EV

India’s electric mobility ecosystem received a fresh boost as Statiq secured USD 18 million in funding to expand its electric vehicle charging network. The capital infusion will be used to scale charging infrastructure, enhance technology platforms and strengthen market presence across key urban and highway corridors. The development underscores rising investor confidence in India’s EV transition, driven by supportive policy frameworks, growing vehicle adoption and the urgent need for reliable charging solutions.

Maruti Suzuki has formally introduced the e-Vitara, marking a significant milestone in the automaker’s electric vehicle strategy for the Indian market. The launch underscores the company’s intent to transition from a cautious observer to an active participant in the country’s rapidly evolving EV landscape. Designed on a dedicated electric platform, the e-Vitara blends familiar SUV styling with next-generation electric architecture, targeting urban and semi-urban consumers alike.

Škoda Auto is enhancing the in-car digital experience of its battery electric vehicles by integrating AirConsole gaming, Škoda Play, and Spotify into its infotainment systems. The move reflects the automaker’s broader strategy to reposition vehicles as connected digital platforms rather than purely mechanical products. By adding entertainment and lifestyle services, Škoda aims to improve customer engagement, particularly during charging stops, while aligning with evolving consumer expectations around connectivity.

Ola Electric’s third-quarter earnings offered a clear view into the financial realities shaping India’s fast-evolving electric two-wheeler market. The results reflected steady revenue traction supported by rising electric scooter adoption, alongside continued pressure from high operating costs and investments in technology, manufacturing scale, and charging infrastructure. Management commentary underscored a long-term focus on volume growth, cost optimization, and ecosystem development rather than near-term profitability.

India’s largest two-wheeler maker, Hero MotoCorp, is sharpening its growth strategy by expanding aggressively across scooters, electric vehicles, and premium motorcycles. Confronted with shifting consumer preferences, tighter emission norms, and intensifying competition, the company is recalibrating its portfolio to reduce dependence on entry-level commuter bikes. Management sees scooters and EVs as volume and future-growth drivers, while premium motorcycles are expected to strengthen margins and brand perception.

Ola Electric Mobility reported a gross margin of 34% in the third quarter, underscoring improved cost efficiencies and recalibrated operating priorities amid an evolving electric vehicle market. The performance reflects a strategic “structural reset” aimed at strengthening unit economics, rationalizing expenses and aligning production with demand realities. As India’s electric two-wheeler segment navigates pricing pressures and regulatory shifts, Ola Electric’s margin profile indicates progress toward financial sustainability.

Bhago Mobility has entered into a strategic partnership with Honda Motorcycle & Scooter India (HMSI) and HEID to strengthen India’s electric mobility infrastructure and accelerate EV adoption. The collaboration aims to combine manufacturing expertise, distribution strength and technology integration to create a robust electric vehicle ecosystem. Industry observers view the alliance as a significant step toward scaling affordable and reliable electric mobility solutions.

Tata Motors has unveiled the facelifted version of its Punch EV ahead of its expected 2026 launch, underscoring the company’s continued focus on strengthening its electric vehicle portfolio. The refreshed model features design updates and technology enhancements aimed at improving appeal in the competitive compact electric SUV segment. The move reflects Tata Motors’ strategy to consolidate its leadership in India’s EV market by offering accessible, feature-rich electric options to mass-market consumers.

LeafyBus has entered into a strategic partnership with Eicher to expand the deployment of electric buses across India, marking a significant step in the country’s clean mobility transition. The collaboration combines LeafyBus’s expertise in electric mobility solutions with Eicher’s manufacturing strength and deep presence in the commercial vehicle market. Together, the companies aim to deliver efficient, scalable, and sustainable public transport solutions tailored for urban and intercity needs.

India’s electric two-wheeler market is expected to return to a growth trajectory after a period of moderation, supported by improving demand fundamentals and a more stable policy environment, according to Crisil Ratings. The sector, which faced short-term headwinds from subsidy changes and pricing adjustments, is now benefiting from cost rationalization, better product offerings, and rising consumer acceptance. With urban mobility needs expanding and fuel costs remaining volatile, electric scooters and motorcycles are regaining traction.