The India e-bike market size reached USD 1,302.9 Million in 2024. Looking forward, the market is projected to reach USD 3,000.5 Million by 2033, exhibiting a growth rate (CAGR) of 8.70% during 2025-2033. The top companies in the India e-bike industry are driving growth through a series of technological upgrades, product launches, and strategic investments. Many manufacturers are introducing mobile applications integrated with smart e-bike monitoring systems (SEMS), enabling riders to track performance, monitor fitness goals, and receive real-time data on their smartphones. At the same time, companies are focusing on the development of high-energy density rechargeable batteries that are cost-effective, durable, and offer extended range, which is making e-bikes more appealing to mass-market buyers.
Leading brands are also channeling resources into innovations aimed at enhancing efficiency, ride quality, and safety features. Improvements in charging infrastructure, supported by collaborations between manufacturers and local authorities, are further strengthening the ecosystem and encouraging wider adoption. Several players are positioning themselves at the forefront of R&D, working on precision technologies such as advanced non-contact torque sensors that enhance measurement accuracy and overall product reliability. Additionally, rising fuel costs and consumer demand for cleaner mobility are prompting companies to align their offerings with sustainability goals, ensuring their models remain competitive in a changing market. Backed by these efforts, the India e-bike sector is gaining strong momentum, with key players setting the stage for long-term growth.
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The India e-bike market has several major players, including Elecson, EMotorad (Inkodop Technologies Private Limited), Hero Lectro E-Cycles, Lekeamp, Ninety One Cycles, SK Ebicycle LLP, Stryder Cycle Pvt Ltd, Toutche Electric, Virtus Motors Private Limited, Voltebyk, and Voltrix Mobility Private Limited. More information about these companies has been provided below.
Establishment: |
2012 |
Headquarters: |
Rourkela, Odisha |
Website: |
https://evelecson.com |
Elecson is an emerging e-bike brand from Odisha that focuses on affordable and accessible green mobility solutions. The company manufactures electric bicycles tailored for daily commutes and recreational use, aiming to meet the rising demand for sustainable travel in small and medium-sized cities. Elecson highlights energy efficiency and reliability, offering riders an alternative to conventional two-wheelers. Its models are designed to provide high mileage, comfort, and minimal maintenance. With increasing awareness around eco-friendly transportation, Elecson is building a strong niche in India’s evolving e-bike ecosystem.
Establishment: |
2016 |
Headquarters: |
Pune, Maharashtra |
Website: |
https://www.emotorad.com/ |
EMotorad (EM) is a fast-growing e-bike manufacturer in India blending modern technology with affordability. The company designs e-bikes across categories like city commuting, off-road adventure, and fat-tire models. EMotorad emphasizes battery efficiency, stylish design, and user-friendly features to cater to urban and recreational riders. Its international presence spans over 18 countries, reflecting its rapid global growth. The brand also invests heavily in R&D to introduce smart features such as IoT-enabled tracking and performance monitoring. Positioned as a premium-yet-affordable brand, EMotorad aims to make green mobility mainstream in India and abroad.
Establishment: |
2019 |
Headquarters: |
Kalyan (West), Maharashtra |
Website: |
https://www.lekeamp.com/ |
Lekeamp is a relatively new entrant in the Indian e-bike industry, focusing on stylish, reliable, and performance-driven electric bicycles. The company offers products designed for daily commuting and fitness enthusiasts, with emphasis on rider comfort and smart integration. Lekeamp markets itself as a brand that merges affordability with modern design. It aims to serve younger riders and professionals seeking an eco-friendly alternative for urban travel. With a growing product portfolio and increasing visibility, Lekeamp is working to establish itself as a competitive choice in India’s fast-growing micro-mobility and e-bike market.
Establishment: |
2015 |
Headquarters: |
Ahmedabad, Gujarat |
Website: |
https://www.outdoors91.com/ |
Ninety One Cycles, operated by AlphaVector, has become one of India’s most prominent modern bicycle and e-bike brands. Its e-bikes are designed to cater to both urban commuters and adventure riders, with features like lightweight alloy frames, powerful motors, and superior ergonomics. The company leverages direct-to-consumer sales via its online platform, alongside retail networks. Ninety One’s branding emphasizes active lifestyles, adventure, and sustainability. Its collaboration with KTM further highlights its ambition to bring world-class cycling products to Indian consumers. By blending technology, comfort, and style, Ninety One is building a strong identity in the premium e-bike segment.
Establishment: |
2009 |
Headquarters: |
Ludhiana, Punjab |
Website: |
https://stryderbikes.com/ |
Stryder Cycles, a subsidiary of Tata International, is a trusted name in bicycles and e-bikes. The company offers a wide product portfolio, from premium mountain bikes to electric cycles and kids’ bikes. Its e-bikes focus on durability, long battery life, and convenience for urban commutes. With Tata’s backing, Stryder benefits from strong distribution and after-sales service across India. The company aims to combine affordability with innovation to cater to a wide consumer base. By continuously updating designs and focusing on eco-friendly alternatives, Stryder is reinforcing its presence in the growing electric mobility sector.
Establishment: |
2018 |
Headquarters: |
Mysore, Karnataka |
Website: |
https://www.toutche.com/ |
Toutche Electric is known for its Heileo range of smart e-bikes that combine style, comfort, and advanced technology. The company designs products for commuters, fitness enthusiasts, and recreational riders, focusing on lightweight frames, integrated batteries, and long-range performance. Toutche emphasizes blending technology and design by offering app-based connectivity features for tracking rides and performance. Its e-bikes are built for Indian road conditions, ensuring comfort and durability. Positioned as a premium yet practical brand, Toutche Electric is carving out space among urban consumers who seek an eco-friendly and connected cycling experience.
Establishment: |
2016 |
Headquarters: |
Hyderabad, Telengana |
Website: |
https://www.virtusmotors.in/ |
Virtus Motors is an innovative e-bike company that focuses on high-performance models designed for daily commuting and fitness. The company emphasizes reliability, strong build quality, and advanced features that appeal to both professional and casual riders. Virtus aims to create e-bikes that balance affordability with superior technology. It also highlights the importance of reducing carbon emissions through sustainable mobility solutions. With its expanding product range and focus on customer-centric design, Virtus Motors is gradually gaining recognition as a brand that caters to modern Indian commuters seeking cleaner and more efficient alternatives.
Establishment: |
2019 |
Headquarters: |
Tirupati, Andhra Pradesh |
Website: |
https://voltebyk.com/ |
Voltebyk has positioned itself as a leading provider of affordable electric bicycles and DIY conversion kits. The company’s focus is on accessibility, enabling customers to convert existing bicycles into e-bikes. Voltebyk e-bikes are designed for long-range use, offering between 60–100 km per charge depending on the model. Its product range caters to students, professionals, and leisure riders who want a cost-effective and eco-friendly mode of transport. With a reputation for affordability, customization, and innovation, Voltebyk is gaining popularity in India’s rapidly expanding e-bike market, especially among budget-conscious consumers.
Establishment: |
2019 |
Headquarters: |
Chennai, Tamil Nadu |
Website: |
https://voltrix.bike/ |
Voltrix Mobility is an Indian electric mobility company producing e-bikes that emphasize style, innovation, and functionality. Its flagship model, Tresor, is designed with ergonomic geometry, high-quality components, and advanced battery systems. The company targets urban professionals and fitness enthusiasts who value premium quality and cutting-edge design. Voltrix Mobility aims to create products that seamlessly blend performance and comfort while maintaining affordability compared to global counterparts. By promoting sustainable urban commuting, the company is building its brand as a forward-looking player in India’s e-bike industry.
Establishment: |
2020 |
Headquarters: |
Gurugram, Haryana |
Website: |
https://www.herolectro.com/ |
Hero Lectro E-cycles, a division of Hero Cycles Limited, is a manufacturer of sporting goods and bikes. The company offers a unique range of e-cycles, cargo e-bikes, and her-cycles in pedelec, throttle, cruise, and pedal modes. It is also constantly working towards developing newer and better features to provide a hassle-free e-biking experience. In addition, Hero Lectro E-cycles are introducing models that are eco-friendly, fast-moving, and battery-assisted to revolutionize mobility and short-distance commutes in India.
Establishment: |
2017 |
Headquarters: |
Mumbai, Maharashtra |
Website: |
https://www.beinghumanecycle.com |
SK EBICYCLE LLP is a Limited Liability Partnership firm that strives to pioneer in the field of green technology. The company is a manufacturer of electrical machinery and aims to create urban electric bikes that are more elegant, ergonomic, and lightweight.
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