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Vidyut Introduces Battery-as-a-Service for Passenger Cars Bengaluru-based startup Vidyut has expanded its Battery-as-a-Service (BaaS) portfolio to passenger cars, partnering with JSW MG Motor India. This initiative introduces a pay-as-you-go battery rental model for the MG Comet EV, MG Windsor EV, and MG ZS EV, starting at ₹2.5 per kilometre. Customers can reduce running costs by up to 40% compared to traditional vehicles. Story Insights by Mansi Singh Bengaluru-based startup Vidyut has expanded its Battery-as-a-Service (BaaS) portfolio to passenger cars to address the high upfront costs associated with electric vehicles (EVs) and to promote wider adoption of EV technology. This initiative will lead to a more accessible ownership model, significantly reducing running expenses and making EVs financially viable for a larger segment of the population. By enabling customers to rent batteries based on usage, Vidyut is contributing to the transition towards cleaner transportation, which is crucial for reducing greenhouse gas emissions both in India and globally. This innovative rental model not only enhances affordability but also creates opportunities for increased investment in the EV ecosystem, paving the way for sustainable urban mobility solutions and a more environmentally friendly future.   To learn more about this Einfews story, please visit: https://shorturl.at/Opaqv For more Einfews stories on the power sector, visit Eninrac’s Einfews:  https://bit.ly/3OcLLXY To subscribe for more updates, email us at: connect@eninrac.com #Battery-as-a-Service, #BaaS, #JSW, #MGMotoIndia, #MGWindsorEV

Let's talk about EV -> Electric Vehicles 🚗 ⚡🏎 When I first moved to London, I was genuinely excited to get on a TIER Mobility scooter for the first time- we don't have these up in my northern rural hometown. Granted, 18 months down the line the hype has worn off and I get the tube like everybody else...but in reality, EVs are the future. Efficient, affordable and environmentally-friendly, it's no surprise that Ev startups have cropped up in cities across Europe, with a vision to revolutionise transport in the 21st century. 🍏 NECTURE offer Charging-as-a-Service and a platform for electric car fleets. Founder: Christian Adelsberger 🏴 JUCR take the title as the fastest-growing EV charging platform in Germany Founders: Richard Birich and Max Grollmann 🔴 Monta are an operating platform powering the EV charging ecosystem Founders: Casper H Rasmussen and Anders Pedersen 💜 Carla are the one-stop shop for buying, selling and financing an electric vehicle Founders: Patrik Illerstig and Niklas Jungegård 🤸♂️ Beryl set up affordable bike, cargo bike and scooter schemes in locations around the UK Founders: Philip Ellis and Emily Brooke MBE 🔷 Easelink have developed automated conductive charging technology Matrix Charging® for electric vehicles Founder: Hermann Stockinger 💚 Ember are an interurban and rural bus service based in Edinburgh, using their platform which coordinates their entire operation Founders: Pierce Glennie and Keith Bradbury 🎱 Onto are Europe's largest electric car subscription service Founders: Rob Jolly and Dannan O. 🌲 Charge Amps have created sustainable and sleek charging ports for electric vehicles Founder: Fredrik Jonsson 🌊 Wayve Founders: Alex Kendall and Amar Shah P.S patiently waiting for LinkedIn to add an EV category for business industry so that these guys can get their true recognition... 👀 #electricvehicles #climatetech #startups

Mahindra Last Mile Mobility Limited (MLMML) has partnered with Bengaluru-based EV startup Vidyut to introduce a Battery-as-a-Service (BaaS) program for its electric four-wheelers (4Ws) and three-wheelers (3Ws) Read more: https://bit.ly/3ZQep7g #MahindraVidyut #BatteryAsAService #ElectricMobility #Sustainability

5 EV Startups Leading India’s EV and Sustainable Mobility Revolution EV startups witnessing a surge in hybrid and electric vehicle sales in India 2023 underscores a notable shift towards sustainable and green mobility, reflecting evolving consumer preferences. Hybrid car sales reached a record-breaking 82,607 units, surging over four times compared to 2022, while battery-operated electric car sales nearly doubled to 81,710 units. This marked the […] The post 5 EV Startups Leading India’s EV and Sustainable Mobility Revolution appeared first on IndiaTechDesk - India's Leading Tech and Startup Media Publication . https://lnkd.in/gGTZEUzP

Green Tiger Mobility Pvt. Ltd., a pioneering startup founded by Ashish Dokania in 2020, is reshaping the future of mobility in India by offering innovative electric retrofitting solutions for two-wheeled vehicles. By transforming traditional petrol scooters into hybrid and fully electric vehicles, Green Tiger is not just addressing the growing demand for sustainable transport but also contributing to a greener, more cost-effective future. India, with its vast network of over 400 million two-wheelers, faces significant challenges in terms of air pollution, fuel dependence, and vehicle emissions. Green Tiger is tackling these issues head-on with its groundbreaking retrofitting technology, which offers two core solutions: Hybrid Electric Vehicles (i-Hybrid) and fully Electric Vehicles (EVs). These solutions provide an eco-friendly alternative to traditional petrol-powered scooters, significantly reducing carbon emissions while saving owners money on fuel and maintenance. Read more at: https://lnkd.in/dmNscTi5

🚀 ZYP TECHNOLOGIES LAUNCHES EVS WITH BATTERY SWAP STATIONS IN PAKISTAN 🚀 Pakistani electric vehicle startup, Zyp Technologies, has just raised $1.5M in Series Pre-A funding led by Shorooq Partners! 💸 This investment will enable Zyp to launch their innovative electric smart mobility solutions across Lahore, Pakistan. 🇵🇰 What’s New? Funding: Led by Shorooq Partners, with Indus Valley Capital and several angel investors joining in. Expansion: Plans to establish 60 battery swap stations and deploy 1000 Zyp Utility Motorcycles (ZUM 2000) within the next year. Tech Features: These smart motorcycles come with fleet management software, accident alerts, anti-theft features, and location tracking. 🛵📲 Environmental Impact: Aligns with Pakistan’s National Electric Vehicle Policy aiming for 30% EVs by 2030. Achievements Licensed among 31 companies for EV manufacturing in Pakistan. Established an assembly line capable of producing 12,000 electric motorcycles annually. Planning a mass release in Gulf nations, including the UAE, by 2025. 🌍 Success Stories Chughtai Lab: Over 70,000 km traveled in a successful six-month trial. TCS Courier: High performance demonstrated in a three-month trial. Vision Hassan Khan, Co-founder & CEO, says, "This pivotal investment accelerates us towards achieving Pakistan’s EV ambitions by 2030. We’re removing affordability barriers for high-quality EVs designed for Pakistan’s tough environment." Join the Movement Zyp Technologies is not just about EVs; it’s about pioneering a sustainable future for Pakistan’s urban transportation. 🌱🔋 #ElectricVehicles #SustainableMobility #Pakistan #GreenEnergy #TechInnovation #FutureOfTransport #ZypTechnologies #InvestmentNews #SmartMobility #EnvironmentalImpact #CleanEnergy https://lnkd.in/gnx9ip-g

Mahindra Last Mile Mobility Limited, in partnership with Bengaluru-based EV startup VIDYUT , has launched an innovative Battery-as-a-Service (BaaS) program for its 4W and 3W commercial electric vehicles, including the Mahindra ZEO, Zor Grand, and Treo Plus. Here’s why this initiative is a game-changer: ✅ Affordable Entry: BaaS reduces the upfront EV cost by up to 40%! ✅ Pay-as-You-Go: Starting at just ₹2.50/km, customers can rent batteries instead of buying them outright. ✅ Flexibility: Continue renting or buy the battery at the end of the term – the choice is yours! This collaborative effort aims to make EV adoption more accessible and financially viable for businesses and individuals alike. 💡 For more insights about this news, check the link: https://lnkd.in/dKRawavD 🔔 Stay updated on the latest in Future Mobility—follow gyaniki today! #EVNews #EVUpdates #FutureMobility #ElectricVehicles #BatteryAsAService #EVInnovation #Sustainability #gyaniki #EVAdoption #Mahindra #BaaS #AutomotiveNews

🚀 Exciting News from Bounce! 🚀 In FY23, Bounce, an electric two-wheel manufacturer, showcased remarkable growth. With a 19% decrease in net loss to INR 197 Cr and a whopping 510% surge in operating revenue to INR 90.9 Cr, it's evident that Bounce's shift to electric vehicles (EVs) is paying off. Bounce's revenue soared in FY23, mainly driven by its electric scooter sales, earning around INR 83.5 Cr. Founded in 2014 as a bike rental platform, Bounce pivoted to EV manufacturing in 2022, offering EV scooters for sale and rent. Despite increased expenditure, including INR 89.1 Cr on procurement and INR 47.4 Cr on employee costs, Bounce remains focused on growth. Notably, the startup implemented a restructuring drive in January 2023, impacting around 3-4% of its workforce. With a recent funding of $105 Mn in January 2020 and total funding exceeding $214 Mn, Bounce is poised for further expansion. Stay tuned for more updates as Bounce continues to revolutionize the EV industry! #Bounce #ElectricVehicles #Innovation #StartupSuccess 🛵🔋 https://lnkd.in/dZkrRuw6

We love nothing more than keeping our fingers on the pulse of new disruptors entering the market. Start up Ample is on a mission to revolutionize commercial fleets with its cutting-edge electric vehicle battery swapping technology. Over the past three years, they have successfully piloted their tech in #SanFrancisco, #Madrid, and #Japan. Now, they are gearing up to turn those pilots into commercial contracts by 2025! ⚡ Sadahiko Haneji Khaled Hassounah Brigitte COURTEHOUX They have recently secured a $25M investment from Mitsubishi Corporation to help them scale, a first of what they hope to be a $75M round. The funds will support their expansion from tens of swapping stations and a few hundred Ample-equipped vehicles today to hundreds of stations and thousands of vehicles next year. Their partnership with Mitsubishi Corp. is a game-changer, providing access to commercial fleets interested in electrification and renewable energy resources for our stations. Partnerships are the driving force behind the future of mobility and what MOVE: Mobility Re-imagined has been designed to facilitate. Free2move a carsharing service by Stellantis is going to be their first pilot user. Exciting times ahead as we see exciting companies like these continue to pave the way for a cleaner, more sustainable future! 🌍🔋 #EV #BatterySwapping #Sustainability #ElectricVehicles #Startup #Ample #Innovation #CleanTech #FutureofMobility MOVE: Mobility Re-imagined

"Ola Electric founder and CEO Bhavish Aggarwal has said that his company was well ahead of competition to grow the electric two-wheeler business and added that rivals needed to invest heavily in technology to come up to speed, while reiterating his suggestion to stop the production of scooters and bikes that run on traditional internal combustion engines. “Our competitors, who had said that EV is a fake business and there is no money to be made, have pretty much eaten their words by their actions. Ab maidan mein sab kood parein hain (now everyone has jumped into the fray), without the right tools and weapons. All of them are losing money in EVs, while I am profitable. They will have to go through the journey of investing in technology. In the last four years, I have invested almost $1 billon, which they have not done. EV is not an assembly game, it is a very strong technology game,” Aggarwal told TOI. One in every five scooters sold in India is now an EV, which the startup founder believes is coming of age for a segment that was not seen to be viable. Those like Rajiv Bajaj of Bajaj Auto have been sceptical of EVs. “It is good that they (rivals) are in the maidan (field), because it will increase consumer mindshare of EVs, but it will be hard for them to compete on product performance, profitability and growth because they just don’t have the foundation required in terms of technology,” he said. Aggarwal said there is now “rhythm” in the electric two-wheeler space, with the entire infrastructure falling into place — from suppliers to distribution and charging ecosystem. “In scooters, ICE production should stop because customers have enough options. The ICE industry is doing dis-service to the nation by continuing to produce ICE... The market forces are in good rhythm to scale up the charging network, distribution, service network and supply chains. The ICE makers in national interest should shut down ICE… If they don’t take EVs seriously, if they don’t invest, their shareholders will punish them in the future,” he said. Ola Electric, which listed recently, has lined up plans to add 1,000 non-company stores to augment its capacity of 850 dealerships and will launch its motorbikes in the March quarter, having unveiled three models, with eight variants, on Independence Day. “There is continued focus on vertical integration to bring in newer technologies and reduce costs. Our overall strategy is to drive profitable growth,” he said, while repeatedly emphasising on the need to keep costs low. Aggarwal did not rule out an entry into three-wheelers, although he qualified it by saying that the company has never announced any launch date." Full report: https://lnkd.in/g-qmREQ2