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BYD India announces price revision for BYD SEALION 7 effective January 1, 2026 |

BYD India, a subsidiary of BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, has announced a price increase of ₹50,000 for the BYD SEALION 7 Premium Edition, effective January 1, 2026. The Performance edition will continue at its current price, with no revisions announced.

To ensure transparency and provide plan certainty to customers, BYD India has confirmed that all bookings made on or before December 31, 2025, will be honored at the prevailing ex-showroom prices. This gives potential buyers an opportunity to secure the BYD SEALION 7 before the price revision.

New ex-showroom prices effective from January 1, 2026

VariantOld ex-showroom priceNew ex-showroom priceSEALION 7 Premium (82.56 kWh)₹48,90,000₹49,40,000SEALION 7 Performance (82.56 kWh)₹54,90,000₹54,90,000

The price adjustment reflects continued investment in technology, security and customer experience infrastructure while strengthening long-term product value for customers.

Mr. Rajeev Chauhan, Head of Electric Passenger Vehicle (EPV) Business at BYD India, said, “The updated pricing reflects the emerging cost dynamics while providing an attractive premium electric SUV proposition to customers. BYD SEALION 7 remains a strong value offering, supported by its advanced electric architecture, high performance and comprehensive safety package. Since launch, BYD SEALION 7 has crossed 2,300 units in sales across India, reinforcing the growing acceptance and demand. is in the market for a premium electric SUV.”

Further strengthening its premium position, BYD India has been recognized for excellence in battery technology by Motoring World, highlighting BYD’s leadership in advanced and safe EV battery innovation. BYD SEALION 7 has also been awarded the Luxury Mid-Size SUV – The One That Matters (TOTM) award by Eko Drive, reinforcing its strong appeal among discerning premium electric SUV customers in India.

Built on BYD’s cell-to-body (CTB) architecture and powered by a blade battery, BYD SEALION 7 offers advanced structural safety, cabin space and driving dynamics. The model has an 82.56 kWh battery pack, and has a 5-star Euro NCAP safety rating. The Performance variant produces 390 kW of power and 690 Nm of torque, which accelerates from 0-100 km/h in 4.5 seconds. The premium version produces 230 kW and 380 Nm with 0-100 km/h acceleration in 6.7 seconds. The certified range figures rise to 567 km (NEDC) on a full charge.

Along with the pricing update, BYD India continues its customer-centric program – One BYD Infinite Connections, a unique customer satisfaction initiative that offers select winners an opportunity to visit BYD’s NEV innovation and testing facilities in Zhengzhou, China. The program reinforces BYD’s focus on building long-term customer relationships and rewarding loyalty.

BYD India currently provides sales, service and charging guidance to customers through an expanded national network of 47 showrooms across 40 cities.

Globally, BYD has sold more than 15 million NEVs, reducing more than 121 billion kilograms of CO₂ emissions by 30 November 2025 – equivalent to the emissions absorbed by approximately 2.03 billion trees in a year. The company’s leadership in sustainable mobility is reflected in its inclusion among the top 10 most valuable global automotive brands by Kantar BrandZ and ranking at #91 on the 2025 Fortune Global 500 with a brand value of US$14.4 billion.

As BYD India moves forward, the company is committed to accelerating electric vehicle adoption, reducing environmental impact and keeping customers at the center of its growth strategy.

Renault Filante Record 2025 creates history: New record for EV range by traveling 1,008 km on a single charge.

Renault Filante Record 2025 Has Made History Setting A New Ev Range Record By Traveling 1008 Km On A Single Charge – Renault Filante Record 2025 Has Made History Setting A New Ev Range Record By Traveling 1,008 Km On A Single Charge.

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Renault Filante Record 2025 Has Made History Setting A New Ev Range Record By Traveling 1008 Km On A Single Charge

JSW MG Motor India extends guaranteed buyback period to five years, easing EV ownership concerns –

JSW MG Motor India has announced an industry-first initiative to make electric vehicle ownership more predictable and stress-free, becoming the first automotive brand in the country to extend the guaranteed buyback period for electric vehicles to five years from the existing three years. The new ‘Guaranteed Buyback’ scheme guarantees a fixed resale value at the end of a selected ownership period, addressing one of the biggest concerns for potential EV buyers – long-term value and depreciation.

Under the enhanced plan, MG EV customers can now opt for guaranteed resale value after three, four or five years depending on the chosen plan. This builds on the company’s previous commitment to buy back 60% of the shares after three years and operates independently of any financial or lending programs. Even existing MG ZS EV owners are eligible, as long as their vehicle is not more than three years old or the mileage is within the stipulated annual limit, a first in the country.

Speaking on the initiative, Mr. Anurag Mehrotra, Managing Director, JSW MG Motor India said that the plan reflects the brand’s continued focus on customer-centric innovation. He noted that resale value remains a key hesitation issue for many EV buyers, and the MG Value Promise program gives customers peace of mind by allowing them to choose a tenure of three to five years with a guaranteed resale value. The initiative is expected to enhance trust in electric vehicles and support wider adoption of electric vehicles in India, he added.

The program provides customers with the flexibility at the end of the tenure to choose to keep the vehicle, surrender the vehicle or upgrade to a new MG model. By reducing the uncertainty of depreciation, the initiative also makes it easier for customers to plan for future upgrades while enjoying greater financial predictability during ownership.

The guaranteed buyback scheme is promoted by Lockton India Insurance Broking and Advisory Ltd in partnership with Zuno General Insurance. Shanai Ghosh, Managing Director and CEO of Zuno General Insurance, said the partnership is in line with the insurance company’s vision to build a future-proof, digital-first EV insurance portfolio that simplifies and secures long-term EV ownership.

Mr. Sandeep Dadia, CEO and Country Head, Lockton India said that as EV adoption accelerates, customers are looking for greater clarity and confidence in ownership outcomes. The extended guaranteed buyback program is designed to deliver predictable value in a transparent manner, helping customers plan their EV journeys with greater certainty, he added.

As India’s EV ecosystem continues to evolve, supported by improved infrastructure, technological advancements and rising consumer awareness, initiatives such as MG’s extended guaranteed buyback are expected to play a key role in lowering barriers to EV adoption and boosting confidence in EVs in India.

Tata Motors and Vertelo sign MoU to provide attractive leasing solutions for electric commercial vehicles –

Tata Motors and Vertelo announced the signing of a Memorandum of Understanding (MoU) to make electric commercial vehicles more accessible to customers across the country. Through this partnership, Vertelo will provide customized leasing solutions to help fleet owners make a smooth transition to sustainable transportation. The solution will be available across Tata Motors’ entire electric commercial vehicle portfolio.

Tata Motors Executive Director Girish Wagh and Vertelo CEO Sandeep Gambhir along with representatives of both companies attended the MoU signing ceremony

Commenting on the news, Rajesh Kaul, Vice President, Commercial Vehicles and Head, Trucks, Tata Motors said, “Tata Motors is committed to democratizing electric mobility and ensuring that sustainable transportation solutions are accessible to all customers. This partnership with Vertelo marks an important milestone in this journey and enables wider access to our advanced electric commercial vehicles. Through such collaborations, we not only accelerate the adoption of sustainable transportation solutions but also contribute to the growth of a strong electric vehicle ecosystem in India.”

Commenting on the partnership, Sandeep Gambhir, CEO, Vertelo said, “We are delighted to join hands with Tata Motors to accelerate the adoption of electric commercial vehicles across a range of electric commercial vehicles, including buses, trucks and mini-trucks. This partnership will facilitate customized leasing solutions and facilitate the creation of a sustainable ecosystem, making electric vehicles a natural choice for commercial fleet operators. This partnership will enable Tata Motors and Vertelo to accelerate the adoption of electric commercial vehicles and create eco-friendly mobility solutions at scale.”

Tata Motors offers Tata Ace EV in the last mile mobility segment and Tata Ultra and Tata Starbus range in the mass mobility solutions segment. The company also showcased Tata Prima E.55S, Tata Ultra E.12, Tata Magna EV bus, Tata Ultra EV 9 bus, Tata Intercity EV 2.0 bus, Tata Ace Pro EV and Tata Intra EV, catering to a wide range of applications and customer needs across product lines. With a strong focus on innovation and sustainability, Tata Motors continues to expand its electric commercial vehicle portfolio to include trucks, buses and small commercial vehicles. Tata Motors is leading India’s sustainable transportation revolution, supported by evolving charging infrastructure, a robust service network and Fleet Edge, a connected platform for optimizing fleet uptime and costs.

Piaggio partners with RiseWise Capital to provide battery replacement financing for e-3W –

Piaggio Vehicles Private Limited (PVPL), a 100% subsidiary of Italian automotive giant Piaggio Group and a pioneer in small passenger cars and commercial vehicles in India, has announced an exclusive partnership with RiseWise Capital, a leading fintech company specializing in customized mobility financing. Through this partnership, Piaggio launches the first battery replacement financing program for its electric three-wheeler (3W) customers, making electric vehicle ownership easier and more affordable.

This pioneering initiative provides up to 100% financing for battery replacement after three to four years of vehicle life, covering customers across RiseWise Capital’s operating regions (Maharashtra, Gujarat, Chhattisgarh and Karnataka). It will be gradually expanded to other parts of India. Through this partnership, Piaggio and RiseWise aim to ensure customer fleets run smoothly while maintaining positive turnover without battery charges or downtime.

This pioneering initiative enables Piaggio electric tricycle customers to replace the battery after three to four years of vehicle use and receive 100% financing for the new battery. The program is designed to make EV ownership affordable and operations seamless, addressing one of the major issues for commercial EV operators: battery replacement costs. Customers can obtain financing through authorized Piaggio 3W dealers and use their vehicles as collateral to repay at affordable and reasonable interest rates with repayment terms of up to 24 months. This ensures businesses can maintain fleet uptime, continue to operate efficiently and manage cash flow without the financial burden of costly battery replacements.

Mr. Diego Graffi, Chairman and Managing Director of Piaggio Vehicles Pvt., spoke at the meeting. Ltd. said, “At Piaggio, we continue to lead the way in the electric vehicle space with a focus on customer-centric innovation. This first-of-its-kind battery replacement financing service in India underlines our commitment to making electric vehicle ownership simpler, more reliable and financially viable. By exclusively partnering with RiseWise Capital, we enable commercial electric vehicle operators to sustain their operations without worrying about battery replacement costs. We believe this initiative will set a benchmark for the electric three-wheeler industry and accelerate the adoption of electric vehicles across the country.

Speaking on the occasion Ms. Tejal Bhartiya, Managing Director & CEO, RiseWise Capital Pvt Ltd. – Piaggio’s partnership with RiseWise Capital makes battery replacement simple without imposing high upfront costs on customers. It is designed to give you peace of mind by ensuring affordable and hassle-free battery replacement while maintaining continuous uptime of your 3W electric vehicle for uninterrupted business operations.

Mr. Sham Jagtap, Executive Director, RiseWise Capital Pvt Ltd said: Piaggio’s strong EV portfolio and credibility in the industry make this partnership impactful and can help businesses minimize downtime and scale sustainably. Together we are working to set new standards for electric vehicle finance in India. RiseWise Capital, Piaggio’s battery financing partner in India, has launched the country’s first battery replacement financing program.

Key Features of Battery Replacement Financing Program:

After 3 to 4 years of vehicle usage (end of life of the first battery), customers can get financing up to 100% of the battery invoice value Flexible 24-month repayment plan with an interest rate of 10.99% The existing Piaggio 3W EV will be used as collateral for the loan Battery replacement insurance is mandatory and facilitated through authorized Piaggio dealers or partners Multiple repayment options available through ECS, NACH or UPI Automatic payments

Electric Two-Wheeler Sales 2025: Record sales in electric two-wheeler market, TVS becomes number-1, Ola’s reign ends.

Record Sales In The Electric Two Wheeler Market TVS Becomes Number One Ending Ola’s Dominance – Record Sales In The Electric Two Wheeler Market, TVS Becomes Number-1, Ola’s Dominance Ending. Navbharat Live

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Record Sales In The Electric Two Wheeler Market Tvs Becomes Number One Ending Olas Dominance

VinFast wins multiple automotive awards in India

Vinfast Auto India, the Indian arm of global electric vehicle manufacturer Vinfast, has bagged multiple awards at India’s three leading automotive awards platforms – ACKO Drive Awards 2026, Gaadiwadi Editors’ Choice Awards 2026 and Motorscribes Auto Awards 2025.

These recognitions highlight the strong support of industry experts for Vinfast’s product quality, design excellence, advanced technology and its clearly defined long-term investment strategy in India. These awards underline the brand’s rapidly growing credibility in the world’s third largest automotive market.

At the ACKO Drive Awards 2026, the VinFast VF 7 was crowned “Mid-Size SUV of the Year”, impressing the jury with its overall package as a modern family SUV. Organized by ACKO Drive, one of India’s leading automotive content platforms, the awards are judged by a panel of senior industry experts after an extensive and rigorous evaluation process.

Meanwhile, at the Gaadiwadi Editors’ Choice Awards 2026, the WinFast VF6 was awarded the “Value-for-Money Package of the Year” award. The model was recognized for its good balance of performance, technology features, modern interior design and competitive pricing, establishing it as a strong choice for value-focused Indian customers. Gaadiwadi Editors’ Choice Awards is organized every year by Gaadiwaadi, one of India’s most trusted automotive news platforms, to honor the outstanding products in the market.

At the Motorscribe Auto Awards 2025, VinFast scored a double win, being named “Electric Vehicle Manufacturer of the Year”, while the VF7 received the “Electric Vehicle of the Year” award. The honor recognizes VinFast’s long-term vision and the strong value proposition of its electric vehicle lineup. The Motorscribe Auto Awards are judged based on input from a jury panel and community engagement, offering a balanced reflection of expert assessment and real-market feedback.

The latest awards add to VinFast’s growing list of recognitions in India, which include the “Most Anticipated New Car” award from ABP Live News, the double honor of “Electric Vehicle Manufacturer of the Year” and “EV Disruptor of the Year” at the Jagran Hi-Tech Awards, as well as the “Design of the Year” award at the Zee Media Auto Summit.

Mr. Tapan Ghosh, CEO, VinFast India, said: “Being recognized at the ACKO Drive Awards, Gaadiwadi Editors’ Choice Awards and MotorScribe Auto Awards is a meaningful milestone for VinFast as we accelerate our expansion in India. These awards reflect the market’s growing confidence in our long-term investment strategy, product capabilities and vision to develop a comprehensive electric mobility ecosystem. We look forward to expanding our presence to provide a world-class electric vehicle experience to customers across the country. “We will continue to expand and invest in manufacturing and services.”

Mr Siddharth Vinayak Patankar, Editor, ACKO Drive, said: “The VinFast VF7 fulfills the brief for a modern family SUV in India, and has consistently scored high across all parameters: performance, comfort, efficiency, safety and value. This award underlines VinFast’s seriousness about the Indian market and the growing maturity of India’s mid-size SUV segment.”

Mr Gaurav Yadav, Editor, GaadiWaadi.com, said: “VinFast has demonstrated a clear and strategic understanding of the Indian EV market with the VF 6. The model has been priced and packaged intelligently to meet the expectations of value-conscious but tech-savvy customers. With a competitive driving range, modern features and an overall well-rounded proposition, the VF 6 offers a strong balance of affordability, innovation and everyday utility.”

Mr Vikram Gaur, Editor, Motorscribe, said: “A key differentiator for Vinfast is its Tuticorin manufacturing facility, which is already operational and producing both the VF6 and VF7 locally. As the plant expands to include two-wheelers and buses, it is set to play a meaningful role in employment generation and strengthening the local manufacturing ecosystem. The VF7 is popular for its attractive design, strong build quality, impressive real-world range and highly It stands out for its competitive price point, making it an attractive option for Indian families looking for a comfortable, reliable and stylish electric SUV.

As it ramps up operations in India, VinFast is building a comprehensive electric vehicle ecosystem encompassing manufacturing, retail, charging infrastructure and after-sales services to provide a seamless ownership experience. The foundation of this long-term strategy is Vinfast’s 160 hectare manufacturing complex in Thoothukudi, Tamil Nadu, which is currently assembling the premium SUV models VF6 and VF7 in their initial phase. There are plans to expand this facility by an additional 200 hectares to support electric bus and electric two-wheeler programs in the future. In parallel, VinFast is working with banks and service partners in India to develop financing solutions, infrastructure, aftersales services and a circular battery value chain, contributing to the advancement of green mobility in the world’s third largest automotive market.

V-Green partners with HPCL to develop EV charging infrastructure at fuel stations in India.

V-Green has entered into a strategic partnership with Hindustan Petroleum Corporation Limited (HPCL) to jointly develop Electric Vehicle Charging Stations (EVCS) across HPCL’s wide network of fuel retail outlets in India.

Under the collaboration, V-Green will leverage HPCL’s nationwide fuel station footprint to deploy EV charging infrastructure in key markets. The initiative aims to enhance the overall EV user experience, accelerate the adoption of electric mobility in India and support the long-term growth of VinFast and HP e-Charge brands in the country.

HPCL is one of India’s largest state-owned oil and gas corporations, operating over 24,400 retail outlets across the country and over 5,300 electric vehicle charging stations under the HP e-Charge brand.

The agreement assumes strategic importance as India accelerates its transition towards green transportation. HPCL’s existing retail outlet footprint provides a strong platform for accelerated EV charging infrastructure deployment and seamless nationwide expansion.

V-Green Global Charging Station Development Company, Vietnam was established by VinFast’s founder, Mr. Pham Nhat Vuong, with the aim of investing in and developing charging infrastructure systems to provide support for VinFast’s rapid global expansion, with India as one of its key markets. In Vietnam, V-Green has established its leading position and capabilities by operating approximately 150,000 charging ports across the country and continuously partnering with several partners to expand its network.

The collaboration with HPCL represents the next step in the collective efforts of V-Green, VinFast and their partners to build a comprehensive EV ecosystem in India encompassing manufacturing, charging infrastructure, after-sales services and battery recycling. It is considered an important foundation for realizing the goal of promoting widespread electric vehicle adoption and sustainable transportation in the world’s third-largest automotive market.

5 Startups That Changed The Way India Thinks About EV Ownership In 2025

2025 marks a turning point in India’s electric mobility journey, fundamentally reshaping the way EV ownership is understood and adopted. The conversation moved beyond simply purchasing electric vehicles or installing charging infrastructure to a deeper, more practical question: How can EVs be made affordable, scalable, and viable for everyday commercial use?

A new wave of Indian startups responded to this challenge by redefining ownership. Instead of positioning EVs as expensive assets, these innovators introduced models where electric mobility became a service, an energy solution, and an operational tool – designed based on use rather than possession.

By breaking high upfront costs into predictable monthly payments, separating batteries from vehicles, and embedding software into fleet operations, these startups unlocked EV adoption for delivery fleets, driver-entrepreneurs, logistics players, and enterprises that had long remained on the edge of the EV transition.

Together, these five startups not only sold electric vehicles – they also changed the economics, psychology and practicality of EV ownership in India.

What really set these startups apart was their focus on real-world constraints – cash flow pressures, fleet uptime, access to credit and resale uncertainty – and not just aspirational sustainability stories. Their model blends leasing, flexible financing, battery-as-a-service and data-based fleet management to reduce risk for users while improving utilization and lifetime value. In doing so, they quietly built the financial and operational infrastructure needed to electrify fleets on a large scale, especially in the last-mile and commercial sectors. Together, these innovators helped redefine EV ownership in India as a flexible, service-driven experience – an experience where accessibility, affordability and efficiency matter more than holding the keys.

Game Changers of EV Leasing

ALT Mobility

ALT Mobility is an EV leasing platform specializing in fleet management across seven cities. The Delhi-based startup offers easy financing for EV-as-a-service and last-mile delivery with zero upfront cost. By paying a small security deposit and a monthly lease, you can save up to 20 percent on monthly expenses. In partnership with 8+ OEMs like Piaggio and Euler Motors, ALT Mobility also offers a Fleet OS app for real-time vehicle and fleet monitoring.

RevFin:

RevFin, one of the top online consumer loan platforms, works to increase financial inclusion in India. Through its cutting-edge technologies and unconventional data analysis, Revfin provides easily accessible loan solutions to people. Revfin has recently expanded its offering into the 4W EV market, by collaborating with Zapit to offer airport pickup services. Additionally, it has expanded its financing options and established a micro secondary market for EVs by working with other EV manufacturers and leasing firms.

energy mobility

UrjaMobility is a brand owned by New Delhi based MTOW Mobility Pvt. Ltd. This energy centric company focuses on working towards easy EV ownership and believes that “Battery is the new fuel” and it is this belief that it offers battery leasing for the commercial category for Electric Two Wheeler (L2), Electric Three Wheeler (L3, L5) and converts this upfront cost for the battery (energy) into an easy MLV (Monthly Lease Value).

ecofi

Ecofi, India’s only green NBFC, supports sustainable initiatives by offering affordable, hassle-free EV loans with minimal documentation and competitive interest rates. Financing up to 90 per cent of the vehicle’s on-road price at 1/6th the cost per km compared to diesel, ecofi is becoming a major player in EV financing. In partnership with brands like Ather, Mahindra and Ola Electric, Ecofi provides financing for electric two-wheelers and three-wheelers to both the individual and corporate segments.

Greaves Finance

Greaves Finance Limited, through its 100% EV-focused lending platform EVFin, is India’s only EV-focused non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Limited. With a mission to democratize the EV experience, Greaves Finance Limited, under its platform EVFin, offers innovative financing solutions specifically tailored to electric vehicle ownership, supporting the growth of sustainable mobility in India.

Conclusion: From ownership to access, assets to services

The startups that emerged in 2025 were successful because they aligned electric mobility with how India actually uses vehicles – high usage, low margins and reliance on daily income. By redesigning ownership around access, uptime and affordability, they unlocked EV adoption where it mattered most.

As India moves towards its long-term electrification goals, these business models are likely to influence not just startups—but also OEM strategies, financing norms, and the future shape of mobility.

UNO Minda launches 2W EV-specific rear view mirror for the Indian aftermarket.

With the rapid adoption of electric two-wheelers across India, rider safety and road visibility have emerged as important priorities – especially in increasingly congested Tier-I and Tier-II cities. Increasing traffic density and a steady increase in two-wheeler accidents have increased the need for safer, more reliable aftermarket components for EV riders.

Keeping these growing safety requirements in mind, UNO Minda, a leading name in India’s automotive components and aftermarket space, has introduced its EV-range Rear View Mirror (RVM) specifically designed for electric two-wheelers.

The newly launched 2W EV RVM features shatterproof mirror construction, engineered to reduce the risk of injury in the event of accidental impact. Equipped with a premium-grade reflective surface, the mirror provides clear and wide field of view, significantly enhancing rear visibility during daily commutes, heavy traffic conditions and low-light or night-time riding.

Built for long-term performance, the RVM is manufactured as per OEM standards, assuring its reliable performance and long-lasting durability. To support ease of use, RVM offers hassle-free fitment, recommended by expert mechanics for easy and quick installation in compatible 2W EV models. The RVM is available in Classic Black and body-color variants, meeting both the functional and aesthetic preferences of modern 2W EV riders.

Commenting on the launch, Mr. Anand Kumar, Vice President – ​​Sales & Marketing (Aftermarket), UNO Minda Ltd. said, “Safety remains one of the biggest concerns for two-wheeler drivers, especially amid increasing road congestion and unpredictable riding conditions. The new UNO Minda 2W EV range rear view mirror has been developed with a clear focus on providing a safe ride with enhanced rear visibility for electric two-wheeler users.

As the EV segment continues to grow, we are committed to introducing advanced safety-focused components tailored to its unique requirements. This RVM features a shatterproof mirror design, superior optical clarity, and OE-grade durability – giving riders more confidence on the road.

Manufactured using high-grade ABS material and advanced powder-coated rods, the mirror offers strong resistance to harsh Indian operating conditions including heat, dust, rain and vibration. With superior materials and a wider field of view, the 2W EV range RVM not only enhances the overall riding experience but also strengthens the safety standards that today’s EV riders expect. At UNO Minda, every product is engineered to provide reliability and peace of mind, and this launch is a meaningful step in that direction.

UNO Minda 2W EV Range Rear View Mirror is available with one year warranty at an MRP of Rs 247-300 across leading offline retail outlets and online platforms including Amazon, Flipkart and Unomindakart.