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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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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.

Exicom Unveiling Harmony Direct 2.0: Establishment of new standards in EV charging reliability and efficiency. Vampire

Rahul Arora
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0
Exicom Unveiling Harmony Direct 2.0: Establishment of new standards in EV charging reliability and efficiency. Vampire

A prominent name in India’s EV charging and critical power solutions sector has officially launched the Harmony Direct 2.0-its next generation DC Fast Charger. Engineer for unmatched reliability, increased operational efficiency, and an elevated user experience, Harmony Direct 2.0 is designed to solve important challenges in EV adoption.

Charger was introduced in 2.0, a high-energy industry phenomenon, organized by Exicom, indicating a major jump in India’s EV charging scenario. With the smart station focusing its focus on economics and future performances, the Harmony is an important milestone in the direct 2.0 country trip to a strong and scalable EV infrastructure.

Harmony is the first indigenously developed charger operating system in the heart of the Hormony Direct 2.0, India’s first indigenous developed. Harmony gives intelligence information in the OS core, which automatically automatically automatically for charger-to-car-to-cloud interaction for unmatched control, adaptation and confidence. The charger is specificly equipped with A-S) hormony connect to sensor-based diagnostics and remote charger management, which minimizes downtime and maximizes the reliability of the station.

“The reliability and trusts are central to accelerate EV adoption in India,” Anant Nahta, Managing Director and CEO, said Akikom. “With the Harmony Direct 2.0, we have engineered a product that transferred traditional charging solutions, and determines a new standard for user experience with the strength of the infrastructure, operational economics and intuitive knowledge. This product reflects our deep understanding of global technology trends and local market demands, which strengthens our commitment to our ecosystems of India, which strengthens our evil understanding of India’s Eve Ecostermism. Is.”

While further highlighting the technology, Anhanuman Divyeshu, CEO, EVSE Business, Axicom, said, “Hormony Direct 2.0 is carefully designed to give extraordinary efficiency and operational intelligence, which bring the characteristics that bring out the characteristics and fleet operators that will help them the most. This product will help them.”

Harmony introduces groundbreaking efficiency through dynamic load sharing between direct 2.0 plugs. Through smart power handling, the charger also deal with the issue of reactive damage, thus significantly reduces energy costs. Additionally, it debuts Peerless Harmony Net Technology, and intelligent in many chargers enables sharing real -time power, which enhances flexibility and scalance for charge point operators. Additionally, its multi-stack charging functionality takes smart charging at the next level, enabling several fine logics. Built around the user feature, it has a spontaneous, smartphone-like user interface, coupled with ergonomic cable and connector design, which ensures spontaneous handling for all users, including fleet operators and individual EV drivers.

As India increasingly moves towards achieving its ambitious EV adoption goals, infrastructure credibility will be a definite way of success. With Harmony Direct 2.0, Exicom is at the forefront of this change, provides a infrastructure solution that not only meets today’s requirements, but is also ready for tomorrow’s challenges.

Xiaomi EV unveiled the U7 SUV, sales sets to start from this July. Vampire

Rahul Arora
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0
Xiaomi EV unveiled the U7 SUV, sales sets to start from this July. Vampire

Xiaomi EV has unveiled its first SUV, Xiaomi Yu7. Located as a high-demonstration luxury SUV, the U7 is designed for independent, confidence and dynamic individuals. Unlike having just a long version of Xiaomi SU7, Yu7 is a fully re -designed SUV manufactured from the ground. Although it shares the same evolutionary design language as the SU7, Yu7 stands out with its own bold identity – elegant style with the magnificent interior room, powerful performance and a gampering of premium comfort. Additionally, it incorporates state -of -the -art intelligent technology, providing a refreshing experience in design, cabin comfort, safety and smart features. Xiaomi Yu7 releases a unique attraction that separates it in its section.

As the second model of Xiaomi Ev and the first SUV, Xiaomi Yu7 has inherited the brand’s commitment to “beauty” as a main product gene. While maintaining the family design language and elegant attitude of the Xiaomi SU7, Xiaomi Yu7 enhances its excellent appeal, ensuring that it stands with its extraordinary appearance easily in the urban landscape.

Xiaomi Yu7 is a middle-to-middle SUV measuring 4999 mm (length) × 1996 mm (width) × 1600 mm (height) with 3000 mm walbase. This reflects the dedication of the brand for the correct ratio, with a 3: 1 wheel-to-body ratio, a 2.1: 1 wheel-to-hit ratio, and 1.25: 1 width-to-height ratio, which captures the classic low-lightening stones of high-performing SUVs. Luxury highlights include an ultra-superak 1: 3 head-to-body ratio and a 680 mm L113 measurement (distance from front wheel center to brake pedal), a hallmark of motor vehicle elegance developed in a century. After comprehensive refinement, 3.11 the chlamyshell aluminum hood (1960 × 1587 mm)-is originally integrated into the largest-body among vehicles produced on a large scale. Below, a 141-liter electric front trunk provides up to eight different opening mode. Alternative 275 mm rear wide tires added to sporty wheel arches further enhance the dynamic and high-demonstration looks of the SUV.

Xiaomi Yu7 shows the design of a sophisticated family, with standout features with “waterdrop headlights” such as innovative hollow-out air channels, characterized by hood vents for increased lighting and a sharp, more aggressively connected. Its halo taillights have been updated with a cleaner, scalpted design and downward-angled corners, emphasizing a muscle rear profile with premium ultra-red lighting for better night visibility. The SUV also introduces an advanced electric-flush door handle system that remains flush with the body for better aerodynamics and aesthetics, automatically expands as users’ approaches and retracts smoothly after entry, expands both convenience and style.

The Xiaomi Yu7 features advanced aerodynamic engineering inherited from SU7, with 10-powered air channels, 19 customized vents, and more than 40 airflow treatment areas. Major elements such as a hollow spiiler, an active grill with 100 adjustable louver contribute to a low drag coefficient of a spontaneous chlameshell hood CD 0.245 – promoting the CLTC range by 59 km and setting up a benchmark between sports SUVs.

It also debuts three vibrant paint options: Emerald Green, Titanium Silver and Lava Orange. Highlight, Emerald is inspired by Green, Colombian Emeralds, uses a dual-layer system with ultra-fun aluminum flakes and adds a transitial pearl coat to make dynamic, light-north-color innings, a transitial pearl coat, SUV’s thunder adds to the design design.

The interior of Xiaomi Yu7 is designed for a combination of vastness, luxury and advanced techniques under its bold exterior, “dual-zone surround luxury cabin” concept. For this, the Central Industry-First Xiaomi is a hypervision panoramic display, which provides a visually refined and immersive technical experience. The cabin has dual zero-gurutvakarshan front seats and power-adjustable rear seats for top-level rest. Designed for space and openness, interior uses 100% soft-touch material, eco-conscious finish, and Oeko-Tex class 1 certified material for security security. Nappa leather seats with a sophisticated rock-grain texture are premium, touch.

Polstar 3 wins the best EV SUV of Top Gear and the year luxury car of chasing cars. Vampire

Rahul Arora
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Polstar 3 wins the best EV SUV of Top Gear and the year luxury car of chasing cars. Vampire

Polstar 3 has earned global recognition, recently won the year luxury car by chasing the best EV SUV and cars from the top gear of the BBC. These praise follow its 5-star Euro NCAP security rating, where it sets new benchmarks for hair safety.

It is observed for its striking designs, state-of-the-art EV technology, premium features, permanent materials and performance, Postar 3 has been continuously praised by the media since the beginning of 2024.

Earlier this month, at the top gear’s 2025 Electric Awards, where the editorial team selects the best EVS in the world, the magazine praised it for the best EV SUV, its technique, state -of -the -art solution, beautiful design, driving dynamics and purposes.

And this week, Polstar 3 crushed the entire SUV of his 2025 luxury car, chasing cars with Australian title in its trophy cabinet. Chasing the judges of the cars said: “Simply say, Postar 3 is a good electric vehicle, but a great luxury vehicle. It is one of the best performance SUVs on the market – full break – and easily one of the best new car release of 2025.”

Michael Lohsaler, CEO of Polesteer, says: “Appreciation for Poleste 3 only underlined the media and customers, just underlining our performance SUV. Design, technology, performance, safety and stability, Polstar 3 continues to set new standards in 3 segments and strengthens these latest awards.”

In April 2025, the Polstar 3 was awarded the 5-Star Safety Rating by the Euro NCAP, where it set new standards for child safety. The head SUV of the brand secured 93%score in the child protection category – the highest score of any passenger car tested by the Euro NCAP in the last nine years – and an adult living score of 90%, 79%to the weak road users, and the security aid system 83%.

Komaki launched Cat 2.0 Eco: Advanced, Cheap E-Scooter for modern riders. Vampire

Rahul Arora
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0
Komaki launched Cat 2.0 Eco: Advanced, Cheap E-Scooter for modern riders. Vampire

Komki Electric, a major EV brand, has its latest model, The Cat 2.0 Eco- an advanced and inexpensive electric utility scooter priced at INR 69,999. Modern India is designed to meet the growing transport and distribution demands, the purpose is to meet the needs of new-age riders with efficiency and innovation.

Designed as a rugged electric utility scooter, the vehicle has been introduced to redefine practical commuting and cargo transport in urban and rural scenarios. Covering a range of 110+ km, it promotes smart, durable and cost-effective final-meal distribution solutions. For food distribution, e-commerce logistics and catering for local business use needs, it comes with the advantage of ergonomic and strong design. It supports a well -reinforced frame and giant rear rack to carry heavy load safely.

CAT 2.0 Eco Houses Advanced LifePo4 Smart Batteryforce ensures quick recharge bicycles and long -lasting performances to ensure an extended battery lifestyle. In addition, the model also has a provision for economy mode, which is used for consumption of optimizingpower with the aim of covering long routes without compromising on performance. To further strengthen the offering, the vehicle has included a spontaneous digital interface to provide real -time updates on battery health, speed and trip matrix with the help of a smart display console.

Especially gig workers, small businesses and distribution fleets were launched, it requires low operating costs and is very easy to maintain at the same time. In addition, being committed to zero emissions, it has the least impact on the environment that does not compromise on reliability.

Speaking on the occasion, Gunjan Malhotra, co-founder of Komaki electric vehicles, said, “In Komaki, we have always admitted that the electric mobility should be accessible to all-from the computer to the hardworking delivery agent. Every lifestyle and livelihood.”

Komaki Cat 2.0 ECO can be purchased from authorized coma dealership and online Shop.komaki.in,

GSM launched XANH SM Platform, Laos started official distribution of Vinfast VF 3 and VF 5 EVS vampires

Rahul Arora
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0
GSM launched XANH SM Platform, Laos started official distribution of Vinfast VF 3 and VF 5 EVS vampires

Green and Smart Mobility Joint Stock Company (GSM), Southeast Asia’s first All-Electric Ride-Helling Service, the operator behind the SM has officially launched the XNH SM platform in Laos. Along with this launch, GSM also announced the official distribution of two Winfast Electric Vehicle Models – VF3 and VF5 in the Lotian market.

It marks Laos as the second international destination after Vietnam, where GSM is mixing its integrated model with electric vehicle distribution with eco-conscious riding-hyling services. The move represents a major milestone in GSM’s “Go Green Global” strategy, strengthening the company’s leadership in exporting Vietnam’s permanent transport ecosystem into a broader field.

After the operation of over a year in Viantiyane, Wang Wing, Sawanakhat and Champaasak, Zan SM has received strong support from Laotian customers. The service has traveled over 8 million electric kilometers, helping to reduce carbon emissions by an amount equal to an annual absorption of 70,000 trees. These results reflect both environmental impact and the receptivity of the local market to the GSM’s green mobility model.

Construction on this foundation, GSM is now launching the XANH SM platform-one open technology solution that strengthens the Vinfast VF 5 owners in Laos to become partners riding and generate permanent income.

A highly competitive revenue-sharing model offers up to 87% of the drivers who offer rent income up to 87%-the highest-Xanh SM platform not only ensures attractive earnings in the Lotian market, but also provides access to a large customer base through Xanh SM Ecosystem. Partners will benefit from comprehensive training programs aligned with international standards for green transport services.

Incidentally with platform launch, GSM also opened its first Winfast showroom in Laos, which is located in Kayon Fomine Road, Fakao Village, Zaithani district. The company officially started selling Vinfast VF 3 and VF 5 and launched, served as an exclusive distributor for Vinfast vehicles in GSM LAOS.

Vinfast VF 5 is a compact urban SUV, which is ideal for serving service with its huge interior, smart design and customized performance. It is listed in 450,297,000 KIP (approximately USD 20,690, VAT). Customers submitting before May 31, 2025 will get a direct discount of 9,794,000 KIP (USD 450) and enjoy 50% from charging fees for two years (till 30 June 2027). Alternatively, charging benefits can be converted to 1,000 cash discounts at a vehicle price. This brings the total incentive package to 31,558,000 kIPs (USD 1,450), which reduces the effective cost to only 418,740,000 KIP (USD 19,240).

The Vinfast VF 3 is a four-seat mini electric car designed for everyday personal use-Youva is perfect for drivers and first for car owners. The price of VF 3 is 269,656,000 KIP (USD 12,390, VAT). Early customers depositing by May 31, 2025 will get a discount of 5,440,000 KIP (USD 250) and a discount of 50% for two years (till June 30, till 2027). Customers can also convert this profit to USD 250 cash deduction from procurement price, which can lead to a total incentive price of 10,880,000 kIP (USD 500), reducing the effective price to about 11,890 USD.

GSM’s Global CEO Mr. Guayen Van Than shared: “The launch of the XNH SM platform in Laos is not just a market expansion – it represents a strategic export of a wider sustainable development model, where technology, environmental responsibility and economic opportunity are convergence. We believe that Vietnam believes that Vietnam is not only able to produce green waves.

Launch of Xanh SM platform simultaneously and the official distribution of VF 3 and VF 5 in LAOS strengthens the presence of Vietnamese innovation on the global green mobility map. It also shows the long -term commitment of GSM to support Lotian people in the manufacture of a modern, environmentally friendly and durable transport infrastructure.

Revolt Motors won the ‘Franchise – Electric Vehicle’ of the year at the 21st National Franchise Excellence Awards. Vampire

Rahul Arora
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0
Revolt Motors won the ‘Franchise – Electric Vehicle’ of the year at the 21st National Franchise Excellence Awards. Vampire

India’s leading electric motorcycle brand, Revolt Motors, has been awarded the prestigious title of ‘Franchise of the Year – Electric Vehicle’ at the 21st National Franchise Excellence Awards, held at Yashobhmi (IICC), Delhi.

This recognition highlights the forward thinking approach of the rebellion for electric vehicle retail and its innovative franchise models, which has enabled rapid and sustainable development across India.

Hosted by Franchise India, the National Franchise Excellence Awards celebrate organizations that showcase outstanding performance in scalability, profits and franchise partner’s success. Revolt Motors was distinguished in the EV category to create an important role in creating a dynamic, future prepared dealership network and running India’s change towards clean and durable dynamics.

In the last one year, Revolt Motors has increased its footprint at more than 200 dealership locations in 23 states and center areas. The company now aims to double its network for 400 dealerships by FY26, making power dynamics more accessible to Indian riders than before.

Anjali Ratan, president of Ratnindia Enterprises, said, “The award is a will for our tireless efforts in changing India’s dynamics landscape.” “Our dealer partners are the backbones of this revolution, and we are committed to enable their success because we move forward nationally and internationally.”

Revolt’s franchise model provides strong partner support through training, marketing, logistics and after -sales services. This collaborative framework ensures a spontaneous customer experience and has become a benchmark in the developed EV dealership ecosystem.

As the Electric Mobility Sector has experienced unprecedented growth, rebellion motors are actively discovering international market expansion, which begins with neighboring countries. The award extends the company as a precursor in shaping the global EV retail model.

For dealership opportunities or media inquiry, travel www.revoltmotors.com Or contact us on [email protected]

Eular motors sereses cereses densersrs series dending under the leadership of Cortocorp. Vampire

Rahul Arora
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0
Eular motors sereses cereses densersrs series dending under the leadership of Cortocorp. Vampire

Euler Motors has raised OC 638 crore in its series D funding round, with the world’s largest two-wheeler manufacturer led by Hero MotoCorp. The current investor British International International Investment (BII), UK Development Finance Institution also participated in the round.

Fresh capital will be used to use Euler’s sale and expand the service network and accelerate the development of new products, which will strengthen the company’s push towards mass commercial EV adoption in India.

This funding comes when the Euler Motors continues to grow rapidly, strengthening its position as a leader in the commercial electric vehicle location. The company has seen strong traction in ecommerce, retail and logistics sectors operated by its strong EV lineup, including Hillod EV-India’s most powerful electric three-wheeler and newly launched Stormways, the country’s first ADAS-equipped light commercial four-wheelers.

“We are excited to welcome Hero MotoCorp as a strategic investor in Euller Motors. It is a strong vote of India’s commercial electric mobility in the future and both the execution and products of Yular Motors. A strong vote of confidence in both the products. With new and existing investors with this fresh capital and strategic support, we are ready to increase our scale.” Founder and CEO, Eular Motors.

Dr. Pawan Munjal, Executive Chairman, Hero MotoCorp said, “Strategic investments in Euler confirms our commitment to quick growth through both organic and inorganic expansion, while one exposes the power of cooperation and adaptation in the market that ever develops. Mobility landscape, this investment allows the hero motorporp to rapidly grow rapidly electro-waters and four-walow markets. While unlocination of adjacent business opportunities and continues its leadership in the future of sustainable mobility. “

“We are happy to deepen our partnership with Yular Motors, Managing Director of British International Investment and Head of Technology and Head of Technology and Head of Technology, because it enhances its operation and brings the EVS of the next generation to bear our initial investment in 2023. The next generation is able to run the skillable effects in both economic growth and environmental progress.”

Some of the leading investors of Yular Motors include Bloom Ventures, Ethera Partners, Asian Development Bank Ventures and Piramal Alternatives India Access Fund. With this round, Yular Motors has raised around Rs 1420 crore till date.

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