Vietnamese automaker VinFast India has signed a Memorandum of Understanding (MoU) with Shriram Finance (SFL) to improve consumer access to electric vehicle (EV) financing solutions. The partnership aims to accelerate EV adoption by leveraging Shriram Finance's extensive branch network and expertise in vehicle financing.

The partnership will see Shriram Finance provide up to 100 percent on-road funding on VinFast vehicles, with competitive interest rates and flexible repayment options. The facility will be available across urban, rural, and semi-urban markets via Shriram Finance’s network of over 3,000 branches.

Tapan Ghosh, CEO, VinFast India, said, “India’s transition to electric mobility will be shaped not just by strong products, but by the strength of the ecosystem that supports them. Our partnership with Shriram Finance reflects VinFast’s continued focus on removing barriers to EV adoption by improving financing accessibility and enabling a smoother ownership experience for our customers across markets.”

Nandagopal R., President & National Business Head, Shriram Green Finance, said, “We are pleased to collaborate with VinFast through this strategic MOU, which marks an important step towards strengthening sustainable mobility solutions in India. This association reflects our shared vision to accelerate EV adoption and support the development of a stronger green mobility ecosystem across the country.”

This partnership follows VinFast's recent entry into the electric MPV segment with the launch of the VF MPV 7. In addition to financing, VinFast is focusing on other initiatives to support EV ownership, including assured resale and structured buyback programmes.

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Switch Mobility, a manufacturer of electric buses and light commercial vehicles and part of the Hinduja Group, showcased an international variant of its Switch EiV12 electric bus at the Best of Bharat & Mauritius Expo. The event took place from 17 June to 21 June 2026.

The EV maker has an operational presence in Mauritius, having completed the delivery of 100 electric buses to the Government of Mauritius earlier this year. These vehicles have been deployed by the National Transport Corporation (NTC).

The EiV12 displayed at the expo, operated by Triolet Bus Service, uses a Permanent Magnet Synchronous AC Motor with a peak output of 235 kW, paired with LFP battery chemistry. Supports DC Fast Charging via a CCS-2 interface with dual-gun capability. The e-bus is built on a 12-metre modular platform featuring 48 seats, front and rear air suspension, and a floor-mounted battery configuration. It offers a range of up to 300 km.

The e-bus comes with Switch iON, a platform for remote diagnostics, vehicle health monitoring, predictive maintenance and fleet performance optimisation. It is equipped with a Fire Detection and Suppression System (FDSS).

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Renault has announced a series of updates for the Megane E-Tech electric, focusing on design, performance, and equipment levels. The refreshed model aims to strengthen its position in the compact electric vehicle segment as it targets buyers transitioning to electric mobility.

The EV continues to be manufactured at the ElectriCity industrial hub in France, with battery assembly at the Douai plant and motor production in Cléon.

The exterior has been restyled to provide a more dynamic on-road presence. The bumper has been redesigned with a prominent body-coloured section and a new light signature featuring eight diamond-shaped components. The Renault logo is now positioned under the bonnet. On the back, the rear lights feature a 3D design without a covering lens.

The electric vehicle is 20mm taller and features a reshaped rear skirt to accentuate its width and sporty profile. The Megane E-Tech electric retains large 19- or 20-inch wheels. It is being introduced in two main trim levels.

Techno, which features a body-coloured front bumper trim and new 19-inch alloy wheels. The interior includes a TEP-finish dashboard, with optional power seats and wood or patterned trim.

On the other hand, Esprit Alpine is the high-spec trim includes specific 20-inch alloy wheels, distinct styling elements and an interior with a spectral grey door panel finish that transition from dark grey to blue.

The Megane E-Tech electric is available in seven body colours, including the new Satin Blue Slate, with optional two-tone roof configurations.

Laurens van den Acker, Chief Design Officer, Renault Group, said, "We have enhanced the perceived width and on-road stance of new Renault Megane E-Tech electric to give it greater presence. Its sporty, modern styling gives it an appeal that echoes its inherent dynamic qualities."

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Gujarat-based electric vehicle start-up Avore Electric has unveiled a teaser film of its upcoming electric motorcycle, which it says will mark its formal entry into the high-growth mid-size electric two-wheeler segment.

The e-motorcycle, it says, is built around the core corporate philosophy of ‘Intelligence Beyond Motion’, which it claims is engineered entirely from the ground up on Avore’s indigenous, in-house technology platform.

The visual preview details a performance-oriented stance tailored for next-generation riders. The design language focuses on structural integration, moving away from traditional retro aesthetics toward a technical look.

Key styling and engineering elements highlighted in the promotional film include aerodynamically optimised fairings designed to minimise drag and manage thermal airflow around the battery enclosure. A unique front headlamp design that serves as the visual anchor for the motorcycle’s front fascia. Contrasting paint schemes that accentuate the sharp, aggressive geometric lines of the chassis.

The start-up says its upcoming e-motorcycle represents the culmination of years of domestic, in-house research and development. By utilising its proprietary technology platform, Avore Electric aims to establish a foothold in India's expanding mid-size premium motorcycle space before scaling its world-class electric mobility solutions to international markets.

The company is expected to give more details soon.

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JSW MG Motor India, one of the leading passenger vehicle manufacturers, has announced that it has successfully installed 1,000 community chargers under its MG Charge initiative.

Spanning more than 470 sites across India, the milestone makes JSW MG Motor India the first automaker in the country to establish community-led electric vehicle (EV) charging infrastructure at this scale. The installations are distributed across residential societies, condominiums, hospitals, corporate campuses, hotels and industrial parks.

Alongside the infrastructure announcement, the company revealed that MG-branded electric vehicles have cumulatively travelled over 2.9 billion green kilometres on Indian roads. This collective mileage has offset approximately 417,000 metric tonnes of CO2 emissions.

Furthermore, JSW MG Motor India has detailed an aggressive product timeline for the remainder of calendar year 2026 (CY2026). The automaker plans to launch three new New Energy Vehicles (NEVs).

This upcoming product push will mark the brand's introduction of plug-in hybrid (PHEV) technology to the Indian market. The company noted that its overarching corporate philosophy views India's transition to sustainable transit as a path that can be successfully driven by balancing multiple complementary technologies.

In alignment with national decarbonisation targets, JSW MG Motor India has systematically upgraded its primary manufacturing plant in Halol, Gujarat. The site has achieved significant efficiency metrics through the deployment of Industry 4.0 digitisation and Internet of Things (IoT) solutions.

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