Japanese automaker Mitsubishi Motors Corporation has signed a Memorandum of Understanding with Foxtron Vehicle Technologies (hereafter, Foxtron), a subsidiary of Hon Hai Precision Industry (Foxconn) for developing electric vehicles.

As per the understanding, Foxtron will develop and supply Mitsubishi Motors with an OEM EV model. This model will be manufactured in Taiwan by Yulon Motor Co (Yulon Motor) and introduced in the Oceania region (Australia and New Zealand) in the second half of 2026.

This is part of the earlier announced plan for Australia, extending through 2030, which includes premium driving performance as an EV and an advanced infotainment system, making it optimal for the Oceania region.

The Japanese automaker is making strides in the electrification space with new models along with upgrades to the Outlander PHEV, a plug-in hybrid EV, and the addition of hybrid EV models to the popular Xpander and Xforce models in the ASEAN region.

In addition to exploring collaboration with Foxconn, Mitsubishi Motors plans to enhance its electrified vehicle lineup by leveraging the strengths of the Alliance, such as receiving OEM models from Renault Group in Europe and Nissan Motor Co., Ltd. in North America.

Going forward, Mitsubishi Motors is also exploring expanding its collaboration with its Alliance partners globally, including in the Oceania region, to strengthen the electrified vehicle lineup.

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eBikeGo, an Acer Official Licensee and one of India’s electric mobility leader, has opened its first Acer Electric Vehicles retail outlet in New Delhi’s Okhla Industrial Area (Phase 2). This marks the beginning of a nationwide expansion, with 15 flagship stores planned to showcase Acer-branded e-vehicles.

The store offers a premium range of e-bicycles, e-scooters and e-bikes, blending global design with rugged Indian road adaptability. Targeting urban commuters and eco-friendly riders, the lineup includes e-cycles starting at an introductory price of INR 35,999, with e-scooters and e-bikes arriving soon.

Hari Kiran, Co-Founder & COO, eBikeGo, said, “We at eBikeGo are elated to announce our significant expansion in 15 cities across PAN-India, which has been made possible within only a few months, based on our strategic approach of setting up Acer Electric Vehicles retail outlets across various states. This rapid expansion underscores our commitment to eco-friendly transportation while positioning eBikeGo as a pivotal player in the Indian EV market and promoting a green and sustainable future for all Indians. It also enables us to put the spotlight on eBikeGo’s brand new e-2Ws products’ lineup, including our e-cycles, e-scooters and e-bikes.

“The overwhelming response we have received for eBikeGo’s store expansion and the feedback we have received for Acer brand serves as a testament to the strong brand appeal and speaks volumes about our credibility. With our wide portfolio of reliable EVs tuned to the Indian roads and consumer requirements yet boasting world-class standards, we shall continue to expand and grow our retail store network furthermore across the nation.”

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BYD, a global leader in new energy vehicles (NEVs), celebrated the production of its 13-millionth NEV on 21 July 2025 at the company's Xiaomo Production Base in Shenzhen-Shanwei. The milestone vehicle, a YANGWANG U7, underscores BYD’s industry dominance.

The company maintained strong growth in the first half of 2025, with domestic sales surpassing 2.113 million units (up 31.5 percent year-on-year) and overseas deliveries reaching 472,000 units (a 128.5 percent surge). This performance solidified BYD’s position as the world’s top-selling NEV automaker and the first to achieve 13 million NEV productions.

The achievement reflects global consumer trust in BYD’s technology and quality. The success of its premium YANGWANG brand highlights Chinese automakers’ rising influence in the high-end EV market, showcasing China’s competitive edge in the new energy era.

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Bike Bazaar, a non-banking finance company focussing on new and used two-wheelers, has announced that it has inked a strategic partnership with E-Sprinto, an electric two-wheeler company.

Under the strategic partnership, Bike Bazaar aims to deploy 10,000 electric scooters from E-Sprinto for last-mile delivery segment in India.

Atul Gupta, Director, E-Sprinto, said, “This collaboration with Bike Bazaar is a strategic leap towards transforming last-mile delivery in India. At E-Sprinto, we are committed to building not just electric vehicles, but ecosystems that empower riders with dependable technology, minimal downtime, and sustainable performance. Our scooters are engineered to serve the real needs of India’s delivery economy – high mileage, robust build quality and low maintenance. Bike Bazaar shares our vision of creating value beyond just mobility—this event proves their commitment to rider safety and long-term engagement. We are proud to be partnering with a company that prioritizes its customers so holistically.”

Satbir Singh, Business Head – EV & New Business Initiatives, Bike Bazaar, said, “At Bike Bazaar, our riders are not just customers – they are the heart of everything we do. Today’s event is not only a celebration of their continued trust but a reaffirmation of our responsibility toward their safety and livelihood. We believe safety is not an optional feature—it’s a fundamental culture that must be embedded in every touchpoint. Our partnership with E-Sprinto is a step in this direction—together, we aim to deliver smarter, safer, and more reliable EV solutions tailored to the evolving needs of the gig economy. This is more than a fleet expansion—it’s a shared mission to lead the charge in responsible electric mobility.”

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In a major step towards sustainable transport in India, Henkel Adhesive Technologies has launched what it claims is the country’s first mid-haul re-powered electric truck operations, in collaboration with an integrated logistics and transport company and a partner specialising in EV retrofitting solutions.

The pilot electric logistics service connects key industrial corridors across two major routes: Chennai to Pune (1,321 km) and Pune to Halol (713 km). The trucks, which have been converted from diesel to electric through the installation of a full electric powertrain kit, boast a 250km driving range on a single charge and support payloads of up to 8 tonnes.

According to Henkel, a single round trip on the Chennai–Pune route with the re-powered electric truck could cut greenhouse gas emissions by approximately 1,212kg, showcasing the significant sustainability potential of retrofitted electric freight transport in India’s mid-haul logistics sector.

The initiative aligns with Henkel’s global sustainability goals, which include achieving net-zero emissions across its entire value chain by 2045. The company aims for a minimum 90 percent reduction in Scope 1 and 2 emissions and substantial cuts across Scope 3 emissions by promoting eco-design, low-emission raw materials, supplier engagement and cleaner logistics.

By pioneering this transformation in mid-haul logistics, Henkel India seeks to catalyse broader adoption of electric-powered freight solutions in one of the world’s fastest-growing transportation markets.

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