In the fight to save the environment and increase green energy, several auto car and bike companies are working to build better electric vehicles to achieve net-zero emission targets.
In 2024, TATA Motors to bring several new electric vehicles into the car segment while OLA is the current leader in the wheeler electric vehicle segment. India is rapidly getting new vehicles and in 2023 the nation received a remarkable growth in electric vehicle (EV) adoption, which has surged by approximately 50%.
In terms of the two-wheeler electric vehicle category, the registrations witnessed a 34% year-on-year (YoY) increase, reaching 8.49 lakh units in 2023. Here in this article, we will check the list of best electric two-wheeler companies.
Best Electric Two Wheeler Companies of 2023
1. OLA ELECTRIC
265995 (2023 Units)
109382 (2022 Units)
YOY Growth 143%
Market Share - 31%
2. TVS MOTOR
166287 (2023 Units)
47185 (2022 Units)
YOY Growth 252%
Market Share - 19%
3. ATHER ENERGY
104336 (2023 Units)
51773 (2022 Units)
YOY Growth 102
Market Share 12%
4. BAJAJ AUTO
76627 (2023 Units)
25315 (2022 Units)
YOY Growth 203
Market Share 9%
5. AMPERE VEHICLES
67041 (2023 Units)
81942 (2022 Units)
YOY Growth -18
Market Share 8%
6. OKINAWA AUTOTECH
31613 (2023 Units)
103549 (2022 Units)
YOY Growth -69
Market Share 4%
7. HERO ELECTRIC
29800 (2023 Units)
98939 (2022 Units)
YOY Growth -70
Market Share 3%
8. OKAYA EV
15786 (2023 Units)
8913 (2022 Units)
YOY Growth 77
Market Share 2%
9. BGAUSS AUTO
11424 (2023 Units)
1983 (2022 Units)
YOY Growth 476
Market Share 1%
10. HERO MOTOCORP
11061 (2023 Units)
182 (2022 Units)
YOY Growth 5977
Market Share 1%
Electric Two Wheeler Sales Record 2023
Staring with the leader Ola Electric once again ranked at the number 1 position in the electric two-wheeler sales. As per the data, the company has gained 2,65,995 units sale record in 2024. In second position, TVS Motor Company Ltd. recorded 1,66,287 units in yearly sales, a significant increase from the 47,185 units sold in 2022.
In third position Ather Energy secured the rank with a notable performance, joining 1,04,336 units compared to 51,773 units in the previous year. Bajaj Auto ranked at the fourth position gaining sales of 76,627 units compared to 25,315 units in 2022. At number five, Ampere Vehicles sold 67,041 units, a decrease compared to the 81,942 units sold in 2022.
Securing the sixth position, Okinawa Autotech reported sales of 31,613 units, a huge decrease from the 1,03,549 units sold in 2022. In the seventh rank, Hero Electric Vehicles Private Limited sold 29,800 units, a massive decrease from the 98,939 units sold in 2022. This leads to a year-on-year growth of -70%. At the eighth position, Okaya EV Pvt Ltd reported sales of 15,786 units, reflecting a relatively small increase from the 8,913 units sold in 2022.
Bgauss Auto Private Limited holds the ninth position with sales of 11,424 units in 2023, a substantial increase from the 1,983 units in 2022. In the tenth position, Hero Motorcorp Pvt Ltd recorded a total sale record of 11,082 units in 2023, marking a substantial increase from the mere 182 vehicles sold in 2022.
Upcoming Electric Bikes in India 2024 - 2025
Here we will check the list of all the upcoming electric scooters which are expected to launch in India in the year 2024-2025.
Ather 450 Apex
Estimated Price- Rs 1.60 Lakh
Expected Release - Jan, 2024
BSA Electric Bike
Estimated Price- Rs 2.50 Lakh
Expected Release - Feb, 2024
Revamp Moto RM Mitra
Estimated Price- Rs 1.06 Lakh
Feb, 2024
LML Star
Estimated Price- Rs 1 Lakh
Mar, 2024
Honda Activa Electric
Estimated Price- Rs 1.10 Lakh
Mar, 2024
Eko Tejas E-Dyroth
Estimated Price- Rs 1.30 Lakh
Mar, 2024
Tork Electric Bike
Estimated Price- Rs 1.50 Lakh
Mar, 2024
Kinetic e-Luna
Estimated Price- Rs 80,000
Mar, 2024
Lectrix EV LXS G 3.0
Estimated Price- Price to be announced
Mar, 2024
Suzuki Burgman Electric
Estimated Price- Rs 1.20 Lakh
Apr, 2024
Tork Kratos X
Estimated Price- Rs 1.82 Lakh
Apr, 2024
Kabira Mobility KM 5000
Estimated Price- Rs 3.15 Lakh
Apr, 2024
Gogoro CrossOver
Estimated Price- Rs 1.20 Lakh
May, 2024
Vespa Elettrica
Estimated Price- Rs 90,000
Jun, 2024
TVS iQube
Estimated Price- Rs 1.56 - 1.62 Lakh
Jun, 2024 Expected Launch
Ampere NXG
Estimated Price- Rs 1.60 Lakh
Jun, 2024
Yamaha Neo's
Estimated Price- Rs 2.50 Lakh
Aug, 2024
SVITCH CSR 762
Estimated Price- Rs 1.65 Lakh
Sep, 2024
Ola Roadster
Estimated Price- Rs 1.50 Lakh
Sep, 2024
Evoke Urban S
Estimated Price- Rs 6 Lakh
Nov, 2024
Gogoro 2 Series
Estimated Price- Rs 1.50 Lakh
Nov, 2024
Ola Adventure
Estimated Price- Rs 3 Lakh
Nov, 2024
Ola Diamondhead
Estimated Price- Rs 3.50 Lakh
Nov, 2024
Tork Electric Scooter
Estimated Price- Rs 1 Lakh
Nov, 2024
Okinawa Oki100
Estimated Price- Rs 1 Lakh
Dec, 2024
New Ather Family Scooter
Estimated Price- Rs 1.30 Lakh
Dec, 2024
Raptee Electric Bike
Estimated Price- Rs 2.90 Lakh
Dec, 2024
Ultraviolette F99
Estimated Price- Rs 8 Lakh
Jan, 2025
Royal Enfield Electric Bike
Estimated Price- Rs 2.50 Lakh
Jan, 2026
Gogoro Supersport
Estimated Price- Price to be announced
Not yet confirmed
Kyte Energy X1
Price to be announced
Not yet confirmed
Triumph TE-1
Estimated Price- Rs 15 Lakh
Not yet confirmed
Evoke Urban Classic
Estimated Price- Rs 6.50 Lakh
Not yet confirmed
Hero Electric AE-8
Estimated Price- Rs 70,000
Not yet confirmed
EeVe Forseti
Estimated Price- Rs 1 Lakh
Not yet confirmed
KTM Electric Scooter
Estimated Price- Rs 1.50 Lakh
Not yet confirmed
eblu SPIN
Price to be announced
Not yet confirmed
Royal Enfield Himalayan Electric
Price to be announced
Not yet confirmed
Okinawa Cruiser
Estimated Price- Rs 1 Lakh
Not yet confirmed
Husqvarna Vektorr Concept
Estimated Price- Rs 1.30 Lakh
Not yet confirmed
eblu Thrill
Price to be announced
Not yet confirmed
Hero eMaestro
Estimated Price- Rs 1 Lakh
Not yet confirmed
Read More: Tata Motors To Launch 3 New EVs In 2024 In India.
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