Ola Electric, India’s largest pure-play electric vehicle (EV) company, has revealed its February 2025 sales figures. Supported by a robust S1 portfolio and a nationwide sales-and-service network including 4,000 outlets, the company achieved a market share of over 28 percent in February, selling over 25,000 units.

A spokesperson for the company said, “We have successfully maintained a strong sales momentum and leadership position through the month of February. Owing to our wide scooter portfolio across mass and premium segments, and our network of 4,000 stores across India, we are now witnessing a strong uptick in demand beyond urban cities from Tier 3 & 4 towns. With our Roadster X deliveries scheduled next month, we are confident of further accelerating the EV adoption across the 2W category in India.”

The all-new S1 portfolio starts at INR 79,999 for S1 X (2 kWh) and goes up to INR 169,999 for the S1 Pro+ (5.3 kWh). The company also rolled out its MoveOS 5 beta, which unlocks new features including Brake by Wire, Smart Park, DIY ride modes, Bharat Mood and Live Location Sharing.

The Ministry of Heavy Industries (MHI) has issued amendments to the PM Electric Drive Revolution In Innovation Vehicle Enhancement (PM E-DRIVE Scheme) through a notification dated 3 March 2025.

As per the announcement, electric two-wheelers (L1 & L2) and electric three-wheelers (L5, e-rickshaw and E-Cart) in effect from 1 May 2025 will need to localise traction battery pack, which includes cell-to-cell connections, fitment, sensors mounting, BMS and thermal management, among others will need to be domestically performed. The import of battery modules will not be permitted.

Furthermore, EV makers will need to ensure that BMS, DC-DC converter, vehicle control unit (VCU), on-board charger / external portable charger, traction motor, traction motor controller including inverter and instrument cluster are also locally sourced.

In the case of an integrated unit consisting of multiple PMP components, the ministry has ordered testing agencies to carry of verification of compliance for the individual components.

MHI has also notified that e-buses (M2/M3) will need to ensure their HVAC (heating, ventilation and air condition system if fitted) will need to be sourced and fitted domestically in the next six months. Similarly, the electric compressor for the brake, charging inlet CCS2, traction battery pack, DC-DC converter, VCU, traction motor controller, including inverter and instrument cluster, will also have to be sourced domestically in the next six months.

On the other hand, e-bus manufacturers will get 12 months to ensure localisation of BMS.

The government is also going to announce PMP for e-ambulances, e-trucks and other new emerging EV categories separately.

Tata Motors, one of the leading commercial vehicle manufacturers in the country, has commenced its first-ever trials for hydrogen-powered heavy-duty trucks in India.

The pilot scheduled for 24 months will see 16 hydrogen-powered trucks ply across the country in varying configurations and payload capacities. These HD trucks feature Hydrogen Internal Combustion Engines (H2-ICE) and fuel cell (H2-FCEV) technologies with a claimed range of around 300-500 km. The testing will be conducted on popular freight routes around Mumbai, Pune, Delhi-NCR, Vadodara, Jamshedpur and Kalinganagar. This aligns with the country’s vision of achieving net-zero emissions by 2070.

The hydrogen trucks were flagged of by Nitin Gadkari, Union Minister of Road Transport & Highways and Pralhad Joshi, Union Minister of New and Renewable Energy. Girish Wagh, Executive Director, Tata Motors and other delegates from the Government of India and the company were also present at the event.

Nitin Gadkari said, “Hydrogen is the fuel of the future with immense potential to transform India’s transportation sector by reducing emissions and enhancing energy self-reliance. Such Initiatives will accelerate the transition to sustainable mobility in heavy-duty trucking, and move us closer to an efficient, low-carbon future. I congratulate Tata Motors for taking the lead in this significant step towards enabling hydrogen-powered green and smart transportation."

Pralhad Joshi said, “Hydrogen is an important fuel for India's transition to a sustainable and zero-carbon future. The beginning of this trial is a significant step forward in showcasing the potential of green hydrogen in decarbonizing India’s transportation sector. This initiative, part of the National Green Hydrogen Mission, reflects our commitment to driving innovation and achieving India’s energy independence while contributing to global climate goals. I applaud Tata Motors for taking the lead in this pioneering effort.”

Girish Wagh added, “Tata Motors is deeply honoured to be at the forefront of driving India's transformation towards greener, smarter, and sustainable mobility. As a company with a long-standing commitment to nation-building, we have continuously embraced innovation to develop mobility solutions that contribute to India’s growth and development. Today, with the commencement of these hydrogen truck trials, we are proud to further this legacy by pioneering the transition to clean, zero emission energy for long haul transportation. We are grateful to the Government of India for their visionary leadership in making this possible, and we remain committed to playing our part in building sustainable, future ready mobility solutions that will deliver better performance and efficiency." 

Jupiter Electric Mobility (JEM) launched its first electric light commercial vehicle (eLCV), a one-tonne payload truck called TEZ, at an event in Indore, marking its entry into India’s fast-evolving EV logistics space. 

The company, which has previously worked with Tata Motors and Volvo, aims to capitalise on the country’s push for sustainability, efficiency and self-reliance in transportation.

“Electric mobility is no longer an option but an imperative,” said Jupiter Group Managing Director Vivek Lohia, at the launch event. “With rising fuel costs and environmental concerns, this is the right moment to bring fully indigenous, high-performance eLCVs to market.”

The newly unveiled truck promises industry-leading specifications, including a robust electric drivetrain, extended range and smart connectivity features. 

JEM has also committed to rapid product expansion with two- and three-tonne variants expected by the end of the year.

Besides the eLCV, the company also inaugurated it's state-of-the-art manufacturing facility in Prithapur that will serve as the backbone of its electric vehicle production strategy, ensuring high localisation and reduced import dependency. 

Currently, the plant is equipped with a capacity of around 10,000 units a year, which the company plans to increase with demand. 

“We have invested around INR 1.5 billion in the manufacturing unit. Our built-to-suit model ensures these eLCVs are tailored for real-world applications. The focus is on engineering solutions that are not just innovative but also practical and commercially viable,” informed Jupiter Group Deputy Managing Director Vikash Lohia. 

“A vehicle alone cannot drive change. We need a complete ecosystem for seamless adoption,” Vikash emphasised.

The new facility spans 2.5 acres and is equipped with an in-house skateboard platform to vehicle assembly unit, reinforcing JEM’s focus on ground-up manufacturing. 

With a keen focus on durability, JEM’s trucks are designed for high-utilisation applications such as e-commerce, grocery and cement transportation. The vehicles also incorporate advanced remote monitoring and predictive analytics, catering to leasing firms and fleet operators seeking better asset management.

Manufacturing journey 

Speaking at the launch, Jupiter Electric Mobility Director Kartik Hajela informed, " Three years ago, the company set its sights on entering the electric truck segment. The challenge was competing with established players in an industry that has operated for decades. But the company saw electrification as a reset, a new starting point for all. Unlike traditional automotive products that move directly from retail to end-use, EVs demand an ecosystem approach spanning financing, insurance, and charging infrastructure."

"With market readiness still evolving, we took a patient approach, iterating vehicle design multiple times to ensure adaptability across applications. The goal was to create a product that isn’t confined to a single use case. Given that commercial vehicles remain in operation for 10 to 15 years, resale value and versatility were key considerations," he added.

Range anxiety was another major concern. The company engineered its trucks to deliver an on-road range exceeding 190 km with heavy payload capabilities. 

The vehicle’s 265 Nm torque and 80 kW motor enabled it to handle high-load applications. Fast-charging capabilities were also built in, allowing for a 100 km top-up in just one hour. Battery longevity was another strategic bet. 

"While some questioned the company's decision to oversize the battery two years ago, falling costs worked in the our favor. The result is a vehicle offering longer life cycles, fewer charge cycles and sustained reliability," added Hajela. 

The company also identified fleet financing and leasing as a growing market segment. 

"Many last-mile operators, influenced by the gig economy, prefer renting over ownership. To address financiers’ concerns about asset risk, the company developed an in-house telematics platform, integrating sensors to track vehicle wear, overload and driver behavior. This proprietary system offers predictive insights, helping leasing firms manage their fleets more efficiently," said Hajela. 

The company's roadmap focuses on continuous range improvement and deeper integration of smart vehicle monitoring. With a blend of hardware innovation and software intelligence, the company seeks to position itself as a key player in India's evolving commercial EV space.

The company is also expanding its footprint through a state-wise rollout, beginning with key markets such as Bengaluru, Delhi, Hyderabad, Ahmedabad, Mumbai, Kolkata and Chennai. 

Strategic collaborations with partners like Porter, Pulse Energy, Battwheel and Tapfin will further strengthen JEM’s presence in the EV sector.

The vehicle is priced at INR 1,035,000 (ex-showroom). Deliveries are slated to start in March. 

TVS Indeon, a subsidiary of Lucas TVS, has inaugurated its enhanced Battery Pack Production facility at the SIPCOT Industrial Park, Gummidipoondi in Tamil Nadu.

The facility had commenced its operations in 2024, with a production capacity of 1 GWh and a potential to manufacture 1,500 battery packs daily. With the expansion, TVS Indeon plans to further expand production by 1000 packs per day employing over 200 people and commencing second shift operations. The company expects to reach its maximum capacity by March 2026.  

The expansion will support the fast-growing demand for lithium-ion battery packs in the electric vehicle and energy storage space. The company currently supplies battery packs exclusively to TVS Motor Company.

This milestone was launched by D Sneha, I.A.S – Executive Director (SIPCOT, TIDAL, TIDCO) and K N Radhakrishnan, Director & CEO, TVS Motor Company in the presence of T K Balaji, Chairman, TVS Indeon, and Arvind Balaji, Director, TVS Indeon.

"This expansion marks a key step in our journey towards producing affordable e-mobility solutions with improved quality and best-in-class safety. In addition to producing battery packs, TVS Indeon is establishing the groundwork for a more sustainable, greener, and cleaner future. Our commitment extends beyond manufacturing; we also assist women in the workforce, strengthen local communities, and provide employment opportunities. We believe that our efforts will establish a responsible and diversified industrial ecosystem as we scale our capacity,” said Balaji.