Company lists
The Uttar Pradesh edition · 2026

Electric vehiclescompanies in Uttar Pradesh

EV manufacturers, EV charging, batteries & components, rentals & fleets, online EV platforms and more: the companies building electric vehicles in Uttar Pradesh, with their founders, funding, team size and business models.

151 company profiles56 with reported revenue14 with recorded fundingOctober 2026 edition

Recent electric vehicles business events in India

Funding, M&A, contract wins and launches involving 2,153 electric vehicles companies in India, last 24 months: 112 funding rounds · 72 Contracts · 66 launches · 45 M&A deals. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingInvestment

Olectra greentech

OLECTRA GREENTECH is lining up a fresh investment of nearly ₹700 crore as it looks to deepen localisation, expand its electric bus and truck portfolio.

Electric commercial vehicle
FundingSeries A

Tiea connectors

Tiea Connectors also stood out with Rs. 77 crore in Series A funding led by IvyCap Ventures. Jamwant Ventures, 8X Ventures and HNI angel investors also joined the round.

Investors Ivycap ventures, Jamwant Ventures, 8x ventures, HNI angel investors
High-performance connectors / deeptech
FundingQualified Institutions Placement

Ola electric

Ola Electric Mobility Limited announced today, June 1, 2026, that its Fund Raising Committee has approved the opening of a qualified institutions placement of equity shares.

M&AAcquisition · Announced

Kpit acquires Cymotive

KPIT to acquire majority stake Israeli cyber security company Cymotive

Cyber security
M&AAcquisition · Announced

Kpit technologies acquires Maj Jorites Tech

KPIT Technologies announced on Wednesday that it is acquiring Maj Jorites Tech from Israeli firm Symotive to strengthen its capabilities in AI-based automotive cybersecurity.

AI-based automotive cybersecurity
Funding

River

Electric vehicle startup River is in talks to raise approximately $100 million in fresh funding, marking its largest capital infusion since its founding in 2021.

Investors Anicut capital, Claypond Capital, Elev8 venture partners
Electric Vehicle
ContractSupply

Emni · client: Advantex Battery

EMNI announced on April 21 that it has signed a lithium‑ion cell supply contract ... with ADVANTEX Battery.

Battery
Funding

Sarla Aviation

Sarla Aviation and IndiGo have announced a strategic equity investment of ₹10 crore by IndiGo Ventures in Sarla Aviation.

Investors IndiGo Ventures
EVTOL, Urban Air Mobility
ContractSupply

Citroën · client: Cab-e

Citroën has signed a Memorandum of Understanding (MoU) with urban e-mobility firm Cab-E, to introduce over 2000 Citroën ë-C3 EVs in Cab-E’s fleet in the Mumbai and Pune region, this year.

Contract

Ashok leyland · client: Switch mobility

Ashok Leyland is also expected to invest up to $ 200 million (Rs 1,480 crore) in Switch Mobility of which $ 130 million (Rs 962 crore) has already been invested in the entity.

E-mobility
LaunchOtua

Dandera ventures

EV start-up Dandera Ventures today launched Otua, an electric three-wheeler designed for cargo transportation.

Electric three-wheeler
LaunchHiLoad EV

Euler motors

Electric commercial vehicle company Euler Motors today launched its first cargo three-wheeler, the HiLoad EV.

Electric commercial vehicle
Launch

Bijliride

Bijliride has introduced a software-as-a-service platform designed to help enterprises manage electric vehicle fleets, marking the startup's expansion into B2B technology solutions.

Fleet management
LaunchGreaves Eltra cargo e-three-wheeler

Greaves electric mobility

Greaves Electric Mobility has launched its latest three-wheeler, the Greaves Eltra cargo model targeted at last-mile logistics providers.

LaunchELCV

E-Trio

Telengana-based electric vehicle start-up e-Trio today launched India’s first certified retrofitted electric light commercial vehicle (eLCV).

Electric Light Commercial Vehicle
LaunchKinetic DX

Kinetic group

The launch of the Kinetic DX in the two‑wheeler EV segment is the most visible marker of this shift.

Two‑wheeler EV
ContractSupply

Olectra greentech · client: Brihan Mumbai Electric Supply & Transport Undertaking (BEST)

Olectra Greentech Ltd has been awarded a contract from Brihan Mumbai Electric Supply & Transport Undertaking (BEST) for supply of 2,400 electric buses.

Funding

Euler motors

Last month, electric commercial vehicle maker Euler Motors also raised ₹437.5 Cr in a round led by Lightrock, with participation from existing investors Hero MotoCorp and Blume Ventures.

M&AAcquisition · Announced

Tube Investments acquires Infraprime logistics technologies

Murugappa Group engineering company Tube investments of India acquired 65.2% stake in InfraPrime Logistics Technologies (IPLTech), a heavy-duty electric vehicle (EV) manufacturing…

Heavy-duty electric vehicle manufacturing startup
FundingSeries A

Bacancy Systems

Engineering startup Bacancy Systems raised $4.31 million in a Series A round.

Engineering
ContractGovernment

SCharge · client: Technology Development Board

the government body entered an agreement with Scharge Private Limited to develop a next‑generation electric vehicle charging solution for commercial fleet and depot operations under the…

Industrial sustainability, EV charging infrastructure
ContractInfrastructure

Dhabriya polywood · client: Indian Company

Dhabriya Polywood has received the work order worth Rs 34.81 crore (including GST) from Indian Company for Aluminium doors-windows & facade works.

Infrastructure
LaunchAther 450 series

Ather energy

With the Ather 450 series, the Bengaluru-based startup introduced connected dashboards, over-the-air updates, fast charging networks, and smart diagnostics.

Electric scooter
LaunchS1 range

Ola electric

Its S1 range brought electric scooters into mainstream discussion, combining design, performance, and app-based controls.

Electric scooter
FundingSeries A

Bacancy Systems

Bacancy Systems has raised ₹400 million in a Series A funding round led by Sabre Partners and Greenstone Capital, with both investors acquiring minority stakes through primary…

Embedded electronics and power systems for electric vehicles and railway applications
LaunchUV Space Station

Ultraviolette automotive

Ultraviolette Automotive announced the launch of a new UV Space Station in Nagpur, a significant step in expanding its retail and service network across emerging mobility markets in India.

Retail and Service Center
Funding

Pmi Electro Mobility

"KKR has made an investment of $310 million in PMI Electro Mobility, a manufacturer of e-buses); and Allfleet, a subsidiary of PMI that owns and operates e-bus concessions."

Investors Kkr
Electric commercial vehicle manufacturer
Funding

Ecofy

Ecofy, an NBFC focused on financing climate change solutions, raised Rs 380.5 crore ($41 million approx,) from BII and DAIF.

Investors Bii, DAIF
FinTech

Electric vehicles companies in Uttar Pradesh, by revenue

Browse electric vehicles companies in Uttar Pradesh by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 56 electric vehicles companies in Uttar Pradesh that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of mobile phone chargers and adapters

Electric vehicles
₹528.47 crFY 2024-25
-4%2024–2025
207+13% 12 mo to Aug 2024recorded Aug 2024
9 yr2017
0none in 3 months

Manufacturer of electric rickshaws

Electric vehicles
₹115.54 crFY 2024-25
-3%2024–2025
13-4% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions

Energy storage
₹109.28 crFY 2024-25
+124%2024–2025
162+650% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jun 2026

Provider of sustainable mobility charging solutions

Energy storage tech
₹45.67 crFY 2024-25
+645%2024–2025
44LinkedIn · Jul 2026
4 yr2022
0none in 3 months · last posted Jun 2026

Manufacturer of electric vehicle charging components and power electronic systems

Energy storage tech
₹42.61 crFY 2024-25
+213%2024–2025
23LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Developer of battery management systems, chargers, vehicle intelligence modules, and clusters

Energy storage tech
₹34.62 crFY 2024-25
+103%2024–2025
213+124% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer of electric scooters

Electric vehicles
₹25.95 crFY 2021-22
Not reported
—Not available
7 yr2019
0none in 3 months

Manufacturer of electric scooters

Electric vehicles
₹24.41 crFY 2021-22
Not reported
6+0% 12 mo to May 2024recorded May 2024
4 yr2022
0none in 3 months

Manufacturer of multi-category electric vehicles

Electric vehicles
₹26.00 crFY 2024-25
+26%2024–2025
47LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of electric three-wheelers

Electric vehicles
₹22.74 crFY 2024-25
-39%2024–2025
—Not available
21 yr2005
0none in 3 months

Online comparison platform for multiple categories of electric vehicles

Electric vehicles
₹22.05 crFY 2024-25
+57%2024–2025
54LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Developer of electric scooters

Electric vehicles
₹18.78 crFY 2021-22
Not reported
10LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Developer of electric scooters

Electric vehicles
₹18.76 crFY 2024-25
-39%2024–2025
67-58% 12 mo to Aug 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026

Manufacturer of electric two-wheelers, three-wheelers, and diesel three-wheelers

Electric vehicles
₹17.32 crFY 2024-25
+0%2024–2025
247LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jun 2026

Provider of car rental services

Electric vehicles
₹11.53 crFY 2024-25
+89%2024–2025
9LinkedIn · Jul 2026
3 yr2023
0none in 3 months

SaaS and IoT-enabled platform offering electric fleet management solutions

Iot applications
₹10.28 crFY 2024-25
Not reported
28-18% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
0none in 3 months

Provider of lithium-ion batteries

Energy storage tech
₹8.09 crFY 2023-24
-51%2023–2024
12+5% 12 mo to Dec 2023LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Online marketplace providing electric vehicles

Electric vehicles
₹7.88 crFY 2024-25
+668%2024–2025
3-70% 12 mo to Feb 2024recorded Feb 2024
12 yr2014
0none in 3 months

Provider of sustainable EV charging, energy storage, and e-waste solutions

Energy storage tech
₹5.42 crFY 2024-25
-12749%2024–2025
26-25% 12 mo to Jun 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Manufacturer of e-rickshaw and e-carts

Electric vehicles
₹5.41 crFY 2024-25
+10%2024–2025
—Not available
10 yr2016
0none in 3 months

Manufacturer of electric tractors and farming tools for sustainable agriculture

Crop tech
₹5.09 crFY 2024-25
+76%2024–2025
46+11% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Developer of integrated eBike systems including motors, batteries, controllers, and HMIs

Electric vehicles
₹3.78 crFY 2024-25
Not reported
4LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Provider of digital transformation services, cloud solutions, and IT infrastructure

Electric vehicles
₹3.00 crFY 2024-25
+243%2024–2025
19LinkedIn · Jul 2026
4 yr2022
0none in 3 months · last posted Jun 2026

Manufacturer of lithium-ion battery for electric-vehicles

Energy storage tech
₹2.96 crFY 2024-25
+86%2024–2025
9LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Platform offering end-to-end EV charging solutions

Electric vehicles
₹2.57 crFY 2024-25
+223%2024–2025
35LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Jul 2026
50 of 151 companies shown here · the full list is on Radar
Fliar Radar

Explore all 151 electric vehicles companies in Uttar Pradesh on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

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  • Every company, not just 50All 151 electric vehicles companies in Uttar Pradesh, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore electric vehicles companies in Uttar Pradesh by what you are looking for

Browse top electric vehicles companies in Uttar Pradesh, from e-rickshaw and scooter makers to EV charging and battery providers. You can also see electric vehicle startups in Uttar Pradesh and companies that are hiring.

7 ways to explore electric vehicles in Uttar Pradesh

Electric two-wheeler, three-wheeler & commercial EV makersEV charging station & charger companiesEV battery, motor & component manufacturersEV rental, subscription & fleet management companiesOnline EV marketplaces & comparison platformsElectric vehicle startups in Uttar Pradesh

Electric two-wheeler, three-wheeler & commercial EV makers

Manufacturers of electric scooters, e-rickshaws, bicycles and commercial electric vehicles.

  1. Khalsa

    Manufacturer of electric rickshaws

    Electric vehicles
    See in list
  2. Maxvolt Energy

    Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions

    Energy storage
    See in list
  3. Solterra Technologies

    Manufacturer of electric vehicle charging components and power electronic systems

    Energy storage tech
    See in list
  4. Fidato Evtech

    Manufacturer of electric scooters

    Electric vehicles
    See in list
  5. OBA EV

    Manufacturer of electric three-wheelers

    Electric vehicles
    See in list

EV charging station & charger companies

Providers of EV chargers, charging stations and charging networks.

  1. Wisepower

    Provider of mobile phone chargers and adapters

    Electric vehicles
    See in list
  2. Belectriq

    Provider of sustainable mobility charging solutions

    Energy storage tech
    See in list
  3. Solterra Technologies

    Manufacturer of electric vehicle charging components and power electronic systems

    Energy storage tech
    See in list
  4. ElectreeFi

    SaaS and IoT-enabled platform offering electric fleet management solutions

    Iot applications
    See in list
  5. Mobec

    Provider of sustainable EV charging, energy storage, and e-waste solutions

    Energy storage tech
    See in list

EV battery, motor & component manufacturers

Makers of lithium-ion batteries, motors, controllers and battery management systems.

  1. Maxvolt Energy

    Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions

    Energy storage
    See in list
  2. Vecmocon

    Developer of battery management systems, chargers, vehicle intelligence modules, and clusters

    Energy storage tech
    See in list
  3. Euclion Energy

    Provider of lithium-ion batteries

    Energy storage tech
    See in list
  4. Ursaa

    Provider of battery management system

    Energy storage tech
    See in list
  5. Sygnus Electrik

    Provider of lithium batteries and electric mobility solutions

    Electric vehicles
    See in list

EV rental, subscription & fleet management companies

Platforms for renting, subscribing to and managing electric bikes, scooters and cars.

  1. OnEv

    Provider of car rental services

    Electric vehicles
    See in list
  2. ElectreeFi

    SaaS and IoT-enabled platform offering electric fleet management solutions

    Iot applications
    See in list
  3. EVA2Z

    Provider of digital transformation services, cloud solutions, and IT infrastructure

    Electric vehicles
    See in list
  4. TriEV

    Electric vehicle subscription platform

    Electric vehicles
    See in list
  5. RIDEZZUP

    Online portal for renting bikes

    Electric vehicles
    See in list

Online EV marketplaces & comparison platforms

Online retailers and comparison sites for electric vehicles and EV spare parts.

  1. e-Ashwa Automotive

    Manufacturer of multi-category electric vehicles

    Electric vehicles
    See in list
  2. Electroride

    Online comparison platform for multiple categories of electric vehicles

    Electric vehicles
    See in list
  3. Lohia Auto

    Manufacturer of electric two-wheelers, three-wheelers, and diesel three-wheelers

    Electric vehicles
    See in list
  4. Lilypad

    Online marketplace for buying and selling electric vehicles

    Electric vehicles
    Website
  5. Ampinity Mobility

    Provider of electric vehicles and operational expenditure leasing for commercial fleets

    Auto e-commerce & content
    Website
17 companies in Uttar Pradesh

Electric vehicle startups in Uttar Pradesh

Newer electric vehicle companies in Uttar Pradesh founded in recent years.

  1. Belectriq

    Provider of sustainable mobility charging solutions

    Energy storage tech
    See in list
  2. Solterra Technologies

    Manufacturer of electric vehicle charging components and power electronic systems

    Energy storage tech
    See in list
  3. Hypr

    Manufacturer of electric scooters

    Electric vehicles
    See in list
  4. Electroride

    Online comparison platform for multiple categories of electric vehicles

    Electric vehicles
    See in list
  5. OnEv

    Provider of car rental services

    Electric vehicles
    See in list
43 companies in Uttar Pradesh

Electric vehicles companies hiring in Uttar Pradesh

Electric vehicle companies in Uttar Pradesh with open roles right now.

  1. Maxvolt Energy

    Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions

    Energy storage
    See in list
  2. Belectriq

    Provider of sustainable mobility charging solutions

    Energy storage tech
    See in list
  3. Amo Mobility Solutions

    Developer of electric scooters

    Electric vehicles
    See in list
  4. Lohia Auto

    Manufacturer of electric two-wheelers, three-wheelers, and diesel three-wheelers

    Electric vehicles
    See in list
  5. EVA2Z

    Provider of digital transformation services, cloud solutions, and IT infrastructure

    Electric vehicles
    See in list
13 companies in Uttar Pradesh
Mobile reach

Top 10 electric vehicles apps from Uttar Pradesh

The most-installed Android apps published by electric vehicles companies headquartered in Uttar Pradesh — 97K installs between them. 18 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

ILine

by Iline

Installs22K
Rating—
Last updatedMar 2026
View on Google Play ↗
ILine screenshot 1ILine screenshot 2ILine screenshot 3ILine screenshot 4ILine screenshot 5
2

RideInsta

by Rideinsta

Installs19K
Rating—
Last updatedDec 2022
View on Google Play ↗
RideInsta screenshot 1RideInsta screenshot 2RideInsta screenshot 3RideInsta screenshot 4RideInsta screenshot 5RideInsta screenshot 6
3

Volttic

by Volttic

Installs18K
Rating—
Last updatedMay 2026
View on Google Play ↗
Volttic screenshot 1Volttic screenshot 2Volttic screenshot 3Volttic screenshot 4Volttic screenshot 5Volttic screenshot 6
4

Ridezzup – Bike Rental

by RIDEZZUP

Installs16K
Rating—
Last updatedOct 2024
View on Google Play ↗
Ridezzup – Bike Rental screenshot 1Ridezzup – Bike Rental screenshot 2Ridezzup – Bike Rental screenshot 3Ridezzup – Bike Rental screenshot 4Ridezzup – Bike Rental screenshot 5Ridezzup – Bike Rental screenshot 6
6

Aeidth BMS

by AEIDTH

Installs6K
Rating—
Last updatedJun 2026
View on Google Play ↗
Aeidth BMS screenshot 1Aeidth BMS screenshot 2Aeidth BMS screenshot 3Aeidth BMS screenshot 4Aeidth BMS screenshot 5Aeidth BMS screenshot 6
7

Ev App

by EVA2Z

Installs3K
Rating—
Last updatedJun 2023
View on Google Play ↗
Ev App screenshot 1Ev App screenshot 2Ev App screenshot 3Ev App screenshot 4Ev App screenshot 5Ev App screenshot 6
10

Zeway Ride

by Zeway

Installs1K
Rating—
Last updatedMay 2026
View on Google Play ↗
Zeway Ride screenshot 1Zeway Ride screenshot 2Zeway Ride screenshot 3Zeway Ride screenshot 4Zeway Ride screenshot 5Zeway Ride screenshot 6
The business behind the activity

Electric vehicles financials in Uttar Pradesh

Revenue, profit and growth from the filed annual accounts of 53 electric vehicles companies in Uttar Pradesh for FY24-25 — 62 of the 151 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 56% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹678.64 cr

53 companies filing accounts

combined net profit−₹15.79 cr

-2.3% aggregate margin

are profitable51%

27 of 53 companies

median revenue~₹1.7 cr

the typical company

median revenue growth+26%

into FY24-25

earned by the top five56%

revenue concentration

Six-year view

Combined revenue of filing companies

₹113.40 crFY19-2020 filers
₹104.27 crFY20-2125 filers
₹346.03 crFY21-2233 filers
₹619.26 crFY22-2341 filers
₹716.00 crFY23-2448 filers
₹678.64 crFY24-2553 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 34 companies over three years

+44%
FY22-23₹418.27 cr₹2.59 cr net
FY23-24₹455.25 cr−₹7.35 cr net
FY24-25₹600.52 cr−₹16.31 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr2218% profitable
₹1–10 cr1669% profitable
₹10–100 cr1377% profitable
₹100–1,000 cr2100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking14
0–20%7
20–50%3
50–100%6
Doubled+14

44 companies with accounts for both years; median growth +26%.

Profitability

Profit is concentrated at the top

27profitable
26loss-making
-2.3%aggregate margin
0.1%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
BelectriqBELECTRIQ MOBILITY PRIVATE LIMITED+645%₹45.67 cr
Sokudo Electric IndiaSOKUDO ELECTRIC INDIA PRIVATE LIMITED
Maxvolt EnergyMAXVOLT ENERGY INDUSTRIES LIMITED+124%₹109.28 cr
VecmoconVECMOCON TECHNOLOGIES PRIVATE LIMITED+103%₹34.62 cr
ElectrorideGOENKA GREEN PRIVATE LIMITED+57%₹22.05 cr
e-Ashwa AutomotiveE-ASHWA AUTOMOTIVE PRIVATE LIMITED+26%₹26.00 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Maxvolt EnergyMAXVOLT ENERGY INDUSTRIES LIMITED9.3%₹109.28 cr
Solterra TechnologiesSOLTERRA TECHNOLOGIES PRIVATE LIMITED6.3%₹42.61 cr
ElectreeFiTECHPERSPECT SOFTWARE PRIVATE LIMITED6.2%₹10.28 cr
BelectriqBELECTRIQ MOBILITY PRIVATE LIMITED4.9%₹45.67 cr
OnEvBLUE TRANS PRIVATE LIMITED3.1%₹11.53 cr
KhalsaKHALSAE-VEHICLES PRIVATE LIMITED2.9%₹115.54 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Electric vehicles38₹422.14 cr~₹1.6 cr53%-2.8%
Energy storage tech10₹131.31 cr~₹1.9 cr50%-10.6%
Leaders

Largest electric vehicles companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
KhalsaKHALSAE-VEHICLES PRIVATE LIMITED₹115.54 cr₹3.32 cr2.9%-3%
Maxvolt EnergyMAXVOLT ENERGY INDUSTRIES LIMITED₹109.28 cr₹10.12 cr9.3%+124%
Sokudo Electric IndiaSOKUDO ELECTRIC INDIA PRIVATE LIMITED₹84.22 lakh1.2%
BelectriqBELECTRIQ MOBILITY PRIVATE LIMITED₹45.67 cr₹2.24 cr4.9%+645%
Solterra TechnologiesSOLTERRA TECHNOLOGIES PRIVATE LIMITED₹42.61 cr₹2.70 cr6.3%—
Nova Automotive TechnologiesNOVA AUTOMOTIVE TECHNOLOGIES PRIVATE LIMITED₹38.95 cr₹21.81 lakh-30%
VecmoconVECMOCON TECHNOLOGIES PRIVATE LIMITED₹34.62 cr−₹18.42 cr-53.2%+103%
AutonixAUTONIX AUTO INDUSTRIES PRIVATE LIMITED0.2%+6%
e-Ashwa AutomotiveE-ASHWA AUTOMOTIVE PRIVATE LIMITED₹26.00 cr₹9.36 lakh0.4%+26%
OBA EVOM BALAJEE AUTOMOBILE INDIA PRIVATE LIMITED₹22.74 cr₹18.17 lakh0.8%-39%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Electric Vehicles Industry Landscape of India

The financials above are one chapter. The full electric vehicles landscape of Uttar Pradesh maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the electric vehicles landscape of Uttar Pradesh
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Electric vehicles funding and M&A across India

989 recorded equity rounds have gone to 2,153 electric vehicles companies in India — how much, at which stage, into which sub-sectors, from whom, and how Uttar Pradesh compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months38

US$377.01m

equity rounds, last 24 months154

US$1.96bn

raised over five yearsUS$6.64bn

732 rounds in India

M&A deals, India45

last 24 months

Capital by year

Equity funding into electric vehicles in India

amount rounds
$198m201843
$581m201969
$219m202066
$656m2021141
$1.9bn2022175
$1.5bn2023143
$720m2024148
$1.6bn2025104
$276m202621

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$1.92bn across 175 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$44.65m123 rounds · median US$122k
SeedUS$565.05m385 rounds · median US$487k
Series AUS$1.19bn133 rounds · median US$5.92m
Series BUS$1.03bn48 rounds · median US$15.00m
Series CUS$820.57m18 rounds · median US$29.19m
Series D+US$2.85bn23 rounds · median US$48.91m
Private equityUS$144.81m2 rounds · median US$144.81m
Where the money went · five years

Most-funded sub-sectors

Electric vehiclesUS$5.50bn455 rounds · 172 companies
Energy storage techUS$370.79m98 rounds · 41 companies
Road transport techUS$321.68m51 rounds · 15 companies
Alternative lendingUS$120.90m13 rounds · 7 companies
Logistics techUS$98.08m13 rounds · 4 companies
Smart citiesUS$44.35m4 rounds · 2 companies
Auto e-commerce & contentUS$44.33m21 rounds · 5 companies
Corporate activity · last 24 months

M&A in India

42Acquisition
2Merger
1Completed

Most active acquirers

  1. Kpit technologies16
  2. Jupiter Electric Mobility4
  3. A-1 Ltd3
  4. Blusmart2
  5. Vajram Electric2

Most acquired or merged

  1. A-1 sureja industries3
  2. Ather energy2
  3. Caresoft2
  4. Euler motors2
  5. Greenfuel energy solutions2

Each deal appears in the events strip at the top of the page.

Go deeper in the electric vehicles landscape reports:

Electric Vehicles Industry Landscape of India

Electric vehicles funding in Uttar Pradesh

14 electric vehicles companies in Uttar Pradesh have recorded equity funding, US$47.17m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Uttar Pradesh

Meet the people behind electric vehicles companies in Uttar Pradesh. 86 of 151 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Uttar Pradesh electric vehicles companies by sub-sector

The most common specialisations among electric vehicles companies in Uttar Pradesh. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring electric vehicles in India and nearby markets.

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