Altigreen Inaugurates New Retail Experience Centre In Pune, India
- By Juili Eklahare
- November 12, 2022

Altigreen, a commercial electric vehicle maker, inaugurated its latest retail experience centre in Hadapsar, Pune on Friday. This is the company’s eighth retail dealership in India in a span of two months. As per the company, the experience centre will allow EV enthusiasts to access Altigreen’s range of electric cargo vehicles. Additionally, the commercial electric vehicle maker claims that its electric 3W offering, neEV recently achieved the feat of completing a 150+ kilometre intercity drive, between two places in Karnataka – Mysore Palace and Bangalore Palace – on a single charge, in about six hours.
For the partnership, Altigreen opted to go with Jubilant MotorWorks, a dealer partner for Audi and MG Motor. The Altigreen-Jubilant MotorWorks showroom in Pune was launched at the hands of Rashmi Urdhwareshe, President at SAEINDIA and Former Director, ARAI.
Speaking on Jubilant Motorworks’ partnership with Altigreen, Amit Jain, CEO, Jubilant Motorworks, said, “It’s a momentous occasion for us to partner with Altigreen in chiselling the future of mobility in the country. We are aligned with the recent e-mobility trends and already see a massive potential driven by the nation’s agenda of electrification. We are extremely happy to be able to introduce eco-friendly mobility and a sustainable future into our business fabric. We introduce the full range of Altigreen’s premium quality vehicles for the first time in Pune at Jubilant Motorworks’ facility in Hadapsar.”
“We were one of the early movers during the onset of EVs in India,” Jain further cited and continued, “The adaptability today is something we saw coming. Altigreen has a value system we believe in, and we create deep and long-lasting relationships.”
According to Altigreen, every element of the dealership has been designed to lend a welcoming feel, especially to all those walking in, including autorickshaw drivers, small business owners and people from all walks of life. The company intends to ensure that the dealership reflects Altigreen’s ethos of respect and empathy, and its endeavour to gain the trust of consumers through transparent dialogue.
At the inauguration, Dr Amitabh Saran, Founder and CEO, Altigreen, said, “With the launch of this new retail experience centre in Pune, we are steadily building a strong nationwide network to cater to the rising demand for commercial EVs in the country. For now, Maharashtra is the only state where we now have two retail experience centres. As a homegrown company, we take great pride in delivering Made-in-India products. We are investing significantly to strengthen our production and R&D capabilities while developing a robust pan India distribution network to offer the best and cleanest last-mile transportation. We are happy to continue our partnership with Jubilant Motorworks, now in Pune as well, and deliver world-class products in multiple vehicle categories.”
Sharing his views more in depth, Dr Saran asserted, “Whenever we do any of our dealerships, it’s not just about the vehicle, but giving respect to the customers / auto drivers as well – which we all usually tend to give only if there’s a strike. When we started looking at this space, we thought that it must be something that can compete with what’s on the roads. In a country like India, where diesel vehicles, ICEs, etc. have been doing a fabulous job, the EVs have to be at least as good as them. The idea is to ensure that no matter in what capacity we are doing this, there should be a pride of ownership.”
Urdhwareshe, who was the chief guest at the event, put across her thoughts, too, in terms of EVs and Altigreen’s journey. She averred that EVs is a different segment and serves a very important purpose in addressing the transportation needs of the urban, rural areas and more.
“I have seen the struggle they have been through, finally arriving at a product that is fit to rock the market,” she went on to say and continued, “I can see that the product is really clean in nature. I am also very happy that Altigreen decided to position in the three-wheeler segment. Moreover, for the three-wheeler segment, the cost of ownership holds the most significance.”
Highlighting her thoughts on the Altigreen-Jubilant MotorWorks partnership, she expounded, “Having three-wheelers and their commitment to green mobility is very unique. Jubilant MotorWorks and Altigreen have excellent commitment to it.” She further addressed the audience saying that she would like to appeal to them to share their experiences with the transport authorities, so that it will encourage other users to shift to electric mobility.
While at the inauguration, several customers were also invited up on the dais, who were given keys to Altigreen’s electric three-wheeler.
Hero MotoCorp’s Vida To Introduce Battery-as-a-Service Model To Disrupt Electric Two-wheeler Segment
- By MT Bureau
- June 18, 2025

Vida, the electric two-wheeler brand of Hero MotoCorp, aims to disrupt the electric two-wheeler segment with the introduction of a subscription-based Battery-as-a-Service (BaaS) model. This move is expected to make electric mobility more affordable, with the fine details set to be announced on 1 July 2025.
The company shared that in addition to a flexible ‘pay-as-you-go’ ownership model, the BaaS subscription solution will significantly reduce the upfront ownership cost, making EVs more affordable and accessible to a wider customer base. Customers will be able to get separate finance options for the scooter chassis and battery, reducing significant upfront capital expenditure into manageable monthly payments.
Under the new business model, Vida customers will have greater flexibility for their monthly payments, along with access to over 3,600 fast-charging stations and more than 500 service points in over 100 cities.
- Oben Electric
- Oben Rorr
- Oben Rorr EZ
- Sharda Family office
- Kay
- Helios Holdings
- Series A
- Madhumit Agrawal
Oben Electric Raises INR 500 Million In Extended Series A Round
- By MT Bureau
- June 18, 2025

Bengaluru-based electric vehicle startup Oben Electric has raised an additional INR 500 million in May 2025 through an extended Series A funding round led by existing investors Helios Holdings, Sharda family office, Kay family and other new and existing investors.
With this, the company has raised INR 1 billion in Series A and overall INR 2 billion in funding. The funding will be used towards expanding the company’s dealership presence to over 150 showrooms in more than 50 cities this fiscal, accelerating development of its 'O100' affordable e-motorcycle platform and scaling up its manufacturing operations.
Sandesh from Sharda family office, said, “Oben Electric had the right technology, product market fit and growth indicators. They are operating in an untapped large market opportunity with multi-fold revenue growth QoQ, the feedback of the electric motorcycle was great and their vertical integration of critical EV components, including LFP battery, motor and vehicle control unit is a key differentiator. We were also impressed by the maturity of the founders which is required to build such a large & complex business and believe that they would be successful in building the first global electric motorcycle brand from India.”
At present, Oben Electric already has 37 retail outlets across 26 cities in 13 states, entering key markets like Punjab, Gujarat, Madhya Pradesh, Telangana, Uttar Pradesh, Chhattisgarh and Odisha.
Madhumita Agrawal, Founder & CEO, Oben Electric, said, “The extended Series A funding is a strong vote of confidence from our investors and comes at a time when our momentum is accelerating nationwide. We’re expanding not just our retail footprint but also our innovation roadmap with platforms like O100 that aim to democratise electric motorcycles for the mass market. Backed by full vertical integration and a resilient supply chain, this funding prepares us for a new phase of scale, impact, and growth opportunities.”
The EV start-up claims to be an R&D-led, vertically integrated company, designing and manufacturing not just e-motorcycles but also all critical components, including batteries, motors, vehicle control units and home fast chargers. It currently has over 500 member team, 100,000-units-per-year manufacturing facility in Jigani, Bengaluru, over 150 vendors. It tests its e-motorcycles over 200 performance parameters and is supported by more than 68,000 public charging stations and over 10 ecosystem partners for insurance, financing and roadside assistance.
The Oben Rorr e-motorcycle line-up starts at INR 99,999 for the Oben Rorr EZ, which can go from zero to 40 kmph in 3.3 seconds, top speed of 95 kmph and a range of up to 175 km (IDC) across three battery variant. On the other hand, the Oben Rorr, its flagship product is designed for high performance. Both EVs are powered by high performance LFP (Lithium Iron Phosphate) battery technology.
Going forward, the EV maker aims to further raise USD 30 million in Series B in CY2025 to expand its presence globally.
Bajaj Auto Launches Chetak 3001 E-Scooter At INR 99,990
- By MT Bureau
- June 17, 2025

Bajaj Auto, the world's leading two and three-wheeler manufacturer, today announced the launch of the Chetak 3001, an advanced iteration of its popular Chetak 2903 electric scooter at INR 99,990. Built on the same cutting-edge EV platform as the highly successful Chetak 35 Series, the new Chetak 3001 boasts floorboard-mounted 3.0 kWh batteries, promising an enhanced riding experience with improved stability, increased storage and extended range.
Designed for Real Life: Key Innovations
The Chetak 3001 introduces several significant upgrades aimed at the everyday Indian rider:
- New Floorboard Battery Architecture: This design offers superior stability, more foot room and a lower centre of gravity for a more comfortable and mature ride.
- Class-Leading 127 KM Range: Certified for extensive distances, making it ideal for daily commutes and weekend excursions.
- Massive 35L Boot Space: Ample storage for essentials, from helmets to shopping bags.
- Rapid Charging: A 750W charger enables zero to 80 percent charge in just 3 hours 50 minutes, positioning it among the fastest in its category.
The Chetak 3001 integrates optional TecPac Features for a smarter ride, including call accept/reject, music control, Guide Me Home lights, Hill Hold Assist, reverse light and auto-flashing stop lamp.
True to Bajaj's legacy, the Chetak 3001 is engineered for durability and the diverse Indian conditions:
- Solid Steel Metal Body: The only metal-bodied EV in its class, ensuring robustness.
- IP67 Rated Water Resistance: Providing protection against monsoon rains and splashes.
- Trusted Heritage: Manufactured by Bajaj Auto, backed by a legacy of quality and a vast network of over 3,800 service centres across India.
Eric Vas, President, Urbanite Business Unit, Bajaj Auto, said, "Chetak 3001 sets the benchmark for mass adoption of electric scooters. Built on the next-generation platform, it delivers the range and performance that Indian scooter riders demand – distraction-free riding with the peace of mind of assured reliability and service. The Chetak 3001 is the everyday electric scooter to make petrol scooters redundant; its bigger, stronger and fully Lifeproof at an ex-showroom price of INR 99,990."
Riding on a wave of innovation, Bajaj's Chetak series concluded Q4 FY2025 Q4 as India's top-selling electric scooter. The 35 Series, spearheaded by models like the 3501 and 3502, has already redefined the EV landscape. The Chetak 3001 is set to continue this momentum, embodying a blend of advanced technology and the brand's enduring heritage.
- Ultraviolette Automotive
- F77 Mach 2
- F77
- F77 Superstreet
- Narayan Subramaniam
- Niraj Rajmohan
- Bosch
- Violette A.I.
Ultraviolette Expands European Presence With Launch of F77 Motorcycles In Paris
- By MT Bureau
- June 16, 2025
Bengaluru-based electric vehicle manufacturer Ultraviolette Automotive has made a striking statement today with the European launch of its flagship performance motorcycles, the F77 Mach 2 and F77 SuperStreet, at a special event held in front of the Eiffel Tower. This move into the French market, following a successful debut in Germany, underscores Ultraviolette's ambitious drive to become a significant global player in the electric vehicle segment. With this the EV maker has established its presence in 10 European countries such as Germany, France, UK, Ireland, Austria, Italy, Switzerland, Belgium, Netherlands and Luxembourg.
The F77 Mach 2 boasts a race-bred design, promising a dynamic and aggressive ride, while the F77 SuperStreet offers a more upright posture and refined ergonomics, prioritizing rider comfort without sacrificing performance.
Narayan Subramaniam, CEO & Co-Founder, Ultraviolette, said, “The launch of the F77 in Germany, France, the UK and other European countries is a defining moment for Ultraviolette and a landmark achievement for India’s automobile landscape. This launch signifies Ultraviolette’s entry into Europe’s most influential two-wheeler markets and underlines our intent to be a global force in the electric mobility revolution. As an Indian company, we are proud to bring futuristic design and cutting-edge technology to the world. This is a moment of global recognition for the talent and capability within India’s engineering and manufacturing ecosystem. Through our strategic distributor partnerships, we are not only expanding into Europe but also delivering a world-class ownership experience that reflects the best of what India has to offer.”
Both F77 models are capable of accelerating from 0 to 60 kmph in a mere 2.8 seconds. Powered by a 10.3 kWh battery pack, they deliver a peak power output of 30 kW and a staggering 100 Nm of torque, enabling swift acceleration and agile handling with a top speed of 155 km/h. These advanced motorcycles are equipped with Ultraviolette’s proprietary artificial intelligence system, Violette A.I., and industry-leading switchable Dual-Channel ABS developed by Bosch. Further enhancing the riding experience are features like 10 levels of Regenerative Braking, 4 levels of Traction Control and Dynamic Stability Control.
Niraj Rajmohan, CTO & Co-founder of Ultraviolette, added “This isn’t just the introduction of motorcycles into new markets, it’s the global unveiling of years of relentless research, engineering, and innovation, born in India. We set out with a bold ambition to build the most advanced electric motorcycle in the world. Today, we are delivering that vision to international customers. The F77 is the result of deep in-house R&D, rigorous testing, and an unwavering commitment to pushing the boundaries of performance, innovation, safety, and design. For India, this milestone represents not just our ability to participate in the global EV transition, but to lead it with technology that competes at the highest level."
To celebrate the European launch, Ultraviolette is offering a special introductory price for all pre-bookings made up to 31 July 31 2025. The F77 Mach 2 will be available starting at EUR 8,990 (regular price: EUR 9,990), and the F77 SuperStreet will be priced from EUR 9,290 (regular price: EUR 10,390).
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