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TSUYO appoints former SpiceXpress CFO Naveen Kumar Amar as SVP – Finance.

By
Rahul Arora
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TSUYO Manufacturing has appointed Naveen Kumar Amar, former CFO of SpiceXpress, as Senior Vice President – ​​Finance with effect from April 1, 2026.

This appointment brings an experienced global finance leader with extensive expertise in financial strategy, business transformation and operational excellence. TSUYO said Amar’s leadership will be instrumental in strengthening its financial operations as the company accelerates growth in the electric mobility and powertrain solutions sector.

With a strong background in financial planning, corporate governance and operational efficiency, Amar has over two decades of experience in capital-intensive industries. Before joining TSUYO, he served as the Chief Financial Officer at SpiceExpress, the cargo and logistics arm of SpiceJet, where he played a key role in financial restructuring, cost optimization and business expansion in a highly competitive market.

During his tenure, Amar also led several domestic and international fundraising initiatives in equity and debt instruments. He led digital transformation initiatives, leveraging technology to streamline operations and improve financial and operational efficiency across the organization.

Commenting on his appointment, Naveen Kumar Amar, Senior Vice President – Finance, Tsuyo, said: “I am excited to join Tsuyo at a key moment in its growth journey, as the company grows its manufacturing capabilities and strengthens its position in India’s evolving electric mobility ecosystem. With experience across diverse, capital-intensive sectors, I see immense opportunity in building a financially disciplined, execution-focused organization that can sustain high growth over the long term.” The focus on deep convergence of technology, localization and large-scale manufacturing presents a unique platform to create sustainable value. I look forward to partnering with the leadership team to enable Tsuyo’s ambition to become a globally acclaimed EV powertrain company.

At Tsuyo, Amar will be responsible for leading the financial planning, capital allocation and governance framework as the company continues to grow its manufacturing capabilities and deepen investments in EV powertrain technologies. The appointment comes as a strategic development as Tsuyo accelerates its growth plans, which include investment in advanced manufacturing infrastructure and localization of key EV components, to position itself within India’s evolving electric mobility supply chain.

Tsuyo’s leadership team welcomed Naveen Kumar Amar and said his appointment strengthens his ability to align capital strategy with long-term business objectives.

As part of its ongoing expansion and scale-up journey, Tsuyo has recently received single window clearance approval from the Government of Karnataka for a proposed 20-acre EV powertrain manufacturing and verification complex in the Dharwad-Hubli region.

This upcoming facility will serve as a key hub for design, development, testing and large-scale manufacturing of EV powertrain components, reinforcing Tsuyo’s commitment to strengthening India’s domestic EV ecosystem and reducing dependence on imports.

Last month, the company also announced the launch of next-generation electric motor and powertrain technologies with improved performance and efficiency, giving a big boost to India’s electric light commercial vehicle markets. The new portfolio highlights TSUYO’s emphasis on superior performance, modular product design, intensive engineering and Make-in-India innovation.

Yulu crosses 2 billion kilometers of green rides, solidifies leadership in shared EV mobility

By
Rahul Arora
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Yulu has announced a major milestone by completing 2 billion kilometers of green rides, cementing its leadership in India’s shared electric mobility segment. This achievement marks a significant moment in Yulu’s seven-year journey of building and expanding a new category in urban mobility.

This milestone reflects Yulu’s structural strengths, which include a fleet of over 45,000 electric vehicles, an AI-powered mobility platform, an integrated energy ecosystem through Yuma Energy, and the strong trust built with customers and ecosystem partners over the years.

Yulu’s growth trajectory has been quite rapid, with the company taking six years to cover its first 1 billion kilometers, while the journey from 1 billion to 2 billion kilometers was achieved in just 14 months. This rapid pace highlights the growing demand for Yulu’s hyperlocal goods mobility services.

The company’s purpose-built delivery EVs have played a key role in transforming intracity logistics in India, making last mile delivery more technology-enabled, accessible, seamless and affordable for gig workers and businesses.

Today, Yulu is deeply involved in India’s doorstep delivery ecosystem through partnerships with leading e-commerce and quick commerce platforms such as Zomato, Swiggy, Big Basket, Blinkit, Flipkart Minutes, Instamart and Zepto. Yulu riders have completed over 400 million green doorstep deliveries across emerging categories like grocery, food and on-demand house-help offered by platforms like Pronto, Snabit and Urban Company. In particular, more than 1,000 female riders now use Yulu’s EVs to expand their scope of work and travel more conveniently, significantly increasing their earning potential.

The scale of Yulu has generated significant good for society. An example of this is gig worker livelihood creation. By removing age-old barriers related to vehicle access, cost, credibility, ease of ride and maintenance, Yulu helps gig workers unlock better work opportunities and save 30-40% more money compared to traditional petrol vehicles. Over 500,000 gig workers have been empowered by Yulu’s mobility platform to date.

Additionally, Yulu’s ability to support clean last-mile logistics makes it a valuable ally for governments to improve urban air quality, reduce road congestion and achieve sustainable development. Over the past seven years, Yulu has helped avoid 54 million kilograms of urban CO2 emissions, underscoring its role in making our cities more liveable.

Amit Gupta, CEO and Co-Founder of Yulu, says, “The 2 billion kilometer milestone not only reflects Yulu’s market leadership, but also the profound impact we are creating in India’s urban mobility landscape. What started as a bold vision of building a sustainable and accessible solution has today become a critical enabler for millions of users and citizens. As we look ahead, Yulu reaffirms our commitment to helping people, businesses and cities move better. Is.”

In FY2027, Yulu aims to double its fleet size and enter multiple new cities through a mix of company-led and partner-led launches – strengthening its ambition to remain India’s number one choice for hyperlocal goods and people mobility.

Emobi delivers 100 electric vehicles with support from Musashi and HEID –

By
Kavita Aggrawal
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Amobi Manufacturing Private Limited, an emerging electric two-wheeler manufacturer based in Karnataka, has deployed 100 AKX Kyari electric scooters in Bengaluru. They are powered by Musashi’s advanced electronic axle system and battery swapping services provided by Honda Power Pack Energy India Pvt. Ltd. (HEID) se: switched network. This deployment marks an important step towards high range, high speed and lower cost of ownership mobility for last mile logistics operators.

The vehicles are manufactured for Tekinverse, which leases them to Muvnw rider partners on a micro-fleet model with the aim of creating sustainable livelihood opportunities. By combining low operating costs with reliable vehicle availability, the program enables passengers to earn more while reducing reliance on fuel-intensive alternatives.

The performance of the AKX Kyari EV is comparable to that of a traditional 125cc ICE motorcycle. It has an IDC cruising range of 106 kilometers, a top speed of 80 kilometers per hour, and an acceleration time of 0-60 kilometers per hour in 12 seconds, making it suitable for India’s demanding logistics needs. The vehicle features 3.7 kW peak motor power, 1.5 kWh dual replaceable battery packs and a synchronized braking (combined braking) system for enhanced safety and control.

“This deployment is more than just a milestone, it is a shift towards scalable micro-entrepreneurship,” said Bharath Rao, CEO and co-founder of Emobi. “By combining high-performance EV technology with reliable battery swapping and strong local service support, we are building an ecosystem that makes EVs the most accessible, efficient and profitable option for every rider.”

As part of the Emobi service framework, Tekinverse and Muvnw ensure fleet uptime through clear service level agreements, trained maintenance engineers and responsive roadside assistance. Emobi is also expanding its micro-factory and micro-fleet service models in the metropolis, starting with Delhi NCR, to support higher deployment volumes and upcoming product expansion.

Commenting on the partnership, Naoya Nishimura, CEO, India and Africa, Musashi said: “This deployment demonstrates the real-world impact of India-led EV innovation. Our collaboration with Emobi demonstrates that localized bridge engineering combined with a robust battery swapping ecosystem can deliver reliable, high-uptime EV solutions for last-mile logistics. As India accelerates EV adoption, this comprehensive collaboration will play a key role in strengthening the country’s mobility landscape.”

Tomohide Haraguchi, Vice President and Chief Technology Officer, Honda Power Pack Energy India Pvt. Ltd. added: “HEID is deploying Battery as a Service (BaaS) using safe and reliable Honda Mobile Power Pack e: (MPP) and Honda Power Pack Exchanger e: (BEX), two solutions derived from Honda’s long-standing expertise. The solution reduces B2B Charging downtime in operations reduces upfront vehicle costs by eliminating battery purchases and eliminates future battery replacement worries. Combined with automotive-grade e-axle, it delivers unparalleled efficiency for B2B mobility.”

The deployment of these 100 electric vehicles marks a collaborative step forward in building reliable, sustainable and scalable mobility solutions for the Indian logistics industry. As the battery swap network expands and localized EV technology matures, partnerships between technology providers, manufacturers and fleet operators will continue to shape the next phase of the Indian EV ecosystem.

Ather Energy allotted ESOPs worth ₹22.4 crore to employees under 2025 plan.

By
Rahul Arora
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Electric two-wheeler maker Ather Energy has allotted 2.97 lakh equity shares to its employees under the Employee Stock Ownership Plan (ESOP) 2025 following the exercise of stock options, the company said in a regulatory filing.

Based on Ather Energy’s BSE closing price of ₹753 per share on Monday, the total value of the ESOP allotment is ₹22.4 crore. Indian stock markets remained closed on Tuesday due to public holiday.

“The shares have been allotted to eligible ESOP holders who have exercised their stock options under the Ather Energy ESOP 2025 Plan,” the company said in its filing.

Ather Energy strengthens employee ownership

The Bengaluru-based electric vehicle maker, which made its stock market debut in May last year, continues to expand employee ownership as part of its long-term growth strategy. The ESOP allocation reflects the company’s focus on retaining talent and aligning employee incentives with business performance.

This is not the first such step of the company. In September 2025, Ather Energy had granted 12.7 lakh ESOPs worth ₹70.9 crore to employees, senior management and key personnel.

Increasing competition in EV two-wheeler segment

Ather Energy operates in India’s fast-growing electric two-wheeler market, competing with new-age EV makers like Ola Electric as well as established players like TVS Motor Company and Bajaj Auto. As companies are expanding their product portfolio and producing on a larger scale, competition in this segment has intensified.

Strong revenue growth in Q3FY26

Company reports strong financial performance in Q3FY26 due to festive demand and increase in vehicle sales:

Operating Revenue: ₹953.6 Crore Year-on-Year Growth: 50.2% Highest quarterly revenue for the company

Despite strong revenue growth, Ather Energy reported a net loss of ₹84.6 crore for the quarter. However, losses narrowed substantially, falling by 57.2% year-on-year, indicating improvement in operating efficiency.

With growing EV adoption, expanding charging infrastructure and growing product demand, Ather Energy is strengthening its position in India’s electric two-wheeler market by incentivizing employees through equity participation.

CARS24 collaborates with Tesla to ease the transition to electric vehicles in India.

By
Rahul Arora
-

As electric mobility gains momentum in India, CARS24 has announced a collaboration with Tesla India to launch an integrated trade-in program to make the transition from petrol or diesel vehicles to electric vehicles simpler, faster and more seamless.

Traditionally, customers wanting to switch to electric vehicles have had to manage two separate processes – selling their existing vehicle and buying a new one. This new program combines both phases into a single, streamlined experience, reducing friction and simplifying the overall transition to electric mobility for customers.

Available for a limited period, this program offers an exchange bonus of ₹3 lakh from Tesla on petrol and diesel vehicles, along with an additional ₹25,000 exchange bonus from Cars24 on successful completion of a Tesla purchase, taking the total benefit on switching from an ICE car to an EV to ₹3.25 lakh.

The journey begins at Tesla Experience Centers, where customers searching for a Tesla Model Y can begin the exchange process as part of their purchase journey.

Customers can initiate the exchange journey by entering their vehicle details on the Cars24 website, app or Tesla Centre; They can get a preliminary price estimate and schedule a doorstep inspection at their convenience.

Following inspection, Cars24 provides a transparent price quote directly to the customer, with no obligation to proceed. Customers have complete flexibility to accept or reject the offer.

If the customer wishes to proceed, Cars24 manages the entire process from start to end, including vehicle pickup, payment directly into the customer’s bank account and ownership transfer, ensuring a completely hassle-free experience without paperwork or logistical challenges.

To further support customers in making the switch, Tesla is also offering financing options starting with a down payment of ₹6 lakh and EMIs from ₹49,000 per month, making the Tesla Model Y more accessible to a wider group of buyers. Model Y also supports convenient home charging, making everyday use simple and efficient.

In addition to the environmental benefits, electric vehicles offer significantly lower running and maintenance costs than conventional cars, making the switch both practical and affordable for customers.

As part of the program, customers who complete their Tesla purchase are eligible for an additional ₹25,000 Cars24 Bonus, which is deposited directly into their bank account upon delivery of their new Tesla.

Cars24 brings nationwide reach to its digital-first platform and partnerships, enabling seamless price discovery, instant payments and hassle-free ownership transfer for customers across India.

Gajendra Jangid, Co-Founder and CMO, CARS24, said, “At Cars24, our focus has always been on simplifying car transactions. Partnering with Tesla allows us to extend that convenience to customers transitioning to electric vehicles, managing everything from price discovery to payments and ownership transfer.”

Revolt Motors sales triple in March as rising fuel costs drive shift towards electric motorcycles AutoGuideIndia

By
Rahul Arora
-

Revolt Motors reported a sharp growth in sales in March 2026 with volumes tripling month-on-month, highlighting the rapid shift towards electric motorcycles in India.

This strong growth comes at a time of fuel price volatility and geopolitical uncertainties, which are prompting consumers to reevaluate their daily commute costs. With lower running expenses, less maintenance and greater cost predictability, electric motorcycles are being seen as a practical and affordable alternative to traditional petrol-powered bikes.

The March demonstration underscores consumers’ growing confidence in electric mobility, as more riders turn to EVs for affordable, sustainable and reliable urban transportation.

Revolt Motors’ performance also reflects a deeper, underlying shift in demand beyond short-term triggers. Electric motorcycles today offer 90% lower running costs than petrol bikes, making them a financially attractive option for everyday riders.

“What we’re seeing is not a surge – it’s a turnaround,” said Roy Kurian, president of Revolt Motors. “Customers across India are making a deliberate, long-term choice to switch to electric. The economics are undeniable, range anxiety is diminishing, and the Revolt ownership experience is winning trust in markets we didn’t see even a year ago.”

Importantly, this growth is not limited to metro cities only. Revolt Motors is seeing strong demand from Tier 2 and Tier 3 markets, with states like Maharashtra, Rajasthan, Uttar Pradesh, Bihar and Gujarat leading the way. This trend highlights how electric mobility is rapidly becoming mainstream across India.

Along with demand, improved product reliability and expanded dealership and service network have played a significant role in strengthening customer confidence and accelerating adoption.

Commenting on the performance, Ms. Anjali Ratan, Chairperson, RatanIndia Enterprises Limited, said, “We are seeing a real shift in consumer behavior. Riders today are not only exploring electric, they are actively choosing it as a smarter, more reliable option. This growth reflects that shift. At this pace, electric motorcycles will move from being an option for everyday commuting to becoming a default choice.”

Revolt Motors is focused on growing its presence, strengthening its ecosystem and driving widespread adoption of electric motorcycles across the country.

EKA Mobility reports 5x volume growth in FY 2025-26

By
Rahul Arora
-

EKA Mobility has announced a five-fold year-on-year volume growth in FY 2025-26, marking an important milestone in its expansion journey. During the financial year, the company sold 1,143 units and produced 1,344 electric commercial vehicles, driven by strong demand and expanded product portfolio.

This growth comes on the back of EKA Mobility’s widest and most comprehensive electric vehicle lineup across all segments. The company also entered the medium and heavy commercial vehicle (M&HCV) truck segment during the year, further strengthening its presence with its existing electric bus and small commercial vehicle (SCV) portfolio.

Additionally, EKA Mobility has been recognized as a Champion OEM under the Automotive Production Linked Incentive (PLI) scheme and has achieved PLI certification on multiple vehicle platforms, strengthening its commitment to scale up electric mobility solutions in India.

Sudhir Mehta, Founder and Chairman, EKA Mobility, said FY 2025-26 is a pivotal year for the company, as it continues to grow volumes while expanding its manufacturing footprint. He said EKA Mobility has recently added a new plant and increased its planned annual production capacity to 10,000 buses, 6,000 trucks and 24,000 small commercial vehicles (SCVs).

He further highlighted that with one of the widest range of fully homologated, born-electric platforms, spanning last-mile to long-haul applications, the company is uniquely positioned as a full-stack electric vehicle player. The strong growth in electric buses, SCVs and newly introduced truck segments reflects both the growing market demand and the company’s execution capabilities.

Dr. Mehta said India’s transition to clean commercial mobility is accelerating, and EKA Mobility aims to be at the forefront of this transformation by leveraging technology, innovation and global ambitions to scale electric mobility solutions.

Strong business momentum across sectors

Electric bus lead:
Achieved historic victories under national programs including PM e-Bus Service and PM e-Drive
Vehicles deployed in 15+ states including Maharashtra, Gujarat, Uttar Pradesh, Karnataka and Delhi SCV breakout year:
Strong market acceptance of the newly launched 3S and 6S passenger vehicles, as well as 3W cargo platforms
Rapid adoption of electric trucks in last-mile and intra-city mobility segments – new growth engine:
Entry of heavy-duty electric trucks contributes significantly to FY26 growth
Expanding EKA’s footprint in long-haul and logistics electrification hydrogen fuel cells:

9-metre hydrogen fuel cell bus deployed at Cochin International Airport, developed in collaboration with KPIT Technologies and BPCL.

There are plans to deploy 15 more hydrogen fuel cell buses in the coming months.

Main characteristics:

global expansion:

Electric bus deployment begins in Africa, strategic agreement with Karachanche Group for CKD assembly and distribution across Africa, agreement with NBFI Capital to manufacture electric buses in Australia

Manufacturing Scale-up:

Two manufacturing facilities in Pune fully operational Pithampur, Madhya Pradesh plant to be operational soon Total planned annual capacity: 10,000 buses, 6,000 trucks and 24,000 SCVs One of the largest commercial EV R&D teams in the country

Retail Network:

The dealership network is expanding manifold with plans to open 120 more dealerships in FY27, with coverage spanning Tier 1, Tier 2 and Tier 3 cities across the country.

Order Book Visibility:

Over 6,000 e-buses in order book to be delivered within next 2 years

Petrol is expensive but no tension, now 1 in every 10 scooters is electric, big change for middle class.

By
Rahul Arora
-

Now One In Every 10 Scooters Is Electric Major Shift For The Middle Class – No tension on petrol being expensive, now one in every 10 scooters is electric, big change for the middle class.

Hindi News »

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Now One In Every 10 Scooters Is Electric Major Shift For The Middle Class

Skoda Peak electric flagship SUV revealed with 600 km range

By
Rahul Arora
-

Skoda Auto is set to expand its electric vehicle lineup with the all-new Skoda Peak, a flagship seven-seater electric SUV that is scheduled to arrive in mid-2026. Based on the Skoda Vision 7S, the Peak will become the brand’s largest and most spacious production model, offering a range of over 600 kilometers and flexible five- or seven-seat configurations.

Built on the Modular Electrification Toolkit (MEB) platform and manufactured in Mlada Boleslav, the Peak will serve as Skoda’s new electric flagship. The model is expected to play a key role in doubling the brand’s all-electric portfolio in 2026, giving customers more choices in the large electric SUV segment.

The biggest and most spacious Skoda ever

With approximately 4.9 meters of length, 1.7 meters of height and a wheelbase of 2,965 mm, the Skoda Peak has become the most spacious vehicle in the company’s lineup. The SUV can accommodate seven adults and offers exceptional practicality.

In five-seat configuration, the Peak offers up to 935 liters of boot space – the largest in any Skoda model. The seven-seat configuration offers up to 299 litres, complemented by an additional 37-litre front storage compartment (frunk).

The model also features the largest panoramic roof ever fitted to a Skoda vehicle, featuring electrochromic technology and Dynamic Shade Control with nine adjustable sections.

Modern solid design and premium features

The Peak adopts Skoda’s modern solid design language, which highlights:

Illuminated TechDeck face front panel with 18 light segments Full LED matrix headlights Aerodynamically optimized alloy wheels (19-21 inches) Flush door handles for better efficiency Ten exterior paint options

The SUV also offers five interior themes, including Sportline, Loft, Lodge and two premium suite design options using Tektona – a high-quality leather option. Many interior configurations feature sustainable materials, including over 50 kilograms of recycled materials.

Relax Package and Sonos Premium Audio

A standout feature is the optional Relax package, which transforms the cabin into a lounge-like environment. These include:

AGR-certified massage seats with electrically adjustable foot rest, foldable table, integrated wellness app with six modes, ambient light adjustment, climate control synchronization

Peak also offers a premium audio system developed in collaboration with Sonos, which delivers immersive 3D sound and high-quality audio performance.

Powertrain options and 600+ km range

Customers will be able to choose from three powertrain variants:

Peak 60 Peak 90 Peak 90X (all-wheel drive)

Power output ranges from 150 kW to 220 kW. The 90 and 90x variants offer a driving range of over 600 kilometers, with DC fast charging from 10% to 80% in about 28 minutes. The all-wheel-drive 90x variant accelerates from 0-100 km/h in just 6.7 seconds.

Advanced infotainment and digital features

The Skoda Peak has introduced a new Android-based infotainment system:

13.6-inch vertical touchscreen 10-inch driver display Augmented reality head-up display (optional) Google Maps, Spotify and YouTube integration Digital mobile key via smartphone or smartwatch

Vehicle-to-Load and Vehicle-to-Home Capabilities

Peak supports vehicle-to-load (V2L), allowing users to power outdoor devices like e-bikes and camping equipment. It also supports vehicle-to-home (V2H) functionality using the Ambibox DC wallbox developed by Moon Power, which enables the vehicle to supply energy to homes or businesses.

New Simple Smart Features

Peak has introduced several new “Simply Clever” solutions, including:

Wiper blades with integrated washer Dual wireless phone charging (QI2 standard) Electric luggage compartment shutter Folding rear table Third row display Cleaner USB port QR code Boot guide system

Sportline variant

The Peak will also be available in a Sportline variant with the following features:

Gloss black exterior elements 20-inch standard alloy wheels, sports seats with integrated headrests, aluminum pedals, black roof option, three-spoke sports steering wheel

Skoda Auto CEO Klaus Zellmer said the Peak is designed for families and long-distance travel, combining space, practicality and sustainable electric mobility.

Oliver Stefani, head of Skoda Design, said the Peak’s modern solid design philosophy emphasizes clarity, functionality and everyday usability, while strengthening the brand identity.

With its long range, premium comfort, advanced technology and spacious design, the Skoda Peak is positioned to become a flagship model in the brand’s expanding electric portfolio when it is launched in 2026.

Odyssey Electric reports 137% growth with sales of 1,350 units in March 2026

By
Rahul Arora
-

Odissi Electric Vehicles, one of India’s fastest growing premium electric two-wheeler manufacturers, has reported its highest monthly sales performance in March 2026 recording 1,350 units. The strong performance highlights the company’s rapid growth and growing demand for its electric mobility solutions.

The sales figure for March 2026 shows a significant increase from 1,127 units sold in February 2026, representing an increase of almost 20 percent month-on-month. On a year-on-year basis, the company achieved an impressive growth of 137 percent compared to March 2025, when Odyssey Electric had recorded sales of 569 units.

The growth momentum has been supported by the company’s continued expansion across India. Odyssey Electric has strengthened its market presence by expanding its distribution network to over 150 cities and covering over 500 pin codes in 17 states, improving accessibility for customers and supporting widespread EV adoption.

Highlights – March 2026

Total Sales: 1,350 units Month-on-Month Growth: ~20% growth as compared to February 2026 Year-on-Year Growth: ~137% growth as compared to March 2025 Market Expansion: Presence in 150+ cities and 500+ pin codes across 17 states

The strong sales performance reflects the growing consumer confidence in electric two-wheelers and strengthens Odyssey Electric’s position as an emerging player in India’s rapidly growing EV market.

Commenting on the performance, Mr. Nemin Vora, Chief Executive Officer, Odyssey Electric, said, “The strong growth momentum in March is a testament to our continued efforts to expand our market presence and provide reliable, high-performance electric mobility solutions. Amid global fuel mobility and rising environmental awareness, closing this period on a strong note further strengthens our confidence in the adoption of electric mobility. As demand continues to accelerate, we focus on strengthening our network, enhancing customer experience and introducing innovative products tailored to Focusing on Indian consumers.

Odyssey Electric Vehicles offers a diverse and evolving portfolio of electric two-wheelers for both urban commuters and performance-oriented riders. The company’s lineup includes a wide range of electric scooters like Hi-Fi, Racer Neo, Sun, Trot 2.0, Snap and Hawk Lee, spanning across low-speed and high-speed segments designed for daily commuting, last-mile connectivity and fleet applications.

Additionally, Odysse has expanded into the premium category with electric motorcycles like EVOQIS and VADER, targeting customers looking for high performance and long range. With options across different price points, battery configurations and use cases including IoT-enabled features and battery-swapping technology, the company is addressing both B2C and B2B mobility needs in urban and semi-urban markets.

Odyssey Electric has entered into a strategic partnership with Indofast Energy, a joint venture between Indian Oil Corporation and Sun Mobility, to integrate advanced battery-swapping technology across its product lineup, starting with the SNAP and Hy-Fy electric scooters. This collaboration enables a Battery-as-a-Service (BaaS) model, which significantly reduces upfront vehicle costs while eliminating range anxiety and long charging times for users.

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