Posied to launch an electric two-wheeler during the second half of FY2024-25, TVS Motor Company is eyeing 30 percent share of its sales to come from electric vehicles. In this direction, the Chennai-based company is also working on an electric three-wheeler. 

TVS Motor Company Managing Director Sudarshan Venu opined that the company is gearing up for an aggressive push into the electric vehicle (EV) market with plans to have a large portion of its sales from its electric portfolio in the coming years.

Speaking to Motoring Trends on the sidelines of Indian Chamber of Commerce’s Annual General Meeting held in Kolkata, the top official said, “We are incredibly excited about electrification and it’s becoming a central focus for TVS. A significant portion of the company’s future growth will come from its electric line-up. The company has identified electric mobility as a major area of investment and expects that this segment will contribute to around 30 percent of its sales in the foreseeable future.”

The company is currently offering electric scooters like the iQube and X. It is gearing up to introduce another electric scooter this financial year. What is even more interesting is the foray of TVS Motorc Company into electric bicycles. It is in line with its commitment to build a full range of electric mobility solutions.

TVS is heavily investing in research and development with a significant focus on electric vehicle technology. The company, claim sources, employs around 800-900 engineers in research and development. Their expertise, sources add, spans across key domains on the electric vehicle side such as battery management system, motor control unit, cycle control unit and various electronics.

With an emphasis on developing much of the components used in electric vehicles, inclduing the motor in-house, TVS is working to further advance its capabilities in the electric mobility space.

Commenting on the technological focus of the upcoming electric two-wheeler, Venu noted, “The new product is expected to focus on advancements in battery technology, which is continuously improving. TVS, through its global partnerships, aims to offer batteries that are among the best in the market. Additionally, the integrated electrical and electronic architecture, along with significant investments in vehicle software, control systems and physical design, are seen as key strengths. Bringing these elements together is considered a major advantage for the company, setting it apart in the competitive electric vehicle market.”

Answering whether the manufacturer plans to foray into the electric small commercial vehicles market, he said, “TVS is currently focusing its efforts on two and three-wheelers and is not actively pursuing the small commercial vehicles market. The company is prioritising advancements and innovation in its existing vehicle segments rather than expanding into that space at this time.”

Mid-term growth

Looking ahead, TVS anticipates strong growth in the two-wheeler market with the managing director forecasting industry growth in proper double digits. He added that TVS is well-positioned to grow at a faster rate than the overall industry, driven by its investments in both electric and internal combustion engine (ICE) vehicles.

As part of its growth strategy, TVS is also focusing on expanding its presence in the export market. The company has set its sights on increasing its market share in its current export markets while also exploring new opportunities. One key area of focus is Europe, where TVS plans to expand its presence by CY2025. The company is also optimistic about opportunities in Africa, where the market is beginning to recover after a challenging period.

“Africa, which contributes a significant portion of our export revenue, had bottomed out but we’re seeing signs of improvement and expect to capitalise on opportunities there,” the managing director said.

Alluding to whether EVs will outgrow ICE in the two-wheeler category in the near future, Venu remarked, “We recognise the opportunities in the electric vehicle sector and aim to capitalise on them. While the electric two-wheeler market is expected to grow rapidly, partly due to its low starting base, ICE vehicles are still seen as having a significant future. Currently, ICE vehicles account for 95 percent of the industry, and TVS believes consumer preferences will largely dictate the pace of transition. As a result, the company continues to invest in new ICE products, seeing potential for growth in both EV and ICE segments.”

On the alternative-fuel front, he noted that CNG is considered an appealing option due to its emissions-saving potential and affordability. The three-wheeler market, particularly in India and other regions, is experiencing notable growth, presenting opportunities in this segment. TVS is expected to explore this area further. 

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Yulu, the electric vehicle (EV) sharing platform, has recorded over 1 billion kilometres of travel in Bengaluru. The company operates a fleet of 22,500 EVs within the city, serving as a primary infrastructure for short-distance commutes and hyperlocal deliveries. Since its inception, the platform has supported 190 million deliveries and estimates that its operations have prevented 27 million kilogrammes of carbon dioxide emissions in the region.

The company's Bengaluru network covers major industrial and commercial hubs from Peenya to Whitefield and Hebbal to Electronic City, supported by 700 Yulu Zones and 16 centres.

At a national level, including operations in Mumbai, Delhi NCR and Hyderabad, Yulu manages 46,000 EVs, which have collectively covered 2 billion kilometres. The platform utilises a vertically integrated technology stack, including AI-enabled fleet rebalancing and predictive maintenance, alongside the Yuma Energy network for battery swapping.

In the delivery sector, Yulu accounts for approximately 1 in 3 vehicles at local dark stores. During March 2026, the platform enabled nearly 300,000 deliveries per day, totalling 8.5 million for the month. The company reports that delivery partners using its electric scooters can reduce operational costs by 30-40 percent compared to petrol-powered alternatives. Beyond logistics, the service is also being adopted by professionals in the on-demand household services market.

Looking forward, Yulu plans to increase its Bengaluru fleet to between 35,000 and 40,000 vehicles over the next year. This expansion is intended to support a target of 20 million monthly deliveries while increasing the density of its service across urban neighbourhoods.

Amit Gupta, Co-Founder & CEO, Yulu, said, “Namma Bengaluru has always been at the heart of Yulu’s story. Today, nine years after we were founded in this very city, we are proud to remain the clear “first choice for the last mile”. The 1 billion-km milestone is just the beginning, as Yulu strives to make Bengaluru a national leader in technology-enabled EV adoption. As we look ahead to the future, Yulu remains committed to championing electric mobility that is not only sustainable, but also affordable and accessible to millions of Bengalureans and Indians.”

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VinFast Auto India, a subsidiary of the global electric vehicle manufacturer VinFast, has launched the all-new VF MPV 7 specifically for Indian buyers. Priced at INR 2,449,000 ex-showroom, this premium electric seven-seater multi-purpose vehicle is engineered to deliver the space and adaptability that Indian families prioritise. The launch represents VinFast’s third product debut in the country within a single year, highlighting the company’s determination to strengthen its presence in India’s rapidly expanding electric vehicle market.

Understanding that space is the top concern for multi-generational Indian households, the VF MPV 7 features a theatre style seating arrangement that ensures genuine comfort even in the third row. With a wheelbase measuring 2,840 mm, the vehicle comfortably accommodates seven passengers. Storage capacity reaches up to 1,240 litres, allowing ample room for luggage, daily necessities and various family lifestyle needs, making the vehicle practical for both routine commutes and longer journeys.

Powering the VF MPV 7 is a 60.13 kWh lithium-ion battery that delivers an ARAI-certified range of 517 km on a full charge. Fast charging capability can replenish the battery from 10 to 70 percent in just 30 minutes. The front wheel drive system produces 150 kW and 280 Nm of torque, enabling acceleration from zero to 100 kmph in under 10 seconds. The exterior is finished with all-LED lighting, giving the vehicle a genuinely premium look inside and out.

A comprehensive ownership package accompanies the VF MPV 7, featuring three years of free maintenance, a 10-year battery warranty, a 7-year vehicle warranty, a 5-year suspension warranty, a 7-year paint warranty and 7-years of roadside assistance. This package offers best in segment assurance for customers. The VF MPV 7 joins the VF 6 and VF 7 in VinFast India’s expanding lineup. All models are locally assembled at the company’s factory in Thoothukudi, Tamil Nadu, following a production philosophy of building vehicles in India for India.

Tapan Ghosh, CEO, VinFast India, said, “The all-new VF MPV 7 is VinFast’s third product for India and is most suited for customers with large families. It is designed to offer generous space for every member of the family, comfort that makes even the longest journeys feel effortless and intelligent features that elevate every single drive. With the VF MPV 7, we are entering a new segment, but more importantly, we are expanding our commitment to India.”

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Nissan has introduced the all-electric version of its JUKE model during its Vision event held at its global headquarters in Japan, signalling a decisive move forward in the brand’s electrification push across Europe.

This first ever battery-powered JUKE brings the model’s signature agility and bold personality into the zero-emission era, reinterpreting a favourite compact crossover for European roads. Since its original debut in 2010, the JUKE has won over 1.5 million customers in Europe by challenging conventional design norms. The new EV retains that distinctive character while supporting Nissan’s broader commitment to offer an electrified powertrain for every type of buyer.

The all-electric JUKE will join an expanding European EV family that includes the new MICRA, the third generation LEAF, the Ariya crossover, the Townstar light commercial vehicle and a future A segment EV. It will also share with the LEAF the ability to use Vehicle to Grid technology, helping integrate EVs into the wider energy system. Alongside these models, Nissan continues to offer e‑POWER hybrid technology for an EV like driving experience without plugging in, with hybrids such as the Qashqai e‑POWER and JUKE HEV remaining key options for customers.

Production of the all new all electric JUKE will take place at Nissan’s Sunderland plant in UK, reinforcing that site’s importance to the company’s global EV strategy. The first trial production phase for the JUKE will begin in the coming weeks. This effort is backed by Nissan’s design, engineering and development network across UK, Spain and Germany, highlighting long-term investment in Europe as both a manufacturing and innovation hub. The new JUKE EV is scheduled for launch in spring 2027.

Massimiliano Messina, Chairman, Nissan AMIEO, said, “Europe is central to Nissan’s electrification strategy, and we remain firmly committed to a fully electric future. With a rapidly expanding EV line-up, we are bringing greater choice and innovation to every segment, powered by our strong design, engineering and manufacturing footprint in the region. Together, this next generation of vehicles will accelerate our transition to zero-emission mobility.”

Clíodhna Lyons, Region Vice President, Product, Brand & Marketing Strategy, Nissan AMIEO, said, “JUKE has always stood for bold design and a willingness to challenge convention. With this third generation, we are bringing that spirit into the electric age. As our first fully electric JUKE, it will help us reach new customers while expanding choice across our electrified range.”

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Jakson Group, a leading diesel genset manufacturer, has announced an expansion of its energy solutions range following a financial year where revenue exceeded INR 90 billion (GBP 850 million).

The Group has expanded its presence across five new categories – Genset Xtra, Battery Energy Storage Systems (BESS), Solar Kits, Mobile Light Towers and electric three-wheelers. This move is intended to broaden the company's presence across power generation, storage and sustainable transport.

The entry into electric mobility follows a partnership with a Bengaluru-based firm to develop research-backed three-wheelers. This adds a transport component to Jakson’s existing operations in solar power, green molecules and infrastructure engineering, procurement and construction (EPC).

Established in 1947, the group operates six manufacturing facilities and maintains a workforce of 3,500 employees serving approximately 100,000 customers.

Jakson Group is positioning itself as an integrated provider for the energy transition, moving from its origins in diesel generator manufacturing toward a diversified portfolio that includes alternative fuels and civil EPC services. With 12 international offices, the group is looking to align its domestic manufacturing scale with global energy requirements.

Sameer Gupta, Chairman, Jakson, said, “At Jakson, our mission has always been to power progress through innovation. With FY26 revenue of over INR 90 billion, Jakson today has both the scale and the responsibility to shape future-ready energy solutions. This portfolio expansion reflects our commitment to building an integrated energy ecosystem that is reliable, responsible and aligned with the evolving needs of customers in India and global markets.”

Sundeep Gupta, Vice-Chairman, Jakson, added, “The market today is looking for energy solutions that are efficient, dependable and future-ready. With this expanded portfolio, Jakson is strengthening its position as a diversified player serving evolving customer needs across sectors.”

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