EV Magazine April '23 PDF Free Download
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April '23
EV
Magazine
All India
EV
Educate | Aware | Promote
EV Milestone
New Product Launched
Leader's Thought
Joint Ventures & Partnerships
Funding & Investments
Other EV Updates
All India EV
EV Update Inside
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Milestones
Log9 Materials Inaugurates India’s First Commercial Cell
Manufacturing Facility in Jakkur, near Bengaluru. The new
battery factory will be able to produce up to 50-megawatt
hours of batteries per year, enough to power about 8000
electric three-wheeler vehicles.
The XUV400, Mahindra & Mahindra’s (M&M) first electric
SUV, has reached a critical environmental milestone early
in its journey. The all-new e-SUV is manufactured in Nashik,
Maharashtra, in a 100% water-positive plant that uses
only renewable energy.
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New Product Launch
One Electric Launches ‘KRIDN XR’ Electric Two-Wheeler
Tata Motors Launches Nexon EV MAX #DARK
Elesco Launches Two Affordable And Stylish Electric Scooters V1 and V2
Lohia Launches Narain Electric 3-Wheeler Limited Edition
A heavy-duty chassis, 55 kmph top speed and 100 km range
per charged are essential requirements for the last mile
market. Hub motors with 10 or 12 inches wheels are the most
economical and provide a good range.
The new Nexon EV MAX #DARK, an expansion of the #DARK line,
will be offered in two trims: XZ+ LUX (priced at Rs 19.04 lakh) and
XZ+ LUX with a 7.2 kW AC fast charger for clients across the nation
(priced at Rs 19.54 lakh).
The Elesco V1 and V2 have three operating modes: Eco, City,
and Sports. Both variants contain a 2.3 KWH battery and a
72V hub motor. The Elesco V1 has a top speed of 60-70 kmph,
whereas the V2 has a top speed of 75-85 kmph.
The Narain electric 3-wheeler limited edition has a top
speed of 25 kilometres per hour and a range of 100
kilometres per charge. With a load capacity of a driver
plus four passengers, the vehicle is intended for safe and
enjoyable commuting. It has a 1.2Kw BLDC motor,
electronic start, and 3.75-12 4PR alloy wheels.
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Fujiyama Launches Five Electric Scooters In India
Fujiyama introduces five electric scooters, starting at Rs 49,499 to
Rs 99,999. There are four low-speed models: Spectra, Spectra Pro,
Vespar, and Thunder models, as well as one high-speed model,
Ozone+. Fujiyama’s BLDC motor claims to be extremely efficient
and low-maintenance.
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MYBYK Launches Two Electric Bicycle Models, MYBYK Electric And Electric Cargo
Odysse Electric Vehicle Launches Electric Bike ‘Vader’
MG launches, Comet EV: A Smart and Sustainable Choice for Urban Mobility
MYBYK, India’s largest shared active mobility service provider
has launched 2 electric bicycle variants, MYBYK Electric – a
consumer bike for solving first & last-mile connectivity for
citizens and tourists, and MYBYK Electric Cargo – a bike for
solving last-mile delivery for gig-workers.
The Odysse Vader’s electric motor is 3 kW and can reach 85
kmph. The battery pack is 3.7 kWh AIS 156 certified lithium-ion
and claims to have a range of 125km on a single charge. The
electric motorcycle has three riding modes, and the battery
can be fully charged in just four hours.
MG Motor India launched its intelligent MG Comet EV. This
two-door electric car with a boxy design comes equipped
with connected smart car technology, making it a good
choice for people who like feature-packed modern cars. The
MG i-SMART technology is a well-liked addition to MG
vehicles.
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Quantum Energy Unveils New Quantum Bziness Electric Scooter
Evolog Launches CPO Assist, a Tech-enabled Platform Simplifying EV Charger
Installation and Site Operations
The attractive-looking modern commercial electric scooter is
powered by a 1200W high-performance motor that can
reach a top speed of 55 kmph and easily accelerate from 0
to 40 kmph in just 8 seconds. The Quantum Bziness electric
scooter has a phenomenal range of Up to 130* km
CPO Assist aims to solve these challenges by providing an
aggregator platform for all three stakeholders of the EV charging
ecosystem: Charge Point Operators in India, Field Installers, and
DISCOMs. The platform serves as a single window clearance for
task assignments and integrates various EV policies of all states,
making it easier for CPOs to expand their operations.
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Leader's Thoughts
We Look Forward To
The L5 EV Segment
Achieving A 90%
Market Share In The
Next Five Years
Gopal Jaidka,
Co-Founder, Stella Moto
By April 1, 2030, Delhi will have
an all-electric fleet for cabs
and other e-commerce
entities.
Kailash Gahlot,
Transport & Environment
minister of Delhi www.allindiaev.com
Joint Ventures & Partnerships
RACEnergy and Hala Mobility To Deploy 2000 Electric Two-wheelers For Delivery
Services
The dense battery swapping network developed by RACE throughout the city, as well as the lightweight
interoperable battery packs that operate across two and three wheelers, will assist Hala in accelerating
and expanding its market and customer base.
ACKO Launches Extended Battery Warranty Plan For EVs In Partnership With Ather
Energy And Ola Electric
The company claims it aims at creating an infrastructure for the EV industry by partnering up with OEMs
and providing comprehensive insurance plans to EV users. This will solve the current pain points,
creating a radical change in the rapidly evolving EV industry.
Sun Mobility And Zomato To Power 50,000 Electric Two-Wheelers With Battery
Swap Solutions
According to the partners, this move aligns with Zomato’s commitment to ‘The Climate Group’s EV100
initiative that implies 100 EV adoption by 2030’. It also supports Sun Mobility’s mission of electrifying
last-mile deliveries to India.
Gentari Signs MoU With MoEVing To Provide 1,500 Electric Cargo Vehicles On
Subscription For Its VaaS Offering
Gentari expanded its Vehicle-as-a-Service (VaaS) offering through an MoU with electric mobility
provider MoEVing Urban Technology Private Limited (MoEVing) to provide 1,000 three-wheeler and 500
four-wheeler electric cargo vehicles on subscription.
Gentari Partners With Tata Motors And Gati KWE To Deliver Electric Vehicles In India
Gentari, through its affiliated entity Amplus Power Supply Private Limited, signed a Memorandum of
Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, in 2022,
whereby the latter will deliver 5,000 units of Tata Ace EV over three years
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BYD India Partners With Evera To Deliver 100 All-New e6 Vehicles
The world’s leading new energy vehicle manufacturer BYD has partnered with Evera – an EV Cab
service based in New Delhi to deliver 100 All-New e6. Evera provides app-based cab services in the
national capital and has signed one of the largest orders for electric vehicle fleet operation with BYD
India.
Omega Seiki Mobility And cKers Finance Sign MoU To Provide Financing For Electric 3-
Wheeler Loaders
As an effort towards encouraging Electric Vehicle (EV) adoption in the country, Omega Seiki Mobility, an
Anglian Omega Group Company, and cKers Finance Private Limited, a non-banking financial company
(NBFC) focused on financing climate-friendly businesses including electric vehicles in India, has signed
a Memorandum of Understanding
BLive And Chartered Bike To Deploy 11,000 Electric Two And Three-Wheelers In India
They have signed an MoU to jointly deploy 10,000 electric two-wheelers nationwide as well as 1,000
electric three-wheelers across the country over the next three years. The MoU is estimated to be worth
Rs 120 crore and will be deployed in three phases:
KSH Logistics Partners With 3ev And 3eco To Offer Sustainable Logistics Solutions In
India
Through this partnership, the three companies will leverage each one’s expertise to curate innovative
and environmentally friendly, sustainable logistics solutions for industries, minimizing carbon footprint.
KSH Logistics will work on creating a network of efficient stores and warehouses that can be accessed
by the 3W EV fleet, enabling efficient, fast, and cost-effective delivery solutions to its customers, locally.
Matter And Flipkart Team Up To Offer Aera Electric Motorcycle
An agreement between the Indian tech innovation company Matter and the online retailer Flipkart will
give buyers a simple method to reserve and purchase the Aera electric motorcycle. The bike will also
be accessible with the advantages of special discounts.
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Zomato partners with Zypp Electric to deliver 1 lakh electric scooters by 2024
Zomato and Zypp Electric, India’s largest tech-enabled EV-as-a-service platform, have joined up to
deliver 1 lakh electric scooters by 2024. As part of the agreement, Zypp will also give Zomato delivery
partners for last-mile deliveries in a number of Indian cities.
Etrio Partners With Kosher Climate To Create Carbon Credit Framework For Electric
Commercial 3-Wheelers
This collaboration will help companies reduce Greenhouse emissions and use tradable carbon credits
to achieve the net zero goal. This framework follows the Verified Carbon Standard Methodology and will
help companies gain economic and environmental benefits from fully electric and hybrid commercial
fleet deployments, making them truly sustainable businesses.
Yulu And Zomato Join Hands To Use DeX EV For Intra-City Deliveries
Yulu partners with Zomato regarding the use of DeX EV in intra-city deliveries. To kick off the project,
delivery partners will receive between 25,000 and 35,000 DeX to enable them to deliver last-mile
rentals on custom-made rental plans.
ETO Motors In Collaboration With Delhi Metro Deploys 45 Electric Three-Wheelers At
Kalkaji Metro Station
In line with India’s net zero pledge and to enable sustainable growth, ETO Motors, India’s leading EMaaS
(Electric Mobility as a Service) Company with its unique 360-degree Electric Mobility business model,
has launched 45 electric L5 three-wheelers with women driver partners at Kalkaji metro station in New
Delhi.
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TVS Motor To Acquire 25% Stake In
German Electric Mobility Startup, Killwatt
GmbH
It added that Killwatt’s business includes the development, design and manufacture, sale, and distribution of high-tech
components and products in the field of electric two-wheeler, and three-wheeler vehicle fields. TVS Motor Company stated
that this acquisition aligns with our larger vision to become a leader in the e-personal mobility sector and provide our
customers with sustainable mobility options.
Who got Funded?
Nysha Mobility Tech Raises $3.5 Million In
Seed Funding To Develop EV
Technologies
The funds will be put toward developing technologies to improve the manufacturing process, research and development
of EV components, and the application of IoT and AI in manufacturing. Pranav Vikas, SUN Mobility, Ola Electric, IGOWISE,
and Virya Mobility are among the company’s more than 40 current clients. In 2023, NMT intends to onboard more than 100
customers.
Chennai-Based EV Start-Up, Raptee
Receives Rs 3.27 Crore Grant From ARAI
As per the reports the company plans to use the newly-generated fund to develop high-voltage controllers for its
motorcycles. The company will also focus on the design of some of its motorcycles. Raptee has just completed its second
fundraising round. Before this, Raptee raised $0.70 million from institutions and high-net-worth individuals
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Motovolt, Invests Rs 9 Crores In eROCKIT
Group
This will be used for product introduction, marketing initiatives, and expanding its India presence.
This is Motovolt’s first international expansion for its electric mobility solutions. This initial investment will be used to
strengthen the product development and production at eROCKIT’s Berlin manufacturing plant.
TI Clean Mobility Secures Funding Of Rs
400 Crores; To Accelerate EV Industry
Growth
Tube Investments of India, a Murugappa Group company, said that Multiples Private Equity Fund lll as well as State Bank of
India have invested Rs 267 crores and Rs 133 crores in TI Clean Mobility or TICMPL, a subsidiary of their respective
companies. TICMPL planned to raise capital through a variety of fundraising channels in order to help accelerate the
electric vehicle (EV) industry.
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Mobec Innovations Secures US$ 1 Million In
Seed Funding
Mobec, based in Noida, offers ultrafast charging solutions that are fully integrated and do not require any additional
infrastructure for electric vehicles. Consumers can charge anywhere, anytime. Mobec provides services to customers of all
types, including owners of two- and four-wheelers, commercial vehicles, and fleets. It provides quick charging via portable
chargers with high capacity.
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Other EV Updates
Royal Enfield’s Expansion Plans: New Manufacturing Facility for EVs and
ICE Vehicles
BPCL Develops Fast Charging Corridors For Electric Vehicles and aims to
become a Net Zero Energy Business in Scope 1 and Scope 2 emissions
by 2040.
Sona Comstar Inaugurates New Plant In Pune To Meet Growing
SIDBI Launches Mission 50K-EV4ECO To Boost Electric Vehicle Ecosystem
Development
Himachal Government Forms Green Mobility Committee To Promote
Sustainable Solutions In Shimla
Uttar Pradesh Government Aims To Become A Leader In Electric
Vehicles In India
Delhi To Conduct Feasibility Study On Converting Government Trucks To
Electric
AEEE And ICA India Launch Whitepapers On Market Transformation Of
E2Ws And E3Ws In India
Honda Motorcycle & Scooter India To Set Up Unit For Producing Electric
Two-Wheelers
Zingbus Launches India’s First Intercity Shared Electric Cabs,
Connecting 40 Destinations
Odisha Government Increases Purchase Incentives For Electric Vehicles
Gogoro Launches Battery Swapping Platform And Smartscooters In
Delhi NCR
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