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Nuveen Backs Fabric Iot to accelerate India’s EV ecosystem. Vampire

By
Rahul Arora
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Nuven, a global asset manager with $ 1.3 trillion in property under management, has invested a strategic development equity in the original company of Fabric IOT – Intellic, through his personal equity impact strategy.

Established in 2022 and headquarters in India, Fabric IOT has established a strong reputation to provide advanced data solutions in EV and automotive regions. Its subsidiary, intelligor, currently supports over 300,000 electric vehicles, which helps in a significant decrease in carbon emissions and to promote greenery dynamics in millions of kilometers every month.

This investment reflects Nuven’s commitment to enabling technologies enhancing permanent growth within India’s rapidly expanded EV landscape.

Nuven Private Equity Impact Team aims to generate strong financial returns and address two of the biggest sustainable development challenges of our time: climate change and inequality. This is the fifth investment from Nuven’s second climate inclusion strategy, recently announced a similar partnership with Cleanplanet, Longwiti Partners and Onepack.

India is facing significant air pollution challenges, especially in urban centers, which has moved forward by rapid urbanization. For example, road transport is currently responsible for 12% of India’s energy -related CO2 emissions and is an important contributor to urban air pollution.

In 2023, the Indian Institute of Toxicology Research (IITR) found that the main cause of air pollution was related to the increase in automobiles, resulting in a decline in air quality scores; 60% of Indian cities have a report of 7 times worse than the World Health Organization (WHO) guidelines. By taking advantage of the real world EV insight and proven stability solutions, the fabric Iot is well cleaned to lead the country’s transition to clever transport.

Ted Ma, Managing Director of Private Equity Impact in Nuven, said: “India’s way for a greenery economy in India and low CO2 emissions will have to deal with their dependence on traditional automobiles. Fabric IOT’s rapid data and energy stacks are working with a fully working production. To embrace permanent transportation and to embrace permanent transport.

Karan Makhiza, co-founder and CEO of Fabric Iot, said: “As an investor, Nuven has shared our vision to change India’s energy landscape and stability objectives. This big investment will be able to accelerate the development of the next generation of new markets, to increase the development of our technology. A cleaner, greenery and more educational travel.”

Join the forces to electrify Indofast Energy and Green Tiger Mobility Petrol Scooters. Vampire

By
Rahul Arora
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Indofast Energy and Green Tiger Mobility have announced a strategic partnership to replace two-wheelers in electric vehicles equipped with battery-swapping capabilities. The initiative is currently active in Bangalore and will roll out in Delhi NCR by May with a nationwide expansion plan in the next 15 months.

Retrofit program enables owners to electrify its existing petrol scooters for an initial price of ₹ 10,000. All these inclusive costs include RTO approval, insurance and complete regulatory compliance. Customers can also opt for EMI payment, designed to be offset by fuel savings over time.

At the time of launch, the solution supports 11 popular scooter models from brands such as Hero, Honda, Suzuki, TV and Yamaha. Initially focusing on quick commercial distribution riders, the program will gradually be open to the widespread public.

ARAI-certified retrofit kits of green tiger mobility are supported by government bodies and educational institutions, adding credibility to the initiative. Indofast Energy, a joint venture of Indians and Sun mobility operates over 900 battery swap stations across India, which enables more than a million swaps monthly for various electric vehicles. The partnership aims to expedite EV adoption by offering an affordable, permanent option for the petrol scooter. The silver malahan of Indofast highlighted its role in the cost of emission and fuel, while Ashish Dokania of Green Tiger emphasized the practicality of converting existing vehicles when new purchases.

Argon Labs and Omega Seki Pvt. Limited IPC Strategic Partnership Form to start technology | Vampire

By
Rahul Arora
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Ergon Labs, a growing innovator in Light EV Povertrain Technologies has participated with Omega Seki Private. Ltd. (OSPL), one of India’s fast extended electric vehicle manufacturers, to introduce the Integrated Power Converter (IPC) technology. Through this strategic cooperation, starting with the OSPL L5 segment, Ergon’s advanced IPC will become the first original tool manufacturer to include its electric three-wheelers. To further strengthen its partnership, Omega Seki Pvt. Limited has placed an order of 50 crores for Ergon’s IPC technology, which will be used to provide electricity to its upcoming vehicle variants.

The IPC, a ground-breaking component that adds on-board charger and motor controller to a single compact unit provides unprecedented performance, reliability and charging facilities for electric three-wheelers. The partnership also includes a strategic investment by Mr. Uday Narang, founder and president of Omega Siki Private. Ltd., in Argon Labs. As part of the agreement, the advisory board of Shri Narang Ergon will join the board.

Ergon’s IPC technology provides several industries-first benefits for vehicle operators and fleet owners, including 30% better patience, 50% faster charging (adding more than 50 km range within an hour), and 30% lower system cost compared to traditional setups. It also reduces the complexity of wires and increases vehicle efficiency. After comprehensive road testing over 50,000 km, complete certification is expected within next month.

Strategic roadmap and market effects

The first commercial deployment of 2,000 units in FY26 is planned across India across India, which begins with the L5 passenger segment – rapidly growing market and growing adoption in rapidly growing market and metro cities and regional centers by aggregators such as Rapido, Ola, and Uber. Omega Seki Pvt. Limited’s order for Ergon’s IPC technology underlines the confidence of the strong market in this integrated powertrain solution and keeps both companies to meet the increasing demands for high performance, greater reliability and low total cost of ownership in EV three-wheeler space.

Companies jointly develop a high-demonstration L5 cargo electric vehicles, capable of handling more than 500 kg of payloads, which targets diesel vehicle replacement in markets such as Kerala and North East.

A shared vision for the future

Ashwin Ramanujam, CEO of Ergon Labs, said, “This partnership with Omega Seki is an important milestone to bring innovations of success in Light EV Povertrain in the mission of Argon.” “OSM vehicles will see a meaningful improvement in gradiability, payload capacity and charging reliability-all all hardware and software levels enabled by integrating deep components at the levels.

Mr. Uday Narang, Founder and President, Omega Seki Pvt. Ltd. said, “After adventure investment of over three decades in global financial markets, I returned to India with an engineering -led innovation.

Zuparia enters auto electric cargo and waste management vehicle segment. Vampire

By
Rahul Arora
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Zuperia Auto Private Limited – known as Lohia Auto Industries – has announced entry into electric cargo and waste collection vehicle market. The company recently ordered Delhi State Industrial and Infrastructure Development Corporation to distribute 40 electric waste vehicles for deployment in Bawana Industrial Area.

After a strategic reorganization, Zuparia now works under two different brands: youdha, large scale market institutional buyers target, and Lohia, premium customers catering. To support its expansion, the company is producing in its Kashipur facility and is preparing to start a new series of electric loaders and cargo vehicles under the Yedha brand.

“The real opportunity in the EV region is beyond personal mobility,” said Zuparia Auto CEO Ayush Lohia. He said that cargo and garbage collection vehicles are being pushed into the headlines, with increasing pressure on municipalities to tighten the restrictions on diesel vehicles in urban areas, cargo and waste collection vehicles.

India’s electric three-wheeler market saw a strong growth in 2024, with the sales to about 694,466 units-an increase of 18% from the back of the last year. Cargo EV sub-block led the rise of the demands of e-commerce and final-meal delivery with an increase in fuel with an increase of 45% year-on-year.

Zuparia Auto has deployed electric waste vehicles in Delhi-NCR, Andhra Pradesh, and Chhattisgarh, this financial year 93,000 units have been exploited in a growing cargo and utility EV market, in which estimate is more than 150,000 in 4-5 years.

Along with government EV adoption policies, Zuparia avails low operating costs and emissions of electric three-wheelers to target commercial use in both major cities and small urban hubs. The company credits its lead for vehicle optimization for the in-house R&D, special manufacturing, and institutional customers.

Xpeng unveiled mobility innovation at Milan Design Week

By
Rahul Arora
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Trailblazing Xpeng of Chinese High-Tech Mobility Brand has chosen the Milan Design Week 2025 honored to make its official debut in the Italian market.

Established in 2014, XPENG is dedicated to the design, development, manufacturing and global marketing of intelligent electric vehicles operated by advanced artificial intelligence.

With a strong focus on European expansion, XPENG started its journey in Norway in 2021 and has since increased its attendance in major markets including UK, Germany, France, Denmark, Denmark, Sweden, Finland, Iceland, Netherlands, Belgium, Luxembourg, Spain, Portugal, Ireland, Poland, and now Italy. In Q1 2025 alone, Xpeng distributed more than 94,000 vehicles worldwide, reflecting a notable 300% year-to-year growth.

Xpeng has unveiled its “XPENG: #FutureMobility” exhibition at the Adi Design Museum in Milan – Home for the prestigious Compasso D’Ao Award Collection. The showcase presented a special glimpse in the bold vision of XPENG for the future, where robotics, artificial intelligence and state -of -the -art design convergence to redefine the dynamics.

There were three standout innovations at the center of the exhibition, each was designed to revolutionize how we walk and interact with technology: Xpeng P7+, the world’s first AI-defined electric vehicle; Xpeng Aeroth X2, a flying electric car and the Gold Prize winner at the Chinese Excellent Industrial Design Awards, are ready to replace urban transport; And iron, a humanoid robot that gives an example of fusion of AI and Lifelik motion.

“There is no better place than Italy to celebrate Automotive Heritage, Timeless Design and The Future of Mobility.” “Today, in the iconic ADI Design Museum during Milan Design Week, we mark a new milestone in the journey of Exg. Beyond the manufacture of intelligent vehicles operated by AI, hardware and software, we are also progressing in flying mobility and robotics.”

Juanma Lopez, vice president of the design center at XPENG, said, “We are honored to introduce XPENG in Italy in Italy.” We could not have chosen a better reference for a country with such a rich motor vehicle tradition and a culture, which has elevated the design as an art. Our design philosophy is clear: to create cars that express information about us that in every aspect know about us through the right union between beauty and functionality. “

“It is a source of pride and responsibility for us to be exclusive importers and distributors of XPENG for Italy”, said Matia Vaniini, president of Etflow. “Xpeng is one of the main heroes of the global technology revolution. The excellence of the brand will create tangible benefits for customers, with our deep knowledge of the Italian market and become a reference in the development of permanent dynamics in Italy”.

Montra Electric and Magenta Mobility joined the forces to run permanent logistics in India. Vampire

By
Rahul Arora
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Montra Electric and Magenta Mobility have entered a strategic partnership with the aim of accelerating the adoption of electric vehicles in the logistics sector. The MoU was officially signed by Mr. Sozu Nair, CEO of Tivolt Electric Private. Limited (SCV Division of Montra Electric), and Mr. Maxon Lewis, Magenta Mobility MD and CEO.

As part of the agreement, TIVOLT will supply 100 Eviator E350L electric vehicles to Magenta Mobility for deployment in various types of applications including FMCG, grocery, e-commerce and telecom logistics. This cooperation will significantly increase the fleet capabilities of magenta mobility, which will strengthen its mission to provide permanent, skilled logical solutions.

The recently launched Eviator E350L vehicles at the India Mobility Global Expo are out with their square-component specifications, high-performance capabilities and advanced software-defined vehicles (SDVs) and telematics solutions. In addition, Montra will provide analog and charging solutions to maximize uptime and operating efficiency for the fleet of electric magenta mobility.

With this partnership, the purpose of Montra Electric and Magenta Mobility will accelerate the adoption of electric vehicles in the 4Wheeler Small Commercial Vehicle (E-SCV) segment. Primary focus will be on increasing daily mileage, supporting intercity operations and the driver comfort and enhancing safety. Today, since the demand for structured and reliable players in the EV logistics sector is increasing, it is scheduled to redefine the benchmark of the partnership industry and pave the way for a more efficient and durable future.

Shri Soju Nair, Chief Executive Officer, Tivolt Electric Vehicle Private Limited (SCV Division of Montra Electric) said, “We are happy to join hands with magenta mobility, and this cooperation is an important step to electrify in commercial logistics in our mission. Does

Mr. Maxon Lewis, Managing Director and CEO, Magenta Mobility said, “We are excited to cooperate with Montra Electric. Magenta Mobility is always committed to sustainable and skilled logic in India, and Montra Electric’s Eviator is fully condensed with our vision to revolutionize the country.”

Montra Electric will work closely with Magenta Mobility to understand its specific applications, which provides an analogous service and maximizes the solution and profitability. In addition, this partnership will introduce India’s first True EV in the 3.5 ton segment, define the standards for stability, efficiency and performance in commercial transport.

As India moves towards Green Mobility, the partnership between Montra Electric and Magenta Mobility will help re -define the commercial EV landscape, providing business with new, durable and efficient mobility solutions.

Revfin EV 5,000 CR targets and eV financing schemes with key appointments vampires

By
Rahul Arora
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Permanent mobility driving in India, a major digital lending platform Revphin, has announced the onboarding of three senior leaders as part of its ambitious development strategy. Crore in disbursement of dismersments by 2027, with a target of 5,000 crores, the company is gearing up for 5X expansion over the next two years, aims to strengthen its position as an forerunner in India’s Electric Vehicle (EV) finance place.

New leadership additions mark a decisive step as Revphin enters its next stage of aggressive scaling. With the expectation of crossing the Crore 2,000 crore by 2026, the company is focusing its focus on the rapid emerging L5 vehicle segment-an important environment for intracesey transport to the intersection-emerging L5 vehicle segment-the operative combustion engine (ICE) vehicles were considered.

Strategic appointments to run development and governance:

To pursue his ambitious expansion plans, Revphin has appointed three experienced professionals to his leadership team:

Abhinandan Narayan is included as Chief Business Officer – New Business. With prior experience in Prepladder (Unacademy), he will lead the charge in scaling EV financing in both existing and emerging areas. Monish Vohra takes steps as the Chief Operating Officer – Operations and Collection. SBI cards bring deep expertise in running a scale of customer experience and pre -operation, he brings deep expertise in running operational excellence. Anirudh Gupta plays the role of the Chief Finance and Strategy Officer. The first Grant Thornton will lead Revin’s financial strategy, capital plan and investor relations with India.

Together, these appointments are central to focus renewed from Revin on their FY 2026 “People-Prose-Proftiility” agenda, which lays a foundation for sustainable and scalable development.

Commenting on new appointments, Sameer Aggarwal, founder and CEO of Revin, emphasized the company’s punishment in a complete transition for electrical and small commercial vehicles within the next three years. Despite a turbulent year for the EV sector, he highlighted a further immense occasion and commitment of Revin for Hypergrath. He underlined the importance of strong leadership at this important moment, focusing on the company’s 2025 people, processes and profitability.

Strategic milestone and forward road

Revfin FY2026 is targeted by the financing of 35,000 EVs, supported by strong systems, talent and a responsible scaling approach. To date, the company has funded more than 85,000 EVs in 1,000+ towns in 25 states, with 75% of the marginalized communities. Its driver partners have collectively logged at a distance of 1.6 billion+ electric miles, which earns more than USD 400 million.

A major attraction of FY2025 was an increase of 1,700% in the L5 vehicle loan book, a strategic partnership with Bajaj Auto and fuel by expanded collaborations with delheri, rapido, shadowax, indoffast and Tata Motors. The FY2026 L5 will focus on deepening the dominance in the section, which is central for the mission of Revin.

Why L5 Vehicle?
L5 EVs represents a transformational change in urban dynamics by changing more directly than L3 or 2W EVS to internal combustion engines. Consumer as adoption – sees the Revphin L5 operated by prominent players such as Bajaj as important for India’s decarbonization and sustainable transport goals.

Wardwizard Innovation and Mobility Slash prices to promote EV adoption in India on Khushi e-bike model. Vampire

By
Rahul Arora
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One of the major electric vehicle manufacturers of India under Brand Joy E-Back and Joy E-Cric, Wardwizard Innovation and Mobility Limited has announced a significant price reduction in a range of its electric two-wheeler models. The purpose of this strategic step is to make the power dynamics more accessible and accelerates EV adoption across the country.

The company has reduced prices up to ₹ 13,000/- on a model selected to strengthen the presence of its market and attract the broad base of EV consumers. The revised pricing applies to models including Wolf 31Ah, Jean Next 31ah, General Next Nanu Plus, Wolf Plus, General Next Nanu Eco and Wolf Eco.

Modelearlier prixdiscounted pricswolf 31h72,00057,749gennext 31h70,00056,699Genext Nenu plus 86,00073,604wolf plus 89,00074,654gengen

Wardwizard Innovation and Mobility Limited continues to strengthen its position in EV industry, with electric mobility solutions and a customer-first approach growing portfolio. This indicates the ongoing dedication of the brand to distribute the customer-centric decision price, innovation and responsible transport options.

Winfast teams with Bengalkel BOS to develop service networks in Indonesia | Vampire

By
Rahul Arora
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Vinfast has entered a strategic partnership with PT Penta Artha Impressi, known as Bengkel Bose, a major Indonesian service provider. The purpose of cooperation is to increase customer aid and provide more value to consumers to switch to electric vehicles. The initiative aligns with Winfast’s widespread strategy to strengthen its sales and after sales networks as its EV lineup continues to expand into the Indonesian market.

Under the agreement, 12 service workshops of PT Penta Artha Impressi (Bengkel BOS) will be authorized to provide repair, warranty and maintenance services for the electric vehicle model of Winfast. This network of service workshops strategically is located in major areas such as South Jakarta, West Jakarta, Eastern Jakarta, Tangurang and Yogyakarta, which aims to maximize the facility for customers.

The maintenance, repair and warranty services provided by Bengkel BOS will correspond to the quality standards and procedures of the Winfast. This network of service centers is fully equipped with modern features, machinery and equipment, meets strict technical requirements.

As a strategic authorized service partner, Bengalkel BOS will also distribute real winfast parts and components, ensuring that electric vehicle users in Indonesia have access to high quality products that follow global standards of Winfast.

During the partnership, Winfast Bengkel Bose is committed to providing personnel training and technical advisory assistance. This is particularly important because Vinfast’s electric vehicle product line spreads in Indonesia and an increase in the number of vehicle delivery.

Mr. Andro Arifin, Chairman of PT Penta Artha Empressi (Bengkel Bose) said: “Taking advantage of our experience, local expertise, and comprehensive service workshop network, we are honored as a strategic partner on our journey to win the Indonesian market. Market.”

Mr. Fam San Chow, CEO of Winfast Asia, said, “To intensify green infection in Indonesia, we believe that the construction of a strong, long -term customer trust is paramount. To achieve this, Vinfast is actively with the actively reputed partners to expand the network of the authorized service workshops in Indonesia. Pricing, and the service of the pricing, and after the sales.”

Vinfast provides one of the most diverse portfolio in the market, one of the all-electric vehicles, including Mini-SUV VF3 and A-segment SUV VF5 to C-Segment SUV VF E34. Parallel to its frequent extended product ecosystem, Vinfast is wider by dealerships and service workshops across the country, aimed at distributing high quality products and services to consumers.

Concurrent, Vinfast is cultivating a comprehensive green mobility ecosystem through strategic collaborations with key partners, including the all-electric taxi operator GSM and Global Charging Infrastructure Developer V-Green.

The Vampire expands the EV fleet to support the Green Commute in Rutmatic Chennai

By
Rahul Arora
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Rutmatic, a major corporate mobility solutions provider for over 275 corporates in 23 Indian cities, has expanded its electric vehicle (EV) fleet in Chennai, further strengthening its commitment to sustainable corporate transportation.

The company has launched its eV-operated services on several client sites within the DLF Cyber ​​City (DLF IT Park), which enables 24/7 employees commut solutions. This step represents an important step towards offering reliable, efficient and environmentally friendly transport for employees in all task innings.

This launch comes at a time when India’s e-dubility sector is experiencing unprecedented development, which is affected by strong government policies, technological progress and growing environmental awareness. According to a statement by the Government of India, the Ministry of Heavy Industries (MHI) recorded more than 1 million EV sales in FY 2024-25, highlighting the rapid adoption of power dynamics across the country. The growing EV fleet of the rootmatic aligned with this national speed, which contributes to India’s cleaner and infection for more sustainable transport.

“We have introduced our EV fleet in Chennai as part of their commitment to run sustainable corporate dynamics in Chennai,” said Rutmatic founder and CEO Shri Ram Kannan. “Conducting the clock round with businesses, it has been important for employees to ensure efficient, safe and environmentally friendly transport. This expansion has underlined our commitment to green dynamics and strengthened our role as a trusted partner in corporate transport.”

“Our EV fleet launches in Chennai are a reflection of our ongoing efforts to run innovation and stability in corporate mobility space. As more business adopts greenery practices, we are proud to offer an employee transport solution, which is not only reliable and secure, but environmentally responsible. This step strengthens our committees where we have a future commitment to a future. Contribution is. ” Co-founder and Executive Director, Rutmatic Ms. Kavita Ramchandragowda said.

Rutmatic has continuously defined corporate mobility by incorporating state-of-the-art technologies, AI-operated adaptation and permanent transport solutions. Originally continues to provide corporate customers with rootmatic durable, efficient and technology-operated mobility solutions, integrating EVS into its transport-e-survis (TAAS) model. Through electrification and smart fleet management, the company has set up new standards for environmentally friendly, skilled and employee-focused corporate transport.

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