Electric Vehicles: Driving India's Last Mile Connectivity for Economic Growth

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“Rural India is the real India,” this statement holds a profound truth. While urban centres may dominate the narrative of progress and development, it is in rural India where the heart and soul of the nation reside. But for any country to progress, connectivity with rural regions, especially the last mile connectivity is an absolute must. And electric vehicles are driving India’s last mile connectivity and contributing to the nation’s economic growth.

There is no debate that EVs offer a viable alternative, bringing numerous benefits such as reduced emissions, lower operational costs, and improved energy efficiency. Through this article I would like to highlight six critical factors which will contribute to EVs becoming the driving force in India’s last mile connectivity. 

Cost of Ownership- a strong ruling factor:

One significant advantage of EVs is their lower cost of ownership compared to traditional internal combustion engine (ICE) vehicles. While the initial purchase price of EVs may be higher, the operational and maintenance costs are considerably lower. EVs have fewer moving parts and require less frequent servicing, resulting in reduced maintenance expenses. Moreover, the cost of charging an EV is substantially lower than the price of fossil fuels, contributing to long-term savings. As EV technology continues to advance, economies of scale and improved battery technology are expected to further drive down the cost of ownership, making EVs an attractive choice for last mile connectivity in India.

The world of E-commerce- Driving EV adoption in full scale:

It is estimated that the B2C e-commerce market in India is expected to reach $ 107.3 billion in 2023.  The exponential growth of e-commerce in India has heightened the demand for efficient last mile connectivity solutions. With the surge in online shopping, delivery vehicles have become a ubiquitous presence in urban areas. Recognizing the need for sustainable transportation options, e-commerce companies are increasingly adopting EVs for their logistics operations. This trend not only promotes eco-friendly practices but also contributes to the wider adoption of EVs by raising awareness and creating a market for electric commercial vehicles. The symbiotic relationship between e-commerce and EVs presents a significant opportunity to accelerate the transition to clean and efficient mobility in India.

Government Policies – Creating impactful solutions:

The Indian government has been instrumental in driving the adoption of EVs through various policy measures. Since 2011 when the GOI formed the National Council for Electric Mobility who was tasked to make recommendations to promote e-mobility & manufacturing of EVs, initiatives such as FAMEscheme provide financial incentives and subsidies to both manufacturers and consumers, making EVs more affordable. The government has also implemented ambitious targets for EV adoption and aims to electrify a significant portion of the public transportation system. Additionally, favourable policies, such as exemption from certain taxes and tolls, encourage individuals and organizations to embrace EVs.

OEM Impact on EV ecosystem- a critical role:

Original Equipment Manufacturers (OEMs) play a pivotal role in shaping the EV ecosystem in India. Several automotive companies have entered the EV market, offering a diverse range of electric vehicles to cater to different segments and requirements. OEMs are investing in research and development to improve battery technology, enhance vehicle performance, and extend the driving range. Furthermore, collaborations with battery manufacturers and charging infrastructure providers are essential to ensure seamless integration and sustainable growth of the EV ecosystem. The competitive landscape is driving innovation, affordability, and improved consumer choices, further bolstering India's last mile connectivity through EVs.

Public & Private sector collaborations- a symbiotic relationship:

The metro rail connectivity is considered to be one of the finest examples of a healthy PPP project in India. In the same lines, the successful transition to electric mobility requires collaborations between the public and private sectors. Public entities, such as municipal corporations and transportation authorities, can facilitate the deployment of EV charging infrastructure and provide incentives for fleet electrification. Partnerships between EV manufacturers, utility companies, and charging infrastructure providers are vital to establishing a robust charging network across the country. Furthermore, knowledge-sharing platforms, industry associations, and research institutions can foster collaboration and exchange best practices to overcome challenges and expedite EV adoption.

Tracking and Analysis of EV Adoption – the role of data:

To ensure the successful implementation of EVs in India's last mile connectivity, tracking and analysis of EV adoption are crucial. Data-driven insights on charging patterns, driving habits, and infrastructure requirements enable stakeholders to make informed decisions and identify barriers and opportunities, refine policies, and allocate resources effectively. Real-time monitoring of charging stations and vehicle performance ensures reliable operation and user satisfaction. Additionally, comprehensive analysis can facilitate targeted interventions, such as incentives for specific regions or sectors, and inform future infrastructure planning. Continuous tracking and analysis contribute to an efficient and optimized EV ecosystem.

A region's mobility is influenced by three key factors: people, infrastructure, and sustainability. These elements determine how well transportation functions within the city. Understanding the needs and behaviors of residents is crucial in designing effective transportation systems, because this in turn will impact the economic development of the region. Infrastructure, including roads, public transit, and pedestrian walkways, plays a vital role in facilitating smooth movement. Importantly, prioritizing sustainable options like electric vehicles and promoting active transportation helps create a greener and more efficient urban environment, with focus on last mile connectivity. 

Ultraviolette Launches 5 New Experience Centres

Ultraviolette Automotive

Bengaluru-based electric motorcycle maker Ultraviolette Automotive has expanded its presence across India with the launch of new experience centres in five cities – Madurai, Kolkata, Berhampore, Jaipur and Yelahanka (Bengaluru) – within a span of 72 hours. The company has also opened its second experience centre in Bengaluru, taking its total presence to 17 cities nationwide.

The rapid rollout is aimed at meeting growing demand for its F77 series, including the F77 SuperStreet and F77 MACH 2 models. These new ‘UV Space Stations’ will offer customers test rides, vehicle delivery, aftersales support and access to genuine spare parts.

Narayan Subramaniam, CEO and Co-Founder, Ultraviolette Automotive, said, Ultraviolette’s active expansion is not just about scaling but also about strategy and impact. With the opening of five new experience centres in a short span of 72 hours and launch of a second experience centre in Bengaluru today, we are delivering on our commitment to architect a scalable customer ecosystem with robust sales and aftersales facilities. Our launch in ten countries across Europe in June 2025 and the second phase of India expansion underscores the agility of our operational model, and our vision of serving our customers across hundred cities by FY 2026. Designing and building in India isn’t just a philosophy, it’s about laying the foundation for long-term value creation, and prioritizing service excellence ahead of new product rollouts. We are ushering in the next wave of design-led and advanced tech mobility.”

The company’s experience centres provide tailored sales and service support, creating an end-to-end customer experience. The expansion marks Ultraviolette’s entry into Rajasthan and West Bengal.

Ultraviolette also continues to upgrade its technology offerings. Its latest ‘GEN3 Powertrain Firmware’ and ‘Ballistic+’ performance mode are now available at no extra cost for all F77 owners, new and existing. These updates improve throttle response, acceleration, and initial torque. Earlier updates in 2024 included features such as Traction Control, Dynamic Stability Control, Hill-Hold Assist, and regenerative braking.

The company aims to further scale its reach to 100 cities across India by FY 2026.

BYD Secures 91st Rank In 2025 Fortune Global 500

BYD Secures 91st Rank In 2025 Fortune Global 500

BYD has made its debut in the top 100 of the Fortune Global 500, securing the 91st position in the 2025 ranking announced on 29 July. This marks a significant leap from its 143rd place in 2024 and represents its fourth consecutive year on the prestigious list since 2022.

The company achieved robust growth across its four core industries in 2024, generating annual revenue of RMB 777.1 billion (around USD 107.1 billion), a 29 percent increase year-on-year. BYD also set a new benchmark in new energy vehicle (NEV) sales, delivering 4.27 million units – a 41 percent surge compared to the previous year – solidifying its position as the global NEV sales leader for the third straight year.

Central to BYD’s success is its dedication to technological innovation, guided by a ‘Technology-based, Innovation-oriented’ philosophy. In 2024, the company invested RMB 54.2 billion (approximately USD 7.47 billion) in R&D, a 36 percent annual rise that exceeded its net profit. Remarkably, BYD has outpaced its annual net profit with R&D spending in 13 of the past 14 years, leading to breakthroughs like the Blade Battery, DiSus Intelligent Body Control System and Megawatt Flash Charging.

Expanding its global footprint, BYD accelerated overseas growth in 2025, with passenger vehicles and pickup trucks surpassing 470,000 units in overseas sales during the first half of the year. Key milestones include launching its European headquarters in Hungary, producing its first vehicle in Brazil and delivering its 90,000th NEV in Thailand. Today, BYD operates in 112 countries and regions, offering sustainable mobility solutions worldwide.

With its rising Fortune ranking underscoring its innovation and global strategy, BYD remains committed to advancing sustainable development and its mission to ‘Cool the Earth by 1°C’ through cutting-edge technology and expanded international presence.

Automobili Lamborghini Reports Strong H1 2025 Financial Performance

Automobili Lamborghini has reported strong financial and operational performance for the first half of 2025, demonstrating stability despite global economic challenges. The Italian automaker generated EUR 1.62 billion in revenue, matching previous year figures, while operating profit reached EUR 431 million – a slight decline attributed to unfavourable currency fluctuations. The company delivered 5,681 vehicles during this period, setting a new first-half record with a two percent year-over-year increase.

Maintaining robust profitability at 26.6 percent, Lamborghini continues its sustainable growth trajectory while renewing its entire product lineup. Regional deliveries were led by EMEA with 2,708 units, followed by the Americas (1,732) and APAC (1,241).

The brand's success reflects the execution of its Direzione Cor Tauri strategy, particularly its transition to a fully hybridised lineup. Key models driving this momentum include the Revuelto, Lamborghini's first High Performance Electrified Vehicle (HPEV), featuring a groundbreaking 1,015 HP hybrid powertrain combining a V12 engine with three electric motors. Equally impactful is the Urus SE plug-in hybrid Super SUV, delivering 800 HP with enhanced efficiency and technology.

Later this year, Lamborghini will expand its electrified range with the Temerario, a new V8 HPEV super sports car that recently completed dynamic testing in Estoril. Scheduled for deliveries in early 2026, this model reinforces the brand's commitment to performance-oriented electrification, marking another milestone in its ongoing transformation.

Stephan Winkelmann, Chairman and CEO, Automobili Lamborghini, said, “The results from the first six months of 2025 are solid despite global economic and political instability, confirming that the decision to hybridise the entire range was the right one. The success of the Revuelto and Urus SE demonstrates that our vision is shared by our customers, and we now look forward to the market launch of the Temerario, which will complete the first fully hybrid range in the segment.”

Paolo Poma, Managing Director and CFO, Automobili Lamborghini, said, “In the current macroeconomic and geopolitical context, the financial and business performance of the first half of 2025 demonstrates the resilience we have built over the years, and confirms once again the brand’s positioning among the leading players in the luxury sector.”

SIAM

The Society of Indian Automobile Manufacturers (SIAM), in partnership with the Petroleum and Natural Gas Regulatory Board (PNGRB), convened a roundtable conference titled ‘Gas se Gati, Bharat ki Pragati’ at the India Habitat Centre, focusing on the role of gas-based fuels in promoting cleaner mobility across India.

Held under SIAM’s ‘Gas Mobility’ initiative, the event brought together government officials, industry leaders and technical experts to discuss the development of Compressed Natural Gas (CNG), Compressed Bio-Gas (CBG) and Liquefied Natural Gas (LNG) as alternative fuels for urban and long-distance transport.

In his opening address, Prashant K Banerjee, Executive Director, SIAM, said, “Globally, India is the largest user of gas fuels in mobility. We began with CNG cars and now have the largest gas-based bus and three-wheeler fleet. The launch of the world’s first CNG two-wheeler last year marked another key milestone.”

Dr Hanif Qureshi, Additional Secretary, Ministry of Heavy Industries, highlighted the role of the auto industry in achieving carbon neutrality by 2047. He noted that the government’s production-linked incentive (PLI) scheme supports gas-powered vehicles and localisation of their components.

Additional Secretary from the Ministry of New and Renewable Energy, Sudeep Jain, emphasised the potential of CBG from agricultural waste, stating that converting 10 percent of oil imports to CBG could significantly impact rural development, pollution control and energy self-sufficiency.

Maruti Suzuki’s Rahul Bharti acknowledged the government’s role in expanding CNG infrastructure, with nearly 10,000 stations targeted by 2025. He cited improvements in CNG fuel efficiency and job creation, adding that CBG and LNG also offer promising solutions for the transport sector.

The Commission for Air Quality Management’s Dr Sujit Kumar Bajpayee called gas-based transport a necessity, not a choice, especially for pollution control in Delhi-NCR. He pointed to efforts such as phasing out older vehicles and reducing stubble burning.

Dr Anil Kumar Jain, Chairperson, PNGRB, said India’s energy transition in transport is well underway and gas fuels are an effective transitional option, supported by existing infrastructure.

The thematic session, chaired by Ved Prakash Mishra of the Ministry of Environment, Forest & Climate Change, reiterated gas’s relevance until full electrification is achieved. Academic and policy experts, including IIT Kanpur’s Prof Mukesh Sharma and MNRE’s Dr Gaurav Mishra, shared data on emissions reduction and the role of bioenergy.

Presentations covered city gas expansion, vehicle technology innovations, and infrastructure challenges, featuring speakers from Bajaj Auto, Mahanagar Gas and the Association of CGD Entities.

A panel discussion on CBG and LNG adoption, moderated by ICF’s Gurpreet Singh Chugh, included input from NITI Aayog, GAIL Gas, Indraprastha Gas, VE Commercial Vehicles and Tata Motors. Speakers discussed scalability, infrastructure needs, and the role of gas in supporting India’s net-zero goals by 2070.

The event concluded with remarks by Ashish Chutani, Chairman, SIAM Gas-Based Mobility Group and Head – Government & Policy Affairs, Maruti Suzuki India.