Electric Vehicle Market in India 2025-2029

Report
152 Pages
January 2025
Region: India
TechNavio
ID: 5916609

The electric vehicle market in India is forecasted to grow by USD 200.02 billion during 2024-2029, accelerating at a CAGR of 93.9% during the forecast period. The report on the electric vehicle market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of evs for improved logistics and transportation, growing focus on reducing vehicular emissions, and increase in product launches in electric vehicle market.

The electric vehicle market in India is segmented as below:

By Charging

Normal charging
Super charging

By Vehicle Type

Passenger cars
Commercial vehicles

By Type

BEV
PHEV

By Geographical Landscape

APAC

This study identifies the technological advances in EVs as one of the prime reasons driving the electric vehicle market in India growth during the next few years. Also, government incentives and subsidies for EV charger infrastructure developments and integration of telematics and autonomous technologies will lead to sizable demand in the market.

The report on the electric vehicle market in India covers the following areas:

Electric Vehicle Market in India sizing
Electric Vehicle Market in India forecast
Electric Vehicle Market in India industry analysis

A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric vehicle market in India vendors that include ANI Technologies Pvt. Ltd., Ather Energy Pvt. Ltd., ATUL Auto Ltd., Bajaj Auto Ltd., Electrotherm Ltd., EV Motors India Pvt Ltd., Hero Eco Group, Hyundai Motor Co., Jitendra wheels, Kinetic green vehicles, LI-ions Elektrik Solutions Pvt. Ltd., Mahindra and Mahindra Ltd., Maini Corporate Pvt Ltd., RattanIndia Enterprises Limited, Rissala Electric Motors Pvt. Ltd., SAIC Motor Corp. Ltd., Suzuki Motor Corp., Tata Sons Pvt. Ltd., TVS Motor Co., and Ultraviolette Automotive Pvt Ltd. Also, the electric vehicle market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

1 Executive Summary

1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Charging
Executive Summary - Chart on Market Segmentation by Vehicle Type
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Company Market Positioning

2 Market Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis

4 Market Sizing

4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India: Year-over-year growth 2024-2029 (%)
Data Table on India: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Electric Vehicle Market in India 2019 - 2023
Historic Market Size - Data Table on Electric Vehicle Market in India 2019 - 2023 ($ million)
5.2 Charging segment analysis 2019 - 2023
Historic Market Size - Charging Segment 2019 - 2023 ($ million)
5.3 Vehicle Type segment analysis 2019 - 2023
Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ million)
5.4 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 The AI impact on Electric Vehicle Market in India

7 Five Forces Analysis

7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Charging

8.1 Market segments
Chart on Charging - Market share 2024-2029 (%)
Data Table on Charging - Market share 2024-2029 (%)
8.2 Comparison by Charging
Chart on Comparison by Charging
Data Table on Comparison by Charging
8.3 Normal charging - Market size and forecast 2024-2029
Chart on Normal charging - Market size and forecast 2024-2029 ($ million)
Data Table on Normal charging - Market size and forecast 2024-2029 ($ million)
Chart on Normal charging - Year-over-year growth 2024-2029 (%)
Data Table on Normal charging - Year-over-year growth 2024-2029 (%)
8.4 Super charging - Market size and forecast 2024-2029
Chart on Super charging - Market size and forecast 2024-2029 ($ million)
Data Table on Super charging - Market size and forecast 2024-2029 ($ million)
Chart on Super charging - Year-over-year growth 2024-2029 (%)
Data Table on Super charging - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Charging
Market opportunity by Charging ($ million)
Data Table on Market opportunity by Charging ($ million)

9 Market Segmentation by Vehicle Type

9.1 Market segments
Chart on Vehicle Type - Market share 2024-2029 (%)
Data Table on Vehicle Type - Market share 2024-2029 (%)
9.2 Comparison by Vehicle Type
Chart on Comparison by Vehicle Type
Data Table on Comparison by Vehicle Type
9.3 Passenger cars - Market size and forecast 2024-2029
Chart on Passenger cars - Market size and forecast 2024-2029 ($ million)
Data Table on Passenger cars - Market size and forecast 2024-2029 ($ million)
Chart on Passenger cars - Year-over-year growth 2024-2029 (%)
Data Table on Passenger cars - Year-over-year growth 2024-2029 (%)
9.4 Commercial vehicles - Market size and forecast 2024-2029
Chart on Commercial vehicles - Market size and forecast 2024-2029 ($ million)
Data Table on Commercial vehicles - Market size and forecast 2024-2029 ($ million)
Chart on Commercial vehicles - Year-over-year growth 2024-2029 (%)
Data Table on Commercial vehicles - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Vehicle Type
Market opportunity by Vehicle Type ($ million)
Data Table on Market opportunity by Vehicle Type ($ million)

10 Market Segmentation by Type

10.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
10.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
10.3 BEV - Market size and forecast 2024-2029
Chart on BEV - Market size and forecast 2024-2029 ($ million)
Data Table on BEV - Market size and forecast 2024-2029 ($ million)
Chart on BEV - Year-over-year growth 2024-2029 (%)
Data Table on BEV - Year-over-year growth 2024-2029 (%)
10.4 PHEV - Market size and forecast 2024-2029
Chart on PHEV - Market size and forecast 2024-2029 ($ million)
Data Table on PHEV - Market size and forecast 2024-2029 ($ million)
Chart on PHEV - Year-over-year growth 2024-2029 (%)
Data Table on PHEV - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)

11 Customer Landscape

11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 ANI Technologies Pvt. Ltd.
ANI Technologies Pvt. Ltd. - Overview
ANI Technologies Pvt. Ltd. - Product / Service
ANI Technologies Pvt. Ltd. - Key offerings
SWOT
14.5 Ather Energy Pvt. Ltd.
Ather Energy Pvt. Ltd. - Overview
Ather Energy Pvt. Ltd. - Product / Service
Ather Energy Pvt. Ltd. - Key offerings
SWOT
14.6 ATUL Auto Ltd.
ATUL Auto Ltd. - Overview
ATUL Auto Ltd. - Product / Service
ATUL Auto Ltd. - Key offerings
SWOT
14.7 Bajaj Auto Ltd.
Bajaj Auto Ltd. - Overview
Bajaj Auto Ltd. - Business segments
Bajaj Auto Ltd. - Key offerings
Bajaj Auto Ltd. - Segment focus
SWOT
14.8 Hero Eco Group
Hero Eco Group - Overview
Hero Eco Group - Product / Service
Hero Eco Group - Key offerings
SWOT
14.9 Hyundai Motor Co.
Hyundai Motor Co. - Overview
Hyundai Motor Co. - Business segments
Hyundai Motor Co. - Key news
Hyundai Motor Co. - Key offerings
Hyundai Motor Co. - Segment focus
SWOT
14.10 Jitendra wheels
Jitendra wheels - Overview
Jitendra wheels - Product / Service
Jitendra wheels - Key news
Jitendra wheels - Key offerings
SWOT
14.11 Mahindra and Mahindra Ltd.
Mahindra and Mahindra Ltd. - Overview
Mahindra and Mahindra Ltd. - Business segments
Mahindra and Mahindra Ltd. - Key news
Mahindra and Mahindra Ltd. - Key offerings
Mahindra and Mahindra Ltd. - Segment focus
SWOT
14.12 Maini Corporate Pvt Ltd.
Maini Corporate Pvt Ltd. - Overview
Maini Corporate Pvt Ltd. - Product / Service
Maini Corporate Pvt Ltd. - Key offerings
SWOT
14.13 RattanIndia Enterprises Limited
RattanIndia Enterprises Limited - Overview
RattanIndia Enterprises Limited - Product / Service
RattanIndia Enterprises Limited - Key offerings
SWOT
14.14 SAIC Motor Corp. Ltd.
SAIC Motor Corp. Ltd. - Overview
SAIC Motor Corp. Ltd. - Business segments
SAIC Motor Corp. Ltd. - Key offerings
SAIC Motor Corp. Ltd. - Segment focus
SWOT
14.15 Suzuki Motor Corp.
Suzuki Motor Corp. - Overview
Suzuki Motor Corp. - Business segments
Suzuki Motor Corp. - Key offerings
Suzuki Motor Corp. - Segment focus
SWOT
14.16 Tata Sons Pvt. Ltd.
Tata Sons Pvt. Ltd. - Overview
Tata Sons Pvt. Ltd. - Product / Service
Tata Sons Pvt. Ltd. - Key news
Tata Sons Pvt. Ltd. - Key offerings
SWOT
14.17 TVS Motor Co.
TVS Motor Co. - Overview
TVS Motor Co. - Business segments
TVS Motor Co. - Key offerings
TVS Motor Co. - Segment focus
SWOT
14.18 Ultraviolette Automotive Pvt Ltd.
Ultraviolette Automotive Pvt Ltd. - Overview
Ultraviolette Automotive Pvt Ltd. - Product / Service
Ultraviolette Automotive Pvt Ltd. - Key offerings
SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations

List of Exhibits

Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Charging
Exhibits 5: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Company Market Positioning
Exhibits 8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 9: Overview on criticality of inputs and factors of differentiation
Exhibits 10: Overview on factors of disruption
Exhibits 11: Impact of drivers and challenges in 2024 and 2029
Exhibits 12: Parent Market
Exhibits 13: Data Table on - Parent Market
Exhibits 14: Market characteristics analysis
Exhibits 15: Value chain analysis
Exhibits 16: Offerings of companies included in the market definition
Exhibits 17: Market segments
Exhibits 18: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 19: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 20: Chart on India: Year-over-year growth 2024-2029 (%)
Exhibits 21: Data Table on India: Year-over-year growth 2024-2029 (%)
Exhibits 22: Historic Market Size - Data Table on Electric Vehicle Market in India 2019 - 2023 ($ million)
Exhibits 23: Historic Market Size - Charging Segment 2019 - 2023 ($ million)
Exhibits 24: Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ million)
Exhibits 25: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2024 and 2029
Exhibits 27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 32: Chart on Market condition - Five forces 2024 and 2029
Exhibits 33: Chart on Charging - Market share 2024-2029 (%)
Exhibits 34: Data Table on Charging - Market share 2024-2029 (%)
Exhibits 35: Chart on Comparison by Charging
Exhibits 36: Data Table on Comparison by Charging
Exhibits 37: Chart on Normal charging - Market size and forecast 2024-2029 ($ million)
Exhibits 38: Data Table on Normal charging - Market size and forecast 2024-2029 ($ million)
Exhibits 39: Chart on Normal charging - Year-over-year growth 2024-2029 (%)
Exhibits 40: Data Table on Normal charging - Year-over-year growth 2024-2029 (%)
Exhibits 41: Chart on Super charging - Market size and forecast 2024-2029 ($ million)
Exhibits 42: Data Table on Super charging - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Chart on Super charging - Year-over-year growth 2024-2029 (%)
Exhibits 44: Data Table on Super charging - Year-over-year growth 2024-2029 (%)
Exhibits 45: Market opportunity by Charging ($ million)
Exhibits 46: Data Table on Market opportunity by Charging ($ million)
Exhibits 47: Chart on Vehicle Type - Market share 2024-2029 (%)
Exhibits 48: Data Table on Vehicle Type - Market share 2024-2029 (%)
Exhibits 49: Chart on Comparison by Vehicle Type
Exhibits 50: Data Table on Comparison by Vehicle Type
Exhibits 51: Chart on Passenger cars - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Data Table on Passenger cars - Market size and forecast 2024-2029 ($ million)
Exhibits 53: Chart on Passenger cars - Year-over-year growth 2024-2029 (%)
Exhibits 54: Data Table on Passenger cars - Year-over-year growth 2024-2029 (%)
Exhibits 55: Chart on Commercial vehicles - Market size and forecast 2024-2029 ($ million)
Exhibits 56: Data Table on Commercial vehicles - Market size and forecast 2024-2029 ($ million)
Exhibits 57: Chart on Commercial vehicles - Year-over-year growth 2024-2029 (%)
Exhibits 58: Data Table on Commercial vehicles - Year-over-year growth 2024-2029 (%)
Exhibits 59: Market opportunity by Vehicle Type ($ million)
Exhibits 60: Data Table on Market opportunity by Vehicle Type ($ million)
Exhibits 61: Chart on Type - Market share 2024-2029 (%)
Exhibits 62: Data Table on Type - Market share 2024-2029 (%)
Exhibits 63: Chart on Comparison by Type
Exhibits 64: Data Table on Comparison by Type
Exhibits 65: Chart on BEV - Market size and forecast 2024-2029 ($ million)
Exhibits 66: Data Table on BEV - Market size and forecast 2024-2029 ($ million)
Exhibits 67: Chart on BEV - Year-over-year growth 2024-2029 (%)
Exhibits 68: Data Table on BEV - Year-over-year growth 2024-2029 (%)
Exhibits 69: Chart on PHEV - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Data Table on PHEV - Market size and forecast 2024-2029 ($ million)
Exhibits 71: Chart on PHEV - Year-over-year growth 2024-2029 (%)
Exhibits 72: Data Table on PHEV - Year-over-year growth 2024-2029 (%)
Exhibits 73: Market opportunity by Type ($ million)
Exhibits 74: Data Table on Market opportunity by Type ($ million)
Exhibits 75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 76: Impact of drivers and challenges in 2024 and 2029
Exhibits 77: Overview on criticality of inputs and factors of differentiation
Exhibits 78: Overview on factors of disruption
Exhibits 79: Impact of key risks on business
Exhibits 80: Companies covered
Exhibits 81: Company ranking index
Exhibits 82: Matrix on companies position and classification
Exhibits 83: ANI Technologies Pvt. Ltd. - Overview
Exhibits 84: ANI Technologies Pvt. Ltd. - Product / Service
Exhibits 85: ANI Technologies Pvt. Ltd. - Key offerings
Exhibits 86: SWOT
Exhibits 87: Ather Energy Pvt. Ltd. - Overview
Exhibits 88: Ather Energy Pvt. Ltd. - Product / Service
Exhibits 89: Ather Energy Pvt. Ltd. - Key offerings
Exhibits 90: SWOT
Exhibits 91: ATUL Auto Ltd. - Overview
Exhibits 92: ATUL Auto Ltd. - Product / Service
Exhibits 93: ATUL Auto Ltd. - Key offerings
Exhibits 94: SWOT
Exhibits 95: Bajaj Auto Ltd. - Overview
Exhibits 96: Bajaj Auto Ltd. - Business segments
Exhibits 97: Bajaj Auto Ltd. - Key offerings
Exhibits 98: Bajaj Auto Ltd. - Segment focus
Exhibits 99: SWOT
Exhibits 100: Hero Eco Group - Overview
Exhibits 101: Hero Eco Group - Product / Service
Exhibits 102: Hero Eco Group - Key offerings
Exhibits 103: SWOT
Exhibits 104: Hyundai Motor Co. - Overview
Exhibits 105: Hyundai Motor Co. - Business segments
Exhibits 106: Hyundai Motor Co. - Key news
Exhibits 107: Hyundai Motor Co. - Key offerings
Exhibits 108: Hyundai Motor Co. - Segment focus
Exhibits 109: SWOT
Exhibits 110: Jitendra wheels - Overview
Exhibits 111: Jitendra wheels - Product / Service
Exhibits 112: Jitendra wheels - Key news
Exhibits 113: Jitendra wheels - Key offerings
Exhibits 114: SWOT
Exhibits 115: Mahindra and Mahindra Ltd. - Overview
Exhibits 116: Mahindra and Mahindra Ltd. - Business segments
Exhibits 117: Mahindra and Mahindra Ltd. - Key news
Exhibits 118: Mahindra and Mahindra Ltd. - Key offerings
Exhibits 119: Mahindra and Mahindra Ltd. - Segment focus
Exhibits 120: SWOT
Exhibits 121: Maini Corporate Pvt Ltd. - Overview
Exhibits 122: Maini Corporate Pvt Ltd. - Product / Service
Exhibits 123: Maini Corporate Pvt Ltd. - Key offerings
Exhibits 124: SWOT
Exhibits 125: RattanIndia Enterprises Limited - Overview
Exhibits 126: RattanIndia Enterprises Limited - Product / Service
Exhibits 127: RattanIndia Enterprises Limited - Key offerings
Exhibits 128: SWOT
Exhibits 129: SAIC Motor Corp. Ltd. - Overview
Exhibits 130: SAIC Motor Corp. Ltd. - Business segments
Exhibits 131: SAIC Motor Corp. Ltd. - Key offerings
Exhibits 132: SAIC Motor Corp. Ltd. - Segment focus
Exhibits 133: SWOT
Exhibits 134: Suzuki Motor Corp. - Overview
Exhibits 135: Suzuki Motor Corp. - Business segments
Exhibits 136: Suzuki Motor Corp. - Key offerings
Exhibits 137: Suzuki Motor Corp. - Segment focus
Exhibits 138: SWOT
Exhibits 139: Tata Sons Pvt. Ltd. - Overview
Exhibits 140: Tata Sons Pvt. Ltd. - Product / Service
Exhibits 141: Tata Sons Pvt. Ltd. - Key news
Exhibits 142: Tata Sons Pvt. Ltd. - Key offerings
Exhibits 143: SWOT
Exhibits 144: TVS Motor Co. - Overview
Exhibits 145: TVS Motor Co. - Business segments
Exhibits 146: TVS Motor Co. - Key offerings
Exhibits 147: TVS Motor Co. - Segment focus
Exhibits 148: SWOT
Exhibits 149: Ultraviolette Automotive Pvt Ltd. - Overview
Exhibits 150: Ultraviolette Automotive Pvt Ltd. - Product / Service
Exhibits 151: Ultraviolette Automotive Pvt Ltd. - Key offerings
Exhibits 152: SWOT
Exhibits 153: Inclusions checklist
Exhibits 154: Exclusions checklist
Exhibits 155: Currency conversion rates for US$
Exhibits 156: Research methodology
Exhibits 157: Information sources
Exhibits 158: Data validation
Exhibits 159: Validation techniques employed for market sizing
Exhibits 160: Data synthesis
Exhibits 161: 360 degree market analysis
Exhibits 162: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the electric vehicle market in India: ANI Technologies Pvt. Ltd., Ather Energy Pvt. Ltd., ATUL Auto Ltd., Bajaj Auto Ltd., Electrotherm Ltd., EV Motors India Pvt Ltd., Hero Eco Group, Hyundai Motor Co., Jitendra wheels, Kinetic green vehicles, LI-ions Elektrik Solutions Pvt. Ltd., Mahindra and Mahindra Ltd., Maini Corporate Pvt Ltd., RattanIndia Enterprises Limited, Rissala Electric Motors Pvt. Ltd., SAIC Motor Corp. Ltd., Suzuki Motor Corp., Tata Sons Pvt. Ltd., TVS Motor Co., and Ultraviolette Automotive Pvt Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advances in EVs."

According to the report, one of the major drivers for this market is the increasing adoption of evs for improved logistics and transportation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

ANI Technologies Pvt. Ltd.
Ather Energy Pvt. Ltd.
ATUL Auto Ltd.
Bajaj Auto Ltd.
Electrotherm Ltd.
EV Motors India Pvt Ltd.
Hero Eco Group
Hyundai Motor Co.
Jitendra wheels
Kinetic green vehicles
Li-ions Elektrik Solutions Pvt. Ltd.
Mahindra and Mahindra Ltd.
Maini Corporate Pvt Ltd.
RattanIndia Enterprises Limited
Rissala Electric Motors Pvt. Ltd.
SAIC Motor Corp. Ltd.
Suzuki Motor Corp.
Tata Sons Pvt. Ltd.
TVS Motor Co.
Ultraviolette Automotive Pvt Ltd.

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€2491EUR$2,500USD£2,056GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€3986EUR$4,000USD£3,290GBP

The electric vehicle market in India is segmented as below:

By Charging

By Vehicle Type

By Type

By Geographical Landscape

The report on the electric vehicle market in India covers the following areas:

Table of Contents

Executive Summary

Companies Mentioned (Partial List)

Related Topics

Related Reports

Electric Vehicle Market by Component, Vehicle Type, Vehicle Class, Propulsion (BEV, PHEV, FCEV), Vehicle Drive Type (FWD, RWD, AWD), E/E Architecture, Top Speed, Charging Point Type, Vehicle Connectivity, End Use, & Region - Global Forecast 2030

APAC Electric Vehicle - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

Electric Vehicles - Global Strategic Business Report

Electric Vehicle (EV) Market 2025-2029

Electric Vehicles Market in India 2024-2029