The automotive industry is undergoing a significant change, where new technologies and advanced features are driving the world. Moreover, people are looking for the most sustainable solutions in their day-to-day lives. Gone are the days when the rising rates of fossil fuels were one of the primary concerns of the middle-class population. Now, we are embracing the future and its possibilities. This has been possible because of electric vehicles. EV companies are now helping people save more in the long run and making their rides not just affordable but also comfortable.
Business landscape in Bangalore
Bangalore, with its host of opportunities for people of all kinds across various sectors, is one of the most thriving cities in the country. Some of the biggest names in tech startups are located in Bangalore, along with other industry giants. In fact, the $150 billion tech sector of India is in Bangalore, which means about 10% of the overall gross domestic product of the country. Added to this, a large number of electric vehicle companies, biotechnology firms, management companies, and agencies from the infrastructure industry are soaring high in Bangalore.
Top 10 EV companies in Bangalore
Ather Energy
Industry: Automobile, Electric Vehicles & Dealers
Sub Industry: Automobiles, Electric Vehicle
Company Type: Industry Top
Location: Bhavani Nagar, S.G. Palya, Bengaluru, Karnataka 560029
Founded: 2013
Ather is one of the most trusted EV companies in the country, with two excellent models – Ather 450X and Ather 450S ranging between Rs 1.2 lakhs to Rs 1.4 lakhs. The company has established a two-wheeler fast-charging network, making EV experiences all the more comfortable and affordable for people by providing Ather Grid Public Fast Chargers, which allow you to pay via their mobile app.
Ola Electric Technologies
Industry: Automobile, Electric Vehicles & Dealers
Sub Industry: Automobiles, Electric Vehicle
Company Type: Industry Top
Location: Hennur Gardens, Bengaluru, Karnataka 560043
Founded: 2021
Ola Electric Technologies was founded with the goal of preparing people for the future with the help of technology and electronics. They have 200+ ready Hyperchargers and Ola Care+ service, which ensures that customers are served what they deserve – excellence! Currently, they offer three EV models – Ola S1 Pro (2nd Gen), Ola S1 Air, and Ola S1X (New+). Ola EVs are excellent options.
Poise Scooters
Industry: Automobile, Electric Vehicles & Dealers
Sub Industry: Automobiles, Electric Vehicle
Company Type: Industry Top
Location: Tumkur Rd, Industrial Suburb 2nd Stage, Yeswanthpur, Bengaluru, Karnataka 560022
Founded: 2020
Providing the most rigorously tested electric vehicles checked by certification bodies in Bangalore, Poise Scooters is emerging as the best in the business. The NX 120 and Grace models have been widely loved by customers because of the removable battery pack, three years of warranty on the battery, and a broad speed range.
NDS Eco Motors
Industry: Automobile, Electric Vehicles & Dealers
Sub Industry: Automobiles, Electric Vehicle
Company Type: Industry Top
Location: Aavalahalli, Bengaluru, Karnataka 560049
Founded: 2015
The goal of NDS Eco Motors is to ensure that their customers get an affordable yet efficient electric vehicle that helps them commute costs in the long run and takes them closer to the technology-driven future that awaits us in the decades to come. They have a state-of-the-art manufacturing centre to build electric vehicles that are all set to rule the automotive industry.
Pravaig Dynamics
Industry: Automobile, Electric Vehicles & Dealers
Sub Industry: Automobiles, Electric Vehicle
Company Type: Industry Top
Location: Mahadeva Kodigehalli, Bengaluru, Karnataka 562149
Founded: 2011
Known for its powerful electric cars like Pravaig DEFY, Pravaig Dynamics is emerging as the top EV company in the country. All their automobiles are excellent and built, keeping the standard safety requirements of the industry in mind. Aimed for long-lasting rides and ergonomic architecture in mind, Pravaig’s EVs have the most eco-friendly materials as well.
Ecoyan Electric Motor Vehicles
Industry: Automobile, Electric Vehicles & Dealers
Sub Industry: Automobiles, Electric Vehicle
Company Type: Industry Top
Location: Electronic City, Bengaluru, Karnataka 560100
Founded: 2016
Ecoyan Electric Motor Vehicles is known to build the most effective and eco-friendly e-rickshaws and e-carts for people in Bengaluru. It is accredited by the Automotive Research Association of India (ARAI) & RTO Karnataka. What sets Ecoyan apart is that the company provides various customisation options that enable consumers to get an enjoyable yet comfortable ride!
Prevalence Green Solutions
Industry: Automobile, Electric Vehicles & Dealers
Sub Industry: Automobiles, Electric Vehicle
Company Type: Industry Top
Location: Banashankari, Bengaluru, Karnataka 560062
Founded: 2015
Prevalence Green Solutions is one of the top names when looking for the top manufacturer and supplier of electric vehicles in Bangalore. From golf carts to buses and mall trains to cargo carts, the brilliant minds at Prevalence Green Solutions have it all for you. They aim to make the environment a cleaner place by eliminating the usage of fossil fuels like petrol and diesel.
Emflux Motors
Industry: Automobile, Electric Vehicles & Dealers
Sub Industry: Automobiles, Electric Vehicle
Company Type: Industry Top
Location: Kaveri Layout, S.G. Palya, Bengaluru, Karnataka 560029
Founded: 2016
Emflux Motors is one of the leading providers of smart e-bikes and superbikes at budget-friendly rates in Bangalore. They are known for the bold and sporty designs of their bikes, powerful breaks, and advanced suspensions. Emflux also uses the most innovative induction motors and Samsung Li-ion batteries in these superbikes, allowing you to experience the best of what EVs have to offer.
SWYTCHD Mobility
Industry: Automobile, Electric Vehicles & Dealers
Sub Industry: Automobiles, Electric Vehicle
Company Type: Industry Top
Location: Sahakarnagar, Bangalore, India, 50092
Founded: 2021
With an official licence from the Karnataka State Transport Authority, SWYTCHD allows people to save more on transportation while also making life convenient for them. They have a vast range of bike and car options. The company has also been featured on Shark Tank India and StartupPedia, among many others.
Ultraviolette Automotive
Industry: Automobile, Electric Vehicles & Dealers
Sub Industry: Automobiles, Electric Vehicle
Company Type: Industry Top
Location: Amarjyoti Layout, Domlur, Bengaluru, Karnataka 560071
Founded: 2016
Ultraviolette Automotive offers the most rigorously tested bikes that are eligible to be driven even on off-road terrains, making e-bikes accessible to those who love thrill and adventure. Their F77 bike is designed keeping in mind the technological advancements of the future. Hence, it provides ride analytics, navigation control, and various driving modes to ensure that you have an enriching experience.
Commercial real estate demand in Bangalore
Office space: Given the city has the 4th highest GDP in the country, which is primarily driven by sectors like IT, software, management, etc., the demand for commercial real estate in Bangalore is high and expected to skyrocket in the near future.
Rental property: Several companies find it more convenient and inexpensive to operate their workforce from a rental office. These offices come packed with facilities and amenities, reducing the headache of management and operations specialists. Thus, the demand for rental properties is also increasing in Bangalore.
Impact of EV companies in Bangalore
EVs are increasing in terms of popularity and demand, especially because of their extended cost-saving features. With so many EV companies establishing their corporate offices, manufacturing plants, and store chains across the city, and many more to come, it is no surprise that Bangalore is generating more and more job vacancies as time passes. As these companies expand their horizons, the city will also grow to become more innovative, for instance, with the establishment of more charging stations. As a result, the real estate business is also expected to boom, with not just commercial space requirements but an increase in the demand for rental and private properties as well.
FAQs
Is EV better than petrol?
With zero tailpipe emissions, electric vehicles are reducing the amount of pollution created due to transportation, and hence, they are better than petrol.
Who is the leader in EV in Bangalore?
Some of the top names of EV companies in Bangalore include Ather Energy, Ola Technologies, NDS Eco Motors, Emflux Motors, etc.
How many km can an EV last?
The maximum distance an EV can last in a single full charge is 320 to 500 kilometres, depending on the vehicle.
What is the future of EVs in India?
More Indians will adopt electric vehicles in the coming future, putting India at the top of the globe in terms of growth rate, which is 44.5% CAGR between 2020 and 2025.
What is the lifetime of an EV?
An EV will last for approximately 10 to 20 years.
Will EV be cheaper in India?
As the expenditure on batteries will reduce by 2030, EVs will become cheaper than their fossil fuel alternatives.
Is EV good for long drives?
Of course, you need to choose a route with charging stations if you are going for long drives on your EV.
Will EVs replace petrol?
Yes, EVs are all set to replace petrol-driven vehicles in the near future.
Is it best to buy an EV?
Technology and innovation are expanding their wings in the automobile sector, and the future will be driven by them. Hence, it is a great idea to buy an EV.
What are the advantages of EVs?
EVs have many advantages, like low running costs, lesser maintenance expenses, tax benefits, more storage, and easy charging at home.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
