Top Electric Vehicle Stocks for Indian Investors in 2024

White Scribbled Underline

Tata Motors Limited (TATAMOTORS):

[{"selector":"#anim-0ac20b79-b903-4b17-9a56-35e1ce09937a","keyframes":{"opacity":[0,1]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a2f86b9b-e553-4b5c-add0-85c96b81fd01","keyframes":{"transform":["translate3d(0px, 462.22201%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c6a0d4ce-d420-4234-8c6c-80322f0c0d63","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4e691c3a-f86a-4272-91cb-f184499b167a","keyframes":{"transform":["translate3d(0px, 160.66314%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tata Motors is a prominent player in the Indian automotive industry and has been making significant investments in electric vehicles.

Mahindra & Mahindra Limited (M&M):

[{"selector":"#anim-7c39aedc-d5b7-4ad4-8d03-6eb3546e598b","keyframes":{"opacity":[0,1]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8bcc9dd6-f695-488a-a130-d2dc7ec1edf0","keyframes":{"transform":["translate3d(0px, 441.34795%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b896599d-eecc-40d9-a964-4bdcc751815d","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e42f0d59-781e-4444-afa4-1f867e70a54c","keyframes":{"transform":["translate3d(0px, 187.58756%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Mahindra & Mahindra has a strong presence in the Indian electric vehicle market with its electric cars like the Mahindra eVerito and eKUV100.

Hero MotoCorp Limited

[{"selector":"#anim-380908a0-b144-46a9-a6a4-128a789e37df","keyframes":{"opacity":[0,1]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-43a50336-5a10-4148-9503-96743e391c9d","keyframes":{"transform":["translate3d(0px, 832.97509%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ce2e7b4-a739-4bde-b6e4-b3b18232d3f2","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-71471073-879b-4413-9c3d-c6db2ba7a90e","keyframes":{"transform":["translate3d(0px, 139.40016%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] While primarily known for traditional internal combustion engine vehicles, the company has ventured into electric scooters with models like the Hero Electric Optima and Photon.

Bajaj Auto Limited

[{"selector":"#anim-ff3489d0-6677-46fd-a39c-c547e1a97ee8","keyframes":{"opacity":[0,1]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4133de15-45a9-495a-b116-0531e20527f7","keyframes":{"transform":["translate3d(0px, 671.68483%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2334a2d6-19ac-45fc-86c0-862f56e6b926","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-356e3ea3-36f5-4fea-bbad-2723764cc1e9","keyframes":{"transform":["translate3d(0px, 177.22225%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Bajaj Auto has collaborated with various startups and companies to enter the electric vehicle segment.

Ashok Leyland Limited

[{"selector":"#anim-f86931ae-f1c6-4604-8463-44988b2dacce","keyframes":{"opacity":[0,1]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c1329a53-96e2-4975-a049-a1f0153b2d7e","keyframes":{"transform":["translate3d(0px, 665.23311%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5d877664-4cc2-4f96-9afb-f200f1a72099","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2bc7859c-c4e8-44da-8fee-c221827609a9","keyframes":{"transform":["translate3d(0px, 177.22225%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The company has been working on electric buses and other electric mobility solutions as part of its future strategy.

TVS Motor Company Limited

[{"selector":"#anim-791d5b67-6c21-456d-89c8-8deffdb78360","keyframes":{"opacity":[0,1]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-79a71971-2b26-4bb4-821a-b19683003bfb","keyframes":{"transform":["translate3d(0px, 841.56418%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b29bf687-42df-40eb-96ea-e37e51fca578","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae2e22d0-1e97-4589-8621-98b7a6ee3ee6","keyframes":{"transform":["translate3d(0px, 161.46958%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] TVS Motor Company has been exploring electric two-wheelers and has launched electric scooters like the TVS iQube Electric.

This research serves educational and informational purposes only. It is not to be considered as a portfolio management service, basket recommendation, or investment advisory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

[{"selector":"#anim-feeae315-0504-45a0-8698-28e906f656b6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-1.0302869668521453e-13%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-61bd0781-5105-4274-971c-f1fd781dd4dd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-42190969-6e9b-49c4-8bdf-bf225bb44170","keyframes":{"transform":["translate3d(0px, 125.35121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]