Triton EV has signed an MoU with the Gujarat government for setting up an EV Truck Manufacturing Plant with a minimum investment of INR 10,800 crore.

According to reports, the factory, which will spread across 2000 acres of land, will manufacture more than 98 per cent of the entire Triton EV Semi Truck.

Gujarat Chief Minister Bhupendrabhai Patel and Triton EV Founder and Managing Director Himanshu B Patel were present during the function.

The state Chief Secretary Rajiv Gupta also attended the meeting at the Gujarat State Government Secretariat in Ahmedabad.

Bhupendrabhai Patel said, “India is undoubtedly becoming a world leader in multiple areas. EV is one of them and with such investment from Triton EV we are excited to look at the journey ahead. This manufacturing plant will not only create jobs but will also become a major driver of India’s exports output. Gujarat as a state is known for its entrepreneurial commitments over the last few decades and Gujarat is known for its economic success stories. This will be the next level of our success stories.”

Himanshu Patel said, “This is a very important milestone for us as well as for the Indian EV Manufacturing space. This eventually will also be the world’s leading and Asia’s biggest hub in its own category. The EV manufacturing hub in Gujarat will generate employment for over 10,000 people in the next five years.”

The manufacturing hub will receive investments from Triton Electric Vehicle LLC, Triton Electric Vehicle India Pvt Ltd., Bharat Electronics Limited, Triton EV Technologies India Pvt Ltd, Kaynes Technology India Ltd., Triton Testing & Homologation India Pvt. Ltd, and Horizon Microtech Pvt. Ltd, the report added. (MT)

JSW MG Motor India, a leading passenger vehicle manufacturer in the country, has launched the MG Windsor Pro with a new 52.9 kWh battery pack at prices starting INR 1.24 million + INR 4.5/km for the Battery-as-a-Service (BaaS) model. The MG Windsor Pro can be had without BaaS at INR 1.74 million (valid for first 8,000 bookings).

The EV now comes with a larger 52.9 kWh battery pack, claimed certified range of 449km, 136 PS of power and 200 Nm of torque. It is equipped with Level 2 ADAS, 12 major features – Traffic Jam Assist, Vehicle Safe Stop, Adaptive Cruise Control, Bend Cruise Assistance (Sub-function of ACC), Lane Departure Warning, Lane Departure Prevention, Lane Keep Assist, Intelligent Headlamp Control, Forward Collision Warning, Automatic Emergency braking system and Intelligent Hydraulic Braking Assistance ––  with 3 level of warning through audio, visual and haptic for enhanced safety.

The Windsor Pro comes with three new and vibrant colour options, Celadon Blue, Aurora Silver and Glaze Red, along with a new 18-inch dual tone machined alloys. A new dual-tone Ivory and Black interiors further highlight the variant.

In terms of creature comforts, the new Windsor Pro is equipped with Vehicle-to-Load (V2L) and Vehicle-to-Vehicle (V2V) technologies. The V2L features allow users to power external devices directly from the car, making it ideal for outdoor enthusiasts and professionals alike. While the V2V technology enables energy sharing capabilities between compatible EVs

JSW MG Motor India has also onboarded new financiers, such as IDFC First Bank and Kotak Mahindra Prime to expand the reach of its BaaS plans.

Anurag Mehrotra, Managing Director, JSW MG Motor India, said, “MG Windsor has been instrumental in accelerating the growth of India’s 4W-EV segment, winning customers over with its compelling value proposition. Positive word-of-mouth from early buyers fuelled its rapid acceptance, extending its reach beyond metro cities into Tier II and III markets. By introducing a product that stands apart from the conventional, we have successfully connected with a new wave of buyers. Alongside our partners, we remain committed to redefining the Indian auto landscape by delivering relevant innovations at the right time with the right technology. The launch of the MG Windsor Pro reflects our commitment to providing expanded choices, instilling greater confidence in EVs in general, and inviting more customers to venture confidently into the future of sustainable mobility.”

Hindustan Zinc, the world’s largest integrated zinc producer, has reported significant early-stage breakthroughs in the development of next-generation zinc-based battery technologies. These efforts aim to deliver higher energy efficiency, improved safety and longer battery life, supporting India's transition to clean, sustainable energy.

As lithium-ion battery supply chains face growing constraints and rising costs, zinc is emerging as a viable and strategic alternative. The company shared that zinc-based batteries offer several advantages, including superior safety (non-flammable), long cycle life, recyclability and operation across a wide range of temperatures. Additionally, they leave a greenhouse gas footprint nearly six times lower than conventional technologies.

Arun Misra, CEO, Hindustan Zinc, said, “Batteries are pivotal in the global shift toward clean energy. We are committed to driving innovation through our collaborations with premier Indian research institutions and by leveraging our metallurgical expertise. Our goal is to responsibly accelerate the battery revolution and contribute meaningfully to India’s energy independence.”

In partnership with the Indian Institute of Technology (IIT) Madras and the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) in Bengaluru, Hindustan Zinc is exploring sustainable zinc-based storage technologies.

Under a Memorandum of Understanding signed in August 2024, researchers at JNCASR are advancing zinc-ion battery technology, with a focus on novel zinc anode formulations and advanced electrolytes.

“Our work on electrode/electrolyte interface engineering has yielded promising results,” said Professor Prem Senguttuvan from JNCASR.

In a parallel initiative, IIT Madras is working on the development of a 1 kWh rechargeable zinc-air battery module, structured as a 6/12-cell stack. The project, led by Professor Aravind Kumar Chandiran, emphasises rechargeability, interface durability and battery longevity. “These batteries have enormous potential for electric vehicles, grid-scale storage, and consumer electronics,” said Prof. Chandiran.

Hindustan Zinc quoted a recent BloombergNEF report, which projects the global energy storage market will grow at a 21 percent CAGR, reaching 442 GWh by 2030.

Further expanding its global footprint, the company has also signed an MoU with US-based AEsir Technologies, a leader in nickel-zinc battery innovation. Through this partnership, Hindustan Zinc will provide technical expertise, commercial-grade electrodes and performance additives to help scale battery technologies from lab prototypes to industrial production.

Hindustan Zinc, a Vedanta Group company, currently supplies to over 40 countries and commands approximately 75 percent of India’s primary zinc market.

JSW MG Motor India is set to expand its EV portfolio with the MG Windsor Pro, which is set to be introduced on 6 May 2025.

The MG Windsor Pro is expected to offer a higher range, more features, improved safety and minor design tweaks. While technical details are yet to be released, it is safe to understand that the company is looking to further drive sales of its popular EV, targeting a new set of customers.

Launched on 11 September 2024, the company positioned the Windsor as a CUV (crossover utility vehicle) and the most comfortable EV in its segment.

The Windsor EV has already surpassed 20,000 units sales since launch, and has been the highest selling electric passenger vehicle for the last several months in a row.

Gujarat-headquartered electric vehicle maker Wardwizard Innovations & Mobility, the maker of ‘Joy e-bike’ and ‘Joy e-rik’ brand, has reported a consolidated net profit of INR 63.6 million for FY2025, maintaining profitability for the fifth consecutive year despite industry headwinds and a 5.1 percent drop in annual revenue.

The company’s total consolidated revenue stood at INR 3.04 billion, down from INR 3.2 billion last year. However, EBITDA rose 13.9 percent YoY to INR 3.6 billion, and EBITDA margins improved by 222 basis points to 12.11 percent, reflecting strong cost discipline and operational efficiency.

Despite a 52.7 percent YoY dip in PAT, largely due to a high base in FY2024, Wardwizard remained in the black – underscoring resilience amid a challenging EV market environment.

Yatin Sanjay Gupte, Chairman & MD, Wardwizard Innovations & Mobility, said, “While annual revenues saw a slight decline, EBITDA rose 14 percent YoY. Our profitable performance, sustained for five consecutive years, sets us apart and reinforces the strength of our strategy.”

In Q4 FY25 (Jan–Mar 2025), the company recorded a 62.2 percent YoY rise in PAT to INR 64.5 million, with EBITDA nearly doubling to INR 1.8 billion. PAT margins for the quarter expanded to 5.91 percent, and EBITDA margins reached 17.26 percent, reflecting improved product mix and cost optimisation.

During the last fiscal, the company deployed over 400 electric two-wheelers across major cities like Kolkata, Pune, and Ahmedabad as well as the launch of L5 electric rickshaws in Maharashtra. Ongoing partnerships and a USD 1.29 billion EV initiative in the Philippines are expected to drive future growth.

“With continued innovation and targeted execution, we are building a stronger foundation for long-term growth,” Gupte added.