Top 15 EV Companies in India: The 2024 Guide

The electric vehicle (EV) industry in India is booming and is estimated to hit a market size of $2 trillion by 2030. The growing sector offers opportunities in production, design, testing, and more to skilled professionals looking for new and exciting opportunities. If you wish to pursue a career in this industry, refer to this blog on the top EV companies in India to discover the best companies in the domain.

Best Electric Vehicle Companies in India

India’s automotive industry expects 40% of vehicles to be electric by 2030 in the two-wheeler and three-wheeler categories. This creates a promising landscape for professionals looking for employment opportunities in the automotive sector. Here’s a comprehensive list of the top EV companies in India that you can explore to kick-start your career in the industry:

1. Tata Motors

Tata Motors is a leading electric vehicle company in India with a significant market share of 75%. As India’s largest EV manufacturer, it has established itself as a major player in the industry. The company manufactures electric cars including the Tigor EV and Nexon EV. It also provide fast EV charging solutions through Tata Power EZ Charge. 

The company has announced its plan to launch ten all-electric vehicles by 2025. This move is a part of their commitment to promoting electric mobility and contributing towards a greener future. The upcoming EVs showcase the company’s dedication to innovation and sustainability.

Estimate Highest Salary: ₹138.0 LPA

Employee Benefits:

Tata Motors offers the following employee benefits:

• Excellent Salary Performance-Based Incentives
• Career Growth Opportunities
• On-the-Job Training
• Flexible Work Environment
• Health insurance and Daycare Facilities
• Corporate Social Responsibility

2. Mahindra Electric

Mahindra Electric is one of the first players in the electric vehicle market and owns innovative EV cars like the eKUV100 and eVerito. The company has shaped the face of Indian transportation with sustainability. 

Mahindra Electric has been developing eco-friendly vehicles boasting reliable performance with efficient battery technology, and affordable pricing for the Indian market. This indicates that the company aims to thrive in the electric vehicle market, improving and enhancing the nation’s EV infrastructure, thereby increasing the count of electric vehicles in its lineup.

Estimate Highest Salary: ₹45 LPA

Employee Benefits:

Mahindra Electric offers the following employee benefits:

• Health Insurance
• Professional Development
• International Exposure
• Joining bonuses and Mobile Bill Reimbursements 
• Work-Life Balance

3. MG Motor India

MG Motor India entered the market briskly and gained momentum in its marketing. Within a short period, the brand successfully positioned itself as an industry leader, particularly with its flagship model, the MG ZS EV. The brand is known for instilling high technology along with premium features in its electric vehicles. Thus offering Indian consumers a full-on electric driving experience. It emphasizes safety, performance, and connectivity, thus becoming the favorite among urban electric vehicle buyers.

The company also believes in sustainability and is expected to deliver on its promise of wide-scale EVs and strengthen the ecosystem of electric mobility in India, further cementing its position in the rapidly growing EV market.

Estimate Highest Salary: ₹55 LPA

Employee Benefits:

MG Motor India offers the following employee benefits:

• Health Insurance Benefits
• Transport Facilities
• Work from Home Policy
• Education Assistance

4. Hero Electric

Another electric vehicle company in India is Hero Electric. It is one of the top EV companies in India, offering a wide range of electric scooters and bikes. Hero Electric is a leader in affordable electric two-wheelers, providing scooters and bikes like the Optima and Flash. The company’s goal is to broaden the accessibility of electric mobility by establishing an extensive distribution network throughout India.

Estimate Highest Salary: ₹47.14 LPA

Employee Benefits:

Hero Electric offers the following employee benefits:

• Education Loans and Scholarships
• Flexi Timings and Company-Sponsored Courses
• Opportunities for Spouses
• Learning and Development Initiatives
• Hero Care Programme

 5. Ather Energy

Ather Energy is a startup gaining attention in the Indian EV industry with the Ather 450X electric scooter. The company focuses on innovation, design, and technology tailored for Indian consumers. 

The company not only provides robust EVs but also solves the issues related to charging by providing personal, public, and neighborhood fast charging equipment. The company is developing smart systems to improve customer interactions and streamline decision-making processes.

Estimate Highest Salary: ₹49.4 LPA

Employee Benefits:

Ather Energy offers the following employee benefits:

• Insurance Benefits
• Retirement Benefits
• Vacation Policy
• Continuous Learning Programs
• Capability-Building Initiatives
• Relocation Benefits
• Maternity/Paternity Leaves
• Sabbaticals
• Employee Assistance Program
• Team Member Discount on the Ather 450X

6. Okinawa Autotech

Okinawa Autotech specializes in electric two-wheelers, offering models like the Okinawa Ridge+ and Okinawa Praise. The company focuses on sustainable mobility solutions and affordable electric vehicles for the Indian market. The company aims to expand its product range to cater to different consumer needs. Furthermore, Okinawa Autotech with its fast-charging EV, is on a mission to make daily commutes easy and comfortable. 

Estimate Highest Salary: ₹43.77 LPA

Employee Benefits:

Okinawa Autotech offers the following employee benefits:

• Salaries & Perks
• Work-Life Balance
• Management Support
• Health Insurance
• Retirement Plans
• Employee Welfare Programs
• Career Development

7. Revolt Motors

Revolt Motors stands out for its electric motorcycles like the RV400 and RV300, featuring swappable batteries and AI-enabled functionalities for enhanced user experience and convenience. The company prioritizes innovation and cutting-edge technology in the EV sector. Revolt Motors is working on introducing unique features like swappable batteries and AI-enabled functionalities in their electric motorcycles to enhance user experience and convenience making it among the top EV companies in India.

Estimate Highest Salary: ₹76.08 LPA

Employee Benefits:

Revolt Motors offers the following employee benefits:

• Health Insurance
• Meal in Cafeteria
• Retirement Benefits
• Office Cab/Shuttle

8. Lohia Auto Industries

Lohia Auto Industries is transforming the automobile industry with green and eco-friendly solutions. They offer a wide range of electric vehicles that are efficient, reliable, clean, pollution-free, and noise-free. It is a prominent manufacturer of electric vehicles, including electric scooters and three-wheelers. 

The company is committed to sustainable transportation solutions and affordable electric mobility. Some of their popular two-wheelers are Fame and OMA. Their famous three-wheelers include Humsafar and Narain. 

Estimate Highest Salary: ₹34.50 LPA

Employee Benefits:

Lohia Auto Industries offers the following employee benefits:

• Free Meal
• Office Cab/Shuttle
• Health Insurance
• Job/Soft Skill Training

9. Ampere Electric

Ampere Electric, one of the best electric vehicle companies in India, specializes in electric scooters and bikes. They have developed some impressive e-scooters like the Ampere Magnus and Zeal. The company is on a mission to drive India towards Har Gully Electric with its affordable EVs. The company aims at enhancing battery technology for a longer range and developing smart features to improve the overall user experience of electric vehicles. 

Estimate Highest Salary: ₹20.8 LPA

Employee Benefits:

Ampere Electric offers the following employee benefits:

• Health Insurance
• Job/Soft Skill Training
• Free Meals
• 401K Plan
• Cafeteria

10. Kia Motors

Kia Motors strategically leads the Indian electric vehicle market with models, such as the Kia EV6. A futuristic design with innovative technology and superior performance make them uniquely popular among Indian consumers. This company aims to capitalize on this growing interest in sustainable transportation and transform reliable, stylish, and eco-friendly EVs into a reality.

In addition, Kia will focus on building much-needed infrastructure for EVs and offering a wide range of electric vehicles to lead the move toward greener transportation in India. As such, by focusing on sustainable mobility, Kia Motors is all set to spearhead the new Indian EV landscape, which is evolving. 

Estimate Highest Salary: ₹42.2 LPA

Employee Benefits:

Kia Motors offers the following employee benefits:

• Medical, Prescription Drug, Dental & Vision Coverage
• Life and Disability Insurance
• Company Car Program
• Smart Working Policies
• Career Growth Opportunities

 11. Ola Electric

Ola Electric, a subsidiary of Ola, aims to revolutionize electric mobility in India with a wide range of electric vehicles. The company focuses on affordability, sustainability, and technology development for Indian consumers. In addition to the environment and its customers, Ola aims to make the lives of its employees better and more comfortable. The company has created a work culture emphasizing professional growth, flexibility, and work-life balance. 

Estimate Highest Salary: ₹95.9 LPA

Employee Benefits:

Ola Electric offers the following employee benefits:

• Health Insurance Benefits
• Transport Facilities
• Work from Home Policy
• Education Assistance

12. Bajaj Auto Limited

Bajaj Auto Limited is one of the best electric vehicle companies in India. It is a key player in the Indian automotive industry, venturing into electric mobility with models like the Bajaj Chetak Electric. The company focuses on blending tradition with innovation in its electric vehicles. 

Bajaj Auto Limited has a legacy of excellence and a commitment to shaping the future of electric mobility. The company aims to combine iconic design elements with modern technology to create electric vehicles that resonate with Indian consumers.

Estimate Highest Salary: ₹98.9 LPA

Employee Benefits:

Bajaj Auto Limited offers the following employee benefits:

• Health Insurance 
• Office Cab Service
• Free Meal
• Professional Degree Assistance
• Performance Bonus

13. BluSmart

Blusmart is India’s first largest all-electric ride-hailing platform offering clean and sustainable mobility solutions. It now operates on a 100 percent electric vehicle fleet with zero emissions and contributes to reducing pollution from vehicles in urban areas. BluSmart also aims to give an app-based ride service without surge pricing.

Born just a few years ago, BluSmart is growing fast because it is planning to deploy thousands of electric vehicles and charging stations in the coming years. The company works toward an ambitious vision of revolutionizing urban transportation through innovation in electric mobility.

Estimate Highest Salary: ₹20 LPA

Employee Benefits:

BluSmart offers the following employee benefits:

• Competitive Salaries
• Performance-based Bonuses
• Career Growth and Leadership Opportunities
• Work-from-Home Option
• Health Insurance
• Flexible Work Hours

14. JBM Auto

JBM Auto is a leading name in the electric vehicle and the automobile sector of India, exclusively dealing with electric buses and sustainable mobility. JBM Group is a company that operates in sectors like manufacturing, engineering, and mobility. JBM Auto specializes in electric buses through the ‘Eco-Life’ brand and has ensured zero-emission public transport.

The company offers robust and high-performance electric buses that are in service across several cities, forming part of the green transport revolution in India. Their key focus is on safety, sustainability, and innovation in the EV space.

Estimate Highest Salary: ₹35 LPA

Employee Benefits:

JBM Auto offers the following employee benefits:

• Competitive Salary Packages
• Health and Accident Insurance
• Professional Development Programs
• Exposure to International Markets
• Employee Stock Option Plans (ESOPs)
• Pension Plans

15. Hyundai

Hyundai has emerged as a leader in the electric vehicle market in India through its flagship EVs, including Hyundai Kona Electric and Ioniq 5. The company is synonymous with innovation in auto tech globally. It is making an effective difference in the growth of electric mobility in India. Hyundai’s electric models boast the most advanced technology, long driving range, and fast charging facilities. Furthermore, Hyundai is committed to sustainability with its future vision of releasing more electric vehicles and advancing EV infrastructure in India, putting it as one of the frontier players in the global EV market.

Estimate Highest Salary: ₹50 LPA

Employee Benefits:

Hyundai offers the following employee benefits:

• Competitive Salary with Annual Bonuses
• Comprehensive Health Insurance
• Subsidized Meals and Travel Allowances
• On-Site Health and Wellness Programs
• Training and Development Opportunities
• Housing Allowance and Relocation Assistance

Tips to Get a Job in EV Companies

The electric vehicle (EV) industry is rapidly expanding, creating job opportunities for both engineers and professionals from non-engineering backgrounds. To succeed in this dynamic field, candidates need to stand out by having the right experience and a unique approach that differentiates them from others. Here are some valuable tips to help you secure a rewarding position in the rapidly expanding EV sector:

1. Develop Specialized Industry Skills: Major in sought-after skills like electric vehicle design, battery technology, power electronics, and EV infrastructure. Individual knowledge of areas like vehicle dynamics and renewable energy integration will put you one step ahead in your profession.
2. Earn EV-Specific Certifications: Add to your resume specific industry-based certifications like electric mobility, battery management systems, and automotive engineering. Most employers will find these certificates as a testament to your excellence and a guaranteed asset.
3. Network Strategically in the EV Sector: Network strategically within the electric vehicle industry and attend workshops, conferences, and webinars on electric vehicles and sustainable technologies. Building relationships with industry professionals and keeping abreast of thought leaders can lead to job opportunities.
4. Gain Hands-On Experience in Green Projects: Apply for electric vehicle internships, research work, or volunteering in any groups working on sustainability and EV technology. Green initiatives will give you hands-on practical experience in working towards the cause, and that is bound to make you more employable in this industry.
5. Stay Updated with Industry Trends: Keep yourself informed and updated with the latest EV technologies, charging infrastructure, and the policy landscape of governments towards electric mobility. This knowledge of the current trends will make you a thinking-forward candidate.
6. Customize Your Resume for EV Roles: Tailor your resume with appropriate technical skills, achievements, and experiences suitable for EV job requirements. Highlight your projects, which give a point for your passion for electric mobility and green solutions.

Conclusion 

With rising concerns related to pollution and increasing global warming, Indian marketing is shifting towards a greener and more sustainable mode of travel. Electric vehicles have gained popularity due to their smart features including no noise and smoother driving experience. If you are someone searching for an exciting industry to work in, then look no further; the EV industry is booming with tremendous growth opportunities. Partner with these top EV companies in India for professional growth, enhanced lifestyle, and a greener world!

What inspired you to explore EV as a career option? Let us know in the comments below! Also, don’t forget to check out our blog on the best job search strategies to land your dream job with ease!

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