Greenway Mobility Introduces New Electric Three-wheeler Brand E-Vi
Greenway Mobility introduces new electric three-wheeler brand E-Vi, with two advanced electric vehicles – Chhota Otto and Chhota Bull that are expected to launch in the fourth quarter of FY24. The brand also aims to launch Rydan, a high-speed passenger…
Musashi Auto Parts Expands into EV Component Manufacturing
The rapid expansion of India’s electric vehicle (EV) market, particularly in the two- and three-wheeler segments, has prompted Japanese Tier-1 supplier Musashi Auto Parts India (MAP-ID) to diversify into EV components. A leading supplier of transmission gears and differential assemblies…
BAXY Mobility Introduces New Range of Electric Three-Wheelers in India
BAXY Mobility has rolled out a new range of electric three-wheelers with ten new models, aimed at expanding the company’s presence in India’s growing electric vehicle market. Both passenger and cargo electric three-wheelers with lead-acid and lithium-ion battery technologies are…
Wardwizard Innovations & Mobility Partners with Mufin Green Finance
Wardwizard Innovations & Mobility announced a strategic partnership with Mufin Green Finance, a prominent NonBanking Financial Company (NBFC) specializing in three-wheeler (3W) electric vehicle loans. This partnership exclusively focuses on providing customised financing solutions for Wardwizard’s L3 Passenger and L5…
Lohia Introduces Humsafar IK Tipper EV for Waste Collection
Lohia has unveiled its new Humsafar IK Tipper EV, specifically designed for waste collection and management. This is an all-electric waste collection vehicle that has been introduced to reduce tailpipe emissions in the sector. The company revealed that this EV…
Hero MotoCorp Considers Investment in Electric Three-wheeler Startup
Leading two-wheeler brand Hero MotoCorp (HMC) is in advanced negotiations to make a significant strategic investment in Altigreen Propulsion Labs, a Bengaluru-based startup specialising in electric three-wheelers (E3Ws), according to a report by the Economic Times. This move could mark…
Mahindra & Mahindra to Spruce up Electric 3W Play to Take on Bajaj
Mahindra & Mahindra (M&M) is looking to maintain its leadership in the small electric commercial vehicle segment by launching a slew of new products and pushing its manufacturing footprint further. This comes alongside the decision of M&M announced on May…
Greaves Electric Mobility Unveils Eltra City E3W At INR 3,67 Lakh
Greaves Electric Mobility has announced the company’s electric 3-wheeler passenger vehicle, the Greaves Eltra City, now available at a price of INR 3,66,999 (ex-showroom). The range of 160 km ensures uninterrupted travel and increased profitability for drivers. The Eltra City…
Ecofy And Mahindra Last Mile Mobility Partner to Boost Electric Three-wheeler Adoption in India
Ecofy, an Indian green-focused NBFC supported by Eversource Capital, has partnered with Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Ltd. This collaboration aims to enhance the adoption of electric three-wheelers in India by merging Mahindra’s…
Electric 3-wheeler Market worth $1.5 billion by 2030 Globally, at a CAGR of 2.2%
The electric 3 wheeler market is projected to grow from USD 1.3 billion in 2024 to USD 1.5 billion by 2030, at a CAGR of 2.2%. With the increasing stringency of government mandates, 3 wheeler manufacturers’ focus has shifted to…
