Brandworks Technologies Bets on Design-Led ODM Model to Power India’s EV Electronics Ecosystem

Brandworks Technologies, long known for its consumer electronics and power management expertise, is making a decisive move into automotive electronics with a design-led Original Design Manufacturing (ODM) model. The company’s focus on powertrain motors, controllers, charging solutions and vehicle power electronics reflects a larger industry shift, where EV OEMs are seeking co-development partners rather than […]

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Servotech, Electra EV secure patent for low-voltage EV fast-charging technology

Servotech Renewable Power System Ltd., in collaboration with Electra EV, has secured a patent from the Indian Patent Office for an innovative electric vehicle charging device designed specifically for low-voltage EV platforms. The patented technology addresses a key interoperability challenge in India’s rapidly expanding EV ecosystem by enabling fast DC charging of low-voltage electric vehicles […]

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Ashok Leyland expands EV ambitions with new battery pack manufacturing facility in Tamil Nadu

Ashok Leyland, the flagship company of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, has broken ground on a greenfield battery pack manufacturing facility at Pillaipakkam near Chennai, marking a major step in strengthening the country’s electric mobility ecosystem. The project will involve an investment of approximately ₹400–500 crore and forms part […]

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VECV appoints B. Srinivas as MD & CEO; Vinod Aggarwal named Chairman  

VE Commercial Vehicles Ltd. (VECV) has announced the appointment of B Srinivas as the new Managing Director & CEO, effective 1st April, 2026. B Srinivas has spent more than three decades at Eicher, managing diverse responsibilities across various business lines, and in strategy, sales, marketing and operations. Since 2024, Srinivas has served as the Chief Operating Officer of VECV. […]

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Ultraviolette Launches BaaS ‘Battery Flex’ in partnership with Ecofy

Following the resounding success of the X-47 launch, Ultraviolette, India’s pioneering innovation-driven mobility manufacturer, has launched ‘Battery Flex’ (BaaS). This initiative marks the beginning of a transformative chapter, introducing a unique ownership model that redefines accessibility and affordability for customers across the nation. In partnership with Ecofy, India’s green-only NBFC focused on accelerating climate-positive adoption […]

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Truck Rentals Hold Steady in February as CV and EV Segments Show Strong Year-on-Year Growth

India’s mobility and logistics sector witnessed relatively stable trucking activity in February, with truck rentals across major trunk routes remaining largely rangebound month-on-month, according to the latest industry data. Despite the stable month-on-month trend, several key routes recorded notable year-on-year growth. The Delhi–Mumbai–Delhi corridor led the growth with an 8% increase in truck rentals, followed […]

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Axis Bank Partners Tesla to Offer Tailored EV Financing in India

As electric mobility gathers pace in India, the ecosystem supporting EV adoption is expanding beyond vehicle technology and charging infrastructure to include innovative financing solutions. In line with this shift, Axis Bank has announced that it will become a preferred financer for Tesla, offering customised financing options designed specifically for customers purchasing Tesla vehicles in […]

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