Bengaluru-based electric vehicle maker Ather Energy has reported its consolidated income of INR 12.6 billion for Q1 FY2027, which marks a 87.2 percent YoY increase.

In Q1, the company sold 83,173 electric two-wheelers, up 80.5 percent compared to same period last year. Non-vehicle operations, including software subscriptions, charging infrastructure, spare parts and service offerings, contributed 14 percent to operating revenue, up from 13 percent in Q1 FY26.

The earnings before interest, taxes, depreciation, and amortisation (EBITDA) turned positive at INR 90 million, compared to an EBITDA loss of Rs 1.06 billion in the same period last year. EBITDA margin improved by 1,650 basis points to 0.8 percent. Consolidated net loss narrowed to INR 510 million from INR 1.78 billion in Q1 FY26.

The consolidated results also include performance data for newly incorporated subsidiary Ather Insurance, which recorded a net loss of INR 22 million for the quarter. Adjusted gross margin stood at INR 2.82 billion, up 82.3 percent YoY. Higher input costs were recorded across raw materials including copper, aluminium, lithium and crude-linked supplies, which the company managed through pricing adjustments, product mix changes, and engineering cost reductions.

Ather Energy stated that market demand metrics indicated customer enquiries rising 95 percent YoY to 707,000, while pre-orders increased 158 percent to 150,000 units. Industry registration data from Vahan showed total electric two-wheeler registrations rising 68 percent YoY to approximately 525,000 units during the period, with electric vehicle penetration reaching 10 percent in June 2026.

Tarun Mehta, Co-Founder & CEO, Ather Energy, said, "We continued to see strong demand across our portfolio, as structural tailwinds from both policy support and shifting customer sentiment translated into a massive upsurge for our products, with demand far outstripping supply. This gives us confidence that the market continues to expand. In the coming months, we are particularly excited about our new product on the EL platform, commencing production alongside the scale-up of our new factory at AURIC. Together, they position us well for the next phase of Ather's growth.”

Manufacturing expansion remains on schedule at Factory 3.0 at AURIC in Chhatrapati Sambhaji Nagar. Phase 1, offering an annual capacity of 500,000 units, is scheduled to start production in Q3 FY27. Upon completion of Phase 1 and Phase 2, Ather's total installed manufacturing capacity across its facilities will reach 1.42 million units annually.

The company also plans to reveal its first production model on the EL vehicle architecture on 29 August 2026 during Ather Community Day.

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Chennai-headquartered Switch Mobility, the electric vehicle arm of Hinduja Group, has secured an order to supply 840 electric buses to Antony Road Transport Solutions under Phase I of the Government of India’s PM E-Drive scheme.

Under the agreement, Switch Mobility will supply 420 units of 9-metre and 420 units of 12-metre air-conditioned electric buses. Antony Road Transport Solutions was selected as the operator to deploy the fleet with the Delhi Transport Corporation (DTC) and the Transport Department, Delhi, for public transit operations across the National Capital Region.

Formal agreements for vehicle deployment have been executed between Switch Mobility and Antony Road Transport Solutions. The e-buses are constructed on Switch's EiV platform, which incorporates electric powertrains, modular battery layouts, regenerative braking systems and dual-gun fast-charging capabilities. Fleet monitoring and diagnostic functions are managed through the Switch iON software system. Safety and passenger features include low-floor entry, fire detection and suppression equipment, and multi-level battery protection measures.

Ganesh Mani, CEO, Switch Mobility, said, “We are pleased to partner with Antony Road Transport Solutions for deployment of 840 electric buses across Delhi by Delhi Transport Corporation & Transport Department, Delhi. This order is a strong testament to the growing confidence in electric mobility solutions for large-scale public transportation. With a mix of 9-metre and 12-metre electric buses, we are enabling operators to address diverse passenger mobility requirements while supporting the transition towards cleaner and more sustainable transportation. At Switch Mobility, we remain committed to working closely with our partners to deliver reliable, efficient and commercially viable electric mobility solutions that create long-term value for operators and communities.”

Jimmy John, Director, Antony Road Transport Solutions, said, “Our long-term relationship with Ashok Leyland and the trust we have in the Hinduja Group have led us to place this order. We believe this partnership will go a long way towards supporting the NCR’s sustainable mobility journey.”

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Electric vehicle charging network Charge_iN by Mahindra has expanded its public charging infrastructure to 50 locations across India, reaching 200 operational charging points. The company commissioned its latest installation at the HP Auto Care Centre in Sajgaon along the Mumbai-Pune Expressway.

The Sajgaon installation represents the first operational station resulting from a collaboration established in March 2026 between Mahindra and Hindustan Petroleum Corporation (HPCL) to deploy charging infrastructure across HPCL retail outlets in India. Additional sites under the agreement are currently under construction across highway routes. Mahindra plans to expand the Charge_iN network to 250 stations comprising approximately 1,000 charging points by December 2027.

The network utilises 180 kW dual-gun chargers designed to supply power to electric vehicles, including Mahindra models such as the XEV 9e, BE 6 Sporteq and XEV 9S. The stations are situated along highway corridors alongside commercial amenities and dining facilities.

The Charge_iN system operates as an open network accessible to electric vehicle owners of all vehicle brands through the Charge_iN by Mahindra application, the Me4U application, and third-party aggregator platforms, with integration into the HP eCharge application scheduled for release. Mahindra electric vehicle users can access approximately 35,000 public charging points, including HP eCharge sites, across charge point operators via the Me4U platform.

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has commissioned a 300 kW green hydrogen electrolyser plant as a pilot project at its Manesar facility in Haryana. The green hydrogen produced at the unit is blended with natural gas to serve as process fuel in the company's manufacturing operations.

The plant captures solar energy generated at the Manesar site during non-operational periods and holidays when power would otherwise go unutilised. This solar power drives the electrolysis process and the resulting hydrogen is stored for subsequent use on the factory floor.

Based on the outcomes of this pilot, the company plans to scale up green hydrogen technology across its manufacturing plants in Haryana and Gujarat. The initiative draws from parent company Suzuki Motor Corporation’s core philosophy of Sho-Sho-Kei-Tan-Bi, which translates to smaller, fewer, lighter, shorter and more beautiful, to improve resource efficiency and energy usage.

Hisashi Takeuchi, MD & CEO, Maruti Suzuki India, said, “Just like we have adopted a multi-pathway approach for products, we have also embarked on a journey of multiple renewable energy solutions for manufacturing operations. The commissioning of our 300 kW Green Hydrogen plant is aligned with the Government of India’s Green Hydrogen Mission. This, along with expansion of solar, biogas and installation of battery energy storage system reflects our commitment to transition to cleaner and sustainable energy solutions.”

“India is emerging as a manufacturing powerhouse, and its competitive position may not depend solely on cost and quality, but also on CO2 intensity. With such initiatives, we are building capability today so that we can support a low-carbon and more energy-efficient manufacturing ecosystem tomorrow. Through multiple clean technologies, we aspire to reduce our carbon footprint in manufacturing operations from the present 615,000 tonnes to 266,000 tonnes in FY 2030-31,” he added.

The commissioning forms part of a broader shift toward renewable energy sources across the carmaker's operational footprint. Current measures include in-house solar plants, renewable energy procurement from government channels, and power purchase agreements for solar and wind energy with third-party suppliers.

Alongside hydrogen, Maruti Suzuki is constructing a 10 tonnes per day biogas plant at its Kharkhoda site, scheduled for commissioning within the 2026-27 financial year, and recently installed a 1 MWh battery energy storage system at the same location. The company’s board has approved four compressed biogas projects with an allocated budget of INR 5,610 million. In a separate venture, Suzuki Motor Corporation is partnering with organisations including the National Dairy Development Board and regional dairy unions to establish 10 biogas plants across India, three of which are operating in Gujarat.

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Electric vehicle infrastructure company ThunderPlus has expanded its highway charging network following the installation of a 120 kW DC fast-charging station at Amazon Kitchens on Kurnool Road, Andhra Pradesh.

The facility is located at the junction of several road networks connecting Andhra Pradesh, Telangana and Karnataka. Positioned along National Highway 44, the station serves the Hyderabad–Bengaluru transit corridor while providing access to National Highway 40, which links Nandyal, Kadapa, Rayachoti, Chittoor and Ranipet. The location also connects with National Highway 340C, extending reach toward Nandikotkur, Atmakur, and Dornala.

The 120 kW charger supports compatible four-wheeler electric vehicles and additional battery-electric transport models during intercity transit, allowing drivers to recharge vehicles during meal stops and travel breaks.

At present, ThunderPlus operates a network comprising more than 250 charging hubs and over 1,000 charge points across urban and highway sites.

Raj Kumar Medimi, Director, ThunderPlus, said, "As EV adoption moves beyond city limits, charging infrastructure must evolve around how people actually travel. Our objective is not simply to add more charging points, but to identify strategic locations where fast charging can fit naturally into a journey. By combining 120 kW fast charging with access to food and traveller amenities, the Kurnool station is designed to make intercity EV travel more convenient and practical."

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