Top 3 Electric Two Wheeler Companies in India 2024

The sales of two-wheelers in the market have seen a significant rise over the years. This can be due to reasons such as the affordability and convenience that this type of vehicle offers. The electric two-wheeler has been introduced with an eco-friendly makeover that is more sustainable for the environment.
India is aiming for 100% electrification by 2030. To achieve this target, the government is switching towards cleaner transportation and personal mobility. Several traditional companies like Mahindra Electric and Hero Motocorp Ltd. are rapidly increasing their presence in this space. Startups are not far behind as well. New-age companies like Ola Electric, Okinawa Autotech, and Ather Energy have shown higher sales growth over the years.
Coming to the sales of electric two-wheeler, the last few months have seen good momentum in the sale of electric two-wheeler in India. The sale of registered EV two-wheeler in the calendar year 2022 has been 6,15,365 vehicles. According to research by the India Rating & Research (Ind-Ra), the electric two-wheeler industry is expected to grow at a strong compounded annual growth rate of 75-80 per cent between FY22 and FY25.
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top 3 electric two wheeler companies
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top 3 electric two wheeler companies in india 2024
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