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EV Expo 2024: Nitin Gadkari highlights India’s global EV market potential.

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The 21st EV Expo 2024 began with the 8th Catalyst Conference on EV Industry Sustainability at Pragati Maidan, New Delhi. The event, organized in partnership with the International Center for Automotive Technology (ICAT), brought together industry leaders, regulatory authorities and entrepreneurs to discuss the future of electric mobility.

Honorable Minister of Road Transport and Highways Shri Nitin Gadkari inaugurated the conference through video link from Nagpur. In his address, he highlighted India’s commitment to reducing pollution and curbing its ₹22 lakh crore annual fossil fuel import bill. He reaffirmed the government’s focus on converting mass transportation systems to electric vehicles and achieving carbon neutrality by 2070.

Highlights of Shri Gadkari’s address:

Market Growth: In 2023-24, India registered 30 lakh EVs, leading to a 45% growth in sales with a market penetration of 6.4%. Notably, 56% of total two-wheeler sales were electric, driven by over 400 startups in the EV sector. Future projections: By 2030, the Indian EV market is expected to reach ₹20 lakh crore, creating 5 crore jobs. Hybrids and EVs are estimated to account for 8% of the market by 2028, with the EV finance market size estimated at ₹4 lakh crore. Lithium reserves: India’s 6 million tonnes of lithium reserves in Jammu and Kashmir represent 6% of the global stock, enough to support the production of 60 crore EVs. Efforts are underway to accelerate the utilization of these reserves. Cost Reduction: The lifecycle cost of lithium-ion batteries is currently $115 per kilowatt-hour, which is expected to fall below $100 within six months. Recycling Opportunities: Lithium-ion battery recycling market is estimated to reach ₹50,000 crore by 2030. Potential to become a world leader in EVs: Shri Gadkari urged industry leaders to seize the opportunity to increase production tenfold and establish India as a global leader. EV market. He emphasized that the Indian EV industry must compete effectively with countries like China by leveraging superior technology and uncompromising quality standards. He underlined the importance of proven technology, economic feasibility, availability of raw materials and marketability as key principles of success.

He concluded by envisioning India’s automobile industry becoming the world’s largest within five years with significant contribution from the EV sector.

Industry Participation and Panel Discussions:

Prominent attendees included Shri Saurabh Dalela, Director, ICAT; Shri Balraj Bhanot, former Chairman of TED Committee, BIS; Mr. Yashpal Sachar, Vice President of Corporate Affairs at Ashok Leyland; Shri Anuj Sharma, President of Electric Vehicle Federation; And Mr. Rajeev Arora, Organizer of EV Expo. The conference featured several panel discussions on the sustainability and future of the EV industry.

Highlights of the Exhibition:

Celebrating a decade of success, the 21st EV Expo 2024 will run from December 20-22 at Hall No. 1 & 2 of Pragati Maidan. The event showcases cutting-edge innovations, industry collaborations and evolving technologies with the participation of approximately 200 exhibitors from India and abroad. The expo serves as a platform for entrepreneurs, startups, industry leaders and EV enthusiasts to engage in transformative discussions shaping the future of mobility.

Supporting Organization:

The 21st EV Expo 2024 is supported by:

Ministry of Road Transport and Highways, Government of India Pradhan Mantri Kaushal Vikas Yojana (PMKVY) Micro, Small and Medium Enterprises (MSME) International Center for Automotive Technology (ICAT)

Revolution in Urban Mobility: The Emergence of 3-Wheeler EVs – By Mr. Kumar Ramamurthy, CEO, Baxi Mobility |

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As India moves towards sustainable transportation, electric three-wheelers are becoming a game-changer not only for their environmental benefits but also for their adaptability in both urban and semi-urban areas. From congested metro cities battling congestion and pollution to small towns in need of affordable and efficient transportation, electric three-wheelers (3W EVs) are perfectly suited to meet the diverse mobility demands of the country.

Supported by government incentives, increased industry investment, and technological advancements, India’s 3W EV sector is redefining last-mile delivery, increasing passenger transportation, and leading the country toward a greener, more sustainable economy. Used to be.

Rise of 3-wheeler EVs in India’s transportation ecosystem

The Indian electric three-wheeler market is experiencing significant growth. According to the Society of Manufacturers of Electric Vehicles (SMEV), the segment is expected to see a growth of 40% from 2022 to 2023 due to supportive policies and rising consumer demand. With low upfront costs, minimal operating expenses and subsidies through the FAME-II scheme, electric three-wheelers have become the preferred option for last-mile delivery and urban mobility, especially in congested cities and underserved areas.

This growth is not limited to major metro areas; Electric three-wheelers are gaining popularity across India, from busy cities like Mumbai and Delhi to smaller towns where affordable and reliable public transportation is important.

Boosting instant commerce in urban India with 3W EVs

India’s fast-growing instant commerce sector is flourishing with the adoption of electric three-wheelers (3W EVs). Major e-commerce players like Amazon, Flipkart and BigBasket, along with delivery platforms like Swiggy Instamart and Blinkit, are adding these electric vehicles to their fleets to meet the demand for faster deliveries. The advantage of 3W EVs is obvious: their compact size allows them to navigate narrow urban roads efficiently, enabling quick deliveries while cutting costs and emissions.

NITI Aayog’s 2024 report shows that last-mile delivery contributes to almost 50% of logistics costs in India. The transition to electric three-wheelers, along with a 60% reduction in carbon emissions compared to conventional internal combustion engine vehicles, could significantly reduce these costs. This shift is in line with India’s climate goals, while also reducing the environmental footprint of the booming instant commerce industry in urban areas.

For drivers, driving an electric three-wheeler offers the benefits of lower fuel costs, less maintenance and lighter financial burden. The move is in line with the broader objective of making expedited commerce logistics more affordable and sustainable for all stakeholders.

Revolutionizing transportation in Tier-2 and Tier-3 cities with 3W EVs

While electric vehicles (EVs) are often associated with metro cities, electric three-wheelers are now reshaping transportation in India’s tier-2 and tier-3 cities as well. In cities like Gwalior, Aligarh and Hubli, electric three-wheelers are rapidly replacing traditional rickshaws, providing a cleaner, more reliable alternative to the daily commute. In cities where public transportation infrastructure is limited, 3W EVs provide an affordable and efficient option for residents.

Government initiatives at the regional level are driving this change. States like Madhya Pradesh and Uttar Pradesh have introduced subsidies and tax incentives, making it easier for drivers to adopt EVs. This support is paying off: A 2023 survey by India’s Transport Research Wing found that smaller cities with a strong presence of electric three-wheelers have seen an 8% improvement in air quality over the past two years.

The rise of electric three-wheelers is also stimulating local economic growth. As more drivers are switching to EVs, the demand for service centres, battery swapping stations and new jobs is increasing in semi-urban areas. Many small-town dealerships are reporting strong sales, while local battery manufacturers and charging infrastructure providers are taking advantage of new opportunities for expansion, supporting India’s transition to an electric vehicle ecosystem even in less populated areas. Is.

Addressing traffic congestion and pollution in metro cities

In India’s bustling metro areas, three-wheeler electric vehicles (EVs) are proving to be game-changers in tackling both traffic congestion and air pollution. Cities like Delhi, Mumbai and Bengaluru are plagued by high levels of vehicular emissions, with transport contributing 40% of Delhi’s air pollution. A 2023 report by the Center for Science and Environment (CSE) suggests that increasing the use of electric three-wheelers could reduce urban air pollution by up to 12% in major Indian cities.

Apart from reducing pollution, three-wheeler EVs help reduce traffic congestion in densely populated areas. Unlike traditional four-wheel delivery trucks and vans, which often contribute to gridlock, three-wheel electric vehicles can easily navigate narrow roads and congested streets, helping to clear traffic and optimize urban space. Get help. Many cities are also considering the implementation of dedicated lanes for EVs, which will further streamline traffic flow.

The shift to electric three-wheelers supports national initiatives aimed at improving urban air quality. For example, the Delhi government has launched the “Switch Delhi” campaign to electrify auto rickshaws as part of its clean air strategy. Similarly, Maharashtra’s EV policy provides incentives including purchase subsidy to encourage the adoption of three-wheelers and urges fleet owners to transition to electric vehicles by 2025.

Expansion of electric three-wheelers to pilgrimage centers and tourist destinations

Electric three-wheelers (3W EVs) are becoming an increasingly popular and eco-friendly transportation option in pilgrimage centers and tourist destinations in India. With an increasing focus on sustainable travel and reducing carbon emissions, these vehicles provide an efficient option for both locals and tourists. Their compact design makes them perfect for moving in congested areas, and their operating costs are significantly lower than traditional fossil-fuel-powered vehicles. As India moves towards green mobility solutions, 3W EVs are helping to create eco-friendly travel experiences, improve accessibility and encourage responsible tourism in some of the most iconic locations in the country.

Battery-swapping technology: enabling 24/7 operation

While battery life and charging infrastructure remain challenges to widespread adoption of electric vehicles, 3W EVs in India are benefiting from emerging battery-swapping technology. This innovation allows drivers to quickly replace fully charged batteries at designated stations, significantly reducing downtime. Companies like SUN Mobility and Battery Smart have launched battery-swapping stations in cities like Delhi, Mumbai and Bengaluru, where drivers can swap batteries in under five minutes.

The battery-swapping model is especially beneficial for three-wheeler EV drivers, who often work long hours. With the ability to quickly “refuel,” they can work almost around the clock, increasing productivity and earning potential. Additionally, the Battery-as-a-Service (BaaS) model eliminates the need for drivers to invest in expensive batteries, making 3W EVs a more affordable option for many.

Overcoming challenges on the path to widespread adoption

While the advantages of 3W EVs in India are clear, their development faces several challenges. A significant hurdle is the limited charging infrastructure in rural and small urban areas. While battery swapping offers a viable solution in metro cities, many smaller cities lack both charging and swapping stations, which could slow down the widespread adoption of 3W EVs outside major urban centres.

To tackle this issue, the Indian government, along with private sector stakeholders, is working to expand charging infrastructure across the country. The Ministry of Heavy Industries has earmarked significant funds for setting up charging stations, especially on major national highways, with the goal of ensuring widespread access by 2025.

Another challenge is affordability. Despite government subsidies, the initial cost of 3W EVs remains a barrier for some drivers. Introducing innovative financing options such as low-interest loans for EVs can help make these vehicles more accessible to drivers in tier-2 and tier-3 cities.

Looking Ahead: Green Revolution on India’s Roads

The rise of 3W EVs in India is creating undeniable momentum. From transforming instant commerce in metro cities to offering essential transportation in semi-urban areas and tourist destinations, electric three-wheelers are revolutionizing the movement of people and goods across the country. With ongoing policy support, advances in battery-swapping technology and growing public awareness, India’s urban landscape is poised for a transportation revolution.

3W EVs not only symbolize India’s shift towards sustainable mobility, but also reflect the country’s dedication to a more inclusive, accessible and eco-conscious future. As these electric vehicles populate India’s roads, they are paving the way for cleaner cities, empowered drivers and a healthier planet.

Growing demand for EV rentals – A shift towards affordable travel: Mr. Vijay Ramakrishnan, Head of Marketing, BNC Motors |

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As the demand for eco-friendly and budget-conscious travel options increases, the electric vehicle (EV) rental market is experiencing significant growth. Consumers are looking for cost-effective solutions for daily commutes, weekend trips and short-term transportation needs.

Mr. Vijay Ramakrishnan, Head of Marketing, BNC Motors, highlighted how this trend is reshaping the way people approach transportation. BNC Motors, formerly known as Boom Motors, is a pioneer in the sector by providing electric two-wheeler rental services. As more consumers discover EVs through rental, they gain valuable experience before deciding on full ownership. This growing trend of electric vehicles reflects the broader change in India’s transportation landscape, with both businesses and individuals adopting sustainable options for their everyday travel needs.

a changing landscape

India’s electric vehicle (EV) rental market is witnessing significant growth, reflecting consumers’ changing preferences towards practical and affordable transportation. Be it daily commute, short-term travel, or business needs, EV rentals are reshaping the country’s urban mobility. Better infrastructure, government incentives and advancements in EV technology are playing a key role in this growth, paving the way for a dynamic shift in transportation trends.

A flexible solution for businesses

Businesses are increasingly adopting EV rental as a smart, cost-effective solution to their operational needs. Tasks like last-mile delivery and employee transportation are now more manageable without the financial burden of purchasing a vehicle outright. EV leasing allows companies to expand their fleet as needed, test multiple models, and make informed decisions about long-term investments. Options range from compact two-wheelers to full-size cars to meet different needs.

Convenience and options for individuals

For individuals, EV rentals offer unparalleled flexibility and ease. These services allow customers to access high-performance, feature-rich EVs for purposes such as city errands, weekend trips and daily commutes. Leasing also provides potential buyers a risk-free way to assess an EV’s performance, ease of charging and compatibility with their lifestyle before making a purchase. With EV rental, consumers can enjoy the benefits of electric mobility without long-term commitments or ownership costs.

Infrastructure improvements are boosting adoption

India’s EV rental market has benefited from the government’s focus on expanding charging infrastructure. Addressing concerns about range anxiety, charging stations are being installed every 3 kilometers in urban areas and every 25 kilometers on major highways. Innovations such as battery-swapping systems, faster charging solutions and improvements in battery efficiency have also increased consumer confidence in EVs. The declining cost of batteries is also expected to drop by 10-15% in 2024, which will further reduce rental rates and make EVs more accessible than ever.

Strong policy support and market potential

Government initiatives such as the FAME II scheme and tax incentives have significantly accelerated the growth of India’s EV sector. The target of 30% of all vehicle sales being electric by 2030 reflects the country’s strategic effort towards electrification. The EV market is projected to grow at an impressive compound annual growth rate (CAGR) of 49% between 2022 and 2030, creating immense opportunities for EV rental services. These policies not only facilitate a green future but also support economic expansion by creating jobs and promoting local manufacturing

Technological innovations that enhance user experience

Rapid advancements in EV technology have made rental a more attractive option for both businesses and individuals. Extended battery life, faster charging systems and increased vehicle efficiency are making electric vehicles more reliable. Features like GPS-enabled EVs, mobile app integration for rental and transparent pricing models ensure a seamless customer experience. The increase in EV rentals is contributing significantly to job creation and economic growth. As the market expands, the demand for skilled workers in areas such as EV maintenance, operations and logistics is also increasing. Furthermore, by providing affordable travel options, EV rentals are enabling more people to participate in urban mobility, promoting inclusivity and connectivity in cities.

a promising future

The growth of India’s EV rental market signals a major shift in transportation mobility. With continued government support, infrastructure development and technological advancements, EV rentals are set to become an integral part of India’s mobility ecosystem. This growing trend provides practical, affordable and innovative solutions for businesses and consumers, solidifying the role of EV rental in the future of travel.

WardWizard partners with Muffin Green Finance to boost EV adoption through affordable 3W financing AutoGuideIndia

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Wardwizard Innovation & Mobility Limited (WIML), one of India’s leading electric vehicle manufacturers under the Joy e-Bike and Joy e-Rec brands, has entered into an MoU with Muffin Green Finance Limited, a leading NBFC specializing in electric three-wheelers. Strategic partnership has been formed. 3W) Loan. The collaboration aims to provide customized financing solutions for WardWizard’s L3 Passenger and L5 Cargo electric three-wheelers, making EV ownership more accessible across India.

The MoU was signed by Mr. Akhtar Khatri, Director of Sales & Strategy, Wardwizard Innovation & Mobility Ltd. and Mr. Dheeraj Agarwal, Chief Business Officer (CBO), Muffin Green Finance Ltd. along with representatives of both the organizations.

Under the agreement, Muffin Green Finance will provide seamless financing options through WardWizard’s authorized dealer network. WardWizard will ensure proper documentation, vehicle registration with hypothecation to Muffin and timely vehicle delivery. Comprehensive battery support will be provided for both lead acid and lithium batteries, ensuring reliable performance within the eligible warranty period.

Additionally, Muffin Green Finance will expand its financing services to support fleet operations (B2B) for the Joy e-bike electric two-wheeler (2W) and Joy e-bike electric three-wheeler (3W). This includes customized financing options for fleet owners and operators, promoting EV adoption in the commercial and logistics sectors.

The MoU emphasizes collaborative efforts to build a strong EV financing ecosystem. While Muffin will manage the credit appraisal, financing terms and carbon credit benefits, WardWizard will provide operational support, including the purchase of repossessed vehicles in “as-is-where-is” condition. This partnership removes significant barriers to EV financing and access, paving the way for sustainable mobility solutions.

Commenting on the partnership, Mr. Yatin Gupte, Chairman and Managing Director, Wardwizard Innovation and Mobility Limited, said, “We are excited to partner with Muffin Green Finance as their mission of supporting sustainability aligns with our vision of driving green mobility. Aligned with the mission. This partnership will help us increase the penetration of EVs by empowering the consumer segment and providing viable financial assistance to customers. We look forward to partnering with Muffin Green Finance Limited to strengthen the EV ecosystem and make EV ownership more accessible and affordable in India.”

Speaking on the occasion, Mr. Kapil Garg, Co-Founder and Managing Director, Muffin Green Finance Limited, said, “Our association with WardWizard reflects our promise to drive the growth of sustainable mobility in India. “By offering accessible and flexible financing options for their L3 passenger and L5 cargo electric three-wheelers, we aim to make EV adoption seamless and affordable for customers while contributing to a greener future.”

This partnership between WardWizard Innovation & Mobility Limited and Muffin Green Finance Limited represents a significant step towards accelerating the adoption of electric 3W vehicles in India. By combining Muffin’s strong financial solutions with WardWizard’s advanced EV technology, the collaboration aims to facilitate a seamless and convenient transition to sustainable transportation for customers.

Magenta Mobility expands 4-wheeler EV cargo fleet for intercity and interstate logistics

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Magenta Mobility, a leading provider of electric mobility solutions, has strengthened its position as India’s largest 4-wheeler electric cargo fleet operator. With a fleet of over 500 electric cargo 4-wheelers, the company is transforming urban and intercity logistics while reinforcing its commitment towards sustainable and efficient transportation.

Building on its leadership in the 3-wheeler EV segment, where it serves key customers such as Amazon, Flipkart and BigBasket, Magenta Mobility is now aggressively expanding into the 4-wheeler category. This strategic move strengthens its foothold in the emerging electric mobility ecosystem. The company has launched interstate services on key corridors, including Rajasthan-Haryana-Delhi covering a distance of over 180 kilometers and Delhi-Haryana-UP covering a distance of over 140 kilometers. Additionally, Magenta’s intercity services include the Mumbai-Pune-Mumbai route, a round trip of 422 kilometres.

Magenta’s fleet of electric 4-wheeler cargo vehicles, which offer a range of 150 kilometers per charge, are designed for extended trips, significantly reducing carbon emissions and fuel costs. Traditionally, electric vehicles have been limited to inner-city operation with a range of 100-120 kilometers per charge. However, Magenta’s successful trials prove the feasibility of EVs for long intercity and interstate routes.

Mr. Maxon Lewis, Founder and CEO, Magenta Mobility said, “As India’s largest 4-wheeler EV cargo fleet operator, we are proud to lead the electric vehicle revolution. Our expansion into intercity and interstate logistics underlines our commitment to provide sustainable and efficient transportation solutions. The gradual and steady decarbonization of logistics in the middle-mile and first-mile is becoming a reality.

Looking ahead, Magenta plans to add 10,000 EVs in the next financial year – including both 3-wheelers and 4-wheelers. The company is also planning to expand to new cities like Nashik, Nagpur, Vijayawada, Indore and Kolkata.

With a strong focus on innovation and sustainability, Magenta Mobility is driving the future of electric logistics in India, enabling green transportation solutions on both urban and intercity routes.

Driving a Sustainable Future: Tackling Environmental Challenges with Electric Mobility – Nischal Chaudhary, Founder, BattRE Electric Mobility |

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As the world grapples with the challenges of climate change and environmental degradation, the need for sustainable transportation has never been more acute. Electric mobility emerges as a powerful solution, providing a clean, green alternative to conventional fuel-powered vehicles. In this context, Nischal Chaudhary, Founder of BatRE Electric Mobility, shares insights on how electric vehicles (EVs) can address environmental issues while leading us towards a more sustainable and eco-friendly future.

In our constant pursuit of progress, it has become imperative to address environmental degradation and climate change. As we envision a sustainable future, the adoption of electric mobility, especially two-wheeler electric vehicles (EVs), emerges as a key solution. With its rapidly growing population and increasing urbanization, India stands at the forefront of this transformational change. By adopting electric mobility, the nation can directly address environmental challenges while promoting a clean and green future.

India’s environmental challenges are serious and demand immediate action. As one of the world’s fastest growing economies, the country faces severe air pollution, largely driven by vehicular emissions. According to the World Air Quality Report, 22 of the world’s 30 most polluted cities are in India. This harsh reality highlights the urgent need for sustainable transportation options to reduce pollution and enhance air quality.

Two-wheeler EVs offer a promising solution. Powered by electricity instead of fossil fuels, these vehicles provide an environmentally friendly means of transportation. Unlike conventional motorcycles and scooters that emit harmful pollutants, electric two-wheelers produce zero tailpipe emissions. The transition to electric mobility could significantly reduce air pollution, curb greenhouse gas emissions and contribute to a healthy environment.

By adopting two-wheeler EVs, India can move towards a sustainable future while directly addressing its environmental challenges. This change represents not only technological progress but also an important step toward ensuring clean air and a healthy planet for future generations.

To address the challenges of promoting electric mobility, we must overcome several obstacles. First, limited availability of charging infrastructure poses challenges to widespread adoption of two-wheeler EVs. Establishing a strong charging network including home and public charging stations is important to build confidence among potential electric vehicle owners. Collaborative efforts between the government, private sector and utility companies are necessary to ensure adequate charging infrastructure in cities and towns.

Additionally, the initial cost of electric two-wheelers remains a concern for many consumers. However, it is important to consider the long-term benefits and cost savings associated with these vehicles. Due to low power costs and low maintenance requirements, electric two-wheelers have significantly lower operating costs compared to conventional counterparts. According to a study by the International Council on Clean Transportation, the total cost of ownership of electric two-wheelers can be up to 30% lower than internal combustion engine vehicles. This cost advantage, coupled with the potential for future advancements in battery technology, makes electric two-wheelers an attractive and sustainable option.

To promote the adoption of electric mobility, the Government of India has implemented several initiatives. PM E Drive Scheme provides incentives and subsidies for the purchase of electric two-wheelers. These incentives are aimed at bridging the cost gap and making electric vehicles more affordable for consumers. Furthermore, the government has set ambitious targets for electric vehicle adoption and is actively promoting research and development in the electric mobility sector.

Collaboration among stakeholders is critical to accelerate the transition to electric mobility. Manufacturers, utility companies, policy makers and consumers should work together to create an ecosystem that supports and encourages the widespread use of electric two-wheelers. This includes developing innovative financing options, raising awareness of the benefits of electric mobility and addressing any infrastructure deficiencies that may hinder its adoption.

Transforming India’s urban mobility through two-wheeler EVs is an important step forward as we envision a sustainable future. By reducing air pollution, mitigating climate change and conserving natural resources, electric mobility offers a compelling solution to the environmental challenges we face. The collective efforts of individuals, businesses and policy makers can propel us towards a greener tomorrow. Let us embrace the potential of electric two-wheelers and lead our country towards a sustainable and clean future.

Zip Electric appoints former SoftBank India chief Manoj Kohli as senior advisor.

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From left to right – Ms. Rashi Agarwal Co-Founder and Chief Business Officer Zip Electric, Mr. Manoj Kohli Consultant Zip Electric and Mr. Akash Gupta, CEO and Co-Founder Zip Electric.

Zip Electric, India’s leading EV-as-a-Service platform, has appointed Mr. Manoj Kohli as Senior Advisor. With over 45 years of experience in telecom, renewable energy, EV and AI, Kohli brings valuable expertise to the company. His previous leadership roles include Managing Director and CEO of Bharti Airtel, where he expanded the company into 20 countries and grew its customer base to over 400 million. As country head of SoftBank India, he backed $15 billion of investments, which included major companies like OLA and OYO. Kohli’s appointment will help Zip Electric strengthen its position in sustainable last-mile logistics and support its IPO targets.

Mr. Akash Gupta, Co-Founder and CEO, Zip Electric, said, “I started my early days with Airtel and have heard many success stories from Mr. Kohli throughout my life. We at Zypp are extremely excited to welcome Mr. Manoj Kohli to the Zypp Electric family. His extensive experience in growing global firms, coupled with his enthusiasm for achieving lasting success, will be beneficial as we plan our expansion path. He has been a part of several startup IPOs and as we plan to take Zip to IPO in the next 12-24 months, his guidance will improve our sustainability-based EV platform and drive electric vehicle adoption, fleet This will also help in our goal of optimizing solutions. , and create a greener, more efficient logistics environment not only for India but beyond.

Mr. Manoj Kohli said, “Zip Electric is a leading EV-as-a-Service player in India, at the forefront of innovation in the last mile electric vehicle sector, and I look forward to being part of this transformational journey to further strengthen it.” Thrilled to be.” Their market dominance. As an advisor, my focus will be on empowering the leadership team to achieve their ambitious goals while fostering a culture of excellence and integrity. Together, we will work to create a strong framework that will not only drive business success but also make a positive contribution to our communities.

Zypp Electric has made significant progress in recent years, achieving operating profitability and expanding its fleet of electric vehicles and recently completed 20.5Mn+ emission-free deliveries for accelerated commerce, while total sales across all categories Delivery is 78mn. With Kohli’s guidance, Zypp aims to scale up its strategic initiatives and reduce carbon emissions with its EV fleet and promote eco-friendly logistics solutions in urban scenarios and with an eye on an IPO in the next 12-24 months. To accelerate its expansion into new markets.

ZEVO unveils revolutionary EV rental app to transform electric mobility in India

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ZEVO, a tech-enabled EV mobility platform, has launched its state-of-the-art ZEVO Rental app, designed to revolutionize the electric vehicle rental market in India. With an intuitive and user-friendly interface, the app offers a comprehensive EV rental experience for both general consumers and gig workers, promoting eco-friendly transportation and sustainability.

The ZEVO Rental App provides users with detailed information about available electric vehicles, including specifications such as range, top speed and charging time. It stands out in the EV rental market by simplifying booking, ensuring convenience and meeting the growing demand for clean and efficient transportation solutions.

Expressing his vision for the app, Aditya Singh Ratnu, CEO of ZEVO, said: “With the ZEVO Rental App, we aim to make sustainable mobility accessible to all. This launch is more than just an app; It is a commitment to empower individuals with the tools needed to embrace electric mobility while contributing to a green future. From gig workers to individual users, this app is a game-changer in India’s EV rental scenario.

ZEVO Rental’s core mission is to promote the adoption of electric vehicles by providing accessible and sustainable rental options. With a strategic focus on both metropolitan cities and emerging urban centres, the app bridges the gap between environmentally conscious consumers and EV mobility. ZEVO Rental’s diverse fleet, combined with its commitment to sustainability and cutting-edge technology, sets it apart from competitors in the market.

The app features are complemented by strong data security measures to ensure user privacy and secure transactions. These include encrypted data transmission, secure payment gateways, role-based access controls, regular backups to protect user information, and AI-based data analytics.

ZEVO’s broader strategy with the app aligns with its mission to redefine mobility by leveraging technology to enhance operations and support sustainable practices. By increasing user engagement and encouraging repeat rentals, the ZEVO Rental App is set to significantly contribute to the growth of electric vehicle adoption in India.

With this launch, ZEVO reaffirms its position as a leader in India’s EV mobility sector, supporting innovation and sustainability through its cutting-edge solutions.

FICCI Report: ₹16,000 crore capex required to meet India’s EV public charging demand by 2030 |

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India’s journey towards achieving over 30% electrification by 2030 will require Rs 16,000 crore in capital expenditure (capex) for public charging infrastructure, according to the ‘FICCI EV Public Charging Infrastructure Roadmap 2030’ report. Has gone. The report recommends prioritizing 40 major cities and 20 highway segments based on electric vehicle (EV) sales data from 2015 to 2023-24. These cities, recognized for their current EV adoption rates and supportive state policies, are projected to see high EV penetration within the next 3-5 years. The 20 highway stretches connecting these cities carry 50% of India’s vehicle traffic.

Despite the increase in EV adoption, the financial viability of public charging stations in India remains low, with usage rates at less than 2%. To achieve profitability and scalability, usage needs to increase to 8-10% by 2030. Taking the example of Germany, the report highlights that an economically viable charging network can be developed with usage of 5-10% in cities and no more than 16% on highways. Collaborative planning with local authorities is required to identify ideal charging station locations.

The report also outlines several challenges hindering the expansion of charging infrastructure. These include financial constraints such as high infrastructure costs, low usage rates and inconsistent power supplies, and operational issues such as lack of standardized protocols for interoperability. High fixed electricity rates in some states exacerbate the problem, making it difficult for even public charging stations to operate. While states like Uttar Pradesh, Delhi and Gujarat have implemented low or zero fixed tariffs, other states face high costs, threatening business viability.

FICCI calls for coordinated action from policymakers, industry leaders and government bodies to advance India’s clean energy transition. The report stresses on implementing the latest guidelines from the power ministry uniformly across all states and setting up a state-level cell with industry and government representatives to monitor the development of charging infrastructure.

Bajaj Chetak EV scooter is coming to become the new friend of girls

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Bajaj Chetak EV:- Top in the list of electric scooters offering the highest range in our country. Bajaj Chetak EV She comes. But the company has also launched its updated model in the market in which you will get to see 3.2 kWh powerful battery pack support look and many advanced features.

Bajaj Chetak EV Price

This EV scooter with great features is going to be in your budget range. Because the company has kept the price of this electric scooter at only Rs 95,998 ex-showroom. Which will be very comfortable in the budget of a middle class family.

Battery pack and range of Bajaj Chetak EV

Bajaj Chetak EV

Despite the low price, the company has used a very good battery pack in this electric scooter. For which the company has used a powerful battery pack of 3.2 kWh in this electric scooter. Which also helps a lot in giving this scooter a range of 126 kilometers.

Stylish design of Bajaj Chetak EV

To give this electric scooter a more stylish look, the company has used many features in this scooter. Which includes features like brilliant switchgear, full-LED lighting, and digital console, high quality materials, sequential indicators, self-canceling blinkers, ride and left control switches, electronic handle and steering lock, seat switch.

Color options of Bajaj Chetak EV

Even after providing so many stylish features, the company has used many new color options in this electric scooter. Which includes many colors like Mote Grey, Cyber ​​White, Brooklyn Black, Indigo Metallic Blue, Hazelnut, Indigo Metallic Blue and Brooklyn Black.

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