Motovolt Mobility Partners with FuturElectra to Deploy 2,000 Electric Scooters in India
Motovolt Mobility, an e-mobility brand in India, has teamed up with FuturElectra to roll out 2,000 of its flagship M7 electric scooters. This collaboration marks a significant stride in advancing sustainable transportation solutions across India. The partnership underscores a joint endeavor to promote the widespread adoption of electric vehicles (EVs) for various delivery needs, ushering in a more sustainable future for urban mobility and last-mile logistics. The M7 electric scooter, renowned for its robust features, is poised to revolutionize last-mile deliveries, ensuring efficiency while prioritizing eco-friendliness. The M7 electric scooter boasts unparalleled range, reliability, and innovative features, offering an impressive range of up to 166 km on a single charge. Equipped with a lithium iron phosphate (LFP) Cell Chemistry and an IP67 certified battery, the M7 comes with an enticing warranty, ensuring user peace of mind.
ZEVO and Zen Mobility Partner to Revolutionize Last-Mile Deliveries in India
In a groundbreaking move set to transform last-mile delivery operations in India, ZEVO, a tech-enabled EV mobility platform, has announced a strategic partnership with Zen Mobility, a prominent Indian electric vehicle OEM. The collaboration aims to enhance delivery efficiency and reliability, particularly for services like Zomato and Swiggy, by deploying Zen Mobility’s innovative electric vehicles. Zen Mobility has developed the Zen Micro Pod, a specialized vehicle designed to navigate India’s congested urban roads. The vehicle boasts a 150kg payload capacity and a range of over 120 kilometers per charge, coupled with a customized box for efficient navigation and timely deliveries. This innovative design is set to significantly boost delivery operations.
ZELIO Ebikes Unveils Advanced Manufacturing Facility in Hisar, Haryana
ZELIO Ebikes, a prominent startup in the electric vehicle two-wheeler market, has opened a new manufacturing facility in Ladwa, Hisar, Haryana. This plant, equipped with advanced infrastructure, has an annual production capacity of 72,000 vehicles per shift. The launch marks a significant step forward in ZELIO Ebikes’ dedication to promoting sustainable transportation solutions in India. Spanning 6 acres, with 3 acres under roof, the new plant represents a significant financial investment of 50 to 100 crores. This facility will boost ZELIO Ebikes’ production capabilities and create substantial employment opportunities.
Tata Motors Joins Forces with Bajaj Finance to Boost Dealer Financing Options
In a strategic move to enhance financing options and streamline the operations for its dealers, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) have partnered with Bajaj Finance Ltd., a subsidiary of Bajaj Finserv Ltd. This collaboration is set to extend supply chain finance solutions to dealers of both passenger and electric vehicles under Tata Motors. The memorandum of understanding (MoU) for this initiative was signed by Mr. Dhiman Gupta, Chief Financial Officer of Tata Passenger Electric Mobility Ltd. and Director of Tata Motors Passenger Vehicles Ltd., and Mr. Siddhartha Bhatt, Chief Business Officer of Bajaj Finance Ltd. Tata Motors continues to lead the Indian automotive market with its innovative offerings in both internal combustion engine (ICE) and electric vehicle (EV) segments. The company’s New Forever philosophy has been instrumental in bringing segment-leading products to the market, which have garnered widespread consumer appreciation.
BEENEXT Leads $2 Million Pre-Seed Investment in ProsParity to Transform Electric Vehicle Financing in India
ProsParity, a fintech platform revolutionizing credit distribution in the electric mobility sector, has secured $2 million in pre-seed funding from a consortium of global institutional investors, including BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. Notable angel investors such as Dr. Ashish Gupta (Co-founder of Junglee & Helion Ventures), Raj Dugar (Formerly Eight Roads Ventures), Dhyanesh Shah (Co-founder of Mosaic Wellness), Abhishek Goyal (Co-founder of Tracxn), and Nitin Kaushal (Co-founder of Country Delight) have also joined this funding round. The raised funds will be allocated towards developing proof of concept, enhancing technology infrastructure, and expanding origination networks, with an initial focus on Central India.
Mahindra & Mahindra Launches New AX5 Select Variant for XUV700, Offering Luxury Features at Affordable Price
Mahindra & Mahindra Ltd., a leading SUV manufacturer in India, has unveiled the new AX5 Select (AX5 S) variant for the XUV700, with prices starting at ₹16.89 Lakh (ex-showroom). This launch aims to democratize luxury by providing premium features at a competitive price point, making luxury vehicles more accessible to a wider audience. The AX5 Select variant boasts a range of impressive features, including a Skyroof, Dual 26.03cm HD Superscreen, Push-Button Start/Stop, and a spacious 7-seater configuration. These features, typically found in higher-end models, position the AX5 Select as an attractive option for customers seeking luxury without breaking the bank.
BYD India Surpasses 1,000 Bookings for BYD SEAL Luxury Electric Sedan, Marks Significant Milestone in EV Market Expansion
BYD India, a subsidiary of the prominent New Energy Vehicles (NEV) manufacturer, has achieved a significant milestone with over 1,000 bookings for its BYD SEAL luxury sport sedan in India. This accomplishment, attained just over two months after the car’s launch, underscores the strong demand for BYD’s advanced electric vehicles in the country. The surge in bookings reflects a growing interest in technologically advanced, high-performance, and competitively priced luxury electric vehicles (EVs). The BYD SEAL has garnered attention from Indian consumers due to its impressive performance and attractive pricing.
GT Force to Launch Advanced Electric Motorcycle Targeted at Urban and Rural Riders
GT Force, a pioneer in electric two-wheeler manufacturing, is set to launch its highly anticipated electric motorcycle within a month. The new model, designed for both urban and rural riders, promises to elevate industry standards with advanced safety features, exceptional performance, and reliability.
Key Features:
- Top Speed: 70 KMPH
- Range: 120-130 KM on a single charge
The motorcycle will be available at authorized GT Force dealerships and showrooms nationwide. Pricing details will be revealed on the launch day, heightening anticipation for this groundbreaking release.
Elevating Urban Commuting: Jitendra EV Launches PRIMO S And PRIMO PLUS E-Scooters
Jitendra EV has introduced fresh editions of its PRIMO electric scooter series, namely the PRIMO S and PRIMO PLUS. Priced from INR 79,999 (excluding showroom charges), both models boast an array of advanced features. These include a detachable battery, IP67-rated battery protection with intelligent Battery Management System (BMS), a digital dashboard with a fault diagnosis indicator, a smart instrument cluster, range prediction functionality, USB mobile charging, LED lights, a side stand sensor, thermal propagation alert, and reverse assistance. These scooters offer impressive ranges of 82 and 137 kilometers per charge (KMPC), making them highly efficient choices in the realm of eco-friendly transportation. Both variants can achieve speeds of up to 52 kmph.
