Raptee.HV Receives 8,000 Registration For T30 E-Motorcycle, Aims To Raise $19 Million Too
- By MT Bureau
- March 11, 2025
Chennai-based electric vehicle start-up Raptee.HV has announced that it has received ARAI certification for the T30 electric motorcycle. Its maiden product is also claimed to be India’s first electric two-wheeler with high voltage technology found in electric cars.
The T30 e-motorcycle is compatible with CCS2 DC fast-charging standards, which means the EV can be charged easily at any of the public fast-charging stations currently used by the electric passenger vehicle segment.
It was in September 2023, the EV start-up raised USD 3 million from investors VC fund Bluehill Capital, which also saw participation from Eugene Mayne, Founder and CEO of Tristar Global (UAE), Lakshmi Narayanan, Former CEO of Cognizant, Ramesh Kannan, Managing Director, Kaynes Technology, Chandu Nair, Director, Shankara Building Products and other HNIs from India and the UAE. Furthermore, the company is in talks with investors to raise USD 19 million that will help meet its working capital requirements and expansion plans.
Launched in October 2024, the T30 has already garnered over 8,000 registrations, which Raptee.HV claims will meet its first-year sales target of USD 25 million. Priced at INR 239,000, the T30 comes with a standard warrant of eight years on the battery and is said to perform equivalently to a 300cc ICE motorcycle.
Dinesh Arjun, CEO & Co-Founder, Raptee.HV, said, “We are setting a precedent here, and we believe the entire motorcycle ecosystem will inevitably transition to high voltage, much like the electric car industry due to its innate advantages. Certification of an entirely new architecture means, developing not just the subcomponents but also the performance, safety and validation standards, co-creating the supplier ecosystem and then actively working with the regulatory body to get the new standards through. While it has taken us around 6 years to build the HV architecture for our first motorcycle, our platforms are now in place to support the launch of a new motorcycle every 12 months hereon.”
Jayapradeep Vasudevan, CBO, Raptee.HV, added, “This certification from ARAI is the true validation for all that our team had been working on for the last 6 years. This is a phenomenal milestone for any auto OEM and more so for Raptee.HV where we have built an incredibly new high voltage technology for the electric two wheelers. Our HV technology not only helps us to deliver a superior riding experience to our customers but also additionally helps to break some of the significant EV industry barriers like reliability and charging anxiety. Since we are entering the mid-size segment with T30, a product which has a globally proven superior high voltage technology, we have also designed our ownership experience initiatives in line with our product benchmark to meet our customers’ high expectations. We would be starting the deliveries in Chennai and Bengaluru and further expand to other markets in a phased manner. While our focus market is going to be India, T30 has a natural global market fit due to its compatibility with the DC fast chargers across the globe and its price competitiveness. We are super excited and eagerly awaiting to see our customers experiencing a new way of motorcycling in the days to come.”
Jio-bp, Vertelo Partner To Build Commercial EV Charging Network
- By MT Bureau
- October 09, 2026
Jio-bp, the operating brand of Reliance BP Mobility, has signed a Memorandum of Understanding (MoU) with electric vehicle leasing platform Vertelo to develop charging infrastructure and financial solutions for electric buses and trucks in India.
The partnership combines Vertelo's commercial vehicle leasing platform with Jio-bp's fast-charging network across urban centres and highway transport corridors.
As per the agreement, both entities will explore providing fleet operators with turnkey charging infrastructure projects, preferential charging rates and location tracking for charging hubs. The initiative aligns with the Government of India's PM E-DRIVE program, which promotes zero-emission commercial transport adoption.
Sarthak Behuria, Chairman, Jio-bp, said, "India's transition to electric mobility is no longer a question, it is happening quickly. At the heart of this transformation are commercial fleets - buses and trucks that keep our people, cargo, and economy moving every day, often covering the longest distances and the toughest routes. At Jio-bp, we believe EV charging infrastructure is a critical part of national infrastructure and our partnership with Vertelo marks an important step towards building the charging backbone needed to cater to the demands of this transition."
Akshay Wadhwa, CEO, Jio-bp, said, "Jio-bp pulse has been built on a simple promise - accessible, reliable, high-uptime EV charging wherever needed. With Vertelo, we are bringing that same reliability to commercial fleets, which have distinct needs shaped by routes, battery capacities and operating patterns. This MoU lets us address those needs directly, while exploring practical charging and financing solutions for fleet operators. Together, we aim to make reliable charging more accessible for electric buses and trucks."
Sandeep Gambhir, CEO, Vertelo, said, "Commercial vehicles cover far more kilometres than passenger cars, which makes them the segment where electrification delivers the greatest environmental return, and where charging access matters most. Jio-bp has built meaningful infrastructure along the major corridors our customers operate on. This collaboration will help connect more cities and communities across the country while reinforcing Vertelo’s status as a trusted enabler of EV adoption through its ecosystem play through leasing and financing solutions along with creating the necessary infrastructure to facilitate the same."
The collaboration addresses charging access, battery performance management, and capital expenditure barriers for commercial fleet operators transitioning from internal combustion engine vehicles.
Kinetic Watts And Volts Partners IDFC FIRST Bank For Retail Financing
- By MT Bureau
- October 06, 2026
Pune-headquartered electric vehicle company Kinetic Watts and Volts, a subsidiary of Kinetic Engineering, has entered into a retail financing partnership with IDFC FIRST Bank to provide credit options across its dealership network.
The arrangement enables customers at Kinetic EV dealerships to access loan options, interest rates and instalment plans, subject to eligibility criteria. Ground teams from IDFC FIRST Bank will collaborate directly with dealership staff to process applications at the point of sale. The initiative coincides with the expansion of Kinetic EV’s retail footprint, which currently comprises over 65 operational sales, service and spare parts facilities in India.
Ajinkya Firodia, MD, Kinetic Watts and Volts, said, "For many customers, choosing an electric two-wheeler is not just about selecting the right product, but also about finding a purchase option that works for them. Our partnership with IDFC FIRST Bank gives customers greater choice at the point of purchase and strengthens the support available across our dealership network. With quick financing options, attractive EMI plans and exciting offers for eligible customers, we want to make the overall purchase journey simpler and more convenient. As we continue to expand our presence across markets, we look forward to making the journey towards electric mobility more accessible for more customers."
The tie-up leverages the bank's branch and operational network to support dealership sales in multiple regional markets. The companies are also developing customer schemes and promotional offers that will be announced at a later date.
TVS Motor Delivers Over 100 iQube MillionR Special Edition In Cuttack
- By MT Bureau
- October 05, 2026
Chennai-headquartered two-wheeler and three-wheeler company TVS Motor Company conducted a single-day delivery event in Cuttack, Odisha, handing over more than 100 units of the TVS iQube MillionR Special Edition electric scooter to customers.
The MillionR Special Edition was launched on 25 August 2026 to mark the cumulative sales milestone of one million TVS iQube scooters. Based on the 3.5 kWh battery variant, the edition features an Aurora Green Dual Tone paint finish, custom seat upholstery and specific graphics alongside MillionR badging.
The e-scooter features a front utility storage compartment that expands overall storage capacity from 32 litres to 35.5 litres, an integrated USB Type-C charging port and over 118 connected features. The 3.5 kWh battery setup provides an Indian Driving Cycle (IDC) range of 145 km on a single charge.
In Odisha, the TVS iQube MillionR Special Edition is priced at INR 131,138 (effective ex-showroom). The standard TVS iQube range starts at INR 105,851 (effective ex-showroom), with Battery-as-a-Service (BaaS) option pricing starting at INR 59,999.
More Retail Inducts Montra Electric Eviator For Mid-Mile Logistics
- By MT Bureau
- October 01, 2026
More Retail, a leading supermarket and hypermarket chain, has expanded its electric mid-mile logistics operations through the deployment of 110 Montra Electric Eviator electric small commercial vehicles across its distribution network, including 25 units in Bengaluru.
The company shared that electric commercial vehicles now account for 150 of its 600 total mid-mile logistics fleet. The 110 Montra Electric Eviator units operate across daily store replenishment and delivery routes, covering a combined minimum distance of 22,000 kilometres per day. The transition from internal combustion engine vehicles aims to lower operational energy expenses and vehicle maintenance requirements while providing driver ergonomics for city traffic conditions.
Saju Nair, CEO of the e-SCV Division, Montra Electric, said, "Electrification of commercial mobility will accelerate when it delivers measurable business value at scale. More Retail’s journey towards 100 percent electrification with our Eviator, is a strong example of that shift, from evaluating EVs as an alternative to deploying them as a core part of everyday logistics. As More Retail moves towards a fully electric mid-mile fleet, our focus is to enable that transition with vehicles and an ecosystem built around uptime, efficiency and long-term profitability."
Prasanna Hegde, National Transport Manager, More Retail, said, "Our mid-mile fleet keeps our stores stocked every day, so reliability comes first for us. The move from ICE vehicles to Montra Electric's Eviator e-SCVs has been smooth across our distribution network. The vehicles have already covered over 8.8 lakh kilometres on our routes, and our drivers have responded well to their comfort, instant torque and day-to-day dependability. Alongside lower operating costs, we are cutting emissions with every delivery run. With 150 of our 600 mid-mile vehicles now electric, we are well on our way to a fully electric fleet, and Montra Electric has been a trusted partner at every step."
The Montra Electric Eviator features a 10.3-foot loading deck and a payload capacity of up to 1,707 kg. The vehicles are integrated with telematics systems that monitor battery status, driver metrics, and route planning data to maintain fleet uptime between distribution centres and retail outlets.

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