India is the second-largest three-wheeler manufacturer in the world. In recent times, the electric two-wheeler and three-wheeler manufacturers have witnessed rapid growth as the country paves the way for greater adoption of cleaner, cost-efficient, and greener electric vehicles. India is slowly becoming one of the largest markets for electric three-wheeler manufacturers two-wheeler manufacturers in India.

The cumulative EV sales in India reached 61.66 lakh units in the financial year 2024-25 with EV two-wheeler vehicles accounting for 50% of the sales followed by EV three-wheeler vehicles which held around 36% share of the India EV market in FY25.

Atul Auto, Ather Energy, Hero Electric, Lohia Auto, Mahindra Electric, Okinawa, and Ola Electric are among the leading electric vehicle manufacturers, with other new entrants like PURE EV.

Who makes India’s best-selling electric 2- and 3-wheelers? What are the upcoming e-bikes and scooters? How big is the global two-wheeler market? Keep reading this post to learn more.

Top EV Two Wheeler Companies in India

In the Financial Year 2024-25, a total of 11,49,334 electric two-wheelers were sold, reflecting a 21% increase compared to 9,48,561 units sold in FY 2023-24.

Here are the top 2-wheeler vehicle companies in India (ranking based on electric two-wheeler sales in 2025):

Ola Electric

Ola Electric accounted for the largest number of EV sales. The EV manufacturer set up the world’s largest 2W factory in Tamil Nadu (a state in South India) with an annual production capacity of 10 million units making it one of the largest electric two wheeler companies in India.

Despite some challenges such as the range of its EVs and delayed deliveries, Ola figures on the top of the list as the biggest electric 2W seller based on the number of registered bikes in 2022.

With a range of 181 km, top speed of 116 km/h, and 0-40 km/h in 2.9 seconds, Ola S1 starts at INR 72,999 to INR 1,03,999, and Ola S1 Pro starts at  INR 1,69,999 to INR 1,99,000.

Okinawa Autotech

Okinawa is a Gurgaon-based electric two wheeler manufacturing company established in 2015. The company’s product portfolio includes:

• Lithium-ion high speed (OKHI-90, IPraise+, Praisepro, Dual 100, Ridge 100, and Ridge+)

• Lithium-ion slow speed (R30 and Lite)

Okinawa ranked second with 1,00,000+ registered bikes as the country’s second biggest 2W seller.

Hero Electric

Hero Electric is one of India’s leading electric scooter companies with a wide range of electric scooters and bikes. According to the company, “Hero Electric is India’s first and largest manufacturer of electric 2-wheelers.”

The company’s product line-up includes:

City Speed variant with a speed of more than 45 km/hr (CX): Hero Electric Photon LP, Hero Electric Optima CX-Dual Battery, Hero Electric Optima CX-Single Battery, and Hero Electric NYX HS500 ER

Comfort Speed variant with a max speed of 25 km/hr (LX): Hero Eddy, Hero Electric NYX E5, and Hero Electric Atria LX

Ampere Vehicles

The country’s fourth biggest 2W seller—Ampere—is owned by Greaves Cotton, which is an Indian engineering company specializing in engine and heavy equipment manufacturing.

As part of its plan to increase market share in the Indian EV space, Greaves Electric Mobility (Greaves Cotton’s e-mobility wing) launched its largest EV plant in Tamil Nadu, with an initial capacity to produce 1.20 lakh units annually.

Ather Energy

Ather Energy occupied the fifth position on the list of India’s top-rated two wheeler EV companies in India. The company was founded in 2013 by Tarun Mehta and Swapnil Jain.

Ather Energy is known for building fast and intelligent electric scooters, including the Ather 450X and the Ather 450 Plus. Moreover, the company has established the Ather Grid—the electric vehicle charging infrastructure across the country.

In addition, India’s powerful EV bike and scooter range includes Oben Rorr (Oben Electric), Revolt RV400 (Revolt Motors), Tork Kratos R (Tork Motors), Simple One (Simple Energy), and TVS iQube Electric (TVS Motor Company).

Top Electric Three-Wheeler Manufacturers in India

Traditionally, autos and rickshaws have been the most commonly used passenger carriers and road transport vehicles for carrying passengers and goods from one location to another.

Over the years, EV makers came up with a broad range of electric three-wheelers that are easy to buy, operate, and maintain, while reducing harmful emissions. In the Financial Year 2024-25 the sales of electric three-wheelers reached 1,59,235 units, marking a 57% growth over the 1,01,581 units sold in the previous financial year.

Now, let us see the top electric three-wheeler companies in India:

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Mahindra Electric

In 2010, Mahindra & Mahindra partnered with the Reva Electric Car Company to create Mahindra Reva Electric Vehicles, which was later rebranded as Mahindra Electric Mobility Limited.

Apart from electric cars, the pioneer of EV technology in the country offers electric 3-wheelers, including:

• Mahindra Alpha Mini

• Mahindra Treo

• Mahindra Treo Zor

Mahindra Treo is the company’s first low-maintenance three-wheeler powered by advanced lithium-ion technology, which offers best-in-class interior space and superior ride quality.

On the other hand, Mahindra Treo Zor is one of the highest-selling EVs in India, with the highest-in-class payload, optimum driving range, and superior fuel savings.

Piaggio Vehicles

Piaggio Vehicles Pvt. Ltd. (PVPL) offers a wide range of vehicles in last-mile transportation, including electric 3-wheeler cargo vehicles:

• Piaggio Ape E-city

• Piaggio Ape E-Xtra

Euler Motors

Launched in 2018 by Saurav Kumar, Euler Motors is a well-known name in electric 3-wheelers. Hiload EV is the company’s first electric 3-wheeler in the cargo segment.

Atul Auto

Atul Auto Limited is a leading electric vehicle manufacturer in India and is among the world’s top 5 three-wheeler brands. The company offers a variety of three-wheelers in the cargo and passenger vehicle segments, including the electric 3-wheeler termed “Elite” (Atul Elite Cargo).

Lohia Auto

Lohia Auto is a major electric three-wheeler company in India, with an impressive portfolio of electric 2- and 3-wheelers, and diesel 3-wheelers. It is also one of the founding members of SMEV (Society of Manufacturers of Electric Vehicles).

Kinetic Green

Kinetic Green was founded in 2015. Kinetic Safar Jumbo is stated to be India’s first high-performance electric cargo three-wheeler.

Electric autos and rickshaws are cheaper, cleaner, faster, and quieter contrary to ICE vehicles running on CNG, diesel, and petrol. Furthermore, these electric vehicles have a lower total cost of ownership.

Take a look at how the top-rated electric three-wheeler cargo vehicles compare with each other:

*Prices and specifications are subject to change.

Upcoming Electric Bikes and Scooters in India

Here are some electric bikes and scooters expected to be launched in 2025-2026 (listed alphabetically):

Wrapping Up

Electric vehicles—especially, 2-wheelers and 3-wheelers—have become increasingly popular due to cost efficiency, noiseless and pollution-free operation, and minimal maintenance compared to conventional petrol-powered bikes and scooters.

Electric two- and three-wheeler vehicles, such as e-autos, e-bikes, e-scooters, and e-rickshaws, are available in a variety of colors, sizes, and specifications.

Increased investments, supportive government (central and state) policies and subsidies, and other significant growth drivers are accelerating electric vehicle manufacturing in India’s booming EV market.

While electric two-wheelers are extremely popular as passenger vehicles, electric three-wheelers play a key role in last-mile passenger and cargo mobility. Together, these are redefining electric mobility in India.

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