Ather Energy To Host Its Community Day On August 30
- By MT Bureau
- July 11, 2025
Bengaluru-based electric vehicle maker Ather Energy is all set to host its Community Day on 30 August 2025.
This year Ather Energy’s theme, christened ‘Technology that works like magic’, will see the company showcase its new ‘EL’ scooter platform, launch next-generation fast chargers and unveil Ather Stack 7.0 its latest software stack.
The new scooter platform, the EV maker stated, is engineered to be versatile and cost-efficient, which will allow Ather to further expand its product lineup to tap into a wider range of customer base.
It is interesting to note, that the company hosted its last Ather Community Day on 6 April 2024, which saw the launch of the Ather Rizta e-scooter, Halo smart helmet and AtherStack 6.0.
Revolt Motors Launches 'Festive Dhamaka' With Savings Up To INR 20,000
- By MT Bureau
- September 23, 2025
Revolt Motors, India's leading electric motorcycle manufacturer, has introduced a special festive promotion named 'Revolt Festive Dhamaka' for the Navratri season. Running from 22 September to 2 October 2025, this nationwide campaign provides significant savings for customers.
The offer includes combined benefits of up to INR 20,000, featuring a direct cash discount of up to INR 13,000 plus complimentary insurance valued at up to INR 7,000. This promotion is available on all Revolt models, including the RV400, RV400 BRZ, RV1, RV1+ and the recently released RV BlazeX, at any authorised Revolt Hub.
Anjali Rattan, Chairperson of RattanIndia Enterprises Limited, said, “Festivals in India are about new beginnings, and Revolt Motors is proud to be a part of this journey with our riders. With ‘Revolt Festive Dhamaka’, we are combining affordability, performance and sustainability to ensure more Indians can switch to clean mobility while enjoying significant festive savings.”
Euler Motors Unveils World's First 1-Tonne Electric Mini Truck
- By MT Bureau
- September 23, 2025
Euler Motors has introduced the Euler Turbo EV 1000, a new one-tonne, four-wheel electric commercial vehicle positioned as a high-performance and affordable solution for businesses. Priced from an ex-showroom starting point of INR 599,000, the model is presented as a direct and cost-effective alternative to traditional diesel vehicles, with the company claiming it can provide annual savings of approximately INR 115,000 for operators.
The Turbo EV 1000 is engineered to address key concerns in the commercial vehicle segment. It claims a real-world range of 140 to 170 kilometres, which it combines with a segment-leading torque of 140 NM for navigating demanding urban routes. Safety and performance features include large 230 mm disc brakes on an R13 wheel platform. A significant innovation is its CCS2 fast-charging capability, which Euler states can deliver 50 kilometres of range in just 15 minutes at public charging stations, a first for the industry.
This vehicle specifically targets small fleet owners and driver-entrepreneurs for whom upfront cost and operational efficiency are critical. By offering a competitive purchase price alongside low running costs, the Turbo EV 1000 aims to break down adoption barriers and provide a lower total cost of ownership, thereby improving profitability for businesses operating on thin margins. The vehicle incorporates nine segment-first innovations and marks the company's third product launch and its second in the four-wheel commercial vehicle category.
To cater to diverse needs and budgets, the Euler Turbo EV 1000 is available in three distinct variants: the CITY at INR 599,999, the FAST CHARGE at INR 819,999 and the MAXX at INR 719,999. The company is also facilitating accessibility through financing options, with easy EMI plans starting from INR 10,000 per month after a down payment of INR 49,999.
Saurav Kumar, Founder and CEO, Euler Motors, said, “We are proud to be launching Euler Turbo EV 1000 today, as we believe it marks the meeting of deep engineering innovation with real world practical needs of India’s logistics industry – to deliver a segment-first combination of performance AND affordability. As India’s state and national transport policies, GST reforms and other developments reshape fleet economics in Indian cities, Euler Turbo EV 1000 arrives at a pivotal time to drive the transition to sustainable mobility in India. It is poised to be the inflexion point for EV penetration growth in the 4W CV segment overall, currently estimated at around two percent.
“There is an urgent need for action towards sustainability, or else we will risk questioning by future generations. However, it is not possible to expect scale adoption without responding to practical everyday challenges. Euler Turbo EV 1000 responds to this dual need of a long-term vision while keeping short term needs in mind. It is a global best in class across multiple parameters in the 1-tonne segment, which just happens to be an EV. Our aspiration was to build a vehicle that fundamentally changes how people think about commercial vehicles in this segment. With this, Euler Motors has firmly placed India on the global EV manufacturing map.”
Zelio E-Mobility Receives SEBI Approval For INR 78 Million SME IPO
- By MT Bureau
- September 20, 2025
Zelio E-Mobility, a rapidly growing manufacturer of electric two- and three-wheelers, has secured approval from the Securities and Exchange Board of India (SEBI) for its SME Initial Public Offering (IPO). The company aims to raise INR 780 million through the public issue, which is expected to be listed on the BSE.
Founded in 2021, Zelio is a manufacturer of electric scooters and three-wheelers. The company claims to have an annual manufacturing capacity of 72,000 units and a distribution network of more than 280 dealers across over 20 states and union territories in India.
In FY2025, the company reported revenue of INR 1.72 billion, net profit of INR 160 million, up 128.76 percent YoY. The company claims a CAGR growth of 83.29 percent CAGR between FY2023 and FY2025.
The proceeds from the IPO, which will be managed by Hem Securities, are earmarked to support Zelio's next phase of growth. The company shared that specific details on investor participation and the use of the funds will be announced closer to the issue date.
Ather Energy Surpasses 500 Experience Centres
- By MT Bureau
- September 18, 2025
Bengaluru-based electric vehicle maker Ather Energy has reached a significant milestone by opening over 500 Experience Centres (EC) across the country. In just the last three months, the company added 101 new centres, with a strong focus on expanding its presence in central and northern India.
The company's rapid expansion is largely driven by the growing demand for its electric scooters, particularly the new Rizta, Ather's first family-oriented scooter. While southern India remains Ather’s strongest market, the success of the Rizta has accelerated its growth in new regions.
Ravneet Singh Phokela, Chief Business Officer, Ather Energy, said, “Crossing 500 Experience Centres marks an important step in our growth journey, as we continue to expand our presence in line with rising demand across markets. While South India continues to be our strongest base, where we are steadily growing, the success of Rizta has also helped us fast-track expansion in Middle and North India. This growth is not confined to metros alone. We are also building deeper into tier 2 and 3 cities, where consumer response has been equally encouraging. As we continue to scale, our focus remains on making Ather accessible to more customers across India, with the aim of crossing 700 Experience Centres by the end of FY26.”
Going forward, Ather aims to have over 700 Experience centres by the end of fiscal year 2026 to make its vehicles more accessible to a wider audience. The company is not only expanding its retail footprint but also its service network, including dedicated Ather Gold service centres.
The EV maker’s market share has grown from 7.6 percent in Q1 FY2025, to 14.3 percent in Q1 FY2026.
To support its ambitious growth, Ather operates two manufacturing plants in Hosur, Tamil Nadu, and is building a third facility in Maharashtra that will increase its total annual production capacity to 1.42 million electric two-wheelers.
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