Written By: Payal Das

For entrepreneurs, owning an electric bike franchise in India can be both profitable and sustainable. The electric vehicle (EV) revolution is in full swing, and India is at the forefront of this transformation. With the government pushing for greener alternatives and consumers increasingly looking for cost-effective, eco-friendly commuting solutions, the electric bike market is booming. 

If you’re looking to invest in an electric bike (e-bike) franchise in India, this guide will help you explore some of the best options available in 2025. We’ll dive into the most promising brands, what makes them stand out, and how they can be a game-changer for your business.

Why Invest in an Electric Bike Franchise in India?

Before we get into the top franchises, let’s understand why an e bike franchise in India is a hotbed for investment.

1. Growing Market Demand

India’s electric two-wheeler market is growing at an impressive rate. According to industry reports, the market is expected to grow at a CAGR of over 25% in the coming years. This demand is driven by rising fuel prices, government subsidies, and increasing awareness of environmental concerns.

2. Government Incentives & Policies

The Indian government offers numerous incentives for electric vehicle manufacturers and buyers under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II) scheme. State governments are also providing subsidies, tax exemptions, and infrastructure development, making EV franchises an attractive business model.

3. Lower Operational Costs

Unlike traditional petrol-powered bikes, electric bikes require minimal maintenance. They don’t have complex engines, expensive fuel costs, or frequent servicing needs, making them an appealing choice for both customers and business owners.

4. Eco-Friendly Business Model

Sustainability is the future, and owning an e-bike franchise means you are contributing to a greener planet. As more people embrace EVs, businesses that align with sustainability will enjoy long-term success.

Top Electric Bike Franchises in India for 2025

Now, let’s explore the best electric bike franchise in India that is set to dominate the Indian market in 2025.

1. Hero Electric

• Investment Required: ₹30-50 lakh
• Franchise Model: Exclusive dealership

Hero Electric is one of the pioneers in India’s electric two-wheeler market. The brand has built a strong reputation with its affordable and reliable e-scooters. Hero Electric offers models like Optima, Photon, and Eddy, which cater to different consumer needs.

Why choose Hero Electric?

• One of the most trusted EV brands in India
• Extensive network of dealers and service centers
• Strong support in terms of marketing and training

2. Okinawa Autotech

• Investment Required: ₹25-40 lakh
• Franchise Model: Dealership and distributorship options

Okinawa is a leading homegrown EV manufacturer known for its high-speed electric scooters such as Praise Pro, Ridge+, and iPraise+. The company has a strong foothold in both urban and rural markets.

What makes Okinawa a great choice?

• High-speed scooters with impressive battery performance
• Affordable pricing and attractive financing options
• Expanding dealer network with excellent profit margins

3. Ampere Electric (By Greaves)

• Investment Required: ₹20-30 lakh
• Franchise Model: Dealership

Ampere Electric has emerged as a strong player in India’s EV space, offering products that focus on efficiency and affordability. Models like Magnus EX and Zeal EX have gained significant traction in the market.

Why invest in Ampere Electric?

• Backed by Greaves Cotton, ensuring strong financial stability
• Low maintenance and high-efficiency e-bikes
• Strong R&D and innovation in battery technology

4. Ather Energy

• Investment Required: ₹80 lakh - ₹1.5 crore
• Franchise Model: Experience center and dealership

Ather Energy is one of the most premium electric scooter brands in India, known for its Ather 450X and Ather 450Smodels. The company focuses on innovation, smart features, and superior performance.

Why choose Ather Energy?

• Premium brand with cutting-edge technology
• Strong R&D and in-house manufacturing
• Unique franchise model with high returns for urban markets

5. Revolt Motors

• Investment Required: ₹50-70 lakh
• Franchise Model: Exclusive dealership

Revolt Motors has made a name for itself as India’s first AI-enabled electric bike company. Their electric motorcycle, Revolt RV400, is a game-changer for those looking for a sporty and powerful alternative to petrol bikes.

What makes Revolt Motors a great investment?

• AI-based features like geo-fencing and sound customization
• Government subsidies and FAME-II benefits
• High demand in urban markets, especially among young riders

6. PURE EV

• Investment Required: ₹20-40 lakh
• Franchise Model: Dealership

PURE EV, based in Hyderabad, has been making waves in the e-bike sector with models like EPluto 7G and ETrance Neo. The company focuses on battery efficiency and affordability.

Why invest in PURE EV?

• Strong focus on lithium-ion battery R&D
• Competitive pricing with good mileage per charge
• Expanding dealer network across India

7. eBikeGo

• Investment Required: ₹15-25 lakh
• Franchise Model: Rental and dealership

eBikeGo operates on a slightly different model—it offers electric bike rentals and subscriptions. With the rise of shared mobility, this franchise presents a unique opportunity for investors.

What sets eBikeGo apart?

• Low initial investment compared to other brands
• Growing demand for shared and rental mobility solutions
• Partnerships with delivery companies and corporate fleets

8. Greaves Electric Mobility

• Investment Required: ₹20-50 lakh
• Franchise Model: Dealership

Greaves Electric Mobility, the EV division of Greaves Cotton, has gained strong traction in India with its Ampere Electric brand. Offering a wide range of electric scooters like Magnus EX and Zeal EX, Greaves focuses on affordability, efficiency, and reliability, making it a great choice for franchise investors.

What makes Greaves Electric Mobility a great investment?

• Backed by Greaves Cotton, ensuring strong financial stability
• Wide range of affordable and high-performance e-scooters
• Strong government support and FAME-II incentives

9. AMO Electric Bikes

• Investment Required: ₹10-30 lakh
• Franchise Model: Dealership & Distribution

AMO Electric Bikes is an emerging name in the Indian EV market, offering cost-effective and durable electric two-wheelers. Their popular models like Jaunty, Inspirer, and Feisty EV cater to a wide range of customers looking for budget-friendly electric mobility solutions.

What makes AMO Electric Bikes a great investment?

• Low initial investment, making it ideal for new entrepreneurs
• Focus on durability and long battery life
• Rapid expansion in semi-urban and rural markets

See: FranchiseBAZAR – AMO Electric Bikes

10. Yulu Bikes

• Investment Required: ₹15-40 lakh
• Franchise Model: Rental & Mobility Partner

Yulu Bikes operates on a unique micro-mobility and rental-based model, making it a great investment for urban entrepreneurs. Specializing in smart, dockless electric bikes, Yulu provides an eco-friendly commuting solution for last-mile connectivity and delivery services.

What makes Yulu Bikes a great investment?

• Thriving shared mobility market, especially in metro cities
• Low operational costs with AI-enabled fleet management
• Partnerships with corporate offices, metro stations, and delivery companies

Also Read: Yulu Electric Bikes Franchise in India

How to Choose the Right Electric Bike Franchise?

With so many options, selecting the right franchise can be overwhelming. Here are some factors to consider:

1. Brand Reputation

Look for a brand with a solid market presence, good customer reviews, and a strong track record. Companies like Hero Electric and Ather Energy have well-established credibility.

2. Investment vs. ROI

Compare the initial investment with the expected return on investment (ROI). High-end brands may require a larger investment but often offer higher margins.

3. Market Demand in Your Area

Analyze your local market—does it have a demand for budget-friendly e-scooters or premium performance bikes? Choosing a franchise that aligns with your area’s needs is crucial.

4. Franchise Support & Training

Opt for brands that provide extensive support in terms of training, marketing, and after-sales services. Companies like Okinawa and Revolt Motors offer solid franchise support.

5. Government Incentives & Policies

Check for available subsidies and benefits in your state. Some states provide better incentives for EV businesses, which can improve your profitability.

Conclusion

An Electric scooter franchise in India is not going to be just a passing trend—it’s going to be the future of mobility. Whether you are a first-time entrepreneur or an experienced business owner, investing in an electric bike franchise can be a lucrative and sustainable venture.

As India moves towards an electric future, now is the perfect time to ride the EV wave and establish a successful business in the electric bike industry.

FAQs on Electric Bike Franchise in India

Q1. Is electric bike business profitable in India?

Ans: Yes, the electric bike business in India is highly profitable due to increasing demand for eco-friendly vehicles, government subsidies under FAME-II, and low operating costs.

Q2. Which electric scooter franchise is best?

Ans: The best electric scooter franchise depends on investment capacity and market potential. Hero Electric, Ather Energy, Okinawa Autotech, and Ampere Electric are top choices in 2025. 

Q3. How much does it cost to franchise an electric vehicle in India?

Ans: The investment for an EV franchise in India ranges from ₹15 lakh to ₹1.5 crore, covering showroom setup, inventory, and marketing. 

Q4. Is electric scooter franchise profitable?

Ans: Yes, an electric scooter franchise is profitable due to low running costs, growing consumer interest, and government incentives.

Q5. How to open an electric bike showroom?

Ans: Select a franchise (Hero Electric, Okinawa, Ather Energy). Arrange investment (₹15 lakh – ₹1.5 crore). Find a high-footfall location. Obtain business licenses as per EV policies. Set up the showroom and service center. Launch marketing campaigns and offer financing options. 

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.