Kia Sonet Surpasses 400,000 Sales Milestone;Chargeup’s Strategy To Enroll 100,000 Drivers and More...

In a remarkable feat, Kia’s compact SUV, the Sonet, has achieved a monumental milestone by surpassing 400,000 sales worldwide within a mere 44 months since its launch. The Sonet, acclaimed for its premium features and dynamic performance, has carved a niche for itself in both domestic and overseas markets.

Chargeup, a prominent platform for battery financing and comprehensive EV asset management, aims to enroll 100,000 drivers within the next three years and expand its services to cover one million drivers across 30 cities within five years.

Odysse Electric, a manufacturer of electric two-wheelers, is seeking to raise between USD 5-10 million to fuel its expansion plans, which include new product development and ramping up manufacturing capabilities to target the mass market segment. The company’s CEO, Nemin Vora, revealed that they have initiated the process of securing external funding, expected to be finalized by the current fiscal quarter. Operational since 2020, the EV maker, headquartered in the city, boasts a network of over 60 dealerships across 20 states and claims to have sold over 10,000 vehicles domestically, with an additional order book exceeding 20,000 units through its B2B channel.

In a notable development, the JNPA- Jawaharlal Nehru Port Authority intends to replace over 6,500 trucks currently in operation within and around the port with electric vehicles as part of its ‘Zero Emission Trucking’ strategy, according to officials.