On March 20, Ultraviolette partnered with Bolt.Earth to roll out a nationwide network of interoperable Type-6 DC fast chargers for light electric vehicles, including electric two- and three-wheelers. Type-6, codified by the Bureau of Indian Standards as IS 17017 (Part 2/Section 6) and internationally as IEC 62196-6,

On March 18, IRP Systems announced Dynamic 2, a motor controller designed to address the growing demand in the electric two-wheeler segment. It was showcased at the latest edition of the EV Conclave in New Delhi (India). It is part of the EVVER Dynamic portfolio. 
Dynamic 2 combines compact design with high power den

On March 16, CollarEV launched Moon, a purpose-built electric two-wheeler for the B2B delivery and logistics market, at a starting price of INR 80 thousand. It features a brushless DC motor with 2.2 kW peak and 1.5 kW nominal power, delivering 60 Nm of torque for silent but high-torque urban operations. The scooter o

On March 18, 2026, Ola Electric’s board approved a proposal to change the use of part of its IPO proceeds and extend the utilisation timeline, subject to shareholder approval.
Under the plan, INR 5.75 billion will be shifted out of “research and product development” and reallocated as INR 1 billion to “organic growth

On March 19, 2026, Honda Motorcycle & Scooter India announced that it will add a third production line to its second plant at Tapukara, Rajasthan, with 670,000 units a year of 125–160 cc scooter and light motorcycle capacity from 2028. The company will invest about INR 15 billion to buy 74,000 square meters of adjace

On March 17, 2026, Matter and US-based Iontra announced a partnership to integrate Iontra’s real-time battery sensing and adaptive charging technology as a core layer of Matter’s AI-Defined Vehicle (AIDV) platform for electric two-wheelers. The integration is designed to measure battery health in real time, dynamical

On March 12, the Constitutional Governor of the State of Mexico, in a social media post, announced that the India-based two-wheeler OEM Bajaj Auto is planning a new plant in the Toluca Valley. The motorcycle assembly plant is expected to generate 2,500 direct jobs and 6,000 indirect jobs. Multiple sources reported th

On March 16, 2026, Zelio E-Mobility launched the 2026 variant of its low-speed electric scooter X-Men+ at a starting price of INR 60,000. It is powered by a 60/72V BLDC motor that consumes about 1.5 units of electricity per charge. The scooter supports both lithium and lead batteries, with charging times of 4–5 hours

On March 15, Tamil Nadu Industrial Development Corporation (TIDCO) announced that it will invest INR 250 million in Raptee Energy under the TIDCO Startup Investment Policy 2025, marking one of its first two startup investments alongside AgniKul Cosmos.
Raptee Energy is an electric mobility startup developing high-per

On March 3, the National Company Law Tribunal (NCLT) in New Delhi ordered the liquidation of Hero Electric Vehicles Pvt Ltd after creditors failed to approve any resolution plan before the extended insolvency deadline of February 13, 2026. Despite multiple bidding rounds and two rival plans, the best‑supported propos

On March 12, Autoliv, Inc. and Yamaha Motor Co. announced that they have co-developed an innovative airbag system for the new Tricity 300 commuter scooter. This new airbag system is designed to protect the rider in the event of a front collision. The updated Tricity 300 model will be available from the first half of

On March 12, 2026, TVS Motor launched the TVS Orbiter V1, a 1.8 kWh variant positioned as its most affordable electric scooter, and rolled out Battery-As-A-Service (BaaS) across its EV portfolio. With BaaS, the Orbiter V1 starts at INR 49,999 (inclusive of PM E‑DRIVE), while customers opting to buy the scooter with t

On March 11, Zelio E-Mobility announced that it will set up its fourth manufacturing facility in Coimbatore, Tamil Nadu, a 39,000 sq. ft. plant that will handle electric scooter assembly, storage, logistics, and allied activities, with operational setup starting April 2026 and commercial operations targeted for July

On March 11, Kinetic Engineering Ltd (KEL) announced that its promoter group has infused an additional INR 400 million into the company via conversion of warrants, taking promoter shareholding to 65% from 49% four years ago. It mentioned that the fresh capital will strengthen its balance sheet and support growth acro

On March 7, Zelo Electric introduced the Knight+ Rani Edition, a limited-edition electric scooter for INR 69,990. It is based on the Knight+ platform and uses a 1.8 kWh portable LFP battery with a claimed 100 km range, paired with a 1.5 kW motor and a top speed of 55 km/h. The Rani Edition retains the standard Knight

On March 5, Ultraviolette introduced ‘Battery Flex’, a battery‑as‑a‑service (BaaS) plan developed with green-focused NBFC Ecofy, allowing customers to buy the X‑47 crossover electric motorcycle chassis starting at INR 149 thousand and subscribe to the battery from INR 2,499 per month with a five‑year battery warranty

On March 5, Bajaj Auto announced that KTM AG had fully prepaid all outstanding amounts on a EUR 450 million secured term loan extended by Bajaj Auto International Holdings BV (BAIH BV), its wholly owned subsidiary, leading to the termination of the facility agreement on March 5, 2026. 
The loan, executed on May 21, 2

On March 5, Motilal Oswal Financial Services said it acquired 350 thousand shares of Zelio E‑Mobility, representing a 1.65% stake, via a block deal at INR 280 per share for a total consideration of INR 98 million. Zelio raised INR 783.4 million in its October 2025 IPO.
It manufactures a range of low‑speed and high‑sp

On March 2, multiple sources reported that EV startup Bounce raised about USD 3.9 million in a funding round led by existing investors Accel, B Capital and Qualcomm Ventures,
According to regulatory filings with the Ministry of Corporate Affairs, the company allotted 3.76 million Series F compulsorily convertible pre

Announced on March 1, 2026, YADEA began operations at its new Bac Ninh manufacturing plant, marking a first-phase investment exceeding USD 100 million. 
Located in Tan Hung Industrial Park, the facility is designed for an annual output of around 1 million electric two-wheelers, with plans to double capacity in later