Upcoming Electric Vehicle Companies in India

 There are several upcoming electric vehicle (EV) companies in India that are expected to enter the market in the near future. Some of the notable ones include:

1. Ola Electric: Ola Electric is a subsidiary of the Indian ride-hailing company Ola, and it has announced plans to launch a range of electric scooters and motorcycles in the Indian market.

2. Mahindra Electric: Mahindra Electric is a division of the Indian conglomerate Mahindra Group, and it has been manufacturing electric vehicles in India for several years. The company is expected to launch a range of new EV models in the near future.

3. Tata Motors: Tata Motors, one of the largest automakers in India, has already launched the Nexon EV and the Tigor EV in the Indian market. The company is expected to introduce several new EV models in the coming years.

4. MG Motors: MG Motors, a subsidiary of the Chinese automaker SAIC Motor, has launched the MG ZS EV in India and plans to introduce more electric models in the future.

5. Strom Motors: Strom Motors is a start-up that is developing a compact electric car called the Strom R3. The car is designed for urban commuting and is expected to launch in India soon.

These are just a few of the upcoming EV companies in India, and as the Indian government continues to promote electric mobility through incentives and policy measures, we can expect to see more companies enter the market in the coming years.

There are a number of upcoming electric vehicle companies in India that are expected to launch in 2023. According to ^[1]Inventiva, MEML is a significant player in the Indian electric vehicle market and its range of electric cars, buses, and three-wheelers is expected to compete with other electric vehicles such as the Tata Nexon EV and Hyundai Kona Electric. Hriman Motors LLP is another Indian electric vehicle start-up founded in 2018.

Trade India also reports that Tata Motors was one of the earliest automakers in India to get on the electric car bandwagon and now has a minor first-mover advantage.

Financial Express reports that 2023 will see the launch of the Mahindra Thar 4X2 and the Maruti Suzuki Jimny, Fronx.

DesiDime reports that the Tata Nexon EV is the best-selling electric car so far in India.

Finally, CarTrade reports that in 2023, there are 27 Electric cars available in India, including the Citroen eC3, Mahindra XUV400, Hyundai Ioniq 5, BMW i7, and Tata Tiago EV.

Sources:

1. https://www.inventiva.co.in/uncategorized/top-electric-vehicles-companies/

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