Electric cars craving started growing in the market and many companies launched their products till now.
Which are Electric Vehicle Companies in India and Are their demand growing well in 2022?
Electric cars in India seed was planted in 1993 by Eddy Electric and the product was the Lovebird. That EV was first showcased at the Delhi Auto Expo, at that time the design and concept were very futuristic. So it received many awards and honors. That was built with the collaboration of Yaskawa Electric mfg. Company of Japan and the manufacturing plant was situated at Chalakudy Kerala and Coimbatore, Tamilnadu. Only 25 units flew off the production line till its production had to come to an end, unfortunately.
Now it’s 2022, and the time has changed completely. Now so many peoples are leaning toward EV cars in India and the electric auto market is developed to a major extent. As of now, there are many top electric vehicle companies in India that make advanced EV cars in India. Some of the brands are Mahindra Auto, Tata Motors, Hyundai, MG (Morris Garage), Mercedes-Benz, and Ashok Leyland.
Why Prefer EV Vehicle over Petrol, CNG, and Diesel?
EV stands for ‘Electric Vehicle’ which means you can charge it and use it as you do with your mobile phones and laptops. So easy it is, So can we switch to them without any hesitation? Let’s find out.
First and foremost the primary thing in India, that people consider while buying a vehicle that is its mileage and how much it costs to them in a long run. In this context, the EV makes its way and comes at first place because the overall per km cost of an EV is approx 5, 4, and 3 times cheaper than Petrol, Diesel, and CNG respectively.
The second is to maintain the vehicle for the long run. Petrol, CNG, and Diesel vehicles required maintenance from time to time. because the engine runs on so many parts with friction, and lubricating them is important. The normal maintenance period for two-wheelers is 3 months or 1,500-2,000 whichever is earlier. While, the 4-wheelers maintenance period is 6-12 months or 10,000-15,000, whichever is earlier.
On the other hand, EV vehicles don’t have an engine that works on friction, and instead of that, they have an electric motor. So no periodic maintenance is required to keep them in running condition. The above-attached diagram clearly explains the way of electric car structure.
So switching on EV Cars in India is a good decision. But as of now, the infrastructure for EV Vehicles has not developed to a certain extent to provide charging stations anywhere. Now, the question is, is it preferable to switch to EV Vehicles in 2022? The answer is ‘YES’ because now the EV market is started saturating with the advanced products launched in recent years and it grew rapidly in the future. Also, there are now a lot of Electric Vehicle Companies in India that are expanding their legs.
What are some Best Electric Vehicle Companies in India
Below are the electric vehicle manufacturing companies in India that are mentioned.
- Mahindra and Mahindra
- Tata Motors
- Ashok Leyland
- MG (Morris Garage)
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1. Mahindra Electric
Mahindra Electric Mobility Limited formerly known as the Reva Electric Car Company is based in Bangalore. It designs and produces compact electric vehicles. Their first electric car was the Reva car, which was available in 26 countries and more than 4000 units were sold out.
The Reva Electric Car company was acquired by Mahindra Auto in May 2010. After the Acquisition, their first launched product was the electric hatchback e2o in 2013. In 2022, the brands sells different EV Vehicles such as:
- Mahindra eVerito (Electric Sedan)
- eSupro (Passenger and Cargo)
- Treo (Three Wheelers Range)
Prior to the Mahindra Acquisition, Reva has partnered with Bannon Automotive to set up a plant in upstate, New York to produce the NXR for the US market. Also, they have showcased some concepts ars in the auto shows that will come in the near future. So Mahindra and Mahindra along with the Reva Electric Automobile doing great research on electric vehicles and in the near future we’ll see advanced Mahindra Electric Car running on the roads. So with all this, Mahindra auto becomes one of the Listed Electric Vehicle Companies in India.
2. Tata Motors
The vehicle electrification in Tata Motor has started with the Tata Indica and Tata Ace (Passenger Vehicle). Both of these were run on Lithium-ion batteries. The Tata Indica was also launched in Europe in 2008 with a 50.3% stakeholding in an EV technology firm Miljobil Grenland for US$1.93 Million.
Another milestone was hit by Tata Motors in 2010 when they provided four CNG-Electric Hybrid low floored buses to the Delhi Transport Corporation for use in the 2010 Commonwealth Games.
Now in 2022, the electric unit of Tata Motors has grown to an extent and now they have launched some advanced EVs in the market. Firstly, in 2019, Tata has unveiled the Tata Nexon EV, a compact SUV that was powered by a 30.2 kWh lithium-ion battery and has a range of 312 km. After that, the lineup has got new addition as Tata Tigor EV and Tata Altroz EV. The Tigor and Altroz are mini electric car price in India that is under 10 lakhs. So with all this, Tata Motors becomes one of the Listed Electric Vehicle Companies in India.
Tata Motor EV products
- Tata Nexon EV
- Tata Tigor EV
- Tata Altroz EV
Mercedes-Benz has a separate section for manufacturing the best electric car in India named ‘EQ’. As of now, there are a total of seven EVs they have made and sold globally. But in India, only one is on sale.
Mercedes- Benz EQ Products
- Merecedes Benz EQC (2019-Present)
In India, Mercedes-Benz has only introduced the EQC EV, This is the first EQ model of the lineup and was unveiled in Stockholm, Sweden. The EQC has two electric motors one on the front axles and another is the rear axle. The rear axle is all-wheel drive and has a power output of 300 kW (402 bhp) and 765 Nm of Torque. So the Mercedes Benz EQ is also a Listed Electric Vehicle Company in India.
4. Hyundai Motors
Hyundai Motors is considered as the top 3 most selling cars manufacturer in India. Its first pure Electric car was the 1991 Sonata Electric Vehicle. Hyundai has debuted their first EV car in India as Hyundai Kona. The company says that the Hyundai Kona Price in India is specially developed considering the Indian conditions and infrastructure, Results, the Hyundai Kona range is 452 Kms in a single charge.
The Hyundai Kona Price in India is Rs 23-24 lakh (Ex-showroom) which is quite expensive. So to tackle the budget problem of the people. Hyundai is also developing a new compact Electric Car for special the Indian market that will full fill customer demand in their budget. So Hyundai is also a Listed Electric Vehicle Companies in India.
Hyundai Electric Products
- Hyundai Kona
5. Ashok Leyland
Ashok Leyland, a part of Hinduja Group is the world’s fourth-largest Electric bus manufacturer and India’s leading one too. It is one of the fewest, that manufactures Electric buses in India. The Ashok Leyland has partnered with Sun Mobility to enhance their knowledge in the EV sector, As the demand is inflating rapidly.
The Manufacturer launched a variety of Electric products in the Indian market. This list is explained below.
Ashok Leyland Products
- Circuit Bus
- Electric EURO 6 Truck
- iBUS (Upcoming)
6. MG (Morris Garages)
Morris Garages is a China-based company and is one of the new Electric Vehicle Companies in India. Their first EV product MG ZS EV is introduced in China in March 2017, powered by a 44.5-50.3 kWh battery that delivers an approximate range of 419 to 461 kms. The range depends on different conditions but it’s the average range.
In 2019, they give the ZS EV a new facelift to look it more appealing and it had a new refreshing design with some new top-up features. As of now, the MG ZS EV is not manufactured in India but later Morris and Garages will start producing it in its Halol, Gujarat Plant. So MG (Morris Garages) is also a Listed Electric Vehicle Companies in India.
Morris and Garages Products
- MG ZS EV
For sure, the market is started leaning towards Electric Vehicles in India (battery wali car). As new brands started launching their advanced products with great reliability. We have discussed the top 5 Listed Electric Vehicle Companies in India that make and sell their EV cars in the market. From the list, where the Tata motors have the most affordable products and Mercedes Benz has the most developed and futuristic products. The range is quite extended. So choosing any budget, won’t be a subject.
The current EV adaptation rate and the Government’s concern to be fully Electriclized by 2030 will replace all the combustion engines with EVs. Also, the EVs are more environmentally friendly and do not have any emission norms or CO2 to the environment.