Code: MTA8010 | Publication Date: Aug 2025 |
The growth of India Electric Car Industry is mainly due to rising environmental concerns, government incentives, expanding EV infrastructure, and technological advancements in battery performance. Also, rising fuel costs and the growing urban population's demand for sustainable mobility are furthering the adoption of electric cars in India.
This report emphasizes the Top 10 Electric Car Companies in India, as acknowledged through widespread analysis conducted by 6Wresearch internal database. Directed by in-depth market evaluation and industry experts, these leading companies have been known as the primary leaders driving growth and innovation in the India Electric Car Industry.
Below is a comprehensive list of the leading market players driving growth in this sector:
Company Name | Mahindra Electric Mobility Limited |
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Establishment Year | 2010 |
Headquarters | Bengaluru, Karnataka, India |
Official Website | Click Here |
Mahindra Electric is a pioneer in India's EV journey, offering models like the eVerito and XUV400. It emphasizes innovation, localization, and last-mile connectivity, making EVs accessible for both personal and commercial use.
Company Name | Tata Motors Limited |
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Establishment Year | 1945 |
Headquarters | Mumbai, Maharashtra, India |
Official Website | Click Here |
Tata Motors leads the Indian EV market with popular models such as the Nexon EV and Tiago EV. Known for reliability, affordability, and strong consumer trust, Tata Motors has created mass-market acceptance for EVs in both urban and semi-urban regions.
Company Name | MG Motor India Pvt Ltd |
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Establishment Year | 2017 |
Headquarters | Gurugram, Haryana, India |
Official Website | Click Here |
MG Motor India has built a reputation as a tech-forward EV brand, offering models like the ZS EV and Comet EV. The company blends international design standards with advanced safety and connected features.
Company Name | BYD India Private Limited |
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Establishment Year | 2007 |
Headquarters | Chennai, Tamil Nadu, India |
Official Website | Click Here |
A subsidiary of Chinese EV giant BYD, the company has introduced models such as the BYD e6 MPV and Seal EV in India, catering to both commercial fleets and private buyers.
Company Name | Mercedes-Benz India |
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Establishment Year | 1994 |
Headquarters | Pune, Maharashtra, India |
Official Website | Click Here |
Mercedes-Benz India brings luxury EVs to the market with models like the EQB and EQS. Positioned for premium buyers, the brand emphasizes performance, range, and a legacy of engineering excellence.
Company Name | Hyundai Motor India Limited |
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Establishment Year | 1996 |
Headquarters | Gurugram, Haryana, India |
Official Website | Click Here |
Hyundai has leveraged its global EV expertise in India with the Kona Electric and Ioniq 5. The company focuses on premium offerings, futuristic designs, and advanced features to strengthen its EV presence.
Company Name | Kia India Pvt Ltd |
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Establishment Year | 2019 |
Headquarters | Gurugram, Haryana, India |
Official Website | Click Here |
Kia has entered India's EV space with the EV6, showcasing advanced features and high-end performance. It targets the premium EV market while aligning with the companyâs global sustainability goals.
Company Name | Strom Motors |
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Establishment Year | 2016 |
Headquarters | Mumbai, Maharashtra, India |
Official Website | - |
Strom Motors is a startup focused on compact, urban-centric electric cars designed for metro cities. Its models emphasize affordability, minimalism, and energy efficiency, catering to eco-conscious city dwellers.
Company Name | Olectra Greentech Limited |
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Establishment Year | 2000 |
Headquarters | Hyderabad, Telangana, India |
Official Website | Click Here |
Primarily known for electric buses, Olectra is gradually exploring electric cars for niche B2B and institutional applications, supporting India's EV adoption across public and commercial fleets.
Company Name | Pravaig Dynamics |
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Establishment Year | 2011 |
Headquarters | Bengaluru, Karnataka, India |
Official Website | Click Here |
Pravaig Dynamics is an Indian EV startup building luxury electric vehicles like the Pravaig Defy. With a focus on premium design, safety, and performance, it targets elite buyers seeking futuristic mobility.