Kia India has launched the Syros EV, it’s first mass-market electric vehicle offering at prices starting INR 1.34 million (ex-showroom) for the 42 kW variant and INR 1.69 million (ex-showroom) for the 51.4 kW Extended Range variant. The EV goes on sale at dealerships nationwide starting 30 July 2026.

The Syros EV is offered with two battery options: a 51.4 kWh battery delivering an ARAI-certified range of 526 km and a 42 kWh battery offering 443 km of range. It features DC fast charging from 10 to 80 percent in a claimed 39 minutes.

Ownership programmes include an Assured Buyback programme offering up to 80 percent resale value after three years, a Battery-as-a-Service programme starting at INR 799,000 with battery EMIs starting at INR 3.3 per kilometre and a lifetime high-voltage battery warranty of 15 years with unlimited kilometres.

Gwanggu Lee, Managing Director and CEO, Kia India, said, "At Kia, every product begins with one question, how can we create greater value for our customers? The Syros EV answers that by making electric mobility more accessible, without compromise. Beyond an attractive price point, we've built one of the industry's most confident ownership propositions with an Assured Buyback programme offering up to 80 percent resale-value, the best in India today, alongside BaaS enabling one of the most accessible entry points into EV ownership; and a Lifetime Battery Warranty delivering long-term battery confidence, addressing the key concerns that continue to influence EV adoption. Combined with segment-leading range of 526 km and 171 PS performance, advanced technology and Kia's growing EV ecosystem, the Syros EV represents our commitment to accelerating India's transition towards sustainable mobility while keeping customer needs at the heart of every decision."

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Mumbai-headquartered Meta Materials Circular Markets (MMCM), a circular economy solutions platform, has appointed Prasad S Shetty as its new Chief Financial Officer. The appointment comes as the company expands its operations across carbon credits, Extended Producer Responsibility (EPR) frameworks and digital Measurement, Reporting & Verification (MRV) systems.

Shetty is a Chartered Accountant with over 13 years of experience in finance, strategy, taxation and governance. Prior to joining MMCM, he served as Associate Director – Finance at Freight Tiger, a logistics technology company backed by Tata Motors. His previous career history includes roles at BARC India, where he managed taxation, reporting and audits, and Allcargo Logistics, where he oversaw group-wide GST implementation. In his new role, Shetty will oversee the finance function, driving financial direction and governance structures.

Nitin Chitkara, CEO, Meta Materials Circular Markets, said, “As India's circular economy and carbon markets ecosystem enters a more active and consequential phase, it is critical that we build a leadership team equipped to match that momentum. Prasad brings deep financial and governance expertise across high-growth, complex businesses, and his experience will be invaluable as we scale our operations, strengthen our financial discipline and continue building credible, high-integrity market infrastructure. This appointment is an important step in future-proofing our leadership as we prepare for our next phase of growth.”

Prasad S Shetty added, “I am excited to join MMCM at a pivotal time for India's circular economy and carbon markets. The opportunity to build robust financial foundations for a company that sits at the intersection of sustainability and innovation is one I am truly looking forward to. I look forward to working closely with the leadership team to drive financial discipline, strengthen governance and partner across the business to support MMCM's long-term growth and value creation.”

At present, Meta Materials Circular Markets provides data platform services for the automotive sector, integrating carbon credits, EPR frameworks and digital MRV systems to support sustainable material recovery.

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BGauss has introduced the Oowah, a new electric scooter engineered for India’s emerging generation of first-time EV buyers. Marking the company’s inaugural entry into the EV Pop scooter category, the vehicle blends practical urban commuting with a distinctive, expressive design philosophy tailored to the contemporary Indian rider.

The scooter is powered by a 3.0 kWh removable Lithium Iron Phosphate battery, which facilitates convenient indoor charging for owners without dedicated home infrastructure. Achieving an ARAI-certified range of 145 kilometres, the Oowah is available in four bold colour options – Emerald Shadow, Jamun Punch, Zesty Red and Tangy Toma – and is engineered to balance reliable performance with a striking aesthetic.

Everyday usability has been prioritised through the integration of several rider-centric features. These include reverse assist for effortless parking, a distance-to-empty indicator for journey planning and a side stand sensor to enhance safety. Additional amenities such as USB charging, full LED lighting and generous under-seat storage are intended to make electric mobility more intuitive and convenient for daily use.

This launch coincides with a significant growth phase in India’s electric two-wheeler market, which recorded over 1.11-million-unit sales in early 2026 and surpassed 11 percent monthly penetration. While current offerings are largely premium or value-focused, BGauss identifies an emerging category centred on design and self-expression. The Oowah represents the brand’s strategic expansion beyond its existing commuter models, directly targeting youthful buyers and first-time owners as the market evolves towards mainstream, high-volume demand.

Hemant Kabra, Founder, BGauss, said, “The Indian two-wheeler buyer is changing faster than most product portfolios have kept pace with. Gen Z wants products that are expressive, contemporary and enjoyable to own. With Oowah, we are introducing a new category that blends bold design with trusted electric mobility. It is a scooter that reflects individuality while delivering the reliability and practicality that riders expect from BGauss.”

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Indofast Energy, India’s leading battery-swapping solutions provider, has entered a strategic collaboration with GLIDA, a major public EV charging infrastructure firm formerly known as Fortum Charge & Drive India. The agreement involves situating Indofast’s Quick Interchange Stations at existing GLIDA sites nationwide, effectively merging swap and charge capabilities into unified energy hubs for diverse electric vehicles.

The initial rollout includes 10 stations across Chennai, Bengaluru and Hyderabad, with ambitious plans to expand to 50 locations and over 100 swapping points within the next year. By combining GLIDA’s established power infrastructure and prime site network with Indofast’s advanced swapping technology, the initiative aims to offer fleet operators and delivery riders seamless, rapid turnaround services, thereby maximising vehicle uptime and accelerating the deployment of Indofast’s Battery-as-a-Service model in busy markets.

This alliance reinforces Indofast’s role in sustainable urban transit, complementing its existing footprint of more than 1,900 stations across 24 cities. The growing network has already facilitated over two billion kilometres of emission-free travel, underscoring the company’s commitment to expanding clean mobility through partnerships with OEMs, fleet operators and infrastructure providers.

Subhash Bhat, Interim CEO, Indofast Energy, said, "Our partnership with GLIDA enables us to rapidly expand our Battery-as-a-Service network by leveraging well-connected, power-ready sites that can be quickly activated for battery swapping operations. This collaboration is about bringing our quick, reliable swapping experience to more riders where they need it most – at accessible, high-utilisation locations across key markets. As we aim to scale to 100+ Quick Interchange Stations across 50 sites within the next year, we are strengthening the energy infrastructure that India's growing electric mobility ecosystem demands. Every new deployment brings us closer to our mission of making battery swapping the most accessible, productive and sustainable energy choice for EV users across the country.”

Deepak Paliwal, Managing Director & CEO, GLIDA, said, "At GLIDA, our mission has always been to deliver advanced, highly reliable and seamless charging solutions that cater to the evolving needs of the EV ecosystem. Over the last decade, we have learned that the hard part is not the technology, it is the site: land in the right location, dependable grid connectivity and operations that run reliably every day. Our charging station locations especially hubs have room for doing more for the benefit of ecosystem. This partnership with Indofast Energy allows us to display future-ready mobility infrastructure where high-power charging and rapid battery swapping coexist to serve different vehicle categories from a single location. This is how we could electrify more vehicles per square foot of urban India, and how we build a more efficient, inclusive and decarbonised transit system.”

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Amara Raja Energy and Mobility (ARE&M), a comprehensive energy solutions provider, has announced its financial results for Q1 FY2027. The company’s revenue grew 21 percent to INR 40.41 billion, as compared to INR 33.50 billion a year ago.

The profit before tax came at INR 2.72 billion, up 4 percent YoY, as against INR 2.61 billion last year.

Harshavardhana Gourineni, Executive Director-Automotive and Industrial, Amara Raja Energy and Mobility, said, “We have begun FY27 on a strong note, with broad-based growth across all segments. The Automotive domestic business revenue grew over 20 percent YoY on the back of healthy OEM demand and double-digit growth in the aftermarket. Home Energy grew over 30 percent YoY, supported by a strong summer season, while the Industrial Battery business sustained momentum with UPS segment recording double digit revenue growth.”

He further stated that the company’s international business faced headwinds due to geopolitical situation and shifting trade dynamics.  “We are actively recalibrating our market and channel mix to build a more resilient export franchise," he said.

Vikramadithya Gourineni, Executive Director - New Energy Business, Amara Raja Energy and Mobility, added, "Strong growth in the stationary storage segment drove our volume performance during the quarter. We are steadily transforming into a fully integrated new energy company, with capabilities now spanning the entire value chain-from advanced cells and battery packs to chargers, power conversion technologies and energy storage systems; creating a strong platform for long-term growth."

Jayadev Galla, Chairman and Managing Director, Amara Raja Energy and Mobility, said, "Our Q1 performance demonstrates the strength of our diversified business portfolio and the resilience of our operating model. As India accelerates its transition towards a more energy-secure and self-reliant future, we continue to invest with conviction in technologies and capabilities that will define the next phase of growth. The commissioning of our Customer Qualification Plant and the steady progress of our Battery Energy Storage Systems facility and Giga Factory reinforce our commitment to building a globally competitive energy and mobility enterprise while creating sustained value for all our stakeholders."

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