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The company sold electric vehicles in different segments – the electric sedan eVerito, the electric commercial vehicle eSupro (passenger and cargo), and the Treo range of low maintenance, lithium-ion battery-powered three-wheelers. Mahindra Electric became the first Indian car manufacturer to cross 170 million kilometres travelled on its fleet.
Bajaj is the world's largest manufacturer of auto rickshaws and accounts for almost 84% of India's three-wheeler exports. During the FY 2012–13, it sold approx. 4,80,000 three-wheelers which was 57% of the total market share in India. Out of these 4,80,000 three-wheelers, 47% were sold in the country and 53% were exported.
Going forward, Anglian is looking to invest US$300–600 million in its e-mobility venture as it is committed to build India's first global electric cargo company. [9] [10] Omega Seiki Mobility, with their French partner Systemics, are planning to launch hydrogen-powered three-wheelers in India with a range of 700 km with a two kg cylinder. [11]
Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. [2] [3] The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. [4]
The company is co-founded by Chetan Maini, the founder of the Reva Electric Car Company [13] (now known as Mahindra Last Mile Mobility Limited), Uday Khemka, Vice Chairman of SUN Group, and Ajay Goel, Co-Founder & Executive Director. [14] Anant Badjatya is the current CEO of the India business, since March 2022. [15]
The company's origins lie in the 1970s, when Jagjivanbhai Chandra sought to modify motorcycles to make transport to meet the needs of rural areas of Saurashtra, and adapted the engines from golf carts scrapped by the Maharaja of Jamnagar, resulting in his first chhakada vehicles. [2]
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Eicher Motors Limited is an Indian multinational automotive company that manufactures motorcycles and commercial vehicles, headquartered in New Delhi. Eicher is the parent company of Royal Enfield, a manufacturer of middleweight motorcycles. It also manufactures Eicher branded trucks and buses, under a joint venture with Volvo Group [3].