In India like everywhere, the electric vehicle (EV) revolution is gaining ground. Numerous electric car firms have emerged on the Indian market as a result of rising environmental awareness and a move toward sustainable transportation. We will look at some of the top electric car businesses in India that are listed on the National Stock Exchange (NSE) in this post.
Tata Motors Limited:
Leading Indian automaker Tata Motors has achieved major advancements in the electric vehicle market. The corporation has gained a substantial market share since the release of its electric models, including the Tata Nexon EV and Tata Tigor EV. Tata Motors’ dedication to environmentally friendly transportation has fueled its expansion in the electric vehicle market.
Mahindra & Mahindra Limited
Another significant player in the Indian electric vehicle market is Mahindra & Mahindra (M&M). The Mahindra e2oPlus and Mahindra e-Verito are two of the company’s popular electric vehicles among the environmentally conscious public. M&M continues to develop new ideas and broaden its selection of electric vehicles thanks to their significant experience in the automotive industry.
Hero MotoCorp Limited
Hero MotoCorp, which is best known for its two-wheelers, has made a move into the electric vehicle market with the Hero Electric brand. The business caters to urban commuters by providing a variety of electric scooters. Hero Electric has made a name for itself in the market and has grown to be a reputable brand in the Indian market for electric vehicles.
Bajaj Auto Limited
With the Bajaj Chetak Electric scooter, Bajaj Auto, which is well known for its motorbikes, has entered the market for electric vehicles. The Chetak Electric has drawn notice thanks to its chic appearance and strong performance. The prospects for the sector in India have been considerably improved by Bajaj Auto’s entry into the electric car market.
ASHOKLEY Limited:
With the introduction of the Ashok Leyland Circuit Electric Bus, leading commercial vehicle maker Ashok Leyland has embraced electric mobility. The company’s success in the electric car market can be attributed to its emphasis on sustainable mobility options. Electric buses made by Ashok Leyland are renowned for their dependability and efficiency.
NSE: EXIDEIND Exide Industries Limited:
Leading battery company Exide Industries has expanded its product line to include batteries for electric vehicles. Exide Industries has established itself as a reliable business partner for several Indian manufacturers of electric vehicles thanks to their competence in battery technology. Their top-notch batteries are essential parts that keep the electric cars on the road running.
NSE: TVSMOTOR TVS Motor Company Limited:
With the TVS iQube Electric scooter, TVS Motor Company has achieved considerable progress in the electric vehicle market. The iQube Electric has drawn notice due to its cutting-edge features and environmentally sustainable operation. TVS Motor Company’s entry into the electric mobility market exemplifies its dedication to eco-friendly transportation options.
NSE code for Lohia Auto Industries is LOHIAAUTO.
India’s leading producer of electric three-wheelers is Lohia Auto Industries. Electric rickshaws and freight trucks made by the firm are widely used throughout the nation. The dedication of Lohia Auto to creating reasonably priced and dependable electric vehicles has aided in the company’s success in the Indian market.
Conclusion:
These National Stock Exchange (NSE)-listed businesses are leading India’s electric vehicle revolution as the market for electric vehicles continues to grow. By releasing a variety of electric vehicles that meet different consumer needs, Tata Motors, Mahindra & Mahindra, Hero MotoCorp, Bajaj Auto, Ashok Leyland, Exide Industries, TVS Motor Company, and Lohia Auto Industries have shown their dedication to sustainable mobility. These businesses are influencing how transportation will be used in India in the future with their cutting-edge products and technology developments. Aside from helping to create a cleaner future, investing in these publicly traded electric car firms offers excellent development prospects in the industry.
