On April 25, 2025, Ergon Labs, a provider of light electric vehicle powertrain technologies, announced a partnership with Omega Seiki Pvt. Ltd. (OSPL). Under this collaboration, OSPL will become the first OEM to integrate Ergon’s integrated power converter (IPC) into its electric three-wheelers, starting with the L5

On April 9, Remsons Industries Limited announced the acquisition of a 51.01% stake in Astro Motors Private Limited, a Pune-based manufacturer of electric three-wheelers, for a total consideration of INR 142.2 million. The acquisition includes INR 42.2 million through equity issued on a preferential basis and INR 100

On March 27, iGowise Mobility, a Bangalore-based deep-tech mobility startup, announced partnerships with EVMI Solutions, Subeez, and Yaanco SAS to expand its electric trike operations in the UK, Switzerland, and South America. The company is also collaborating with domestic fleet aggregator Hala Mobility to deploy 2,

On April 1, the Ministry of Heavy Industries reported that 1,149,334 electric two-wheelers (e-2Ws) were sold in India during FY 2024-25, ending March. This marks a 21% increase compared to the 948,561 units sold in the previous financial year. The sales of electric three-wheelers (e-3W) in the L5 category also reache

On March 26, Wardwizard Innovations & Mobility Limited unveiled plans to deploy 5,000 L5 electric three-wheelers for ride-hailing across India by FY 2025-26 through partnerships with SpeedForcEV, Cabeys, and AmpVolts. The alliances will combine fleet operations (SpeedForcEV), ride-hailing platforms (Cabeys), and char

On March 25, the Automotive Research Association of India (ARAI) announced that 3D Magic Info Solutions Pvt. Ltd, a Pune-based automotive engineering startup, has secured CMVR (Central Motor Vehicle Rules) compliance for its new electric three-wheeler models—Gravitti and Velocitti.
The certification validates that bo

On March 17, Lohia Auto announced its rebranding to Zuperia Auto Private Limited (ZAPL). The newly formed entity will focus on the mass-market electric three-wheeler segment under the brand "Youdha" while retaining the Lohia name for its premium offerings.
The restructuring aims to position Lohia as a premium segment

On March 20, Hero MotoCorp Limited (HMCL) announced that its board of directors has approved an investment of up to INR 5.25 billion (in one or more tranches) in Euler Motors Private Limited. The investment will allow Hero MotoCorp to enter the growing electric three and four-wheeler segments.
The primary investment

On March 18, Omega Seiki, an electric vehicle (EV) manufacturer, and Clean Electric, a clean energy innovator, jointly launched the Omega Seiki NRG, a passenger electric three-wheeler priced at INR 355 thousand. It is powered by FLO 150, a patented 15 kWh LFP battery pack developed by Clean Electric, delivering a max

On March 19, Rilox EV launched its dedicated electric vehicle (EV) leasing division, Rilox E-Mobility, which will begin its operations on April 1, 2025. The new division will offer cost-effective leasing solutions for both businesses and individuals,
Rilox E-Mobility plans to deploy 2,500 vehicles in its first year,

On March 17, Erisha E Mobility Private Limited, a venture under the Rana Group, announced that it had secured a USD 1 billion investment from a UAE-based industrial conglomerate. The funding will be used to expand the company’s operations beyond India into new markets, including the UAE, Saudi Arabia, the USA, Europe

On February 27, TVS Motor Company (TVSM) launched two new three-wheelers, the TVS King Duramax Plus and TVS King Deluxe Plus, in Mexico. Both models will be available starting March 2025 through the retail channels of the company’s official distributor, Motomex.
The TVS King Duramax Plus is equipped with a 225-cc liq

On February 27, Bajaj Auto Ltd. launched GoGo, its all-new brand of electric autos. The Bajaj GoGo has three variants: P5009, P5012, and P7012. The first two passenger vehicles launched are the P5009, priced at INR 327 thousand, and the P7012, priced at INR 383 thousand. In the variant nomenclature, P’ stands for pas

On February 24, Atul Greentech Private Limited (Atul), Valeo India Private Limited (Valeo), and Honda Power Pack Energy India (HEID) announced a partnership to commercialize a new concept of electric three-wheelers equipped with quick and easy battery swap technology. The collaboration aims to enhance the efficiency

On February 19, Matel Motion & Energy Solutions Pvt. Ltd. (Matel) announced a partnership with Honda Power Pack Energy India Pvt. Ltd. (HEID) to integrate its ePowertrain with HEID’s swappable battery solution. This collaboration aims to provide electric vehicle (EV) manufacturers with swappable battery solutions. 
M

On February 21, multiple sources reported that Kinetic Group will open a battery manufacturing facility in Ahmednagar, Maharashtra with an investment of INR 500 million. It will have a capacity of 60,000 battery packs. It will produce Range-X branded batteries for two and three-wheeler electric vehicles. It will prod

On February 17, Time Technoplast, in an investor presentation, announced that its subsidiary Power Build Batteries Private Limited has developed a low-cost, high-performance E-Rickshaw battery under the brand name of “e-START with SELENIUM”.  With advanced lead-acid technology and enhanced with selenium, these batter

On February 7, during an investor update, Bajaj Auto Limited announced that its exports exceeded 500,000 units in Q3 FY 2025 ending December and to cater to the demand, it now plans to expand production capacity in Brazil to over 50,000 units per year by Q4 FY 2026.
In the electric vehicle (EV) space, Bajaj Auto intr

On January 28, Gensol Electric Vehicles Pvt. Ltd. (GEVPL), a subsidiary of Gensol Engineering Limited, announced that it has received 30,000 pre-orders for its newly unveiled EZIO and EZIBOT electric vehicles from existing fleet operators. The company showcased these models at the Bharat Mobility Global Expo 2025.
EZ

On January 18, Godawari Electric Motors expanded its product portfolio with the unveiling of two new electric scooters, Eblu Feo DX, and Eblu Feo Z, and the launch of the Eblu Rozee ECO three-wheeler, priced at INR 296 thousand. It also announced plans to release the electric scooters in the upcoming quarter of 2025