Toyota Kirloskar Motor - Ohmium International

Toyota Kirloskar Motor (TKM) has signed a Memorandum of Understanding (MoU) with Bengaluru-based Ohmium International to co-develop integrated Green Hydrogen-based power solutions in India.

This collaboration brings together Toyota’s expertise in fuel cell technology and Ohmium’s capabilities in scalable PEM electrolysers to explore applications such as microgrids for use in data centres and remote, environmentally sensitive areas. Toyota Kirloskar Motor will contribute technical know-how and fuel cell modules, while Ohmium will lead design and performance evaluations.

The initiative supports India’s National Green Hydrogen Mission and aligns with the country’s goals of energy independence by 2047 and net-zero emissions by 2070. It also marks a strategic expansion of Toyota’s hydrogen initiatives in India – from the 2022 Mirai FCEV pilot project with iCAT to its recent MoU with Ashok Leyland for hydrogen-powered commercial vehicles.

Through such partnerships, Toyota Kirloskar Motor aims to foster a robust hydrogen ecosystem in India, supporting both mobility and stationary power needs while advancing local innovation under the ‘Make in India’ vision.

Nitin Gadkari, Union Minister, Ministry of Road Transport and Highways, Government of India, said, “Hydrogen, as a clean and renewable energy source, is regarded as the fuel of the future – a key to building a self-reliant and carbon-neutral India. In this direction, the Government of India has been undertaking several progressive initiatives, fostering innovations across the energy and transportation ecosystems. Notably, numerous industry leaders, start-ups and researchers are unlocking new opportunities in the hydrogen space, aiming to drive sustainability across multiple domains. The adoption of strategic approaches to harness hydrogen’s full potential will be crucial in ensuring a clean, affordable, and source energy future for the nation. It is particularly encouraging to witness corporates and technology pioneers actively contributing to the development of scalable, indigenous hydrogen solutions that align with national priorities and the vision of a greener, more sustainable tomorrow. And I commend Toyota and Ohmium for making strong efforts with cleaner energy options through advanced hydrogen-led capabilities, aligning with the ‘Atmanirbhar Bharat Abhiyaan.”

Shripad Yesso Naik, Union Minister of State, Ministry of New and Renewable Energy, Government of India, said, “Initiatives that foster and promote scalable, home-grown solutions are essential to accelerating India’s transition to a low-carbon economy. In this regard, diverse sectoral industries will play a pivotal role in realising the goal of building a self-reliant green hydrogen ecosystem by 2030. Their innovative capabilities and localised solutions will form the backbone of India’s energy transition. The National Green Hydrogen Mission envisions India as a global leader in clean energy innovation and its deployment. To achieve this vision, it is imperative to strengthen domestic capabilities across the hydrogen value chain. Strategic collaborations such as this, between Toyota Kirloskar Motor and Ohmium, have the potential to significantly accelerate the progress towards a hydrogen-powered green energy future.”

Manjinder Singh Sirsa, Minister of Industries, Food & Supplies, Environment Forest and Wildlife, Government of NCT of Delhi, said, “As India continues to take strong strides in environmental leadership, initiatives like these reinforce our commitment to sustainable transformation at the grassroots. Green hydrogen presents a promising solution to reduce air pollution, drive industrial decarbonisation and enable the development of cleaner, future-ready ecosystem. The collaboration between Toyota Kirloskar Motor and Ohmium is a significant step forward – combining global innovation and local expertise to co-create scalable, green energy solutions. Such partnerships are essential to building sustainable industrial zones and pollution-free society, in line with our vision for a greener, healthier India.”

Ahmad Chatila, Ohmium Board Chaiman, said, “We are privileged to collaborate with Toyota Kirloskar Motor to integrate our locally manufactured electrolyser technology with their advanced fuel cell systems. This collaboration supports India’s Hydrogen economy goals and demonstrates our commitment to a greener future with cleaner air, better public health, and resilient, secure infrastructure.”

Manasi Tata, Vice-Chairperson, Toyota Kirloskar Motor, said, “At Toyota, our commitment to a carbon-neutral future extends beyond clean mobility. Green hydrogen is a vital part of this vision – not only for transportation but also its production, distribution, and diverse end-use applications. Through this collaboration with an innovative PEM technology player like Ohmium, we are not only advancing Hydrogen applications but also reinforcing our support for the country’s ‘Make in India’ initiative. By co-developing locally relevant hydrogen solutions, we aim to empower India’s energy transformation and contribute meaningfully to the hydrogen ecosystem.”

Swapnesh R. Maru, Deputy Managing Director, Corporate Planning, Green Field Project, Toyota Kirloskar Motor (TKM), said, “India stands at a transformative juncture in its clean energy journey, with a clear vision to achieve energy independence and long-term sustainability. At TKM, we are happy to contribute meaningfully to this future by adopting a multi-pathway approach. This allows us to diversify our environmental efforts and move with speed and at scale towards achieving carbon neutrality, in alignment with our national objectives. In this direction, our collaboration with Ohmium goes ‘Beyond Mobility’ – it’s a shared commitment to contributing towards the creation of a hydrogen-powered India that is self-reliant, resilient, inclusive, and future-ready. Guided by our deep respect for the planet, we see hydrogen not just as a fuel, but as a catalyst to usher in sustainability across mobility, energy and industry sectors. By integrating global expertise with India-focused innovation, we are proud to be delivering environment friendly solutions, fostering happier paths together.”

Kinetic Watts And Volts Partners IDFC FIRST Bank For Retail Financing

Kinetic

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

TVS iQube MillionR

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

Montra Eviator

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.

LG Energy Solution Inks MoU With indiGOtech To Explore EV Battery Supply & Tech

LG Energy Solution - indiGOtech

South Korean energy major LG Energy Solution has signed a non-binding memorandum of understanding (MoU) with United States-based commercial electric vehicle startup indiGOtech to explore battery supply and technological collaboration.

Under the MoU, the companies will work toward a final agreement for LG Energy Solution to supply 46-series NCM cylindrical battery cells from 2027 to 2030 for indiGOtech’s Flow Ride and Flow Cargo vehicles.

The partnership involves vehicle-battery integration, performance verification, driving range extension, and charging time reduction. The agreement expands LG Energy Solution's client base for its 46-series cylindrical batteries, following a reported 1.5-fold YoY increase in cylindrical battery shipments in the second quarter.

Headquartered in Woburn, Massachusetts, indiGOtech specialises in commercial van platforms for the North American market, integrating vehicles, charging infrastructure and digital services.

Will Graylin, Chairman and CEO, indiGOtech, said, "Urban ride hail and delivery must electrify and automate at scale, but today’s electric vehicles are not designed for purpose, and are severely limited by the local charging infrastructure – that’s why vast majority of rides and deliveries are still driven by gas vehicles. Working toward a long-term relationship with LG Energy Solution brings together advanced battery technology for durable economic advantage for vehicles, drivers and fleet operators."

Sunghwan Oh, Mobility & IT Battery Marketing Group Leader, LG Energy Solution, said, "Based on LG Energy Solution’s 46-series NCM cylindrical battery technology that boasts high energy density and rapid charging capabilities, we will closely collaborate with indiGOtech, which is successfully building the Transportation-as-a-Service (TaaS) ecosystem in the U.S. Leveraging this partnership, we plan to enter the diverse commercial vehicle market in the U.S., including logistics, last-mile delivery, and ride-hailing."