Bajaj Auto Limited is an Indian multinational automotive manufacturing company based in Pune. It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj (1889–1942) in Rajasthan in the 1940s.
The automotive industry in India is the fourth-largest by production in the world as per 2022 statistics. As of 2023, India is the 3rd largest automobile market in the world in terms of sales. In 2022, India became the fourth largest country in the world by the valuation of its automotive industry.
Mahindra & Mahindra Limited (M&M) is an Indian multinational automotive manufacturing corporation headquartered in Mumbai. It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra. Part of the Mahindra Group, M&M is one of the largest vehicle manufacturers by production in India. Its unit, Mahindra Tractors, is the largest manufacturer of tractors in the world by volume. It was ranked 17th on a list of top companies in India by Fortune India 500 in 2018. Its major competitors in the Indian market include Maruti Suzuki India and Tata Motors.
The Auto Expo is a biennial automotive show held in Greater Noida, NCR, India.
Battery swapping or battery switching is an electric vehicle technology that allows battery electric vehicles to quickly exchange a discharged battery pack for a fully charged new one, as an alternative to recharging the vehicle via a charging station. Battery swapping is common in electric forklift applications.
Mahindra Last Mile Mobility Limited, formerly known as the Mahindra Electric Mobility Limited (2016-2023) & Reva Electric Car Company (2010-2016), is an Indian company based in Bangalore, involved in designing and manufacturing of compact electric vehicles. The company's first vehicle was the REVAi electric car, available in 26 countries with more than 4,000 of its different versions sold worldwide by mid-March 2011. Reva was acquired by Indian conglomerate Mahindra & Mahindra in May 2010. After the acquisition, the company launched the electric hatchback e2o in 2013. Today, the company sells electric vehicles in different segments – the electric sedan eVerito, the electric commercial vehicle eSupro, and the Treo range of low maintenance, lithium-ion battery-powered three-wheelers. Recently, Mahindra Electric became the first Indian car manufacturer to cross 170 million kilometers traveled on its fleet.
The Mahindra e2o, previously Reva NXR, is an urban electric car hatchback manufactured by Mahindra Reva or Reva Electric Vehicles in 2013–2017. The e2o is the successor of the REVAi and was developed using Reva's technology, and has a range of 120 km (75 mi).
Greaves Cotton Ltd. is an Indian conglomerate engineering company that manufactures Cleantech Powertrain Solutions for petrol, diesel and CNG engines and heavy equipment. It is traded on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).
Atul Auto Limited is an Indian three wheeler manufacturing company based in Rajkot.
Gogoro is a Taiwanese company that developed a battery-swapping refueling platform for urban electric two-wheel scooters, mopeds and motorcycles. It also develops its own line of electric scooters and offers its own vehicle innovations to vehicle maker partners like Hero, Yamaha, Aeonmotor, PGO, eReady, and eMOVING. Gogoro also operates GoShare, a rideshare service, in Taiwan and Ishigaki Island in Japan.
The electric vehicle industry in India is slowly growing. The central and state governments have implemented schemes and incentives to promote electric mobility, and have introduced regulations and standards. Although India would benefit from converting its transport from internal combustion (IC) engines to electric motors, challenges include a lack of charging infrastructure, high initial cost and a lack of renewable energy. E-commerce companies, car manufacturers, app-based transport network companies and mobility-solution providers have entered the sector, however, and are slowly building electric-car capacity and visibility.
Chetan Maini is a Co-Founder and Vice Chairman at SUN Mobility and an Indian business magnate in the electric car industry. He is best known for building India's first electric car, REVA, and as the Founder of Reva Electric Car Company Ltd, now Mahindra Electric Mobility Limited, where he served as an advisor. SUN Mobility, a joint venture between Virya Mobility 5.0 and SUN New Energy Systems, aims to be a provider of charging points and services to accelerate mass electric vehicle usage. Chetan is the director of Maini Group and co-founder of Virya Mobility 5.0. He is also an investor and on the board of several clean-tech start-ups.
Ather Energy is an Indian electric two-wheeler manufacturer, headquartered in Bangalore. It was founded by Tarun Mehta and Swapnil Jain in 2013. It currently manufactures electric scooters named the Ather 450 Apex, Ather 450S, Ather 450X and the Ather 450X Pro. It has two EV manufacturing facilities one in Whitefield, Bangalore and other in Hosur, Tamil Nadu.
Mahindra GenZe, doing business as GenZe and also known as GenZe by Mahindra, was a brand of electric bicycles and scooters. It was a subsidiary of the Mahindra Group of India.
The Mahindra e2o Plus was a 5-door, 4-seater electric city car produced between 2016 and 2019 by Mahindra Electric for the Indian market. Its front fascia styling was similar to that of its smaller predecessor, the Mahindra e2o. Unlike its predecessor, it was not sold in the United Kingdom.
Revv Cars is an Indian self-drive mobility start up funded by Hyundai and others. The company was founded by Anupam Agarwal and Karan Jain in July 2015 and started its operation in Delhi-NCR. Through Revv, customers can rent a car up to a period of 4 years. Apart from renting for specific number of hours or days, the company also let customers rent for one-way journeys. The company operates with a standard hub model - where there is a hub of cars from where the vehicles are dropped to the customers. The company staff is able to come back to the hub with the help of a foldable electric scooter which is stored in the boot of the car. The company had stopped its services during the initial lockdown for few months and resumed later. Apart from acquiring vehicles directly, the company also works on a crowdsourcing model in which individual would buy a car on a 10% down payment and register it with Revv. Revv pays a fee to the individual that is equal to the monthly installment to pay the loan which is usually for 4 years.
Yulu is an Indian technology-driven electric micromobility platform headquartered in Bengaluru.It provides shared low-speed two-wheeler electric vehicle (EV) services in Bengaluru, Mumbai, Navi Mumbai, Delhi and Gurugram. Yulu operates 25,000 dockless shared EVs and has four million users. Its EVs are used for 280,000 last-mile deliveries and 10,000 commutes each day.
Omega Seiki Mobility is an Indian electric vehicle manufacturer that is developing its own line of commercial EVs primarily deployed with e-commerce for last-mile delivery. Headquartered in New Delhi, India, Omega Seiki serves as a separate business auto vertical of the Anglian Omega Group. The company's first vehicle - Rage+, was indigenously designed and developed in its manufacturing facility in Faridabad, Haryana. Launched in February 2020 at the Auto Expo 2020, Rage+ is claimed to be India's first smart electric cargo three-wheeler. Recently, the company also unveiled a refrigerated vehicle - Rage+ Frost that will assist in delivery of food and pharmaceuticals, particularly the COVID-19 vaccine. Going forward, Anglian is looking to invest US$300–600 million in its e-mobility venture as it is committed to build India's first global electric cargo company.
Battery Smart is an EV battery-swapping company headquartered in Gurugram, Haryana.
