Altigreen Launches neEV Tez In Partnership With Exponent Energy
- By MT News
- January 10, 2023
Altigreen, in collaboration with Exponent Energy, has launched a new variant of its three-wheeler cargo EV, neEV – the neEV Tez. Exponent Energy is an energy start-up that aims to simplify energy for EVs.
NeEV Tez has been launched keeping all business owners in mind, from those owning a single vehicle to an aggregator of 1000s of vehicles in the logistics space. Altigreen states that the aim is to deploy 2000 neEV Tezs as part of the first phase of commercialisation in Bengaluru, India. Exponent will deploy at least 100 e^pumps in every city that it operates in, starting with Bengaluru.
Featuring a 8.2kWh e^pack, a proprietary battery by Exponent built using regular LFP cell chemistry, neEV Tez delivers a 98-kilometre range (ARAI certified) and city drive range of 85 kilometres. Altigreen claims that the cargo EV charges from 0 to 100 percent in 15 minutes at Exponent’s e^pump charging network, making it the world’s fastest charging electric vehicle.
neEV Tez starts at a price point of INR 35.5 billion, with a vehicle warranty of five years/100,000 lakh kilometres and an unprecedented battery warranty of five years/156,000 kilometres. Earlier, in August 2022, Altigreen and Exponent Energy had announced their partnership aimed at making rapid charging a reality for electric vehicles on Indian roads. According to Altigreen, neEV Tez is the first product to emerge out of this partnership, featuring Exponent’s proprietary liquid-cooled battery that delivers an industry-first performance of 0-100 percent charge within 15 minutes. This is achieved by the e^pump delivering 600A of current to the e^pack (15 times the industry standard) while managing individual cell characteristics – including thermals. Altigreen states that this helps ensure safety, long battery life and performance consistency even at 50 degrees Celsius. The unprecedented warranty on the battery has been offered with 3000 fast-charge cycles tested, as per Altigreen.
Sharing his views, Dr Amitabh Saran, Founder and CEO, Altigreen, said, “neEV Tez will ensure maximum utilisation of the vehicle, owing to its long range and low charging time, thereby resulting in more trips on a single charge and high earnings opportunity. While consumers acknowledge that EVs offer a smoother driving experience, some have doubts arising from the myth of EVs being unpredictable and unreliable. For cargo businesses, this can be a potential hindrance in the business, forcing a cap on the delivery jobs one can take. Traditionally, the root cause of this anxiety has been attributed to range and prolonged charging time. The game-changing neEV Tez finally offers a new and robust solution with its 15-minute full charge capabilities. So the next time a consumer asks us, ‘Kitna chalti hai?’, we’d like to tell them, ‘Chaltie rehti hai!’
Putting across his views, Arun Vinayak, Co-founder, Exponent Energy, said, “We're proud to launch the world's fastest charging three-wheeler, the neEV Tez, in partnership with Altigreen. While the neEV series already has best-in-class volumetric load capacity and ground clearance, the neEV Tez, with a 15-minute full charge and 3000 cycle life warranty, is an unbeatable proposition. Beyond everything, mobility is about freedom and that’s what neeV Tez stands for. Along with the e^pump network, customers will experience unmatched flexibility and freedom to do more, earn more and keep going."
Avore Electric Launches EX Electric Motorcycle Series Starting At INR 124,999
- By MT Bureau
- July 28, 2026
Ahmedabad-based electric two-wheeler brand Avore Electric launched its first electric motorcycle – the Avore Electric EX at prices starting at INR 124,999 (ex-showroom).
The e-motorcycle is available in three variants – the EX 2S, EX 2 and EX 1. The model range was developed over three years using the company's indigenous AVORE Source technology stack and AVR vehicle platform. The development process involved over 120 intellectual property filings across nine vehicle systems, including the battery management system, motor controller, onboard charger and operating system.
The EVs use a rare-earth-free Permanent Magnet Synchronous Motor (PMSM) with peak power output ranging between 7.5 kW and 10.5 kW depending on the variant, while all three models produce 250 Nm of peak wheel torque.
The EX 2S attains a claimed top speed of 114 kmph, whereas the EX 2 and EX 1 reach top speeds of 100 kmph. The powertrain utilises an integrated motor and swingarm structure to manage chassis balance and weight distribution.
The EX 2S and EX 2 carry IDC-certified range ratings of 260 km and 255 km respectively, while the EX 1 carries an IDC-certified range rating of 160 km. All variants include a 1500W onboard charger compatible with standard 5A and 15A domestic sockets, charging the battery from 20 per cent to 80 percent in two hours and reaching a full charge in a claimed four hours. The battery pack is homologated by NATRAX, and the battery management system is validated by ICAT.
Software systems integrated into the platform include the AVORE SENSE operating system, an artificial intelligence (AI) companion named Avore Synapse and an automatic manual gear mode. The platform complies with AIS 156 and AIS 038 safety standards and underwent 100,000 km of road testing alongside 2,500 hours of dynamometer testing prior to commercial introduction.
Priyank Rakholiya, Founder, Avore Electric, said, "We dedicated three years to research, development, testing, and validation before the launch of the EX so as to ensure class-leading engineering and innovation. We are ensuring global-levels of safety and performance, while pushing the frontiers of Indian-developed electric mobility technology stacks that deliver reliability, consistency, and economic viability. Our goal is to improve adoption and accessibility to world-class electric mobility solutions for every Indian and we are confident that the EX is just the start of our journey towards that direction."
Bookings for the EX series have opened on the manufacturer's website at an initial reservation amount of INR 799, with customer deliveries scheduled to begin in two months. The battery pack is supplied with a 5-year or 60,000 km warranty.
Energy In Motion Partners HPCL To Deploy EV Charging And Battery Swapping Infrastructure
- By MT Bureau
- July 27, 2026
Energy In Motion, a provider of integrated electric mobility solutions for long-haul freight transportation, has executed an agreement with Hindustan Petroleum Corporation to establish and operate charging and battery swapping infrastructure for heavy commercial vehicles at retail outlets across India.
As per the understanding, Energy In Motion will deploy swap-and-charge hubs on freight corridors including Mumbai–Pune, Delhi–Jaipur and Chennai–Bangalore over the next 18 to 24 months. These stations will support vehicles such as the Ashwa 55-tonne e-tractor, providing battery exchange capability in 7 minutes.
Energy In Motion manages battery inventory and hardware, while Hindustan Petroleum Corporation provides space and utilities across its network of over 25,000 retail outlets.
Narendra Murkumbi, Managing Director, Energy In Motion, said, “Charging infrastructure succeeds or fails on reliability. Working with HPCL allows us to place charging and swapping where drivers already stop – sites with power, space, amenities, safety systems and staff on duty. Combining our battery and fleet expertise with HPCL’s nationwide retail network lets us build dependable swap-and-charge hubs on the corridors that carry India’s freight and to do it at the pace the transition demands.”
Hero MotoCorp’s VIDA Debuts In Nepal
- By MT Bureau
- July 27, 2026
Hero MotoCorp's electric mobility brand, VIDA, has made its international market entry into Nepal through a partnership with CG Motors.
The launch was announced by Kausalya Nandakumar, Chief Business Officer, Emerging Mobility Business Unit, Hero MotoCorp and Nirvana Chaudhary, Managing Director, Chaudhary Group.
The introduction features the VIDA VX2 Evooter range – comprising the VX2 Plus and VX2 Go variants – alongside the VIDA DIRT.E K3 youth off-roader. The VX2 Plus features a 4.4 kWh setup, delivering a 140 km range and a top speed of 90 kmph, while the VX2 Go uses a 2.2 kWh battery with a 75 km range. The DIRT.E K3 is an electric off-roader equipped with a 350W motor and app-based parental controls.
Kausalya Nandakumar said, “This launch marks a proud and defining moment as VIDA goes global. We are thrilled to take the very best of our engineering and design capabilities beyond India, starting with Nepal, a strategically crucial market where riders are quickly adopting smart electric mobility. The VIDA VX2 EVOOTER range and the VIDA DIRT.E K3 are built to redefine the future of mobility, and through our collaboration with CG Motors, we are ensuring that the Nepalese customers have access to premium, reliable, and technologically advanced riding experience.”
Nirvana Chaudhary added, “The entry of VIDA perfectly aligns with Nepal's shift towards sustainable mobility. By offering advanced electric products & solutions tailored for both, everyday commuters and the next generation of riders, this product launch redefines our two-wheeler landscape. CG Motors is proud to strengthen its partnership with Hero MotoCorp and partner with VIDA to drive our nation's green transition forward."
- EKA Mobility
- Dr. Hussein Ali Mwinyi
- Zanzibar
- Global Rapid Transport
- Zanzibar Social Security Fund
- Vijay Yelne
EKA Mobility’s E-Buses Flagged Off In Zanzibar
- By MT Bureau
- July 24, 2026
Pune-headquartered electric commercial vehicle manufacturer EKA Mobility has announced that Dr. Hussein Ali Mwinyi, President of Zanzibar, recently flagged off 15 EKA Mobility electric buses in Zanzibar. The commercial operations for the e-buses is scheduled to begin on 1 August 2026.
The deployment forms part of an initial order of 35 e-buses, with the fleet expected to expand to 150 units by the end of the year.
EKA Mobility is collaborating with Global Rapid Transport and the Zanzibar Social Security Fund to train local personnel in vehicle operations, maintenance and safety systems.
Vijay Yelne, President – Export Marketing & SCM, EKA Mobility, said, "The launch of Zanzibar's first electric bus fleet is a strong validation of EKA's technology and our ability to deliver world-class electric mobility solutions beyond India. It demonstrates that products designed and manufactured in India can successfully meet the evolving mobility needs of international markets. This is another step in taking Indian engineering to the world, and we see Africa as a key growth market in EKA's global expansion journey."

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