog, by 2030, India's electric vehicle industry may accumulatively increase by about US$300 billion, while accelerating the popularity of electric vehicles, electric scooters, electric motorcycles and electric buses in the country.
The following is a list of the top 3 electric vehicle manufacturers in the country:
1. Hero Electric
Hero Electric is a subsidiary of Hero Group and has launched more than ten electric vehicles in China. The company has always been a leader in the field of electric vehicles, with electric two-wheelers and electric tricycles. In the ER series, E2 series and E5 series, Hero Electric has launched a series of Optima, Nyx, Flash and Photon electric scooters.
2. Tata Motors
Tata Motors recently launched an electric version of the Nexon with ZIPTRON technology. The company has launched the Nexon EV at a price of 15.17 lakhs, with a target cruising range of 300 kilometers, to solve the common range anxiety problem of electric vehicles in the country. It also provided an electric version of Tata Tigor to Energy Efficiency Services Limited (EESL).
Image Source : autoportal
Thus, these are the electric manufacturers in India you need to look out for - with the rise of electric vehicles, you must know!