
The Tamil Nadu Technology Development & Promotion Centre of Confederation of Indian Industry (CII) organised the EV Summit 2022 with the theme “Indigenization of EV Supply Chain in India”.
Hans Raj Verma, IAS, Chairman & Managing Director, Tamil Nadu Industrial Investment Corporation Ltd, Government of Tamil Nadu, said, “The Hon’ble Chief Minister of Tamil Nadu has a vision to make Tamil Nadu a $1 trillion economy by 2030 and this can be made possible with the much-needed EV push. Tamil Nadu is a very vibrant economy and Chennai is the EV Capital of India apart from being called the Detroit of Asia. The government welcomes EV companies to set shop and we are willing to assist them in every possible way.”
Tamil Nadu has two auto and electronic industrial clusters complimenting and supporting each other, a press release said. One of the clusters – the Sriperumbudur cluster has majors such as
Hyundai and Foxconn while the second being the emerging Hosur-Krishnagiri-Dharmapuri cluster with players like Ola, Ather, and more establishing their presence.
Rajesh Kumar Pathak IP & TAFS, Secretary, Technology Development Board, Department of Science & Technology, Government of India, said, “The Technology Development Board is looking to fund and support disruptive technology including the EV Space. We welcome startups including startups in the EV domain to share their proposals as the INR 1000 crore Private-Public Partnership model for funding startups which would be launched shortly.”
He further said that the EV Summit was organised in the backdrop of the Government of India push to enhance national energy security, mitigate adverse environmental impacts from road transport vehicles and boost domestic manufacturing capabilities for electric vehicles.
Additionally, with the Phase-II of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme to stimulate the market of EVs in the country, de-licensed the charging infrastructure business and specified guidelines and standards for charging infrastructure for electric vehicle thereby opening up the market of public charging infrastructure & ensuring a roadmap for development of charging infrastructure, and introduced various financial incentives to reduce upfront cost of EVs and charging infrastructure.
Mahesh Babu, Chairman - EV Summit and Director & Chief Executive Officer, Switch Mobility, said, “The Indian EV Industry has seen a fundamental transformation in the past decade and it is very critical for India to further transform in the coming decades. The current outlook for EVs is optimistic as the sector has seen the evolution of several trends that that are defining the growth of EVs.
EV adoption can be seen across different vehicle segments as well as different business segments. The electrification of vehicles has started gaining momentum and has opened new mobility avenues for India to tap into. India is all set to position itself as one of the leading marketplaces for Electric Vehicles (EVS)”.
Dr V Sumantran, Board of Director, Switch Mobility, said, “India is a very different market when compared to other countries. It has been repeatedly seen in many domains and will be seen in the EV space too. The potential for EV in the two-wheeler market should be tapped further as Indians use more of two wheelers compared to other vehicles. To build a stronger ecosystem, companies should talk to each other, resulting in an exchange of ideas. A consortia should be formed to help the domain grow at a faster pace.”
The Indian automobile industry is the fifth largest in the world and is expected to become the third largest by 2030. As per India Energy Storage Alliance (IESA), the Indian EV industry is expected to expand at a CAGR of 36 per cent while NITI Aayog aims to achieve EV sales penetration of 70 per cent for all commercial cars, 30 per cent for private cars, 40 per cent for buses and 80 per cent for two and three-wheelers by 2030.
Prideep Kumar, Assistant Vice President, Caresoft Global, said, “The key influencers for the Indian EV market to grow is the Range, Technology, Design Disruptions and Profit.”
P Ravichandran, Former Chairman, CII Tamil Nadu & President, Danfoss Industries, said, “Tamil Nadu should find its own space in the EV space even as the TN Government is keen to strengthen the EV industry while launching major schemes to promote indigenization of supply chain.” (MT)
- Roy Kurian
- Revolt Motors
- India Yamaha Motor
- Tork Motors
- Ampere Electric Vehicles
- RattanIndia Enterprises
Roy Kurian Joins Revolt Motors As President
- By Nilesh Wadhwa
- October 03, 2025

Two-wheeler industry veteran Roy Kurian has joined Revolt Motors as President. This marks the second innings for Kurian at Revolt Motors; he had previously held a brief stint in January 2023, before joining Montra Electric as its Chief Executive Officer.
Kurian is a seasoned C-suite executive known for his deep expertise in the automotive and mobility sectors, specialising in business turn-arounds and scaling operations, particularly within the electric vehicle (EV) landscape.
He spent over a decade at India Yamaha Motor from 2007 to 2019, growing to the ranks of Senior Vice-President Sales Marketing. He had joined Tork Motors in 2019 spending over a year at the electric motorcycle company before joining Ampere Electric Vehicles as COO and Executive Director Electric Mobility.
In his new role, he will lead RattanIndia Enterprises-led Revolt Motors, which has been focussing on expanding its market share in the electric two-wheeler space.
For CY2025, Revolt MotoCorp has sold around 8,164 electric two-wheelers as compared to 9,955 units in CY2024. At present, Revolt MotoCorp’s product portfolio includes – Revolt RV1, Revolt RV1+, Revolt BlazeX, Revolt RV400BRZ and Revolt RV400 in the electric motorcycle segment.
conventional two-wheeler leadership at a major international brand, followed by a concentrated pivot into high-growth, executive roles across the Indian EV ecosystem, culminating in multiple tenures as CEO and President. He possesses proven skills in executive management (CXO), strategic sales, marketing, and operational leadership.
Refex Mobility Drives Into Delhi NCR To Accelerate Corporate Green Transport
- By MT Bureau
- September 30, 2025

Refex Mobility, the clean mobility arm of the Refex Group, has launched its operations in Delhi NCR, committing to fast-track clean corporate transportation in the region. The launch event was attended by the Union Minister of New and Renewable Energy, Prahlad Joshi, along with other dignitaries.
The company plans to deploy over 400 new four-wheeler clean-fuelled vehicles in Delhi NCR within the next three months, enhancing its presence across India.
Refex Mobility is looking to use its Delhi NCR launch as a springboard to scale into Tier-1 and Tier-2 cities nationwide. The firm currently operates a fleet of over 1,400 all-electric four-wheeler vehicles across Chennai, Bengaluru, Hyderabad and Mumbai, serving more than 70 leading corporates from sectors including BFSI, IT/ITES, e-commerce and telecom. The company, supported by over 200 employees, has already abated 3.5 million kilograms of tailpipe CO2 emissions since its inception.
Union Minister Prahlad Joshi commended the company's initiative, emphasising the need for solar-powered EV fleets: “Under the visionary leadership of Prime Minister Narendra Modi, India is advancing rapidly towards clean energy and sustainable mobility. To truly unlock the promise of electric vehicles and smart energy-efficient transportation, we must ensure they are powered by the sun. I urge corporates to lead the way by adopting solar-based charging for their EV fleets, thereby reducing oil imports, cutting emissions, and building greener, healthier cities in line with their ESG commitment.”
Anil Jain, Chairman & Managing Director, Refex Group, said, "Delhi NCR is not just an expansion for us but it is a commitment to scale. Within a couple of quarters, we will create one of the largest corporate clean-mobility fleets in the region. At Refex, we believe in diversification with responsibility, and Green Mobility is one of the most critical pillars of our sustainability journey."
Anirudh Arun, CEO, Refex Mobility, added, “At Refex Mobility, we are reimagining what reliable and responsible mobility means for India. Our promise is built on three pillars - dependable fleets that corporates can count on, exceptional experiences for every rider, and a deep commitment to sustainability and our driver partners. With our entry into Delhi NCR, we are proud to bring this ethos to the capital, as we continue shaping a cleaner and more trusted future for urban mobility.”
- Yuma Energy
- Battery-as-a-Service
- BaaS
- Hindustan Petroleum Corporation
- HPCL
- battery swapping
- Yuma Stations
Yuma Energy Partners HPCL To Expand EV Battery Swapping Network
- By MT Bureau
- September 30, 2025

Yuma Energy, one of India's fastest-growing Battery-as-a-Service (BaaS) providers, has announced a major partnership with Hindustan Petroleum Corporation (HPCL) to rapidly scale its battery swapping network across the country. HPCL is one of India's largest energy companies, boasting a vast network of over 24,000 retail outlets.
By leveraging HPCL's extensive footprint, Yuma Energy aims to gain a strategic advantage, allowing it to deploy its AI-driven battery swapping stations in high-demand locations – from major metro areas to Tier-2 towns.
This move aims to give riders, delivery fleets and businesses instant and reliable energy access that is as quick as traditional refuelling.
Yuma Energy will use HPCL's retail network to deploy its ‘Yuma Stations’ strategically based on real-time demand. This demand-responsive model ensures that EV users – including e-rickshaw drivers, gig-economy partners, and commuters – are always close to a fully charged battery.
The partnership directly addresses the key challenge of energy network infrastructure that needs to keep pace with India's accelerating EV adoption, particularly in the two- and three-wheeler segments. For HPCL, the alliance allows the company to diversify its business into future-ready energy solutions.
Kinetic Green Launches E-Luna Prime, Targeting India's Commuter Segment
- By MT Bureau
- September 25, 2025

Kinetic Green Energy and Power Solutions has introduced the E-Luna Prime, an electric two-wheeler designed for India's commuter motorcycle market. The new model builds on the success of the E-Luna, which has sold over 25,000 units since its launch.
The E-Luna Prime, the company shared, is engineered to meet the needs of millions of commuters, offering an affordable and practical solution for both urban and rural environments. It features rugged 16-inch alloy wheels, a digital cluster and a spacious front-loading area. The electric two-wheeler is available in two variants with ranges of 110 km and 140 km, prices starting at INR 82,490 (ex-showroom).
According to Kinetic Green, the E-Luna Prime offers significant savings compared to conventional petrol-based motorcycles. The total cost of ownership is estimated at just INR 2,500 per month, which includes the EMI and running expenses. This is a fraction of the estimated INR 7,500 monthly cost for a traditional ICE two-wheeler, potentially saving consumers up to INR 60,000 annually.
Dr Sulajja Firodia Motwani, Founder & CEO, Kinetic Green, said, "We are delighted to unveil the E-Luna Prime, that embodies our commitment to transforming the future of personal mobility in India. Building on the resounding success of our E-Luna series, which has garnered widespread acclaim from thousands of satisfied customers, the E-Luna Prime represents a significant leap forward in our pursuit of innovation and customer-centricity."
Dr. Motwani added that extensive consumer research revealed an opportunity to create "India's most affordable yet aspirational mobility solution for the fastest growing commuter motorcycle segment." She stated, "The E-Luna Prime, with its industry-leading features along with the winning proposition of INR 2,500 monthly ownership cost, exemplifies our commitment to address the evolving and unmet customer needs by leveraging cutting-edge electric vehicle innovations."
The E-Luna Prime is available in six colours and will be sold through Kinetic Green's network of over 300 dealerships across the country.
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