The electric vehicle (EV) revolution rapidly transformed the Indian transportation landscape, with electric scooters leading the charge. As we move into 2025, the competition among electric scooter companies is heating up, with established players and emerging startups vying for market share.
Here’s a look at the top 10 electric scooter companies in India, based on their latest market share in 2024:
| EV Manufacturer | TOTAL Sales in 2024 |
Market Share (%) |
|---|---|---|
| Ola Electric | 4,07,547 | 36.08% |
| TVS Motor Co | 2,20,495 | 19.52% |
| Bajaj Auto | 1,93,439 | 17.12% |
| Ather Energy | 1,26,165 | 11.17% |
| Hero MotoCorp | 43,165 | 3.82% |
| Greaves Electric Mobility | 35,058 | 3.10% |
| Bgauss Auto | 18,027 | 1.60% |
| Kinetic Green Energy | 11,457 | 1.01% |
| Wardwizard Innovations | 10,914 | 0.97% |
| Revolt Intellicorp | 9,951 | 0.88% |
Source: Vahan Dashboard (Govt. Data)
1. Ola Electric
Sales: 4,07,547 units
Market share: 36.08%
Ola Electric has solidified its leadership in the Indian EV market with its feature-rich S1 series scooters, aggressive marketing, and expanding charging infrastructure. Its consistent focus on innovation and affordability keeps it ahead of the competition.
2. TVS Motor Co
Sales: 2,20,495 units
Market share: 19.52%
TVS Motors has made significant strides with its iQube series, offering reliable and efficient urban commuting solutions. With its extensive dealer network and trusted brand name, TVS continues to grow in the EV space.
3. Bajaj Auto
Sales: 1,93,439 units
Market share: 17.12%
Bajaj Auto has successfully reintroduced the Chetak electric scooter, blending classic design with modern technology. Its strong brand reputation and quality-focused approach keep it among the market leaders.
4. Ather Energy
Sales: 1,26,165 units
Market share: 11.17%
Ather Energy has carved a niche in the premium electric scooter segment with its technologically advanced 450 series. The company focuses on smart features, high performance, and customer satisfaction.
5. Hero MotoCorp
Sales: 43,165 units
Market share: 3.82%
Hero MotoCorp is steadily growing its presence in the EV segment, leveraging its brand reputation and nationwide reach. The company continues to develop electric scooters tailored to the Indian market.
6. Greaves Electric Mobility
Sales: 35,058 units
Market share: 3.10%
A key player in affordable electric mobility, Greaves Electric Mobility offers practical and economical scooters catering to a broad customer base, including daily commuters and fleet operators.
7. Bgauss Auto
Sales: 18,027 units
Market share: 1.60%
Bgauss Auto is emerging as a strong contender with its focus on quality and affordability. Its scooters target urban riders seeking efficient and stylish electric mobility solutions.
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8. Kinetic Green Energy
Sales: 11,457 units
Market share: 1.01%
Kinetic Green has made a name for itself in the sustainable mobility segment, emphasizing eco-friendly and affordable electric scooters for Indian consumers.
9. Wardwizard Innovations
Sales: 10,914 units
Market share: 0.97%
Wardwizard Innovations, known for its Joy e-bike range, is steadily gaining traction, focusing on budget-friendly, high-quality electric two-wheelers.
10. Revolt Intellicorp
Sales: 9,951 units
Market share: 0.88%
Revolt Motors has expanded beyond electric motorcycles into the scooter segment, emphasizing AI-driven performance and cutting-edge technology.
Final Thoughts
India’s electric scooter market is poised for continued growth in 2025, led by dominant players such as Ola Electric, TVS, and Bajaj.
With evolving technology and increasing consumer demand, competition will intensify, paving the way for innovations and improved EV solutions.
The future of the electric scooter industry in India depends on companies’ ability to adapt, scale production, and enhance customer experience in this dynamic market.