Electric Three Wheelers Companies
Specializing in sustainable urban mobility, these companies produce electric three-wheelers designed for commuting and transportation in urban areas, offering eco-friendly transportation options.
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*Disclaimer: List of key companies in no particular order
Latest Company Updates:
October 2023- Piaggio launches 3-wheeler EV in Tamil Nadu; town size does not matter for adoption. Launching an electric three-wheeler in Tamil Nadu, Amit Sagar, Executive Vice President, Piaggio Vehicles Pvt Ltd, said the company has sold over 1,600 units in Agartala, 2,500 in Agra, and over 2,000 electric three-wheelers in Delhi till date. The size of a city or town does not make much of a difference in the adoption of electric vehicles (EVs), particularly three-wheelers, as small towns, too, log the same numbers as big cities.
October 2023- The electric vehicle brand of the Murugappa Group and India's green-only NBFC that is granted to bridging the climate finance gap in the retail sector, Ecofy, Montra Electric, have signed an MoU for electric three-wheeler sponsoring. Ecofy states it will provide monetary aid for both passenger and cargo vehicles, with a focus on gaining a large proportion of this market. The Co-founder, MD & CEO of Ecofy, Rajashree Nambiar, said that Ecofy focuses on playing a crucial part in supporting a sustainable, net-zero emissions outlook by offering financial backing to people and small businesses making eco-sentient options. With the mythological partnership with Montra Electric, the company proposes to provide customized products and an effortless experience that aligns with the certain requirements of customers dedicated to creating a greener future. The Head of Montra Electric 3W Division, Sushant Jena, said that they are happy to ink an MoU with Ecofy in their expedition to advance EV adoption in India by making it simpler for customers to own their product portfolio. Funding has frequently been a substantial barrier to the adoption of commercial Three-wheelers and passenger vehicles. Collaborating with Ecofy, the company intends to battle the challenge and back the government's efforts to promote widespread electric mobility in the country.
Top listed global companies in the industry are:
- Terra Motors Corporation
- Changzhou Yufeng Vehicle Co. Ltd.
- Xianghe Quiangsheng Electric Tricycle Factory
- Jiangsu Kingbon Vehicle Co. Ltd.
- Jiangsu East Yonsland Vehicle Manufacturing Co. Ltd.
- Kinetic Green Energy & Power Solutions Ltd.
- Piaggio Group
- Lohia Auto Industries
- Groupe PSA
- Mahindra Group
- Atul Auto Limited
- Adapt Motors Pvt. Ltd.
- Electrode, and others.
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