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10 Best EV Startups - 2022
As vehicular pollution has received greater limelight in the recent years causing global warming, clean mobility is set to play a big role in tackling the issue. The prowess of technology and electric energy electric vehicles (EVs) are substantially comprehending the purpose, while many Indian electric vehicle(EV) startups such as Ather Energy, Altigreen, BOLT and Baaz Bikes are now sustainable solutions of this. Though, the electric vehicles industry is at a nascent stage in India, its market size valued at $681.51 million in 2021, is grow from $1,415.65 million in 2022 to $47,292.45 million by 2029, exhibiting a CAGR of 65.1 percent, according to Fortune Business Insights. Considerably increased vehicular emission in major cities such as Delhi, Mumbai, Bangalore, and Hyderabad,...
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10 Best EV Startups - 2022
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Our subscribers play a decisive role in finalization of our annual list of Top EV Startups - 2022 by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Name | Company Management | Company Description |
|---|---|---|---|
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Ather Energy | Tarun Mehta, Founder | Bangalore-based EV Startup that is already making it big in the EV 2-wheeler space and is pretty popular amongst the Youth |
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Bud E | Vijay Madduri, Kedar Selgamshetty & Vamsi Karumanchi, Co-Founders | Indian cities are experiencing an urban mobility crisis, with levels of congestion, noise, and pollution |
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ECOEV | By K Munshi , Founder | Offers sustainable & eco-friendly energy saving machines, two wheelers, and three wheelers for interior use in airports, shopping malls, IT campuses, railway stations, factories, farm sectors and many more |
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Elecnovo | Ratul Borah, Founder | They offers electric motors and electronic controllers for a wide range of EVs |
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Emote Electric | Pranav Singanapalli, Founder | They believe in protecting the environment and offering customers a thrilling riding experience at the same time |
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Euler Transportation Electrified | Saurav Kumar,, Founder | Their aim is to create superior alternatives to traditional mobility and eradicate barriers for mass adoption of EVs in India |
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Tork | Kapil Shelke, Founder | It is a Pune-based EV Startup that unveiled India’s First Electrical motorcycle, Tork T6X, in September 2016 |
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Ultraviolette Automotive | Narayana Subramaniyam, Founder | They are working with a vision to create and inspire the future of sustainable urban transportation through accelerated innovation |
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Varcas Automobiles | Ram Vemireddy , CEO | Has developed products in both low speed & high speed and achieved 100 percent localization content |
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Yulu | Hemant Gupta,, Founder | Technology-driven mobility platform that enables Integrated Urban Mobility across public and private modes of transport |
