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India for more than 6,000 acres for EV ecosystem by 2030: Savills India | Vampire

Rahul Arora
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India for more than 6,000 acres for EV ecosystem by 2030: Savills India | Vampire

On World Environment Day, Savills India- A major global real estate advisory firm- “Charge for Change: How EVS is re-shaping Indian real estate.” The report states that India will need 5,760 and 6,852 acres of land by 2030 to accommodate EV manufacturing units, lithium-ion battery plants and public charging infrastructure.

Savills India, government policies, rising fuel costs, environmental concerns and cleaner mobility solutions notes the rapid development of the EV market operated by the increasing consumer demand. Several initiatives by the Government of India are strengthening EV adoption and accessory infrastructure across the country.

Domestic manufacturing with the entry of major players, increasing import dependence and improving cost competition. Technological progress in battery efficiency, driving range and charging capabilities is rapidly making EVS practical. Additionally, the availability of a skilled workforce is promoting R&D and domestic manufacturing, promoting and promoting a strong ecosystem for continuous EV growth in India.

“Aligning with India’s target of achieving 30% EV entry by 2030, the real estate sector is expected to experience significant growth inspired by an increase in EV adoption. EVS will stimulate the need for many real estate segments, including EVs, including EV and Battery Manufacturing, Industrial and Warehousing vacancies for the distribution of EV assemblies and batteries.

Demand for EV sales forecast and real estate for manufacturing in India by 2030

According to estimates from the Ministry of Road Transport and Highways (MORTH), NITI Aayog and Rocky have been aligned with estimates from the Mountain Institute (RMI), cumulative EV sales in India are expected to reach between 25.3 and 31.8 million units by 2030. It translates an annual average construction requirement of 4.2 to 5.3 million units.

To meet this demand that Savills India Reseanchions Process, India will require 2,009 to 2,467 acres of land dedicated to EV manufacturing facilities, which has an inherent capacity of 43.8 to 53.7 million sq ft.

EV manufacturing land, manufactured area and investment estimates by 2030:

Landscape demand (MN units) annual capacity (MN unit) land required (acre) BUA capacity (MN SQ. Ft.) Re Investment (USD BN) Medium Adoption 25.34.22,00943.82.8HIGH Datak Datak Datak Eclipse 31.32,46753.73.5.5.5

Note: RE investment refers to real estate costs, including land acquisition and convenience construction for EV manufacturing.

Demand for real estate for public charging infrastructure in India by 2030

To support the anticipated bounce in EV adoption, India research projects require 81,000 to 92,500 public and semi-public charging stations across the country by 2030, which maintains an optimal 1:20 station-to vehicle ratio. The development of this infrastructure will require about 2,402 to 2,744 acres of land, with an inherent capacity of 52.3 to 59.8 million square feet and real estate investment ranges from 2.8 to US $ 2.8 to US $ 2.8.

Additional charging infrastructure will also be required for electric two-wheelers, especially in office complex, shopping malls, transit hubs and public parking areas.

Public charging infrastructure-land, manufactured area and investment estimates by 2030:

Requirement of landscapeing stations (acre) Bua capacity (mn sq. Ft.) Re Investment (USD BN) Medium Adoption 81,0002,40252.32.8hIGH Datta Datak Eclipse 92,5002,74459.83.2

Note: RE investment refers to costs for land acquisition and construction of public charging facilities.

Demand for Lee-ion battery by 2030 and required real estate

To reduce importance on imports from countries such as China, South Korea and Japan, India aims to produce 13% of its EV battery cell by 2030. According to Civils India Research, the country’s lithium-ion battery manufacturing capacity-4 GWH (as 2023)-It is estimated to increase by 2030, reaching by 2030.

This expansion will require 1,348 to 1,641 acres of land, an inherent capacity of 29.3 to 35.7 million square feet and real estate investment, which is USD 1.9 to 2.3 billion USD.

Lee-ion battery manufacturing land, BUA and investment needs by 2030:

Demand for landscape (GWH) Annual Capacity (GWH) Land requirement (acre) BUA capacity (mn sq. Ft.) Re Investment (USD BN) Medium Adoption 14724.51,34829.31.9high Datta Dattak Eclipse 17929.81,64135.72.32.32.3

Note: RE investment refers to land acquisition and construction costs for lithium-ion battery production facilities.

Total real estate opportunity for EV ecosystems by 2030

Savills India projects the demand for important real estate operated by the EV region – including small plots for charging infrastructure in land and urban areas for battery and component manufacturing. By 2030, India requires between 5,760 and 6,852 acres of land, which has a built -in capacity of 125 to 149 million square feet. It translates into an annual development of 21 to 25 million square feet.

The required total immovable property investment is estimated between USD 7.5 and 9.0 billion, which has been covered for land acquisition and convenience for EV manufacturing, lithium-ion battery plants and charging stations.

Overall Real Estate Outlook by 2030:

Landscape requirement (acre) Bua capacity (mn sq. Ft.) Re Investment (USD BN) Medium Adoption 5,7601257.5hIGH Datak Datak Datak 6,8521499.0

Note: RE investment covers both land and infrastructure development in the EV price chain.

Bolt.earth launched Blaze DC-India’s first universal DC fast charger for two and three-wheelers. Vampire

Rahul Arora
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0
Bolt.earth launched Blaze DC-India’s first universal DC fast charger for two and three-wheelers. Vampire

Bolt, India’s largest EV charging network.

Fully designed, developed and manufactured in India, Blaze DC addresses the important requirement of high speed, interopeable charging. Compact and grid-friendly, it supports type 6 and LECCS type 7 connector, which makes it compatible with major EV brands such as Ather, Ola, Ultraviolet, Hero MotoCorp, Matter Motors and Simple Energy.

What makes Blaze DC a game-changer?

Blaze DC provides a powerful, plug-end-play solution tuned for Indian grid conditions, constructed by slow, brand-specific charging setup available in select locations only.

In 15 minutes on the -12 kW variant with lightning-fast speed, up to 120 km in 15 minutes-it fulfills the immediate requirement of efficient, comprehensive charging infrastructure, empowering EV users with accessibility, credibility and convenience.

Beyond speed, Blaze DC is designed for easy service and maintenance. Its modular build allows quick repair, while remote ensures diagnostics and real-time error detection fast issue resolution and minimum downtime.

Who can use Blaze DC?

Anyone who currently drives or plan to buy a fast-charging-competent two or three-wheelers EV in India can use Blaze DC.

Bolt.earth aims to support 90% fast-charging-capable two- and three-wheelers within a year, making EV adoption smooth for businesses and daily travelers.

Speaking at the launch, Raghav Bhardwaz, CEO of Bolt, said, “In Bolt.Yurth, we have always admitted that the true EV adoption in India may not be without solving for everyday commutar-with two-and three-wheelers to auto-rickshaw drivers, or small business owners, launch not only one product;

The program also featured a live demo of Blaze DC in action, which displays ease of use with the Bolt.Areth charging app, which already supports more than 37,000 charging points in 1,700+ cities and serves more than 224,000 active eV users.

In a strong show of support, the program was the chief guest, Dr. Shiv Shankara N, Managing Director of Bangalore Electricity Supply Company Limited (Bescom), was obtained by the Managing Director of the Nodal Agency for EV Infrastructure in Karnataka. Speaking at the launch, Dr. Shiva Shankara N said, “As a government unit, BESCOM has set up more than 200 EV charging stations, which with 5,200+ chargers, contributing to the leadership of Karnataka in the EV infrastructure. The kingdom is currently a statewide. Many of our chargers are currently slow, we are already working with the future structures and the future structures. To identify government land to invite participation.

The Big Picture: EV Infrastructure in India: The EV Market in India has seen remarkable pace in recent years, especially in the two-wheeler segment, where more than 5 million electric scooters are expected to be sold annually by 2027. However, public charging infrastructure is limited and quite expensive.

With the launch of Blaze DC, small business owners, gig economy workers and daily travelers can benefit from quick and inexpensive charging at public stations. It also opens new revenue currents for micro-nums looking to host the chargers through CMS and installation services of bolt.earth.

Mr. Bharadwaz says, “This launch has re -integrated the position of the bolt.

As the major EV charging solutions provider of India, Bolt.earth offers homes, businesses, fleet, and Tata, Bajaj, Mahindra, American Express, SAP, Brigade Group, Soba Realty with software and help to software and support for software and support.

Bosch Magenta Mobility connects with forces scalable eV fleet digitization. Vampire

Rahul Arora
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0
Bosch Magenta Mobility connects with forces scalable eV fleet digitization. Vampire

Magenta Mobility, a prominent name in Electric Fleet Logistics, has participated with Bosch Mobility Platform and Solutions (MPS) to increase its digital infrastructure. The purpose of cooperation is to strengthen the backnd operation of the magenta through cloud engineering, infrastructure and vulnerable management, and advanced support in digital operations. This strategic step is determined to accelerate the journey of Magenta towards the construction of a safe, scalable and flexible digital foundation to support its extended EV fleet business.

With a strong fleet of 2,700+ EVs in seven cities, Magenta is preparing the next phase of its development. This will include the objective of the brand to score 10,000 electric vehicles by 2026, as well as investing in a strong technology foundation built in in-house and complemented by competent partners. Bosch’s domain expertise will play an important role in support and adaptation of digital infrastructure required to manage this development.

The engagement will enable the magenta to further strengthen its backnd digital infrastructure, which can ensure scalability, reliability and security as trade increases. Bosch support will focus on increasing Magenta’s cloud operation, infrastructure management, vulnerability handling and digital operations. Core platforms such as Magenta’s ownership telematics systems, normin, and its in-house dynamics and fleet adaptation solutions will be developed and managed and managed internally by the technology team of Magenta. Bosch’s contribution will combine the strength of Magenta’s in-house technology platforms, helping the company more efficiency and equally a comfortable experience for customers and drivers.

Mr. Maxon Lewis, Managing Director and CEO of Magenta Mobility, said, “Technology is in the heart of everything we do, and we are happy to support our digital development.

Speaking on cooperation, Mr. Pradeep Ramchandra, Chief Technology Officer of Bosch Mobility Platform and Solutions, said, “We are eager to support Magenta’s scale-up journey with our deep technology expertise and are helping them to run power dynamics changes in India.

Importantly, Magenta leads and leads the development of its comprehensive technology stacks, Bosch has played a strategic support role in select digital infrastructure and operating areas. This cooperation reflects the digital-first, partnership-driven outlook of Magenta to create a permanent, scalable logistics platform for the future.

Tata Motors launched the Harrier. Vampire

Rahul Arora
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0
Tata Motors launched the Harrier. Vampire

Tata Motors, the leading SUV manufacturer of India’s electric vehicle location and the country’s leading SUV manufacturer, has officially launched a bold new entrance, which defines the electric SUV segment. Herrier is located as India’s most powerful, competent and intelligent homegron SUV.

The Harrier.EV has been engineered for both off-road adventures and refined City Drive, distributing 504 Nm of torque operated by a QWD dual-motor setup. It is designed to offer both the world’s best – adventure and enjoyment – wrapped in a future and luxurious package.

Four dynamic color is available in options, Harrier. V is now on sale at an introductory price of 21.49 lakhs, installing a new benchmark in India’s Electric SUV League.

Powered by the next-jewelery act.ev+ pure ev architecture, it is a SUV in its own league-which is capable of doing super-spinting from 0–100 km/h, which is with boost mode in only 6.3 seconds. Its six advanced territory modes allow the herrier in collaboration with extraordinary ground clearance. This is the most intelligent SUV created by Tata Motors-using Ultra Wide Band for hand-free unlocking from DG Access, for e-vide, up to 540 ° Suround view system, which also suggests that it also shows that this technique is designed not only to help the product, but also to guess.

In addition, underlining their confidence in dedication to the maturity of battery technology and a spontaneous ownership experience, Tata Motors has introduced a lifetime warranty on the Harrier’s battery pack, bringing peace of mind for the EV community.

The most powerful SUV, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicle Limited and Tata Passenger Electric Mobility Limited Limited said, “To defraud with iconic nameplates by defining the SUV segment in the 1990s, they are entering the new WhatsApp for forever. Conference- We are re-writing the rules of what is possible.

The state -of -the -art acti.ev+ is manufactured on architecture and operated by a strong QWD that produces the highest torque and removes the fastest acceleration to redefine an Indian SUV, Harrier.EV. This commanding power has been paired with a suit of the first-in-world and segment-first luxury, including a performance by Harman, operated by Samsung Neo Culled, Emarsiv Dolby Atomos Acostics, and a revolutionary 540 ° Susoo system that eliminates blind lines. Created to lead with intelligence, enjoyment and intentions, Harrier. The EV EV shatters the ownership of the range anxiety and the boundaries of the infrastructure not only aspiration, but also to attain the ownership. This is a courageous re-confirmation of our commitment to lead India’s infection for the future of India’s dynamics and ‘remove-to-resurrected’ from the vocabulary of the Indian motor vehicle capacity. ,

Warivo launched 6 new electric scooters under the Nova and Edge Series, starting from the price of rupees. 44,999 | Vampire

Rahul Arora
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0
Warivo launched 6 new electric scooters under the Nova and Edge Series, starting from the price of rupees. 44,999 | Vampire

One of India’s fastest growing electric two-wheeler manufacturers, Warivo Motors India has launched six new electric scooters in two different series, Nova and Edge, which aims to expand power dynamics in income areas and geographical areas.

New lineup, Rs. 44,999, from urban professionals and students to rural passengers and delivery riders, is designed to meet the needs of a variety of users. With the maximum range of up to 120 km on the same charge, smart app-competent connectivity and 3-year comprehensive warranty, new scooters promise performance, strength and peace of mind.

The Nova series has been developed for customers looking for a premium riding experience with refined aesthetics, advanced features and future riding experiences. The Edge series focuses on reliability and strength, offering strong, no-frills models that are ideal for everyday movement and practical use.

All six models provide 120 km range per charge, mobile app-based smart connectivity, three-year comprehensive warranty and light and ergonomic design that are suitable for all age groups, sexes and areas.

Commenting on the launch of the new range, Warivo Motors India co-founder Yuvraj Garg said, “Electric dynamics should not be a luxury and a choice should be available for all. Our aim is to make EVS a realistic and compelling option for every Indian.

Warivo Motors India also has aggressive retail expansion plans and aims to open 200 new stores across the country by the end of the current financial year. This detail is expected to greatly promote the company’s access to both urban markets and rural areas. The expansion will be supported to ensure better availability of spare parts and dedicated customer aid infrastructure to ensure a spontaneous ownership experience, after the post -sale infrastructure.

The newly launched scooters are now available at the authorized Warivo dealership across the country.

India unveiled guidelines for the electric car manufacturing scheme. Vampire

Rahul Arora
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0
India unveiled guidelines for the electric car manufacturing scheme. Vampire

The Ministry of Heavy Industries has issued extensive guidelines for the plan to promote the manufacture of electric passenger cars in India (SPPCI), which provides a clear outline to global vehicle manufacturers to benefit from low import duties in exchange for establishing local construction operations.

Originally announced in March 2024, the scheme is particularly focused on electric passenger vehicles, marking a strategic change for eV-centric policies targeted by comprehensive motor vehicle incentives. To qualify, companies must commit to minimal investment of 4,150 crores (about 500 million USD), within three years of approval. This investment should be directed towards manufacturing and operation of construction facilities for electric passenger cars in India.

The policy aims to attract global motor vehicle players installed instead of startups, in which the eligibility criteria emphasize strong financial capacity and the current appearance in the global motor vehicle sector.

Import duty relief structure

A major feature of the scheme is low customs duty on imported electric vehicles. Approved manufacturers will be allowed to import a fully manufactured EVS at a concessional fee rate of 15%at a price of 35,000 or more, which is much lower than the prevailing rates.

Duty relief is subject to the following conditions:

A maximum of 8,000 vehicles can be imported annually under a low rate. The profit is available for a period of five years, the total fee savings are ₹ 6,484 crore or the actual investment amount-which is less unused annual quota, can be carried forward for later years.

Localization requirements

Companies participating in the scheme require to increase the local price joints in their manufacturing operations progressively:

Get 25% domestic value within three years in addition to 50% domestic value within five years

The purpose of these goals is to ensure that import duty benefits translate into real technology transfer and local supply chain development, rather than serve as permanent subsidies for imported vehicles.

To ensure that companies follow through their commitments, this scheme requires bank guarantee that total fee savings or Rs. 4,150 crores, whichever is more. The guarantee should be valid during the entire scheme period and if companies fail to meet the investment or localization goals, they will be confiscated.

Qualified investment component

Guidelines underline the types that can be counted towards the necessary investment commitment:

Manufacturing equipment and machinery research and development facilities charge infrastructure, capted at 5% of total investment land and buildings, limited to 10% of investment, provided that they are part of core manufacturing facility

The Ministry has planned to launch an online portal for submission and will use existing processes from the PLI automotive scheme to evaluate domestic price joint claims.

Following the protocol installed from other motor vehicle incentive programs, the certification of local content will be controlled by the government approved test agencies.

Market reference

The policy manufactures India’s current automotive incentive framework, but especially focuses on electric passenger cars. Unlike the comprehensive PLI scheme for motor vehicle components, SPMPCI abolished vehicle manufacturing by companies with sufficient global operations.

India’s electric passenger car market is smaller than two-wheelers and three-wheelers, which have adopted rapidly due to low cost and simple charging requirements. The new scheme is designed to accelerate four-wheel adoption by reducing the cost barrier for global manufacturers to test the Indian market by creating local capacity.

Implementation timeline

This plan sets a clear time limit for participants:

Within 3 years: Manufacturing operations should start within 3 years: Get 25% domestic price joint within 5 years: 50% domestic price addition

Policy implication

The scheme highlights the Indian government’s strategy to offer temporary import duty concessions to run long -term manufacturing investment. Instead of cutting permanent tariffs, the policy offers clear performance incentives associated with milestones.

For global vehicle manufacturers, it presents an opportunity to estimate consumer interest in premium electric vehicles while laying groundwork for future local production. The high investment limit indicates the government’s intentions to attract severe, long -term players rather than short -term entry.

By focusing exclusively on electric passenger cars, the initiative supports India’s climate goals. However, its real impact will depend on how many global manufacturers consider the market capacity to be required.

Once the official online portal is launched, the application is expected to open soon.

Ather Energy Name Anjani Kumar as Chief Digital and Information Officer. Vampire

Rahul Arora
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Ather Energy Name Anjani Kumar as Chief Digital and Information Officer. Vampire

Ather Energy Limited has announced the appointment of Anjani Kumar, which is effective on May 30. In his new role, Kumar will be responsible for shaping and executing the company’s digital strategy, which takes care of technology infrastructure during product development, manufacturing and customer experience.

The appointment comes at a significant time because Ather Energy makes its product lineup wider and examines the new business model with a strong attention on software integration. Kumar will lead major digital functions including webtech, IT and security, manufacturing execution system, business intelligence and digital engineering.

Bringing 24 years of expertise in digital changes and IT innovation, Kumar has worked in various fields such as motor vehicle, technology, logistics, pharmaceuticals and financial services. Their previous leadership roles distinguish out organizations such as IBM, Nissan, Cognizant, Strides Pharma and Tata AIG.

“We grow rapidly as an outfit, with many products, new business models and deep software integration, the complexity increases naturally,” said Executive Director and CTO Swapnil Jain in Ather Energy. “The construction of a strong system with a backbone to take advantage of AI on top of enterprise data is going to be important for our development.”

Kumar has obtained a post graduate degree in marketing and management from Kelly School of Business, Indiana University and a bachelor’s degree in Mechanical Engineering from NIT Rourkela. He has received leadership awards including ‘Digital Leader of the Year’ and ‘India’s Top CIO’.

Established in 2013 by Tarun Mehta and Swapnil Jain, Ather Energy has two products lines: Ather 450 performance scooter and Ather Rizta Family Scooter. It pioneered India’s first two-wheeler fast charging network, Ather Grid, with 3,611 Chargers established globally till March 2025.

The company has a strong IP portfolio with 309 trademarks, 203 designs and 47 patents worldwide. Posted as a tech-powered electric two-wheeler manufacturer, Ather focuses on digital integration and data-operated operations amidst India’s increasing demand for durable durability.

Atheron Energy Partners with Infineon Technologies to promote EV performance in India. Vampire

Rahul Arora
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Atheron Energy Partners with Infineon Technologies to promote EV performance in India. Vampire

Ather Energy has entered a strategic partnership with Infinon Technologies to pursue semiconductor integration in its electric scooter and charge infrastructure. The MoU signed in Seoul, South Korea, prepares cooperation for the Indian EV market on a series of microcontroller, sensor and power management solutions.

The purpose of the partnership is to increase energy efficiency, accelerate charging speed and improve the reliability of the overall system in two-wheelers of Ather. The infineon will contribute to state-of-the-art technologies including silicon carbide, gallium nitride components and automotive-grade sensors to raise display and safety standards.

Swapnil Jain, Executive Director and CTO of Ather Energy stressed that cooperation aligns with the company’s engineering philosophy of maximizing the system efficiency, reducing the complexity. He highlighted Infinon’s semiconductor expertise as a major environment for charging, safety and progress in core vehicle systems in Ather’s product lineup.

Peter Shefer, Executive Vice President of Infinon, highlighted India’s position as one of the fastest growing electric vehicle markets globally. He said that the partnership would contribute to India’s target of securing 30 percent of the sales for electric vehicles by 2030.

In 2013, the Ather Energy, established by Tarun Mehta and Swapnil Jain, operates two main product lines: Ather 450 series for performing-centered customers and Ather Resetta series for family convenience. The Bangalore-based company established India’s first two-wheele fast charging network called Ather Grid.

As of March 2025, Ather has set 3,611 charging points globally, including 3,578 in India and 33 in Nepal and Sri Lanka. The company has 309 registered trademarks, 203 registered designs and 47 patents, with additional applications pending.

Infineon Technologies, headquartered in Germany, generated a revenue of about 15 billion euros in FY 2024 and employed about 58,060 people worldwide. The company specializes in semiconductor solutions for the power system and the Internet of Things application.

India’s electric two-wheeler market has experienced significant growth as consumers seek an option of traditional petrol scooters amid growing fuel costs and environmental concerns. The government has implemented various incentives to promote the adoption of electric vehicles, including subsidy and tax benefits for manufacturers and buyers.

The partnership represents the continuous expansion of Infinonon in the Asian electric vehicle market, where the company is seeking opportunities to supply semiconductor solutions to local manufacturers. For Ather, cooperation provides access to advanced chip technologies that can help to separate its products rapidly into the competitive market.

The two companies indicated that the partnership would detect sensing and safety innovations to improve the performance and user experience of the vehicle, although the specific time -line for product integration was not disclosed.

EV leasing emergence in urban India: 5 platform charge chief | Vampire

Rahul Arora
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0
EV leasing emergence in urban India: 5 platform charge chief | Vampire

With rapid traction of electric mobility in India, EV is emerging as a sports solution for urban travelers on lease. Unlike the ownership of the traditional vehicle – which often requires heavy upfront payments and permanent financing – provides a more economical and adaptable option on a large scale. This model is especially appealing for individuals, fleet operators and final-meal distribution services, allowing electric vehicles to be enabled widely without significant capital investment. As a result, EV leasing is playing an important role in making durable transport more accessible and inclusive in various income groups.

This change is being powered by a new generation platforms that combine technology, innovative financing and partnership with vehicle manufacturers to simplify EV adoption. These solutions often include minimal safety deposits, monthly lease payments, and price-added services such as real-time fleet tracking and maintenance assistance. Some of the largest cost components are addressing one of the largest cost components – batteries – by offering a battery lease model that reduces the financial obstruction for entry.

Others focus on the sewn financing for electric two- and three-wheelers, or provide loans for EVS at particularly competitive rates and with minimal documentation. These approaches not only reduce the cost of ownership, but also intensifies infections in cleaner, greenery cities. As Urban India wants to score its electric mobility efforts, EV leasing is proving to be an important environment of adoption widely.

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.

To lease 7,500 electric scooters with Exicon International with Wardwizard Innovation and Mobility Signs MoU. Vampire

Rahul Arora
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0
To lease 7,500 electric scooters with Exicon International with Wardwizard Innovation and Mobility Signs MoU. Vampire

Wardwizzard Innovation and Mobility Limited (WIML), a major electric vehicle manufacturer, known for his brands ‘Joy E-Way’ and ‘Joy E-Rick’, has signed a strategic memorandum with Xicon International Ltd., a Mumbai-based engineering and manufacturing firms and a subsidiary of the manufacturing firms and a subsidiary of Caesar Corporation.

As part of the agreement, Xicon will lease a 7,500 electric scooter from Wardwizard to support its forest in electric mobility space, focusing on final-meal distribution solutions. This partnership not only marks the entry of XICON’s EV segment, but also strengthens its diverse portfolio, which spreads power, telecom and infrastructure sectors.

Under the agreement, Xicon has ordered to lease 7,500 units of Wolf+ model of Wardwizard for the financial years 2025–26 and 2026-27. This mass deployment will begin in major metropolitan cities including Mumbai, Ahmedabad, Delhi and Pune, placing to expand other areas as the operation scale. The MoU outlined a wide outline for the signs, operations and maintenance of electric scooters, which focuses on increasing distribution efficiency by promoting environmentally friendly transport. This initiative has been designed to integrate smart, environmentally friendly and cost-effective mobility solutions within the increasing operation of Xicon in urban logistics, especially targeting the last-meal distribution area.

As part of the agreement, the wardwizard will lease the scooter to Xicon and ensure an uptime assurance for all vehicles. Wardwizard will also set up service-cum-charging stations and manage all necessary spare parts, batteries and technical support.

Mr. Yatin Gupte, Chairman and Managing Director, Wardwizard Innovation and Mobility Limited, said, “In Wardwizard, we are committed to accelerating the adoption of power in India through strategic participation and innovative business models. Put contribution to India’s big goal of sustainable urban dynamics.

Talking about the association, Ms. Lyla Mehta, director of XICON International Limited, said, “With wardword, this MoU marks a significant moment for the creation of more durable and effective distribution systems in our mission. Through this association, Xicon is actively electrifying its fleet and is contributing to those signs of continuity. Cheap option for miles.

Operationally, Xicon will manage vehicle allocation, third-party distribution tie-up, app development and marketing initiative to ensure maximum use. Rider training will be done jointly by both companies. In terms of branding, all service centers and stores will be co-branded, and wardwizard innovation and mobility will provide demo units for promotional activities. In addition, wardwizard innovation will ensure all the scooters on lease and will oversee any claim process.

This participation takes forward an important step in view of creating a strong electric mobility ecosystem of wardwizard and confirms the company’s commitment to provide clean, skilled and scalable EV solutions across India.

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