The e-bike industry in India is expected to experience a compound annual growth rate (CAGR) of 12.9% between 2022 and 2027. E-bikes are equipped with integrated electric motors and rechargeable batteries, providing assistance in propulsion. They offer the convenience of adjustable thumb throttle or pedal assist, which enhances the riding experience, especially in hilly areas, inclines, and rough terrain, while also reducing strain on joints. E-bikes serve as affordable, flexible, versatile, and portable transportation options that are cost-effective and environmentally friendly. They require minimal road space and do not produce any emissions. Below is a compilation of the leading 10 electric bicycle companies in India.
Best electric bicycles companies in India
1. Hero Lectro E-Cycles
Hero Lectro E-cycles, a subsidiary of Hero Cycles Limited, focuses on manufacturing bicycles and sporting goods. The company specializes in a wide range of e-cycles, cargo e-bikes, and her-cycles, which come with different modes including pedelec, throttle, cruise, and pedal modes. They are committed to constantly improving their products by incorporating innovative features that provide a smooth and convenient e-biking experience. Moreover, Hero Lectro E-cycles is dedicated to introducing eco-friendly, high-speed models that are battery-assisted, to revolutionize transportation and make short-distance commutes more accessible throughout India.
2. EMotorad
EMotorad (EM) has established a reputation as a leading manufacturer of high-quality electric bicycles within the EV industry, with several years of experience. Their lineup of electric cycles is meticulously crafted to cater to the diverse requirements of customers while delivering a distinctive riding experience. These e-bikes are specifically designed to accommodate adventurous journeys as well as daily commuting, and they are offered at affordable price points, ensuring accessibility for a wide range of individuals.
3. Nexzu
Nexzu Mobility is an up-and-coming electric cycle manufacturer in India, dedicated to providing a diverse selection of electric cycles tailored to meet the specific requirements of customers. Nexzu electric cycles stand out due to their incorporation of advanced components and innovative features, such as a dual battery system, a cold rolled steel frame, and a removable battery. The dual battery system allows Nexzu electric cycles to achieve an extended range of up to 100 km per charge. Alongside these cutting-edge components, Nexzu electric cycles are equipped with dual disc brakes for optimal stopping power, a front suspension to ensure a comfortable ride, and offer various health benefits.
4. SS Electric Vehicles
SS Electric Vehicles is a renowned company that specializes in crafting top-tier electric vehicles. Their primary objective is to provide a greener and more sustainable alternative that tackles the escalating issues of air and noise pollution. Their extensive array of offerings encompasses e-loaders, e-cargo vehicles, electric tricycles/trikes, e-rickshaws, electric bicycles, electric bicycle conversion kits, and spare parts for electric vehicles (EVs). The company places equal emphasis on battery-powered (Electric-Drive) and manually pedal-driven EVs within their product range.
5. Trek Bicycle Corporation
Trek Bicycle Corporation, a family-owned enterprise, holds a prominent position as the foremost producer of bicycles available through specialized retailers. With its recent venture into the Indian market, the company strives to offer an elevated purchasing and ownership experience for cycling enthusiasts in India. Their comprehensive product range encompasses helmets, shoes, road bikes, men’s bikes, lights, mountain bikes, women’s bikes, equipment, and jerseys. These products are meticulously manufactured and distributed under esteemed brand names like Trek, Electra Bicycle Company, Diamant Bikers, and Bontrager.
6. SK EBICYCLE LLP
Established in 2017, SK EBICYCLE LLP is an innovative Limited Liability Partnership firm leading the way in green technology. With a specialization in manufacturing electrical machinery, their main emphasis is on creating urban electric bikes that exude elegance, prioritize ergonomics, and boast lightweight construction.
7. Nibe E-motor Limited
Nibe E-motor Limited is a specialized company dedicated to the production of cutting-edge and environmentally conscious electric vehicles, with a particular focus on the two-wheeler market. With a diverse department responsible for the design, development, manufacturing, and trading of E-vehicles, the company delivers high-quality, eco-friendly E-bikes and electricals. Their core mission is to develop green mobility solutions that cater to individuals who embrace active and sustainable lifestyles.
8. PURE EV
PURE, an acronym for Power Using Renewable Energy, is fully committed to accelerating the transition to sustainable energy sources. Operating under the brands “PURE EV” and “PURE Lithium,” the company is engaged in the manufacturing of electric scooters, motorcycles, and high-performance lithium-ion batteries. To support EV powertrain development and testing, PURE has established a dedicated manufacturing unit and an advanced research and development facility located in Hyderabad.
9. Motovolt
Motovolt (MV) excels in providing high-quality smart e-bikes that boast a multitude of advanced features. As a result, MV has established itself as one of the premier electric bicycle manufacturers not only in India but also globally. Motovolt’s electric cycles are equipped with a robust motor capable of reaching speeds up to 25 mph, ensuring a thrilling ride. Additionally, their electric cycles incorporate a unique pedal-assist system, allowing riders to easily customize the intensity of their biking experience. Alongside the powerful motor, Motovolt electric cycles showcase sophisticated components such as lithium-ion batteries and regenerative brakes, effectively reducing operational costs.
10. Elektron Cycles
Elektron Cycles is renowned for its electric bicycles that excel in performance, thanks to their cutting-edge design and advanced technology. These electric bicycles incorporate state-of-the-art features, including IoT integration, to enhance mileage per charge, comfort, and convenience. With superior components, materials, and the inclusion of global positioning systems (GPS), Elektron Cycles prioritizes the development of eco-friendly products. These bicycles not only help reduce carbon footprints but also promote the overall well-being of society.
Conclusion
The Indian electric bicycle market is experiencing remarkable expansion, fueled by the rising need for sustainable and effective transportation alternatives. The top 10 electric bicycle companies highlighted in this article are leading the charge in this transformative movement, providing inventive electric bicycles tailored to meet diverse consumer needs. With their dedication to green technology and an emphasis on delivering top-notch performance, these companies are shaping the trajectory of two-wheeler mobility in India. Electric bicycles are gaining significant popularity among eco-conscious individuals seeking greener and healthier means of transportation, be it for daily commutes, leisure activities, or sports.