Delhi-NCR-based Euler Motors, an electric commercial vehicle manufacturer, has raised INR 4.37 billion (USD 47 million) in a Series E funding round. The investment was led by Lightrock, with participation from Hero MotoCorp and Blume Ventures. The company also secured an additional INR 2.5 billion in debt financing from BlackSoil, Trifecta, InnoVen and Alteria Capital.

Founded in 2018, Euler Motors focuses on the last-mile logistics segment in India. The company is the second largest player with 22 percent market share in the four-wheel electric cargo segment. To cater to demand in the country, it is expanding to over 100 touchpoints across the country.

The recent capital will be used to expand manufacturing capacity, scale the national retail and service network, and invest in core operational functions. To date, Euler Motors has raised approximately INR 19 billion (USD 229 million).

Saurav Kumar, Founder and CEO, Euler Motors, said, “This round comes at an important stage in Euler Motors’ journey. We are moving from early scale-up to the next phase of growth, where the focus is on building with greater depth and consistency across products, markets and operations. We see a significant opportunity in commercial EV segments where uptime, reliability and operating economics matter most, and we will continue to invest behind that opportunity with discipline. The combination of fresh equity and debt capital strengthens our ability to expand capacity, deepen our network and build the operating foundation required for long-term growth. We are pleased to welcome Lightrock as a new investor and grateful for the continued support of Hero MotoCorp, Blume Ventures, BlackSoil, InnoVen, Trifecta and Alteria Capital.”

Ademidun (Demi) Edosomwan, Partner and Head of Energy Access, Lightrock, said, “We are proud to partner with Euler Motors and accelerate their mission to transform commercial mobility in India. Euler Motors has built a differentiated platform in electric commercial vehicles with products purpose-built for Indian operating conditions and the demands of last-mile logistics. The company is delivering practical, scalable solutions that can drive the wider transition to clean mobility.”

Harshavardhan Chitale, CEO, Hero MotoCorp, said, “We are excited to support Euler Motors in its latest fundraise, as the company continues to demonstrate strong momentum in building ecological and scalable solutions. Their commitment to innovation, operational excellence and long-term value creation aligns closely with our vision of being sustainable and customer-centric.”

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Renault has announced a series of updates for the Megane E-Tech electric, focusing on design, performance, and equipment levels. The refreshed model aims to strengthen its position in the compact electric vehicle segment as it targets buyers transitioning to electric mobility.

The EV continues to be manufactured at the ElectriCity industrial hub in France, with battery assembly at the Douai plant and motor production in Cléon.

The exterior has been restyled to provide a more dynamic on-road presence. The bumper has been redesigned with a prominent body-coloured section and a new light signature featuring eight diamond-shaped components. The Renault logo is now positioned under the bonnet. On the back, the rear lights feature a 3D design without a covering lens.

The electric vehicle is 20mm taller and features a reshaped rear skirt to accentuate its width and sporty profile. The Megane E-Tech electric retains large 19- or 20-inch wheels. It is being introduced in two main trim levels.

Techno, which features a body-coloured front bumper trim and new 19-inch alloy wheels. The interior includes a TEP-finish dashboard, with optional power seats and wood or patterned trim.

On the other hand, Esprit Alpine is the high-spec trim includes specific 20-inch alloy wheels, distinct styling elements and an interior with a spectral grey door panel finish that transition from dark grey to blue.

The Megane E-Tech electric is available in seven body colours, including the new Satin Blue Slate, with optional two-tone roof configurations.

Laurens van den Acker, Chief Design Officer, Renault Group, said, "We have enhanced the perceived width and on-road stance of new Renault Megane E-Tech electric to give it greater presence. Its sporty, modern styling gives it an appeal that echoes its inherent dynamic qualities."

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Gujarat-based electric vehicle start-up Avore Electric has unveiled a teaser film of its upcoming electric motorcycle, which it says will mark its formal entry into the high-growth mid-size electric two-wheeler segment.

The e-motorcycle, it says, is built around the core corporate philosophy of ‘Intelligence Beyond Motion’, which it claims is engineered entirely from the ground up on Avore’s indigenous, in-house technology platform.

The visual preview details a performance-oriented stance tailored for next-generation riders. The design language focuses on structural integration, moving away from traditional retro aesthetics toward a technical look.

Key styling and engineering elements highlighted in the promotional film include aerodynamically optimised fairings designed to minimise drag and manage thermal airflow around the battery enclosure. A unique front headlamp design that serves as the visual anchor for the motorcycle’s front fascia. Contrasting paint schemes that accentuate the sharp, aggressive geometric lines of the chassis.

The start-up says its upcoming e-motorcycle represents the culmination of years of domestic, in-house research and development. By utilising its proprietary technology platform, Avore Electric aims to establish a foothold in India's expanding mid-size premium motorcycle space before scaling its world-class electric mobility solutions to international markets.

The company is expected to give more details soon.

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JSW MG Motor India, one of the leading passenger vehicle manufacturers, has announced that it has successfully installed 1,000 community chargers under its MG Charge initiative.

Spanning more than 470 sites across India, the milestone makes JSW MG Motor India the first automaker in the country to establish community-led electric vehicle (EV) charging infrastructure at this scale. The installations are distributed across residential societies, condominiums, hospitals, corporate campuses, hotels and industrial parks.

Alongside the infrastructure announcement, the company revealed that MG-branded electric vehicles have cumulatively travelled over 2.9 billion green kilometres on Indian roads. This collective mileage has offset approximately 417,000 metric tonnes of CO2 emissions.

Furthermore, JSW MG Motor India has detailed an aggressive product timeline for the remainder of calendar year 2026 (CY2026). The automaker plans to launch three new New Energy Vehicles (NEVs).

This upcoming product push will mark the brand's introduction of plug-in hybrid (PHEV) technology to the Indian market. The company noted that its overarching corporate philosophy views India's transition to sustainable transit as a path that can be successfully driven by balancing multiple complementary technologies.

In alignment with national decarbonisation targets, JSW MG Motor India has systematically upgraded its primary manufacturing plant in Halol, Gujarat. The site has achieved significant efficiency metrics through the deployment of Industry 4.0 digitisation and Internet of Things (IoT) solutions.

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has announced a major expansion of its renewable energy footprint with two dedicated biogas projects on the occasion of World Environment Day.

The company has earmarked a cumulative investment of INR 9.25 billion through FY 2030–31 toward green energy initiatives to systematically curtail its carbon footprint across in-house manufacturing operations.

The automaker is investing INR 1.5 billion specifically into these two newly detailed biogas developments, aligning its corporate operations with the Government of India's ‘Waste-to-Wealth’ mission.

It has commissioned a new 10 TPD Biogas Plant at Kharkhoda, which is scheduled to be commissioned in FY2026–27. At full operational capacity, the plant is projected to mitigate 9,490 tonnes of CO2 emissions annually. The generated biogas will offset fossil fuel reliance by servicing approximately 20 percent of the total gas requirement at the Kharkhoda manufacturing site.

Furthermore, earlier this month, Maruti Suzuki India completed an expansion at its Manesar facility, scaling output from an initial 0.2 TPD to 0.7 TPD. The expanded setup is expected to generate roughly 360,000 standard cubic meters of biogas annually, avoiding an estimated 664 tonnes of CO2 emissions per year.

The plant leverages anaerobic digestion technology to convert organic and agricultural waste into raw biogas. It uses food waste, napier grass and paddy straw as feedstock, with a technical provision to boost output utilising cattle dung. The output will be directed into paint shop heating processes and factory canteen operations. Fermented Organic Manure (FOM) generated as a byproduct will be routed to internal horticulture or supplied back into the local agricultural ecosystem.

Beyond localised biogas projects, Maruti Suzuki is systematically scaling its solar energy infrastructure to counter liquid natural gas (LNG) volatility and supply constraints. It has progressively expanded its installed solar capacity to 79 MWp across its manufacturing facilities and targets an expansion to 319 MWp of solar-generated renewable energy by FY 2030–31.

The automaker recently replaced natural gas with biogas for approximately 10 percent of the energy requirements at its Hansalpur facility. Supported by SRDI (a wholly owned subsidiary of Suzuki Motor Corporation, Japan), this transition ensured uninterrupted operations during active LNG supply bottlenecks.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “Maruti Suzuki has been consistently working on initiatives aimed at reducing fossil fuel consumption and oil import dependence. In line with this, we are setting up a new 10 Tonnes Per Day biogas plant at the Kharkhoda facility as well as expanding the existing biogas plant at Manesar facility. At a time when the world is navigating an increasingly uncertain energy landscape, such initiatives assume greater significance. As the Hon’ble Prime Minister of India has called for reducing dependence on fossil fuels, the commissioning of our biogas project comes at an appropriate time. It enables us to contribute, in a modest but meaningful way, to the current national priority alongside several other ongoing efforts.”

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