INR 6.3 Million Cash Prizes Awarded to iCreate EVangelise’22 Winners
- By MT News
- December 22, 2022

iCreate (International Centre for Entrepreneurship and Technology), an innovation-based start-up incubator, announced the winners of the EVangelise ’22 on Wednesday. This was the second edition of EVangelise, an EV innovation challenge. iCreate states that the aim of EVangelise’22 has been to put India on the global EV innovation map by identifying clean, low cost, innovative technologies that solve the industry's critical problems. It took place over six months, during which start-ups and EV innovators from 23 states and UTs showcased their solutions for real-life challenges in the EV industry under three themes – vehicle traction, energy storage and vehicle infrastructure.
iCreate claims that upon technical evaluation, market relevance and implementation strategies, Gyrodrive Machineries, C Electric Automotive Drives and Fasmho Energy Systems were awarded the top three positions in the TRL>4 category, respectively. Cancrie, Vijigi Energy and INTAKT EV Hybrids bagged the top three positions in the TRL<4 category, respectively, states iCreate.
Commenting on the achievement, Eshan Dhar, CTO of Gyrodrive Machineries and the winner of EVangelise’ 22, said, “We are overwhelmed to be chosen as the winner of EVangelise’22. We believe that our innovation on magnet-free switched reluctance motors will be the future of the EV industry. This eliminates the need for rare earth materials that are detrimental to the environment and make India Atmanirbhar, as these motors can be manufactured domestically. I express my heartfelt gratitude to the iCreate team for mentoring us throughout the challenge and giving us a platform to showcase our innovation to some of the best minds in the industry. EVangelise’22 has proved to be a launchpad for aspiring entrepreneurs like us, and moving forward, we hope to work with the team at iCreate more closely to co-create solutions for the EV industry.”
Ratheesh Nair, CTO of C Electric Automotive Drives, the second-place winner of EVangelise’ 22, stated, “We are thrilled on being awarded the second position at EVangelise’22. Our innovation on indigenous electric drive components enables Indian electric vehicle makers to customise their motor controllers as per their requirements, while also reducing costs by 40 percent. EVanglise’22 has been instrumental in showcasing this to top industry leaders, and we have already received multiple orders. Advanced discussions with some more manufacturers are on.”
Six winners across two categories – TRL> 4 and TRL<4 – received cash prizes of INR one million, INR 0.75 million and INR 0.5 million, respectively. Six consolation prizes worth INR 0.3 million were also awarded, according to iCreate. The top three winners with TRL>4 also received INR 5 million as incubation support, subject to agreed terms and conditions to each to take their ideas to market.
Congratulating the winners, Avinash Punekar, CEO of iCreate, said, “Having completed two successful editions, EVangelise has grown to become India’s largest and most awaited EV innovation challenge for innovators and start-ups. The enthusiastic response received for EVangelise’22 from industry leaders, such as Dr Piyush Desai, Co-founder and Vice President, Turntide Technologies; Chintan Vaishnav, Mission Director, Atal Innovation Mission, Chair Startup 20 Engagement Group; and Srinivas Kudligi, GM, Aditya Auto Products And Engineering, highlights the potential of Indian innovators in solving pressing challenges for the global EV industry. We, at iCreate, are proud to partner with them in their journey and position India as a knowledge superpower in the EV space. I congratulate the winners of EVangelise’22 and look forward to working together to take their solutions to market.”
As per iCreate, EVangelise’22 has seen participation from 1,160 participants, including students, individual innovators, researchers and institutions, who have created promising solutions in the areas of battery safety and EV infrastructure. During the course of the bootcamp and the finale, innovators pitched directly to industry leaders and explored strategic partnerships. Industry leaders who supported, engaged and provided guidance to the innovators at the EV innovation challenge included BPCL, Mahindra Logistics, Tata Stryder, JOY ebike, Turntide Technologies and Rotomag to name a few, according to the start-up incubator.
iCreate claims that the finale also saw distinguished speakers share insights and learnings with the innovators. The speakers included Chetan Maini, Co-Founder of Sun Mobility; Dr Piyush Desai, Co-Founder of Turntide Technologies; Chintan Vaishnav, Mission Director, Atal Innovation Mission and Chair of the Startup 20 Engagement Group; and H K Mittal, Chairman, Startup India Seed Fund Committee.
Bajaj Auto Launches Chetak 3001 E-Scooter At INR 99,990
- By MT Bureau
- June 17, 2025

Bajaj Auto, the world's leading two and three-wheeler manufacturer, today announced the launch of the Chetak 3001, an advanced iteration of its popular Chetak 2903 electric scooter at INR 99,990. Built on the same cutting-edge EV platform as the highly successful Chetak 35 Series, the new Chetak 3001 boasts floorboard-mounted 3.0 kWh batteries, promising an enhanced riding experience with improved stability, increased storage and extended range.
Designed for Real Life: Key Innovations
The Chetak 3001 introduces several significant upgrades aimed at the everyday Indian rider:
- New Floorboard Battery Architecture: This design offers superior stability, more foot room and a lower centre of gravity for a more comfortable and mature ride.
- Class-Leading 127 KM Range: Certified for extensive distances, making it ideal for daily commutes and weekend excursions.
- Massive 35L Boot Space: Ample storage for essentials, from helmets to shopping bags.
- Rapid Charging: A 750W charger enables zero to 80 percent charge in just 3 hours 50 minutes, positioning it among the fastest in its category.
The Chetak 3001 integrates optional TecPac Features for a smarter ride, including call accept/reject, music control, Guide Me Home lights, Hill Hold Assist, reverse light and auto-flashing stop lamp.
True to Bajaj's legacy, the Chetak 3001 is engineered for durability and the diverse Indian conditions:
- Solid Steel Metal Body: The only metal-bodied EV in its class, ensuring robustness.
- IP67 Rated Water Resistance: Providing protection against monsoon rains and splashes.
- Trusted Heritage: Manufactured by Bajaj Auto, backed by a legacy of quality and a vast network of over 3,800 service centres across India.
Eric Vas, President, Urbanite Business Unit, Bajaj Auto, said, "Chetak 3001 sets the benchmark for mass adoption of electric scooters. Built on the next-generation platform, it delivers the range and performance that Indian scooter riders demand – distraction-free riding with the peace of mind of assured reliability and service. The Chetak 3001 is the everyday electric scooter to make petrol scooters redundant; its bigger, stronger and fully Lifeproof at an ex-showroom price of INR 99,990."
Riding on a wave of innovation, Bajaj's Chetak series concluded Q4 FY2025 Q4 as India's top-selling electric scooter. The 35 Series, spearheaded by models like the 3501 and 3502, has already redefined the EV landscape. The Chetak 3001 is set to continue this momentum, embodying a blend of advanced technology and the brand's enduring heritage.
- Ultraviolette Automotive
- F77 Mach 2
- F77
- F77 Superstreet
- Narayan Subramaniam
- Niraj Rajmohan
- Bosch
- Violette A.I.
Ultraviolette Expands European Presence With Launch of F77 Motorcycles In Paris
- By MT Bureau
- June 16, 2025
Bengaluru-based electric vehicle manufacturer Ultraviolette Automotive has made a striking statement today with the European launch of its flagship performance motorcycles, the F77 Mach 2 and F77 SuperStreet, at a special event held in front of the Eiffel Tower. This move into the French market, following a successful debut in Germany, underscores Ultraviolette's ambitious drive to become a significant global player in the electric vehicle segment. With this the EV maker has established its presence in 10 European countries such as Germany, France, UK, Ireland, Austria, Italy, Switzerland, Belgium, Netherlands and Luxembourg.
The F77 Mach 2 boasts a race-bred design, promising a dynamic and aggressive ride, while the F77 SuperStreet offers a more upright posture and refined ergonomics, prioritizing rider comfort without sacrificing performance.
Narayan Subramaniam, CEO & Co-Founder, Ultraviolette, said, “The launch of the F77 in Germany, France, the UK and other European countries is a defining moment for Ultraviolette and a landmark achievement for India’s automobile landscape. This launch signifies Ultraviolette’s entry into Europe’s most influential two-wheeler markets and underlines our intent to be a global force in the electric mobility revolution. As an Indian company, we are proud to bring futuristic design and cutting-edge technology to the world. This is a moment of global recognition for the talent and capability within India’s engineering and manufacturing ecosystem. Through our strategic distributor partnerships, we are not only expanding into Europe but also delivering a world-class ownership experience that reflects the best of what India has to offer.”
Both F77 models are capable of accelerating from 0 to 60 kmph in a mere 2.8 seconds. Powered by a 10.3 kWh battery pack, they deliver a peak power output of 30 kW and a staggering 100 Nm of torque, enabling swift acceleration and agile handling with a top speed of 155 km/h. These advanced motorcycles are equipped with Ultraviolette’s proprietary artificial intelligence system, Violette A.I., and industry-leading switchable Dual-Channel ABS developed by Bosch. Further enhancing the riding experience are features like 10 levels of Regenerative Braking, 4 levels of Traction Control and Dynamic Stability Control.
Niraj Rajmohan, CTO & Co-founder of Ultraviolette, added “This isn’t just the introduction of motorcycles into new markets, it’s the global unveiling of years of relentless research, engineering, and innovation, born in India. We set out with a bold ambition to build the most advanced electric motorcycle in the world. Today, we are delivering that vision to international customers. The F77 is the result of deep in-house R&D, rigorous testing, and an unwavering commitment to pushing the boundaries of performance, innovation, safety, and design. For India, this milestone represents not just our ability to participate in the global EV transition, but to lead it with technology that competes at the highest level."
To celebrate the European launch, Ultraviolette is offering a special introductory price for all pre-bookings made up to 31 July 31 2025. The F77 Mach 2 will be available starting at EUR 8,990 (regular price: EUR 9,990), and the F77 SuperStreet will be priced from EUR 9,290 (regular price: EUR 10,390).
Jupiter Electric Mobility Launches First Showroom in Bengaluru, Unveils JEM Tez e-LCV
- By MT Bureau
- June 12, 2025

Jupiter Electric Mobility (JEM), the electric commercial vehicle arm of Jupiter Wagons, has opened its first showroom in Jayanagar, Bengaluru, marking the regional debut of its flagship electric light commercial vehicle (eLCV), the JEM Tez.
Strategically positioned in one of India’s leading urban logistics hubs, the new facility is designed as a comprehensive experience centre offering sales consultations, test drives, service support and financing options. JEM also operates a dedicated service hub in Devanahalli to support its growing customer base in the region.
The JEM Tez is built to meet the demands of last-mile delivery and intra-city freight movement. It features a certified range of over 190 km, an 80 kW peak motor, 23 percent gradeability and a 1.05-ton payload capacity.
The showroom was inaugurated by Shivanand Kalakeri, IRS, Commissioner of Income Tax (DR), with key members of JEM's leadership present, including Gaurav Jalota, CEO, and Kartik Hajela, CEO of the Battery Division.
Vivek Lohia, Managing Director, Jupiter Group, said, “The inauguration of our first showroom in Bengaluru is a key step in our national rollout strategy. Bengaluru’s thriving logistics ecosystem and growing EV adoption make it the ideal launchpad for the JEM Tez.”
JEM is also actively investing in a full-scale EV ecosystem, partnering with firms such as Porter, Pulse Energy and Automovill to build infrastructure for charging, financing and aftersales support. Through its JEM Udaan programme, the company offers business support to JEM Tez owners.
The launch follows the recent commissioning of JEM’s 2.5-acre manufacturing plant in Pithampur, Indore, which has a capacity of 8,000–10,000 e-LCVs annually, with plans for expansion.
As part of its nationwide growth plan, JEM aims to expand into key EV markets, including Delhi, Hyderabad, Mumbai, Ahmedabad, Kolkata and Chennai, further expanding its share in India’s last-mile electric mobility sector.
Jassper Shipping Leads India's $15 Billion Last-Mile Delivery Sector With EV-Led Logistics
- By MT Bureau
- June 12, 2025

India's USD 15 billion last-mile delivery sector, under pressure from e-commerce growth and urbanisation, is witnessing a green transformation. Jassper Shipping is emerging as a key player in this shift by making electric vehicles the cornerstone of its logistics operations. With 58 EVs already deployed and plans to expand to 150 within six months, the company is building a sustainable delivery network while creating better opportunities for its workforce.
The move comes as India accelerates its EV adoption, with 1.67 million electric vehicles sold in 2023-24, including 3,700 electric buses. Government initiatives like FAME-II's INR 11,500 crore subsidy and INR 800 crore for charging infrastructure further underscore this transition. Jassper's EV-first model delivers triple benefits: reduced carbon emissions, lower operational costs and maintained service excellence.
Unlike traditional logistics firms retrofitting existing fleets, Jassper has built its operations ground-up around electric mobility. The company collaborates with charging infrastructure providers and offers comprehensive EV training to delivery agents. Its unique approach addresses critical industry gaps by providing health/life insurance and competitive pay to gig workers – a rarity in India's logistics sector.
While competing with established players like Delhivery and Ecom Express, Jassper differentiates itself through its ESG-aligned strategy. The company plans to onboard 1,500 delivery partners across Tier 1 and 2 cities, combining environmental responsibility with social impact.
Pushpank Kaushik, CEO & Head of Business Development (Subcontinent, Middle East and Southeast Asia), Jassper Shipping, said, “At Jassper, our electric vehicle (EV) strategy is not just about cutting costs – it’s about driving sustainability and empowering our delivery partners. EVs are a core part of our long-term vision to reduce our carbon footprint, manage fuel cost fluctuations and improve partner profitability through lower operating expenses. As a part of our commitment to inclusive growth and sustainable logistics, we are creating job opportunities by aiming to onboard 1,500 new last-mile delivery partners across India over the next five years. This expansion will enhance our logistics network and help create more sustainable livelihoods. By focusing on efficiency, reach and reliability, we are building a delivery ecosystem that benefits both our partners and our customers.”
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