Homegrown electric mobility brand Motovolt launched its multi-utility electric-scooter M7 that will cater to the personal and carbo mobility segments. The multi-utility e-scooter marks the Kolkata-based company's entry into the high-speed electric scooter segment. 

Infused with German technology from eRockit, the M7 sets a new standard for safety, quality, comfort and sustainability. Designed with sustainability at its core, the M7 reduces plastic use, opting for a blend of efficient metals. 

Its modular design aims to enhance travel convenience, featuring an intelligently crafted rear section for carrying loads with ease. The M7's seating is ergonomically designed, supported by a double cradle heavy-duty mild steel frame that accommodates a payload of up to 180 kg ensuring stability and durability.

The 3kWh battery unit comprises advanced LFP cell chemistry, making it durable and safe with over 1,000 charging cycles. It comes encased in aluminium, adhering to AIS 156 standards (IP67), ensuring it is both fire and waterproof. 

With the in-house design and packaging, the battery is portable and can be easily carried and charged anywhere, offering a range of 166 km in IDC mode. The M7L variant is available with a single battery with the option to upgrade to a dual system, managed by a sophisticated battery control system.

The e-scooter also has a sophisticated telematics system, accessible through the Motovolt app, designed to streamline fleet management for businesses. This application offers an array of features such as real-time location tracking through historical ride data, the convenience of over-the-air software updates and predictive analytics for proactive performance management. 

It also sends service reminders and monitors the health of the vehicle to ensure timely maintenance. This comprehensive solution is tailored to improve the efficiency and reliability of business fleets by leveraging advanced features. 

The pillion rider seat can be easily transformed into a cargo carrier through an adjustable cargo box. It is available in six colour namely, Lightning Grey, Galaxy Red, Blue Jay, Dove White, Canary Yellow and Puma Black. 

Promising maximum vehicle uptime, lower total cost of ownership, extended range, and easy access to spare parts, the Motovolt M7 epitomizes hassle-free and cost-effective ownership. 

Speaking at the launch Chief Executive Officer Tushar Choudhary said, “At Motovolt, our mission is to provide an efficient and sustainable commuting alternative. The M7 seamlessly integrates advanced features, providing a personalised and connected experience for our riders. By addressing the unique challenges of urban mobility, we aim to enhance the quality of life and contribute to a cleaner environment.” 

Commenting on collaboration in developing the M7, eRockit Chief Executive Officer, Andreas Zurwehme said, “I am elated to have been involved in the development of the M7 electric scooter. The exchange of technology between our German engineers and their Indian counterparts has been a cornerstone of this project. The outcome is an exceptional product that symbolizes a synergy of versatility, reliability and dedication. I am confident that the M7 will appeal to Indian consumers and deliver a distinctive and gratifying experience on the road. Looking ahead, we are also exploring opportunities to introduce the M7 into European markets, broadening its horizon and potential impact.”

Alluding to how Motovolt is planning to foray into rural areas West Bengal, Choudhury said, “We have stores in Chandannagar, Hooghly and Burdwan. We aim to penetrate more into the tier-II and tier-III cities through our dealership model. Currently, we have a network of six dealers which will be expanded till 30 with H1 FY2025.”

The company has also partnered with Swobbee, a European leader in battery-swapping technology, endowing the M7 with seamless battery swapping capabilities at multiple locations across the country. This convenience is part of the company's future vision to integrate Swobbee’s platform more comprehensively.

The e-scooter was launched with an introductory offer price of INR 1,22,000, with the initial booking amount being INR 999. Bookings are now open through their website www.motovolt.co. The company is also planning to foray into the premium segment soon.     

Digital lending platform Revfin has strengthened its management with the appointment of three senior executives as part of its FY2026 strategy, targeting INR 7.5 billion in disbursements and 5x growth over the past two years. The company also expects to cross INR 20 billion in cumulative disbursements since inception.

The new appointments include Abhinandan Narayan, Chief Business Officer – New Business, Monish Vohra, COO – Operations & Collections and Anirudh Gupta, Chief Finance & Strategy Officer. The appointments the company shared aligns with its focus on ‘People, Process, Profitability.’

Furthermore, Revfin has outlined its ambition to finance 24,000 EVs in FY2026. Till date, it claims to have financed over 85,000 EVs across 25 states, with 75 percent of borrowers from marginalised communities. Cumulatively, its driver partners have covered 1.6 billion electric miles and earned over USD 400 million.

In FY2025, the company grew its L5 EV loan book by 1,700 percent, supported by a partnership with Bajaj Auto and expanded collaborations with logistics firms. The L5 segment remains a key focus as a replacement for ICE vehicles in urban transport.

Sameer Aggarwal, Founder & CEO, Revfin, said, “The last financial year was a volatile one for the EV industry, but the excitement and energy within the sector remain undiminished. At Revfin, we are deeply convinced that intracity and small commercial vehicles must – and will – transition 100 percent to electric within the next three years. The opportunity is here and now. It’s time to set bold targets and pursue hypergrowth over the next two years. At this critical juncture, the right leadership becomes essential to realizing our ambitions. With the strong momentum we’ve already built, we’re confident the journey ahead will be even more rewarding. We’ve entered 2025 with a sharp focus on what truly matters: People, Processes, and Profitability. These latest leadership hires are a natural extension of that focus and our commitment to scale with purpose.”

Ahmedabad-based clean energy company Matter has launched its flagship electric motorcycle – the Aera, in Bengaluru at an introductory price of IRN 179,000 for the first 500 customers, post which it will be available at INR 188,000. The company has started taking pre-registrations for the e-motorcycle at INR 1,999.

Furthermore, the company has also announced that its first Experience Hub will come up at BTM Layout, which will showcase its tech prowess and philosophy firsthand.

The Matter Aera is claimed to be the world's first electric motorcycle with manual gears – 4-speed transmission, 3 ride modes that delivers 12 unique ride combinations. It features a 7-inch Smart Touchscreen Dashboard, onboard charger and liquid cooled powertrain. The e-motorcycle has a claimed IDC range of up to 172km, a zero to 40 kmph in 2.8 seconds, dual disc brakes with ABS, telescopic front fork and dual rear suspension.

Mohal Lalbhai, Founder & Group CEO, Matter Energy, said, “There’s no better city to lead this journey than Bengaluru—where innovation isn’t just an idea, it’s a way of life. Every lane, every rider here resonates with purpose and progress. The Aera isn’t just a bike – it’s the 22nd Century motorbike. It delivers the thrill of a rocket and the practicality your pocket loves. With our in-house developed Hypershift manual gearbox, liquid-cooled powertrain, and connected tech, AERA brings together performance, emotion, and sustainability like never before.”

The Kia EV3 has won the prestigious ‘2025 World Car of the Year’ award at the globally renowned 2025 World Car Awards ceremony, held during the New York International Auto Show (NYIAS).

A jury of 96 distinguished worldwide automotive journalists from 30 nations assessed the 2025 World Car Awards. With the EV3's triumph, Kia has now won six World Car Awards since 2020. The EV3 has a dramatic, forward-thinking design and a creative, useful interior that makes the most of available space, comfort and utility. The EV3 can charge from 10 to 80 percent in 31 minutes and has a segment-leading range of up to 375 miles (around 603 kilometres). While Kia's AI Assistant, advanced driving assistance systems (ADAS) and Over-the-Air (OTA) upgrades improve the ownership experience with cutting-edge technology, the vehicle's creative interior design maximizes room, comfort and accessibility.

Ho Sung Song, President and CEO, Kia, said, “It is an immense honour for everyone at Kia that the EV3 has been awarded the 2025 World Car of the Year title. This award highlights Kia’s global leadership in providing design-led, technologically advanced, sustainable mobility solutions and how the EV3’s class-leading attributes redefine the user experience for customers worldwide.”

The Hyundai INSTER sub-compact EV has won the prestigious 2025 World Electric Vehicle award at the globally renowned 2025 World Car Awards ceremony, held during the New York International Auto Show (NYIAS).

With this recognition, Hyundai Motor Company has dominated one or more World Car Awards categories for the fourth year in a row. Hyundai Motor's commitment to developing EV technology and sustainability is highlighted by the 2025 World Electric Vehicle award, which also acknowledges INSTER's exceptional value in the EV market. The finalists were chosen by a sealed-ballot jury consisting of 96 international automotive journalists from 30 different countries. On 16 April 2025, the winners were revealed at the 2025 NYIAS. With its unique design, remarkable driving range and state-of-the-art technology, INSTER is the market leader in the sub-compact EV sector. A 10- to 80-percent charge can be made in around 30 minutes thanks to INSTER's quick charging technology, and the 49-kWh long-range variant has a range of up to 370 kilometres.

José Muñoz, President and CEO, Hyundai Motor Company, said, “The Hyundai INSTER has been a winner with customers since we introduced it. It’s very gratifying that the experts on the prestigious World Car Awards jurors feel the same way. The combination of compelling design, range, enjoyable driving characteristics, intuitive infotainment and technology that customers appreciate is emblematic of Hyundai’s approach of delivering exceptional value to our customers. The fact that our global portfolio is successful both commercially and critically speaks to the hard-working people throughout the Hyundai value chain who are delivering some of the best vehicles on the road today. Thank you to all the jurors for your service to this great industry.”