Week In India: Speedways Electric Unveils Royale, A Low-Speed Electric Vehicle Tailored For The Hospitality Sector; BYD India Collaborates With OHM E Logistics To Supply 300 All-New e6 Electric Passenger Vehicles; And More


Speedways Electric Unveils Royale, a Low-Speed Electric Vehicle Tailored for the Hospitality Sector

Speedways Electric, a leading name in electric vehicle technology, proudly unveils Royale– a cutting-edge Low-Speed Electric Vehicle (LSEV) poised to transform the hospitality industry. With its vintage-inspired design, Royale offers a blend of innovation, luxury, and environmental consciousness, making it an unparalleled choice for businesses and enthusiasts alike. Royale stands out for its customizable features, allowing clients to tailor the vehicle according to their specific needs. The vehicle’s patent underscores Speedways Electric’s commitment to originality and distinctive offerings. The in-house design team ensures each Royale is a unique masterpiece, reflecting the client’s vision.

BYD India Collaborates with OHM E Logistics to Supply 300 All-New e6 Electric Passenger Vehicles

BYD India, a subsidiary of the world’s leading New Energy Vehicles (NEV) manufacturer, has joined forces with OHM E Logistics, a prominent electric cab aggregator, cargo leasing App platform, and fleet management business. Together, they are embarking on a mission to introduce 300 All-New e6 electric passenger vehicles throughout India within the next six months. This collaboration signifies a significant leap towards eco-friendly transportation in key regions of the country. In the upcoming six months, BYD India is committed to delivering 300 state-of-the-art BYD All-New e6 vehicles to OHM E Logistics, underscoring their dedication to sustainable mobility and a reduced carbon footprint in urban areas.

Bridgestone Collaborate With Tata Power To Expand EV Charging Network In India

Bridgestone India and Tata Power have joined forces to facilitate electric vehicle (EV) charging across Bridgestone dealerships nationwide. These EV chargers will operate around the clock, catering to four-wheelers. Tata Power is overseeing the installation of DC fast chargers with a capacity of 25/30 Kwh, capable of charging a four-wheeler within an hour. This initiative’s first charging station was inaugurated at Bridgestone’s Select Store Super Tyres in Shirur, on the Pune – Ahmednagar road. It is open to all four-wheeler EVs. This collaboration between Bridgestone and Tata Power contributes to India’s ambitions for a comprehensive EV charging station network, designed to encourage higher EV adoption.

Tata Power Partners with Tollygunge Club to Promote Eco-Friendly Transportation in Kolkata

In a significant move towards promoting sustainable transportation, Tata Power, one of India’s leading integrated power companies and a prominent EV charging solutions provider, has joined forces with the renowned Tollygunge Club in Kolkata. This strategic partnership aims to strengthen the city’s electric vehicle (EV) charging infrastructure and contribute to the green mobility revolution. The collaboration marked a milestone with the inauguration of a 7.4 kW AC Type 2 charger at the Tollygunge Club premises. The event, graced by the esteemed presence of Mr. Sujoy Banerjee, President of Tollygunge Club, and Brig. V Ganapathy (Retd), CEO of Tollygunge Club, highlighted Tata Power’s commitment to advancing EV adoption in Kolkata.

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Altigreen Partners With MathWorks To Accelerate Electric Three-Wheeler Development

Altigreen, the electric three-wheeler manufacturer, has announced its partnership with MathWorks, a developer of mathematical computing software, to accelerate the development of Altigreen’s flagship electric three-wheelers, known as the NEEV. These electric three-wheelers are designed and priced to make them accessible to small business owners, independent drivers, and fleet operators in India. Amitabh Saran, the Founder and CEO of Altigreen, emphasized the company’s commitment to providing eco-friendly and cost-effective mobility solutions. He highlighted that using MATLAB and Simulink allowed their teams to rapidly test and enhance design ideas. Altigreen’s proactive investment in simulation and clean technologies, such as electric powertrains, has enabled them to reduce emissions, and noise, and create electric three-wheelers that outperform their fossil fuel counterparts in terms of torque, power, and range.

Bolt.Earth Secures $20 Million Funding To Expand EV Charging Network And Software

Bolt.Earth, India’s prominent EV infrastructure and software company, is pleased to announce the successful conclusion of its funding round, securing a significant $20 million in investment. This milestone funding round was led by a consortium of both longstanding and new investors, including notable names like Union Square Ventures, Prime Venture Partners, ITIGO Funds, and others who share Bolt.Earth’s vision for a sustainable and electrified transportation ecosystem. Bolt.Earth has recently achieved a remarkable milestone by deploying over 30,000 EV charging points within its network. The company offers a wide range of charging options, from slow to fast charging, with power outputs from 3.3 kW to 240 kW.

Montra Electric Partners With Telangana Grameena Bank To Offer Enhanced Vehicle Financing

Montra Electric, part of the Murugappa Group and a prominent electric vehicle brand, has entered into a Memorandum of Understanding (MoU) with Telangana Grameena Bank (TGB), a regional rural bank affiliated with the State Bank of India (SBI). This strategic partnership aims to facilitate vehicle financing for Montra Electric customers, offering them more accessible loans with lower interest rates and extended repayment terms for the Montra Electric Super Auto. Under this collaboration, TGB will provide comprehensive financial solutions to Montra Electric’s customers. Sushant Jena, Head of Montra Electric’s 3W Division, emphasized the importance of this partnership in enabling dealers to access tailored financing solutions that align with India’s growing focus on sustainable and eco-friendly mobility.

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Magenta Mobility And Tata Motors Partner To Electrify Intra-City Deliveries With Ace EVs

Homegrown electric vehicle (EV) charging and mobility solutions firm, Magenta Mobility, has entered into a partnership with Tata Motors to deploy 500 units of the Ace EV for intra-city deliveries. The introduction of the Ace EV into their fleet signifies Magenta Mobility’s commitment to electrifying previously unexplored segments in the last-mile and mid-mile delivery sector. Maxson Lewis, the Founder and Managing Director of Magenta Mobility, emphasized the importance of this partnership by saying, “Through this collaboration, we will collaborate closely with Tata Motors to explore fresh opportunities for electrification, hastening the adoption of electric vehicles in urban delivery services. Our joint objective with Tata Motors is to promote sustainability in intra-city logistics in India, thereby diminishing the environmental impact in the final stages of short-distance and mid-distance freight transport.”

Snap-E Cabs’ Green Fleet Expansion: New Partnerships And 600 Eco-Friendly Cabs In Kolkata

Snap-E Cabs, the app-based electric vehicle fleet, has unveiled strategic partnerships with Mufin Green Finance, Mahindra & Mahindra Finance, ICICI, and HDFC Finance in a move to bolster its eco-friendly cab fleet in Kolkata. As part of Snap-E Cabs’ growth strategy for FY ’24, which includes venturing into new markets like Bhubaneswar and Raipur, the company is set to double its fleet size. Under the collaboration with Mufin Green Finance, Snap-E Cab will add 100 Tata Tigor cars to its fleet on a 5-year lease. These vehicles will serve as cabs in Kolkata, increasing the Snap-E Cab fleet from 400 to 600.

TORK Motors and Bolt.Earth Collaborate to Enhance Customer Access to Charging Infrastructure

In a significant development, TORK Motors, the pioneering electric motorcycle manufacturer in India, has teamed up with Bolt.Earth, the country’s leading EV software and charging infrastructure provider. This strategic alliance aims to enhance accessibility to charging points for TORK Motors’ customers. As part of this collaboration, existing TORK Motors customers will gain access to Bolt.Earth’s extensive network comprising over 30,000 charging points. The partnership focuses on offering TORK customers the flexibility to locate charging stations conveniently, catering to their individual preferences. Bolt.Earth, operating across 1100+ cities in India, will extend its network to TORK Kratos R riders nationwide.

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e-Sprinto, India’s Leading Electric Two-Wheeler Brand, Expects a Spectacular 100% Surge in Festive Season Bookings

In a bold move reflective of its soaring popularity, e-Sprinto, recognized as India’s fastest-growing electric two-wheeler brand, is gearing up for an electrifying festive season. The company has set ambitious goals, eyeing a remarkable 100% increase in bookings compared to its current delivery percentage. Anticipating a surge in demand, e-Sprinto aims to secure 1000 bookings during this festive season, a testament to the strong confidence customers have in their innovative product line. Renowned for their commitment to innovation and sustainable mobility solutions, e-Sprinto boasts a diverse product portfolio, including the highly sought-after e-Sprinto and e-Sprinto BB low-speed EVs, as well as the high-speed Sprinto HS and Amery models.

Montra Electric and Ecofy Forge Partnership to Transform Electric Vehicle Financing for Three-Wheelers in India

In a significant move towards promoting eco-friendly transportation solutions in India, Montra Electric, the distinguished electric vehicle brand under the renowned 123-year-old Murugappa Group, has teamed up with Ecofy, India’s leading green-only Non-Banking Financial Company (NBFC). This strategic alliance aims to provide accessible financing options for electric three-wheelers, addressing a crucial need in the market. Ecofy, dedicated to bridging the climate finance gap in the Indian retail sector, will extend financial support to both cargo and passenger electric three-wheelers.

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