BYD Eyes a large chunk of Indian electric passenger vehicle market
- By Bhushan Mhapralkar
- August 25, 2022
Inaugurating its first vehicle showroom at Kochi in Kerala, BYD India Private Limited (BYD India) is slowly and surely entrenching itself into the Indian electric passenger vehicle space. As it does so, it is eying a big chunk of the growing electric passenger vehicle market. In what is expected as a market place that will spearhead a shift to alternate fuel vehicles in the mid- to long-term, BYD India, a subsidiary of China-based BYD company that specialises in the manufacture of electric buses and passenger vehicles, is looking at getting closer to its target customers by offering the BYD electric MPV and e6.
Managed by EVM Southcoast in Kochi, the BYD India dealership will facilitate automotive consumers and buyers to seek one of the best electric vehicles available in the market, according to Sanjay Gopalakrishnan, Senior Vice President – Electric Passenger Vehicle Business, BYD India. “Starting from Kochi, we are getting closer to our target customers and are delighted to inaugurate our first showroom in the country with EVM Southcoast. We hope that our customised products and service will spur and accelerate green initiatives in the region,” he added.
Of the opinion that Kochi is the most densely populated city of Kerala and is also known as the financial, commercial and industrial capital of the state, Shrirang Joshi, National Sales Head – Electric Passenger Vehicles Business, BYD India, mentioned, “Kochi has immense potential for premium passenger cars and we strongly believe that BYD will be the main contributor to EV adoption in the EPV segments in Kerala.” Spreading its wings in the Indian market with a careful study of which products will appeal and which markets are likely to accept them sooner than later, BYD India as the subsidiary of Warren Buffet-backed Chinese electric vehicle manufacturer that overtook Tesla this year is confident that it will find a way to be among the leading electric vehicle manufacturers in the country.
It is no secret that BYD as a brand is already gathered an amount of visibility in India. The electric buses it produces in India in collaboration with Olectra are a common sight on Indian roads – in cities especially where they form a part of the fleet of STUs. Electric buses made by Olectra-BYD (this company is surprisingly claimed to have connection whatsoever with BYD India) are also found with some inter-city operators – public and private. These e-buses also reflect the fact that BYD is not new to this market as has already done its homework.
The Chinese company has already gained a good insight into the factors that are driving the shift to electric vehicles. Claimed to be working on a plan to build its own manufacturing facility at Sriperambudur near Chennai, BYD, it is certain has done its calculation. It has learnt from the competition it has in the electric bus space in the country. With years of experience and knowledge in the manufacture of electric vehicles as diverse as buses and passenger vehicles, it is slowly and surely moving forward in a market place that saw the homegrown Mahindra & Mahindra unveiled an electric version of its XUV700 SUV among a few other exciting electric passenger vehicles recently. Currently, it is MG Motors and Tata Motors that are having a good hold in the electric passenger market in India.
Expected to participate in the upcoming Auto Expo to highlight its commitment towards the Indian market, BYD India plans to sell about 1000 electric vehicles. These, it is said, will be assembled locally in line with the government policies in place for EVs and to take advantage of the PLI scheme, which provides a distinct advantage to those who manufacture locally and leverage the local supply chain.
Royal Enfield Expands Flying Flea Sales In Hyderabad
- By MT Bureau
- October 09, 2026
Flying Flea, the electric mobility brand from Royal Enfield, has expanded its retail network in India by launching operations in Hyderabad. Following its initial rollout in Bengaluru, where registered vehicles have accumulated over 100,000 kilometres, Hyderabad becomes the second Indian market for the brand.
The expansion includes four touchpoints across Hyderabad, comprising one company-owned store in Erragadda and three dealer partner locations operated by Taurus Motors in Vanasthalipuram, Bolt Motorcycles in Hi-Tech City and SVR Motors in Kondapur. The network utilises a hub-and-spoke operational structure, designating the Erragadda facility for technical support while the partner locations handle routine service and sales operations.
The brand's initial offering, the Flying Flea C6 electric motorcycle, is priced at INR 279,000 ex-showroom or INR 199,000 under a Battery-as-a-Service model. The vehicle is offered in three colour options: Storm Black, Flea Green, and Parachute White, with roadside assistance provided across retail channels.
The retail launch in Hyderabad follows Flying Flea's international expansion into European and UK markets, including retail locations in Paris, Barcelona, Berlin, Rome and London.
- Zomato
- Blinkit
- Eternal
- EV Bazaar
- Mahmood Ahmed
- MoRTH
- Jitender Patil
- Anjalli Ravi Kumar
- EMO Energy
- Sheetanshu Tyagi
- Zomato Local Services
Zomato And Blinkit Host EV Bazaar 3.0 To Accelerate Fleet Electrification
- By MT Bureau
- October 09, 2026
Zomato and Blinkit, operating under parent company Eternal, hosted the third edition of EV Bazaar at the KD Jadhav Stadium in New Delhi to promote electric two-wheeler adoption among delivery partners.
The event drew participation from 2,500 delivery gig workers and over 20 original equipment manufacturers and ecosystem partners, showcasing more than 30 electric two-wheeler models alongside vehicle rental, financing and charging solutions.
The event included addresses by Mahmood Ahmed, Additional Secretary at the Ministry of Road Transport and Highways and Jitender Patil, Head of the EV Cell at the Transport Department of Maharashtra.
As of 30 September 2026, over 200,000 delivery partners across the Zomato and Blinkit platforms operate electric two-wheelers. During FY2026, electric vehicles completed 228 million deliveries across both platforms, avoiding an estimated 9,926 tonnes of carbon dioxide emissions.
Mahmood Ahmed said, “The electrification of the transportation section is a critical contributor to India’s energy security and air pollution control. The adoption of EVs by delivery partners is important to accelerating the transition since charging, swapping and servicing networks will expand for the industry and benefit other users as well. I appreciate this proactive initiative by Zomato and Blinkit to further the gig ecosystem’s shift to electric mobility and enabling a better future for India.”
Anjalli Ravi Kumar, Chief Sustainability Officer, Eternal, said, “For our delivery partners, the performance of their bike is critical to their ability to earn efficiently. Delivery may only be one of their many responsibilities on the same day. That makes the move to electric a practical and financial question as much as an environmental one. EV Bazaar gives delivery partners a place to evaluate their EV bike purchase options by directly interacting with companies who build, rent, finance and charge EV bikes. We thank each of them for being part of the third edition.”
To facilitate vehicle access, the companies operate a 'Rent a vehicle' feature within their delivery partner mobile applications, enabling workers to lease electric two-wheelers and locate charging and battery-swapping stations within assigned delivery zones. Over 23,000 delivery partners utilised the rental feature in fiscal year 2026. Additionally, Zomato Local Services launched an owned electric vehicle rental fleet in June 2025, deploying over 1,500 electric two-wheelers across Delhi and Chennai by March 2026.
Sheetanshu Tyagi, Co-Founder and CEO, EMO Energy, said, “EMO Energy brings advanced batteries and 20-minute charging together to keep last-mile vehicles moving. With Zomato and Blinkit, we are enabling riders to charge faster, operate with zero downtime, and have greater vehicle availability.”
During the event, three delivery partners received new electric two-wheelers and one partner was awarded a one-year rental sponsorship from the network in recognition of operational performance and participation in platform electrification initiatives.
Jio-bp, Vertelo Partner To Build Commercial EV Charging Network
- By MT Bureau
- October 09, 2026
Jio-bp, the operating brand of Reliance BP Mobility, has signed a Memorandum of Understanding (MoU) with electric vehicle leasing platform Vertelo to develop charging infrastructure and financial solutions for electric buses and trucks in India.
The partnership combines Vertelo's commercial vehicle leasing platform with Jio-bp's fast-charging network across urban centres and highway transport corridors.
As per the agreement, both entities will explore providing fleet operators with turnkey charging infrastructure projects, preferential charging rates and location tracking for charging hubs. The initiative aligns with the Government of India's PM E-DRIVE program, which promotes zero-emission commercial transport adoption.
Sarthak Behuria, Chairman, Jio-bp, said, "India's transition to electric mobility is no longer a question, it is happening quickly. At the heart of this transformation are commercial fleets - buses and trucks that keep our people, cargo, and economy moving every day, often covering the longest distances and the toughest routes. At Jio-bp, we believe EV charging infrastructure is a critical part of national infrastructure and our partnership with Vertelo marks an important step towards building the charging backbone needed to cater to the demands of this transition."
Akshay Wadhwa, CEO, Jio-bp, said, "Jio-bp pulse has been built on a simple promise - accessible, reliable, high-uptime EV charging wherever needed. With Vertelo, we are bringing that same reliability to commercial fleets, which have distinct needs shaped by routes, battery capacities and operating patterns. This MoU lets us address those needs directly, while exploring practical charging and financing solutions for fleet operators. Together, we aim to make reliable charging more accessible for electric buses and trucks."
Sandeep Gambhir, CEO, Vertelo, said, "Commercial vehicles cover far more kilometres than passenger cars, which makes them the segment where electrification delivers the greatest environmental return, and where charging access matters most. Jio-bp has built meaningful infrastructure along the major corridors our customers operate on. This collaboration will help connect more cities and communities across the country while reinforcing Vertelo’s status as a trusted enabler of EV adoption through its ecosystem play through leasing and financing solutions along with creating the necessary infrastructure to facilitate the same."
The collaboration addresses charging access, battery performance management, and capital expenditure barriers for commercial fleet operators transitioning from internal combustion engine vehicles.
Kinetic Watts And Volts Partners IDFC FIRST Bank For Retail Financing
- By MT Bureau
- October 06, 2026
Pune-headquartered electric vehicle company Kinetic Watts and Volts, a subsidiary of Kinetic Engineering, has entered into a retail financing partnership with IDFC FIRST Bank to provide credit options across its dealership network.
The arrangement enables customers at Kinetic EV dealerships to access loan options, interest rates and instalment plans, subject to eligibility criteria. Ground teams from IDFC FIRST Bank will collaborate directly with dealership staff to process applications at the point of sale. The initiative coincides with the expansion of Kinetic EV’s retail footprint, which currently comprises over 65 operational sales, service and spare parts facilities in India.
Ajinkya Firodia, MD, Kinetic Watts and Volts, said, "For many customers, choosing an electric two-wheeler is not just about selecting the right product, but also about finding a purchase option that works for them. Our partnership with IDFC FIRST Bank gives customers greater choice at the point of purchase and strengthens the support available across our dealership network. With quick financing options, attractive EMI plans and exciting offers for eligible customers, we want to make the overall purchase journey simpler and more convenient. As we continue to expand our presence across markets, we look forward to making the journey towards electric mobility more accessible for more customers."
The tie-up leverages the bank's branch and operational network to support dealership sales in multiple regional markets. The companies are also developing customer schemes and promotional offers that will be announced at a later date.

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