Omega Seiki Mobility Signs MoU with Brandwin Group To Distribute Electric Trucks in Bangladesh
- By MT News
- February 21, 2023

Omega Seiki Mobility (OSM) and Brandwin Group signed an MoU to amplify their presence in Bangladesh. Brandwin will be setting up manufacturing and distributing its range of electric trucks, including one tonne and three tonne models of M1KA in the country, as early as 2024. The production line is currently under construction. Initially, the company will be selling Completely Knocked Down (CKD) kits of the M1KA in Bangladesh. With its dynamically growing economy and significant potential on the electric truck market, Bangladesh presents the ideal conditions to further strengthen OSM’s position in the region, the company states. The companies will be making an investment of $10 million. OSM anticipates an initial sales volume of 500 electric trucks per year.
Omega has already set up an electric vehicle manufacturing facility near Dhaka in Bangladesh. The state-of-the-art manufacturing will be operational from April 2023 and will be manufacturing electric three-wheelers for domestic and export markets.
Expanding into Bangladesh, Omega Seiki Mobility claims that it will be to meet the evolving needs of a customer base which is rapidly looking for a sustainable and a zero-emission last-mile transportation solution in the country’s growing market. Omega will be offering an entire range of electric four-wheeler M1KA Trucks exclusively to Brandwin.
Uday Narang, Founder and Chairman, Omega Seiki Mobility, said, “Omega Seiki Mobility, amplifying its electric vehicle business in the Bangladesh market, is the next logical step in our internationalisation strategy. Our high-tech electric trucks offer exactly the current needs of the country, and we will be able to play to our strengths in this highly dynamic market. In addition, the geographical proximity to India provides great synergy effects; as early as 2024, we will be exporting vehicle kits from our Indian plant in Faridabad to Bangladesh, marking a major advancement of our EV MANUFACTURING 2.0 project. The alliance will allow us to expand our partnership to help businesses enhance their profitability who are trying to learn to switch to sustainable last-mile transportation in Bangladesh. This is also a major step in OSM’s attempt to take Indian manufacturing to the global map.”
Ali Haider Ratan, Managing Director and CEO, Brandwin Group of companies, said, “Bangladesh is one of the growing economies of this South Asian region. Its economy is growing at an average six percent per year. The country has now become the second largest economy among the SARC and exports has reached 50 billion dollars. Although the automobile industry of Bangladesh is more developed than before, so far it has not achieved the expected success. Along with the growing GDP of Bangladesh, people’s buying power is increasing gradually. Similarly, people’s lifestyles are changing as well. So, the usage of electric vehicles will rise for sure. One of the major advantages of the electric truck of Omega Seiki Mobility is the quality of the product and its technology. By maintaining high quality and with proper marketing strategies, we believe we can secure a large portion of the market share within the shortest possible time in Bangladesh. It’s a great honour for Brandwin Group to be the local manufacturing partner of Omega Seiki Mobility in Bangladesh.”
- Roy Kurian
- Revolt Motors
- India Yamaha Motor
- Tork Motors
- Ampere Electric Vehicles
- RattanIndia Enterprises
Roy Kurian Joins Revolt Motors As President
- By Nilesh Wadhwa
- October 03, 2025

Two-wheeler industry veteran Roy Kurian has joined Revolt Motors as President. This marks the second innings for Kurian at Revolt Motors; he had previously held a brief stint in January 2023, before joining Montra Electric as its Chief Executive Officer.
Kurian is a seasoned C-suite executive known for his deep expertise in the automotive and mobility sectors, specialising in business turn-arounds and scaling operations, particularly within the electric vehicle (EV) landscape.
He spent over a decade at India Yamaha Motor from 2007 to 2019, growing to the ranks of Senior Vice-President Sales Marketing. He had joined Tork Motors in 2019 spending over a year at the electric motorcycle company before joining Ampere Electric Vehicles as COO and Executive Director Electric Mobility.
In his new role, he will lead RattanIndia Enterprises-led Revolt Motors, which has been focussing on expanding its market share in the electric two-wheeler space.
For CY2025, Revolt MotoCorp has sold around 8,164 electric two-wheelers as compared to 9,955 units in CY2024. At present, Revolt MotoCorp’s product portfolio includes – Revolt RV1, Revolt RV1+, Revolt BlazeX, Revolt RV400BRZ and Revolt RV400 in the electric motorcycle segment.
conventional two-wheeler leadership at a major international brand, followed by a concentrated pivot into high-growth, executive roles across the Indian EV ecosystem, culminating in multiple tenures as CEO and President. He possesses proven skills in executive management (CXO), strategic sales, marketing, and operational leadership.
Refex Mobility Drives Into Delhi NCR To Accelerate Corporate Green Transport
- By MT Bureau
- September 30, 2025

Refex Mobility, the clean mobility arm of the Refex Group, has launched its operations in Delhi NCR, committing to fast-track clean corporate transportation in the region. The launch event was attended by the Union Minister of New and Renewable Energy, Prahlad Joshi, along with other dignitaries.
The company plans to deploy over 400 new four-wheeler clean-fuelled vehicles in Delhi NCR within the next three months, enhancing its presence across India.
Refex Mobility is looking to use its Delhi NCR launch as a springboard to scale into Tier-1 and Tier-2 cities nationwide. The firm currently operates a fleet of over 1,400 all-electric four-wheeler vehicles across Chennai, Bengaluru, Hyderabad and Mumbai, serving more than 70 leading corporates from sectors including BFSI, IT/ITES, e-commerce and telecom. The company, supported by over 200 employees, has already abated 3.5 million kilograms of tailpipe CO2 emissions since its inception.
Union Minister Prahlad Joshi commended the company's initiative, emphasising the need for solar-powered EV fleets: “Under the visionary leadership of Prime Minister Narendra Modi, India is advancing rapidly towards clean energy and sustainable mobility. To truly unlock the promise of electric vehicles and smart energy-efficient transportation, we must ensure they are powered by the sun. I urge corporates to lead the way by adopting solar-based charging for their EV fleets, thereby reducing oil imports, cutting emissions, and building greener, healthier cities in line with their ESG commitment.”
Anil Jain, Chairman & Managing Director, Refex Group, said, "Delhi NCR is not just an expansion for us but it is a commitment to scale. Within a couple of quarters, we will create one of the largest corporate clean-mobility fleets in the region. At Refex, we believe in diversification with responsibility, and Green Mobility is one of the most critical pillars of our sustainability journey."
Anirudh Arun, CEO, Refex Mobility, added, “At Refex Mobility, we are reimagining what reliable and responsible mobility means for India. Our promise is built on three pillars - dependable fleets that corporates can count on, exceptional experiences for every rider, and a deep commitment to sustainability and our driver partners. With our entry into Delhi NCR, we are proud to bring this ethos to the capital, as we continue shaping a cleaner and more trusted future for urban mobility.”
- Yuma Energy
- Battery-as-a-Service
- BaaS
- Hindustan Petroleum Corporation
- HPCL
- battery swapping
- Yuma Stations
Yuma Energy Partners HPCL To Expand EV Battery Swapping Network
- By MT Bureau
- September 30, 2025

Yuma Energy, one of India's fastest-growing Battery-as-a-Service (BaaS) providers, has announced a major partnership with Hindustan Petroleum Corporation (HPCL) to rapidly scale its battery swapping network across the country. HPCL is one of India's largest energy companies, boasting a vast network of over 24,000 retail outlets.
By leveraging HPCL's extensive footprint, Yuma Energy aims to gain a strategic advantage, allowing it to deploy its AI-driven battery swapping stations in high-demand locations – from major metro areas to Tier-2 towns.
This move aims to give riders, delivery fleets and businesses instant and reliable energy access that is as quick as traditional refuelling.
Yuma Energy will use HPCL's retail network to deploy its ‘Yuma Stations’ strategically based on real-time demand. This demand-responsive model ensures that EV users – including e-rickshaw drivers, gig-economy partners, and commuters – are always close to a fully charged battery.
The partnership directly addresses the key challenge of energy network infrastructure that needs to keep pace with India's accelerating EV adoption, particularly in the two- and three-wheeler segments. For HPCL, the alliance allows the company to diversify its business into future-ready energy solutions.
Kinetic Green Launches E-Luna Prime, Targeting India's Commuter Segment
- By MT Bureau
- September 25, 2025

Kinetic Green Energy and Power Solutions has introduced the E-Luna Prime, an electric two-wheeler designed for India's commuter motorcycle market. The new model builds on the success of the E-Luna, which has sold over 25,000 units since its launch.
The E-Luna Prime, the company shared, is engineered to meet the needs of millions of commuters, offering an affordable and practical solution for both urban and rural environments. It features rugged 16-inch alloy wheels, a digital cluster and a spacious front-loading area. The electric two-wheeler is available in two variants with ranges of 110 km and 140 km, prices starting at INR 82,490 (ex-showroom).
According to Kinetic Green, the E-Luna Prime offers significant savings compared to conventional petrol-based motorcycles. The total cost of ownership is estimated at just INR 2,500 per month, which includes the EMI and running expenses. This is a fraction of the estimated INR 7,500 monthly cost for a traditional ICE two-wheeler, potentially saving consumers up to INR 60,000 annually.
Dr Sulajja Firodia Motwani, Founder & CEO, Kinetic Green, said, "We are delighted to unveil the E-Luna Prime, that embodies our commitment to transforming the future of personal mobility in India. Building on the resounding success of our E-Luna series, which has garnered widespread acclaim from thousands of satisfied customers, the E-Luna Prime represents a significant leap forward in our pursuit of innovation and customer-centricity."
Dr. Motwani added that extensive consumer research revealed an opportunity to create "India's most affordable yet aspirational mobility solution for the fastest growing commuter motorcycle segment." She stated, "The E-Luna Prime, with its industry-leading features along with the winning proposition of INR 2,500 monthly ownership cost, exemplifies our commitment to address the evolving and unmet customer needs by leveraging cutting-edge electric vehicle innovations."
The E-Luna Prime is available in six colours and will be sold through Kinetic Green's network of over 300 dealerships across the country.
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