Top 10 Electric Car Companies in India | Manufacturers 2025

Code: MTA8010 Publication Date: Aug 2025

Top 10 Electric Car Companies in India

According to 6Wresearch internal database and industry insights, the India Electric Car Market is projected to grow substantially, growing at a CAGR of around 9.67% during the forecast period (2025-2031).

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.

List of Leading Companies in the India Electric Car Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Mahindra Electric Mobility Limited

Company NameMahindra Electric Mobility Limited
Establishment Year2010
HeadquartersBengaluru, Karnataka, India
Official WebsiteClick 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.

2. Tata Motors Limited

Company NameTata Motors Limited
Establishment Year1945
HeadquartersMumbai, Maharashtra, India
Official WebsiteClick 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.

3. MG Motor India Pvt Ltd

Company NameMG Motor India Pvt Ltd
Establishment Year2017
HeadquartersGurugram, Haryana, India
Official WebsiteClick 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.

4. BYD India Private Limited

Company NameBYD India Private Limited
Establishment Year2007
HeadquartersChennai, Tamil Nadu, India
Official WebsiteClick 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.

5. Mercedes-Benz India

Company NameMercedes-Benz India
Establishment Year1994
HeadquartersPune, Maharashtra, India
Official WebsiteClick 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.

6. Hyundai Motor India Limited

Company NameHyundai Motor India Limited
Establishment Year1996
HeadquartersGurugram, Haryana, India
Official WebsiteClick 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.

7. Kia India Pvt Ltd

Company NameKia India Pvt Ltd
Establishment Year2019
HeadquartersGurugram, Haryana, India
Official WebsiteClick 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 company’s global sustainability goals.

8. Strom Motors

Company NameStrom Motors
Establishment Year2016
HeadquartersMumbai, 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.

9. Olectra Greentech Limited (Electric Cars Division)

Company NameOlectra Greentech Limited
Establishment Year2000
HeadquartersHyderabad, Telangana, India
Official WebsiteClick 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.

10. Pravaig Dynamics

Company NamePravaig Dynamics
Establishment Year2011
HeadquartersBengaluru, Karnataka, India
Official WebsiteClick 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.

Top 10 Electric Car Companies in India: FAQs

Key factors driving growth include government incentives, rapid charging infrastructure development, consumer awareness, and increased investments in EV technology.
India Electric Car Market is expected to grow at a CAGR of approximately 9.67% during the forecast period 2025–2031.
Major players include Tata Motors, MG Motor, Hyundai, and BYD India.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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