Abdul Latif Jameel, an independent, family-owned, diversified global investor and operator has announced its commitment to invest in Greaves Electric Mobility. Jameel has committed to invest up to $220 million [INR 1700 crores] in Greaves Electric Mobility, marking one of the largest investments in the Indian two-to-three-wheeler space to date. Abdul Latif Jameel will initially invest $150 million [INR 1160 crores] for a 35.8 per cent fully diluted stake in the company making it the second-largest shareholder in Greaves Electric Mobility. 

Greaves Electric Mobility is a subsidiary of Greaves Cotton Ltd, and offers affordable, cleaner alternatives with credible technology stack and after sales support for personal mobility that are accessible to communities in India. Furthermore, the company has emerged as one of the fast-growing EV brands in the country, with retail sales of Greaves Electric Mobility standing at over 62,000 vehicles for the financial year 2022, which is a 128 per cent increase from the previous year,the company said in a release. 

This venture is anticipated to accelerate Greaves Electric Mobility’s transition into the next phase of growth. In addition, it will also help in enhancing the competitiveness of the company in terms of product and market reach, it said. 

Hassan Jameel, Deputy President and Vice Chairman of Abdul Latif Jameel, said, “At Abdul Latif Jameel, we are proud to be investing in Greaves Electric Mobility at such a critical time for India’s EV market. Together, we are embarking on a long-term journey to deliver cleaner, more sustainable – and crucially affordable – transport options to India’s population, and beyond. This agreement aligns with our strategic priority of investing in mobility of the future, in addition to showcasing our joint commitment to making Greaves Electric Mobility competitive and its EV products available to communities in India and potentially other markets in the Global South.” 

The venture builds on Abdul Latif Jameel’s extensive global experience in the automotive market as one of the leading independent distributors of Toyota products for over 65 years. The Jameel Family, who owns Abdul Latif Jameel, are also early-stage investors and the third-largest shareholder of US electric vehicle manufacturer Rivian. The Family are also investors in other cutting-edge innovators such as US venture-backed aerospace company Joby Aviation through their global investment arm JIMCO. With the solid foundation of Greaves Cotton Limited’s 162-year heritage, Greaves Electric Mobility's mission is to help accelerate India’s transition to electrified mobility. 

Nagesh Basavanhalli, Managing Director and Group CEO, Greaves Cotton Limited, said, “This investment from Abdul Latif Jameel is an important step towards clean, sustainable and affordable mobility solutions truly accessible to much wider customer base. Through sheer hard work, innovation and by seizing opportunities presented by changing personal mobility preferences, we have emerged as one of India’s fast growing EV brands. With this investment, we will continue to deliver tangible value to our customers and shareholders alike.” (MT)

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Bengaluru-based electric vehicle maker Ather Energy has announced that the fourth edition of its community event, Ather Community Day, will take place on 29 August 2026 in Bengaluru.

On 29^th August, Ather Energy will unveil its first e-scooter built on its EL platform, marking its entry into the mass-market scooter segment.

The EL platform is a vehicle architecture designed for versatility, scalability and manufacturing efficiency. The upcoming scooter is intended to address the price segment of INR 100,000 to INR 125,000. In addition to the vehicle, Ather will showcase innovations in technology, charging and ownership systems.

In what can be seen as a further interesting development, Hero MotoCorp, which was amongst the earliest backers in the EV maker, has approved an investment of INR 10 billion in Ather Energy.

At present, Hero MotoCorp holds 29.48 percent stake in the company. The new investment will further see subscription to equity shares or other eligible securities, including compulsorily convertible preference shares and warrants to be issued by Ather Energy on a preferential basis.

Ather Community Day serves as an event for owners, enthusiasts and partners to view product developments and company strategy. The 2025 event, held on 30 August, hosted over 4,000 attendees and featured the unveiling of the EL platform, the Redux concept vehicle, fast-charging technology and AtherStack 7.0.

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Hindustan Petroleum Corporation (HPCL), one of the leading Oil Manufacturing Companies (OMCs), has conducted a series of inspections to monitor ethanol-blended petrol across its retail network.

Between 3 July and 13 July 2026, the company performed 1,385 regular field inspections, alongside 2,173 surprise inspections between 7 July and 13 July.

Additionally, HPCL’s Quality Assurance Cell completed 93 surprise inspections and 49 fuel samples were tested in mobile laboratories. According to HPCL, no irregularities, contamination, or issues regarding quality compliance were detected during these checks.

HPCL maintains a quality assurance system that includes field inspections, surprise checks and laboratory testing to ensure fuels meet specified standards.

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Kazam has introduced a seven-day programme to assist Charge Point Operators (CPOs) in connecting their existing networks to the Unified Bharat e-Charge (UBC) platform at no initial cost.

The initiative utilises Kazam’s Beckn Provider Platform to facilitate the onboarding of CPOs to the interoperability layer developed by the Ministry of Heavy Industries, BHEL and NPCI.

Unified Bharat e-Charge is designed to provide an open network that allows users to find charging stations, check availability, compare prices and manage payments through compatible applications. CPOs with OCPI-compatible systems can integrate their current management systems, applications, and pricing models into the network.

Akshay Shekhar, Co-Founder and CEO, Kazam, said, “India does not need every charging operator to build another consumer application. It needs every reliable charger to become accessible through an open and trusted network. Through this programme, we want to ensure that the cost of integration does not prevent capable CPOs from participating in Unified Bharat e-Charge. Kazam will provide the provider-side infrastructure so operators can connect their existing ecosystems without rebuilding them from the ground up.”.

Participating CPOs will receive support for network assessment, OCPI integration, protocol enablement, sandbox testing and transaction validation. By joining the network, operators can improve the discoverability of their charging stations while retaining control over their assets, pricing and customer relationships. Kazam is already live on the network, supporting transactions through BHIM and other participants.

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DRIVN and JBM Electric Vehicles (JBMEV) have signed a Memorandum of Understanding (MoU) to deploy 500 electric buses across India over the next year. The initiative aims to support the adoption of electric commercial vehicles by offering integrated leasing, financing, maintenance and charging solutions.

The initial rollout will prioritise luxury intercity coaches, allowing fleet operators to transition to electric vehicles without large upfront capital investment. The partners intend to explore further collaborations in segments such as school transportation, employee mobility and airport transit.

Alpna Jain, Co-Founder and Chief Business Officer, DRIVN, said, "Commercial fleet electrification requires an ecosystem that makes the transition both operationally seamless and financially viable. Our partnership with JBM Electric Vehicles combines technology leadership, EV ecosystem solutions and manufacturing excellence with an integrated leasing model to help fleet operators adopt electric buses with greater ease and confidence. By bringing together financing, fleet support and charging solutions, we are building a scalable pathway for accelerating commercial EV adoption across India."

Nishant Arya, Chairman, JBM Electric Vehicles, said, “India witnessed a growth of 40 percent in e-bus registrations in H1 CY2026 with 2,944 bus registrations across various states under the PM E-Bus Sewa and PM E-Drive schemes. This partnership with DRIVN comes in at an opportune time aptly complimenting the growing momentum in India’s e-bus deployment. At JBMEV, we believe that the transition to clean mobility must be both scalable and financially viable. By integrating our advanced electric bus technology with DRIVN’s innovative leasing and financing platform, this partnership is designed to unlock scalable adoption of e-mobility by addressing capital barriers and enabling a more sustainable, asset-light transition for fleet operators, corporates amongst others. This collaboration reinforces our commitment to building a future-ready, zero-emission mobility ecosystem while advancing India’s decarbonisation agenda.”

According to industry estimates, the Indian electric bus market is projected to reach USD 2.43 billion by 2030, with electric buses accounting for 4.5 percent of total bus sales in FY2026.

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