Omega Seiki Mobility (OSM) and Creativity at Best Technologies Pvt Ltd (CABT), today, announced a strategic partnership for leasing 500 Omega Seiki Mobility electric three-wheelers to CABT. OSM is an Anglian Omega Group Company, while CABT is a technology-driven logistics service provider.

OSM claims that both the companies will expand this partnership to lease 1,500 electric vehicles by the end of 2025. Through this deal, OSM electric fleet will support the CABT growing customer base during a time when people continue to rely on receiving items they need quickly at their doorstep.

With this flag off, CABT will enable fulfillment supports for e-commerce, B2B and B2C clients across a diverse range of industries, as per the logistics service provider company. It intends to ease the logistical bottlenecks in electric mobility, and provide integrated solutions for the last mile distribution services. The company also states that it aims to have at least 200 EVs by the end of 2022, and this partnership with OSM will help in meeting the desired target.

CABT states that the last mile logistics sector in the e-commerce industry is anticipated to increase by nine times to $5.23 billion in India in 2025. For small loads, three-wheeler goods vehicles are fast becoming a preferred choice for last mile delivery. Buoyed by this demand, OSM and CABT are working together in their mission of pioneering responsible energy for last mile delivery, as per the companies.

Talking about the logistics market, Uday Narang, Founder and Chairman, Omega Seiki Mobility, said, “Owing to the low total cost of ownership, the demand for leasing commercial electric vehicles is very robust. This is further fuelled by ambitious electrification targets by large e-commerce companies, amid the need for lower emission having led to an upsurge in demand of electric vehicles. The global commercial vehicle rental and leasing market size was valued at $77.42 billion in 2021. The market is projected to grow multifold over the next five years.”

Commenting on the association, Vivek Dhawan, Director – Sales, Marketing and Customer Service, Omega Seiki Mobility, said, “OSM Rage+ range of electric three wheelers has transformed last mile delivery across India. The OSM and CABT partnership will work towards organising the electric last mile delivery segment. CABT has a strong background of the sector, and we see a committed and able partner to deploy our state-of-the-art Rage+ electric three-wheelers.”

Adding to this, Shailesh Kumar, Founder, CABT Logistics, said, “Sustainability and green mobility are of great importance to us. CABT is committed to solving EV-related challenges with ‘Made-in-India’, ‘Made-for-India solutions, and the collaboration with OSM is the testament of the same. I am very excited to associate with OSM to drive the adoption of Rage+, Rage+ Rapid and Rage+ Rapid Pro. This collaboration will not only ensure a strengthened fleet but also help in reducing our and our clients’ carbon footprint by shifting to Omega Seiki Mobility’s economical, highly profitable and less pollutive electric vehicles.”

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.”