HomeEV NewsTop E-bike startups in India

    Top E-bike startups in India

    India is the second-biggest cycle maker in the world and produces over 1.5 crore units every year.

    E-cycle market is the most popular market in the world where consumer needs range from the basic features to aspirational technology. Brands need to come up with the most unique products with supreme quality as well as technology. India is the second-biggest cycle maker in the world and produces over 1.5 crore units every year. According to a report, 11.44 million units of bicycles were sold in the country in FY22, and the figure is expected to reach 14.43 million units by 2027 with a CAGR of 5.5% during FY23-27.

    The industry is classified into five product segments – standard, premium, kids, exports, and E-bikes. The top 3 exporters of Bicycle are China, India, and Vietnam. The market share of exports is expected to increase from 8.49% in FY 2022 to 9.71% by the end of 2027.

    Bicycles and E-bikes are becoming more popular due to rising disposable incomes and the fact that they provide an affordable, environmentally friendly alternative to other forms of transportation. Even, though bicycles are the least expensive form of transportation, the rising fuel price in India is driving the growth of the bicycle market.

    Here is the list of top E-cycle startups in India:


    Founded in 2020, Pune-based EMotorad (EM) is an electric vehicle company that strives to bring eco-friendly, futuristic e-bikes at an affordable price for adventure seekers, daily commuters, or casual riders. The EV startup aims to bring across premium quality electric cycles at an affordable price, utilizing its local sourcing and manufacturing capabilities in India. It has since expanded its business to Japan, the UAE, Europe, and Nepal. Alongside onboarding 160+ dealers in India, EM currently is present across 82 towns and cities in India and abroad.

    1. Hero Lectro

    Hero Lectro started selling in India since November 2018. Hero Lectro, the E-cycle brand of Hero Cycles, is the market leader and has the widest E-cycle range in India’s organized market, spanning 8 variants including cycles with and without gears. Hero Lectro is spearheading the revolution in the personal smart e-mobility segment which is even more relevant in these times as it caters to hygiene, personal security, physical fitness, sustainability, and affordability.

    1. Motovolt

    Motovolt was founded in 2020 by Tushar Choudhary. Choudhary is the ex-Promoter of the Kolkata-based Himadri Group of companies which manufactures specialty chemicals. Two years ago, the start-up launched e-cycles which have a pan-Indian presence and are available in four models- HUM, KIVO Easy, KIVO Standard, and ICE. The World of Motovolt. Born with a vision to inspire the e-mobility revolution in India, It is our endeavor to bring smart e-mobility solutions which would positively impact lives across communities and contribute towards a sustainable future. We are committed to providing smart sustainable mobility solutions which would change the way the nation commutes. We are here to ride the wave of change and redefine the future.

    1. Gear Head Motors

    Gear Head Motors, a Hyderabad-based electric vehicle company is a leading provider of innovative electric bicycles and tricycles. With great exposure to the EV industry, the company has reached market standards. Founded by a team of engineers, Nikhil Gunda, and Meher Sai, Gear Head Motors aims to provide a sustainable and cost-effective transportation solution for consumers. Manufacturing 70% of spares in-house, the vehicles stood among the others for their sleek and modern styles, comfortable accessibility, and convenient commute.

    1. Ninety-One Cycles

    Ahmedabad based Ninety-One Cycles is home to the coolest and most well-engineered bicycles in the country. Founded in 2015 with a vision to inspire young India to lead an active lifestyle while reducing our carbon footprint, we pioneered a digital-first approach to experiencing and purchasing cycles. Today, the brand is present in over 300 cities and the community continues to get bigger every day.

    1. Vaan Moto

    The first lifestyle e-mobility start-up in India, VAAN Electric Moto Pvt. Ltd., makes Indian e-bikes for export. VAAN Moto was introduced in 2021 and has showrooms across Kerala (multi-brand retail outlets), Coimbatore in Tamil Nadu (multi-brand retail outlet), Mumbai, and its headquarters there. The brand’s first independent shop in the nation is the showroom in Mumbai, which is located at Atria the Millennium Mall, Worli. The brand also offers Several multi-brand stores are dispersed throughout the city.

    1. Svitch

    Ahmedabad-based electric bike maker Svitch Bike is a young company venturing into the field of Electric Vehicles in India. Svitch manufactures electric bikes with unique designs and features in accordance with the Indian automotive landscape.

    Related Post

    Most Popular

    Best Picks

    Veridify, Overcoming the challenges of OT security in building automation with an STM32

    Despite popular belief, it is possible to secure legacy embedded systems properly, even if they lack today’s iron-clad cryptographic capabilities, the latest protections, or...

    Tsuyo’s Vision for Future Manufacturing: Incorporating Emerging Technologies and...

    Tsuyo Manufacturing is deeply committed to offering highly reliable, robust, and durable products designed to withstand a wide range of exposure and service conditions...

    Revamp Moto’s Vision for Advanced EV Features and Industry...

    Revamp Moto is a dynamic and forward-thinking electric vehicle (EV) startup, firmly committed to providing sustainable and adaptive E-mobility solutions. Their primary focus centres...

    ST and ZF sign multi-year supply agreement for Silicon...

    Silicon Carbide technology is widely used in semiconductor material which are easy to fabricate and provides good general electrical and mechanical properties. However, it...

    Exploring Electrochemical Properties: Unraveling Battery Performance and Behavior

    Automotive Test Systems stands as a trailblazing company with an extensive and diverse background in Product Validation, Structural Testing, Data Acquisition and Analysis, Vehicle...

    WISE Testing Solutions: Comprehensive Products and Services for Vehicle...

    WISE Testing Solutions Pvt. Ltd., a privately held company registered as a limited company, aims to provide a comprehensive range of products and services...

    Anton Paar: Revolutionizing EV Battery Testing with Standardization Initiatives

    Anton Paar, a distinguished company specializing in the development, production, and distribution of precision laboratory instruments and process measuring systems, alongside delivering customized automation...

    Exploring the Challenges and Testing Methods for Electric Vehicle...

    Aimil Ltd. is an esteemed organization celebrated for its exceptional expertise spanning multiple domains such as electric vehicle battery testing (both electrical and mechanical),...

    “The core idea behind u-blox has always been to...

    u-blox develops some of the world’s leading IoT communication and GNSS modules, chips and services supporting the industrial, automotive and consumer markets. Recently Andreas...

    Must Read