The customers can also enjoy ₹10,000 off on S1 X+ through the EMPS which is scheduled to end on July 31. Meanwhile, customers will be able to buy S1 X+ at an ex-showroom price of ₹84,999 until the subsidy ends. 

Rs15000 off on S1 Pro and S1 Air: Ola Electric rolls out offer amidst EMPS ending

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BYD (Build Your Dreams), the global leader in new energy vehicles (NEVs), is all set to captivate the Indian market with its futuristic electric SUV, the BYD Sealion 7, which will be showcased at the upcoming Bharat Mobility Global Expo 2025. Known for its rivalry with Tesla, BYD with its new offering may tap the luxury market of the Indian EV industry.&nbsp; The company’s innovative technologies and sustainability-driven vision will be reflected in its latest offering. The entry of the Sealion 7 will mark another significant step in revolutionising the electric vehicle (EV) landscape. What Makes the BYD Sealion 7 Unique? A Design Inspired by the Sea The Sealion 7 features an exclusive ocean-inspired design, an Idea manifested in life by BYD's Global Design Director, Wolfgang Egger. The SUV's aesthetic is a nod to the fluidity and power of ocean waves, featuring a sleek, aerodynamic silhouette with the signature "Ocean X" front styling. This design philosophy is not just skin deep; it's integrated into the vehicle's performance through technologies like Intelligent Torque Active Control (iTAC) and Cell-to-body (CTB). The latter integrates the battery directly into the vehicle's structure, enhancing space efficiency and vehicle stability. Bold and Aerodynamic Design Inspired by the ocean, the Sealion 7 has a sleek, futuristic aesthetic crafted by Wolfgang Egger, BYD’s Global Design Director. With its dynamic curves and aerodynamic structure, the SUV is not only visually appealing but also highly efficient. It is designed similarly to the Seal's LED headlights. The Sealion 7 features air curtains on the bumpers to improve the electric SUV's aerodynamics even further. The car will most likely have a sloping roofline and flush door handles on the side, giving it a coupe appearance. With a motorised tailgate, it features a connected LED DRL and taillamp at the back. Advanced Performance Capabilities The Sealion 7 is equipped with BYD’s Intelligent Torque Active Control (iTAC) system and the Cell-to-Body (CTB) technology. These features provide outstanding stability, safety, and road performance, making it a standout in the mid-size electric SUV segment. Exceptional Battery Range The vehicle features an AWD powertrain, Moreover, powered by a blade battery, the vehicle can reach 0-100 km/h in just 4.5 seconds. In the global market, the vehicle comes in three battery packs. However, it is yet to be known which variant of the vehicle will be launched in India. However, Market analysts are suggesting that it might appear in two battery options—82.5 kWh and 91.3 kW which will power the Sealion 7 to deliver an expected driving range of up to 502 kilometres on a single charge, ensuring a worry-free long-distance driving experience. Judging from the globally available Sealipon-7, the vehicle may come with the following luxury features– Interior and Features (expected) The Sealion 7 may come packed with modern amenities, including: 1-A 15.6-inch rotating touchscreen for infotainment. 2-Nappa leather seats for enhanced comfort. 3-128-color ambient lighting for a premium in-car atmosphere. 4-A 12-speaker Dynaudio system that provides an immersive audio experience. BYD’s Journey in India BYD has been operational in India for over 17 years and is steadily expanding its footprint in the market. The company plans to increase its dealership network from 27 to 40 outlets by the end of 2025, reflecting its commitment to the Indian EV market. However, the company’s Chinese origin impedes its expansion in India. In 2023, the government of India, citing security concerns declined to let BYD set up a $1bn worth factory in India. With the company’s new launch, it will be interesting to note the consumer behaviour of Indians. The Sealion 7 is expected to strengthen BYD’s position in India alongside its existing models such as the BYD Atto 3 and BYD E6. With the electric four-wheeler market expected to grow up to 10% in 2025, BYD’s advanced EV offerings are well-timed to meet the demand for reliable and efficient electric vehicles. Market Impact and Competition Scheduled for launch in India by the first quarter of 2025, the Sealion 7 is poised to make a significant impact. With an expected price tag starting around Rs 45 lakh to Rs 55 lakh (ex-showroom), it enters the fray alongside competitors like the Kia EV6 and Hyundai IoniqHowever, its blend of performance, design, and technology might set it apart, appealing to those who seek luxury brands. A Step Forward for India’s EV Revolution The launch of the BYD Sealion 7 in India is an exciting development for EV enthusiasts and sustainability advocates. With its advanced features, long-range blade battery, and ocean-focused luxury design, the Sealion 7 will be a competent product in the Indian EV market. As BYD continues to expand its presence and introduce groundbreaking technologies, the Sealion 7’s debut is a clear indication of the company’s ambition to further spread its legs in the EV industry amid India’s effort to transition towards electric mobility. Stay tuned for more updates from BYD at the Bharat Mobility Global Expo 2025 where the Sealion 7 and other innovative models will take center stage.

Experience the BYD Sealion 7, a luxury electric SUV debuting at Bharat Mobility Expo 2025. With sleek design, advanced features, and a long-range blade battery, it’s set to redefine India’s EV market.

BYD Sealion 7 at Bharat Mobility Expo 2025: Redefining India’s EV Luxury Market

BYD Sealion 7: “Making waves” at the Bharat Mobility Expo 2025

Prashant

Well, it can be said that we can see the upcoming Bharat Mobility Global Expo as a conjecture of private and public efforts done in the last few years to transition the market from ICE to electric vehicles. The potential of the Indian market is well reflected in the fact that the Vietnamese company VinFast has chosen India as its fourth global EV market after Canada, the USA and Europe. The consumer-driven market of India needs affordable high-tech rides that can serve well on Indian roads and varying terrains. Amidst the attempt to provide such transformation, VinFast has emerged as a promising player, bringing its innovative EV solutions to market in India and across the globe. Now, with its first foray into India through Bharat Mobility, VinFast is ready to disrupt the Indian EV market with its promise of technological superiority and sustainable mobility. Who is VinFast? VinFast, a subsidiary of the Vietnamese conglomerate Vingroup, is relatively new to the automotive industry, having been founded in 2017. Despite its young age, VinFast has quickly made a name for itself with its ambitious vision and rapid product development. The brand debuted in the global automotive arena with internal combustion engine (ICE) vehicles but swiftly transitioned to focus exclusively on EVs by 2021. This bold pivot underscores its commitment to driving the world toward a greener future. With a strong emphasis on cutting-edge technology, sustainability, and customer-centric designs, VinFast has established a presence in several international markets, including the United States, Europe, and now India. Its entry into the Indian market through Bharat Mobility is a strategic move that reflects the growing potential of India as a key player in the global EV ecosystem. Why India? The Potential of the Indian EV Market India is one of the world's fastest-growing automotive markets, with a population exceeding 1.4 billion and increasing urbanisation. However, the penetration of EVs in the Indian automotive market is still relatively low, accounting for less than 2% of total vehicle sales as of 2024. The researchers have indicated that this number is going to rise significantly in the year 2025, with the four-wheeler EV market expected to see a penetration of about 10%. This gap is filled by the EV manufacturers who are all set to introduce innovative products tailored to Indian consumers' needs. Several factors make India a promising market for EVs: Government Initiatives: Policies like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, subsidies, and incentives on EV purchases encourage consumers to switch to electric mobility. Environmental Awareness: With rising air pollution levels in major cities, the demand for cleaner, greener alternatives is on the rise. Growing Infrastructure: The expansion of EV charging networks and renewable energy sources makes it more feasible for consumers to adopt EVs. According to a report by Forvis Mazars, “With the number of public charging stations increasing from 1,800 in early 2022 to over 16,000 by March 2024, the landscape is evolving rapidly.” Cost Sensitivity: Indian consumers are highly cost-conscious, and the promise of lower running costs for EVs compared to traditional ICE vehicles is a significant draw. Production-Linked Incentive (PLI) Scheme: India's PLI scheme has been successful in attracting global manufacturers to set up operations in the country. The fact that VinFast opened a manufacturing plant in Tamil Nadu six months ahead of schedule in the first half of 2025 speaks to the effectiveness of the scheme. The facility is in line with India's "Make in India" initiative but also speaks to the commitment of VinFast to localizing production to reduce costs and create more jobs. As such, this is going to be one of the major production facilities for VinFast Electric Vehicles in India. As such, it will provide more localized solutions for the market while supporting the government's goals of electrification and self-reliance in the automobile sector. Showcasing Innovation at Bharat Mobility Global Expo 2025 VinFast is set to make waves at the upcoming Bharat Mobility Global Expo 2025, scheduled from January 17 to 21. Among the highlights are two of its most anticipated electric sports utility vehicles (SUVs): the VF 7 and VF 9. The VF 7: Sleek Design Meets Performance The VF7 electric car is a five-seater sporty ride which comes with a swoopy, crossover-like appearance complemented by sleek lights at the front and rear in a design of VinFast’s “V”,&nbsp;symbolising innovation and vision. In markets outside of its home country, the VF 7 is supplied in two variations: Eco, with a net 75.3kWh battery pack and, another with a similar net 75.3kWh battery pack. Performance: The Eco variant features a single motor delivering 204 horsepower and 310 Nm of torque, while the Plus variant boasts a dual-motor setup, offering 354 horsepower and 500 Nm of torque. Range: The Eco trim has a WLTP-rated range of 450 km, and the Plus variant offers 431 km. Technology: Both trims come equipped with a Level 2 Advanced Driver Assistance System (ADAS) suite. The Eco trim features a 12.9-inch infotainment touchscreen, while the Plus variant is upgraded to a 15-inch screen. Wheels: Alloy wheels vary by trim, with 19 inches for the Eco and 20 or 21 inches for the Plus. The VF 7 is a testament to VinFast’s ability to blend aesthetics, functionality, and advanced technology, making it an ideal choice for Indian urban and semi-urban consumers. The VF 9: Redefining Luxury and Utility As the largest e-SUV in VinFast’s lineup, the VF 9 is designed for families and adventure enthusiasts. This three-row SUV can comfortably seat six or seven passengers and boasts dimensions larger than the Audi Q7. Performance: Both the Eco and the Plus variants will have a 123kWh battery pack with a dual-motor all-wheel drive, with 408 horsepower and 620 Nm of torque. The Eco can accelerate from 0-40 km/h in 6.6 seconds, while the Plus does it in 6.7 seconds, depending on the seating configuration. Range: The VF 9 offers an impressive WLTP-rated range of up to 531 km, ensuring the solution to your range anxiety. Luxury Features: From spacious interiors to advanced infotainment systems, the VF 9 caters to consumers seeking both luxury and practicality. These models highlight VinFast’s commitment to catering to diverse customer needs, from urban professionals to large families. What Sets VinFast Apart? VinFast’s entry into the Indian market is a testament to its confidence in delivering value and innovation. But what truly sets the brand apart from its competitors? 1. Technological Superiority VinFast has consistently invested in state-of-the-art technology to ensure its EVs offer an unparalleled driving experience. The VF comes with an AWD powertrain and two motors delivering 402 HP making the ride stand out in performance terms. Features like smart parking assist can assist the driver in entering and exiting parking spaces by navigating from parallel, perpendicular, or inclined parking locations. The vehicle also comes with Blind Spot detection which supports a safe lane change manoeuvre by using radar sensors to alert drivers of the objects in the blind spots. Moreover, advanced driver-assistance systems (ADAS), over-the-air (OTA) updates, and integrated AI-based solutions add feather in the cap. ﻿2. Sustainability Focus From adopting renewable energy in manufacturing facilities to focusing on eco-friendly materials in vehicle interiors, VinFast emphasizes reducing its carbon footprint. Its commitment to battery recycling and second-life applications contributes to a circular economy. 3. Customer-Centric Approach VinFast ensures its vehicles are adaptable to diverse market conditions, designing for durability and cost-efficiency tailored to Indian roads and consumer preferences. 4- Aesthetics like never before The vehicle comes with “Premium Innovation With 3 Rows of Seating For 7 People,” making the ride suitable for your large family. The configuration gives the ride a bulky look. VinFast has featured an on-of-its-kind Glass Roof in its ride. The interior of the vehicle is also designed very sophisticatedly, as seen in the ride’s dynamic ambient lighting that can be customized according to your mood. Vegan leather hugs the seats of the vehicle and the digital cockpit makes the ride an aesthetical statement.&nbsp; 5- Safety reimagined While manufacturing the VF series it seems like the company has paid a special emphasis on the user’s safety. In the vehicle, ADAS helps keep you and your passenger safe with features including collision warning, fully automatic parking assist, remote parking, on-ramp and off-ramp assistance, cruise assistance, motorway driving aid, auto lane-changing assist, and summon mode.&nbsp; A Bright Future: Transforming Indian Mobility VinFast’s partnership with Bharat Mobility, coupled with its showcase at the Bharat Mobility Global Expo 2025, underscores its ambition to lead India’s EV revolution. With cutting-edge technology, sustainable practices, and customer-centric designs, VinFast is set to redefine mobility in India. As India accelerates toward a greener future, collaborations like this will shape the narrative of sustainable transportation for generations to come. VinFast and Bharat Mobility are poised to lead this transformation, one innovative EV at a time.

After opening a facility in Tamil Nadu, VinFast gears up to launch VF7 and VF9 at Bharat Mobility Global Expo 2025

VinFast EV’s India Debut

VinFast EV’s India Debut: A Reciprocative Trust Between Tech and Market

Rage anxiety is one of the biggest impediments to EV adoption. Companies in the EV industry are continuously working to solve this issue by developing electric vehicles that can travel longer on a single charge and do not need frequent charging. You will be amazed to know that NDS Eco Motors has achieved to develop a range of electric scooters that can go up to a whopping 218kms on a single charge. Yes, you read it right!Ranging from delivery-centric electric scooters to everyday inter or intra-city commutes the NDS Eco Motors emerges as a beacon of practicality and inclusivity. Since its humble beginnings in 2015, this Bangalore-based innovator has been redefining what electric mobility means for the everyday Indian. With models like the SQD and E2C, the company is dedicated to offering a vision of sustainable transport that's both accessible and effective. As the Bharat Mobility Global Expo 2025 approaches, NDS stands ready to showcase how they've bridged the gap between high-end electric vehicles and the needs of the mass market.The Journey of NDS Eco Motors: From Vision to ImpactNDS Eco Motors set out with a mission to democratize electric mobility. With an authorized share capital of Rs. 95,000,000 and a paid-up capital of Rs. 55,000,000, they've claimed to develop an electric vehicle which comes with affordability without compromising on utility.&nbsp;NDS Eco Motors first entered the market with its ARAI-approved model, ALFA, followed by the launch of the advanced LIO and LIO+ variants, featuring cutting-edge lithium-ion batteries. These models meet ARAI homologation standards and qualify for FAME I incentives, highlighting the company’s commitment to quality and sustainability in electric mobility. In total, the company offers 2 electric scooters SQD and E2C in different variants. The SQD electric scooter variants come with the following specifications– <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXej_GOO3_kJTgR5NpR4HUDq8NhKTuRm-PB0ZPJD9-ECYkw7_Mzyvv4-8FWBJfY_UaN2nkFIa1Iy_HPpHWuziBDnIgFq-GNPdnXEpv8R7OQAQKWuH4QoIjUTvHNnqdtVnF5qraTFWQ?key=UNEYxfxA-Bu_mg-tdOPXfqtw" height="251" width="624">Both the SQD and E2C offerings of the company come in five variants including Pro, Pro Max, Pro Max+, Ultra+, and Ultra Max. All vehicles come equipped with BLDC Motors and a fixed battery. Ensuring safety, the SQD and E2C electric scooters feature disc brakes, twin telescopic suspension at the front and drum brake, and twin shock absorbers at the rear.&nbsp;Through their "Make in India" ethos, NDS has tailored their scooters for the diverse Indian terrains, achieving sales from hundreds to thousands post-launch, proving there's a market hungry for practical electric solutions.Leading Edge in Eco-Friendly Scooter InnovationThe Bharat Mobility Global Expo 2025 is the perfect stage for NDS Eco Motors to shine. Here, they plan to unveil their latest innovations, including the company’s delivery-centric electric scooter–E2C-D which also claims a range of 218km in its Pro Max + variant. The other variants of the scooter are E2C-D Pro and E2C-D Pro Max. As per the company, the E2C-D is India’s 1st ARAI-approved electric two-wheeler scooter designed to cater to the growing demand for eco-friendly last-mile delivery solutions. The vehicle can revolutionize the delivery segment of e-commerce as we understand and may come out as a cost-saving alternative. Attendees will witness NDS's commitment to expanding their product line, with a focus on integrating even more advanced battery technology to go beyond the current range. It's not just about showcasing products; it's about demonstrating how NDS envisions a future where electric mobility is not only a luxury but a norm, both in India and potentially on the global stage.Innovation and Sustainability: The NDS WayAt the heart of NDS's narrative is innovation tailored for the Indian context. Their innovation centre has been the crucible for developing scooters that not only fit the budget but also excel in performance. Features like regenerative braking are not just buzzwords here; they're practical solutions that extend range and promote sustainability. NDS has mastered the art of making lithium-ion batteries work within India's variable climate, ensuring their scooters are as reliable in the sweltering heat of Chennai as they are in the cooler climes of Shimla.&nbsp; Their proactive approach extends to after-sales support, with a growing network of dealers and service centres across urban India, fostering trust in electric mobility by addressing one of its biggest challenges: maintenance.The company’s E2C variant is another example of the company’s technological superiority. The multipurpose vehicle offers the following–<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfVnddEZVxvVPQYog-qXjx0SEAiDFWJACRHe5I_y_X_LJzJXSN1JHemyahXn8CZFgyKpTRDiTk30clAE0uRBSpc_ptkhmMcTbpUu4C41zWsphjcB4ReXUVaj_4gzb8EkAODnTPI?key=UNEYxfxA-Bu_mg-tdOPXfqtw" height="185" width="624">NDS Eco Motors: Shaping the Future of Urban TransportAs we look to the future, NDS Eco Motors isn't merely expanding its product catalogue; they're reimagining urban transport. The Bharat Mobility Expo will serve as a glimpse into their plans for smart mobility integration, where NDS scooters could play a pivotal role in smart city developments, aiding in traffic management and energy efficiency. There's also a whisper of potential partnerships with renewable energy providers for solar-powered charging solutions, pushing the envelope on reducing the carbon footprint of personal transport.

Discover NDS Eco Motors' groundbreaking electric scooters with up to 218km range, redefining sustainable and affordable mobility at Bharat Mobility Expo 2025. Perfect for urban commutes and last-mile deliveries.

NDS Eco Motors at Bharat Mobility Expo 2025: Affordable Electric Scooters with 218km Range

NDS Eco Motors: Pioneering Affordable, High-Range Electric Mobility at Bharat Mobility Expo 2025

Leading the Charge in Sustainable Urban MobilityVayve Mobility has taken up the challenge of reshaping India’s urban mobility by making it cleaner and more sustainable than ever imagined. And here by “cleaner and more sustainable,” we are not talking only about EVs, but by using the renewable energy as the main source to power up your ride. Vayve Mobility, a Pune-based startup, is all set to introduced "Eva," India's first solar-powered electric car, at the Bharat Mobility Global Expo 2025. The launch of this one-of-the-kind vehicle marks a statement about the future of transportation in one of the world's fastest-growing economies. So, what exactly does Vayve Mobility claims to offer? What will be Eva’s role in the Indian EV market? Lets take a comprehensive look.Understanding Vayve MobilityFounded in 2021, Vayve Mobility set out with a mission to design vehicles that would transform urban commuting. With a vision for sustainable, efficient, and affordable mobility, Vayve seems to have potential to quickly become a name to watch in the electric vehicle (EV) sector.&nbsp;Although, the company has already presented their Eva concept in Auto Expo 2023, the showcase in Bharat Mobility Expo will mark the company’s new achievements of achieving a close-to-production prototype.&nbsp;Well you know what is the saying? Good things take time!&nbsp;Showcasing the Future of Urban at Bharat Mobility Expo 2025The Bharat Mobility Global Expo 2025 played a pivotal role in Eva's introduction to the public. Held from January 17 to 22 in New Delhi, this event became the stage where Eva transitioned from a concept to a near-production reality. The expo, known for showcasing the latest in automotive innovation, provided Vayve Mobility with unparalleled visibility, attracting not only potential buyers but also investors and industry experts. Eva's display at Bharat Mobility underscored the growing interest in sustainable transport solutions in India, contributing significantly to its buzz.Eva - A Solar-Powered Revolution in Urban Transportation:&nbsp;Eva stands out with its solar-powered roof, offering an additional 10 km of range daily from sunlight alone, combined with a 250 km range on a single charge. This dual power system, alongside its compact design tailored for city life, positions Eva as a pioneer in eco-friendly urban transport.Catering to the Needs of Urban Commuters: Eva is primarily aimed at urban dwellers in India, particularly those who commute short distances daily. It's an ideal second car for families, focusing on cost efficiency, easy parking, and minimal environmental impact.Competition: In the burgeoning Indian EV market, Vayve faces competition from giants like Tata Motors and Mahindra, but Eva's specific focus on solar energy and urban utility carves out a niche. Competitors offer EVs but lack the solar integration, which is Eva's forte. Detailed Highlights of EvaA Fusion of Form and Function: Eva's design philosophy is centered around urban practicality, featuring a compact, two-seater layout with a sleek, aerodynamic body. Its solar panels are integrated into the roof, maintaining a clean, modern aesthetic while enhancing functionality.Advanced Technology for a Seamless Driving Experience: In addition to solar powered features, Eva includes dual digital displays, fast-charging capabilities (adding 50 km in 5 minutes), and smart connectivity options. The vehicle supports OTA updates, ensuring it stays current with technology advancements.Powering Urban Journeys with Efficiency: With a 14 kWh battery and an electric motor producing 8.15 PS and 40 Nm, Eva is designed for city speeds, reaching from 0 to 40 kmph in 5 seconds with a top speed of 70 kmph. Its lightweight construction further enhances efficiency, reducing operational costs to about ₹0.5 per km.Driving Towards a Greener Future: Eva's environmental impact is profound, harnessing solar energy to reduce reliance on grid electricity and fossil fuels. This aligns with India's sustainability goals, making it a symbol of green mobility.Company Vision &amp; Future PlansVayve Mobility aims to expand its footprint beyond Eva, targeting markets in South-East Asia, the Middle East, Africa, and South America. The company plans to vertically integrate by bringing battery pack technology and motor control in-house by 2025, ensuring control over product development and quality.The Impact of Eva on the EV MarketEva's introduction could significantly alter consumer perceptions of electric vehicles in India. Generally the argument given by the anti-EV promoters is that the electricity used to charge EVs is coming from burning thermal plants i.e. coal. Despite being loose on facts, with the introduction of the solar powered cars, this argument will loose the little merit it had.&nbsp; By offering a car that tackles both urban mobility and environmental concerns, it could accelerate the shift from traditional vehicles to EVs, particularly in urban settings where space is at a premium.Welcome the changeVayve Mobility's Eva is more than a car; it's a vision of sustainable urban living. Its launch at the Bharat Mobility Expo 2025 marks a milestone in India's journey towards cleaner transport solutions. With its unique blend of solar-powered efficiency, cost-effectiveness, and urban design, Eva is well-positioned to play a crucial role in shaping the future of electric mobility in India.

Discover Eva, India's first solar-powered electric car by Vayve Mobility. With a 250 km range and solar roof, it redefines sustainable urban commuting. Unveiled at Bharat Mobility Expo 2025.

Revolutionizing Urban Mobility: Vayve Mobility Launches Eva - India's First Solar EV

Revolutionizing Indian Roads: Vayve Mobility Unveils Eva - The Solar-Powered Game-Changer

The Bharat EV Expo 2025 marked a pivotal moment for the Indian electric vehicle (EV) sector as Okaya EV, a prominent manufacturer of electric two-wheelers, announced its rebranding to OPG Mobility. This strategic shift signifies a new era for the brand, with plans to strengthen its market position through an improved product range, innovative technology, and a stronger commitment to sustainability. <h4>Rebranding to OPG Mobility</h4> The rebranding of Okaya EV to OPG Mobility signifies more than just a new name. It represents a strategic initiative to align the company’s identity with its future vision. OPG Mobility embodies a progressive and dynamic approach to the fast-changing EV market. During the event, the company’s CEO, Anshul Gupta, stated, “This rebranding showcases our dedication to innovation, customer satisfaction, and environmental responsibility. OPG Mobility is not merely a brand; it’s a movement towards a greener and smarter India.”This decision to rebrand comes at a pivotal moment as India’s EV sector experiences rapid growth, driven by government incentives, heightened environmental awareness, and increasing fuel costs. By embracing a new identity, OPG Mobility aims to set itself apart in a competitive landscape and attract a wider audience, particularly millennials and Gen Z, who are essential to the EV revolution. <h4>Highlights of Okaya (OPG Mobility) at the Bharat EV Expo 2025</h4> At the Bharat EV Expo, OPG Mobility showcased its revamped portfolio of electric two-wheelers, which includes both updated models and entirely new launches. These vehicles are designed to cater to a wide range of consumers, from daily commuters to eco-conscious enthusiasts. The spotlight was on three key models: <ol><li>OPG Feather: A sleek, lightweight electric scooter tailored for urban commuters. With a top speed of 60 km/h and a range of up to 120 kilometers per charge, the Feather promises efficiency without compromising on style.</li><li>OPG Blaze: A high-performance electric motorcycle aimed at young riders. With its sporty design and advanced battery technology, the Blaze offers a range of 150 kilometers and a rapid charging feature that charges the battery to 80% in just 45 minutes.</li><li>OPG Cargo: An electric three-wheeler designed for last-mile delivery. The Cargo’s robust build and impressive payload capacity make it an ideal choice for e-commerce and logistics companies looking to reduce their carbon footprint.</li></ol> <h4>Commitment to Innovation and Sustainability</h4> One of the key announcements at the expo was OPG Mobility’s investment in advanced battery technology. The company revealed plans to establish a state-of-the-art battery manufacturing facility in Rajasthan, aimed at reducing dependency on imports and ensuring the availability of high-quality, indigenous batteries.In addition, OPG Mobility introduced its proprietary battery-swapping technology, which allows users to exchange depleted batteries for fully charged ones within minutes. This initiative is expected to address the challenges of range anxiety and charging infrastructure, making EV ownership more convenient and accessible.“Our focus is on delivering value through innovation,” said Anshul Gupta. “With our cutting-edge battery solutions and smart features, OPG Mobility is poised to become a leader in the EV ecosystem.” <h4>A Legacy of Excellence</h4> OPG Mobility’s rebranding builds on the solid foundation laid by Okaya EV. Over the years, the company has earned a reputation for reliability, affordability, and customer-centricity. The transition to OPG Mobility is seen as a natural progression, reflecting the brand’s aspiration to expand its horizons and embrace the challenges of a dynamic industry.The company’s past milestones, including its entry into the EV market in 2016 and the subsequent launch of popular models like the Freedum and ClassIQ, have been instrumental in shaping its journey. With the rebranding, OPG Mobility aims to leverage its legacy while charting a new course towards innovation and global competitiveness. <h4>Industry Impact and Future Plans</h4> The unveiling of OPG Mobility at the Bharat EV Expo 2025 underscores the company’s intent to play a pivotal role in India’s transition to electric mobility. The government’s ambitious target of achieving 30% EV penetration by 2030 provides a conducive environment for growth, and OPG Mobility is well-positioned to capitalize on this opportunity.Looking ahead, the company plans to expand its dealership network to over 1,000 outlets across India by 2026. It also intends to collaborate with tech startups to integrate artificial intelligence and IoT-enabled features into its vehicles, offering a smarter and more connected riding experience.OPG Mobility’s export strategy was another highlight of the event. The company announced plans to enter international markets, starting with Southeast Asia and Africa, where the demand for affordable and efficient EVs is on the rise. <h4>Customer-Centric Approach</h4> To further strengthen its bond with customers, OPG Mobility has launched a dedicated mobile app that provides real-time updates on battery status, nearby charging stations, and service reminders. The app also includes a loyalty program that rewards users for eco-friendly practices such as recycling batteries and promoting EV adoption.“Our customers are at the heart of everything we do,” said Gupta. “Through our app and other initiatives, we aim to build a community of environmentally conscious individuals who share our vision for a sustainable future.” <h4>Conclusion</h4> The rebranding of Okaya EV to OPG Mobility and the impressive product showcase at the Bharat EV Expo 2025 signify a transformative moment for the brand. With its renewed identity, innovative offerings, and unwavering commitment to sustainability, OPG Mobility is set to redefine electric mobility in India and beyond.As the EV industry gears up for a promising future, OPG Mobility’s bold vision and strategic initiatives serve as a testament to the brand’s determination to lead the charge towards a greener tomorrow. The Bharat EV Expo 2025 will undoubtedly be remembered as the stage where OPG Mobility’s journey into a new era began.

Discover how Okaya EV has transformed into OPG Mobility, unveiling a revolutionary lineup of electric vehicles at Bharat EV Expo 2025.

OPG Mobility's Groundbreaking EV Lineup at Bharat EV Expo 2025: A New Era in Electric Mobility

OPG Mobility to unveil Groundbreaking EV Lineup at Bharat EV Expo 2025

Have you ever heard of 'Zero Defect Workstations'? An EV manufacturing workstation where the top and field-level employees actively engage to deliver a product with 'zero' defects whatsoever. An EV developed with zero defects seems promising, right? Well, Gensol EV, a subsidiary of Gensol Engineering has turned this idea into reality. The company’s first EV– EZIO is going to be launched at the Bharat Mobility Global Expo 2025.&nbsp; The BluSmart-backed Gensol EV is expected to cater to the company’s cab service available in cities like Delhi, Bengaluru, and Mumbai(recently). Following the launch of EZIO, the EV subsidiary of Gensol along with the existing cab service, the parent company will now have greater autonomy. This partnership is forged on the foundation of shared values and a common vision for sustainable mobility and is expected to be proven highly synergistic. This partnership not only provides a significant market for Gensol's vehicles but also contributes significantly to BluSmart's mission of providing sustainable and eco-friendly transportation solutions. By leveraging this partnership, BluSmart is able to offer a reliable and affordable fleet of electric vehicles, demonstrating the viability and convenience of electric mobility to a wider audience.&nbsp; Here is how the market is going to welcome this development– 1- Greater Market Share in Ride-hailing Services-&nbsp; As of now, BluSmart occupies only about 2% ride-hailing market in India. However, the company is only present in big cities like Delhi NCR, Bangalore, and Mumbai, where 68% of the nation's mobility market is concentrated. Generally, BluSmart's fleet includes different types of vehicles including Mahindra Tata e-Tigor, e-Verito, Hyundai Kona, Tata Xpres-T EV, Electric, and MG ZS Electric. However, these vehicles are generally hired on a lease basis. BluSmart relies heavily on vehicles leased from Gensol Engineering as well. Around two-thirds of BluSmart's fleet is sourced from Gensol. In the coming times, this self-dependence is going to increase. With the introduction of the EZIO EV, the company might either become less dependent on its previous leasing structure or expand its market even further. Both of the scenarios seem favourable for the company in the long run. Therefore, the introduction of the EZIO seems to be the right step to achieve a greater market share.&nbsp; Competition on Sustainable Manufacturing: At the 13th Annual Kaizen Congress India 2024, Sumit Kumar from Gensol EV’s Manufacturing Quality Assurance team garnered attention for his insights on "Kaizen for Quality Improvements on the Assembly Line."His innovative approach to creating Defect Dictionaries and establishing "Zero Defect Workstations underscores Gensol EV’s commitment to achieving manufacturing excellence,” according to a post by Gensol EV on Linkedin. This recognition not only celebrates Sumit’s dedication but also reinforces the company’s ethos of continuous improvement. This dedication holds moral incentives as well as the brand reliability of the company for its users. The method of sustainable manufacturing is another trend at which companies are slowly transitioning. Aiming for a lower carbon footprint and more sustainable engineering process is the need of the hour for any company that is seeking to expand worldwide. With Gensol entering into the EV segment, the manufacturing process may also get highlighted making companies more accountable to the environment.&nbsp; Autonomous Driving: The Future Beckons Gensol EV’s vision, as highlighted in BISInfotech’s article, emphasizes the transformative potential of autonomous vehicles. Gensol may contribute a significant effort to pave the way for fully autonomous driving, a feature that promises to redefine urban mobility. Autonomous technology not only enhances safety but also optimizes traffic flow, reduces energy consumption, and ensures greater accessibility for all commuters. Although it is still a significantly long way to introduce this technology in the Indian EV market, the continuous launches of EVs in the Indian Ev market like EZIO EV will mark the Industry’s vision to enable such tech soon.&nbsp; Gensol first EV- the EZIO The EZIO offers promises to redefine urban mobility with a range of up to 200 km and a top speed of 80 kmph, backed by ARAI certification in February 2024. The Ezio’s standout design features include reflector-style LED headlights, a floating roof, charging ports on the front fenders, and wrap-around taillights. Inside, the cabin boasts a layered dashboard, gloss black accents, a large central touchscreen, and premium features like a sunroof and automatic climate control. Its compact yet futuristic design ensures both style and practicality for India’s busy cityscapes. Technologically, the Ezio sets new benchmarks with in-cabin driver assistance technology, AI-driven cloud analytics, and a comprehensive connectivity stack. These innovations enhance safety and deliver a smart, adaptive driving experience. Gensol’s entry into the EV market with the Ezio signals a commitment to sustainable and intelligent mobility. As it takes centre stage at the Bharat Mobility Expo, the EZIO is poised to captivate audiences, symbolizing a forward-thinking approach to eco-friendly transportation. Experience the beginning of a new chapter The unveiling of EZIO at the Global Expo 2025 is more than a product launch; it's a statement of intent. Gensol EV, with the support of BluSmart and powered by its passion for sustainability and innovation, is all set to drive a lot of change in the EV market. Advanced technology, a consumer-centric approach, and a vision for the future make Gensol EV a perfect participant in the EV race whose path is yet undefined but has a lot of surprises. A new era for the planet begins with EZIO as we look towards the future when electric mobility is at the helm. According to Gensol EV, the innovation to change the face of urban transport comes as a catalyst in remodelling how we travel and contributing to a cleaner, greener, and smarter world.

Discover EZIO, Gensol EV's first electric vehicle debuting at Bharat Mobility Global Expo 2025. A game-changer in urban mobility, featuring zero-defect manufacturing, cutting-edge technology, and sustainable innovation.

Gensol EV Unveils EZIO at Global Expo 2025 | Sustainable Mobility Redefined

BluSmart-backed Gensol EV presents EZIO at Global Expo 2025: Here are anticipated market changes

The US election's result has observed bittersweet reactions from all over the world. Donald Trump has once again climbed up the presidential chair by riding a worldwide wave of “right” ideology. Since the inception of his 2nd tenure, Donald Trump has already taken decisions to put “America first”. One such decision by the President-elect is to put a 25% tariff on all products imported into the US from Mexico and Canada and a 35% tariff on products from China. This hard-power decision taken by Trump has been feared by many economists throughout the world. But what are they feared about? What does it mean for India? Are EVs in India going to be more expensive? Let's find out! The Decision It is safe to say that the steps taken by Trump’s administration do represent the majoritarian will of the American people as he was already advocating for a 60 per cent tariff on imports from China, and 10-20 per cent on others. According to him, high tariffs will boost manufacturing in the US which will rebalance trade with other countries, and improve government finances. The President-elect announced the tariff imposition on the top trading partners of the USA–Mexico, Canada and China on the social media platform Truth Social.&nbsp; Earlier, the Inflation Reduction Act has already introduced various tax credits for EV companies to set up their manufacturing units in the USA. In fact, according to a report by nrdc.org, the USA has already surpassed China as the most favourable country for EV investments. Now, with the tariff hanging over, it will be interesting to note the reactions of the worldwide EV companies.&nbsp; The effect&nbsp; According to research by economists at the Peterson Institute of International Economics, Trump's policies might wind up costing the average American household more than $2,600 a year. Nonetheless, it seems that both Republicans and Democrats support the concept of increasing tariffs.&nbsp; Free market analysts and advocates of globalisation have shown serious concern over Trump’s decision, as the tariff wars between countries may come at a cost of inflation and global slowdown. Amid such volatility, the comparatively nascent market of electric vehicles has also come under threat.&nbsp;Although, as per studies, the USA only accounts for 7-10% contribution to the global supply chain of EVs, the direct repercussions will be faced by the companies who have their manufacturing or assembly units in the USA.&nbsp;&nbsp; Recent reports by Bloomberg have shown that BYD intends to reduce prices to tackle tariffs and not shift the burden on consumers. The step came after Tesla offered a price cut on its Model Y in China. BYD, the Chinese giant has been in constant competition with Tesla for the rank of No1 in worldwide sales.However, communist China provides a great government intervention to absorb the losses which the company makes in order to remain in the competition. Although this policy is not designed to serve in the long run, BYD has already reported to cut down its prices.&nbsp; Trump’s decision has invoked chances of potential retaliation by Mexico and China, while Canada has started negotiations. Once an advocate of free trade, the USA seems to shift its policy towards protectionist ideas, risking a global slowdown, amid the broken dispute resolution mechanism of the World Trade Organization (WTO). The USA as the third largest EV market in the world accounts for 10% of the overall global market worth, after China accounting for 60% and Europe accounting for 25%. However, in the USA, approximately 70% of the sold EVs are domestically manufactured while $19 billion worth of electric vehicles are imported, according to the USA customs clearance website. Hence, it can be said that after the tariffs, the global EV industry may be affected by at least $19 billion. Moreover, the raw material imported from other countries to manufacture EVs may also add to the losses, taking the number to another higher value.&nbsp; Impact on India&nbsp; India is an import-oriented country whose overall trade remains in deficit, however, India has a trade surplus with the USA. That said, if the inflation in the US market rises, the demand in the market will reduce, ultimately leading to a loss of a considerable amount of India’s foreign exchange. It is also interesting to note that in Trump 1.0, India has already lost its Generalised System of Preference (GSP) status which obliged a developed nation to buy certain products from a developing country. However, as per SBI, there has been a significant rise in the trade of India with the USA despite revoking the GSP status which is a good sign for the overall Indian market.&nbsp; With bilateral trade over $120 billion in FY24, the US continues to be India's largest trading partner, marginally surpassing India's trade with China. India's dependence on the US market has increased over the last ten years; currently, 18% of India's exports go to the US, up from 10% in 2010–11. India exports a wide range of products to the US, including engineering equipment, electronics, and textiles. The EV companies planning to launch themselves in the US market might have to change their plans. On the other hand, the earlier cut in the fed rates by the USA might indicate a good time for EV companies to go global. Hence, EV companies must navigate between this opportunity and challenge to make their way to the world. Whereas, when it comes to pricing, it is highly unlikely that any Indian EV company will significantly change the cost of its EV due to this update.

Explore how Donald Trump's second-term tariff policies could impact India's EV market and global trade. Learn about potential challenges, opportunities, and the ripple effects on India's economy and electric vehicle industry.

Trump’s Second Term: Impact on the Indian EV Market and Global Trade Dynamics

Will Trump’s administration impact the Indian EV market?

From the dawn of India’s farm mechanisation to the journey of electric vehicles, Mahindra is a well-known name in Indian markets. The company has a rich history of collaboration and teamwork shared with companies in the UK, USA, France and others which has given a legacy of customer-understanding to the company. Driving through farms, the company has entered the FIA Formula E championship as well. Keeping the pace of time, <a href="https://evindia.online/electric-vehicle-companies/mahindra" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Mahindra</a> has evolved as the world transitions to <a href="https://evindia.online/product/mahindra-xuv-400-ev-ec-pro-34.5-kwh" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">electric vehicles</a> (EVs).&nbsp; When it comes to the L5 electric vehicle segment in India, Mahindra holds a dominant 41.2% market share (SIAM). Moreover, Mahindra has sold over 100,000 EVs in the past 17 months, fueled by advanced products like the Treo Plus, e-Alfa Plus, and Mahindra ZEO. Their commitment to a sustainable future is further highlighted by the UDAY NXT loyalty program, offering ₹ 20 Lakh* driver accidental insurance cover to new EV buyers.&nbsp; Today, we witness a significant milestone: the unveiling of India's first homegrown "Born Electric" SUVs – the XEV 9e and BE 6e. INGLO: The Foundation for Electric Supremacy The XEV 9e and BE 6e are based on the revolutionary INGLO Electric Origin Architecture. This platform marks a high-tech departure from the past, designed from the ground up exclusively for electric vehicles. INGLO is the "Electric Origin" philosophy which breaks away from the the limitations of existing platforms and forges a path for the future of electric mobility. A key feature of INGLO is its lightweight, skateboard structure with a flat floor. This design principle, with high-density battery technology, maximizes the interior space. The design provides a roomy, comfortable cabins offering enhanced seating flexibility. The platform's modularity allows for the creation of diverse models, catering to a range of preferences – from the athletic BE 6e to the elegant XEV 9e, without compromising on performance or quality. Passengers will have a superlative driving experience – lighter, more agile, and incredibly spacious. Range Anxiety? A Thing of the Past INGLO tackles a major challenge for EVs – range anxiety.&nbsp; With robust battery options of 59 kWh and 79 kWh, these SUVs offer a class-leading range, putting an end to worries about frequent charging. Furthermore, INGLO utilizes advanced LFP battery chemistry and standardized cell-to-pack technology. This translates to long-lasting durability, exceptional safety, and unwavering reliability. But innovation doesn't stop there. INGLO boasts fast-charging capabilities, allowing you to charge from 20% to 80% in a mere 20 minutes using a 175 kW DC charger.&nbsp; Whether you're embarking on a long road trip or navigating city commutes, INGLO ensures a seamless and stress-free experience. Safety remains paramount, and INGLO prioritizes it with features like ultra-high-strength boron steel and reinforced frontal structures. This unwavering commitment to safety ensures the XEV 9e and BE 6e are built to endure, able to withstand extreme heat and rigorous crash tests, keeping you confident on every journey. Thrilling Performance, Unmatched Handling Exciting driving experiences await in both the XEV 9e and BE 6e, with INGLO providing a compact three-in-one powertrain including motor, inverter, and transmission for great performance creating power outputs in the range of 170 kW to 210 kW for rear-wheel-drive variants. The vehicles boast a semi-active suspension system for best-in-class handling, high-power steering, and brake-by-wire technology to deliver a smooth yet thrilling ride experience. In conjunction with this, INGLO will feature intelligent drive modes for turning the SUV so that it adjusts to the terrain accordingly at the touch of a button leaving the vehicle and driver in oneness. A Glimpse into the Future: Technology and Design While full specifications remain under wraps, the XEV 9e and BE 6e are anticipated to be technological marvels offering luxurious comfort. The XEV 9e might feature a futuristic triple-screen dashboard layout, while the BE 6e could boast a dual-screen setup.&nbsp; Both models are expected to include a panoramic sunroof, a nearly square steering wheel with haptic buttons, and illuminated branding.&nbsp; Advanced Driver Assistance Systems (ADAS) controls are also expected to be integrated into the steering, along with toggle buttons and paddle shifters for regenerative braking.&nbsp; The centre console designs are likely to differ between the two models, with the XEV 9e potentially offering a third screen for the front passenger. The design language for both SUVs embraces a futuristic aesthetic, integrating sharp design elements tailored for modern EV enthusiasts.&nbsp; The XEV 9e could feature a connected LED light bar at the front, complemented by vertical lighting elements, a closed grille, and a sleek bonnet adorned with Mahindra's new EV-specific logo.&nbsp; In contrast, the BE 6e is expected to flaunt its unique identity with a BE logo at the front, alongside a design inspired by the XUV 3XO concept. Both SUVs are expected to showcase bold character lines, expansive wheel arches housing 18-inch alloy wheels, and connected LED tail lights at the rear.&nbsp; The BE 6e also distinguishes itself with a coupe-like roofline, enhancing its sportier appeal. A New Era Dawns Mahindra &amp; Mahindra Ltd. is currently keeping all eyes on upcoming products, putting aside the dwindling sales of its only electric model, the Mahindra XUV400, as expressed earlier by Rajesh Jejurikar, Executive Director, Auto and Farm Sectors, Mahindra and Mahindra Ltd. Thus, the XUV400, which sold 1,800 units, will not become the focus of the entire company in the electric vehicle market anymore. Rather, Mahindra will invest and allocate resources toward the two products, XEV 9e and BE 6e, which will have exclusive production lines at its Chakan set-up for these vehicles. These products redefine electric mobility as India steps into a future where electric mobility is celebrated. They drag on by virtue of their own innovative INGLO platform, cutting-edge technology, and stunning design, ensuring the most exciting and cleanest mobility experience on Indian roads. In no time, we will be able to witness these officially unveiled; till then, we can rest assured that Mahindra will always remain ahead of the game, bringing life into the future of electric mobility in India.

Discover Mahindra’s game-changing electric SUVs, XEV 9e & BE 6e, built on the revolutionary INGLO platform. With cutting-edge technology, impressive range, and futuristic design, these "Born Electric" SUVs redefine sustainable mobility in India.

Mahindra Unveils India’s First Homegrown Electric SUVs: XEV 9e & BE 6e

Mahindra

Mahindra Charges Ahead: Unveiling India's First Homegrown Electric SUVs - XEV 9e & BE 6e

Tarpan Vyas

Yakuza, a company known for its resilience and hard work, has acquired a significant position in the EV industry. Among big names in the EV market, it is very common for companies to get lost in the crowd, but by defying this common trend Yakuza with its wide offering of electric vehicles has come to be known as an underdog in the industry. As a pioneering EV company with high-end manufacturing facilities across India, <a href="https://evindia.online/electric-vehicle-companies/yakuza-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Yakuza</a> is committed to providing affordable and efficient electric mobility solutions. Their latest offering, the Karishma, is a testament to this commitment, which offers a compelling proposition for budget-conscious urban commuters. A Glimpse into Yakuza's Vision Yakuza, under the aegis of Maa Luxmi E-vehicle Pvt. Ltd., is working to provide more than just an EV to its users. The company stands on the vision and mission to revolutionise urban mobility. Meanwhile, with a dedicated engineering and design division certified by the International Centre for Automotive Technology (ICAT), Yakuza ensures the safety and reliability of its products along with being innovative and creative. Moreover, the company's focus on sustainability and reducing carbon emissions is encapsulated in its wide range of electric scooters and the company’s micro e-car. By offering a range of electric vehicles, including the Karishma, Yakuza empowers individuals to make eco-friendly choices without compromising on convenience or affordability. Introducing the Yakuza Karishma: A Compact Electric Marvel The Karishma, a compact electric car, is designed to navigate the bustling city streets with ease. Its sleek design, featuring new-generation alloy wheels, a stylish grill, and bold LED DRLs, gives it a modern and eye-catching appearance. Performance-wise, the Karishma is provided with a smart start/stop system and smart gear knob for efficient operation. The Karishma draws power from a 60V 45Ah battery and drives 50 to 60 kilometres on a single charge, hence perfect for daily commutes. Provided with a one-year warranty, its 1250W electric motor gives smooth and reliable performance. Inside the cabin, the Karishma offers a comfortable and convenient driving experience. It can carry up to three passengers with a ventilated roof for better airflow. The reverse parking camera and power steering facilitate handling, while power windows add to the luxury. Moreover, there is also a small digital screen that shows the speed and battery level. A Green Choice for Urban Living The compact size and slow pace of the Karishma are two of its main features which provide the vehicle its unique selling point as, with a top speed of about 25 to 30 km/h and no registration requirements, it's a hassle-free choice for city commuters. Additionally, this helps to cut pollutants and transportation congestion. Selecting the Yakuza Karishma is not only a cost-effective and practical way to get around, but it's also a step towards a more environmentally friendly future. In the upcoming years, we may anticipate seeing more innovative and environmentally friendly electric vehicles as Yakuza keeps developing and growing its product line.

Discover the Yakuza Karishma, a budget-friendly electric car designed for urban commuting. Compact, eco-friendly, and loaded with smart features, it's the perfect choice for sustainable city travel.

Yakuza Karishma: Affordable & Eco-Friendly Electric Car for Urban Commuters

Yakuza

Yakuza Karishma: A Budget-Friendly Electric Ride for Urban Commuters

Enjoying easily available loans for vehicles is a rare luxury. And when it comes to EVs, the lane gets more narrower. However, with the rise of EV financing institutions like Green NBFCs (Non-banking financing companies), financing your EV is now easier than ever before. Companies like <a href="https://www.ecofy.co.in/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Ecofy</a> and <a href="https://evfin.co/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">evfin by Greaves</a> many others have entered the EV financing market to offer a wholesome EV financing Ecosystem, so much so that the companies are now providing a 5-minute loan procedure! What exactly are Green NBFCs? How they are better?&nbsp; Green NBFCs are institutions that provide cheap and easy loans to any entity that has decided to reduce its carbon footprint. Green NBFCs are the answer to the problems customers generally face when they seek loans for their electric vehicles from regular banks. The main issues lie in the availability, process, and terms &amp; conditions of the loans often provided by these banks. And how NBFCs are better? Simple! Because they solve these issues. How are Green NBFCs better? The Rate of Interest by these NBFCs, generally, starts from 5.99 % only, unlike the high-rate loans given by banks. Obviously, it depends on your CIBIL score. Well, some banks do provide lower interest rates, however, on average any bank takes 1-2 days for any loan approval. In contrast, a Green NBFC only takes a minimum of 5 minutes to approve your loan. Moreover, banks charge you a significant amount in the case of foreclosure but when it comes to NBFCs these charges are next to nothing and sometimes, literally nothing. In addition, financial products by green NBFCs are optimised for EV purchases, unlike banks’ general financial products for every vehicle. Sometimes due to your CIBIL score, you might not be eligible for loans in banks but NBFCs might help you out.&nbsp; How to claim your 5-min loan? Although all Green NBFCs follow almost the same procedure, some steps might differ or vary depending on the company. But not to worry, if you are stuck anywhere in between, just call our EVGURUS at 9099900563 and we will help you navigate through this journey. To apply for any EV loan we highly recommend you thoroughly refer to the steps mentioned below–&nbsp; Step1- Login to your NBFC app After selecting your Green NBFC, open the page and log in with your phone number to create your ID. You will receive an OTP to finalise your profile.&nbsp; Step2- Select Vehicle After logging in, choose the EV which you want to buy. Assuming that you are trying to finance your EV only after selecting your preference, just search for your favourite ride for which you want to sanction your loan. Step3- Digital KYC The NBFC app will further require you to perform the “Know Your Customer (KYC)” exercise. In this, you have to upload your documents such as an Aadhar Card, PAN card, Income Proof, an additional address verification document such as an electricity bill and some other family background details. Step 4- Bureau check&nbsp; Further, the app will check your CIBIL score and customise an offer for you. Step 5- Offer Generation&nbsp; Following the Bureau Check, you will be provided with a loan offer starting from Rate Of Interest(ROI) as low as 5.99%. Moreover, you will get to know the downpayment options which you can opt as per your requirements.&nbsp; Step 6- eNACH process Electronic National Automated Clearing House or eNACH is a process to verify your bank account details from which your instalments will be paid. The NBFC will first ask customers to enter their bank details and then usually sends Rs1 to the customer’s account for verification. For further authenticity, the NBFC might also ask you to upload your Digital sign and a selfie. Following the procedure and after accepting all the terms and conditions, the user can proceed to the next step. Step 7- Sanction letter- Hurray! The Loan Approved! Following the eNACH step, the NBFC institution will take a few minutes to process all the data and will provide a hand-to-hand sanction letter of loan approval. And VIOLA, We are halfway there! Step 8- Walk into your nearest showroom Now walk into your nearest showroom and show your sanction letter to the Dealer. After crosschecking all the details, submit your downpayment amount and receive a receipt for your payment.&nbsp; If you are planning to buy your ride online, then also you don’t have to worry a bit. You can contact the dealer in virtual mode and make all transactions online. In the end, you will just need the receipt of the downpayment, either hardcopy or softcopy no worries.&nbsp; Step 9-&nbsp; Submit the receipt &amp; enter personal details The downpayment receipt received from the dealer is further needed to be uploaded on NBFC’s platform. After uploading the receipt, the user is asked to enter personal information such as address proof, income proof and some other documents. Here, the same documents that you may have uploaded for the digital KYC will be needed again to move further. Step 10- UTR generation&nbsp; And just like this, your loan will be disbursed. The NBFC platform will generate a Unique Transaction Reference(UTR) as proof of loan disbursement. The customer is required to share this UTR with the dealer in order to check the completion of the transaction.&nbsp; Step 11-&nbsp; Enjoy your ride Well done! You have hit the jackpot of EV financing deals! Now roll out your brand new EV from the showroom and make your journey more beautiful than the destination! Attaboy NBFCs!&nbsp; Switching the commute trend from conventional gasoline-powered vehicles to electric counterparts is a challenging job. This transition of trend is further pushed by the government’s subsidy and EV companies' constant effort to provide a pocket-friendly product. However, the importance of credit-providing companies is often overlooked in this sector. It is for companies like Ecofy, and evfin by Greaves and many more to carry the responsibility of bridging the transition cost for EV enthusiasts. Creating a comprehensive ecosystem is very necessary to promote EV adoption in India and Green NBFCs with their optimised and cheap EV loans are an important stakeholder in the revolution. So if you are looking to finance your EV, then these NBFCs are worth checking out!

Looking to finance your electric vehicle? Green NBFCs like Ecofy, and evfin by Greaves offer affordable, quick EV loans with easy approvals. Enjoy rates as low as 5.99% and get your loan approved in just 5 minutes!

Get Easy Green Loans for EVs in 5 Minutes with Green NBFCs | EV Financing Made Simple

Looking to finance your electric vehicle? Green NBFCs likeEcofy, and evfin by Greaves offer affordable, quick EV loans with easy approvals. Enjoy rates as low as 5.99% and get your loan approved in just 5 minutes!

Looking for EV? need loan? Get it in 5 mins that's too from Green NBFCs

Ola Electric EV

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Roadster X 4.5

Roadster 4.5

Roadster X 2.5

Roadster 6.0

Roadster X 3.5

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Rorr EZ 3.4 kWh

Hop Electric

OXO-X

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V2 Plus

V2 Lite

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Tennis

Blue 3201 Standard

3201 Standard

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TVS EV

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Matter

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Greaves Electric Mobility Limited (GEML), on Tuesday, launched an enhanced variant of its Magnus electric scooter, Ampere Magnus Neo. Launched with the tag “the power of more”, Ampere Magnus Neo comes at a starting price of INR 79,999 (ex-showroom) with financing options starting at 5.75% interest per annum. As per the company, the Magnus Neo will be available across Ampere dealerships nationwide starting from January 2025.&nbsp; The vehicle is engineered on the legacy of the Magnus series which brings premium features, comfort, safety, and savings for every rider, according to the company.&nbsp; Moreover, the company has announced to present the new Magnus Neo at the Bharat Mobility Global Expo 2025, starting on Jan.17. Before taking the stage at the expo, the vehicle will make a journey of more than 2,000 km from Bengaluru to Delhi, highlighting the endurance of the vehicle, Greaves has reported.&nbsp; Kunnakavil Vijaya Kumar, Executive Director &amp; CEO, of Greaves Electric Mobility Limited said, “The Magnus has earned the trust and love of customers and this new generation embodies our vision of making ‘Har Gully Electric,’ driving the adoption of eco-friendly commuting to every corner of the country. Building on the success of the Magnus EX, the Magnus Neo incorporates advanced technology to offer enhanced features for everyday commuters. This new scooter is crafted to meet the changing demands of our customers while championing eco-friendly transportation options that contribute to a greener future.” New Magnus Pro The vehicle comes with a premium dual-tone finish, in five vibrant colours—Metallic Red, Glacial White, Ocean Blue, Galactic Grey, and Glossy Black. In terms of performance, the new electric scooter can achieve a top speed of 65 kmph and give an IDC range of 100+ km, all thanks to its 2.3kWh LFP battery. Further, the ride can get completely charged in just 5-6 hours. The vehicle features 3 riding modes including low, high and reverse for easy manoeuvring and has a USB charging port to keep your other devices powered up.&nbsp; With 12-inches alloy wheels, the vehicle is equipped with Drum breaks at the front and rear. In addition, the vehicle also gets a hydraulic telescopic suspension at the front and a dual shock absorber at the rear, ensuring the vehicle’s reliability.&nbsp; In addition, the Ampere Magnus Neo comes with a Battery warranty of 5 years or&nbsp;75,000 km whichever arrives earlier, to provide more affordability.

Launched with the tag “the power of more”, Ampere Magnus Neo comes at a starting price of INR 79,999 (ex-showroom) with financing options starting at 5.75% interest per annum.

Ampere Launches Magnus Neo: Sets to travel from Bengaluru to Global Expo at Delhi

The Bharat Mobility Global Expo 2025 is all set to begin on January 17 in Bharat Mandapam, New Delhi. The event will stage the head-to-head competitive launch of electric SUVs — the Maruti Suzuki e-Vitara and the Hyundai Creta Electric. The Creta Electric will be the Hyundai's first mass-market EV in India while Maruti Suzuki will make its debut in the Indian EV market with the e-Vitara. The premiere of these two electric SUVs at the event has been confirmed by both automakers. Hyundai has revealed that there will be two battery pack options available for the Creta Electric: a 42 kWh and a 51.4 kWh model. The 51.4 kWh battery has a range of 473 km, while the 42 kWh battery has a range of 390 km, according to ARAI. The Crerta Electric will come in five versions including Executive, Smart, Smart (O), Premium, and Excellence.&nbsp;According to Hyundai, the vehicle takes just 7.9 seconds for the 51.4 kWh model to accelerate from 0 to 10 kmph. In terms of charging, the Creta EV, while using a DC fast charger, can get charged from 10 per cent to 80 per cent in only 58 minutes. Meanwhile, using an 11 kW AC home charger can charge the vehicle from 10 per cent to 100 per cent in 4 hours. The e-Vitara will have three powertrain options: a 49 kWh, 61 kWh front-wheel-drive (2WD), and 61 kWh four-wheel-drive (4WD), according to information Suzuki has disclosed for the global market. The 49 kWh version generates 142 horsepower, and the 61 kWh 2WD and 49 kWh versions both provide 189 Nm of torque. With 172 horsepower from the front motor and 64 horsepower from the rear motor, the 61 kWh 4WD variant produces 181 horsepower and 300 Nm of torque overall. Hyundai has announced that the Creta Electric's infotainment system and instrument dashboard will both have 10.25-inch dual displays. It is anticipated that the e Vitara would receive a comparable setup. functions of the Creta Electric include a dual-zone automatic temperature control system, a cooled glove box, a front armrest with cool storage space, a panoramic sunroof, 286 voice commands, a vehicle-to-load system that allows you to charge electronics and even household appliances, and more than 70 linked functions. The Creta EV has an eight-speaker Bose sound system, a digital key, a single pedal drive, and a shift-by-wire system. The exact characteristics of the e-Vitara have not yet been disclosed by Maruti Suzuki, although it is anticipated to have a comparable array of equipment. Numerous safety features, such as six airbags, all four disc brakes, a 360-degree camera, a tyre pressure monitoring system, hill-start assist control, hill descent control and Level 2 ADAS, will be standard on the e-Vitara and Creta Electric.

The Creta Electric will be the Hyundai's first mass-market EV in India while Maruti Suzuki will make its debut in the Indian EV industry with the e-Vitara. 

Bharat Mobility Expo 2025 to take off: Experience Hyundai vs Maruti Standoff

Green energy and sustainability are transforming India's energy transition and bringing in a new era focused on cutting carbon emissions and switching to cleaner, more sustainable options. Even while the country has achieved incredible progress in expanding access to energy, India must keep improving its energy infrastructure and diversifying its fuel sources if it hopes to have a truly sustainable future, a report by the Economic Times said.&nbsp; As part of India’s ambitious commitment to attain net zero emissions by 2070, the country plans to decrease its expected carbon emissions by one billion tonnes by 2030 and meet 50% of its energy demands from renewable sources. Moreover, a different approach to ensuring India's future economic and environmental prosperity is this crucial green transition in this vision. Electric vehicles (EVs) are at the forefront of this historic shift and are anticipated to be crucial in decarbonising India's transportation industry. The EV market is poised to become a ₹20 trillion business by 2030, with an anticipated 45–50% annual growth rate, solidifying its place as a key component of sustainable mobility. By the end of the decade, the government wants to electrify 70% of commercial vehicles, 30% of private automobiles, and 80% of two- and three-wheelers. To speed up the adoption of EVs, the government has started several programs, including the FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) schemes. Over 1.6 million EV purchases have already been subsidised since 2015 thanks to the recently launched ₹10,900 crore PM E-Drive subsidy scheme, which is a component of FAME's third phase. FAME 1 and FAME 2 also established the foundation for the sector. Furthermore, to solve serious issues with charging accessibility, the government has set aside ₹2,000 crores for the installation of fast chargers around the country. The Electric Mobility Promotion Scheme 2024 (EMPS 2024) intends to strengthen the EV production ecosystem and hasten the adoption of electric two- and three-wheelers in support of these activities. However, ongoing investments in workforce development, skill-building initiatives, and technology innovation are essential to the long-term success of India's EV revolution. One of the immediate challenges of the industry is to develop a qualified workforce of more than 200,000 experts by 2030, encompassing technology, manufacturing, after-sales services, and ancillary operations like charging infrastructure and maintenance. For the EV ecosystem to flourish sustainably and for India to maintain its position as a leader in the world of green energy, this skills gap must be closed.

 The EV market is poised to become a ₹20 trillion business by 2030, with an anticipated 45–50% annual growth rate, solidifying its place as a key component of sustainable mobility.

Indian EV industry to have demand for 200,000 skilled workers: ET report

Honda has announced its intention to manufacture solid-state batteries for electric vehicles(EVs) that can double the range of EVs currently available in the market. The new technology can provide a range of up to 620 miles(1,000 kilometres) on a single charge, according to the company. If achieved, the new technology can solve the “range anxiety,” a major hurdle in EV adoption.&nbsp;&nbsp; Honda announced a demonstration production line in November for its future solid-state batteries, which the Japanese manufacturer intends to incorporate into its EVs on a mass market basis in the second half of the decade. President and representative director of Honda R&amp;D, Keiji Otsu, said in a statement, "The all-solid-state battery is an innovative technology that will be a game changer in this EV era. Replacing engines that have been supporting the advancements of automobiles to date, batteries will be the key factor of electrification," Live Science reported. Compared to the liquid lithium-ion batteries featured in modern EVs, these solid-state batteries are anticipated to be 25% less expensive to build, 50% smaller, and 35% lighter. However, Honda's solid-state cells are too small to be utilised in any of the company's current vehicle models, which is the main obstacle to the technology. Beginning in 2025, the new facility aims to address that issue.

Compared to the liquid lithium-ion batteries featured in modern EVs, these solid-state batteries are anticipated to be 25% less expensive to build, 50% smaller, and 35% lighter. 

Honda to manufacture solid-state battery to double EVs' range

As the world continues to investigate and develop new EV battery technologies to improve electric vehicles, the Daegu Gyeongbuk Institute of Science and Technology (DGIST) in South Korea has claimed to develop a battery which can extinguish fire on its own while continuing its function even after 1,000 charging cycles, HT Auto reported. The all-new lithium metal battery uses a triple-layer solid polymer electrolyte to provide extra protection against fire. However, it is yet to be clarified when this technology will get into commercial space. In the field of EV battery technology, the DGIST's lithium battery for electric vehicles may transition the existing Industry into a new age. In conventional solid polymer electrolyte battery packs, lithium-ion creates tiny tree-like structures called dendrites when the battery is being charged and discharged. These dendrites can weaken a battery's internal connections, greatly raising the possibility of explosions and fires. For lithium battery packs to reach their full potential, this risk factor has proven crucial. The innovative triple-layer electrolyte engineering of the new battery is intended to improve performance and structural and thermal safety, according to DGIST. This battery features a solid central layer that enhances the battery's structural integrity and guards against thermal issues like fire, while the soft outside layers guarantee optimal contact with the electrodes. Decabromodiphenyl ethane, a fire suppressant, is present in high concentrations together with zeolite and lithium salt. The total strength of the battery pack is said to be strengthened by this. Additionally, the DGIST asserts that this battery pack retains a sizable amount of power even after numerous charging cycles, in addition to improving fire safety. The battery is said to retrain 87.9% of its power after 1,000 cycles of charging and draining. The majority of the batteries used in the current generation of EVs lose 20–30% of their capacity during the same number of charging cycles, therefore this is yet another major advancement in battery technology.

The triple-layer electrolyte engineering of the new battery features a solid central layer that enhances the battery's structural integrity and guards against thermal issues like fire.

EV battery which can extinguish fire on its own: DGIST invents new battery tech

Xiaomi, a Chinese tech giant now in the automobile sector, sold more than 135,000 units of its flagship model, SU7, by the end of last year, overachieving its original target of selling 60,000 units.&nbsp; Following the achievement, the company has decided to go global and double its EV sales in 2025.&nbsp; Marking a sale of 10,000 units of EV SU7 in just 32 days, Xiaomi received an overwhelming reaction from China’s audience. It is reported that Xiaomi's brand new factory in Beijing, China, is producing the company’s latest SU7 EV. According to reports, the factory can produce 300,000 units annually. The 73.6 kWh battery system that powers the four-door sedan can go up to 668 km CLTC on a single charge. According to the company’s claims, the car can attain a high speed of 210 km/h and go from 0 to 100 km/h in under 5.3 seconds. ﻿Meanwhile, Xiaomi just unveiled its another EV, YU7. This SUV is expected to go on sale in China, sometime in 2025. According to certain rumours, the corporation may double its production capacity this year if YU7 receives the same response as SU7.

Xiaomi just unveiled its another EV, YU7. This SUV is expected to go on sale in China, sometime in 2025. According to certain rumours, the corporation may double its production capacity this year.

Xiaomi sales hit 135,000 EVs in 2024, plans to double the figure in 2025.

Okaya EV has announced to rebrand itself by changing its name and logo. However, the brand will only use the new identity for its range of two- and three-wheelers. Under the upcoming new name, the company will be introducing new items during the upcoming Bharat Mobility Global Expo in 2025, HT Auto has reported.&nbsp; Currently, the brand offers an electric motorcycle and electric scooters for sale. The Motorcycle named Disruptor is marketed under the Ferrato brand. Eight electric scooters are sold in India by Okaya EV. As of right now, the brand offers ClassicIQ+, Faast F2T, Faast F4, Motofaast, Faast F2B, Freedum, and Faast F2F. Highlighting the upcoming launch Managing director of Okaya EV, Mr. Anshal Gupta said, "As we welcome 2025, this new visual identity represents a transformative journey for Okaya EV. It is a bold statement of our commitment to innovation, sustainability, and delivering premium electric mobility solutions. This milestone sets the tone for an extraordinary year ahead, where we aim to empower our customers with smarter, greener, and more connected lifestyles. This unveiling is a testament to our vision of shaping the future of transportation in India and inspiring every journey with trust, quality, and innovation," HT Auto reported.&nbsp; The Ferrato Disruptor is presently offered in Delhi, Gurgaon, Chennai, Ahmedabad, Pune, and Bangalore, with an ex-showroom price of 1.60 lakh. A 6.4 kW Permanent Magnet Synchronous Motor (PMSM) powers the Ferrato Disruptor, producing a nominal torque of 45 Nm and a maximum torque output of 228 Nm. According to the company, this motorcycle's maximum speed will be 95 kmph.

The brand offers an electric motorcycle and electric scooters for sale. The Motorcycle named Disruptor is marketed under the Ferrato brand. Eight electric scooters are sold in India by Okaya EV.

Okaya to rebrand itself, plans to launch new name and logo

Launched last year by Honda, the Activa e: and the QC1 will now be available for pre-booking in major cities like Mumbai, Bengaluru, Hyderabad, Pune and Delhi, Honda has revealed. The company has reported to start accepting pre-booking of their electric two-wheelers for a token amount of Rs1000.&nbsp; With the launch of the e-two-wheelers, Honda will be able to suit distinct market segments. The Activa e: is essentially a modified CUV e: scooter that is offered for sale in Europe. It is powered by a pair of 1.5kWh detachable battery packs that have an IDC range of 102km. The caveat is that these can only be recharged at Honda's battery switching stations, which are currently in the early stages of development.&nbsp; Meanwhile, the QC1 has a relatively low stated top speed of 50 kph and is powered by a single 1.5kWh battery pack that generates 1.8kW via a hub-mounted motor. In contrast to the Activa e's nonexistent boot, the QC1 boasts a 26-liter capacity and a claimed IDC range of 80 km.&nbsp;&nbsp; Although the two scooters share a similar appearance and even colour scheme, the Activa e has a more upscale fit and finish than the QC1. Delivery of both should begin in February, and prices should be released later this month.

The Activa e: is essentially a modified CUV e: scooter that is offered for sale in Europe. It is powered by a pair of 1.5kWh detachable battery packs that have an IDC range of 102km. 

Honda Actie e: and QC1 bookings start: Book your ride at Rs1000

Following the upcoming conclusion of the Electric Mobility Promotion Scheme 2024 (EMPS) on July 31, Ola Electric on Thursday announced an additional ₹ 5000 off on Ola S1 Pro and Ola S1 Air.&nbsp; After the additional price reduction, the total discount including subsidy will amount to ₹ 15000 making the ex-showroom price of Ola S1 pro ₹128,999 and S1 Air ₹101,499. The pan India Offer will remain active from 18th to 22nd July in states like Rajasthan, Delhi, Maharashtra, Madhya Pradesh, and Gujarat among others.&nbsp; The customers can also enjoy ₹10,000 off on S1 X+ through the EMPS which is scheduled to end on July 31. Meanwhile, customers will be able to buy S1 X+ at an ex-showroom price of ₹84,999 until the subsidy ends.&nbsp; It is to be noted that customers can only enjoy the holistic benefit of the ongoing offer if they purchase their new Ola Electric scooter before July 22nd and register on or before July 31st which further may get delivered later. The recent update will not change the company’s ongoing finance offer of 5% off on credit card EMI or cashback up to ₹5k (whichever is lower). The finance offer is only applicable on the credit cards of IDFC, Federal Bank, OneCard, and Yes Bank.&nbsp;

Rs15000 off on S1 Pro and S1 Air:

Following the stepping down of Ola Electric’s chief marketing officer Anshul Khandelwal and chief technology &amp; product officer Suvonil Chatterjee the company’s shares observed a sharp decline on Monday. Citing personal reasons both individuals stepped down from their respective positions.&nbsp; "With reference to the captioned subject and mentioned reference, we hereby inform you that, Mr. Anshul Khandelwal, Chief Marketing Officer, and Mr. Suvonil Chatterjee, Chief Technology and Product Officer, have tendered their resignation with effect from December 27, 2024," Ola Electric stated in a BSE filing. The Central Consumer Protection Authority (CCPA) issued another showcause notice to the Bhavish Aggarwal-led EV company earlier this month, requesting more information and documents pertaining to the resolution of customer concerns. The stock fell 4.62 per cent today, reaching a low of Rs 85.93 for the day. At Rs 86.74, it was last seen trading 3.72 per cent down. The scrip has dropped 7.13 per cent in a month at this pricing. Kranthi Bathini, Director of Equity Strategy at WealthMills Securities, said that investors with a one-year investment horizon who are willing to take on a lot of risk should consider this stock. Technically, the counter showed support at the Rs 80 level. The scrip was higher than the 50-day simple moving average (SMA) but lower than the 5-, 10-, 20-, and 30-day SMAs. The 14-day relative strength index (RSI) for the stock was 42.23. A figure exceeding 70 is regarded as overbought, whereas a level below 30 is regarded as oversold. Ola Electric has also released 'Ola Reverse 2024' statistics. It emphasises how the Ola S1 community has contributed to India's EV revolution by jointly saving an incredible Rs 1,300 crore in gasoline expenses.

Following the stepping down of Ola Electric’s chief marketing officer Anshul Khandelwal and chief technology & product officer Suvonil Chatterjee the company’s shares observed a sharp decline 

Ola share shows decline of 5%

Ola Electric Mobility's share shows decline of 5%

Komaki Electric Vehicle has introduced two new lithium-powered vehicles, the X-ONE Prime and Ace, to its lineup. The Prime model is priced at INR 49,999, while the Ace model costs INR 59,999. Both prices include a battery, charger, and accessories. The new models are being presented just in time for the holiday season, and they are accompanied by appealing incentives to encourage more people to use electric vehicles. The Prime and Ace versions have regenerative braking and an auto-repair capability, which allows the vehicle to self-diagnose and avoid failures. Both variants come equipped with modern 2-2.2 kWh lithium batteries that charge in 4-5 hours. The batteries are built for increased energy storage, with a range of 100+ to 150+ km on a single charge, depending on the model. The new versions have a three-year guarantee on the motor, battery, and controller, with prices beginning at INR 45,999 for the low-speed option. The vehicles, which are available at over 500 Komaki outlets, have a sleek look and advanced safety features such as self-diagnosis and wireless updates.

The Prime model is priced at INR 49,999, while the Ace model costs INR 59,999. Both prices include a battery, charger, and accessories.

Komaki Electric rolls out  Ace Models & New Prime

Komaki Electric rolls out  Ace Models & New Prime: Buy at INR 49,999

The G20 sherpa and former CEO of NITI Aayog, Amitabh Kant, emphasized the EV manufacturers to make India the largest producer and exporter of electric vehicles, declaring that internal combustion engines (ICEs) are a "dead technology." Keynote speaker at Ather's community day event in Bengaluru on April 6th, Kant stated, “We are the world's largest exporter of two-wheelers; in my opinion, ICE technology is dead, and EVs are upending the industry, that's why companies like Ather have to produce for the entire world as well as India.” Kant has pushed for the production of electric two-wheelers for the international market by Indian EV companies. “It's the way business owners think. India is a sizable market, but we often forget that the export market offers five times as much as the domestic market. Exports have been the main factor in India's growth each time,” he claimed. He went on to say that by 2030, all transportation would be electric, and India needs to seize this chance. Kant's remarks coincide with the central government's decision to cut the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle (FAME) scheme's budget by almost 44%, to Rs 2,671 crore for FY25. This could cause the country to see a slowdown in the uptake of electric vehicles. According to the government's budget allocation document released on February 1, 2024, the government allotted a revised estimate of about Rs 4,807 crore for FAME initiatives in FY24. Moreover, speaking about talent development in the EV sector, Kant stated that the Centre has collaborated on electric mobility courses with about 20 IITs and IIITs. "We need product developers, data scientists, prompt engineers and many institutions should adjust their curriculum based on this," he stated. Kant offered some guidance to EV producers, advising them not to "burn cash" by offering low-quality, lower-priced goods for sale. "Never lose money on a car sale by sacrificing quality... Make a brand for the Indian middle-class," he concluded.

According to the government's budget allocation document released on February 1, 2024, the government allotted a revised estimate of about Rs 4,807 crore for FAME initiatives in FY24.

ICE is a “dead technology”: Amitabh Kant 

ICE is a “dead technology”: Amitabh Kant G20 sherpa. Are EVs the future? 

Announcing a women’s day special offer, Ola Electric on Friday rolled out a Rs 2000 cashback benefit for its women customers on the purchase of Ola S1X+, S1 Air, and S1 Pro. Considering the registration and purchase process, the offer is reported to end by Sunday. Moreover, along with the women’s day offer, the company has also announced a limited-time discounted price for the same set of vehicles. The relatively new EV in the fleet of Ola, the S1X+ will be available at ₹79,999 against its original price of ₹1,09,999. Meanwhile, the most affordable ride offering of the company- S1 Air whose original value is ₹119999 will be available at a discounted price of ₹99,999. Ola Electric’s flagship product- S1 Pro will also be available for the customers at a discounted price of ₹1,24,999 against its original price of ₹147499.&nbsp; The limited-time offer available for everyone is set to expire by the end of March with the conclusion of the FAME-II subsidy.&nbsp; It is to be noted that the women’s special offer is an additional cashback benefit for women customers over the limited-time discounted prices.<img src="https://lh7-us.googleusercontent.com/wVsRxLylBiYNf8AQiH1BgzQiXCBS8FaMcjzP42GWgtwrVSzg0RaIJgK36CiGtvyAoQ3mWxFWaWmGiJ-HbGnnEMYZrAKWONg-2HnnbutOsqfc5Ybz3Itk7eiTRE_H5oyssPd-sNoA2I1-KRh1-tZzRDg" height="1069" width="602">What else does the offer include? Finance offers- &nbsp;While purchasing their Ola electric scooter customers can enjoy 5% off up to ₹5,000 on Credit Card EMI (Applicable on BOB, IDFC, Yes Bank, Federal Bank and Onecard). Additionally, based on their portfolio, Ola Electric also provides a zero downpayment option making the deal even more financially viable. As per the company’s guidelines, IDFC account holders will be exempted from the processing fees. Extended warranty- Countering the battery health dilemma, Ola Electric previously announced an 8-year battery warranty on their products which stands as the longest warranty available in the Indian EV market.&nbsp; Exchange value- Interested customers can exchange their used petrol scooter with a value of up to ₹40,000. The exchange will require a set of ownership documents ensuring a smooth transition to clean energy.&nbsp; To claim your Ola electric offer visit <a href="https://evindia.online/electric-vehicle-companies/ola-electric-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EVINDIA OLA Page</a> and bring your futuristic ride home

Ola Electric offers S1X+ at ₹79,999 (down from ₹1,09,999), S1 Air at ₹99,999 (down from ₹1,19,999) & S1 Pro at ₹1,24,999 (down from ₹1,47,499). 

Ola electric offer

Ola 72hr electric rush from 8-10 march: Buy S1 EV at discounted price before FAME-II ends

The leading ride-hailing company in India, Ola, today announced the expansion and increased deployment of its <a href="https://evindia.online/electric-bikes" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">e-bike</a> service in Bangalore after a hugely successful trial programme. Additionally, Ola announced the debut of its e-bike service in Delhi and Hyderabad as well. Over the following two months, 10,000 e-vehicles will be deployed throughout these cities by Ola, in keeping with the company's growth strategy and aim to serve one billion Indians through electrification. By the end of this year, Ola plans to have the biggest EV 2W fleet in the nation thanks to the deployment of these cars, and it will also be expanding its e-bike services over the whole country. Hemant Bakshi, CEO of Ola Mobility, commented on the launch, saying that electrification is the largest lever to unleash affordability in the mobility market.&nbsp;&nbsp; He said, “In keeping with our goal of serving one billion Indians, Ola prioritises advancing electrification as a means of enabling affordable transportation.&nbsp;After the tremendous success of our Bangalore e-bike taxi pilot, we have demonstrated a sustainable value proposition for all players in the ecosystem, including Ola (new revenue stream and category), the driver (increased earnings), and the consumer (lower price).” Breaking the update, he said, “We are now looking at mass deployments throughout Bangalore, Delhi, and Hyderabad in order to expand the e-bike taxi market in India. Our e-bike taxi programme, which prioritises accessibility and innovation, will pave the road for future commerce and provide gig economy workers on the Ola platform with several job opportunities.” Ola transformed urban transportation in Bangalore in September 2023 when it introduced a trial version of their e-bike taxi service. In just three months, the ground-breaking initiative achieved a significant 40% market increase in the category and provided India's most reasonably priced electric two-wheeler trips. It has completed more than 1.75 million rides so far. To maintain its fleet of e-bikes, Ola also installed 200 charging stations in Bangalore. In every market it enters, it will also establish a vast network of charging stations. Ola, one of the few businesses to do so, has revealed that its India Mobility Business achieved EBITDA positive growth in FY 23. The business said that ride-hailing, financial services, logistics, and e-commerce will be its primary areas of expansion. With the goal of empowering 10 million partners economically and serving a billion Indian customers, Ola is prepared to completely redefine and reinvent transportation.&nbsp;

Ola transformed urban transportation in Bangalore in September 2023 when it introduced a trial version of their e-bike taxi service. The initiative achieved a significant 40% market increase in the market of electric two-wheeler trips.

Ola Mobility enters EV market 

Ola Mobility enters EV market with its E-Bike service in Delhi and Hyderabad

The FAME III subsidy plan is anticipated to be unveiled by the government on February 1, the day of the announcement of the Union Budget of India. To encourage the adoption of EVs, the government offers financial incentives to automakers to promote the production of electric vehicles through the Faster Adoption and Manufacturing of Electric Vehicles in India(FAME) programme. In order to keep EV prices under control, electric vehicle makers are anticipating that FAME III will be implemented when FAME II expires in March 2024. Manufacturers are now concerned about the availability of subsidies since without them, EV costs would be quite high. Having said that, although FAME II was unveiled in 2019 with a Rs 10,000 crore budget spread over five years, the amount set out for FAME III in the Union budget is still uncertain.&nbsp; Subsidies under the FAME III programme will assist in preventing the price of EVs from rising to a point where buyers will find it challenging to afford them. For instance, one of the biggest components raising the total upfront price of an electric vehicle is the cost of batteries. We anticipate that FAME III will follow the same rules as FAME II. Therefore, the government will keep pressuring OEMs to primarily obtain parts from regional producers and assemble EVs in India. In the last month of 2023, several initiatives to promote the nation's adoption of EVs have been endorsed by the Parliamentary Standing Committee on Industry. One such initiative was the three-year extension of the FAME-2 (Faster Adoption and Manufacturing of Electric Vehicles) programme. The committee stressed in its report on the promotion of electric vehicles that private four-wheelers and quadricycles should be included in the programme in addition to EV mandates for the public transportation, distribution, and logistics sectors. So it has to be seen whether the government will introduce a new version of the FAME policy i.e. FAME-III or extend the existing norms of FAME-II. For those in the market for an EV, the launch of FAME III should be welcome news since other electric two-wheelers, including the upgraded Matter Aera and the Ather Rizta, are anticipated to hit the market this year.

Manufacturers are now concerned about the availability of subsidies since without them, EV costs would be quite high.

Government in plan to launch FAME- III?

Boosting EV sales: Government in plan to launch FAME- III?

After purchasing $1 billion worth of components last year, electric vehicle (EV) manufacturer Tesla aims to purchase components worth $1.7 billion to $1.9 billion this year from local vendors. "Last year, Tesla already spent $1 billion on purchasing components from every one of you settled here. I have the list of suppliers for Tesla." Speaking at the 63rd annual meeting of the Automobile Component Manufacturers Association of India, Union Commerce Minister Piyush Goyal stated that this year's aim for the organisation was close to $ 1.7 billion or $ 1.9 billion. The remarks come as Tesla has been developing plans to set up a manufacturing site for <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: transparent;">EVs in India</a>. Goyal and senior business officials met last month to examine ideas for establishing a factory that would build inexpensive electric vehicles (EVs) that cost around $24,000.&nbsp; The government intends to develop a new strategy to entice EV global companies and stimulate investment in the automotive industry, which was another key takeaway from his address. Goyal added that before formulating the policy, the Centre would consult with the appropriate parties.&nbsp;(<a href="https://evindia.online/news/india-is-all-set-to-legislate-new-policies-for-increasing-investment-in-evs" rel="noopener noreferrer" target="_blank" style="color: rgb(0, 0, 0); background-color: transparent;">read more</a>) Goyal stated, "We will start benefiting from the economies of scale of new technologies when we attain large-scale production. This information was made public about a month after it was reported that Indian officials were drafting an EV policy that may provide import tax refunds to EV manufacturers that move some of their manufacturing to India. Goyal responded to the claim made by international automakers that they bring investments to India by adding that these investments come to the nation due to the size of its market. He continued by saying that attracting investments does not obligate businesses to keep importing high-quality, competitively priced items that are already accessible domestically. Goyal also drew attention to the practice used by certain businesses, which is to route their investments via one country and import parts and inputs from other nations that are "not very" favourable to India. He said that because of the free trade agreement, the nation may reconsider components imported at no charge.&nbsp; Overall, Tesla's attempt to nearly triple the amount of components it would import from India this year is indicative of its ongoing India efforts. The carmaker reportedly leased a 5,850-square-foot office facility in Pune last month, according to reports. The union government and Tesla are now in negotiations, and Tesla is hoping to take advantage of the lucrative production-linked incentives (PLIs) to diversify its manufacturing away from China and create a facility there.&nbsp;

 Tesla's attempt to nearly triple the amount of components it would import from India this year is indicative of its ongoing India efforts. The carmaker reportedly leased a 5,850-square-foot office facility in Pune last month.

Tesla to purchase $1.7 Bn-$1.9 Bn worth of EV components from India

Tesla to purchase $1.7 Bn-$1.9 Bn worth of EV components from India: Piyush Goyal

The Delhi government has stated that the departure of the <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: transparent;">EV</a> Cell's CEO and five of its specialists on 3 July will likely to result in a setback for the special organisation created to implement the Delhi Electric Vehicles (EV) policy. The specialists including N Mohan, CEO of EV Cell, were among the 400 "specialists" fired by LG VK Saxena earlier this month from the Delhi government. The Delhi government hired 400 persons to work in its 22 ministries and agencies as fellows, consultants, senior research officials, and advisers. According to the LG office, the dismissed employees were working "non-transparently" and without the required authority authorization. The Delhi government has stated that the departure of the EV Cell's CEO and five of its specialists on 3 July will likely result in a setback for the special organisation created to implement the Delhi Electric Vehicles (EV) policy. The specialists including N Mohan, CEO of EV Cell, were among the 400 "specialists" fired by LG VK Saxena earlier this month from the Delhi government. The Delhi government hired 400 persons to work in its 22 ministries and agencies as fellows, consultants, senior research officials, and advisers. According to the LG office, the dismissed employees were working "non-transparently" and without the required authority authorization. The Delhi Transport Infrastructure Development Corporation established the EV Cell in March 2022 to hasten the implementation of the EV policy, ease the distribution of incentives, and quicken the construction of the EV charging infrastructure network. The dismissal, according to a representative of the Delhi administration, has put a "complete halt" to departmental operations. "The EV Cell has been the driving force for the adoption of EVs. Each of the six professionals in the cell had a high level of training. In order to formulate suggestions for future policy, they conducted a conference in May with more than 250 stakeholders and worldwide sectoral experts for EV Policy 2.0.&nbsp;The person spoke on condition of anonymity. "When they were fired, they were in the process of collating a sizable volume of public comments they had received to create the future policy. Kailash Gahlot, the transport minister, was contacted by HT but did not answer to requests for comment. When HT requested a statement, the LG's office did not provide one. The transport department's main office served as the home of the EV Cell, which was made up of subject-matter specialists. The cell was established to facilitate the distribution of demand incentives on vehicles, facilitate the deployment of electric vehicle charging stations in collaboration with stakeholder departments, and determine measures to prepare recommendations for further policy changes to accelerate EV adoption in Delhi, according to a second government official who provided details on the tasks assigned to the cell. The second official, who also asked to remain anonymous, stated that "the cell has been interacting with decision-makers throughout various departments (like transport, power, and finance) as a single point of contact for stakeholders such as mobility service providers, original equipment manufacturers, and charging service providers in order to accelerate EV adoption.

The specialists including N Mohan, CEO of EV Cell, were among the 400 "specialists" fired by LG VK Saxena earlier this month from the Delhi government

Delhi EV cell faces setback as LG dismisses 5 employee 

Delhi EV cell faces setback as LG dismisses 5 specialist and employee 

The customers can also enjoy ₹10,000 off on S1 X+ through the EMPS which is scheduled to end on July 31. Meanwhile, customers will be able to buy S1 X+ at an ex-showroom price of ₹84,999 until the subsidy ends.   | EV Marketplace

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Rs15000 off on S1 Pro and S1 Air: Ola Electric rolls out offer amidst EMPS ending

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