EV Motors
EV Motors India is a private e-mobility company that delivers turnkey electric vehicle solutions — including the PlugNgo charging network, proprietary 2W/3W lithium-ion batteries, and bundled last-mile delivery offerings — for fleet operators, e-commerce, real estate developers, and EV OEMs across India.
- Company typePrivate
- Founded2018
- HeadquartersConnaught Place, India
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What EV Motors does
EV Motors India Pvt Ltd is a private Indian e-mobility company that delivers turnkey electric vehicle infrastructure and battery solutions, primarily targeting last-mile delivery operators, commercial fleet operators, real estate developers, and EV OEMs. The company operates through three interconnected product lines: the PlugNgo networked public charging platform, proprietary lithium-ion battery products for 2W and 3W electric vehicles (EVM-2W and EVM-3W ranges), and a bundled Last Mile Delivery solution that combines vehicles, financing access, charging, batteries, and service support. Its proprietary software platform handles station operation, administration, e-payments, and remote monitoring, and is exposed to end consumers via the PlugNgo mobile application on Android and iOS.
The underlying technology centers on networked EV charging infrastructure covering Bharat AC001, Bharat DC001, EVM 18kW AC/DC, Type 2, and DC Fast Charging CCS/CHAdeMO and GB/T standards, paired with lithium-ion battery technology engineered for fast charging (10% to 80% state of charge in under 40-50 minutes) with advanced BMS features. The company monetizes through hardware sales of chargers and batteries, usage-based revenue from operating the PlugNgo public charging network, and managed-service contracts for last-mile delivery fleet solutions. Distribution combines direct enterprise sales, channel partnerships with OEMs and charger manufacturers (ABB, Delta Electronics India, Exicom), utility partnerships (BSES Yamuna Power), and a franchise operator model for charging network expansion.
Beyond India, EV Motors has signaled international ambitions through a 2024 joint venture with Chinese automaker Chery Auto to manufacture vehicles in Barcelona, Spain (producing the Ebro S700 SUV) and a separate Africa-focused EV manufacturing project with a South Korean partner targeting 300,000 vehicles annually in Nigeria. Headquartered in New Delhi with a technical centre in Noida, the company employs 11-50 people, counts Bigbasket, DHL, and Lots among its named enterprise customers, and was recognized by Frost & Sullivan as the 2019 Indian EV Charging Network Industry Entrepreneurial Company of the Year.
EV Motors firmographics
Firmographics- Name
- EV Motors
- Legal name
- EV Motors India Pvt Ltd
- Website
- https://ev-motors.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- EV Motors India is a private e-mobility company that delivers turnkey electric vehicle solutions — including the PlugNgo charging network, proprietary 2W/3W lithium-ion batteries, and bundled last-mile delivery offerings — for fleet operators, e-commerce, real estate developers, and EV OEMs across India.
- Ownership category
- akta.pro rank
EV Motors industry classification
Industry- Product category
- Electric Vehicle Charging Infrastructure and Battery Solutions
- NAICS
- Battery Manufacturing (33591)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE)
- akta.pro secondary industries
- EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG), EV Charging Equipment Installation & Commissioning (AC/DC, Depot/Fleet) (TLAKAMAE), EV Charger Operations, Maintenance & Field Service (O&M) (TLAKAMAF)
Keywords
Where EV Motors is headquartered
LocationHeadquarters
- HQ city
- Connaught Place
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
EV Motors business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- EV Charging Infrastructure Hardware Sales: Sale of EV charging stations including Bharat AC001, Bharat DC001, EVM 18kW AC/DC chargers, Type 2 and DC Fast Charging stations. Revenue generated from equipment sales to channel partners, real estate developers, and franchise operators.
- Charging Network Operations: Revenue generated from operating the PlugNgo public charging network. Users pay for charging services through the networked charging stations with integrated e-payment capabilities.
- Battery Solutions Sales: Sale of proprietary lithium-ion batteries for 2W and 3W electric vehicles targeting last mile delivery operators and fleet companies.
- Last Mile Delivery Solutions: Turnkey EV solutions for last mile delivery operators providing vehicles, financing access, charging infrastructure, and service support as bundled offering.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
EV Motors product offering
Product offeringCore offering
EV Motors designs, manufactures, and operates EV charging stations (Bharat AC001, Bharat DC001, EVM 18kW AC/DC, CCS/CHAdeMO/GB/T fast chargers) and proprietary lithium-ion battery packs for electric two- and three-wheelers. Through its PlugNgo brand, it runs a networked public charging platform with software for operations, e-payments, and remote monitoring, plus a mobile app. The company bundles these into a turnkey last-mile delivery solution combining vehicles, financing access, charging, and service support for commercial fleet operators.
Product overview
EV Motors India operates as a turnkey emobility solution provider with three interconnected product lines: (1) PlugNgo charging infrastructure and network platform encompassing Bharat-standard AC/DC chargers, EVM 18kW proprietary chargers, and CCS/CHAdeMO/GB/T fast charging stations managed via networked software; (2) EVM battery solutions for 2W and 3W EVs with fast-charging lithium-ion technology (EVM-2W and EVM-3W product lines); and (3) Last Mile Delivery turnkey solution that integrates EVM's own battery products with PlugNgo's charging network to serve fleet operators, e-commerce, food delivery, and courier businesses.
Differentiator
Problem solved
Functional benefit
Brands
- PlugNgo: Public EV charging network and outlet brand operated by EV Motors India, offering networked charging stations with software platform for operations, administration, e-payments and remote monitoring.
Products and services
- PlugNgo EV Charging Network EV Motors India's flagship EV charging network brand offering networked public charging stations across India with a proprietary software platform for operations, administration, e-payments, and remote monitoring. Includes a mobile app for Android and iOS enabling EV owners to locate chargers, initiate charging, and make payments. Targeted at enterprise customers and individual EV owners in India.
- Bharat AC001 Charger India-standard AC charging solution for electric vehicles, conforming to the Bharat EV charging specifications. Sold to channel partners, real estate developers, and franchise operators.
- Bharat DC001 Charger India-standard DC charging solution for electric vehicles, conforming to the Bharat EV charging specifications. Sold to channel partners, real estate developers, and franchise operators.
- EVM 18kW AC/DC Charger Proprietary 18kW dual-mode charger supporting both AC and DC charging for electric vehicles. Sold as hardware for charging infrastructure deployment by enterprise and channel-partner customers.
- DC Fast Charging Station (CCS/CHAdeMO and GB/T) High-speed DC fast charging station supporting CCS, CHAdeMO, and GB/T international charging standards for the Indian and global market. Sold as hardware for enterprise charging infrastructure deployment.
- EVM-2W Lithium Ion Battery Proprietary lithium-ion battery solution for 2-wheeled EVs, including the EVMLAV-25 model for low-speed applications with 0-80% charge in 45 minutes at 1C rate and the EVMLAV-42 model for high-speed fleet and online delivery applications with low self-discharge and minimal maintenance requirements. Targeted at EV OEMs and fleet operators in India.
- EVM-3W Lithium Ion Battery Proprietary lithium-ion battery technology designed for e-3-wheeled last-mile delivery applications, featuring 10% to 80% SOC in under 50 minutes, advanced battery management system with over-voltage, under-voltage, over-temperature and short circuit protection, and optional GPS/GPRS and CAN bus 2.0 connectivity. Targeted at EV OEMs and fleet operators.
- Last Mile Delivery Turnkey Solution Comprehensive EV solution for 2W and 3W last-mile delivery operators addressing vehicle ownership fragmentation, financing access, charging infrastructure, battery performance, vehicle uptime, and service issues. Bundles access to the integrated PlugNgo EV charging network with EVM's advanced battery technology enabling 10% to 80% SOC in under 40 minutes for 24x7 operations. Targeted at enterprise last-mile delivery operators in India such as Bigbasket, DHL, and Lots.
Quantifiable outcome
- 10% to 80% SOC in under 40 minutes for 3W batteries
- +4 more outcomes
Companies that use EV Motors
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles4 records
EV Motors technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
EV Motors partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- ABBcoreABB is a technology partner providing EV charging solutions. ABB offers its complete EV charger portfolio with end-to-end technical support as part of the partnership to power green mobility in India's EV ecosystem.
- Delta Electronics IndiacoreDelta Electronics India provides its complete EV charger portfolio with end-to-end technical support in partnership with PlugNgo. This association supports reducing dependence on fossil fuel-based transportation through energy efficient solutions.
- Hero ElectriccoreHero Electric partnered with EV Motors India to launch rapid charging E-bikes for last mile delivery. Strategic partnership combining EV manufacturer with charging infrastructure provider to accelerate last mile delivery electrification.
- LohiaminorPartner using EVM's energy storage solutions for their applications, demonstrating market acceptance of battery technology.
- BigbasketcoreBigbasket uses EVM's last mile delivery turnkey solution for their electric vehicle fleet operations in e-commerce delivery.
- DHLcoreDHL partners with EV Motors India for last mile delivery solutions using electric vehicles, supporting logistics fleet electrification.
- LotsminorLots uses EVM's last mile delivery plan for retail delivery operations with electric vehicles.
- BSES Yamuna PowercoreBSES Yamuna Power signed agreement with EV Motors-BSES to set up EV charging stations in Delhi, combining electricity distribution expertise with charging infrastructure development.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
EV Motors competitors and assessment
Company assessmentBroad incumbents
- Tata Power (EZ Charge): Tata Power's EZ Charge is the largest public EV charging network in India, offering AC and DC chargers across highways, cities and metro areas. It is the most direct large-scale incumbent to PlugNgo in Indian public charging, with the balance-sheet advantage of a listed power major.
- Ather Energy: Ather Energy designs and manufactures premium electric 2Ws and operates the Ather Grid fast-charging network for its own vehicles. It is a direct competitive analogue in 2W-focused EV ecosystems with an integrated charging proposition, though focused on captive consumers rather than fleets.
Direct peers
- Hero Electric: Hero Electric is one of India's largest electric 2W OEMs and a current strategic partner of EV Motors for rapid-charging last-mile delivery e-bikes. The partnership is mutually exclusive in messaging but the two compete on 2W hardware, battery specs and fleet customers.
- Magenta Mobility: Magenta Mobility provides integrated EV fleet solutions for last-mile delivery, including vehicles, charging infrastructure and energy services. It is directly comparable to EV Motors' turnkey last-mile delivery offering and targets the same enterprise customers.
- Bounce Infinity: Bounce Infinity provides electric 2W/3W vehicles for last-mile delivery and consumer mobility, with battery-swapping and charging infrastructure. It is the closest competitor to EV Motors' last-mile turnkey offering and shares customers and use cases in delivery fleets.
- Exicom: Exicom manufactures EV chargers and EV battery systems in India and operates charging solutions for both retail and fleet customers. It mirrors EV Motors' combination of proprietary charging hardware and battery products and serves overlapping telecom-tower, fleet and OEM customers.
- ChargeZone: ChargeZone operates a pan-India public EV charging network with a mix of AC and DC fast chargers and a proprietary app for consumers and fleet operators. It directly competes with PlugNgo on charging-network scale, multi-standard hardware and software platform.
- Statiq: Statiq operates one of India's largest EV charging networks, with public chargers across highways and cities and a consumer app for discovery, booking and payment. It is the closest direct competitor to PlugNgo on the public-charging-network and SaaS layer.
Emerging players
- Kazam: Kazam provides an EV charging platform and software for charge-point operators, including discovery, payments and analytics. It overlaps with the PlugNgo software layer as an emerging competitor focused on enabling rather than owning charging assets.
- Charzer: Charzer builds and operates small-footprint EV charging hubs (Charzer Kiosks) for residential, commercial and fleet use in India. It competes with PlugNgo on the franchise and partner-deployed charging model, though at a smaller scale and with a more fragmented hardware approach.
Market position
Strengths5 records
Weaknesses3 records
Competitive moat5 records
Key risks6 records
Key highlights8 records
Customer concentration
EV Motors social profiles
Digital presenceEV Motors financial estimates
Financial estimateRevenue estimate
Valuation estimate
EV Motors leadership team
Management profileNumber of profiles
Profiles8 records
EV Motors subsidiaries and ownership
Company hierarchySubsidiaries2 records
EV Motors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EV Motors M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EV Motors
What does EV Motors do?
EV Motors designs, manufactures, and operates EV charging stations (Bharat AC001, Bharat DC001, EVM 18kW AC/DC, CCS/CHAdeMO/GB/T fast chargers) and proprietary lithium-ion battery packs for electric two- and three-wheelers. Through its PlugNgo brand, it runs a networked public charging platform with software for operations, e-payments, and remote monitoring, plus a mobile app. The company bundles these into a turnkey last-mile delivery solution combining vehicles, financing access, charging, and service support for commercial fleet operators.
Is EV Motors a public or private company?
EV Motors is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was EV Motors founded?
EV Motors was founded in 2018. It employs 11 to 50 people.
Where is EV Motors based?
EV Motors is headquartered in Connaught Place, India, in the Asia region.
How does EV Motors make money?
Four revenue lines are on record. EV Charging Infrastructure Hardware Sales are the primary driver. The others are charging Network Operations, battery Solutions Sales and last Mile Delivery Solutions.
Who are EV Motors's main competitors?
Broad incumbents on record are Tata Power (EZ Charge) and Ather Energy. Direct peers are Hero Electric, Magenta Mobility, Bounce Infinity, Exicom, ChargeZone and Statiq. Emerging players are Kazam and Charzer.
Does EV Motors have an API?
No public API is recorded for EV Motors.
What industry is EV Motors in?
EV Motors's product category is Electric Vehicle Charging Infrastructure and Battery Solutions. Its primary akta.pro industry code is IMACACAE, EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers), with a secondary code of TLAKAMAG, EV Charging Network Management & Software Services (CPMS, Monitoring, Billing). Its NAICS code is 33591 and its SIC code is 3600.