EMotorad launched a range of X-Factor line Xplorer+ and exclusive range of Elite e-bikes Nighthawk and Desert Eagle in the Indian market at the EM Summit 2023, the range being India’s most affordable, the company claims. The new e-bikes range was unveiled by actress Neha Dupia, followed by the launch of revolutionary IoT technology that is soon to be integrated into the e-bikes.

Kunal Gupta, Co-founder and CEO of EMotorad, said, “We are thrilled to be a forerunner in the premium e-bikes space in India. The striking concept with boosted performance and premium design makes it an exceptional choice for riders. Integrated with disruptive technology will further equip the rider with excellent agility and control in the journey of fitness and adventure.”

The entire range of e-bikes is equipped with top-of-the-line features and parts, and is built for the trails with exceptional premium components. It boasts precise EXACT ACTUATION technology that eliminates slop and shifting variation.

The ultra-premium e-bike, Nighthawk, possesses a strong aluminium frame, 150 mm travel fork and 35 mm stanchions for precise handling and high stiffness levels. It leverages the history of SRAM shifting with an X5 derailleur that provides incredible shifting speed. Additionally, the e-bike is equipped with Tektro 2 piston front and rear brakes and Maxxis Minion DHF Exo Protection Tubeless Ready tyres.

Desert Eagle is equipped with a 120 mm travel fork and possesses a Proven Motion Control damper, featuring low-speed compression adjustment to lockout with external rebound adjustment. The app-controlled e-bike also leverages SRAM shifting to provide incredible shifting speed while eliminating slop and shifting variation. Plus, it features Kenda Juggernaut 30 TPI wirr bead Puncture Resistant Tyre Casing for a hassle-free riding experience. 

The launch of the Elite e-bike range was followed by the unveiling of the X-Factor Range – a new trail-blazing economical e-bike range, designed and built in India for the regular Indian. The X-Factor Range is the culmination of thorough research and design to make these e-bikes the most budget-friendly premium e-bikes for everyday use over different terrains for riders of all age groups.

The entry-level X-Factor range of e-bikes feature detachable batteries, LCD displays and class-leading specifications to serve as a gateway to new e-bike users. Each model also features durable steel frames and single speed drivetrains with the option to add derailleurs. X1 possesses mechanical disc brakes with auto cut off and a high tensile steel frame with one level of pedal assist with 12 magnets, while X2 and X3 feature three levels of pedal assist. Both the X1 and the X2 boast removable batteries.

EMotorad also shared its plans to disrupt the e-bikes market with its revolutionary technology. The event wrapped up with an exclusive Tech Launch, showcasing the IoT-enabled e-bikes that will tackle many user problems, such as measuring the calories burnt and setting targets and goals as per users’ requisites. 

The new-age technology that will be integrated into e-bikes redefines the biking experience in the country, making it a modern and carbon-neutral commute alternative, according to EMotorad. In addition, it plans to make a smart e-bike with EMotorad’s state-of-the-art app features to track heart rate, calories and kilometres travelled, and a platform for a community of riders to connect and plan rides. The tech has GPS and geo-tracking features for safety and navigation purposes. When paired with a new cluster for the e-bikes, it will create an immersive e-biking experience for the riders, the company states.

The price of the X-Factor range of e-bikes starts from INR 24,999 and the Elite range of e-bikes starts from INR 475 million onwards. The e-bikes will soon be available to purchase from EMotorad’s official website (https://emotorad.com), online marketplaces and offline dealerships.

Digital lending platform Revfin has strengthened its management with the appointment of three senior executives as part of its FY2026 strategy, targeting INR 7.5 billion in disbursements and 5x growth over the past two years. The company also expects to cross INR 20 billion in cumulative disbursements since inception.

The new appointments include Abhinandan Narayan, Chief Business Officer – New Business, Monish Vohra, COO – Operations & Collections and Anirudh Gupta, Chief Finance & Strategy Officer. The appointments the company shared aligns with its focus on ‘People, Process, Profitability.’

Furthermore, Revfin has outlined its ambition to finance 24,000 EVs in FY2026. Till date, it claims to have financed over 85,000 EVs across 25 states, with 75 percent of borrowers from marginalised communities. Cumulatively, its driver partners have covered 1.6 billion electric miles and earned over USD 400 million.

In FY2025, the company grew its L5 EV loan book by 1,700 percent, supported by a partnership with Bajaj Auto and expanded collaborations with logistics firms. The L5 segment remains a key focus as a replacement for ICE vehicles in urban transport.

Sameer Aggarwal, Founder & CEO, Revfin, said, “The last financial year was a volatile one for the EV industry, but the excitement and energy within the sector remain undiminished. At Revfin, we are deeply convinced that intracity and small commercial vehicles must – and will – transition 100 percent to electric within the next three years. The opportunity is here and now. It’s time to set bold targets and pursue hypergrowth over the next two years. At this critical juncture, the right leadership becomes essential to realizing our ambitions. With the strong momentum we’ve already built, we’re confident the journey ahead will be even more rewarding. We’ve entered 2025 with a sharp focus on what truly matters: People, Processes, and Profitability. These latest leadership hires are a natural extension of that focus and our commitment to scale with purpose.”

Ahmedabad-based clean energy company Matter has launched its flagship electric motorcycle – the Aera, in Bengaluru at an introductory price of IRN 179,000 for the first 500 customers, post which it will be available at INR 188,000. The company has started taking pre-registrations for the e-motorcycle at INR 1,999.

Furthermore, the company has also announced that its first Experience Hub will come up at BTM Layout, which will showcase its tech prowess and philosophy firsthand.

The Matter Aera is claimed to be the world's first electric motorcycle with manual gears – 4-speed transmission, 3 ride modes that delivers 12 unique ride combinations. It features a 7-inch Smart Touchscreen Dashboard, onboard charger and liquid cooled powertrain. The e-motorcycle has a claimed IDC range of up to 172km, a zero to 40 kmph in 2.8 seconds, dual disc brakes with ABS, telescopic front fork and dual rear suspension.

Mohal Lalbhai, Founder & Group CEO, Matter Energy, said, “There’s no better city to lead this journey than Bengaluru—where innovation isn’t just an idea, it’s a way of life. Every lane, every rider here resonates with purpose and progress. The Aera isn’t just a bike – it’s the 22nd Century motorbike. It delivers the thrill of a rocket and the practicality your pocket loves. With our in-house developed Hypershift manual gearbox, liquid-cooled powertrain, and connected tech, AERA brings together performance, emotion, and sustainability like never before.”

The Kia EV3 has won the prestigious ‘2025 World Car of the Year’ award at the globally renowned 2025 World Car Awards ceremony, held during the New York International Auto Show (NYIAS).

A jury of 96 distinguished worldwide automotive journalists from 30 nations assessed the 2025 World Car Awards. With the EV3's triumph, Kia has now won six World Car Awards since 2020. The EV3 has a dramatic, forward-thinking design and a creative, useful interior that makes the most of available space, comfort and utility. The EV3 can charge from 10 to 80 percent in 31 minutes and has a segment-leading range of up to 375 miles (around 603 kilometres). While Kia's AI Assistant, advanced driving assistance systems (ADAS) and Over-the-Air (OTA) upgrades improve the ownership experience with cutting-edge technology, the vehicle's creative interior design maximizes room, comfort and accessibility.

Ho Sung Song, President and CEO, Kia, said, “It is an immense honour for everyone at Kia that the EV3 has been awarded the 2025 World Car of the Year title. This award highlights Kia’s global leadership in providing design-led, technologically advanced, sustainable mobility solutions and how the EV3’s class-leading attributes redefine the user experience for customers worldwide.”

The Hyundai INSTER sub-compact EV has won the prestigious 2025 World Electric Vehicle award at the globally renowned 2025 World Car Awards ceremony, held during the New York International Auto Show (NYIAS).

With this recognition, Hyundai Motor Company has dominated one or more World Car Awards categories for the fourth year in a row. Hyundai Motor's commitment to developing EV technology and sustainability is highlighted by the 2025 World Electric Vehicle award, which also acknowledges INSTER's exceptional value in the EV market. The finalists were chosen by a sealed-ballot jury consisting of 96 international automotive journalists from 30 different countries. On 16 April 2025, the winners were revealed at the 2025 NYIAS. With its unique design, remarkable driving range and state-of-the-art technology, INSTER is the market leader in the sub-compact EV sector. A 10- to 80-percent charge can be made in around 30 minutes thanks to INSTER's quick charging technology, and the 49-kWh long-range variant has a range of up to 370 kilometres.

José Muñoz, President and CEO, Hyundai Motor Company, said, “The Hyundai INSTER has been a winner with customers since we introduced it. It’s very gratifying that the experts on the prestigious World Car Awards jurors feel the same way. The combination of compelling design, range, enjoyable driving characteristics, intuitive infotainment and technology that customers appreciate is emblematic of Hyundai’s approach of delivering exceptional value to our customers. The fact that our global portfolio is successful both commercially and critically speaks to the hard-working people throughout the Hyundai value chain who are delivering some of the best vehicles on the road today. Thank you to all the jurors for your service to this great industry.”