VinFast Opens Bookings For VF 7 And VF 6 E-SUVs In India
- By MT Bureau
- July 15, 2025
Vietnamese auto maker VinFast Auto India has announced that it has officially opened bookings for its soon-to-be-launched VF 7 and VF 6 electric SUVs in the country. The EVs can be booked for a refundable amount of INR 21,000, for which the deliveries are set to begin next month. The models will be assembled at the company’s plant in Thoothukudi, Tamil Nadu.
The VF 7 features a spacious interior, Level 2 Advanced Driver Assistance Systems (ADAS), large touchscreen, connected car technologies, panoramic glass roof, wireless charging and signature LED lighting.
On the other hand, the VF 6 positioned as a family SUV, combines comfort with Level 2 ADAS, an intuitive infotainment system, connected features, signature lighting and a panoramic roof.
Pham Sanh Chau, CEO, VinFast Asia, said, “We are deeply encouraged by the overwhelming support from Indian consumers at the Bharat Mobility Global Expo. It reaffirmed the country’s readiness and enthusiasm for sustainable mobility solutions. The VF 6 and VF 7 represent our vision of bringing world-class EVs tailored to local needs, and we’re confident that Indian customers will find these models not only competitive, but truly inspiring.”
The Vietnamese auto maker has been taking rapid strides to establish its presence in the country, be it the recent onboarding of 13 dealer partners, partnering RoadGrid, myTVS and Global Assure to create a reliable, nationwide charging and aftersales service network. Furthermore, it also has partnered with BatX Energies for battery recycling and rare metal recovery.
Ola Electric Targets INR 47 Billion Revenue For FY2026, Move To Rare Earth Free Motors Too
- By MT Bureau
- July 14, 2025
Bengaluru-based electric vehicle manufacturer Ola Electric aims to sell 325,000 to 375,000 units, which will translate to revenue of INR 42 billion to INR 47 billion in FY2026. It anticipates its auto business will achieve full-year EBITDA positive status, with gross margins expected to rise to 35-40 percent starting in the second quarter, buoyed by Production Linked Incentive (PLI) benefits.
The optimistic outlook follows a strong performance in Q1 of FY2026, where the company saw significant sequential growth and a key profitability milestone. It sold 68,192 two-wheelers, up 32.7 percent compared to 51,375 units sold in Q4 FY2025. The revenue came at INR 8.28 billion, up 35.5 percent over the previous quarter. Ola Electric claims its auto business achieved EBITDA positive status in June 2025, a significant turnaround from previous quarters. The auto segment's Q1 EBITDA improved sharply to -11.6 percent from -90.6 percent in Q4 FY25. Consolidated EBITDA also saw a substantial recovery to -28.6 percent.
Ola Electric's ‘Project Lakshya,’ a cost optimisation initiative, has driven considerable operational efficiencies. Monthly auto operational expenses have been reduced from INR 1.78 billion to INR 1.05 billion, with a target to further lower consolidated operational expenses to approximately INR 1.30 billion per month through FY26. This focus on efficiency has contributed to a notable improvement in free cash flow, which improved to negative INR 1.07 billion in Q1 from negative INR 4.55 billion in Q4 FY2025.
Product innovation continues to be a key driver, with the newly introduced Gen 3 scooters accounting for 80 percent of total scooter sales in the quarter. These models the company shared have not only improved margins but also led to a significant reduction in warranty claims. The rollout of Ola Electric’s Roadster X motorcycles is also progressing, now available in 200 stores across India and slated for further scaling during the upcoming festive season. Software adoption is also on the rise, with MoveOS+ adoption surging to nearly 50 percent among new customers.
A significant technological leap for Ola Electric is the in-house production of its 4680 Bharat Cell, set to power vehicles starting this Navratri. The company plans to fully utilise its 1.4 GWh capacity by the end of FY2026 and scale it to 5 GWh by FY2027. Furthermore, the company has successfully developed Heavy Rare Earths (HRE) free Motors, scheduled for production deployment in Q3 FY2026. These vertical integration efforts aim to reduce costs, enhance performance, and improve supply chain resilience.
Ola Electric aims to further solidify its position as an industry leader, being the only major EV player currently offering ABS-equipped products (S1 Pro+). The company is also developing its in-house ABS, expected to be production-ready by January 2026, aligning with evolving safety standards.
Aventon Unveils Next-Gen Aventure Mid Drive Fat Tyre Electric Bike
- By TT News
- July 12, 2025
Aventon, a pioneer in electric mobility, has launched the Aventure Mid Drive (Aventure M) fat tyre electric bike, elevating adventure riding with rugged capability, cutting-edge technology and refined performance.
Designed to conquer any terrain, the Aventure M combines meticulously engineered frame geometry, an 80 mm suspension fork and 4-inch tyres for unstoppable exploration. At its core, the powerful A100 mid-drive motor delivers 250W (750W peak) and 100 Nm of torque, ensuring responsive acceleration and customisable performance via Ride Tune.
Innovative features like AutoShift – an electronic shifting system exclusive in this category – eliminate gear guesswork by automatically selecting the optimal ratio based on terrain, cadence and torque. For steep inclines, Uphill Start Assist detects slopes and boosts power instantly, while the 80 mm suspension fork and 50 mm travel suspension seat post guarantee comfort on rough trails.
The Aventon Control Unit (ACU) integrates advanced security and connectivity, including GPS tracking, geofencing and a wheel lock, alongside real-time ride metrics like torque and power output. Available in Basalt, Camouflage and Pacific colourways, the Aventure M e-bike is priced at USD 2,899 and shipping begins July 2025.
Ather Energy To Host Its Community Day On August 30
- By MT Bureau
- July 11, 2025
Bengaluru-based electric vehicle maker Ather Energy is all set to host its Community Day on 30 August 2025.
This year Ather Energy’s theme, christened ‘Technology that works like magic’, will see the company showcase its new ‘EL’ scooter platform, launch next-generation fast chargers and unveil Ather Stack 7.0 its latest software stack.
The new scooter platform, the EV maker stated, is engineered to be versatile and cost-efficient, which will allow Ather to further expand its product lineup to tap into a wider range of customer base.
It is interesting to note, that the company hosted its last Ather Community Day on 6 April 2024, which saw the launch of the Ather Rizta e-scooter, Halo smart helmet and AtherStack 6.0.
Kinetic Green To Launch 3 New ‘Born Electric’ Scooters In Major Expansion
- By MT Bureau
- July 11, 2025
Pune-based electric two-wheeler and three-wheeler manufacturer Kinetic Green has announced its ambitious product portfolio expansion plan with the launch of three ‘Born Electric’ scooter models over the next 18 months.
The move the company shared follows the success of the E-Luna, reinforcing Kinetic Green's aggressive growth strategy in the rapidly evolving EV market.
The first new model, described as a premium, stylish and technologically advanced family scooter, is slated for release before the 2025 festive season. This electric scooter will feature retro aesthetics combined with modern technology, including a TFT display, advanced IoT capabilities and an intelligent digital platform developed in collaboration with Jio Things. The scooter will offer multiple battery options and fast-charging technology.
To elevate the design of its upcoming range, Kinetic Green has partnered with Italian design house Torino Design. This collaboration aims to create ‘ultra-futuristic’ scooters with a radical styling based on the ‘Born Electric’ design philosophy. These next-generation models are expected to hit the market next year, signalling a new direction in mobility design.
The company is employing a philosophy of ‘Thoughtful Engineering,’ which combines intelligent design, advanced connectivity and features focused on comfort, convenience, and safety.
Dr Sulajja Firodia Motwani, Founder and CEO, Kinetic Green, said, “We are truly excited about our upcoming range of Born-Electric scooters from the house of Kinetic Green. With over a decade of experience in the EV space, we have built deep expertise in electric mobility design and engineering, backed by robust EV R&D and strategic partnerships for fast charging, battery swapping and proprietary software-driven platform solutions. We are greatly enthused by the success of our E-Luna and e-scooters recently launched in India. Having sold over 80,000 E2W in this initial phase, created a strong manufacturing infrastructure and a network of 400 exclusive dealers for E2W in the country, we are ready to aggressively expand our E2W business. Now with our design alliance with Torino Design of Italy, a global leader in design and engineering, we aim to re-define electric scooters in the coming months. With foundation built on 'Thoughtful Engineering,' our upcoming scooters will sport a fresh and futuristic styling language, incorporating innovation and a purpose to offer a delightful ownership experience to our customers.”
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