Hyundai Motor India Launches Assured Buyback Scheme For Creta Electric
- By MT Bureau
- August 04, 2026
Hyundai Motor India, one of the leading passenger vehicle manufacturers, has launched an assured buyback scheme for the Hyundai Creta Electric SUV, offering buyers a 60 percent guaranteed residual value for up to three years or 45,000 kilometres. The program aims to address depreciation concerns among buyers transitioning to electric vehicles.
The initiative follows the company's introduction of its Battery-as-a-Service (BaaS) model for the Creta Electric, which carries an entry price of INR 1.09 million with battery rental rates starting at INR 3.9 per kilometre to lower upfront purchase costs.
The Creta Electric features ARAI-certified driving ranges of 510 kilometres for the 51.4 kWh battery option and 420 kilometres for the 42 kWh variant, with DC fast-charging capabilities that enable a 10 to 80 per cent charge in 39 minutes.
Tarun Garg, MD & CEO, Hyundai Motor India, said, “The next phase of electric vehicle adoption in India will be driven equally by advancements in vehicle technology and by greater customer confidence. Hyundai Creta Electric has been engineered to deliver an exceptional ownership experience backed by Hyundai’s global EV expertise and the trust of the iconic Creta brand. Our Assured Buyback Program, offering 60 percent assured buyback value, reflects our confidence in the product’s outstanding quality, reliability and long-term value. Together with our Battery-as-a-Service initiative, expanding charging infrastructure and future EV roadmap, we are building one of India’s most comprehensive EV ecosystems, enabling customers to embrace electric mobility without compromising on convenience, confidence or peace of mind.”
To support its electric fleet, Hyundai provides access to over 30,000 charging points via its digital app. The carmaker currently operates 183 DC fast-charging stations across 105 cities in India, with plans to expand its network to 600 stations by 2030 across highways, cities, and dealership locations.
- Mahindra Last Mile Mobility
- The Earthshot Prize 2026
- Prince William
- UDAY NXT
- Rajesh Jejurikar
- Suman Mishra
- Orsted
- Mahila Housing Trust
- AirQo
- Satellites on Fire
- Pula
- the City of Barcelona
- Bhutan
- Indigenous Desert Alliance
- Yellowstone to Yukon Conservation Initiative
- Zero Emission Maritime Buyers Alliance
- Niue Ocean Wide Trust
- PFAS-Free France
- South Korea Zero Waste Movement Network
- Mother Earth Foundation
Mahindra Last Mile Mobility Named Earthshot Prize 2026 Finalist
- By MT Bureau
- September 20, 2026
Mahindra Last Mile Mobility has been selected as one of 15 global finalists for The Earthshot Prize 2026, competing in the 'Clean Our Air' category. The company represents the sole automotive manufacturer and the only corporate entity among this year's finalists for the environmental award established by Prince William in 2020.
The selection recognises the deployment of electric three-wheelers and commercial vehicles across India.
Mahindra Last Mile Mobility has distributed more than 400,000 electric vehicles, which have accumulated over 9 billion kilometres of operation. The shift to electric drivetrains has offset approximately 185,000 metric tonnes of carbon dioxide emissions while lowering operating expenditures for commercial drivers, delivery operators, and small businesses. The company also operates support initiatives such as the UDAY NXT programme, providing accidental insurance and financial counselling to vehicle owners.
Rajesh Jejurikar, Executive Director and CEO of the Auto and Farm Sector, Mahindra & Mahindra, said, "Last-mile mobility can deliver environmental and social impact at scale. More than 4 lakh Mahindra electric vehicles on the road today are helping power 4 lakh livelihoods every day. For many of these customers, these vehicles are working assets that support their families and enable micro-entrepreneurship. Being named a Finalist for The Earthshot Prize recognises a model where cleaner mobility, customer prosperity and scale can go together, and strengthens our belief that solutions proven in India can have relevance across other markets."
Suman Mishra, Managing Director and CEO, Mahindra Last Mile Mobility, said, "For us, the impact of electric mobility is visible every day in the lives of the drivers and entrepreneurs who depend on these vehicles for their income. When electric becomes the better economic choice for the customer, cleaner mobility can grow much faster. We are seeing that combination of livelihood impact and environmental benefit at meaningful scale. The Earthshot Prize recognition encourages us to take this model further in India and beyond."
Commenting on the nomination, Prince William noted that Mahindra's operation represents ‘a practical solution that is already working at scale and changing the way people move around their cities.’
The 2026 finalist cohort includes international organisations, municipal bodies and non-profit groups, such as Orsted, Mahila Housing Trust, AirQo, Satellites on Fire, Pula, the City of Barcelona, Bhutan, Indigenous Desert Alliance, Yellowstone to Yukon Conservation Initiative, Zero Emission Maritime Buyers Alliance, Niue Ocean Wide Trust, PFAS-Free France, South Korea Zero Waste Movement Network and Mother Earth Foundation.
Five category winners will receive EUR 1 million each during The Earthshot Prize Summit and Awards ceremony, scheduled to take place in Mumbai on 17 November 2026.
Tata Power, Tata Passenger Electric Mobility Expand Charging Hub Network Across India
- By MT Bureau
- September 10, 2026
Tata Power and Tata Passenger Electric Mobility have expanded their co-branded charging network across four states, with 10 charging hubs logging over 70,000 charging sessions and 85,000 charging hours.
The infrastructure has delivered 2.7 megawatts of total power capacity, supporting over 7.5 million electric kilometres and offsetting 6,690 tonnes of carbon dioxide emissions.
The network spans Maharashtra, Telangana, Andhra Pradesh and Uttar Pradesh, operating 25 fast chargers and 56 charging guns with hub capacities ranging between 180 kilowatts and 600 kilowatts. The locations include four sites along the Yamuna Expressway between Greater Noida and Agra, three stations along the Hyderabad–Vijayawada corridor, one location on the Bengaluru–Tirupati route and one hub along the Pune–Bengaluru highway. Additional hubs operate within urban zones in Mumbai and Hyderabad.
The facility at The Leela near Mumbai Airport serves as the flagship site, providing 600 kilowatts of capacity across 16 charging guns, comprising six 60-kilowatt and two 120-kilowatt units. The location supports private vehicles, commercial taxis and fleet operations near transit corridors.
The installations form part of Tata Power's total footprint, which includes over 6,700 public and captive charging points, 250,000 home chargers and 1,200 bus chargers across 690 cities. The company aims to operate 10,000 public charging points and 750,000 home chargers by 2030, with hub management integrated into the Tata Power EZ Charge application.
Telangana Tops HERE-SBD EV Index 2026 As India Adds 31,500 Public Chargers
- By MT Bureau
- September 10, 2026
HERE Technologies and SBD Automotive have published the India edition of the HERE-SBD EV Index 2026, which tracks electric vehicle readiness and charging infrastructure deployment across 34 Indian states and union territories. The report indicates growing consumer interest alongside an expansion of public charging networks.
The report finds that Telangana secured the top rank in the 2026 study, rising from 25th position in the previous edition due to infrastructure additions and updated vehicle fleet data. Andhra Pradesh advanced from 13th to second place, while Chandigarh ranked third, followed by Haryana and Rajasthan tied in fourth position.
Delhi dropped from fourth place in 2025 to 17th position, as infrastructure additions and vehicle adoption rates lagged behind other regions.
Interestingly, India added more than 31,500 public charging points over the past year, increasing total public charging capacity by 1.65 gigawatts. The average public charger power increased from 32 kilowatts to 45 kilowatts across the network.
A companion survey of drivers in India revealed that 87 percent of respondents are more likely to consider purchasing an electric vehicle than a year ago, with 46 percent citing fuel costs as a primary factor. However, operational challenges persist, with 77 percent of current electric vehicle owners reporting encounters with non-functional charging points and 46 percent citing charger availability as a primary barrier to adoption.
Abhijit Sengupta, General Manager for India and Southeast Asia, HERE Technologies, said, "India's EV ecosystem is evolving rapidly. Consumer confidence continues to grow, charging infrastructure deployment is accelerating and several states are demonstrating strong progress in building the foundations for electric mobility. More than 31,500 chargers were added in the past year alone, underscoring the momentum across the industry. As adoption accelerates, the focus must increasingly shift from simply expanding infrastructure to ensuring drivers can confidently discover, access and use charging infrastructure whenever they need it."
Robert Fisher, Senior Consulting Manager, SBD Automotive, said, "India continues to stand out as one of the most optimistic EV markets globally. The rapid growth in charging infrastructure is encouraging, but consumer feedback shows that reliability remains a key challenge. The next stage of market maturity will require balancing infrastructure scale with infrastructure quality, ensuring the charging experience keeps pace with the growing number of EVs on the road."
The index ranks regions out of a maximum score of 100 based on four criteria: charger density per road length, average charger power capacity, vehicle fleet share, and the ratio of registered electric vehicles to public charging points.
Bgauss Unveils C12 MaxR Electric Scooter With 178km Range
- By Sharad Matade
- September 09, 2026
Mumbai-headquartered electric vehicle company Bgauss, part of RR Global, has launched the C12 MaxR, an electric scooter which comes with a certified range of 178km and a top speed above 75kmph. The launch is part of the company’s plan to make further inroads into India's competitive two-wheeler market.
Underpinning the new model is what Bgauss calls its WSA platform, an architecture built to take different combinations of motor, battery and wheel size rather than being locked to one configuration. The company says the platform, made from high-tensile micro-alloy steel and assembled through robotic manufacturing, is rated for up to 150,000km of use — a figure aimed squarely at buyers who use their scooters for daily commuting rather than occasional trips.
The C12 MaxR draws power from a 3.8kWh lithium iron phosphate battery, rated IP67 for water and dust resistance and enclosed in aluminium to help manage heat. Bgauss says the pack's battery management system tracks 110 separate safety and performance parameters, feeding into the certified 178km range.
Drive comes from HyperZen, a newly developed in-wheel motor that produces 4.2kW of peak power. Unlike a conventional setup, the motor houses its own gear transmission, braking hardware and control unit together, which Bgauss says does away with a belt or chain and cuts down on wiring.
Riders get a choice of Eco, Ride and Sport modes, plus reverse gear, cruise control and regenerative braking. Bgauss rates the scooter's hill-climbing ability at 18 degrees, give or take two degrees either way.
"Over the last six years, we have been focused on building electric mobility around the Indian consumer, and the C12 MaxR brings that philosophy together in one product," said Hemant Kabra, founder of Bgauss. "We wanted to create a scooter that delivers on the fundamentals of range, performance and reliability, but also recognises that today's consumer expects much more from their vehicle. Space, design, lighting, technology and pride of ownership are equally important. The C12 MaxR is our expression of what a complete electric scooter should be. It is engineered for everyday India, while designed to make every ride feel special."
Storage was clearly a design priority. Under the seat is room for two helmets, while riders also get a pop-out umbrella holder, a lockable compartment for documents and a wallet, wireless phone charging, a bottle holder and a spot for a cleaning cloth. There is additional space on the floorboard for a medium-sized bag or piece of luggage.
Visually, the scooter is built around a front light unit Bgauss calls the Krystal Lamp, paired with full LED lighting at the tail and indicators, and a quilted seat the company has branded Seat of Pride.
A 5-inch TFT screen handles turn-by-turn navigation, call alerts, ride and charging data, user profiles and document storage, with a choice of display themes. Other functions include a distance-to-empty readout, a fall-detection feature called FallSense, automatic motor cut-off when the side- or main-stand is down, service reminders, a mode-memory setting and home-location guidance. A companion app adds parental controls, a security lock, adjustable speed limits, firmware updates, vehicle health checks, an SOS alert and DigiLocker access.
Mechanically, the C12 MaxR runs on 12-inch alloy wheels with tubeless tyres, stopped by a 220mm front disc and a combined braking system at the rear. Suspension is handled by a hydraulic telescopic front fork and a five-step adjustable Nitrox gas-emulsion rear unit, with 160mm of ground clearance and a payload rating of 150kg.
The scooter goes on sale in four colourways — Sparkling Wine with Champagne Gold, Terra Green with Champagne Gold, Pearl White and Satin Black — through Bgauss's dealer network across India.

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