Kinetic Green And Aima To Co-Develop Electric Two-Wheelers

Kinetic Green And Aima To Co-Develop Electric Two-Wheelers

Kinetic Green & Power Solutions, one of India’s leading EV companies, has partnered with global electric vehicle company Aima Technology Group to co-develop electric two-wheelers for the Indian market.

The two companies plan to launch at least three models jointly during 2022–23 in the country, including Aima’s latest advanced high-speed scooter platform. Aima Technology, listed on the Shanghai Exchange, has a presence in 87 countries. It has sold more than 50,000,000 electric two-wheeler units and boasts over 1000 models in its product portfolio, covering electric two-wheelers, electric three-wheelers and electric four-wheelers.

Kinetic Green, set up in 2015, which makes electric three-wheelers, has started selling electric two-wheelers since early 2021. According to a statement by the company, through this partnership, Kinetic plans to aggressively scale up its electric two-wheeler business and expand capacity to 5,00,000 units a year in the next two years.

Sulajja Firodia Motwani, Founder and CEO, Kinetic Green, said, “Kinetic Green’s vision is to bring a wide range of advanced, innovative yet affordable electric vehicles to the Indian mass market. We are delighted to partner with the world’s largest and leading EV player, Aima, and are looking forward to working together with them. Together, we will bring advanced EV technology to India and create maximum social impact by bringing these innovative products within reach of our large population, just like the impact made by our Kinetic Luna or Kinetic Honda earlier. We are also committed to building a strong EV eco-system together including local supply chain, and convenience of fast charging, battery swapping, long-range EVs to popularise this technology across the length and breadth of India.”

Su Yuhang, President, Aima Technology Group, said, “Aima has witnessed India’s great potential in green mobility, particularly in the year of 2021, fuelled by FAME II incentive policies, the yoy E2W growth of 631 percent, again showcased India’s resource endowment and competing advantage in private transportation industry. India will always be Aima’s strategic priority for global investment to cater to green and smart mobility needs. We are pleased to join hands with Kinetic Green, as KG has proved themselves to be the pioneers in India’s automobile industry, with good track record of Joint Venture with international brands. Together with Ms Sulajja Firodia’s entrepreneurship and their talent pool, we believe that we can co-develop the first class product for India customers, and through localisation, we can gain competing advantage and become the market leading force.” (MT)

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    JSW Group Commits INR 3,000 Billion Investment In Maharashtra

    JSW Group Commits INR 3,000 Billion Investment In Maharashtra

    JSW Group has taken a significant step towards industrial growth and sustainable development by signing a Memorandum of Understanding (MoU) with the Government of Maharashtra. The agreement, announced at the World Economic Forum (WEF) in Davos, outlines a massive investment of INR 3,000 billion in key sectors across the state including electric vehicles (EV).

    This ambitious partnership reinforces Maharashtra’s position as India’s leading industrial hub. The investment will target critical sectors such as steel manufacturing, renewable energy, electric vehicles, lithium-ion batteries, solar wafer and cell modules and infrastructure and cement. The steel sector will see an expansion of manufacturing capacities using clean, green technology, while renewable energy projects will pioneer advancements towards a sustainable future.

    The EV segment will benefit from advanced manufacturing facilities for new-age electric vehicles and high-performance lithium-ion batteries, bolstering India’s EV ecosystem. Additionally, the solar energy ecosystem will be strengthened with new facilities for solar wafers and cell modules, alongside infrastructure and cement projects to drive Maharashtra’s transformation.

    This strategic initiative is expected to generate thousands of jobs, boost industrial capabilities and contribute to sustainable economic growth. Under the MoU, the Maharashtra government will facilitate the investment by fast-tracking approvals, providing fiscal incentives and ensuring essential resources such as land, water, power and infrastructure in line with state policies.

    Speaking on the occasion, Chief Minister of Maharashtra Devendra Fadnavis said, “Signing of an MoU with JSW Steel, a company with diverse investments across key sectors such as steel, solar, auto, and cement in Maharashtra, is a significant step in fulfilling our vision to developing Gadchiroli as the ‘steel city’ of India. JSW’s continued commitment to Maharashtra, including their focus on electric vehicles and sustainability, is a clear testament to their confidence in our state’s potential. I am confident that this collaboration will further strengthen Maharashtra’s position as an industrial and economic powerhouse, driving innovation, job creation, and long-term prosperity for our people.”

    Alluding to the development, JSW Group Chairman Sajjan Jindal said, “This MoU reflects our unwavering commitment to Maharashtra, a state that has been pivotal to JSW Group’s journey of growth and innovation. Through this partnership, we take another step towards Hon'ble Prime Minister Narendra Modi Ji's vision of Clean and Green Bharat. This investment will not only boost industrial development but also drive India’s green transition with sustainable technologies, clean mobility and renewable energy solutions. We are deeply grateful to the Government of Maharashtra, led by Honorable Chief Minister Shri Devendra Fadnavis, for their visionary approach and industry-friendly policies, which make transformative initiatives like these possible.”

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      Urja Mobility Rolls Out B2C Battery Leasing Programme Across 10 Cities

      Urja Mobility Rolls Out B2C Battery Leasing Programme Across 10 Cities

      Leading electric vehicle (EV) solutions provider Urja Mobility has announced the launch of its B2C battery leasing programme, which will target e-rickshaw drivers in 10 strategically selected cities. The programme aims to address the financial challenges associated with battery ownership by converting high upfront costs into affordable monthly payments and is consistent with India's wider electric mobility and environmental aims, notably the goal of fully electrifying commercial three-wheelers by 2030.

      In order to provide drivers access to better Lithium-Ion batteries – which have longer life cycles, need less maintenance and have better thermal performance than conventional Lead Acid options – the business has launched a ‘Smart Opex Model’ as part of the initiative. Over a period of 12 to 24 months, drivers must pay a monthly leasing amount. The driver receives ownership of the battery at the conclusion of the lease, giving them a dependable energy source for more than five years. Drivers will also have access to digital tools that streamline the management process by offering real-time information regarding leasing data and battery performance.

      Agra, Lucknow, Ayodhya, Varanasi, Kanpur, Prayagraj, Siliguri, Guwahati, Bhubaneswar and Puri are the 10 cities that are part of the first phase. These areas were chosen to allow drivers to optimise asset utilisation due to their high rates of EV adoption and substantial tourist traffic. Urja Mobility intends to inform consumers about the advantages of moving to lithium-ion batteries in order to achieve its ambitious target of onboarding 50,000 e-rickshaw drivers. This programme highlights the long-term financial and environmental benefits of implementing contemporary battery technology, while more than 75 percent of the market is still dependent on lead acid solutions.

      In order to guarantee smooth operations, Urja Mobility has set up service facilities in each of these locations. These centres offer end-to-end assistance, which includes installation, maintenance and troubleshooting, and ensures that vehicles are operational for at least 26 days a month. Smart, technologically enhanced batteries with sophisticated Battery Management Systems will also help drivers. This system ensures dependability and safety by monitoring battery health, anticipating any problems, and maintaining peak performance via the use of data analytics and artificial intelligence.

      Pankaj Chopra, Founder and CEO, Urja Mobility, said, "This initiative represents a significant step forward in making electric mobility accessible and affordable for e-rickshaw drivers. By providing a cost-effective, reliable and sustainable battery solution, we aim to empower drivers and contribute to India’s vision for a greener future."

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        GreenCell Mobility Deploys 200 E-Buses To Serve Maha Kumbh Mela Devotees

        GreenCell Mobility Deploys 200 E-Buses To Serve Maha Kumbh Mela Devotees

        GreenCell Mobility, India’s leading provider of electric mass mobility solutions, has deployed 200 electric buses to serve pilgrims at the Maha Kumbh Mela 2025, the world's largest spiritual gathering, held in Prayagraj.

        The Maha Kumbh Mela, which runs from 13 January to 26 February 2025, will use 200 electric buses, demonstrating the growing versatility and effectiveness of electric vehicles in meeting extensive public transportation demands. It also emphasises GreenCell Mobility's steadfast dedication to environmentally responsible and sustainable transportation options. In addition to providing for the mobility needs of the millions of devotees who attend this sacred event, this project is expected to prevent thousands of tonnes of tailpipe emissions and drastically cut carbon emissions during Maha Kumbh Mela 2025, resulting in a cleaner, greener environment.

        Devndra Chawla, MD &CEO of GreenCell Mobility, stated, "We are honoured to contribute to the Maha Kumbh Mela in Prayagraj, one of the world's largest and most revered spiritual gatherings. At GreenCell Mobility, our vision is to seamlessly integrate sustainability with public transportation. The deployment of 200 electric buses to serve millions of devotees goes beyond enhancing mobility – it reflects our unwavering commitment to building a sustainable future. We are proud to support this sacred event and play a role in making it an environmentally responsible celebration."

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          BGauss Hosts Maha Loan Exchange Mela In Maharashtra’s Satara

          BGauss Hosts Maha Loan Exchange Mela In Maharashtra’s Satara

          RR Global’s BGauss is holding a Maha Loan Exchange Mela in Satara to make electric vehicles (EVs) more accessible and affordable for the locals.

          The event is hosted by Ram Auto Satara at Nagarpalika Samor, Kesarkar Peth, Satara – 415001 from 18 to 22 January 2025. As part of the event, customers can trade in their old electric or petrol vehicle for an exchange value of up to INR 50,000. The event will also be held at Hutatma Smarak, Near Wai Court, Wai – 412803 from 23 to 26 January 2025. Additionally, customers can also enjoy a flat INR 10,000 discount on the RUV350 full metal body EV Scooter as part of the company’s Republic Day Special Offer. This exclusive offer is valid until 26 January 2025.

          Hemant Kabra, Founder and Managing Director, BGauss, said, “We are excited to host the Maha Loan Exchange Mela and provide residents of Satara with an excellent opportunity to transition to smarter and more eco-friendly modes of transport. With enticing exchange values and special Republic Day discounts, we aim to make electric mobility a viable and attractive choice for our customers.”

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