Stay ahead of the curve with this week’s key electric vehicle (EV) updates from India and beyond. From strategic partnerships to government policies and exciting EV launches, here’s the latest buzz in electric mobility.
1. Ashok Leyland Partners with Nidec for E-Drive Motors
Ashok Leyland has teamed up with Nidec Motor Corporation to develop e-drive motors for electric trucks and buses. This partnership will innovate motor technology, improving efficiency and reducing emissions in India’s commercial vehicle sector.
2. PM E-Drive Scheme Launched
On October 1, 2024, the Indian government launched the PM E-Drive Scheme with a budget of ₹10,900 crore. The scheme aims to accelerate the adoption of EVs, especially two- and three-wheelers, and includes the installation of 2,000 new public charging stations across India.
3. Vidyut and JSW MG Motor Launch Battery-as-a-Service (BaaS)
Vidyut has partnered with JSW MG Motor to introduce Battery-as-a-Service (BaaS) in India. This model enables EV owners to rent batteries rather than purchasing them upfront, significantly reducing the initial cost of EV ownership. The option to swap batteries at designated stations makes EV adoption more accessible.
4. Ola Electric Sales Drop in September, While Bajaj and Ather Surge
September saw a decline in Ola Electric’s sales, while competitors Bajaj and Ather Energy reported a surge in electric scooter deliveries. This shift highlights the growing competition in India’s rapidly expanding two-wheeler EV market.
5. Bengaluru Becomes India’s EV Charging Hub
With 4,462 EV charging stations within city limits and 5,765 across the metropolitan area, Bengaluru has become India’s EV capital. The city’s comprehensive charging infrastructure is driving its leadership in sustainable transportation and EV adoption.
6. Toyota Delays U.S. EV Production to 2026
Toyota has delayed the local production of its electric vehicles in the U.S. from late 2025 to 2026. The company cites slowing EV sales and the need for further design refinements as reasons for the delay.
7. Mahindra ZEO Launched
Mahindra has launched its ZEO electric small commercial vehicle (SCV), priced from ₹7.52 lakh. It offers a real-world driving range of 160 km and advanced features such as ADAS and Hill Hold Assist. The ZEO is targeted at the urban logistics market
8. Kia EV9 Launched in India
Kia has launched its flagship EV9 electric SUV in India, featuring a 99.8 kWh battery that delivers a range of 561 km. With advanced features such as dual-screen displays and ADAS, the EV9 is priced around ₹1.3 crore and targets the high-end EV market.
Conclusion
From strategic partnerships and government initiatives to new EV launches and expanding infrastructure, this week’s news reflects the rapid progress in electric mobility. Stay tuned for more updates as the industry accelerates toward a cleaner, greener future.