EVINDIA

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

Prashant

The growing demand for cleaner, sustainable modes of transportation has fueled the rise of electric vehicles (EVs) in India. Among the front-runners in the EV two-wheeler segment is Ather Energy, a Bengaluru-based startup that has made a significant impact with its innovative electric scooters. Established in 2013 by Tarun Mehta and Swapnil Jain, Ather Energy has introduced cutting-edge electric scooters and invested heavily in building a robust charging infrastructure across India. Ather’s fast-charging stations, branded as Ather Grid, form the backbone of its efforts to make electric two-wheelers a viable and convenient option for the Indian public. This blog explores the Ather grid charging station locations, numbers, costs associated with these stations, and how these stations play a crucial role in the country's EV revolution. Ather Energy with its wide spectrum of service plans - Ather Care, Ather Care Plus, and Ather Care Max - is designed to cater to varying customer needs. These plans cover a duration of one year or 10,000 kilometres, whichever comes first, offering extensive maintenance options to ensure a seamless ownership experience. These plans provide varying levels of service, ensuring that customers can select a package tailored to their usage and preferences. This move highlights Ather’s commitment to customer satisfaction, alongside its efforts to build a robust charging infrastructure. Where are Ather Fast Charging Stations Located? Ather Energy has strategically positioned its fast-charging stations across India to ensure convenience for electric scooter users. The Ather Grid network is primarily found in metropolitan cities, tier-2 cities, and key commercial hubs, making it easier for riders to find charging points during daily commutes or longer journeys. The company has placed these stations at malls, cafes, office spaces, tech parks, gyms, and other frequently visited locations to enhance accessibility. The goal is to ensure EV riders never experience range anxiety, a common concern for electric vehicle owners. Strategically placed, these stations offer fast and reliable charging, enabling riders to quickly recharge and get back on the road. Ather Grid stations are equipped with fast chargers that drastically reduce charging time. Using the Ather Grid app, riders can locate nearby stations, get real-time charger availability, and track their sessions remotely. Charging stations are found in cities like Bengaluru, Chennai, Hyderabad, Mumbai, Pune, Delhi, Ahmedabad, and Kolkata, with Ather expanding to smaller cities. If you are not using Ather Grid App then also it’s completely alright, just instead of blindly searching “Ather charging station near me,” explore authenticated charging offered by the company itself <a href="https://www.atherenergy.com/locate-ather-dealer?selectedTab=charging" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">(click here and find the Ather charging station near you</a>). This aligns with Ather's vision of ensuring easy access to charging facilities across India, promoting the shift to electric vehicles. How Many Fast Charging Stations Does Ather Have? As of 2024, Ather Energy boasts an extensive network of fast-charging stations. With Ather Grid, the company has established over 2700+ charging points across India which is 230+ cities, and the number continues to rise as Ather aggressively expands its network. The company plans to further expand in the years to come. This makes Ather one of the leading players in terms of EV charging infrastructure in India’s two-wheeler segment. The company has strategically chosen high-traffic locations for its charging stations, ensuring that customers have access to a reliable charging solution no matter where they are in a major city. Ather's fast chargers are designed to work seamlessly with its range of scooters, offering convenience and speed to customers. Additionally, Ather continues to partner with various establishments such as restaurants, tech parks, and malls to further expand the network, making charging even more accessible to everyday commuters. Charging Costs at Ather Fast Charging Stations One of the key advantages of Ather’s fast-charging infrastructure is its pricing model, designed to be affordable and straightforward. Initially, Ather offered free charging as a promotion for the Ather Grid network. However, as the network expanded and the adoption of electric scooters increased, Ather introduced a paid model in several locations. The charging cost typically depends on the location and type of service. As of 2024, Ather Energy offers a subscription-based model for its users, providing a set number of free charging sessions each month at Ather Grid stations. For those exceeding the free limit or without a subscription, a per-minute pricing system is in place. On average, the cost is approximately ₹15-20 per session, allowing for a top-up of about 15 km of range in 10 minutes, depending on the charge needed. Factors influencing charging costs include battery size and capacity, charging efficiency, local electricity rates, and charging speed. For frequent users, the subscription model is a cost-effective choice, while the pay-as-you-go system offers flexibility for occasional users. As Ather expands its network and more EVs hit the road, the company continuously evaluates its pricing to keep it competitive while maintaining premium charging speeds. Do Ather Fast Chargers Support Other Brand EVs? Taking the developing phase of the Indian EV industry into account, it makes less sense for companies to isolate their charging infrastructure for other electric vehicles. So, yes, you can charge other electric vehicles (EVs) that follow the IS17017 (Part 2 / Sec 7) 2023 connector standard. The standard represents a category of light electric vehicles (LEVs), vehicles i.e. electric two- and three-wheelers, and microcars. Moving a step forward, the company has also unveiled its connector technology which will enable any electric vehicle to explore “fast-charging” solutions across the country, irrespective of the brand of the electric vehicle. Moreover, in an exclusive move, Ather Energy has teamed up with Hero Vida to provide a wide range of charging stations to their users. This relationship translates into the user’s convenience in fast charging their respective electric scooter in any charging station operated by Ather or Vida. This partnership is one of its kind as the Ather Grid option does not provide the fast-charging option to other EVs; it provides just a regular charging point. However, if the user owns a Vida electric scooter, they can fast-charge their electric scooter in Ather grid.&nbsp; How Fast is Ather's Fast Charging? One of the standout features of Ather’s fast-charging network is its speed. Ather scooters are equipped with lithium-ion batteries that support fast charging, and the Ather Grid stations are capable of charging these batteries at 1.5 km of range per minute. This means that in just 10 minutes of charging, a rider can add approximately 15 km to their scooter’s range. This quick top-up feature is particularly beneficial for urban commuters who may need a fast charge during their daily travel or in emergencies. The fast-charging capability ensures that Ather owners can minimize downtime and quickly get back on the road. The fast-charging stations offer the convenience of charging up to 80% of the battery in about 40-50 minutes, depending on the model and the starting charge level. This makes Ather’s fast-charging network one of the most efficient for two-wheelers in India, offering a significant reduction in waiting time compared to home charging. Maintaining a premium image Just like Nilis Bohlin’s invention of the three-point seat belt for Volvo, who launched his product patent-free, embracing safety over profit, Ather Energy can also follow this “high road”. No doubt, the R&amp;D of Ather Energy is dedicated to promoting the charging EV infrastructure of India, the technologies like Grid Network and Connector can truly benefit the entire ecosystem. With the Ather Grid network, the company is addressing one of the key challenges in EV adoption: access to fast, reliable, and widespread charging solutions.&nbsp; As India continues to shift towards electric mobility, Ather Energy’s proactive approach to building a fast-charging network will likely serve as a blueprint for other companies aiming to establish their presence in the EV market.

Discover Ather Energy’s fast-charging network in India: 2700+ stations across 230 cities, affordable costs, and support for other EV brands. Explore Ather Grid’s strategic locations, pricing plans, and the role it plays in India’s EV revolution.

Ather Fast Charging Stations in India: Locations, Costs & Network Expansion 2024

Ather Energy EV

Ather Fast Charging Stations in India: Locations, Numbers, and Cost

Tarpan Vyas

From Reels’/ Short’s comment sections to Quora and WhatsApp University, the most recurring argument given against EV adoption is that the price of the battery replacement will ultimately make your EV cost equal to its ICE counterpart. But is it really true? Not surprisingly, all such claims you come across on social media are generally based on a single philosophy i.e. “I HEARD SOMEWHERE”. No doubt, the battery is the heart of an electric vehicle, which asks for replacement after 8-10 years (approx). All over the internet, you will find various articles showing varying costs of battery replacement prices. To be honest, companies do not generally reveal their battery replacement costs for whatever reasons, but you don’t have to worry because <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EVINDIA </a>is at your service. From the extensive market study, we have deduced one thing for sure, the replacement cost may vary from company to company despite the battery being of the same capacity. However, it is still possible to get a specific detailed idea about any such future expenses. In this blog, we will give you a detailed analysis of the battery-replacement cost of the major companies in the 2-wheeler electric vehicle segment so that you can make an informed choice.&nbsp; Battery Type &amp; Capacity: Electric Vehicles are majorly equipped with Lithium-ion batteries whose capacities are measured in kWh (Kilowatt hours). In the two-wheeler segments, batteries generally start from 2kWh and go up to 4kWh, according to your increasing budget. As you might have suspected, the battery replacement price is higher for higher-capacity batteries.&nbsp; The main thing to note here is that, unlike the general perception, batteries do not get completely torn off overnight. Actually, batteries consist of multiple cells which in the course of time start to degrade and result in lower range and efficiency. Let me extinguish some of your worries here, these cells are repairable which in turn can extend your overall battery life. Now you might say “So what, we still would have to change our battery after some time” Well yes! But that doesn’t mean it is going to cost you more or equal than ICE vehicles. Let me make my case! Ola Battery Price: The 2-wheeler EV giant <a href="https://evindia.online/ola-electric-buyers-guide" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ola Electric</a> provides a range of electric vehicles, from 2kWh battery capacity to 4kWh. In the 2kWh battery segment, the company provides the Ola S1X model whose battery will cost you somewhere around ₹55,000. On the other hand, the battery of the company’s higher-performance vehicle, the Ola S1X 4kWh variant will cost around Rs ₹80,000 to ₹85,000. Each and every electric scooter of Ola Electric including the company’s flagship product Ola S1 Pro’s battery price also is between ₹87,000 to ₹90,000. Refer to the list below to learn in detail about Ola electric battery prices. <ul><li>Ola S1 Pro battery price: ₹87,000 to ₹90,000</li><li>Ola S1 Air battery price:&nbsp; ₹70,000</li><li>Ola S1 X (4kWh) battery price: ₹80,000 to ₹85,000</li><li>Ola S1 X (3kWh) battery price: ₹70,000</li><li>Ola S1 X (2kWh) battery price: ₹55,000</li><li>Ola S1 X+ battery price:&nbsp; Similar to S1 X models, around ₹70,000</li></ul> Bajaj Chetak Battery Price: The legacy of “Humara Bajaj” in the electric version is well celebrated in the Indian EV industry. The company’s offering starts from 2.8kWh battery capacity in its <a href="https://evindia.online/product/bajaj-ev-blue-2901-standard" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Chetak 2901</a> variant and goes up to 3.2kWh in the newly launched <a href="https://evindia.online/product/bajaj-ev-3201-standard" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Chetak 3201</a>. The company provides all of its vehicles in 2 options i.e. Standard and Techpac. Techpac introduces some extra features and riding modes in your vehicle. Although the Chetak battery price does not depend on whatever option you buy, the life of the battery may vary according to the “models” on which you drive your vehicle.&nbsp; For the overall fleet, the Bajaj Chetak battery prices range from ₹60,000 to ₹80,000 depending on the model​ and its battery capacity. Ather Battery Price: The “premium” brand of the electric 2-wheeler segment, <a href="https://evindia.online/electric-vehicle-companies/ather-energy-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ather Energy</a> whose market share is consistently growing in the EV industry, when it comes to its success, has something to do with its battery management strategies. The company’s robust service centres along with its 5-year warranty (8 years extended), have been able to create trust in the audience. The company provides 2.9kWh powered electric scooters such as <a href="https://evindia.online/product/ather-energy-450x-pro-ev-3.7-kwh" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ather 450X</a> and high-performance scooters such as <a href="https://evindia.online/product/ather-energy-ev-rizta-z---3.7-kwh" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Ather Rizta</a> that are powered with 3.7 kWh battery. Concerning its cost, the Ather battery prices lie under the spectrum of ₹60,000 to ₹80,000. Moreover, to know Ather battery prices in detail refer to the list below: Ather 450X (2.9 kWh): ₹65,000 to ₹70,000Ather 450X (3.7 kWh): ₹80,000Ather 450S: ₹60,000Ather Rizta: should follow Ather 450X pricing, between ₹65,000 and ₹80,000. Vida Battery Price: The <a href="https://evindia.online/electric-vehicle-companies/vida-world-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Vida electric vehicles</a>, backed by Hero Motors, are one of the top contenders in the EV industry whose products are widely appreciated and loved. So, if you too are planning to buy a Vida electric scooter and have concerns about its battery price, then don’t worry we have your back. The company provides only 2 electric vehicles, <a href="https://evindia.online/product/vida-world-v1-pro-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">V1 Pro</a> and <a href="https://evindia.online/product/vida-world-v1-plus-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">V1 Plus</a>, with 3.9 kWh and 3.4 kWh of battery capacity respectively. Both vehicles come with 2 removable batteries that can be charged at your convenience. The company provides a 5-year warranty on their electric scooter which includes 24x7 roadside assistance, Home Services and many more facilities.&nbsp; In case of replacement, the Hero Vida V1 Pro battery price will be ₹85,000 approximately. Whereas, the company’s other vehicle Hero Vida V1 Plus battery will cost you around ₹75,000. TVS Battery price: Another legacy brand in our EV list is <a href="https://evindia.online/electric-vehicle-companies/tvs-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">TVS Motors</a>. This company is an exception when it comes to battery capacity! What makes it so exceptional is its TVS iQube St electric scooter which comes with a non-conventional, unprecedented, 5.1kWh battery. The brand claims a whooping “real” range of 150km and provides a 3-year or 50,000 km (whichever arrives first) warranty. Well, but wait! There is a slight problem. This vehicle variant has not hit the roads yet! The company has already received orders, but the delivery date is yet to be announced. Therefore, we were not able to find a substantive range of its battery price. The company’s other electric vehicle variant, <a href="https://evindia.online/product/tvs-iqube-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">TVS iQube</a> (3.04 kWh) is also an embodiment of perfection whose battery replacement will cost you around Rs ₹60,000 to ₹70,000. Meanwhile, if you own or are planning to own a TVS Iqube ST electric scooter then battery replacement can cost you around ₹90,000.

Get the latest battery replacement prices for top EV scooters in India. Explore costs for Ola, Ather, Vida, Bajaj Chetak, and TVS, ranging from ₹55,000 to ₹90,000 in 2024.

2024 Battery Prices for Top Electric Scooters in India: Ola, Ather, Vida, Chetak & More

Ola Electric EV

Battery Prices of Top EV Two-Wheelers in India: Ola, Ather, Vida, Chetak, TVS  (2024 Update)

IntroductionAs the electric vehicle (EV) revolution gains momentum, OLA Electric Vehicles is leading the charge with some fantastic flat discount offers. If you're considering making the switch to electric, now is the perfect time to take advantage of these deals. In this post, we’ll break down the ongoing discounts available for various <a href="https://evindia.online/ola-electric-buyers-guide" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">OLA models</a> across different states and cities in India.Overview of OLA Electric VehiclesOLA offers a range of electric scooters designed to cater to diverse needs. From the sporty <a href="https://evindia.online/product/ola-electric-s1-pro-ev-2nd-generation" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">S1 Pro</a> to the budget-friendly <a href="https://evindia.online/product/ola-electric-s1-x+-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">S1 X series</a>, there’s something for everyone. With impressive features such as long-range batteries, smart connectivity, and eco-friendly designs, OLA EVs are paving the way for sustainable commuting.Current Offers and DiscountsHere’s a detailed breakdown of the ongoing flat discounts for various models across states and cities:&nbsp;Tamil Nadu (incl. Puducherry)<ul><li>Chennai:</li><li class="ql-indent-1">S1 Pro: ₹10,000</li><li class="ql-indent-1">S1 X 3 kWh: ₹10,000</li><li class="ql-indent-1">S1 X 4 kWh: ₹10,000</li><li>Coimbatore:</li><li class="ql-indent-1">S1 Pro: ₹7,000</li><li class="ql-indent-1">S1 X 4 kWh: ₹7,000</li><li class="ql-indent-1">S1 X 3 kWh: ₹10,000</li><li>Tirupur:</li><li class="ql-indent-1">S1 Pro: ₹7,000</li><li class="ql-indent-1">S1 X 4 kWh: ₹10,000</li><li class="ql-indent-1">S1 X 3 kWh: ₹5,000</li><li>Rest of State:</li><li class="ql-indent-1">Discounts range from ₹5,000 to ₹10,000.</li></ul>Uttar Pradesh<ul><li>Lucknow:</li><li class="ql-indent-1">S1 Pro: ₹7,000</li><li class="ql-indent-1">S1 X 4 kWh: ₹10,000</li><li class="ql-indent-1">S1 X 3 kWh: ₹5,000</li><li>Agra:</li><li class="ql-indent-1">S1 Pro: ₹10,000</li><li class="ql-indent-1">S1 X 4 kWh: ₹10,000</li><li class="ql-indent-1">S1 X 3 kWh: ₹8,000</li><li>Rest of State:</li><li class="ql-indent-1">Offers range from ₹5,000 to ₹10,000.</li></ul>Maharashtra (incl. Goa)<ul><li>Pune:</li><li class="ql-indent-1">S1 Pro: ₹15,000</li><li class="ql-indent-1">S1 X 4 kWh: ₹12,000</li><li class="ql-indent-1">S1 X 3 kWh: ₹8,000</li><li>Mumbai:</li><li class="ql-indent-1">S1 Pro: ₹5,000</li><li class="ql-indent-1">S1 X 4 kWh: ₹8,000</li><li class="ql-indent-1">S1 X 3 kWh: ₹8,000</li><li>Rest of State:</li><li class="ql-indent-1">Discounts available from ₹8,000 to ₹15,000.</li></ul>Karnataka<ul><li>Bengaluru:</li><li class="ql-indent-1">S1 Pro: ₹20,000</li><li class="ql-indent-1">S1 X 4 kWh: ₹10,000</li><li class="ql-indent-1">S1 X 3 kWh: ₹10,000</li><li>Rest of State:</li><li class="ql-indent-1">Discounts up to ₹10,000.</li></ul>Gujarat<ul><li>Ahmedabad:</li><li class="ql-indent-1">S1 Pro: ₹10,000</li><li class="ql-indent-1">S1 X 4 kWh: ₹7,000</li><li class="ql-indent-1">S1 Air: ₹7,000</li><li class="ql-indent-1">S1 X 3 kWh: ₹10,000</li></ul>&nbsp;<ul><li>Rest of State:</li><li class="ql-indent-1">Discounts range from ₹3,000 to ₹10,000.</li></ul>Additional States<ul><li>Rajasthan, Madhya Pradesh, Haryana, Kerala, and more: Discounts vary, typically between ₹5,000 and ₹20,000.</li></ul> Additional Offers (Applicable to All Regions)At OLA, they're not just about great flat discounts; they’re committed to enhancing your electric vehicle experience with a range of exciting benefits! Here’s what you can look forward to when you choose OLA Electric Vehicles.Accessory DiscountsWhy not personalize your ride? Enjoy a 20% discount on a fast charger, ensuring your OLA vehicle stays powered up and ready to go. Plus, when you purchase a buddy step, you’ll receive free accessories worth ₹1,500, which include a stylish scooter cover and a practical floor mat. It’s a great way to keep your vehicle looking sharp!Smart BenefitsOLA believes in giving our customers more than just a great vehicle. With OLA, you get lifetime free access to MoveOS+, their advanced operating system that keeps your vehicle up-to-date with the latest features. Plus, their 8-year / 80,000 KM battery warranty ensures peace of mind, letting you focus on the road ahead.And let’s not forget about charging credits! You’ll receive ₹7,000 in credits for the S1 Pro and ₹5,000 for other models—perfect for keeping your charging costs low. As a bonus, enjoy 50% off on Care+, our comprehensive vehicle maintenance plan, available at your discretion.Flexible Financing OptionsOLA recognizes that purchasing a vehicle is a significant investment, which is why they provide an instant 5% discount, up to ₹5,000, when using select bank credit card EMIs. Additionally, eligible buyers can take advantage of a no down payment option, making it more convenient than ever to drive home in your new OLA Electric Vehicle.How to Avail the DiscountsTo make the most of these offers, follow these simple steps:<ol><li>Contact our EVGuru on WhatsApp at 9099900547.</li><li>Select your desired model and check the specific offers available in your area.</li><li>Complete the inquiry process while ensuring to ask about any additional benefits or financing options.</li></ol> Tips for Buying an Electric Vehicle<ul><li>Research thoroughly: Understand the differences between models and choose one that suits your needs.</li><li>Check service infrastructure: Ensure you have access to service stations in your area.</li><li>Take a test drive: Experience the ride and handling of the scooter firsthand.</li></ul>ConclusionNow is the perfect time to consider switching to an OLA Electric Vehicle, especially with these incredible flat discount offers available across various states and cities. Don’t miss out on the opportunity to save while making an eco-friendly choice.

Discover flat discounts on OLA Electric Vehicles this Diwali! Offers up to ₹20,000 off on models like S1 Pro and S1 X. Plus, enjoy accessory discounts, financing options, and more.

Exciting Diwali Offers on OLA Electric Vehicles – Save Big on EVs Across India

Exciting Diwali Dhamaka Offers on OLA Electric Vehicles!

Bhavik

Growth in the <a href="https://evindia.online/electric-vehicles" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EV</a> industry in India has been accompanied by a wide information gap between users and companies. Though many companies have come up with a number of offerings, the same was not always crystal clear and easy to understand for the customer eyeing a particular product. This challenge was further exacerbated by the fact that new technology and its applications were completely a new foray for the Indian automobile industry, hence requiring explaining to the audiences. The government subsidies at both the demand and supply end created an initial boom in the EV sector, resulting in a plethora of new EV companies entering the market. The problem had changed from "What's the choice?" to "What to choose?" With new EV companies sprouting without end at home and abroad, the challenge of making sense of the market and the decisions one must make in purchasing a vehicle became increasingly difficult. Consumers were bombarded with so much scattered and confusing information. With this glut of information, selecting the right EV turns into searching for a needle in a haystack.&nbsp; This is where <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EVINDIA</a> steps into the picture acting as a bridge between EV companies and prospective customers, empowering consumers in their electric-mobility journey by conducting extensive research and putting in a tireless effort to build the much-needed information bridge. We dive deep into the world of <a href="https://evindia.online/electric-vehicles" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EVs</a>, bringing hands-on, in-depth knowledge on every conceivable <a href="https://evindia.online/electric-two-wheelers" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric two-wheeler</a> that exists in today's marketplace. This ensures a thrilling ride while transitioning from Internal Combustion Engines to EVs, and assures well-informed and smooth sailing. EVINDIA does not stop at specifications – we go beyond the technicalities to advice that speaks to individual needs which makes your EV buying journey blemish-free. Covering every fine point like battery life, charging infrastructure, performance metrics, and which ones are more cost-effective can boggle the minds of consumers. EVINDIA breaks down these complex elements into understandable information so that the consumer may make well-informed decisions. EVINDIA, by comparing models side by side, allows any potential buyer to weigh pros against cons; hence, the right EV that will fit a purchaser's particular lifestyle or needs is acquired. Because we know that every customer's needs are different and that we must assist you in finding the best E2W, which will truly complement your day-to-day commutes, budget, and way of life. Industry Insights and Future Trends Apart from reviewing products, EVINDIA offers insight into the industry together with future trends. Being India’s largest EV marketplace, EVINDIA provides a wide array of <a href="https://evindia.online/electric-vehicles" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicles</a> to its audience with their specifications broken down to a child-understanding level.Dynamic developments in the EV space in India impart sufficient reason for consumers and stakeholders in the industry to update themselves with changing times and relevant regulatory provisions. EVINDIA offers timely updates, professional analyses of government policies, state-of-the-art technological innovations, and market dynamics in its News as well as Blog section. This foresight allows consumers to be informed not only about available products at present but also about impending trends in the EV industry. User Experiences and Community Engagement <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdNDLaHlHB3ZykJCnICCejHGZZ_sR7asVfSJziZdKdf7lNfFViKPKYBIs18GPR-yzS2sNIo8Mn7KH0x5SY1n9TvstK9eILaHU2XlVPLViuiqMfYvD7CMlFR3H-bDczsU24f-qiqZ3x5mXq1FjTNxSW-vKNB?key=Ky0D3e3ehZqA-f4-NsKBig" height="401" width="602"> EVINDIA also nurtures community among the EV users and hence is used to share everyday user experiences and encourage community engagement. Testimonials/case studies from current owners give real insights about the benefits and challenges of owning an EV to the prospective buyer. EVINDIA provides users with the ability to share their stories and build a network of support for one another. One such example, of community engagement, is “community drives” conducted by the EVINDIA, where, people from various walks of life come together just to travel. And what’s common between them? THEY ARE ALL EV LOVERS, obviously! By creating such a user-driven community, people will not only be in a position to share knowledge but will also work at a cross-functional level in realizing sustainable transportation. Industry Leader Partnerships and registered supplier <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfb_yl9jUU9iCStGkamLPhO92-iI-BgLk8hL-93_9ODgx3s2OjBOClsBixpuRsxSOs_RKkqE54ujufkR5C1ct6bll0FHKmPdoeJwVij3ZMnXrentDS8uOtVqRE6tSJrGSbD3kXQixvc7GlMbS5k8ibu-5rA?key=Ky0D3e3ehZqA-f4-NsKBig" height="467" width="602"> EVINDIA collaborates with EV industrial leaders to be a certified supplier of revolution-inducing EVs such as Ola Electric. Being a certified supplier helps EVINDIA provide readers with authoritative information and exposure to the latest sector developments. From collecting insights from manufacturers and analysing policymakers,&nbsp; EVINDIA collaborates with every other update of the EV industry to keep its patrons ahead of the EV revolution.&nbsp; Such partnerships would not only enable EVINDIA to provide cutting-edge insights and recommendations to the audience but also further cement its reputation as a trusted resource in the EV landscape. Advocacy of Sustainable Transport Beyond the information provision, EVINDIA is also an active advocate of sustainable transport solutions. Their mission includes the promotion of the environmental and economic gains of adopting EVs.&nbsp; EVINDIA envisions contributing to a greater change in society into sustainable living, having brought out the impact of electric vehicles on carbon emissions and dependency on fossil fuels to light. EVINDIA with its EV community advocates public awareness and participation aimed at the conservation of the environment. These initiatives at once inform and inspire towards a greener future. Conclusion: Join the Revolution of EVs EVINDIA has turned out to be one of the biggest milestones in India's electric vehicle revolution. This is where information gaps, like those mentioned above, are covered by the invaluable resources from EVINDIA. Therefore, customers get the power to make informed decisions and adopt green mobility with open arms. Their detailed reviews, learning materials, and community building set EVINDIA at the forefront of the EV world. While the industry of EVs continues to evolve, EVINDIA does the same for its audience, which will always be at the forefront of this transformative journey. EVINDIA has played a critical role with respect to awareness in terms of bridging this gap and also facilitating mass adoption of electric vehicles to ensure that Indians live in a greener and more sustainable future.

EVINDIA bridges the gap in India's EV market with in-depth reviews, expert insights, and community-driven initiatives, empowering consumers to make informed decisions and promote sustainable transportation. Join the EV revolution with EVINDIA!

EVINDIA: Leading India's Electric Vehicle Revolution with Expert Insights and Community Engagement

The Rise of EVINDIA: Leading the Electric Vehicle Revolution in India

India is all set to play a pivotal role in the rapid transformation of the global electric vehicle (EV) market. The global market for EVs is estimated to be at $255 billion, according to a report just published by Axis Securities and is seen to take off to $2,108 billion by 2033. This would mean that it will have recorded a CAGR of around 23% during the period from 2023 to 2033. It tells us about the rising demand for mobility solutions to meet the need for cleaner alternatives, especially in countries like India, as rapid urbanisation and rising environmental concerns form the basis of their demands. Indian Electric Vehicle Market Growth The Indian electric vehicle market is going to grow dramatically in the coming years. Annual volume will reach as high as 10 million units by 2033 from 1.7 million units during the financial year 2023-24. This growth will be governed by various factors in the form of government policies, new product launches, cost reduction of raw materials to manufacture, and rapid technological developments. The country's EV revolution will not only be limited to 2W and 3W. In the coming decade, the adoption of electric buses, passenger vehicles, and even heavy-duty trucks is expected to pick up pace. Infrastructure improvement coupled with affordable electric vehicle models in the market are the root cause of this projected growth. Government Support The Indian government has played an important role in pushing EV adoption across the nation. Replenishing the exhausted FAME, which stood for a Fully Integrated Application for Methanol Export, the new PM E-Drive Scheme is part of several electric two-wheelers and three-wheeler subsidies-totalling ₹10,900 crore, all to be released within the next two years, for a push on selling electric two, three, and four wheelers. The proposal will support the sale of 24.79 lakh two-wheelers, 3.16 lakh three-wheelers, and 14,028 e-buses by 2025. The government's new tax-friendly policy has made EVs affordable. Electric cars are taxed at a mere 5%, while hybrid vehicles pay a 28% tax, and the heavy tax of 49% is borne by the ICE vehicles. So, all these incentives have levelled the playing field for EVs, and consumers will find them increasingly accessible, driving further growth. Infrastructure Development: The Driver of Growth The best part that would lead to widespread EV acceptance is the robust charging infrastructure. Keeping in view this very demand, the Indian government is going to spend ₹2,000 crores in developing public EV charging stations. Of course, these funds would support the installation of 22,100 fast chargers for electric four-wheelers, 1,800 for electric buses and 48,400 for electric two and three-wheelers. This infrastructure development is even more necessary because range anxiety remains one of the most significant concerns of potential EV buyers. For example, to promote electric trucks and ambulances, ₹ 500 crores have been put towards supporting the adoption of electric trucks. Similarly, ₹ 500 crores have been allocated for hybrid and fully electric ambulances. These are not only meeting the high-rising demands for clean commercial and emergency vehicles but also indicate the long-term vision of the government as the sector-wide supports EVs. Rising Semiconductor Industry in India By far, the biggest challenge for the EV industry is indeed the availability of semiconductors. Electric vehicles are essentially run by semiconductors- everything from battery efficiency to vehicle safety systems. India has made its strides here: the country has been working relentlessly to develop its own semiconductor manufacturing capacities. The collaborations with the US, Japan, and Australia provide India a platform to establish itself as a major leader in the semiconductor sector. An example can be cited in the form of awarding the government project of setting up the semiconductor manufacturing plant to 3RrdiTech Inc., the leader in a technology house. This is very important because the government feels that for these few vital elements of electric vehicles demanded increasingly, control over the supply chain must be independently warranted. For this purpose, entry into semiconductor manufacturing can be seen as a forward-looking approach not just for the EV sector but all other dependent sectors on the technology, such as telecom and consumer electronics. If such initiatives work out well, India plans to restrict its reliance on imports and will ensure that the EV sector keeps growing free from interference by outside forces. EV Revolution in India - A Reality, Not a Myth India's electric vehicle revolution is no more a dream, but increasingly real. At a time when the world EV market is projected to touch more than $2 trillion by 2033, India is gaining momentum in becoming one of the leaders in this space. India government policies such as the PM E-Drive Scheme, along with investment in subsidies, lowering taxes and more emphasis on infrastructure development, will see more EVs emerging on the roads in the years to come. This focus on making semiconductors domestically in India will be crucial to keeping the momentum of the Indian EV industry going. Association with global partners and further local supply chain development will reduce the costs of manufacturing even further and help India reach its ambitious targets. The future of India's EV industry is promising. Growth there has been achieved through innovation and policy support. The country continues to embrace sustainable mobility solutions, and thereby the figure for EVs on Indian roads will continue to rise, doing its part for global carbon emissions reduction and fighting climate change. The EV revolution is here, and it's only going to get bigger.

The Indian electric vehicle market is going to grow dramatically in the coming years. Annual volume will reach as high as 10 million units by 2033 from 1.7 million units during the financial year 2023-24.

How Indian future EV industry looks like

How Indian future EV industry looks like: Post PM E-Drive Expectations

The festival season is the ideal time for consumers to splurge since manufacturers dangle varieties of discounts and offers. Continuing this spree, Ola Electric, India's fastest-growing electric vehicle manufacturer, announced their biggest festival sale under the banner of BOSS - Biggest Ola Season Sale. This sale promises big announcements, bigger launches, and the biggest deals, which all lead the way for consumers to embrace the electric revolution by switching over to eco-friendly electric vehicles (EVs). With this initiative, Ola is not just expecting to advance its market position but also enable customers to ride home the "BOSS" of all EVs - the Ola S1 series. This festive sale is particularly crucial as Ola Electric is entering a phase of high-simmering competition in the electric two-wheeler market and also sales decline. The continuous loss of market share by the company makes the time of this offer crucial for the company. However, this BOSS sale could turn out to be quite strategic enough to revive the interest of consumers and therefore the demand for these electric two-wheelers. Here's what the BOSS sale has in store, and why now is the perfect time to go electric with Ola: Big Announcements and Bigger Deals Ola Electric has lined up some of the most attractive deals the EV market has ever seen under its BOSS sale. The most eye-catching announcement of all is the cut on the much-in-demand Ola S1X 2kwhr variant which now stands at ₹49,999 (terms and conditions applied). As this offer brings up to ₹25,000 off on the market price, it marks a new benchmark for affordable electric scooters in India. The Ola S1 X boasts impressive styling, intelligent features, and a robust performance. Thus, it is a great option for any first-time EV buyer. There is much more play with the Ola S1 range, given the sign of the biggest discounts across its portfolio beyond the S1 X. Moreover, the earlier pricey Ola S1 Pro is now available with a ₹20,000 discount and goes for ₹1,14,999. S1 Pro is the flagship from Ola and comes with more speed, more range, and more features, and this deal will appeal a lot to performance-centric electric scooter seekers. For the mid-range-seeker, there's also the Ola S1 Air available with a discount of ₹1,00,499. That cuts the original price tag by ₹7,000. This model has a light design and, with a decent on-paper range, is suitable for an urban commute. And yet more benefits for an all-rounded experience Sale does not mean cutting prices alone. Ola Electric has taken it further by offering trade-in benefits of up to ₹25,000 across its S1 range. So, an exchange bonus will reward the existing two-wheeler owners as well as trade in their old vehicle for a discount on a new Ola scooter. Additionally, access features of smart technology are also available in more advanced forms through app connectivity, navigation, and over-the-air updates for maximum user experience. Ola is also offering an extended warranty of 8 years on select models to give further peace of mind to consumers. This approach gives full confidence to the company on the durability and reliability of its electric scooters. If such concerns about charges remain, Ola to its credit has introduced fast-charging credits that could be a game-changer for city riders. With such advantages, the BOSS sale is no longer discounted but a complete package designed to make the switch to electric as convenient and inexpensive as possible.&nbsp; It's also a response to falling sales. It is a crucial time for Ola Electric, which has seen sales drop for months. In September 2024, the company recorded its lowest monthly sales of the year at 23,965 units, marking the second straight month of month-on-month decline. In addition, the market share for the company is as modest as 27% in September, having declined from more than 50% in April, indicating the growing level of competition in the EV space. Several factors have led to this collapse: greater competition from the traditional two-wheeler stalwarts like TVS Motor and Bajaj Auto, who came out with more modern models at competitive prices. The above companies gradually and consistently ate into the market share of Ola, so a major promotional thrust in the form of the BOSS sale was all the more imperative. The company's CEO Bhavish Aggarwal announced the BOSS sale through microblogging platform X, formerly Twitter, as a clear indicator that the company is eager to return to the market. The sale has been touted as an opportunity not only to bring new customers on board but also to reactivate old ones through special referral programs.&nbsp;Referral program and customer reactivation Besides these discounts and benefits, the Referral Program of Ola Electric continues, where it has been very popular among its customers. Any owner can refer friends or family to buy an Ola electric scooter, from which both the referrer and the new buyer will benefit. A referrer receives a reward worth ₹2,000, and a new customer receives a discount worth ₹1,000. Through this process, the brand promotes community engagement around the brand while offering an incentive to existing users through monetary rewards to further the sales of electric scooters from Ola. Time to Make the Switch This will be the perfect time for those interested in switching to electric, and they can ride home in the "BOSS" of all EVs. Whether the eco-conscious commuter or the new, cost-effective ride, something is there in Ola's BOSS for everybody. The BOSS sale represents a perfect combination of festival delight and trust-building measures by the company. No doubt, it marks an important ambition for Ola Electric in its journey to success despite strong competition in the market. Innovative models and attractive prices through a customer-first approach would help Ola Electric achieve a good bounce back during the festival season.

Moreover, the earlier pricey Ola S1 Pro is now available with a ₹20,000 discount and goes for ₹1,14,999. S1 Pro is the flagship from Ola and comes with more speed, more range, and more features

Buy Ola S1 @49,999: Introducing BOSS

Moreover, the earlier pricey Ola S1 Pro is now available with a ₹20,000 discount and goes for ₹1,14,999. S1 Pro is the flagship from Ola and comes with more speed, more range, and more features.

Buy Ola S1 @49,999: Introducing BOSS – The Biggest Ola Season Sale

The global electric vehicle (EV) industry is predicted to grow from $255 billion in 2023 to $2,108 billion in 2033, citing an Axis Securities research ANI reported on Saturday.&nbsp; The rise will be driven by worldwide demand for sustainable transportation solutions pushing compound annual growth rate (CAGR) to 23% between 2024 and 2033. According to Axis Securities, the Indian EV market is expected to reach 10 million units per year by 2033, up from 1.7 million units in fiscal year 2023-24. A combination of government policies will fuel the transformation of the EV industry, the decreasing cost of bill of materials (BoM), the launch of new products, and rapid advancements in technology, as per the report. India is likely to be one of the leaders of the global EV revolution, with major EV adoption expected over the next ten years in three-wheelers (3W), two-wheelers (2W), electric buses, and passenger automobiles, according to the news agency. The EV category is expected to expand more as infrastructure improves and more affordable models reach the market, according to the research. The government has budgeted ₹10,900 crore in subsidies over the next two years to promote the adoption of electric two-wheelers, three-wheelers, and buses, the news agency further reported. The report further states that the establishment of charging infrastructure is important for increasing EV adoption. Moreover, the government has committed ₹2,000 crore to create public EV charging stations across India.

According to Axis Securities, the Indian EV market is expected to reach 10 million units per year by 2033, up from 1.7 million units in fiscal year 2023-24.

Global EV market to grow from $255 billion to $2,108 billion by 2033

Global EV market to grow from $255 billion to $2,108 billion by 2033: Axis Securities report

On Sept 9th the people of the world came together to celebrate World EV Day, marking the fifth anniversary of the celebration from its beginning. Well, obviously it is not a Diwali, Christmas or Thanksgiving, but the very existence of this day is based on the need to adopt a cleaner and greener commute option worldwide. One can say that this initiative is really showing its colours, as to push EV adoption further beyond, an Indian electric two-wheeler company Oben Electric has decided to push for “EV inclusivity”. The company has announced its plans to launch 4 new electric two-wheelers in the upcoming six months starting from an unprecedented price of Rs 60,000, making the transition cost practically zero. The premium-ride seeking customers have also much to look for, as the company’s offering will go up to Rs 1,50,000, providing a high-performance electric travelling partner.&nbsp; Oben Electric being a flag holder of the “Make in India” campaign boasts an intention to lead the charge in revolutionising India’s electric mobility landscape by offering innovative solutions to meet the rising demand of the world’s third-largest automobile industry. The upcoming vehicles underline the company’s commitment to providing sustainable, efficient and high-tech features within an affordable range.&nbsp; The company in its ambitious press statement has revealed that they are trying to tap into the yet-to-tap motorcycle segment of India's EV industry. Oben has observed that the motorcycle segment of the EV industry is only 30% catered while leaving the potential 70% empty. Oben with its launch of new vehicles seeks to fit into this void.&nbsp; By already setting a good example from its previous Rorr vehicle, launched in 2022, Oben Electric is further expected to launch these new vehicles to offer the same level of reliability and performance as equivalent to their internal combustion engine (ICE) counterparts. What does the future look like? One of the notable features of Oben Electric's new vehicles will be the&nbsp; LFP battery which is proven to be one of the most efficient battery technologies of the time. LFP batteries are particularly well-suited for India's challenging climatic conditions. This technology ensures that Oben Electric's vehicles can deliver reliable performance and longevity, even in extreme temperatures. Moreover, the vehicle will also feature superior heat resistance making the rides more durable and with an extended lifespan.&nbsp;&nbsp;Underlining the company’s commitment to the future, Ms. Madhumita Agrawal, Founder and CEO of Oben Electric said,&nbsp; “As we celebrate World EV Day, it is important to recognize the immense potential of India's electric vehicle market. With the right products and infrastructure, we can facilitate the transition from ICE to EVs with ease. At Oben Electric, we are committed to building electric vehicles that not only meet the performance expectations of our consumers but also address the demand for sustainable, cost -effective and locally manufactured solutions. We believe that with our new models, we are taking a major step toward unlocking the full potential of the EV market and making electric mobility accessible to all”,&nbsp;&nbsp;In addition, the company's strategic expansion plans include the opening of over 60 new showrooms across 12+ major cities by the end of the year. This aggressive expansion is expected to enhance accessibility and ensure a seamless ownership experience for Oben Electric customers through a robust network of after-sales support and service centres. About Oben Electric:<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdzKAiDjSNEuElXKFmgUdYdyTEnCigydL3d8ocECWPWKsCpSuaBA6_Xy7RlcssS6OE51_I3XpGPCWXUzeLQ97FYlxVQFKTX5lWUR6eys3Z3ek4o9oRTezNach5vb--A47h-K-VjcwMyO77DcLQ3GBakohsq?key=kVcBZ__edi_KmJTz3ZIHBQ" height="601" width="602"> Oben Electric is one of the companies at the forefront of the Indian electric two-wheeler market which is transforming the world of commuting. The company was established in August 2020 and is based in Bengaluru with expertise in designing, developing and manufacturing high-performance electric motorcycles and their critical components all under one roof. Taking advantage of a passionate team of technologists who have been working on electric vehicle R&amp;D for over 25 Years, Oben Electric stands for "Design in India for the World." An exemplary approach by which innovative electric motorcycles are produced not only for Indians but also for possible self-sustaining markets worldwide. Oben Electric has always led from the front as it spearheads multiple pioneering transformations concerning how people use electric two-wheelers within India. Among others, this firm first embraced advanced battery chemistry such as LFP (Lithium Iron Phosphate) on its electric motorcycles. Compared with most other conventional battery chemistries, these offer enhanced safety attributes longer ranges and cleaner operations making them suitable for diverse climatic conditions and rough terrains across India. Further demonstrating their commitment to research and development are well over two dozen patents owned by its innovative technology alongside the EV components manufacturing division of Oben Electric.

Oben Electric plans to launch 4 new electric two-wheelers, priced from Rs 60,000 to Rs 1,50,000, with advanced LFP batteries. Aiming for EV inclusivity, Oben will also open 60 new showrooms to expand accessibility across major Indian cities.

Oben Electric to Launch 4 New Affordable Electric Two-Wheelers Starting from Rs 60,000

Oben Electric EV

Starting from Rs 60,000 only; Oben Electric Plans to Launch 4 New Electric Vehicles

The recent budget presented by the Finance minister shows the government's priority to bolster further the face of transport transformation in India, with more and more companies and people switching to electric vehicles. Strengthening the production-linked incentive scheme, the recent budget 2024, shows the public sector making way for private entities to expand in the <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EV </a>industry. Pure EV is among one of the forefront EV companies in the Indian EV ecosystem which seems all set to exploit the emerging potentials of the industry. From this potential only, the company has been able to compel riders to switch from traditional vehicles to <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicles.</a> Owned by the founders Dr Nishanth Dongari and Rohit Vadera, the Pure EV has always placed itself as the front voice of sustainable transport modes. PURE is an abbreviation for Power Using Renewable Energy and has lived up to its name since its establishment.&nbsp; This blog posts why Pure EV riders are quickly switching from traditional Internal Combustion Engine-driven <a href="https://evindia.online/electric-two-wheelers" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">two-wheelers</a> to <a href="https://evindia.online/electric-scooters" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric scooters</a> and motorcycles through the benefits and innovations that a transition would bring. Environmental Impact One of the major reasons behind people shifting from conventional vehicles to <a href="https://evindia.online/electric-vehicle-companies/pure-ev" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Pure EV</a> scooters is the constantly degrading environment. People are more and more opting for eco-friendly transport solutions with growing concerns about global warming and air pollution in order to lessen their ecological footprint. With sustainability in mind, Pure EV electric scooters are designed to be more eco-friendly, bringing out their benefit in low pollution and energy conservation. With electricity, especially its renewables, Pure EV scooters reduce dependence on fossil fuels, which by extension translates to reduced GHG emissions. Moreover, these scooters run much more silently, reducing noise pollution in populated areas. With cities working on their sustainability and becoming eco-friendlier, the use of Pure EV scooters would be quite a pragmatic way to make an impactful realization of this dream. They have been committed to carbon shadow and successfully have done CO2 reduction by more than 49,000 tons by their consumers over the past 3 years, due to their cutting-edge technology. With this, they have also achieved a 42% reduction in lithium consumption per kilometre. This environmental awareness by riders is a personal commitment to greener living and supports the movement of combating climate change for a better future and saving the planet for posterity. Advanced Battery Technology <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe0E6JGMRK1JkYwTanAVvNPvID5F7fgUItsZctrmunkZDEqDlAP2U7xFDgViuxVc1zjBeQh1Bc96FRoi0MMBvVZ80ERuwcy0f4_aGxo3NLbBICNzpnoKLxUNWYdPmQuXAU-J5wM0dDYmIqDr5P0FaNOsu5B?key=bvahXHv6KmfOolJYEP5HYw" height="601" width="602"> Energy storage technology has been the main focus of Pure EV since its inception. The company has successfully gained expertise in advanced Lithium battery technology. BaTrics Faraday is one of the most advanced concepts in battery management which the company has innovated. The system literally increases the battery's life and self-repairs itself for optimal operations throughout its life cycle. In this manner, it reduces the need to replace batteries very often, leading to less electronic waste, thus ensuring sustainability. Their commitment to quality battery technology is proven by their world-class pure EV 5-year battery warranty. Their cutting-edge battery technology is AIS 156 certified. The AIS 156 certification sets stringent criteria for battery performance, including capacity, lifespan, thermal stability, and charge management. By adhering to these standards, manufacturers ensure that their electric vehicles provide adequate range, long-term durability, and consistent performance. With this guarantee, consumers are given assurance in their minds about battery longevity and reliability, factors which users seek to switch from ICE vehicles to EVs. Technological Advancements Substantial investments in research and development have continued to play a key role at Pure EV. The company enjoys a modern R&amp;D facility engaged in the development and testing of electric powertrains to maintain their technologies at the cutting edge. Improvements include smart AI for better battery life and advanced electronic braking systems for better safety and control while riding, making Pure EVs more desirable.It is the mix of environmental, economic, and technological drags that push the traditional vehicles to turn towards Pure EVs. The commitment of the group towards Pure EV, advanced battery technology, a comprehensive product portfolio, and innovation in its products has led to it being at the forefront of the Indian EV market. Choosing Pure EV is the riders' smart choice in fulfilling their transportation need and supporting a greener and more sustainable India. Conclusion In a nutshell, traditional scooters get replaced by the force of three parameters by Pure EV scooters: environmental, economic, and practical. Therefore, Pure EV scooters help people reduce their carbon footprint and contribute towards a greener planet since they are cleaner and a green way of transport compared to the ones running with fossil fuel medium. The high-end technology fitted in these scooters guarantees better performance with efficiency and reduced operational costs, which ultimately amounts to an affordable package for the customers. Additionally, the convenience offered by the charging infrastructure, as well as the features of Pure EV scooters, are at par with modern, hassle-free concepts for a convenient ride. Given the congestion faced in urban areas, the compact design and nimbleness of these scooters answer to everyday issues like traffic and parking. By choosing Pure EV, riders not only prove their trust in a better way of transportation but also become a part of the much bigger movement of sustainable living using consciousness toward the need for eco-friendly solutions and a commitment to adopt practices that shall go on to benefit the individual and the environment in its stride. Therefore, more people becoming aware of the advantages of Pure EV scooters over the traditional ones means an increase in demand. Moreover, PURE EV has also reported that their electric fleet has logged approximately a total of 1220 km to date, and 52% of their customers have driven more than 20,000km

Explore the reasons why more riders are choosing pure electric vehicles over traditional ones.

Why EV Riders Are Switching from Traditional Vehicles

Pure EV

Why Pure EV Riders Are Switching from Traditional Vehicles

S1 Pro (2nd Generation)

450X Pro (3.7 kWh)

S1 X (4kWh)

RV400

Kratos

S1 X+

S1 X (3kWh)

iQube S 3.4 kWh

V1 PRO

S1 Air EV

450X  EV - 3.7 kWh

Primus

S1 X (2kWh)

Rorr EZ 3.4 kWh

Rorr EZ 4.4 kWh

Rorr EZ 2.6 kWh

Hop Electric

OXO Prime

OXO-X

Revolt Motors EV

Revolt RV1

Revolt RV400 BRZ

Revolt Rv1 plus

Matter

AERA 5000

ecoDryft

VLF India

Tennis

Bajaj EV

3201 Standard

Blue 3201 TECPAC

Blue 3201 Special Edition

Blue 3201 Standard

Blue 3202 TECPAC

Blue 3202 Standard

BGauss EV

RUV 350 MAX

RUV 350 iEX

blue 2901 TECPAC

VIDA World EV

V1 PLUS

TVS EV

iQube 3.4 kWh

Joy e-bike

Mihos

Ampere EV

Magnus EX

Tata Motors EV

Tork Motors

Addressing the important issue of EV charging infrastructure, Anish Shah, FICCI President, has called for deploying a “one nation one app” solution by coordinated approach, CNBC-TV18 reported. Underlining the urgent requirement for a unified charging app linked to the Bharat digital stack, Shah discussed offering real-time data, location, cost and availability of charging points to consumers. "Charging infrastructure is going to be critical in the next phase of EV adoption. We need to work with the private sector and the government to bring all charging stations under one platform, making it easier for consumers to find, use, and pay for charging services," citing Shah, CNBC-TV 18 reported. Additionally, he mentioned that the Ministry of Heavy Industries and FICCI have been collaborating closely to establish a plan for charging stations along highways, optimising locations based on traffic statistics. Moreover, Shah highlighted the role of FICCI in attempts to overcome infrastructure limitations to reach the desirable EV adoption target, the report added.&nbsp; According to the report, Shah stated, "We are working on a long-term plan to set up charging points strategically across the country. This will drive investment and make the transition to electric vehicles smoother,"&nbsp; Shah also spoke about the ongoing discussion about rate cuts on the larger economic front. While acknowledging the requests for lower interest rates, he registered a concern that any action of that nature must avoid contributing to inflation. According to the report, Shah praised the efforts of the Reserve Bank of India in effectively managing inflation. However, he asserted his take for the RBI to be cautious and balanced in their approach. “Inflation is not a worry today, but it should not become one in the future," he said.”

Underlining the urgent requirement for a unified charging app linked to the Bharat digital stack, Shah discussed offering real-time data, location, cost and availability of charging points to consumers.

FICCI president calls for unified “one nation one app” for EV charging

To widen its EV market throughout India, Zypp Electric has invested in Odysse Electric, an Indian electric two-wheeler manufacturer. Under the agreement, Zypp Electric has bought 40,000 EVs, scheduled to be delivered in the upcoming 3 years The update is likely to strengthen Odysse's foothold in the B2B segment of the Indian EV market. Meanwhile, the company also plans to expand its dealership network across India by providing sustainable mobility options in personal and last-mile delivery markets throughout urban and local areas. CEO of Odysse Electric, Nemin Vora, stated, “This strategic collaboration with Zypp Electric marks a significant milestone for us. Their expertise in fleet electrification and understanding of the EV market will help accelerate our plans for nationwide growth. This partnership aligns with our vision to promote sustainable transportation and meet the increasing demand for electric vehicles.”&nbsp;&nbsp; Zypp Electric's CEO and co-founder, Akash Gupta, emphasised the company's intentions to decarbonise last-mile delivery by deploying 200,000 EVs over the next two to three years. He pointed out that as Odysse Electric exhibits a dedication to quality and the capacity to satisfy specific needs, the investment is consistent with Zypp Electric's values.&nbsp;&nbsp; Odysse Electric, Founded in 2020, offers a spectrum of seven options in electric scooters and motorcycles engineered to cater for B2B demands and personal use.&nbsp;<a href="https://evindia.online/electric-vehicle-companies/odysse" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">(To know more click here)</a>

The company also plans to expand its dealership network across India by providing sustainable mobility options in personal and last-mile delivery markets throughout urban and local areas.

Zypp Electric invests in Odysse Electric, orders 40,000 electric two-wheeler

The biggest names and technologies of the EV industry are coming together under one roof to celebrate the EV India Expo 2024 from 19th to 21st November 2024 at the India Expo Centre &amp; Mart. The much-awaited event will feature the newest developments in electric vehicles, including the most advanced electric cars, bikes, and scooters, as well as innovative charging components and technology. The expo, which is free to enter, promises to be a once-in-a-lifetime chance for corporations, legislators, and fans to see how sustainable transport is developing. In addition to fascinating panel discussions and live demonstrations, visitors can also anticipate learning more about how electric mobility is changing the world. The purpose of the EV India Expo is to promote the widespread use of electric vehicles and showcase technology advancements as India works to implement greener policies.

 The event will feature the newest developments in electric vehicles, including the most advanced electric cars, bikes, and scooters, as well as innovative charging components and technology. 

EV India Expo 2024 initiates to promote e-mobility: Here are details

The Telangana government declared on Sunday that electric vehicles (EVs) registered and purchased in the state will be completely exempt from road tax and registration fees for the first two years, till December 31, 2026. According to Transport Minister Ponnam Prabhakar, the new EV policy will take effect on Monday, November 18, in accordance with Government Order (GO) 41. The update is to eliminate pollution in Hyderabad, Prabhakar stated.&nbsp; Electric two-wheelers, four-wheelers, commercial passenger vehicles like taxis, private vehicles, electric three-seater autorickshaws, electric light goods carriers, including electric tractors, three-wheeled goods vehicles, and electric buses will all be completely exempt from road tax and registration fees, according to the GO. The exemption will be applicable to electric buses for the duration of their operation by the Telangana State Road Transport Corporation alone, as well as any industry-owned buses used exclusively for employee transportation and not for commercial purposes that are bought and registered in Telangana for the first two years until December 31, 2026, regardless of the number of vehicles registered, the statement stated.

The Telangana government declared that EVs registered and purchased in the state will be completely exempt from road tax and registration fees for the first two years,

Telangana to provide 100% exemption on road tax for EVs

Following the revelation of Enyaq and Elroq EVs to be introduced next year, Skoda is all set to unveil its affordable electric car in the Indian market by 2027.&nbsp; Skoda Auto India is planning to launch a fleet of new electric vehicles including the all-new Kylaq compact SUV which will cost Rs. 7.89 lakh (ex-showroom). The Czech automaker will start rolling out its EV offerings after the introduction of Enyaq EV and Elroq EV. The next low-cost EV is expected to arrive in India after 2027, according to media reports. Additionally, citing sources, Gaadiwaadi reported that the electric vehicle will be manufactured in Skoda's Aurangabad site and look like Kushaq's design. Moreover, to maintain competitive pricing, the low-cost EV is anticipated to be highly localised. Skoda thinks that a low sticker price is achieved by producing EVs locally. Any business that wants to start producing EVs and associated parts locally must find a market with high volume and enough sales to cover the first investment. The Enyaq and Elroq EVs will be Skoda's first foray into the Indian EV market, however, Indian markets are yet to see locally-made, reasonably-priced EVs. Both electric vehicles will be marketed in the nation through the CBU at first, but depending on demand, local assembly may be adopted later. At the 2024 Bharat Mobility Global Expo, the Enyaq made its debut in India. Conversely, the Elroq little electric SUV just debuted all over the world. The 4.1-meter-long electric vehicle will be powered by a base-level variant of the brand's born-electric MEB platform, which was created especially for EVs with front-wheel drive. There are rumours that the Czech automaker may introduce an affordable Epiq EV to India, but nothing has been verified as of yet.

Skoda Auto India is planning to launch a fleet of new electric vehicles including the all-new Kylaq compact SUV which will cost Rs. 7.89 lakh (ex-showroom).

Skoda plans to launch mass-market affordable EV in India: All you need to know

To accommodate 23 lakh EVs, Bengaluru will need more than 36,000 public EV chargers, 400 stations, and 141 acres of land; researchers have emphasised the importance of key locations. Bengaluru would need more than 36,000 public charger guns, 400 charging stations, and 141 acres of land by 2030 to meet the demands of its electric vehicles (EVs), according to a study done by the Centre for Study of Science, Technology, and Policy (CSTEP). According to the study, more Bengalureans are choosing EVs over their traditional counterparts since they are cheaper to operate and emit no exhaust emissions. By 2030, the city would have over 23 lakh EVs, according to CSTEP. However, issues with battery charging must be resolved for the switch to EVs to go more smoothly. The research also explores the impacts of establishing charging guns in the city’s Regional Transport Office (RTO) zones. Meanwhile, it pointed out about 400 possible charging places in nine RTO zones including metro stations, IT parks, fuel stations, and shopping malls. The estimated land for establishing such infrastructure is 141 acres, which is approximately the same amount of area needed for almost 700 petrol pumps. Moreover, a commercial analysis was also carried out by researchers to see whether it would be profitable for EV charging companies to install charging stations in Bengaluru city. Based on the findings, it is anticipated that the city's charger utilisation rates will range from 25% to 50% by 2030. The associated fees for different kinds of charger guns can be set at a maximum of Rs 11 to 15/kWh.

According to the study, more Bengalureans are choosing EVs over their traditional counterparts since they are cheaper to operate and emit no exhaust emissions. By 2030, the city would have over 23 lakh EVs, according to CSTEP.

Bengaluru needs 36,000 public chargers as EV users increase to 23 lakh: Study

The chargeMOD, a leading startup in electric vehicle charging solutions has announced joining hands with Hindustan Petroleum Corporation Ltd to offer EV drivers seamless access to all HPCL EV charging stations throughout the nation.&nbsp; After the update, the users will not require multiple accounts or apps and can easily locate and use charging stations set up by HPCL. Moreover, the OCPI (Open Charge Point Interface) technology has enabled users to roam across networks According to a press release, this relationship is a major turning point as chargeMOD could collaborate with a government agency to improve India's EV charging infrastructure. Additionally, chargeMOD will install nearly 100 fast chargers at specific HPCL locations, increasing the number of high-speed charging choices. In addition, these fast chargers will drastically cut down charging times and improve the efficiency and usefulness of EV driving. "We want to make EV charging quick and easy for everyone with OCPI roaming and fast charger deployment," stated M. Ramanunni, chargeMOD's co-founder and CEO. To resolve customers' range anxiety, HPCL is establishing an EV charging network throughout India. By March 2025, HPCL plans to establish 2100 fast charging stations on important highways and in urban areas, adding to its current 4000+ charging stations.

chargeMOD will install nearly 100 fast chargers at specific HPCL locations, increasing the number of high-speed charging choices. These fast chargers will drastically cut down charging times and improve the efficiency of EV driving.

chargeMOD join hands with HPCL: India to get EV charging infra boost

Dongfeng Nissan today debuted the brand-new N7 electric vehicle at the Guangzhou International Automobile Exhibition (Auto Guangzhou). The car is expected to go on sale in the first half of 2025 in the Chinese EV market, Autocar reported. The N7 is the first model to be designed using Dongfeng Nissan's innovative modular architecture, specially manufactured for electric cars. Manufactured in China, the company, with its latest offering, claims to provide a stress-free driving experience, extra comfort, and intelligent technology. The N7 EV sedan, previously previewed by the "Nissan Epoch Concept" at the Beijing Motor Show in April, is aimed at urban consumers who are interested in cutting-edge technologies. This medium-sized sedan has a sleek, futuristic appearance and reflects Nissan's recognisable V-Motion design trademark. With dimensions of 4,930 mm for length, 1,895 mm for width, and 1,487 mm for height, the N7 comes with a roomy cabin thanks to its 2,915 mm wheelbase. Moreover, the exterior is complemented by an impressive interior design equipped with a Qualcomm Snapdragon 8295P processor-powered Infotainment system.&nbsp; "Navigate on Autopilot," an advanced technology often seen in cars like Tesla will now be available in the N7. This was made possible with the collaboration of Dongfeng Nissan with Momenta, a leading Chinese company in autonomous driving technology. To satisfy the high expectations of customers in China, Nissan's superior manufacturing is combined with vehicle intelligence technologies from reputable local partners to create the N7 in China, the report added.&nbsp; Further, the report said, as part of Nissan's midterm strategy, The Arc, the new N7 sedan is the first entirely new, all-electric model to be introduced in China. With this initiative, Nissan hopes to accelerate China's new energy vehicle development and exports.

"Navigate on Autopilot," an advanced technology often seen in cars like Tesla will now be available in the N7. This was made possible with the collaboration of Dongfeng Nissan with Momenta.

Dongfeng Nissan unveils all-new N7 EV sedan with "Navigate on Autopilot" feature

The Union Government on Wednesday unveiled a new electric vehicle subsidy scheme– PM E-drive. The scheme worth ₹10,900 crore marks the third phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) that has already benefited about 1.6 million electric vehicle purchases since 2015. The new policy aims to increase the use of electric buses while abolishing subsidies for electric and hybrid cars. The PM E-Drive initiative would provide demand incentives for the deployment of 14,028 electric buses, which will be aggregated throughout nine major cities by Convergence Energy Solutions Ltd (CESL), a state-run business. Public transport buses receive a ₹10,000 subsidy per kwh of battery capacity, totalling ₹4,391 crores. Moreover, the newly launched scheme will also emphasize to establish an extensive charging infrastructure. In addition to the electric buses, the government is planning to subsidize 316,000 electric three-wheelers and 2.48 million electric two-wheelers with a budget of ₹2,679 crore. Additionally, the government has allocated ₹500 crore for electric trucks and hybrid ambulances to promote EV use in essential service sectors and commercial vehicles for the first time. “For ambulances, we are going to give incentives to hybrids because we need total reliability in the vehicles,” Citing Ashwani Vaishnav, Union Minister for Information and Broadcasting at a Cabinet briefing, livemint reported. For trucks, the policy would only provide incentives to individuals who hold a scrapping certificate from a road ministry-approved vehicle scrapping centre.

Under the scheme, the government has allocated ₹500 crore for electric trucks and hybrid ambulances to promote EV use in essential service sectors and commercial vehicles for the first time.

GOI unveils ₹10,900cr EV subsidy scheme

GOI unveils ₹10,900cr EV subsidy scheme: No more subsidies on electric and hybrid cars

Centre is currently not considering any recommendations to increase the subsidy per electric vehicle (EV) because EV sales are not slowing down, Union Minister for Heavy Industries HD Kumaraswamy told the Parliament on Friday during question hour. Additionally, Kumaraswamy stated that there are no immediate plans to change the criteria of the automobile industry's production-linked incentive (PLI) scheme. The minister further informed the Parliament that as of July 31, 2024, claims for 16,71,606 EVs totalling ₹6,825 crore had been filed by the OEMs under the second phase of the FAME India Scheme for repayment of subsidies. Additionally, under the FAME-II Scheme, 6862 electric buses were approved for intra-city operations by various cities, STUs, and State Government organisations. As of July 31, 2024, 4,853 e-buses from a total of 6,862 have been delivered, Kumaraswamy said. The interim electric vehicle program the Electric Mobility Promotion Scheme (EMPS) was recently extended for an additional two months by the Ministry of Heavy Industries. The EMPS was introduced on April 1, 2024, with ₹500 crore budget to absorb the shock created by the conclusion of the FAME-2 subsidy. Since the FAME II scheme expired in March and the new FAME scheme could not be unveiled until after the elections, the EMPS was originally only supposed to last for four months. With a ₹10,000 crore budget, the government has created a draft plan for FAME III; however, reports indicate that the scheme's finalisation may take longer, CNBC TV 18 reported

MHI: Centre has no immediate plans to change the criteria of the production-linked incentive (PLI) scheme or increase the subsidy on EVs.

No increase in EV subsidy as EV sales continue to grow

No increase in EV subsidy as EV sales continue to grow: MHI to parliament

The Bajaj Chetak electric scooter on Monday announced that the company has crossed the 2 lakh-unit sales mark, with 16,691 units sold in June 2024, making it the company’s biggest monthly sales.&nbsp; Demand didn't really take off until FY2024, despite poor sales up to March 2023. The COVID-19 pandemic was one of the reasons for this slowdown. The globe and the automobile industry came to a complete stop two months before the Chetak was introduced.&nbsp; Initially, the scooter was only available in Pune and Bengaluru and was offered through KTM showrooms.&nbsp; As a result, the company recorded very little sales as expected. Only 1,587 units were sold in the first fifteen months. However, Chetak sales numbers increased to 31,485 units in the previous fiscal year, despite FY2022 seeing total sales of 8,187 units. Bajaj Auto completely redesigned the Chetak lineup with the introduction of two new versions including the entry-level 2901 (Rs 95,998) and the mid-tier Urbane (Rs 1.23 lakh) in addition to the updated range-topping Premium model (Rs 1.47 lakh). In terms of retail, Ola Electric continues to control the market by a wide margin despite not being listed among SIAM member businesses. According to SIAM wholesales data, Bajaj Chetak sold 1,15,627 units in FY2024 taking a lead by 7,733 than Ather Energy (1,07,894 units). Meanwhile, the company fell short by&nbsp;74,269 sales to overcome TVS Motor Co (1,89,896 units). Sales of 40,854 Chetaks during the first quarter of FY2025 have been good for Bajaj Auto which shows an increase of 96% year over year (April–June 2023: 20,834 units). The present difference with the TVS iQube (Q1 FY2025: 49,164 units) is just 8,310 units.

According to SIAM wholesales data, Bajaj Chetak sold 1,15,627 units in FY2024 taking a lead by 7,733 than Ather Energy (1,07,894 units).

Bajaj Chetak achieves 2 lakh EV sales milestone

16,691 electric scooters sold: Bajaj Chetak achieves 2 lakh EV sales milestone

As pricing competition in the biggest car market in the world heats up, Chinese <a href="http://www.evindia.online" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric vehicle</a> startup WM Motor has applied for bankruptcy, signalling the end of a prospective leader among China's EV manufacturers. According to a file made on the National Business Bankruptcy Information disclosure website on Monday, the bankruptcy case is being handled by a court in Shanghai. In September, the ailing EV manufacturer and U.S.-listed used vehicle reseller Kaixin Auto Holdings announced a non-binding acquisition term sheet. The transaction took place after WM Motor's attempt to list via a backdoor reverse takeover with Hong Kong-listed Apollo Future Mobility failed. After two earlier unsuccessful attempts by WM Motor to pursue a listing in Shanghai's STAR Market and Hong Kong, the failed bid was considered a survival tactic. WM Motor was one of the burgeoning Chinese EV companies, along with Nio, Li Auto, and XPeng, when it was founded in 2015 by recognised auto industry veteran Freeman Shen. Baidu, a major player in Chinese technology, and Shanghai's state-owned asset regulator were among its sponsors. However, the Shanghai-based firm was having a difficult time turning a profit in the capital-intensive car industry. According to WM Motor's stock prospectus published in June 2022 for a proposed Hong Kong IPO, the company's yearly losses increased to 8.2 billion yuan ($1.13 billion) over the three years leading up to 2021.

WM Motor was one of the burgeoning Chinese EV companies, along with Nio, Li Auto, and XPeng, when it was founded in 2015 by recognised auto industry veteran Freeman Shen. Baidu, a major player in Chinese technology.

WM Motorfiles for bankruptcy

WM Motor China-based EV startup files for bankruptcy

Today, the <a href="https://evindia.online/company/tvs" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">TVS Motor</a> firm announces the beginning of India's first-ever <a href="https://evindia.online/vehicles?type=5" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">electric two-wheeler</a> racing championship, marking a historic moment in the company's commitment to sustainable transportation solutions. As the first Indian manufacturer to enter the world of <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EV</a> moto racing, this innovative project marks a significant advancement in motorsports. It underscores TVS Motor Company's dedication to sustainable transportation solutions. TVS Motor Company has made a daring move with the launch of the TVS Racing Electric One Make Championship (e-OMC), an exclusive format for racing on the electric TVS Apache RTE race bikes that have been designed exclusively for the championship. This decision coincides with an increasing rise in the usage of EVs internationally.&nbsp; TVS Motor has been a racing champion ever since we established India's first factory racing team, according to Mr Sudarshan Venu, managing director of TVS Motor Company. “The nation's racing enthusiasts now have access to and aspirational goals thanks in large part to TVS Racing. Thanks to the numerous technologies we developed in our racing machines and incorporated into our production cars, the "track to road" approach has taken shape.” “We are excited to announce the start of India's first-ever <a href="https://evindia.online/bike" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">EV two-bike </a> racing, in keeping with our objective of offering innovative and sustainable transportation solutions.” &nbsp;In addition to breaking new ground in the racing industry, TVS Racing e-OMC will show how electric vehicles can give exhilarating racing experiences to audiences across the globe. "TVS Racing feels great pride in being the propagators of offering a stage for racers to hone and display their skills while pursuing their passion for racing," stated Vimal Sumbly, Head Business - Premium, TVS Motor Company. Whether introducing the TVS OMC in India in 1994, extending it to include women's and rookie classes, being the first Indian manufacturer to enter the Asia One Make Championship or participating in the Dakar Rally, we have been the leaders in the category. We significantly advance toward reinventing the future of racing with the TVS Racing e-OMC. Key highlights of the championship: ﻿The fourth round of the Indian National Motorcycle Roadracing Championships (INMRC) will mark the start of the competition. Eight riders, who reportedly were hand-picked, are slated to compete in the championship's opening round. Riders will be using TVS Apache RTE race bikes that were created specifically for this competition. The electric vehicle racing in India will be measured against the TVS Apache RTE race motorcycles. This machine's primary innovations include a liquid-cooled motor with a high-efficiency liquid-cooled motor controller that has the highest power-to-weight ratio in its class. A high-power cell battery pack with cutting-edge chemistry and a carbon fibre battery enclosure that serves as a stressed element of the chassis are also included in the 2W EV's equipment list. The ride's unique selling point will be its sophisticated battery management system, which was created specifically for racing and has race-specific algorithms for several advanced configuration settings and high levels of safety. Through sprockets and roller chains, the motor spindle is linked to the back wheel in single reduction. Brembo brakes with a 320mm front disc, callipers, master cylinder, custom front and rear suspension from Ohlins, Pirelli Super Corsa tyres, a carbon fibre fairing with the lowest drag possible, and a TVS touch will be seen on the EV.

The fourth round of the Indian National Motorcycle Roadracing Championships (INMRC) will mark the start of the competition. Eight riders, who reportedly were hand-picked, are slated to compete in the championship's opening round. 

First-ever 2W EV race in India

First-ever 2W EV race in India: TVS all set to establish new benchmark

<a href="https://evindia.online/scooter" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">Two-wheeler</a> manufacturer TVS, located in Chennai, saw a surge of 52.8% in the first quarter, translating to an annual growth rate of 15.5% as compared to 13.4 million units in the previous fiscal, stated Dieter Speth, Chairman, TVS Motors, during the 31st Annual General Meeting. He underlined the expanding<a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);"> EV</a> two-wheeler market further and declared that TVS will be increasing its investment in the sector. Additionally, he guarantees that the company will develop appealing top items in each area for its clients.&nbsp; "The EV-two-wheeler sector had significant growth last year. Sales totalled 0.71 million (7.18 lakh units), which is an increase of over two times over FY22. The enticing "Total Cost of Ownership," digital-first technological propositions, the FAME II and PLI assistance from the federal government, paired with state-specific support that what EVs provide are driving the increased consumer interest, according to him. "If customers think about paying more for fuel Prices make EVs even more appealing. As Electric transportation is gaining popularity in India and other nations will be prompted by interruptions and changes in the structure of the automobile sector. You can go through It all over the place," he continued. The company's most recent electric two-wheeler, the <a href="https://evindia.online/product/tvs-iqube" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">TVS iQube</a>, which was unveiled in January 2020, has attracted a lot of interest for the name. The scooter is one of the segment's most stylish, cost-effective, and practical alternatives. "iQube is the market's top-performing product. Customers are drawn in by the appealing mix of high energy efficiency, cutting-edge technology, beautiful design, and the well-known TVS quality and dependability, he added.

The company's most recent electric two-wheeler, the TVS iQube, which was unveiled in January 2020, has attracted a lot of interest for the name. The scooter is one of the segment's most stylish, cost-effective, and practical alternatives.

TVS plans to increase investment in EV industry

TVS plans to increase investment in EV industry, more products soon to be launch

On Monday, integrated battery recycling and repurposing solutions provider <a href="https://lohum.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Lohum</a> announced a partnership with <a href="https://www.mgmotor.co.in/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">MG Motor India</a> to create aftermarket options for the <a href="www.evindia.online" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">EV</a> batteries used in the automaker's vehicles. As part of the partnership, Lohum will create a 2nd-life Battery Energy Storage System (BESS) using MG electric car end-of-first-life batteries for a variety of sustainable energy applications in domestic urban and rural markets. An entirely off-grid 5 kWh battery energy storage device was also launched as part of the partnership to provide an ongoing power supply even in areas with erratic grid infrastructure. In addition to the recently introduced tiny <a href="https://evindia.online/vehicles?type=3" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">electric car</a> Comet EV, MG Motor India presently distributes the ZS EV in the Indian market. In around three years, MG Motor will deploy more than 1 GW of batteries in the market through its vehicles. According to Rajat Verma, founder and CEO of Lohum, the business has already used the batteries in close to 100-MW of power deployment, and this is anticipated to increase over the next three years. In order to maximise the potential of cells before recycling, Lohum claimed its unique repurposing technique would be employed. Healthy cells with a high Remaining Useful Life (RUL) will be used to create sustainable second-life BESS for a broad range of clean energy applications. The market for recycling lithium-ion batteries is anticipated to reach $10 billion in the next five to seven years, according to Verma. Rajeev Chaba, CEO Emeritus of MG Motor India said, "With their numerous applications, low cost, and undeniable support for local communities, battery energy storage solutions hold immense potential to revolutionise India's energy landscape."

Healthy cells with a high Remaining Useful Life (RUL) will be used to create sustainable second-life BESS for a broad range of clean energy applications.

Lohum will create 2nd-life battery using MG EV's end-of-first-life batteries

MG Motor India and Lohum collaborate on repurposed EV battery technology

The future of <a href="https://evindia.online/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Electric vehicles</a> (EV) seems promising, but concerns like underdeveloped charging infrastructure and high ownership costs have persisted. Further, Ev fires have also raised doubts in the next-generation automobile industry. The absence of well-known brands like <a href="https://www.honda2wheelersindia.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Honda</a>, <a href="https://www.heromotocorp.com/en-in.html" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Hero MotoCorp</a>, <a href="https://www.yamaha-motor-india.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Yamaha</a>, <a href="https://www.suzukimotorcycle.co.in/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Suzuki</a>, and <a href="https://www.royalenfield.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Royal Enfield</a> is another limiting element. If leading brands release their individual products, EV sales may increase significantly. Currently, only two well-known manufacturers—<a href="https://evindia.online/company/tvs" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">TVS</a> and <a href="https://evindia.online/company/bajaj" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(0, 0, 0);">Bajaj</a>—offer electronic two-wheelers. The debut of the Honda Electric Scooter in April 2023: Atomic Electric Honda Motorcycle and Scooter India (HMSI) has declared that it will begin operations in this country in April 2023 with an electric scooter.&nbsp; It's unclear at this time whether this will be the eagerly anticipated Activa electrified or something else. The 29th of March will bring forth more information. It is important to note that Honda already offers a variety of electronic two-wheelers for sale in other countries.&nbsp; Additionally, the business will introduce flex-fuel two-wheelers in foreign markets. Some of these flex-fuel and electric cars may also be made available in India. One of the appealing options for the Indian market is an electric version of the best-selling Activa. Honda has ambitious plans for the EV market, but Ogata stated that the company's main emphasis will remain on petrol-powered two-wheelers. It makes sense, given the size of the ICE-based two-wheeler industry, which will continue to grow for a while. A complete switch to EVs will require modifications to the entire production ecosystem and supply chain, which will take time to implement. Another limiting element is consumer psychology, as people are typically reluctant to accept new things.&nbsp; With the development of more sophisticated, cost-effective, and long-lasting batteries, things are anticipated to get better for EVs in the future. There are several novel battery technologies being examined right now. Issues like range anxiety, expensive batteries, EV fires, etc., will be resolved in the event of a significant advance.

The future of Electric vehicles (EV) seems promising, but concerns like underdeveloped charging infrastructure and high ownership costs have persisted. Further, Ev fires have also raised doubts in the next-generation automobile industry.

Amid the energy shifting pattern, Honda announces its debut in the Indian EV industry.

Shubham

Roadster Pro 16

Roadster Pro 8

Roadster X 2.5

Roadster 3.5

Roadster X 4.5

Roadster X 3.5

Roadster 4.5

Roadster 6.0

VIDA Z

Explore the expansive Electric Vehicle marketplace at EVINDIA, where we provide comprehensive information on electric vehicles to help you make informed choices

Home

Companies

Compare

Blogs

News

Saved vehicles

Contact Us

Home

Companies

Compare

Blogs

News

Saved vehicles

Contact Us

Electric Vehicles in India

Popular Electric Vehicles

Vida V1 PLUS

Ola S1 X (2kWh)

TVS iQube 3.4 kWh

Vida V1 PRO

Ola S1 Pro (2nd Generation)

TVS iQube S 3.4 kWh

Ola S1 Air EV

Joy e-bike Mihos

Home

E- Vehicles

Companies

Compare

Blogs

News

Saved vehicles

Contact Us

E- Vehicles

Electric Vehicles in India

Popular Electric Vehicles

Vida V1 PLUS

Ola S1 X (2kWh)

TVS iQube 3.4 kWh

Vida V1 PRO

Ola S1 Pro (2nd Generation)

TVS iQube S 3.4 kWh

Ola S1 Air EV

Joy e-bike Mihos