News

Bijliride has achieved an Annual Recurring Revenue of INR 45.6 crore, driven by a franchise-based model that enhances market expansion and local partnerships. With a 30 percent EBITDA margin and over 6,000 electric vehicles, the company's strategy focuses on operational efficiency and fostering local entrepreneurs in India's electric mobility sector.

Ather Energy Limited, one of India’s leading electric two-wheeler manufacturers, and Pune Municipal Corporation (PMC) have signed a Memorandum of Understanding (MoU) to use...

Yulu has launched electric vehicle delivery services in Nashik, Maharashtra, partnering with Approach Auto Mobility to enhance its e-MaaS platform. This second Maharashtra operation aims to reduce reliance on petrol two-wheelers, offering delivery partners increased earnings through lower costs. Yulu now operates in 13 cities, focusing on tier-2 and tier-3 EV adoption.

Spiro, an electric mobility company, is launching the Ekon 450 M1 V3 electric motorcycle in Ghana, introducing a battery-swapping solution to enhance affordability for commercial riders. This initiative aims to reduce operating costs and charging challenges while supporting sustainable transportation. Spiro plans to expand into 20 African markets, leveraging recent funding.

The Manila Electric Company (Meralco) supplies electricity to over 2,000 EV charging points in the Philippines, supporting the growth of electric mobility and infrastructure. As a major utility, it aims to electrify 25% of its fleet by 2030 and expand services through its subsidiary, Movem Electric, enhancing access to sustainable transportation solutions.

Amazon and Tata Motors will deploy 3,000 electric trucks across India to reduce freight emissions and expand electric mobility. The initiative starts in Delhi this festive season, aiming to support logistics operations. This collaboration aligns with Amazon's goal for net-zero carbon emissions by 2040, enhancing sustainable transportation in India.

BikeWo Green Tech Limited has partnered with Green Drive Mobility to enhance electric logistics in India, targeting a fleet of 5,000 electric trucks. This collaboration focuses on deploying electric vehicles across various logistics segments and combines both companies’ strengths to create a sustainable electric transportation ecosystem. BikeWo plans to invest up to ₹150 crore to support this initiative.

Blue Energy Motors has launched Bhiwandi’s first battery-swapping station designed specifically for electric heavy-duty trucks, in collaboration with Hindustan Petroleum Corporation Limited (HPCL). The...

ACMobility held a 45% market share of fixed EV charging locations in the Philippines by June 2026, operating 222 hubs and 542 charge points nationwide. The company aims to enhance EV adoption through convenient infrastructure and the Evro app for easy charging access. Their initiatives include partnerships for a nationwide electric mobility campaign, promoting sustainability.

Indian electric two-wheeler manufacturer Ultraviolette has introduced its new VX-100 platform and launched the X-47 Venom, the first electric motorcycle built on its next-generation...