Hero Electric, the EV wing of Hero MotoCorp, is in the pack of electric two-wheeler manufacturers in 2021. Here we are going to give information about the top five electric two wheeler manufacturers present in India, which have earned the most in the last year.
1. Hero Electric
Indigenous electric vehicle maker Hero Electric Vehicles continues to be the leading electric two-wheeler manufacturer in India, with a market share of over 30 percent. Hero Electric has sold a total of 46,260 units of electric scooters in the year 2021.
Hero Electric sold 6,058 electric two-wheelers in December alone. Hero Electric currently sells nine electric scooters in India. These include Photon HX, Optima HX (dual battery), Optima HX (single battery), NYX HX (dual battery), Optima LX, Optima LX, Flash LX and Atria LX.
2. Okinawa Autotech
Electric two-wheeler maker Okinawa Autotech has emerged as the second largest manufacturer in the segment in 2021. Currently, Okinawa Autotech has a market share of over 20 percent in the electric two-wheeler segment. Last year, 29,945 units of Okinawa were sold.
However, it emerged as the leading manufacturer with sales of 6,098 units in December. Okinawa currently offers six models for the Indian customers. These include electric scooters like i-Praise, Praise, Ridge Plus, R30, Lite and Dual. The price of the scooter ranges from Rs 59,000 to Rs 1.09 lakh.
3. Ather Energy
Bengaluru-based EV startup Ather Energy has now grown in stature to become one of the leading two wheeler manufacturers in India. Ather Energy sold 15,921 units of its electric scooters last year, garnering over 11 per cent market share.
In December last year, Ather Energy sold 1,810 units of its electric scooters. Ather Energy currently only offers two models in India. These include the Ather 450 and Ather 450X models. Their price goes up to Rs 1.40 lakh (ex-showroom).
4. Ampere Vehicles
Ampere Vehicles, which is part of the Greaves Cotton Company, is the fourth largest electric two-wheeler manufacturer in India. In the year 2021, the company sold 12,470 units of its electric scooters in India, on the basis of which the company has achieved a market share of more than eight percent.
Looking at the December 2021 sales only, Ampere Vehicles beat Ather Energy with 3,343 units. Ampere Vehicles currently sells five models to the Indian customers. These include Reo, Reo Elite, Magnus EX, Magnus Pro and Zeal.
5. Pure EV
PuREnergy, an electric two-wheeler startup that made its debut just five years back, has achieved a huge market success in a short span of time. The two-wheeler maker under the Pure EV brand has emerged as the fifth largest electric two-wheeler manufacturer in India last year.
It sold 11,039 units in the year 2021 and has a market share of more than seven percent. In December last year, the company had sold 1,684 units. The company currently sells four models in India which include EPluto 7G, Etrance Neo, Etrance and Etron Plus.