Greaves Cotton Showcases Six New Electric Two and Three-Wheelers At Auto Expo 2023

Greaves Cotton Showcases Six New Electric Two and Three-Wheelers At Auto Expo 2023

Greaves Cotton unveiled its new, ‘Made in India’ product offerings across two-wheelers and three-wheelers – including the e2w Ampere Primus – at the ongoing Auto Expo 2023 in Greater Noida, India today. Significantly, the engineering company announced that it will leverage its decades of engineering expertise to manufacture powertrains as it aims to lead last-mile passenger and cargo mobility through a complete EV ecosystem stack.

Since its foray into sustainable mobility, Greaves claims that it has committed a capital investment of INR 15 billion to boost India’s EV ecosystem to include –

Feature-rich electric Ampere two-wheelers – Ampere Primus, the high-speed B2C e-scooter targeted at modern millennials, along with Ampere NXG and Ampere NXU.

Futuristic Greaves electric three-wheelers – Greaves ELP, the passenger electric three-wheeler; Greaves ELC, the cargo electric three-wheeler; and Greaves Aero Vision, a futuristic cargo concept embodying performance and efficiency.

Powertrain to power the EV Industry – To introduce motor-controllers and integration software to meet the emerging needs of the EV ecosystem.

Growth of Greaves Finance and Greaves Retail – Shared initiatives undertaken with multi-brand retail stores, offering 15+ EVs, 50+ models, EV service and spares, in addition to EV financing for EV adoption across India.

Commenting on Greaves Cotton’s transition into a transformational catalyst for India’s EV ecosystem, Nagesh Basavanhalli, Executive Vice Chairman of Greaves Cotton, said, “Greaves Cotton is in the process of transitioning from a metal-based, manufacturing engineering company to an electric, electronic and mechatronics-based mobility technology company that is solving the 21st century challenges in clean and affordable last-mile mobility. The products and technology we have unveiled here today bear testimony to our purposeful stride towards emerging as India’s most complete EV ecosystem player. Each product, inspired by the Arctic Tern epitomises its sustainable spirit, aerodynamic efficiency for mobility and intelligent design. We are committed to help India transition to electric mobility while setting a new benchmark of scale, sophistication and diversity in the EV landscape. 2023 marks a new growth phase for us, as we provide holistic, end-to-end solutions and empower lives.”

Further announcing the Group’s foray in the electric powertrain business, Dr Arup Basu, Managing Director of Greaves Cotton, said, “The electric powertrain business is a natural progression for us, given our sound engineering legacy. For decades, we have been making in India and meeting the needs of our customers. With our in-depth knowledge of vehicle duty cycle expertise, we will meet the evolving needs in the mobility segment with the unveiling of electric powertrain technologies. It is exciting to be in this space with our EV technology stack.”

With technology as a key differentiator, the e-powertrain suite will be characterised by cutting-edge design, engineering, materials chemistry, weight and aesthetics that will be customised to the needs of OEM customers, states the engineering company. Each product will continue to represent the company’s ‘Make in India’ commitment, with a high level of localisation and components obtained domestically.

Targeted at modern millennial commuters and young families, Ampere Primus is poised to meet the needs of customers looking for higher speed, enhanced styling and better technology, according to Greaves. It is also open for bookings across India. The key highlights of the vehicle include –

• Performance: Top speed of 77 kmph, 0-40 kmph < 5 sec, efficient high torque 4 kW mid-mount motor and a true range of 100+ km on a full charge. Primus can be driven in four modes – Eco, City, Power and Reverse modes, for optimum rideability.

• Safety: 3 Kwh LFP battery technology with smart BMS that is phase 1, AIS 156 compliant.

• Durability: Longer battery life with LFP chemistry.

• Smart: Bluetooth connectivity and navigation with phone app for convenience.

• Comfort: Longer legroom, wider seats, better driveability.

• Style: Elegant styling with four metallic matt colours, including Himalayan White, Royal Orange, Havelock Blue and Buck Black.

In addition to the Primus, the company unveiled five additional new product concepts to meet consumer needs across segments and price points. These include –

Ampere NXG, a sophisticated electric scooter with IoT connectivity for the discerning customers in the passenger mobility space.
Ampere NXU, a robust and connected B2B electric scooter for multiple commercial applications, for the gig economy. It can also be a personal use vehicle for the family.

Additionally, Greaves unveiled three-wheelers for passenger and cargo mobility –

• Greaves ELP: An electric passenger three-wheeler that will empower auto drivers with disruptive cost savings.
• Greaves ELC: An electric cargo three-wheeler that will meet the growing demand in moving cargo, at a much lower cost to serve.
• Greaves Aero Vision: A futuristic cargo concept that will ensure that the needs of efficiency and performance are met in the evolving cargo mobility segment.

 

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Murugappa Group’s TIVOLT Electric Vehicles set to launch e SCV under Montra Electric brand

Murugappa Group’s TIVOLT Electric Vehicles set to launch e SCV under Montra Electric brand

TIVOLT Electric Vehicles, part of Murugappa Group and a subsidiary of TI Clean Mobility, is gearing up to launch an e-Small Commercial Vehicle (e-SCV). 

Once launched, the vehicle is expected to bring about a significant change in India's mid-mile and last-mile mobility sectors, thanks to its cutting edge technology, distinctive design, strong performance, and durable build quality. The company says the development of the e- SCV will be a culmination of extensive research and rigorous testing.

Founded in February 2022 as a subsidiary of Tube Investments of India (TI), TICMPL is foussing on clean mobility solutions. With the inclusion of e-SCVs as its fourth EV platform, TICMPL is now positioned to offer complete mobility solutions to enterprises and logistics companies, serving their needs across intercity, intracity, and last-mile applications.

Vellayan Subbiah, Executive Vice Chairman, TII said “Montra Electric represents our commitment to enhancing life through eco-friendly mobility solutions, ushering in a new era of growth and innovation for us. The electric vehicle industry is experiencing an exciting phase of development, not only in India but globally as well. We have dedicated our top resources and time to develop this product, and we are looking forward to the customer response upon its launch in the coming months. At Montra Electric, our goal is to offer products and solutions that are beneficial for both our customers and our business, ensuring practicality and sustainability.”

He further stated that India is poised to lead the global adoption of electric vehicles, second only to China. 

“TICMPL is making impressive strides in the electric vehicle sector with a substantial commitment of INR 3,000 crore. Currently, we are developing four platforms, including the successful MHCV truck and electric three-wheeler already in the market. What excites me the most is our upcoming Small Commercial Vehicle (SCV) platform. SCV represents the largest category in the commercial vehicle segment, making our entry into this arena particularly thrilling. This segment is primed to adopt EVs swiftly, supported by policies, government initiatives, and increasing adoption rates. Our dedication to becoming the foremost player in this segment in India is unwavering. The TIVOLT e-SCV is poised to be a standout product, a definite winner in the market,” concluded Vellayan Subbiah.

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Mahindra Last Mile Mobility Sets Up Three-Wheeler EV Charging Stations In Mumbai Suburbs

Mahindra Last Mile Mobility Sets Up Three-Wheeler EV Charging Stations In Mumbai Suburbs

Mahindra Last Mile Mobility (LMM), a division of the Mahindra & Mahindra Group, has set up several charging stations near autorickshaw stands, auto driver home clusters and junctions. LMM has done this through strategic charging vendors. The division has done so to boost EV penetration in Mumbai and its suburbs.

Chargers have also been installed at Mahindra outlets and Mahindra Mitra Technician spots wherein customers can charge their three-wheelers. The charging points have been positioned in strategic locations like Malad, Kandivali, Mira Road, Navi Mumbai, Vasai, Virar, Andheri and so on. This is an ongoing process and the Mahindra team, along with key stakeholders, has identified additional charging spots in and around Mumbai and with due approvals, will commence work. The auto driver partners, too, have been notified of these additional charging points.

In addition to this, more than 60 mechanics have been trained by LMM’s service personnel to handle Mahindra three-wheeler EVs.

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Electric Fast Charging Station At Mumbai’s CSMIA

Electric Fast Charging Station At Mumbai’s CSMIA

Six robust DC fast EV charging stations have been installed at Terminal 1 and Terminal 2 of Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA). They are available for service as Public Charging Stations (PCS) for passengers as well as guests visiting the airport. 

The EV station at Terminal 1 is at P1 - Multi-level Car Parking (MLCP). At Terminal 2, it is at P5 – MLCP. There is another station at the Airside of Terminal 2 as well. The owners of private EVs and commuters who will avail of the charging stations at MLCP in either terminals will be billed only for the charging sessions. They will be given a deduction against the parking fees.  

Adhering to all the requirements, policies and protocols outlined by the regulators, the charging stations at either terminal of CSMIA are of the CCS Type II Dual Gun 60 kW and GB/T (DC 001) Dual Gun 40 kW Charger type and compatible with all the prevailing EV cars in the country. There would be augmentation of 60 kW and 240 kW capacity EV chargers to cater to the needs of Airside logistics.  

CSMIA runs on 100 percent renewable energy with its onsite solar power plant, Vertical Axis Wind Turbine (VAWT) and procures green power. For EV charging, the airport will source 100 percent green power, according to sources in the know of the development.

 

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BluSmart raises INR 2 billion in pre-Series B Round

BluSmart raises INR 2 billion in pre-Series B Round

BluSmart, a leading electric vehicle cab service and EV charging infrastructure network company, has raised $24 million (INR 2 billion) in pre-Series B funding round.

The company saw investment from responsAbility Investments (a leading impact asset manager); Sumant Sinha (a leading player in the Renewable Energy sector); MS Dhoni Family Office (former Indian cricket team captain); existing investors and BluSmart founders. 

The funding the company says will be deployed to expand its operations in India, as well as grow its EV charging infrastructure and assets.

Interestingly, the company claims it has grown its fleet of 70 electric vehicles in January 2019 to 7,500 EVs plying across Delhi NCR and Bengaluru. Its EVs have clocked over half a billion (500+ million) electric kms and delivered over 16 million electric trips saving nearly 40 million kgs of CO2 emissions since launch. The company has over 9,800 driver partners and also operates one of the largest EV charging infrastructure with 50 EV Charging Hubs spread across 2 million sqft. 

BluSmart states it recently crossed INR 5.5 billion ARR ($65 million Annual Revenue Run-rate).

Punit Goyal, Co-Founder, BluSmart said, “BluSmart is building an integrated energy-infrastructure, mobility and technology company to take the full advantage of the EV revolution. Our latest fundraise of $24 million is an important step in our journey to scale the e-mobility fleet and EV Charging Infrastructure.”

Sameer Tirkar, Head of Climate Infrastructure Investments APAC at responsAbility Investments AG said, “We are happy to continue our partnership with BluSmart through our second round of funding. BluSmart has been able to lead the way in building from the grounds up an entire EV ecosystem to disrupt the conventional modes of commute without compromising on reliability and convenience. We believe in their vision and capabilities in creating positive environmental and social impact by reducing carbon emissions in urban transportation.”

Sumant Sinha said, “The future of mobility is electric, and e-mobility is a crucial step in making the shift to cleaner, emissions-free transportation. India’s growing economy and favourable policies provide ample impetus to this transition. I am excited to partner with BluSmart in their growth journey.”

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