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If you are reading this in 2026, congratulations! you are looking at the electric vehicle market at its absolute best. Gone are the days of uncertainty and high upfront anxiety. Today, owning an electric scooter is no longer an experiment; it is the smartest financial decision a commuter can make. While the battery remains the most valuable component of your EV , the narrative around it has...

2026 EV Battery Price - Ola, TVS, Ather, Vida, Bajaj Chetak

Worried about replacement costs? Check the 2026 battery price list for Ola, Ather, Vida & TVS. See why owning an EV is cheaper than ever.

2026 EV Battery Prices for Ola, TVS, Chetak, Ather, Vida & More

Comprehensive Guide to 2026 EV Scooter Battery Replacement Costs, BaaS Models & Long-Term Savings

Battery Prices of Top EV Two-Wheelers in India: Ola, Ather, Vida, Chetak & TVS (2026 Update)

Mihir Pathak

The 2026 Sub-₹1 Lakh EV Blueprint: Industrial Audit of the Legacy Trio &amp; Strategic Disruptors Urgent Notice: The PM E-DRIVE Sunset. The PM E-DRIVE scheme, which provides purchase subsidies of up to ₹5,000 per kWh, is scheduled to sunset on 31 March 2026. Buyers who defer their purchase until April 2026 face significant price hikes as manufacturers pass on the cost of lost government support....

Compare the Bajaj Chetak C2501, TVS Orbiter, and Hero Vida VX2 before the 31 March 2026 PM E-DRIVE sunset. Audit 158 km range claims, metal body durability, and fast-charging truths to save ₹30,000 annually

Sub-₹1 Lakh EV Guide 2026: Bajaj, TVS, Hero & Ampere: ROI & Annual Saving

Mohak Pandya

The Paradox : Low Running Cost, High Fixed Cost You bought an EV to save money . With running costs as low as ₹1 per km (vs. ₹7-10 for petrol), the math looks perfect&mdash;until you see your insurance renewal quote. For many Indian EV owners in 2025, the sticker shock is real: Electric Vehicle (EV) insurance premiums are typically 20-25% higher than their petrol/diesel counterparts. This guide...

Why is EV insurance high? Check new IRDAI rates, battery risks, and 3 must-have add-ons to lower your electric car premium in India today.

Latest EV Insurance Costs India : Why High & How to Save

Read The Real Reasons that Why Your EV Premium is High & The Add-ons That Save You Lakhs

EV Insurance Costs in India (Full Guide): Why It’s Higher & How to Lower It

You bought an Electric Vehicle (EV) to escape rising petrol prices . But if you are watching your home electricity bill climb month after month, you might be asking yourself : "Is there a way to drive for free?" The answer is Yes. By combining your EV with a rooftop solar system, you stop paying the DISCOM (electricity board) to fuel your car. In sunny states like Gujarat , Maharashtra , and...

Want to drive your EV for ₹0/km? Learn how to set up solar charging for EV at home in India. Includes PM Surya Ghar subsidy details, cost breakdown for Tata Nexon/Tiago EV, and ROI calculation.

Solar EV Charging at Home India: Cost, Subsidy & Setup Guide (2025)

Drive for Free : The Ultimate Guide to Solar EV Charging at Home in India (2025)

Brand Image Vehicle Name Claimed Range Ampere Magnus Neo/Ex 80&ndash;95 km Reo 80 / Reo Li Plus ~80 km Revolt RV1 ~100 km RV1 Plus / BlazeX ~150 km (IDC) RV400 / RV400 BRZ ~150 km (IDC) Vida V2 Lite 80&ndash;100 km V2 Plus 143 km (IDC) V2 Pro 165 km VX2 Go (2.2 kWh) ~64 km VX2 Go (3.4 kWh) ~100 km VX2 Plus ~100 km &nbsp;

Electric Vehicles with Removable Batteries

Explore all electric vehicles with removable batteries in India, including scooters and bikes offering fast charging, easy portability, and flexible battery swapping. Compare features, range, specs, and prices in one detailed guide.

Electric Vehicles with Removable Batteries in India – Complete List & Prices

List of all ev's with Removable Batteries

Harsh Paliwal

Forget what you thought you knew about the global electric vehicle market. While the world keeps an eye on Tesla and marvels at German engineering, the real, gritty revolution is unfolding right here in our own backyard&mdash;and it proudly wears a "Made in India" tag. The numbers are in from November 2025, and they tell a stunning story: Our very own homegrown heroes, Tata and Mahindra, haven't...

Latest Nov 2025 Data: Homegrown EVs hit 1,01,724 sales vs Tesla's 165. A deep dive into the Indian Electric Vehicle market share and future trends.

EV Sales India 2025: Tata & Mahindra vs Tesla Market Share

India vs. The World: The 2025 EV Report Card Is Out (And It’s Shocking)

Yohaan tavadia

Electric vehicles (EVs) are rapidly becoming mainstream in India. A growing number of two‑wheelers now let you remove or swap the battery so that you can charge it at home or quickly replace it with a fully charged pack. This guide covers the advantages of removable batteries, explains how they differ from fixed packs and lists the major electric scooters and motorcycles with removable batteries...

Explore 2025’s top electric scooters and motorcycles with removable or swappable batteries in India. Compare battery capacities, ranges and features to choose the ideal EV for your commute.

Best Removable Battery Electric Scooters & Bikes in India (2025 Guide)

A complete 2025 guide to Indian electric scooters and bikes with detachable or swap‑ready batteries, covering ranges, charging times and key features.

Electric Vehicles with Removable/Swappable Batteries – 2025 Guide for India

The future of electric mobility converges in Bengaluru this week. The Auto EV Bharat Expo 2025 , running from November 19 to 21 , is set to unveil the cutting-edge innovations and strategic trends powering India's automotive transformation. Whether you are an industry professional, an engineer, an investor, or simply an EV enthusiast, this event offers unparalleled insights into the sustainable...

Explore the Auto EV Bharat Expo 2025 in Bengaluru (Nov 19-21). Get an insider's look at advanced EV battery technology, fast charging infrastructure, and key manufacturing trends shaping India's electric mobility future.

Auto EV Bharat Expo 2025: Your Guide to India's Premier EV Showcase

Your comprehensive guide to navigating India's premier EV technology showcase (Nov 19-21), covering advanced battery tech, charging infrastructure, and key industry innovations in Bengaluru.

Auto EV Bharat Expo 2025: Your Definitive Guide to India's Premier EV Technology Showcase

India stands at a pivotal juncture in its mobility history. As the world's fourth-largest automobile market, the transition toward sustainability is not just a climate imperative but an economic opportunity. While the hype around Electric Vehicles (EVs) dominates the conversation, a recent analysis from the India Energy Storage Alliance (IESA) reveals a more nuanced, and ultimately more...

Electric vehicle vs Petrol and diesel image

India is shifting to multi-fuel mobility. Learn how the IESA report and the impending 2027 CAFÉ 3 norms will force OEMs to accelerate adoption of EV, Hydrogen, and CNG vehicles to hit Net Zero goals.

The 2027 Deadline: How India's Multi-Fuel Policy Will Force the Great Mobility Shift

Forget the EV Hype: India's Multi-Fuel Policy Is The Real Game-Changer for 2030

The festive spirit has ignited a wave of unbeatable deals in the electric vehicle market, courtesy of the Flipkart Mega Sale. Why This Diwali is the Best Time to Buy an EV The time to maximize your savings on an electric scooter purchase is strictly limited to the Flipkart Mega Sale period, running from October 11, 2025, to October 24, 2025. This specific time frame is an absolute golden...

Flipkart Diwali Sale 2025: Get up to ₹18,250 OFF on electric scooters from Ola, Ather, TVS & Bajaj. Check all bank card offers and deals now!

Diwali EV Offers: Flipkart Discounts on Ola, Ather & Chetak and more (Oct 11-24)

Diwali Dhamaka 2025: Flipkart Offers Massive Discounts on Electric Vehicles This Festive Season

V1 PLUS

Orbiter

Revolt RV1

Rorr EZ 2.6 kWh

450 S 2.9 kWh

Chetak 3001

VIDA World EV

Dirt.E K3

KOMAKI ELECTRIC VEHICLE

MX16

Raptee

T30 Sport

Ola Electric EV

Roadster Pro (16 kWh)

Roadster Pro (8 kWh)

Ultraviolette Automotive

X-47 Crossover Desert Wing

X-47 Crossover

Oben Electric EV

Rorr EZ Sigma 3.4 kWh

Rorr EZ Sigma 4.4 kWh

Ampere EV

Magnus GMax

Yamaha Motor

EC-06

AEROX-E

Bajaj Chetak

Chetak C2501

Suzuki

e-Access

Simple Energy

One (Gen 2) 5 kWh

One Gen 2

One S (Gen 2)

One (Gen 2) 4.5 kWh

Numeros Motors

n-First max

Tata Motors EV

Sierra

TVS EV

iQube 2.2 kWh

Nexus ST

Roadster (3.5 kWh)

iQube ST 5.3 kWh

Ather Energy EV

Rizta S

V2 Pro

S1 X (4kWh)

Chetak 3503

Revolt Motors EV

India&rsquo;s electric two-wheeler leader , Ola Electric , has announced a significant structural transformation aimed at streamlining operations and achieving long-term profitability. As part of this "execution reset," the company confirmed it will reduce its workforce by approximately 5%, while simultaneously doubling down on AI-driven automation and its high-performing Hyperservice initiative....

Ola Electric announces a 5% workforce cut and shift to automation. Learn how its "Hyperservice" reset is achieving 80% same-day repairs for EV customers.

Ola Electric Lays Off 5% Staff to Focus on Profitability

Automation and "Hyperservice" Drive Ola’s Strategic Pivot Toward a Leaner Business Model

Ola Electric Announces Workforce Cuts Amid Shift to Automation and "Hyperservice" Success

In a significant move toward decarbonizing India&rsquo;s transport sector, electric commercial vehicle (EV) manufacturer EKA Mobility has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Limited (HPCL). This strategic partnership aims to revolutionize the country&rsquo;s green mobility landscape by leveraging HPCL&rsquo;s massive retail network to build a robust EV...

EKA Mobility and HPCL sign MoU to deploy EV charging and battery swapping stations across India. Discover how this partnership boosts green commercial mobility.

EKA Mobility & HPCL Partner for India’s EV Infrastructure

Driving the Future: EKA and HPCL to Build a Nationwide Network for Electric Commercial Vehicles and Green Energy Solutions.

EKA Mobility and HPCL Partner to Expand EV Charging Infrastructure Across India

BMW India has achieved a landmark milestone as its flagship electric sedan, the BMW i7, surpassed the 1,000-unit sales mark. This achievement solidifies BMW&rsquo;s position as the leader in India&rsquo;s luxury electric vehicle (EV) segment. In a significant boost to India&rsquo;s transition toward sustainable luxury mobility, BMW Group India announced today that the BMW i7 has officially...

BMW i7 becomes India’s first luxury electric sedan to cross 1,000 sales. Discover the features driving BMW’s dominance in the premium EV market.

BMW i7 Hits 1,000 Units Sales Milestone in India

How the flagship electric sedan redefined luxury and captured the premium EV market in India.

BMW i7 Crosses 1,000 Unit Sales Milestone in India: Leading the Luxury EV Revolution

Bijliride, a rising star in the Indian mobility tech space, has officially announced its entry into the Delhi market with the launch of its&nbsp; B2C electric two wheeler rental services . This move marks a major expansion for the startup, aiming to provide affordable, eco friendly, and ownership free transport solutions to the capital&rsquo;s commuters. Targeting High-Demand Hubs in Delhi The...

Rent electric two-wheelers in Delhi with Bijliride. Affordable weekly & monthly EV rental plans starting at ₹220/day. High-speed scooters with app-led booking.

Bijliride Launches B2C Electric Scooter Rentals in Delhi

Affordable App-Based EV Mobility for Commuters, Students, and Gig Workers in the National Capital.

Bijliride Enters Delhi: New B2C Electric Two-Wheeler Rentals to Transform Urban Commute

Priya

Chinese EV giant BYD is reportedly pivoting its India strategy , shifting focus toward local assembly to overcome stringent import restrictions and a growing backlog of customer orders. According to recent reports, the company is evaluating the Semi Knocked Down (SKD) route to scale its operations in the Indian market. This move comes as a strategic response to the Indian government&rsquo;s...

 BYD explores local SKD assembly in India to bypass import caps, reduce duties to 30%, and meet rising demand for the Atto 3 and Sealion 7.

 BYD Eyes Local SKD Assembly in India to Boost EV Sales

Navigating Import Caps and Slashing Duties: BYD’s Strategic Shift to Scalable Local Production

BYD Eyes Local SKD Assembly in India to Bypass Import Caps and Slash Prices

The landscape of intercity travel in India is set for a massive transformation. Fresh Bus , a leading electric intercity bus operator, has announced a strategic partnership with energy tech pioneer Exponent Energy to deploy a fleet of all sleeper electric buses. This collaboration introduces India&rsquo;s first 15 minute rapid charging sleeper electric bus , a move aimed at solving the long...

 Fresh Bus and Exponent Energy partner to launch India’s first all sleeper electric bus fleet with 15 minute rapid charging. Read about the new Hyderabad Bengaluru route and the future of intercity EVs

 Fresh Bus & Exponent Energy Launch 15-Minute Rapid Charging Electric Buses

 Fresh Bus and Exponent Energy electric sleeper bus charging at 1.5 MW station

Fresh Bus and Exponent Energy to Launch India’s First 15-Minute Rapid Charging Sleeper Electric Bus Fleet

The landmark India-EU Free Trade Agreement (FTA) promises to slash import duties on luxury cars to 10%, but electric vehicles have been hit with a 5-year "waiting period." Here is what EV buyers and manufacturers need to know. The long awaited India European Union Free Trade Agreement (FTA) has finally been concluded, signaling a seismic shift for the Indian automotive landscape. While fans of...

India-EU FTA slashes luxury car tariffs to 10%, but electric vehicles are excluded for 5 years to protect local manufacturing. Read how this impacts EV prices.

India-EU FTA: No Duty Cuts for European EVs for 5 Years

Why the "Mother of All Deals" keeps electric vehicle prices high until 2031 to protect domestic manufacturing.

India-EU FTA: Why Your Favorite European EVs Won’t Get Cheaper Until 2031

👉 The recent&nbsp; viral videos of a Mahindra BE.6 electric SUV catching fire in Gulaothi, Uttar Pradesh , sent shockwaves through the EV community. However, Mahindra has now issued a comprehensive official clarification, putting to rest concerns regarding the vehicle&rsquo;s battery safety. After a thorough technical investigation, the homegrown automaker confirmed that the fire was not caused...

Think you know why the Mahindra BE.6 caught fire? The official data is out, and it wasn't the battery. Check the real reason behind the viral incident.

Check the Real Reason the Mahindra BE.6 Caught Fire in UP

Official Investigation Reveals a Surprising Cause: Why the Viral Fire Wasn't an EV Battery Issue

Mahindra BE.6 Fire Incident: Official Investigation Reveals Surprising Cause – It Wasn’t the Battery

In a move set to redefine the <a href="../">electric vehicle (EV)</a> landscape in India, Exicom, the country&rsquo;s leading EV charging solutions provider, has announced a strategic partnership with Glida (formerly Fortum Charge &amp; Drive India). The collaboration aims to deploy 5,000 high-speed DC fast chargers across the nation, addressing the critical need for a robust public charging infrastructure.
<h2 dir="ltr">Scaling India's EV Infrastructure</h2>
As the Indian EV market experiences exponential growth, the primary hurdle for mass adoption remains "range anxiety." This partnership directly tackles this challenge by placing 5,000 high-capacity chargers in strategic locations, including major highways, urban centers, and public transport hubs.
Exicom, which recently surpassed the milestone of 70,000 charger installations globally, will supply its cutting-edge Harmony series DC fast chargers. These units are engineered to withstand India&rsquo;s diverse climatic conditions while providing ultra-fast charging speeds, significantly reducing the downtime for EV owners.
<h3>Key Highlights of the Partnership:</h3>
<ul>
<li dir="ltr" aria-level="1">
Infrastructure Boost: The addition of 5,000 chargers will significantly enhance the density of India&rsquo;s current charging network.
</li>
<li dir="ltr" style="font-size: 12pt;" aria-level="1">
High-Speed Technology: Focus on DC fast charging (ranging from 60kW to 200kW) to support both passenger electric vehicles (PEVs) and commercial fleets.
</li>
<li dir="ltr" style="font-size: 12pt;" aria-level="1">
Strategic Placement: Chargers will be integrated into Glida&rsquo;s existing and upcoming charging hubs across 15+ states and 30+ major cities.
</li>
<li dir="ltr" style="font-size: 12pt;" aria-level="1">
Sustainability Goals: The initiative aligns with India&rsquo;s PM E-DRIVE scheme and the national goal of achieving 30% EV penetration by 2030.
</li>
</ul>
<h3 dir="ltr">Executive Perspectives</h3>
Commenting on the collaboration, industry experts note that the synergy between Exicom&rsquo;s manufacturing prowess and Glida&rsquo;s operational expertise creates a "plug-and-play" model for rapid scaling.
"Our goal is to make EV charging as seamless as refueling a traditional vehicle," an Exicom spokesperson stated during the announcement. "By partnering with Glida, we are ensuring that high-speed charging is accessible to every EV driver, whether they are commuting within a city or traveling across states."
<h3>Impact on the Indian EV Market</h3>
The timing of this announcement is pivotal. With major OEMs like <a href="../electric-vehicle-companies/tata-motors-ev">Tata Motors</a>, <a href="../electric-vehicle-companies/mahindra">Mahindra</a>, and <a href="../electric-vehicle-companies/mg-motor-ev">MG Motor</a> expanding their electric portfolios, the demand for reliable public charging has never been higher. Furthermore, the recent news of JBM Group&rsquo;s interest in acquiring Glida underscores the massive commercial value and consolidation happening within the Indian EV charging space.
For EV owners, this partnership means shorter wait times and more "green corridors" on Indian highways. For the industry, it marks a significant step toward a self-sustaining, electrified transportation ecosystem.

Exicom and Glida announce a strategic partnership to install 5,000 high-speed DC fast chargers across India, boosting EV infrastructure and reducing range anxiety.

Exicom and Glida Partner to Deploy 5,000 EV Fast Chargers in India

Accelerating India's Electric Mobility: A Strategic Collaboration to Build a Robust National Charging Network.

Exicom and Glida Join Forces to Deploy 5,000 High-Speed EV Chargers Across India

<a href="../electric-vehicle-companies/ola-electric-ev">Ola Electric</a> has announced a major financial turning point in its Q2 FY26 results, reporting its first-ever profitable quarter for its auto business. The company's strong performance was bolstered by expanding margins, new product launches, and the commissioning of its Gigafactory.
<h2>A New Era: Profitability and Margin Expansion</h2>
The most significant news from the quarter is the auto division's positive EBITDA of 0.3%, a substantial turnaround from -5.3% in the previous quarter.
This was driven by a powerful gross margin expansion to 30.7%, which Ola notes is higher than most traditional ICE two-wheeler companies. This profitability was achieved with minimal (2.0%) contribution from PLI schemes, showcasing strong core business health.
The company's auto business is now also cash-generative, with an adjusted cash flow from operations of ₹15 crore.
<h3>Ola's New Power Play: 'Ola Shakti' &amp; Gigafactory</h3>
<a href="../electric-vehicle-companies/ola-electric-ev">Ola Electric</a> is officially expanding beyond vehicles with two major strategic launches:
<ul>
<li dir="ltr" aria-level="1">
<h4><a href="../news/ola-shakti-launched-ola-electric-enters-home-energy-market-with-98-efficient-residential-battery-storage-bess">Ola Shakti (BESS)</a> :</h4>
</li>
</ul>
The company launched Ola Shakti, India's first residential Battery Energy Storage System (BESS) built with its in-house 4680 Bharat Cells. Designed for home backup and solar integration, Ola has massive expectations for this new vertical, projecting ₹1,000-₹1,200 crore in annual revenue in FY27.
<ul>
<li dir="ltr" role="presentation">
<h4>Gigafactory Commissioned :</h4>
</li>
</ul>
The Ola Gigafactory is now operational with an initial 2.5 GWh capacity, making it India's first Giga-scale cell facility. The company plans to migrate all its automotive products to its in-house cells within the next 6-9 months.
<h3>Sales &amp; Service: Roadster Surges, HyperService Launches</h3>
On the vehicle front, the <a href="../product/ola-electric-ev-roadster-3.5">Ola Roadster</a> motorcycle gained significant traction.
<ul>
<li dir="ltr" aria-level="1">
Sales grew 4x compared to Q1.
</li>
<li dir="ltr" aria-level="1">
It now represents about 15% of Ola's overall sales.
</li>
</ul>
To improve customer experience, Ola has also launched HyperService. This new initiative will provide genuine Ola parts to third-party garages and independent mechanics, opening up a new high-margin revenue stream from parts sales.
<h3>Key Technological &amp; Future Outlook</h3>
<ul>
<li dir="ltr" aria-level="1">
New Motor Tech : Ola certified India's first ferrite motor in October 2025, a move that eliminates dependency on imported rare-earth materials and lowers costs.
</li>
</ul>
Future Guidance : The company is focusing on margin discipline in H2 FY26. It forecasts a full-year consolidated revenue of ₹3,000-₹3,200 crore, with the auto segment expected to exit Q4 with a gross margin of around 40%.

Ola Electric's auto business turns profitable for the first time in Q2 FY26, driven by 30.7% margins. The company also launched its 'Ola Shakti' BESS & commissioned its Gigafactory.

Ola Electric Turns Profitable, Launches Ola Shakti Home Battery

Ola Electric Achieves First-Ever Profit in Q2 FY26; Launches 'Ola Shakti' Home Battery

<div id="model-response-message-contentr_9113163fb1653e8a" class="markdown markdown-main-panel stronger enable-updated-hr-color" dir="ltr">
&nbsp;In a landmark disclosure for India's electric vehicle industry, TVS Motor Company has confirmed that its burgeoning EV business is built on a foundation of profitability, a revelation made as the division's revenue spectacularly crossed the ₹1,000 crore mark in a single quarter. However, this moment of strategic triumph for the otherwise flawlessly performing auto giant is dangerously undermined by a severe supply chain crisis. This critical vulnerability not only threatens to cap its growth but also risks ceding market share to its chief rival, Ola Electric, which appears better prepared for the battle ahead.
<h3>A Company at the Peak of its Powers</h3>
The EV story unfolds within the context of a company firing on all cylinders. TVS Motor&nbsp;reported its highest-ever quarterly revenue of&nbsp;₹10,081 crore, with operating EBITDA surging 32% and margins improving to a robust 12.5%. This financial might is supported by a record export performance of 3.52 lakh units, strong growth in Latin America, and stabilizing demand in Africa. Even its domestic combustion engine (ICE) business grew steadily, buoyed by the continuing trends of scooterization and premiumization. It is against this backdrop of comprehensive success that the EV division's performance&mdash;and its problems&mdash;become even more significant.
<h3>TVS Reveals EV Profit Secret</h3>
The centrepiece of TVS's growth narrative is now undeniably its EV arm. Management finally addressed the industry's most pressing question, confirming that both its flagship TVS iQube scooter and the new TVS King EV Max three-wheeler are "gross margin positive." This means the company makes a profit on the direct cost of every EV it sells, a crucial sign of a sustainable business model.
This profitability is fueled by immense scale. TVS sold 70,000 iQube units in Q1,&nbsp;surpassing the&nbsp;600,000 cumulative sales milestone for the model. Its portfolio has broadened to six variants, successfully attracting mainstream ICE customers beyond the initial pool of early adopters. The new King EV Max three-wheeler made a spectacular debut with 5,260 units sold, proving the profitable model is replicable. This segment's financials will be further bolstered as it begins receiving government PLI scheme benefits from June.
<h3>The Achilles' Heel: A Crisis for TVS, An Opportunity for Ola</h3>
While TVS celebrates its financial and operational milestones, it is simultaneously fighting a battle in its supply chain. In a candid admission, management revealed a critical shortage of rare-earth magnets, an indispensable component in EV motors. The situation is so acute that the company is reduced to "managing daily production," a precarious state that has already caused a sequential dip in its sales figures. A company with flexible production capacity that can be scaled in 12 weeks and a three-wheeler network covering 70% of the market is being hamstrung by its inability to source a single component.
This production bottleneck places TVS in a perilous competitive position. As TVS scrambles for parts, its primary rival, Ola Electric, has publicly asserted that it has secured an adequate stock of rare-earth materials for the near term and is deeply invested in developing its motor technologies. This creates a starkly contrasting scenario: while potential TVS customers may face waiting lists, Ola could leverage its supply chain stability to ramp up production and aggressively capture that waiting demand. The risk of TVS losing its hard-won market share due to this vulnerability is now a clear and present danger.
The War Room: TVS's Multi-Pronged Fightback
In response to this existential threat, TVS has mounted a comprehensive defence. The short-term plan involves meticulously managing existing inventory and recycling larger magnets. The crucial long-term strategy, however, is a race against time to de-risk its supply chain by:
<ol start="1">
<li>
Investing heavily in R&amp;D to develop next-generation motors using HR-free (Heavy Rare-earth free) magnets.
</li>
<li>
Aggressively diversifying its sourcing to reduce dependence on any single country.
</li>
<li>
Exploring partnerships within India to help build a domestic magnet supply ecosystem.
</li>
</ol>
Even amidst this crisis, the company is pushing its product offensive, confirming the launch of a new electric two-wheeler and a new electric three-wheeler in the very next quarter.
<h3>A Broader Vision: More Than Just EVs</h3>
TVS's ambition extends far beyond the current EV battle. The company is simultaneously nurturing its super-premium motorcycle ambitions through Norton Motorcycles, with a new generation of superbikes set to be unveiled this year for both European and Indian markets. Its European e-bike business, though currently slow, has been consolidated for efficiency with a clear path to breakeven. Supporting this all is the phenomenally successful financial arm, TVS Credit, which boasts a loan book of nearly ₹26,900 crores and serves over two crore customers.
<h3>Conclusion: A Defining Moment</h3>
TVS Motor Company is at a pivotal moment. It has achieved the difficult task of building a profitable, high-growth EV business within a larger, well-oiled corporate machine. Yet, its most tremendous success is now threatened by its most significant vulnerability&mdash;a supply chain dependency that a key competitor appears to have mitigated more effectively. The coming quarters will be a defining test of TVS's operational resilience. Its ability to navigate this component crisis will determine if it can defend its market position and continue its impressive growth trajectory, or if the brutal realities of global supply lines will stall its electric dream.
</div>

TVS reveals its EV business is profitable with record ₹1,000 crore revenue, but a critical magnet shortage threatens production and market share. 

Are TVS's Electric Scooters Actually Profitable? The Company Finally Breaks Its Silence

<a href="../electric-vehicle-companies/tvs-ev">TVS Motor Company</a> is gearing up for a major electric push with the launch of a brand-new electric two-wheeler and electric three-wheeler in the October&ndash;December quarter of FY26, CEO KN Radhakrishnan confirmed during the company&rsquo;s Q1 earnings call. The move comes as TVS strengthens its dominance in India&rsquo;s EV market and expands its electric three-wheeler network, which already covers nearly 70% of the segment nationwide.
<h3 class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-outline-level: 3;">New Electric Two-Wheeler &amp; 3-Wheeler Coming Soon</h3>
The upcoming models are expected to build on the success of TVS iQube and the recently launched TVS King EV Max, which debuted in January 2025 at ₹2.95 lakh. &ldquo;The TVS King EV has received tremendous response in the market, and we plan to scale it further to become a key player in the electric three-wheeler category this year,&rdquo; said Radhakrishnan.
<h3 class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-outline-level: 3;">Norton Motorcycles &amp; Adventure Tourer Entry</h3>
TVS is also preparing to launch four new Norton Motorcycles models in FY26 across India, the UK, and Europe. The first release will be a flagship 1200cc four-cylinder superbike, expected between October and December. Additionally, TVS will enter India&rsquo;s growing adventure tourer segment and launch its first electric bicycle this year.
<h3 class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-outline-level: 3;">TVS iQube Dominates EV Sales</h3>
The Indian EV two-wheeler market has seen a dramatic shift in 2025. While Ola Electric and Ather Energy initially led, traditional OEMs like TVS and Bajaj Auto have surged ahead.
<ul type="disc">
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list 36.0pt;">June 2025 EV Sales: TVS Motor topped the charts with 25,274 registrations, capturing 24% market share.</li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list 36.0pt;">Q1 FY26 Sales: TVS sold nearly 70,000 iQube scooters in the first quarter alone.</li>
<li class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list 36.0pt;">Cumulative Sales: TVS iQube sales have crossed 6 lakh units.</li>
</ul>
TVS currently offers six variants of the iQube, priced between ₹1.13 lakh and ₹1.71 lakh, catering to both urban commuters and premium buyers.

TVS Motor to launch a new electric 2-wheeler & 3-wheeler in Oct–Dec FY26. TVS iQube crosses 6 lakh sales as the company dominates India’s EV market with 24% share.

TVS to Launch New Electric Scooter & 3-Wheeler in Q3 FY26 | iQube Sales Cross 6 Lakh

TVS to Unveil New Electric Scooter & 3-Wheeler in Q3 FY26 | iQube Sales Cross 6 Lakh Units

Continental Automotive India, on Friday, crossed the manufacturing milestone of one hundred million Wheel Speed Sensors (WSS) and ten million Electronic Brake Systems (EBS) in its Gurgaon plant. The manufactured components are designed to complement Electronic Stability Control (ESC) and Anti-lock Brake Systems (ABS) while ensuring the vehicle’s safety, Autocar professional reported. Continental's EBS portfolio comprises ESC for passenger vehicles and ABS for passenger cars and two-wheelers. ESC improves a vehicle's directional stability and steerability, whereas ABS prevents wheel lock-up and preserves steerability under braking. WSS signals are necessary for control systems such as ABS and ESC. According to a 2023 report by the Ministry of Road Transport and Highways, Road safety is one of the major concerns in India, where every hour, the country observes 53 accidents and 19 deaths, making the daily average of accidents and deaths 1,264 and 42 respectively. To ensure safety and mitigate these challenges, ESC regulations and ABS technology were mandated in 2019 and 2022.&nbsp; Citing Sukhdeep Sandhu, Head of Safety and Motion at Continental Automotive India, Autocar professional reported, "Safety is non-negotiable. At Continental, we have consistently brought relevant technologies to the market for our customers, helping make vehicles and our roads safer. Our expertise in active and passive safety systems is a key driver in reducing traffic-related fatalities, injuries, and road accidents." Continental's long-term goal, "Vision Zero," aims to eliminate road fatalities, injuries, and collisions. The firm is a significant WSS producer in India, selling these components to prominent OEMs domestically and exporting to Asian and European markets.

Road safety is one of the major concerns in India, where every hour, the country observes 53 accidents and 19 deaths, making the daily average of accidents and deaths 1,264 and 42 respectively.

Continental Automotive crosses 100 million milestone in manufacturing 

Continental Automotive crosses 100 million milestone in manufacturing Wheel Speed Sensors

Prashant

The country's first solar-based battery storage electric vehicle charging facility, capable of running 24 hours a day, is under construction near Kempegowda International Airport in Devanahalli, Bengaluru. The initiative, performed in partnership with private companies, is anticipated to be operational by the end of September. This hub will be equipped with 20 fast charging stations and three common charging points for it to charge 23 vehicles simultaneously. On average, fast charging stations can recharge cars in 30 minutes to 1 hour while regular charging points take longer periods. The project is a partnership between GIZ and Noonam, that contains high-capacity fast charging stations of 50 kW and 30 kW, as well as common charging outlets of 7.5 KW and 3.3 kW. The hub’s special part is the integrated system which has two 45 kW life batteries which store solar energy by day and enable 24-hour charging power during the night. Furthermore, used car batteries will be used to stock solar energy. According to the reports, the growing number of electric automobiles in Bengaluru and across the state has prompted the development of such charging infrastructure. While the airport has EV charging stations, they are currently limited to airport cars and private agencies. The new solar-powered centre attempts to close this gap by providing a quick charging solution for the thousands of vehicles that arrive at the airport every day. The government's objective is to encourage electric vehicles which is demonstrated by its ambitious aim to install 2,500 EV charging stations across Karnataka. The Devanahaill hub acts as a model for the state's future charging infrastructure development efforts. With Karnataka leading the country in electric car adoption, expanding charging infrastructure is critical to meet rising demand.

This hub will be equipped with 20 fast charging stations and three common charging points to charge 23 vehicles simultaneously. On average, fast charging stations can recharge vehicles in 30 minutes to 1 hour.

India’s first solar-based EV charging facility

Through its home charging division, <a href="https://www.evindia.online/company/tata-motors" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: transparent;">Tata</a> Power has identified a potential market niche in the <a href="http://www.evindia.online" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: transparent;">electric vehicle</a> (EV) charging industry. The company's cost-plus pricing approach and service fees are to thank for its success in this market.Within Tata Power's EV charging business, this specific niche has grown to become a pillar of profitability. As published by&nbsp;CNBC-TV18, Tata Power's Managing Director and CEO, Praveer Sinha, said that the company's cost-plus pricing strategy is the reason for the excellent profits in home charge. In this approach, Tata Power charges a fee for both the related services and the EV chargers. This all-encompassing strategy, which addresses both the hardware and services, ensures the business will maintain a profit margin. The home charging market has enormous development potential, according to Sinha, who said "Currently, we have 50,000 home chargers, and we anticipate this quantity to grow substantially in the five years to come." Tata Power's dedication to supplying the rising demand for at-home EV charging solutions is demonstrated by this expansion. “It's crucial to keep in mind, though, that one of the three essential elements of EV charging is home charging,” Sinha stressed that there are three different types of EV charging: fleet charging, home charging, and public charging. Tata Power has found success with its home charging business, but it also actively participates in fleet charging for commercial vehicles and public charging infrastructure to accommodate a variety of EV consumers. The public charge, which is now a very small component, is the only area where returns have not yet materialised, according to Sinha. The EV market in India seems to have a bright future, and Tata Power is establishing itself as a major participant. The expansion of the home charging and other EV charging segments is anticipated to play a crucial role in promoting the adoption of electric vehicles across the nation as the country continues its transition towards sustainable transportation. Tata Power is committed to assisting India's renewable energy revolution, as seen by its emphasis on profitability and its plans to increase its charging infrastructure.

The expansion of the home charging and other EV charging segments is anticipated to play a crucial role in promoting the adoption of electric vehicles across the nation as the country continues its transition towards sustainable transportation.

Tata to grow in the home EV charging 

Tata Power aims to grow in the home EV charging segment

As it prepares to compete with<a href="https://olaelectric.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);"> Ola Cabs</a> and <a href="https://auth.uber.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Uber</a>, <a href="https://blu-smart.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">BluSmart</a>, the <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicle </a>(EV) ride-hailing startup, said on Thursday that it has secured $42 million in new investment.The most recent investment round for BluSmart comprised $5 million in venture loans along with $37 million in equity funding. Existing investors in the company took part in it, including BP Ventures, the investment arm of the world's largest energy company BP Plc, which owns 20% of the stock. The founders and management team of BluSmart invested close to 50% of the amount.&nbsp; The money will be utilised to improve BluSmart's operations in Bengaluru and Delhi NCR, two areas where the business offers services. In FY24, the company wants to increase its fleet of 3,500 EVs to roughly 10,000. Anmol Singh Jaggi, co-founder and CEO of BluSmart said that the company 'plans to deploy additional funding to push deeper in Delhi NCR and Bengaluru, two significant regions that now account for 40% of the ride-hailing sector'. "With this deeper expansion, our goal is to better serve our existing customers by increasing the availability," the CEO stated. The Gurugram-based company was established in 2019 and first provided airport transport in Delhi before moving on to scheduled reservations. Later, it grew to include Bengaluru.Contrary to its rivals, BluSmart only uses electric vehicles, as evidenced by the fact that its monthly revenue increased three-fold over the previous three quarters. The company claims to have already saved over 12.6 million gallons of fossil fuel and has more than 2,300 EV charging stations spread out across Bengaluru and Delhi NCR.“The electrification of public transportation is imminent but the path to electrification has its own challenges,” Jaggi said, adding, “BluSmart tackles these challenges through an integrated and full-stack approach consisting of – born electric tech stack, complete control over EV charging infrastructure (installation, execution and utilisation) and choosing the prime locations to build large scale EV charging infrastructure, optimally using and maintaining the EV ride-hailing fleet at scale.”With the aid of Power Finance Corporation (PFC), BluSmart was able to add 5000 EVs to its growing fleet of 100% electric ride-hailing <a href="https://evindia.online/vehicles?type=3" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">cars</a> and get the largest EV asset finance in India."While BluSmart's business purpose is to make the transition to electric vehicles in the ride-hailing industry a reality, our people's mission is to offer inclusive and fair economic possibilities for driver-partners. BluSmart co-founder and chief business officer Tushar Garg stated, "We are focusing on sustainability and profitability with a wider mission to accelerate EV adoption and reverse climate change.

The most recent investment round for BluSmart comprised $5 million in venture loans along with $37 million in equity funding.

Electric Vehicles in India

Popular Electric Vehicles

TVS iQube 2.2 kWh

Ampere Nexus ST

Ola Roadster (3.5 kWh)

TVS iQube ST 5.3 kWh

TVS Orbiter

Ather Rizta S

Vida V2 Pro

Ola S1 X (4kWh)