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EKA Mobility partners with Shriram Green Finance to offer affordable loans for electric buses, trucks, LCVs, and three-wheelers, supporting India’s clean and sustainable mobility shift.
Euler Motors enters the commercial passenger EV segment with NEO HiRANGE, offering 3 variants, long range, fast charging, and advanced features for drivers and urban commuters across India.
Piaggio teams up with Hinduja Leyland Finance to offer easy financing for 3-wheelers, boosting accessibility, last-mile connectivity, and income opportunities across India.
Zuperia Auto launches Youdha EPOD, a new electric three-wheeler, expanding its passenger, cargo, and municipal portfolio, aiming to lead India’s growing EV market with mass-market and premium brands.
GEV launches Dabang MaxX, India’s first ICAT-approved 7+1 electric auto with 150+ km range, 22% gradeability, and zero emissions, built for rural and semi-urban mobility.
Montra Electric launches e-SCV and e-3W dealerships in Raipur with Ralas Wheels, showcasing EViator, Super Auto, and Super Cargo EVs with strong warranties and advanced service support.
TVS Motor launches the King Kargo HD EV in India with smart features, high load capacity, safety, and TVS Connect Fleet technology, priced at ₹3.85 lakh ex-showroom Delhi.
Terra Motors launches Kyoro+ L5 electric auto in Amritsar with 200 km range, ₹3.66 lakh price, 5-year warranty, and finance support to boost EV adoption in Punjab.
Govt revises PM E-DRIVE scheme with reduced subsidies for e-rickshaws, e-carts, and L5 e-3Ws. Funding capped at ₹50 crore and ₹857 crore for FY24-26.
Rechargion Energy’s sodium-ion battery secures ARAI validation, promising safer, cost-effective, and sustainable solutions for 2W and 3W EVs with commercialisation targeted in 12–15 months.
Piaggio to invest in a new lightweight 3W platform, boosting efficiency, range, and affordability for EV and ICE models, with new launches and global expansion plans.
Omega Seiki Mobility opens first global EV assembly plant in Dubai’s Jafza, investing $25M to serve Middle East and Africa with clean mobility solutions.
iGo teams up with Sun Electro Devices to scale 2.5-wheeler EV production, targeting 1,000 units monthly and launching in Pune, Panjim, and Mumbai.
Mahindra Last Mile Mobility leads July 2025 EV CV sales with 9,155 units and 40.3% L5 market share.
India’s 3W sales reached 1.11 lakh in July 2025, driven by strong passenger demand and rising electric mobility.
