Olectra Greentech Limited has commenced Phase-I commercial operations at its greenfield electric vehicle manufacturing facility at Sitarampur, Hyderabad, Telangana, marking an important milestone in the company’s expansion strategy. The company declared commercial operation date (COD) for Phase-I as December 31, 2025 and notified the stock exchanges on January 1, 2026.
Phase-I operations bring an annual per-shift production capacity of 2,500 electric buses, which is 50% of the plant’s planned per-shift capacity of 5,000 buses per year. The Sitarampur facility has been developed as a dedicated electric bus manufacturing unit, underscoring Oletra Greentech’s focus on sustainable and clean mobility solutions for public transport.
As part of the standard project financing procedures, the company has formally informed the State Bank of India (SBI), which is the lender for the project, about the commencement of commercial operations.
The disclosure was signed by P. Hanuman Prasad, Vice President – Company Secretary & Legal, on behalf of Olectra Greentech Limited.
With Phase-I now operational, the Hyderabad facility is set to significantly scale up Oletra Greentech’s manufacturing capabilities in the electric vehicle sector, particularly in electric bus production for the Indian market, supporting the growing demand for zero-emission public transport solutions.
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Leading French contractor Eiffage has launched a new generation of zero-emission products and has taken delivery of a fully electric Volvo FE electric truck and a Volvo ECR25 electric mini excavator, becoming the first company in France to receive these products.
The first electric Volvo Construction Equipment (Volvo CE) machine and the first all-electric Volvo FE truck have just been delivered in France, signaling that the long-term global transition to more sustainable transport and infrastructure solutions is accelerating.
The recipient of the new products – Volvo FE electric truck with electric crane and Volvo ECR25 electric compact excavator – is Eiffage, a leading French contractor and long-term Volvo customer. The machines support Eiffage’s low carbon strategy and will be used in the French capital’s ambitious Grand Paris Express transport project. It is a rapid transit scheme under construction in the French capital that will add 200 kilometers (120 miles) of new track and 68 new stations, eventually serving 2 million passengers a day.
The first all-electric products from Volvo Trucks and Volvo Construction Equipment were unveiled in a small ceremony in Paris. The event was attended by Eiffage Group CEO Benoit de Ruffray, as well as representatives from Volvo Trucks and Volvo Construction Equipment’s French teams. Due to COVID-19 travel restrictions, Volvo Group CEO Martin Lundstedt, Volvo Construction Equipment President Melker Jernberg and Volvo Trucks President Roger Alm participated digitally.
“By 2030, we want more than a third of the machines sold by the Volvo Group to be electric. We can’t do this alone, we want to do it together with our customers, partners like Eiffage and wider society. Today is an exciting milestone in the journey to shape the future of transport and infrastructure.”
Volvo Group CEO Martin Rundstedt.
“Today’s delivery of this electric truck and construction machine is the beginning of a revolution in transportation and infrastructure solutions. There is no doubt that electric motors will not remain a niche product area. In the years and decades to come, they will become a major source of low- or emission-free electricity. When combined with clean energy, their potential to support climate change goals, improve air quality and help build the world we all want to live in cannot be underestimated. I’m delighted that we are starting this journey with friends such as Alfaci.”
Melker Jernberg, President, Volvo CE
“The support of forward-thinking customers like Eiffage is important for the future development of sustainable transportation solutions. Maintaining a close dialogue with customers means we all learn faster and together accelerate the necessary transition to a fossil fuel-free future.”
Roger Alm, President Volvo Trucks
For Volvo Construction Equipment and Volvo Trucks, the first delivery in France represents an important and real step on their path to zero emissions. With low noise and vibration levels and no exhaust fumes, electric trucks and machines are ideally suited to meet stringent environmental regulations in urban areas, confined spaces or specific projects. They offer new opportunities for urbanization and road infrastructure.
The Volvo FE electric 6X2 truck is manufactured at the Volvo plant in Blainville-sur-Orne, France. It will be used to transport and collect tools and spare parts for the demolition works of the T2B sections of Line 1, Line 16 and Line 15 of the Grand Paris Express project. It will cover approximately 150 kilometers per day – all with zero exhaust emissions.
The Volvo ECR25 electric compact excavator will be used by Eiffage to support demolition and demolition activities, also with zero CO2 emissions and significantly lower noise and vibration levels than conventional diesel engine machines. The 2.5 ton machine offers the same performance as a diesel engine and its battery pack provides four hours of operating time, depending on the application. The Volvo ECR25 electric vehicle is developed and manufactured at Volvo Construction Equipment’s Bailey plant in France.
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Sonalika Group – Mr. Raman Mittal, Executive Director, Tiger Electric
Tiger Electric, the latest technological wonder from Sonalika, India’s fastest growing tractor brand, is designed in Europe and developed using global technology solutions to provide Indian farmers with seamless power, easy home charging, zero carbon footprint and noise-free farming
Sonalika, India’s fastest growing tractor brand and the number one export brand in Europe, America, Africa and over 130 countries, has ushered in a new era of agricultural innovation with India’s first operational electric tractor ‘Tiger Electric’. The farmer-centric brand’s latest technological marvel has been designed in Europe and developed in-house using proven aggregates to provide seamless power and emission-free, noise-free farming in India and globally. With the vision of “Leading Change in Agriculture”, Sonalika Tractor drives global agricultural mechanization with its customization and technological footprint, which is a true embodiment of “Made in India” and Made for the World.
Sonalika Tiger Electric is India’s first field-ready electric tractor, creating a new technology benchmark in the tractor industry. It is powered by a state-of-the-art IP67 compliant 25.5 kW naturally cooled compact battery, ensuring running costs are only one-fourth of conventional diesel engines. The innovative high-quality battery of Tiger electric tractor can be fully charged in just 10 hours using an ordinary household charging pile, reducing the trouble of frequent trips to gas stations for refueling. Tiger Electric’s energy-efficient Etrac motors feature high power density and high peak torque at zero rpm for optimal performance.
The German-designed motor ensures 100% torque 100% of the time, powering the tractor for the fastest start under any load condition. The tractor is now available for booking at an introductory price of Rs 5.99 lakh (ex-showroom). Sharing his views on the company’s path towards innovation, Raman Mittal, Executive Director, Sonalika Group said, “Sonalika tractors have always been at the forefront of innovation and continue to provide best-in-class technology to farmers across the globe, especially in Europe and the US. Tiger Electric’s commitment to every Indian farmer is to continuously provide technological advancements to enhance farm productivity and profitability.
“In this product, we bridge the gap between concept and field readiness while keeping pace with global benchmarks in agricultural mechanization technology. It is built on Sonalika’s proven tractor platform, ensuring farmer friendliness and remaining easy to use as we move towards an emission-free, green tomorrow. Tiger Electric The operation is no different from a regular tractor, making it farmer-friendly while reducing fuel costs. As a customer-centric brand, we are constantly developing new products for India. Tiger Electric has the same global technological wonders that it offers to farmers in Europe and the United States,” he added.
Mittal further said, “As the world is moving in a greener direction, electric vehicles across sectors are keenly considered as an alternative to fossil fuel vehicles. Sonalika’s Tiger Electric tractor is our commitment to accelerate India towards a green tomorrow and is in line with the Indian government’s ambitious move to launch electric vehicles by 2030.” The additional torque across the Tiger Electric’s operating range provides more power, maximizing farmers’ performance in the fields without fatigue. The tractor ensures better comfort for farmers as the engine does not transfer heat and the lower number of parts ensures less vibration in the tractor, ensuring less product downtime and zero maintenance costs.
Equipped with the proven Sonalika gearbox, the Tiger Electric can reach a top speed of 24.93 km/h and has a battery backup time of up to 8 hours when operating on a 2-ton trolley. As an option, the company also offers a fast charging system that can fully charge the Tiger Electric in just four hours. The tractor is manufactured at the company’s state-of-the-art vertically integrated tractor manufacturing facility at Hoshiarpur plant in Punjab. The factory is powered by robotics and automation technology and rolls out a new tractor in a two-minute takt time.
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Construction equipment manufacturers face a complex challenge: They need to control emissions and reduce their reliance on diesel, and they need to do it quickly. Is the electrification of construction vehicles a viable step in the right direction? If so, how can this process be accelerated?
Electrification of Construction Vehicles: A Perspective
Independent market research firm IDTechEx said in its report titled “Electric Vehicles in Construction 2022-2042” that the decarbonization of the construction industry will play a key role in countries around the world meeting their commitments under the 2015 Paris Agreement, and the electrification of construction vehicles such as excavators, loaders, cranes and telehandlers will be key to helping construction organizations achieve their environmental goals.
The report details that “construction machinery emits approximately 400 metric tons of CO2 per year, accounting for approximately 1.1% of global CO2 emissions,” and further states that while the off-road electric construction vehicle market is at an earlier stage of development than the on-road electric vehicle industry, there is a growing effort to provide zero-emission solutions in the field, with an increasing number of prototypes.
What we are currently seeing is that the electrification of construction vehicles is being led by smaller, more compact machines such as mini excavators, compact wheel loaders and dump trucks. This is primarily because these machines are deployed in urban environments, where cities are increasingly looking to reduce emissions and noise, and electric construction equipment has the added benefit of Low Noise Zone compliance. This in turn provides employees with a safer and more comfortable working environment as noise and vibration from electrical equipment is reduced, reducing the chance of hearing loss and fatigue.
Additionally, because they are used on smaller projects, the daily duty cycle and corresponding power requirements of small machines are lower than that of larger machines. Therefore, a standard eight-hour working day for small equipment can be met using practical-sized lithium-ion batteries (less than 50kWh) and electric motors (less than 20kW).
While this in itself is good news for the industry, it is even more encouraging to see that heavy construction machinery, which contributes more to the industry’s CO2 emissions, is also starting to adopt low-emission solutions. The question is: why?
According to McKinsey, total cost of ownership (TCO) is likely to be the main driver of the electric heavy machinery market. The global management consulting firm predicts that by 2023, the TCO of heavy-duty electrified machinery could be 21% lower than similar internal combustion engine (ICE) equipment. This is due to lower fuel consumption, a simpler drivetrain, fewer moving parts and less maintenance requirements, resulting in a 40% to 60% reduction in operating costs.
The role of power supply
As the pace of electrification of the construction market accelerates, organizations like Concentric – which have long supported OEM customers in the industry with technologically advanced, powerful and reliable solutions – will play an increasingly important role as major manufacturers such as Volvo, Wacker Neuson, Caterpillar, JCB and Bobcat introduce electric alternatives to traditional diesel-powered construction equipment.
As pressure on construction companies to adopt more efficient solutions increases, so does the requirement to incorporate electric pump (e-pump) technology in hybrid or fully electric machinery. In line with this, the company has A range of electric pump solutions have been developed to assist in improving building reliability, fuel economy, control and emissions reduction.
Developed specifically for the cooling of batteries and power electronics in hybrid and electric vehicles, the electronic pump is designed to meet the challenges of heavy commercial vehicles, including installation vibration, dust and water resistance.
Concentric is currently developing products capable of operating with high-voltage power supplies, including pumps and fans, providing durable, powerful, efficient and space-saving solutions. Currently, we are the only company in the industry offering high-voltage fans.
With its global footprint and extensive industry experience in conventional pumps, Concentric is currently in conversations with several leading blue-chip OEMs within the construction industry to support their electrification journey, deploying multiple pilot projects.
For example, Concentric recently received a new development contract to supply high-pressure electric coolant pumps for battery-electric mining machines. The customer, a global construction OEM, will use electric pumps to cool batteries and power electronics on large all-electric mining machines.
Battery electric powertrains will be one of the key technology enablers for zero emissions in off-highway machinery and this new agreement is another innovative milestone in the development of Concentric electronic pumps.
As a leader and innovator in flow control and fluid power, Concentric is committed to a sustainable and carbon-neutral future, continuing to invest in technologies that meet the rapidly changing needs of the market and actively supporting organizations in their electrification journeys.
Piaggio Vehicles Pvt Ltd (PVPL) has launched the new 2025 Apé Electrik EV range. The launch features the new Apé E-City Ultra and the new Apé E-City FX Maxx. The two electric three-wheelers further enhance the brand’s passenger vehicle portfolio and continue to meet the evolving needs of last-mile mobility, delivering superior performance and reliability. Apé E-City Ultra stands out with its durable all-metal body, advanced 10.2 kWh LFP battery and intelligent telematics, making it a powerful high-tech solution for demanding urban operations. Apé E-City FX Maxx stands out with its class-leading 30 Nm of torque and smart energy monitoring, ensuring longer battery life and consistent performance.
Diego Graffi, Chairman and General Manager of Piaggio Automobile Co., Ltd., delivered a speech. Ltd. said, “India is undergoing a major shift towards electric mobility and three-wheelers are leading this shift. We believe electric vehicles are an opportunity to reshape urban mobility and improve livelihoods. The new Apé E-City Ultra and Apé E-City FX Maxx “
Amit Sagar, Executive Vice President, Domestic Business and Retail Finance, Piaggio Vehicles Pvt. CV delivered a speech. Ltd. said, “The electric passenger three-wheeler market is growing rapidly with customers increasingly looking for vehicles with longer range, reliable battery life and lower running costs. The Apé E-City Ultra and Apé E-City FX Maxx have been developed with these needs in mind. With a certified range of up to 236 km, strong power delivery and industry-best battery technology with minimal degradation, these vehicles are designed for daily use in demanding urban conditions. These vehicles are also available in 5 The premium warranty of 2,25,000 km provides additional assurance that these products will support the life of the user due to their low recharging costs, reduced maintenance and longer uptime, making them a smart choice for profitable and sustainable mobility.”
The new Apé E-City Ultra is designed for high efficiency, with a range of powerful features:
Best-in-class certified range of 236 km Peak power of 9.55 kW with quick pick-up and 45 Nm of torque Top speed of 55 km/h for faster ranges and higher turnaround efficiency 28% gradeability, ideal for flyovers and hilly roads Climb assist mode provides instant power when needed 10.2 kWh LFP battery with 3 kW charger for fast charging and reduced downtime Class leader 5 years/ 2,25,000 km warranty Digital speedometer displays battery charge (SOC), range (DTE), speed and system alerts Smart 4G telematics with real-time tracking, geo-fencing and remote immobilization features. Sturdy metal body, sturdy and durable
Apé E-City FX Maxx is Piaggio’s trusted electric model, now with enhanced power and range:
Certified range per charge of 174 km Peak motor power of 7.4 kW 19% gradeability and torque output of 30 Nm 8.0 kWh battery provides stable energy output over time Prismatic battery technology ensures minimized battery imbalance and extended service life Smart energy monitoring controls battery degradation
Prices for Apé E-City FX Maxx start at Rs 3,30,000/- and Apé E-City Ultraat starts at Rs 3,88,000/- (showroom, India). Both models will be available at Piaggio dealerships across India.
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BYD India, a subsidiary of BYD, the world’s largest new energy vehicle (NEV) manufacturer, has announced a price increase for its popular electric SUV BYD Hiace 7 from January 1, 2026. Customers who book their vehicles on or before December 31, 2025 will continue to benefit from current ex-showroom prices, giving buyers a last chance before price adjustments come into effect.
BYD SEALION 7 is currently available in two variants: Premium version priced at Rs 48,90,000 and Performance version priced at Rs 54,90,000 (ex-showroom). Since its debut at the Bharat Mobility Global Expo 2025, the model has quickly gained favor among Indian electric vehicle buyers, with sales exceeding 2,000 units. This milestone highlights strong demand for BYD’s all-electric Pure Performance eSUV, known for its blend of design, technology and driving capabilities.
Mr. Rajeev Chauhan, Head of BYD’s Electric Passenger Vehicle (EPV) Business in India, said the response reflects the growing confidence in BYD’s electric SUV portfolio. “BYD Hiace 7 is resonating with customers across India. With plans to revise prices from early 2026, we want to ensure that customers who have been waiting can still benefit from current prices until December 31, 2025. As we expand our dealer network and customer touch points, Hiace 7 will remain at the core of our commitment to advanced, sustainable, high-performance mobility.”
SEALION 7 uses BYD’s advanced iTAC (Intelligent Torque Adaptive Control) and CTB (Cell to Body) architecture to integrate the blade battery into the structural part of the chassis to improve safety, rigidity and cabin space. The SUV is powered by an 82.56 kWh battery, delivering strong acceleration and high efficiency on both models.
The Performance trim produces 390kW and 690Nm, accelerates from 0 to 100km/h in 4.5 seconds and has a claimed range of 542km (NEDC). The Premium version offers 230 kW and 380 Nm, with a 0-100 km/h time of 6.7 seconds and a range of 567 km (NEDC). With a length of 4,830 mm and a wheelbase of 2,930 mm, the Hiace 7 also offers spacious interior space and balanced SUV proportions. The model received a 5-star safety rating from NCAP, demonstrating BYD’s emphasis on safety innovation.