Altigreen, a commercial electric vehicle maker, inaugurated its latest retail experience centre in Hadapsar, Pune on Friday. This is the company’s eighth retail dealership in India in a span of two months. As per the company, the experience centre will allow EV enthusiasts to access Altigreen’s range of electric cargo vehicles. Additionally, the commercial electric vehicle maker claims that its electric 3W offering, neEV recently achieved the feat of completing a 150+ kilometre intercity drive, between two places in Karnataka – Mysore Palace and Bangalore Palace – on a single charge, in about six hours.

For the partnership, Altigreen opted to go with Jubilant MotorWorks, a dealer partner for Audi and MG Motor. The Altigreen-Jubilant MotorWorks showroom in Pune was launched at the hands of Rashmi Urdhwareshe, President at SAEINDIA and Former Director, ARAI.

Speaking on Jubilant Motorworks’ partnership with Altigreen, Amit Jain, CEO, Jubilant Motorworks, said, “It’s a momentous occasion for us to partner with Altigreen in chiselling the future of mobility in the country. We are aligned with the recent e-mobility trends and already see a massive potential driven by the nation’s agenda of electrification. We are extremely happy to be able to introduce eco-friendly mobility and a sustainable future into our business fabric. We introduce the full range of Altigreen’s premium quality vehicles for the first time in Pune at Jubilant Motorworks’ facility in Hadapsar.”

“We were one of the early movers during the onset of EVs in India,” Jain further cited and continued, “The adaptability today is something we saw coming. Altigreen has a value system we believe in, and we create deep and long-lasting relationships.”

According to Altigreen, every element of the dealership has been designed to lend a welcoming feel, especially to all those walking in, including autorickshaw drivers, small business owners and people from all walks of life. The company intends to ensure that the dealership reflects Altigreen’s ethos of respect and empathy, and its endeavour to gain the trust of consumers through transparent dialogue.

At the inauguration, Dr Amitabh Saran, Founder and CEO, Altigreen, said, “With the launch of this new retail experience centre in Pune, we are steadily building a strong nationwide network to cater to the rising demand for commercial EVs in the country. For now, Maharashtra is the only state where we now have two retail experience centres. As a homegrown company, we take great pride in delivering Made-in-India products. We are investing significantly to strengthen our production and R&D capabilities while developing a robust pan India distribution network to offer the best and cleanest last-mile transportation. We are happy to continue our partnership with Jubilant Motorworks, now in Pune as well, and deliver world-class products in multiple vehicle categories.”

Sharing his views more in depth, Dr Saran asserted, “Whenever we do any of our dealerships, it’s not just about the vehicle, but giving respect to the customers / auto drivers as well – which we all usually tend to give only if there’s a strike. When we started looking at this space, we thought that it must be something that can compete with what’s on the roads. In a country like India, where diesel vehicles, ICEs, etc. have been doing a fabulous job, the EVs have to be at least as good as them. The idea is to ensure that no matter in what capacity we are doing this, there should be a pride of ownership.”

Urdhwareshe, who was the chief guest at the event, put across her thoughts, too, in terms of EVs and Altigreen’s journey. She averred that EVs is a different segment and serves a very important purpose in addressing the transportation needs of the urban, rural areas and more.

“I have seen the struggle they have been through, finally arriving at a product that is fit to rock the market,” she went on to say and continued, “I can see that the product is really clean in nature. I am also very happy that Altigreen decided to position in the three-wheeler segment. Moreover, for the three-wheeler segment, the cost of ownership holds the most significance.”

Highlighting her thoughts on the Altigreen-Jubilant MotorWorks partnership, she expounded, “Having three-wheelers and their commitment to green mobility is very unique. Jubilant MotorWorks and Altigreen have excellent commitment to it.” She further addressed the audience saying that she would like to appeal to them to share their experiences with the transport authorities, so that it will encourage other users to shift to electric mobility. 

While at the inauguration, several customers were also invited up on the dais, who were given keys to Altigreen’s electric three-wheeler.

Digital lending platform Revfin has strengthened its management with the appointment of three senior executives as part of its FY2026 strategy, targeting INR 7.5 billion in disbursements and 5x growth over the past two years. The company also expects to cross INR 20 billion in cumulative disbursements since inception.

The new appointments include Abhinandan Narayan, Chief Business Officer – New Business, Monish Vohra, COO – Operations & Collections and Anirudh Gupta, Chief Finance & Strategy Officer. The appointments the company shared aligns with its focus on ‘People, Process, Profitability.’

Furthermore, Revfin has outlined its ambition to finance 24,000 EVs in FY2026. Till date, it claims to have financed over 85,000 EVs across 25 states, with 75 percent of borrowers from marginalised communities. Cumulatively, its driver partners have covered 1.6 billion electric miles and earned over USD 400 million.

In FY2025, the company grew its L5 EV loan book by 1,700 percent, supported by a partnership with Bajaj Auto and expanded collaborations with logistics firms. The L5 segment remains a key focus as a replacement for ICE vehicles in urban transport.

Sameer Aggarwal, Founder & CEO, Revfin, said, “The last financial year was a volatile one for the EV industry, but the excitement and energy within the sector remain undiminished. At Revfin, we are deeply convinced that intracity and small commercial vehicles must – and will – transition 100 percent to electric within the next three years. The opportunity is here and now. It’s time to set bold targets and pursue hypergrowth over the next two years. At this critical juncture, the right leadership becomes essential to realizing our ambitions. With the strong momentum we’ve already built, we’re confident the journey ahead will be even more rewarding. We’ve entered 2025 with a sharp focus on what truly matters: People, Processes, and Profitability. These latest leadership hires are a natural extension of that focus and our commitment to scale with purpose.”

Ahmedabad-based clean energy company Matter has launched its flagship electric motorcycle – the Aera, in Bengaluru at an introductory price of IRN 179,000 for the first 500 customers, post which it will be available at INR 188,000. The company has started taking pre-registrations for the e-motorcycle at INR 1,999.

Furthermore, the company has also announced that its first Experience Hub will come up at BTM Layout, which will showcase its tech prowess and philosophy firsthand.

The Matter Aera is claimed to be the world's first electric motorcycle with manual gears – 4-speed transmission, 3 ride modes that delivers 12 unique ride combinations. It features a 7-inch Smart Touchscreen Dashboard, onboard charger and liquid cooled powertrain. The e-motorcycle has a claimed IDC range of up to 172km, a zero to 40 kmph in 2.8 seconds, dual disc brakes with ABS, telescopic front fork and dual rear suspension.

Mohal Lalbhai, Founder & Group CEO, Matter Energy, said, “There’s no better city to lead this journey than Bengaluru—where innovation isn’t just an idea, it’s a way of life. Every lane, every rider here resonates with purpose and progress. The Aera isn’t just a bike – it’s the 22nd Century motorbike. It delivers the thrill of a rocket and the practicality your pocket loves. With our in-house developed Hypershift manual gearbox, liquid-cooled powertrain, and connected tech, AERA brings together performance, emotion, and sustainability like never before.”

The Kia EV3 has won the prestigious ‘2025 World Car of the Year’ award at the globally renowned 2025 World Car Awards ceremony, held during the New York International Auto Show (NYIAS).

A jury of 96 distinguished worldwide automotive journalists from 30 nations assessed the 2025 World Car Awards. With the EV3's triumph, Kia has now won six World Car Awards since 2020. The EV3 has a dramatic, forward-thinking design and a creative, useful interior that makes the most of available space, comfort and utility. The EV3 can charge from 10 to 80 percent in 31 minutes and has a segment-leading range of up to 375 miles (around 603 kilometres). While Kia's AI Assistant, advanced driving assistance systems (ADAS) and Over-the-Air (OTA) upgrades improve the ownership experience with cutting-edge technology, the vehicle's creative interior design maximizes room, comfort and accessibility.

Ho Sung Song, President and CEO, Kia, said, “It is an immense honour for everyone at Kia that the EV3 has been awarded the 2025 World Car of the Year title. This award highlights Kia’s global leadership in providing design-led, technologically advanced, sustainable mobility solutions and how the EV3’s class-leading attributes redefine the user experience for customers worldwide.”

The Hyundai INSTER sub-compact EV has won the prestigious 2025 World Electric Vehicle award at the globally renowned 2025 World Car Awards ceremony, held during the New York International Auto Show (NYIAS).

With this recognition, Hyundai Motor Company has dominated one or more World Car Awards categories for the fourth year in a row. Hyundai Motor's commitment to developing EV technology and sustainability is highlighted by the 2025 World Electric Vehicle award, which also acknowledges INSTER's exceptional value in the EV market. The finalists were chosen by a sealed-ballot jury consisting of 96 international automotive journalists from 30 different countries. On 16 April 2025, the winners were revealed at the 2025 NYIAS. With its unique design, remarkable driving range and state-of-the-art technology, INSTER is the market leader in the sub-compact EV sector. A 10- to 80-percent charge can be made in around 30 minutes thanks to INSTER's quick charging technology, and the 49-kWh long-range variant has a range of up to 370 kilometres.

José Muñoz, President and CEO, Hyundai Motor Company, said, “The Hyundai INSTER has been a winner with customers since we introduced it. It’s very gratifying that the experts on the prestigious World Car Awards jurors feel the same way. The combination of compelling design, range, enjoyable driving characteristics, intuitive infotainment and technology that customers appreciate is emblematic of Hyundai’s approach of delivering exceptional value to our customers. The fact that our global portfolio is successful both commercially and critically speaks to the hard-working people throughout the Hyundai value chain who are delivering some of the best vehicles on the road today. Thank you to all the jurors for your service to this great industry.”