Switch Mobility, an electric vehicle manufacturer, will be present at Auto Expo 2023 in Greater Noida, to showcase its market leading products and technologies for the global market. Participating for the first time at the Auto Expo, between 13-18 January, 2023, Switch Mobility will be part of the integrated stand with Ashok Leyland in Hall No 12, Stall No N15 at the Expo Grounds in Greater Noida. The electric vehicle manufacturer claims that it will be unveiling a range of concept vehicles from the all-new IeV series, catering to last-mile and mid-mile mobility applications and a new range of electric buses in the EiV series. Strengthening the electric bus line-up at the expo will also be an open top variant of SWITCH EiV 22, an electric double decker. Designed, developed and manufactured in India, utilising Switch’s global electric bus experience, SWITCH EiV 22 is equipped with the latest technology, ultra-modern design, highest safety and best-in-class comfort features, according to Switch Mobility.

Sharing his thoughts, Mahesh Babu, Chief Executive Officer, Switch Mobility, said, “Switch is committed to democratising zero carbon transportation through cutting-edge products and technologies, to transform the rapidly growing mobility sector. The Auto Expo is the ideal platform for companies to showcase next generation products with future-ready technology to connect with customers and partners. As we are coming together after four years to share the best innovation in the industry, Switch will be showcasing innovative concepts and variants of the all-new IeV series and EiV series that offer the best value proposition with exceptional passenger comfort and convenience. These products have been designed based on deep customer insights and the future mobility needs of the country.’’

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Zelio E-Mobility, a rapidly growing manufacturer of electric two- and three-wheelers, has secured approval from the Securities and Exchange Board of India (SEBI) for its SME Initial Public Offering (IPO). The company aims to raise INR 780 million through the public issue, which is expected to be listed on the BSE.

Founded in 2021, Zelio is a manufacturer of electric scooters and three-wheelers. The company claims to have an annual manufacturing capacity of 72,000 units and a distribution network of more than 280 dealers across over 20 states and union territories in India.

In FY2025, the company reported revenue of INR 1.72 billion, net profit of INR 160 million, up 128.76 percent YoY. The company claims a CAGR growth of 83.29 percent CAGR between FY2023 and FY2025.

The proceeds from the IPO, which will be managed by Hem Securities, are earmarked to support Zelio's next phase of growth. The company shared that specific details on investor participation and the use of the funds will be announced closer to the issue date.

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Bengaluru-based electric vehicle maker Ather Energy has reached a significant milestone by opening over 500 Experience Centres (EC) across the country. In just the last three months, the company added 101 new centres, with a strong focus on expanding its presence in central and northern India.

The company's rapid expansion is largely driven by the growing demand for its electric scooters, particularly the new Rizta, Ather's first family-oriented scooter. While southern India remains Ather’s strongest market, the success of the Rizta has accelerated its growth in new regions.

Ravneet Singh Phokela, Chief Business Officer, Ather Energy, said, “Crossing 500 Experience Centres marks an important step in our growth journey, as we continue to expand our presence in line with rising demand across markets. While South India continues to be our strongest base, where we are steadily growing, the success of Rizta has also helped us fast-track expansion in Middle and North India. This growth is not confined to metros alone. We are also building deeper into tier 2 and 3 cities, where consumer response has been equally encouraging. As we continue to scale, our focus remains on making Ather accessible to more customers across India, with the aim of crossing 700 Experience Centres by the end of FY26.”

Going forward, Ather aims to have over 700 Experience centres by the end of fiscal year 2026 to make its vehicles more accessible to a wider audience. The company is not only expanding its retail footprint but also its service network, including dedicated Ather Gold service centres.

The EV maker’s market share has grown from 7.6 percent in Q1 FY2025, to 14.3 percent in Q1 FY2026.

To support its ambitious growth, Ather operates two manufacturing plants in Hosur, Tamil Nadu, and is building a third facility in Maharashtra that will increase its total annual production capacity to 1.42 million electric two-wheelers.

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Chennai-based electric motorcycle start-up Raptee.HV has received strategic funding from the Technology Development Board (TDB), a government body under the Department of Science & Technology.

The company claims it is the first electric motorcycle manufacturer in India to receive this support, which will be used to develop its high-voltage technology further.

Raptee.HV specialises in adapting high-voltage technology from electric cars for use in two-wheelers. The company has spent over six years developing its own technology from the ground up, aiming to create electric motorcycles that offer car-level performance, reliability and charging convenience.

Dinesh Arjun, CEO and Co-Founder of Raptee.HV, said, “This support from the Technology Development Board is a strong endorsement of Raptee.HV’s mission to redefine performance electric mobility, from India, for the world. In the absence of an ecosystem for high-voltage motorcycle architecture, we built our own through uncompromising engineering. Earlier, we also received a grant from the Ministry of Heavy Industries through ARAI-AMTIF and now from TDB, both clear signals of the Government of India’s focus on supporting indigenous technological innovation. The trust placed in us by TDB and ARAI-AMTIF strengthens our resolve to push the boundaries of performance-driven motorcycle electrification in India.” 

By investing in Raptee.HV, the TDB is making its first-ever investment in the electric motorcycle sector. This places the startup in a select group of companies, including Tata Motors and Bharat Biotech, that have historically received TDB support for groundbreaking technological innovations.

With motorcycles making up a significant portion of India's two-wheeler market, Raptee.HV’s focus on performance-driven, high-voltage technology could play a key role in helping India achieve its 2030 target of 30 percent EV penetration in the two-wheeler segment.

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Celebrating a significant five-year milestone in the UK, Polestar recently hosted its largest customer event, the Polestar Festival, at Bicester Motion. The festival served as the dynamic backdrop for the UK premiere of the new Polestar 5, a four-door performance Grand Tourer that embodies the brand's forward-looking vision.

The event attracted around 1,000 guests to the company's headquarters for a weekend highlighting Polestar's remarkable growth, which has seen over 45,000 vehicles sold since its 2020 launch. In a striking display of community, 180 owner vehicles were meticulously arranged on the Bicester airfield to form a record-breaking, 170-metre-wide collage of the Polestar logo.

Attendees experienced the first UK showing of the Polestar 5, a model extensively developed by the brand’s British engineers and evolved from the pioneering Precept concept. The festival also featured an interactive partner zone with leading technology firms like Google, Bowers & Wilkins and Brembo showcasing their contributions.

Further highlights included the exclusive Arctic Circle collection of modified Polestar vehicles, available for virtual driving experiences, and the display of a Guinness World Record-holding Polestar 3 that achieved 581 miles (approximately 935 km) on a single charge. The agenda was packed with live driving demonstrations on and off the track, alongside insightful discussions with Polestar executives on critical topics such as sustainable innovation and automotive design.

Matt Galvin, Managing Director, Polestar UK, said, “It was incredible to see so many customers and friends of the brand on Saturday, and the reception to the new Polestar 5 has been astonishing. Polestar UK is growing fast and has a very exciting future ahead of it, and I would like to thank all our customers for being part of this success story.”

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