3W EV fleet operator, 3eco Systems, and advanced battery-tech and deep-tech start-up, Log9 Materials, have announced a strategic collaboration to deploy 2,000+ InstaCharged heavy duty Shakti 8 Cargo (S8Ci) EVs across India over the next 18 months. The vehicles’ deployments will be initiated from Bengaluru, Hyderabad and Chennai and then extended to other metro cities. 3eco Systems claims that these Commercial Electric Vehicles (CEV) will be catering to e-commerce and hyperlocal logistics players such as Amazon, Flipkart, Big Basket, etc. 3eco Systems states that it and Log9 are on a shared mission of electrification and digitisation of the last-mile logistics segment. Their partnership will also aim to accelerate the setting up of fast-charging infrastructure across the cities of operations in the longer run.

Shakti 8 Cargo (S8Ci) EVs by 3ev Industries is an L5 CEV that has been designed to serve last-mile logistics use-cases. As per 3eco Systems, it comes with a range (on full charge) of 130 km and a payload capacity of 580 kg, besides having several other superlative high-performance features. InstaCharged by Log9's RapidX batteries, the cargo EV can be charged from 0 to 100 percent in less than 35 minutes.

3eco Systems states that In India, the last-mile logistics sector is anticipated to increase by 900 percent to $9 billion by 2025. This is largely driven by the e-commerce industry. For intra-city logistics, three-wheeler cargo vehicles are fast becoming a preferred choice for last-mile deliveries, with EVs winning in this segment due to lowest operating cost and highest efficiency, 3eco Systems states. And this is exactly where the collaboration between Log9 and 3eco Systems comes in and can prove to be a game changer, according to 3eco Systems.

Sharing his views, Peter Voelkner, MD, 3eco Systems, said, “3eco serves the widest list of enterprise customers as a dedicated EV fleet operator in India, currently with operations in Bengaluru, Hyderabad, Chennai, Coimbatore and Mumbai. We take a holistic approach to understanding the complete value-chain before we enter a market or customer engagement. We analyse the bottlenecks, operating challenges and other efficiency issues, then work with our strategic partners, like Log9 Materials, to design solutions for greater productivity based on our operating capabilities. After jointly optimising the services using our platform, we unlock substantial benefits for the customers and the communities in the form of higher cost savings and service improvement.”

3eco Systems claims that e-retail logistics is a growing industry that is solving the niche problems for India’s booming e-commerce players. Traditional logistics providers face challenges of offering comprehensive last-mile services for online retailers. According to 3eco Systems, this poses issues such as delayed deliveries, poor last-mile delivery management (particularly of returned items) and insufficient real-time tracking, among others. The partnership between Log9 and 3eco will be attempting to overcome these issues.

Speaking of the strategic partnership, Kartik Hajela, Co-founder and COO, Log9 Materials, said, “The last mile logistics sector has finally come of age and has started manifesting its impact on the Indian economy. With customers today flocking to e-commerce platforms for A to Z, the industry today calls for technologies that empower fleet operations to deliver on time, every time. Our RapidX batteries have earned their repute for the fastest charging batteries in India and have created a benchmark for safety across sectors. We are proud to see our RapidX batteries form an integral part of 3eco’s fleet operations and are certain that our rapid charging technology would ensure higher utilisation of the EVs across multiple use cases, thus creating a positive impact on the bottom line of partners, such as 3eco Systems.”

Karan Kadaba, Director, 3eco Systems, added, “At 3eco, our operations are managed and optimised for maximum utilisation over the day, often operating 1.5 shifts in a 24-hour period, which boosts the vehicles’ revenue generating potential. Our vehicles have smart electronics integrated with the 35-minute charging capability enabled by the RapidX Log9 batteries to give us maximum flexibility to optimise performance, utilisation and cost of operations. Our collaboration with Log9 will allow the customers to have complete advantage of 3ev’s top-tier performance in terms of range, acceleration, braking, as well as multiple points of telemetry for real-time tracking. Access to real-time and targeted data drives our consistent improvement to check all the sub-standard metrics and adopt positive outliers as system-wide best practices. We have plans to expand to eight more tier-1 and 2 cities over the next 12 months.”

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.

OPG Mobility (formerly Okaya EV) has appointed Ajay Dhiman as the new President – Chief Operating Officer (COO) and Chief Technology Officer (CTO) to lead its electric vehicle and EV components business.

In this strategic leadership role, Dhiman will be responsible for operations and technology functions spanning manufacturing, R&D, product development, quality, sourcing, supply chain and business strategy.

He joins OPG Mobility with over 20 years of experience in the automotive and EV sectors. He previously served as Senior Vice-President at Revolt Motors, where he is said to play a key role across CXO-level functions and was instrumental in accelerating product development and delivering high-quality electric mobility solutions. His career includes leadership stints at Honda, Renault-Nissan, Subros and Sonalika Group, contributing across two-wheeler, three-wheeler, and four-wheeler segments.

Anshul Gupta, Managing Director, OPG Mobility, said, “We are delighted to have Ajay Dhiman join our leadership team at a pivotal moment in OPG Mobility's journey. As we step up our presence in the EV ecosystem, Ajay’s deep experience in product development and operations will be invaluable in scaling our EV and components business. His thorough knowledge of both legacy systems and new mobility technologies will drive value, innovation, and faster execution across our transformation journey.”

Ajay Dhiman, added, “It’s an honour to join OPG Mobility at such a transformative time. The brand’s vision of delivering inclusive and innovative electric mobility solutions aligns strongly with my passion for engineering excellence, innovative products and future-focused manufacturing. I look forward to working closely with the leadership and teams to strengthen our product pipeline, accelerate product innovation, strengthen our technological edge, enhance operational excellence, and scale solutions that support India’s evolving mobility needs. We aim to position OPG Mobility as a frontrunner in shaping India’s electric mobility revolution.”

The Maharashtra government has given rolled out the Electric Vehicle Policy 2025 for a period of five years (till 2030) with an estimated outlay of INR 19.93 billion.

The forward-looking policy aims to not only incentivise purchase of electric vehicles, but also aims to boost adoption and real-world usage.

As per the policy, certain EVs plying on highways will be given a toll waiver, EV charging infrastructure strengthened with an ambition have charging facilities every 25km on the national highways.

Electric two-wheelers, three-wheelers, private four-wheelers, state transport corporation buses, private buses and transport undertaking under civic bodies will get concession of 10 percent on purchase of an EV on the original cost. For goods carrying three-wheelers, four-wheelers and electric tractors will be eligible to a concession of 15 percent.

The government has also waived off registration fee on EVs. Lastly, electric four-wheelers and buses will also get toll exemption on Mumbai-Pune Expressway, Atal Setu, Samruddhi Mahamarg, along with 50 percent concession on state and other national highways.

Devendra Fadnavis, Chief Minister of Maharashtra, said, "The state government has approved a new Electric Vehicle (EV) policy, under which passenger EVs will be given subsidies. EV manufacturing and their use should increase in the state."