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Top 5 EV Leasing Players Empowering Driving Partner in India | Vampire

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Since the electric mobility intensifies worldwide, the lease is emerging as a major promoter in the EV ecosystem-as a flexible, cost-skilled route to build or score your fleet without the heavy burden of ownership. By eliminating standing upfront investment and bundling in essential commodities such as maintenance, insurance and charging solutions, model on the lease simplifies EV adoption by increasing the operational agility.

Lease not only makes economic understanding, but also aligns with broad corporate stability goals. This allows operators to stay asset-light, react to changing technology quickly and to benefit from developing government incentives-by significantly reducing all risks and operating costs.

In India, EV leasing is gaining momentum. A survey by GT Bharat found that 39% of the respondents now prefer to lease when they own EVS. Fame II supported by subsidy and state-level encouragement is primary to market development. In 2023, the property leasing under management touched ₹ 5,000 crore, with estimates by 2028 increased to ₹ 36,000 crore-Electric three-wheeleRedseer,

For businesses working in the final-meal logistics, fleet services, or ride—hiling, EV leasing provides not only strength, but also scalability and flexibility. With integrated assistance services, policy tailwind, and a low -risk financial structure, lease fleet is shaping the foundation stone of electrification and permanent urban dynamics.

Full mobility

Alt Mobility is bringing revolution on EV lease with its fleet management solutions in seven cities. Located in Delhi, the startup simplifies the financing for EV-A-Service and Last-Meal delivery, which ends the advance cost. With only a small safety deposit and a monthly lease, business expenses can reduce by up to 20%. Participated with more than eight OEMs including Piazio and Yular Motors, Alt Mobility also provides a state -of -the -art Fleet OS app for real -time vehicle and fleet monitoring, which ensures seamless operations.

to redo

Revfin is a major online consumer loan platform dedicated to increasing financial inclusion in India. Taking advantage of advanced technology and unconventional data analysis, the Revfin provides a spontaneous debt solution, making EV financing more accessible. Recently, the company expanded the 4W EV market via partnership with ZAPPIT to offer the airport pickup services. Additionally, Revphin has made its financing options wider and set up a micro secondary market for EVS by collaborating with various EV manufacturers and leasing firms.

Energy mobility

MTOW Mobility Private Limited is a brand energy mobility, a Delhi-based energy-focused company that is committed to simplifying EV ownership. With the belief that “battery is new fuel,” energy mobility provides a battery lease solution for commercial electric electric electrical vehicles (L2) and three-wheelers (L3, L5). By converting the high upfront battery cost to an affordable monthly lease value (MLV), the company makes EV more cost effective and accessible to businesses.

streamlined

Ekofi is running permanent mobility by offering India’s first green-only NBFC, cheap and hassle-free EV loan. With minimal documentation and competitive interest rates, ECOFY finances up to 90% of an on-road price of a vehicle, making EV ownership more accessible. The company has become a prominent player in EV financing, offering loans at a cost of only 1/6th per kilometer as compared to diesel. Participation with major brands such as Ather, Mahindra, and Ola Electric, Ecofy Electric supports both individual and corporate buyers in two- and three-wheeler classes.

Greaves Finance

Greaves Finance Ltd., through its exclusive Ev-Focused Landing Mote Platform Evfin, India’s only dedicated Ev-concentrated Non-Banking Financial Company (NBFC). A subsidiary of Grievs Cotton Limited, the company, is on a mission to democrats EV ownership with especially tilated innovative financing solutions for electric vehicles, especially for electric vehicles. By providing flexible loan options, Grives Finance is helping accelerating permanent mobility across India.

Magenta Mobility Partners Mover to Power Totainable Last-Mile delivery across India. Vampire

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India’s leading integrated electric mobility solutions provider Magenta Mobility has entered a special partnership Inspiring powerA rapidly growing logistics-tech company that supports SME and direct-to-conjumer brands with tight, final-meal delivery services. Through this collaboration, Magenta will deploy and manage a dedicated fleet of more than 250 electric vehicles for the mover, initially focusing on major metropolitan areas including Delhi NCR, Hyderabad, Bangalore and Chennai.

This strategic coalition cleaner is an important milestone in the shift towards clever urban logistics. The mover, with its technical-capable, asset-philanthropy model, receives a decisive benefit through this integration, especially in cities such as Delhi NCR, where commercial ice and CNG vehicles face regulatory restrictions.

The deployment of more than 250 EVS enables the extended delivery window, better supply rates, and to reduce operational costs, supporting environmental goals. With low maintenance needs and zero telpipe emissions, the fleet helps to create logistics both economically and environmentally durable. Severe, the reliability and flexibility of Magenta’s EVS allows Mavar to maintain easy service, even in areas with high density where traditional distribution mode struggles.

Mr. Maxon Lewis, Managing Director and CEO of Magenta Mobility, said, “This partnership is more than the deployment of an EV fleet, it is a blueprint for the future of logistics. With the mover, we are proving that the stability and scale can go into the hand. As the demand for delivery of India is developed, we can ensure that we can ensure that businesses can be exposed to businesses, and the skills, we can ensure that the demand for India develops, Grow. “

Mover’s founder and CEO Mr. Praveen Yadav said, “Migrantta involving the hands with Magenta Mobility helps us strengthen our green delivery network by promoting performance and access.

Through this collaboration, Magenta Mobility strengthens its position as a leader in helping businesses adopt electric vehicles on scale, while also resolve the real -world logistics challenges.

Both Magenta Mobility and Movers have ambitious expansion plans. The goal is to increase this partnership in all major cities across India and eventually within the next 24 months to Tier 2 cities.

Revolt Motors expanded the Sri Lanka portfolio with the launch of RV1 and RV1+, which EV Motor Show Colombo 2025. Vampire

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India’s number 1 is ready to strengthen its international appearance with the launch of RV1 and RV1+ in Sri Lanka in partnership with its exclusive distributor evolution auto. The unveiled EV Motor Show Colombo will be held in 2025, which will be scheduled from 27 to 29 June at Bandaranic Memorial International Conference Hall (BMIC), Colombo.

After successful rollouts of RV400 and BRZ in the Sri Lankan market on 26 November 2024, in addition to RV1 and RV1+, the next phase of the product expansion of the rebellion in the region marks the next stage. The launch confirms the brand’s commitment to broaden its electric mobility footprint in major international markets starting from South Asia.

The Evolution Auto’s visitors-motor shows will be the first to see the new model closer to the new model, it is also established to experience hands with RV1+ with a dedicated Test ride zone. Customers participating in the show can find out facilities, inquire about availability, and book their vehicle directly at the booth, with special events offers and early delivery benefits.

Revolt Motors President Ms. Anjali Ratan said, “This is only more than a product launch, it is a re -confirmation of the global ambitions of the rebellion. With RV1 and RV1+, we are expanding our access to Sri Lanka, which are with bolders and riders.

Revolt Motors will continue to build their speed throughout the area through the growing portfolio of strategic partnership, local distribution support and AI-competent electric motorcycles designed for global roads.

Xiaomi Univeils Yu7 SUV starts with 2,53,500, Undercuts Tesla Model Y | Vampire

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On Thursday, Chinese EV and smartphone giant Xiaomi intensified its challenge for the American vehicle manufacturer in the world’s largest motor vehicle market in the world’s largest motor vehicle market.

The base variant of the YU7 is priced at 253,500 yuan ($ 35,364), while the high-end Yu7 Pro and Yu7 Max models are listed in 279,900 yuan and 329,900 yuan respectively. Xiaomi will begin to accept the order for all three versions starting from Thursday night.

The launch accelerates competition in the Beaver EV market in China, where the model Y was the best -selling SUV in May, which used to sell retail from 2,63,500. Xiaomi CEO and founder Lei June has deployed YU7 as a direct contestant of model Y, and analysts believe that it has a strong ability to challenge Tesla’s market leadership.

Proud of the driving range up to 835 km (519 mi) per charge, U7 also dismissed Tesla’s latest model Y, which provides up to 719 km. The new SUV also faces competition from other domestic players, including ZeekR’s 7X and Li Auto’s L6.

Green Miles: How EV brands are running stability from the factory floor to open roads – by Yogesh Bhatia, MD and CEO, LML. Vampire

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The journey of stability in electric vehicles does not begin when the wheels touch the road – it starts long ago, deep within the factory walls.

Once seen as a niche product for a technical enthusiastic or eco-conscious aristocratic class, EVS has now entered the mainstream, re-shaped mobility with clever, cleaner technologies. But there is still a dull myth: that electric vehicles are only “green”, when they operate.

In fact, true stability begins long before an EV is distributed. Forward-screen EV companies understand that every stage-responsibility plays an important role in reducing environmental impact from source to efficient manufacturing processes, battery recycling and life management.

Studies show that electric vehicles turn 91% battery energy into speed compared to just 25% in traditional petrol or diesel vehicles. It is a fundamental indicator that EVS has been designed to be energy efficient and environmentally responsible since the beginning.

Nevertheless, critics question the green credentials of EVS, often highlighting battery production emissions, energy used for charging, or even brake dust. While these are valid areas for investigation, a broad, life cycle-based visual paints do far more accurate and positive-paint.

It is time to move beyond old stories and embrace facts. As an industry, we should carry forward boundaries, adopt circular practices and invest in cleaner innovation in the entire EV ecosystem.

Because stability is not a destination – this is a trip. And for EVS, this journey begins long before the first mile.

What is the truth behind EV myths?

Myth #1: “EVS polluted more than gas cars”

It keeps doing a round – mainly because people indicate emissions from battery manufacturing. And yes, that phase is not yet innocent. But here is a big picture.

Once on the road, electric vehicles quickly offset their production footprint. In fact, a study of Argon National Lab confirms that even in areas, the EVS has improved petrol and diesel vehicles in its full life cycle. And as the power grid shifts for renewal, the profit only increases.

So, are EVs correct? not yet. But are they cleaner than gas cars in a long time? Absolutely.
Let’s consider EVS as a problem – they are upgrading that we are waiting.

Myth #2: “EV battery dies quickly and ends in landfill”

This is one of the greatest fears that place potential EV buyers – that the battery will wear faster and turn off the landfill. But reality paints a very different picture.

EV batteries are finalized – often longer than vehicles they give electricity. Since 2016, EV has failed the battery before less than 1%. And when they have time on the road, their story does not end there.

Many retired EV batteries find a second life in energy storage systems – provide strength to homes, stabilize grids, and support renewable goods. As for recycling? Battery recovery facilities are developing rapidly, removing valuable materials for reusing and closing the loop on the garbage.

For EV manufacturers, the message is clear: the battery life cycle is not a dead end – this is a circular opportunity. Let’s keep it in mind and keep those batteries out of the landfill and back into the supply chain.

A cleaner supply chain begins in the factory

Let’s be real, EV is a big leap towards greenery dynamics, but the job has not been done yet.

A large part of EV manufacturing still lends to fossil fuels. He is irony. However, it is changing, with more brands understanding the need for end-to-end stability.

More factories are switched on renewable power, solar, air, even hydro, proving that clean cars can be made with clean energy.

Then there are raw materials. The production of mining lithium or new aluminum takes heavy tolls on the environment. But forward -minding brands are transferring recycled input and moral sourcing to shrink that footprint.

EV can be clean in itself, but the systems behind it require a tune-up. This is the place where the kick hits in the real leadership.

For founders, it is not just about selling an electric vehicle. It is about reconsideration of the entire series, using every step from resource to rollouts, and to create an impact.

How to increase the smartest EV brand bar

The most prepared EV brands of the future are not only manufacturing cleaner vehicles, they are making cleaner ways to manufacture.

Tesla’s Gigafacteries have partially transferred their operations to solar-powered. Tata fully carries out its efforts towards renewable plants. Rivians and Byd are trying to detect closed-loop battery systems that reuse materials instead of fresh mining.

These changes will not be counted as Eco wins for brands, but they will also win the cost.

Some plants are moving forward in recycling technology, which helps them recycle about 90% of their waste. Others are using AI to reduce energy consumption and additional cuts on the production line. Battery chemistry is also developing, helps EV brands to rely less on high-effects such as cobalt and nickel.

Even back-to-back systems are getting green. They are working on locally sourcing materials to reduce brand transport costs, focus on electric logistics and customize the routes of freight, so that the entire transport and supply process can be durable.

For EV founders, it is a moment to prevent, zoom out and run on every part of its product chain. Because the creation of stability in your system is not only good for the planet, it is also good for business.

Building construction

Let’s clear – EV is not right. But they are rapidly improving – and more importantly, going in the right direction.

We have exposed the biggest myths, highlighting how the major brands are increasing, and an undisputed truth has shown: EVS is not just cleaner option – they are blueprints for smarter, more responsible industries.

Surely, challenges remain – Rau material sourcing, energy infrastructure, strength. But friction is part of every change.

What exactly matters how we get up to complete it, as founders – by creating a better system, carry forward the bold design, and collaborate with a permanent vision sharing partners.

This moment is beyond electrification mobility. It is about creating ecosystem that reduces the effect – increases the entire journey to the last mile from the floor of the factory.

For founders, stability is no longer optional. This is not a facility. This is the foundation.

Because your EV will start before leaving the assembly line.

Komaki Electric launched the XR1 series at INR 29,999, again defined cheap smart mobility vampires

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A prominent name in Komki Electric, Electric Mobility Space, has unveiled its new XR1 series, priced at an attractive INR 29,999 (ex-showroom). Designed to encourage greener commuting and clever riding, XR1 is deployed as an inexpensive, feature-rich electric moped.

Its regenerative kinetic energy system to separate the XR1, which allows the riders to continue their journey even after the main battery is reduced. This groundbreaking feature addresses one of the greatest concerns in EV adoption – Range concerns – by enabling the extended riding capacity beyond a dead battery.

With this innovation, Komaki is not only distributing an electric moped, but also an entry-level EVS-sustainability, reliability and peace of mind on every ride.

Covering the range of 70 to 80 km, it is ideal for running tasks or enjoying riding from leisurely, where the model saves unmatched convenience, performance and environment-conscious life. This demonstrates practicality without compromising on them that bring about the usefulness and style confluence to make everyday comitability comfortable and environmentally friendly. In addition, using the advantage of state-of-the-art electric technology, XR1 offers a zero-ecosystem ride that is lighter on the environment and at the same time.

The model performing strong design is well equipped with shock-absorbed suspension and high-prank tires to provide stability and security on every terrain. Along with this, ergonomic is coming with the benefit of dual seats, the vehicle promises to relax for both the rider and the passenger. In addition, the huge front basket provides a hassle -free solution to carry groceries, bags or everyday imperative. Overall, the model hoists a sleek frame and modern finish with a stylish look that makes it an ideal option for urban travelers.

Speaking on the occasion, Gunjan Malhotra, co-founder of Komaki electric vehicles, said, “In Komaki, we are constantly committed to providing environmentally friendly dynamics by ensuring convenience for customers. In this discovery, the XR1 range guarantees a success, which guarantees a complete ride. Passengers, the passengers, the rides are comfortable, the ride and make them worldable for them.”

Komaki XR1 can be purchased from authorized Komaki dealership and online Shop.komaki.in,

Nuego expands the Electric Intercity Bus Services, launched the Delhi-Lukewav route. Vampire

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Greencell Mobility Brand Nuego, supported by Eversource Capital, has expanded its electric intercity bus network across India with several new routes. Its longest service till date is a 10-hour journey connecting Lucknow to Lucknow amidst addition.

The Mumbai -based company unveiled new routes on Monday, aimed at fulfilling the increasing demand for permanent long -distance travel. The newly launched services now connect cities like Amritsar and Delhi, Bangalore with Davangere and Madurai, Madurai and Salem with Chennai and Bareilly and Haldawani with cities like Delhi. Additional connections include Gurugram to Haldwani, Jaipur to Kota, Delhi to Hisar, Amritsar to Jammu, Indore to Ratlam, Hyderabad to Kurnool and Bangalore.

Nuego currently operates more than 300 electric buses in more than 100 Indian cities. These buses offer a per-charge range of more than 250 kilometers, with a rapid charge capacity enables an extended range up to 500 kilometers-strengthens the company’s commitment to zero-furore dynamics.

India is pushing the latest expansion of Nuego to cut transport emissions through Greater Electric vehicle adoption. Posted as the country’s first electric sleeper bus service, Nuego equips its entire fleet with an advanced driver support system (ADAS) to enhance security and comfort.

“We are committed to creating a network that is not only durable, but also provides a premium trip experience,” said Davandra Chawla, Managing Director and CEO of Greensle Mobility. “It is beyond adding expansion routes-this is about making a national change champion towards zero-furrowing intercity trip.”

The company has set up more than 50 charging stations to support the operation. Nuego buses undergo 25 security checks covering mechanical and electrical systems, and include features such as CCTV monitoring in the fleet, GPS tracking and 80 kmph speed limit.

Nuego has offered specific measures for female passengers, including a 24 -hour helpline, nominated sitting options during booking, and increase in security protocols at stations and buses.

Greencell mobility acts as an electric mobility-e-survis platform, which specializes in the electric bus transit, charges infrastructure, and affiliated services. Its native company, Eversource Capital, is a climate-focused investor who manages a fund dedicated to electric mobility, renewable energy and resource efficiency initiative.

The expansion of Nuego highlights widespread speed in India’s electric vehicle sector, which is inspired by assistant government policies and increasing environmental awareness. The company’s expansion network underlines the business potential of long -range electric bus travel in the Indian market.

Montra Electric launched super cargo electric three-wheeler in Delhi. Vampire

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EV Arm Montra Electric of Murugappa Group has launched its latest electric cargo three-wheeler, super cargo in Delhi. For the purpose of catering for increasing demand for permanent final-final-meal cargo solutions, the launch confirms Montra’s commitment to pursue power mobility in India.

The super cargo is equipped with a 13.8 kwh lithium-ion battery, a certified range of over 200 km and a real-world range of over 170 km. The price of ₹ 4.37 lakh (East-Shoreroom Delhi, post-subsidy), it comes with a broad battery warranty of five years or 1.75 lakh km.

Available in three configurations – 170 cu.ft, 140 cu.ft, and tray deck – super cargo provides flexibility for diverse business requirements. Montra has also introduced two high-performance variants, tray EQX and 170 cu.ft EQX D+, with a rapid 15-minute full charging, which is possible through a strategic partnership with an exponent energy.

Sungary for urban and fleet applications:
Jalaj Gupta, Managing Director of TI Clean Mobility Private Limited, unveiled the Montra Electric Super Cargo and formally for formally understanding (MoUS) (MoUS) for more than 200 unit delivery during the launch event. Speaking on the occasion, he commented, “The introduction of Montra Electric Super Cargo is an important step in our expansion journey, which strengthens our commitment to the final-meal delivery segment.

Super cargo is equipped with a strong powertrain that provides 70 Nm of torque and 11 kW peak power. It provides 23% gradability and supports GDP of 1.2 tonnes. Major features include front disc brakes, hill-hold assist, reverse assist, seat belt provisions, regenerative braking and many drive modes. Made on a strong boron steel chassis, the vehicle also comes with a huge 6.2-foot load tray. Designed to meet the needs of both fleet operators and individual business owners, super cargo is available through Montra Electric Dealerships across more than 90 cities across India.

Strategic cooperation with exponent energy:
Arun Vinayak, the co-founder of the exponent energy, shared, “We are thrilled to cooperate with Montra Electric. Our 15-minute full charging solution is widely appreciated for increasing the asset use. We are ready to work together with the brand to develop our charging infrastructure.”

Super cargo is introduced in four different color options: chili red, steel gray, Indian blue and stallian brown.

Rebellion Motors receives a major milestone with 50,000th electric motorcycle rollout

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In a historical achievement for India’s electric mobility landscape, the major electric motorcycle brand of Revolt Motors -India proudly rolled its 50,000th electric motorcycle with its advanced manufacturing facility in Manesar, Haryana. It goes beyond the significant milestone number; It stands as a will for the growing change of the brand innovation, customer trust and cleaner, smart and more durable transport solutions.

The 50,000th unit, an RV1+in the Signature Titan Red Silver color, was assembled as part of the company’s expansion portfolio. More than just a numerical milestone, it is a testimony to the commitment of rebellion for the creation of reliable, A-competent and sustainable mobility solutions designed for India manufactured in India.

Over the years, Revolt Motors has rapidly increased its manufacturing and retail footprint to meet the growing demand for electric two-wheelers. Manesar feature, operated by a skilled and dedicated workforce, increases the highest standards of quality, accuracy and performance in each unit produced. With the installed production capacity of 1.8 lakh units annually, the rebellion currently operates over 200 dealerships across India and recently expanded to international markets including Nepal and Sri Lanka-EV two-wheeler space strengthens its position as a homegron leader in the space.

On this occasion, Ms. Anjali Ratan, chairperson of Rattanindia Enterprises, said: “This 50,000th motorcycle is more than a chassis number – it carries out the aspirations of millions of Indians, who believe in a cleaner, more progressive future. Not only the construction of the bike;

Revolt Motors has established itself as the fastest growing brand in India’s electric motorcycle segment. Prominent models of the company, including RV400, RV1+, and RV Blazex, are equipped with advanced lithium-ion batteries, smart riding mode, regenerative braking, great payload capacity, and responsible, calibrated suspension-especially equipped with features designed for Indian roads and riders.

Further, Revolt Motors aims to double its annual production capacity by the end of 2026 to double its annual production capacity of over 3 lakhs. The company is planning to introduce new models, expand its dealership network to 400 locations, and further strengthening its presence in South Asia and Middle East. With every step, the rebellion continued its mission to shape the future of dynamics through innovation, scale and rider-first design.

Pairace of Ola has acquired public service innovation for Bharatsah ‘Yaak, an Indian AI forum

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Part of India’s first AI Unicorn and Ola Group, it, has acquired an AI-powered platform developed by the overall, which has played an important role in rapid deployment of AI solutions in government-led initiatives in education, agriculture and governance.

As part of its vision to create a comprehensive AI computing stack for India, Crutream is developing an integrated ecosystem that includes AI Computing Infrastructure, AI Cloud, Foundational Language Model and Intelligent and User Applications. The acquisition is an important milestone in expanding the role of AI in public services and increasing India’s AI capabilities.

By integrating the agent platform behind its advanced large language model (LLMS), powerful cloud infrastructure, and its AI auxiliary app, Kruti, the attachment has targeted to scale to nationwide countries. This step strengthens the mission of Crutum to make AI and foster Hoshiyar democratic, more inclusive solutions for public service distribution, enterprise needs and civil engagement across the country.

To ensure the continuity of innovation, Syamagara’s core AI team has also been seen by Sadbaj. The integration of Tharatsah ‘, which enables the company and its partners to serve a wide range of use and government applications, with the cloud, with diocese agent platforms and LLM models.

A spokesperson for the cutem said, “Integrating Bharatsah’ai’yak in the Krutrim ecosystems widen your offerings, by increasing the government’s initiative, programs, programs and a series of plans and enhancing AI-focused assistance to cutting and supporting the support-which benefits for the universe. The platform which reflects the platform and culture of Indian languages ​​and culture.

Bharatsah’ai’iyak specializes in creating India-centered, Vernacular retrieval agranded generation (RAG) AI bots that provides text and voice-led experiences. The platform performs excellent performance on developing solutions that mix the convergent and deterministic flow while remaining cost effective and accessible to the last-meal users.

The success of the forum is displayed through several high-effect implementation:

● Kumbhsah’ai’yak: India’s first AI-operated chatboat for Maha Kumbh 2025, provides pilgrims with 24/7 guidance on rituals, navigation, housing and attraction. Katre-Kanare hosted Open-SUS LLM services for Chatbot.

● Based on official government data, Ama Krushi AI Chatboat in Odisha for Agriculture and Planning Advisor, voicing for farmers in local languages.

With the underlying AI model, cloud infrastructure and agentic platforms of the cruti, these special assistants can now be on a scale to serve more users in diverse domains with spontaneous, efficient and language-expensive interactions.

Orheri recently announced the launch of Cruti, designed by the country’s first agent AI Assistant to go beyond traditional chatbots. Kruti is designed to move to a paradigm change in AI, which is moving from passive reactions to the execution, active, agentic function. Cruti can execute tasks such as cabbing, food ordering, billPements, image creations and in-depth research, while also supports reed-aloud reactions. Additionally, it offers advanced AI features such as cost -free research and image construction for users.