Bengaluru-based electric vehicle charging solution start-up Flextron has launched FlexStack, a made-in-India rapid-charging technology that is set to transform the EV experience for two-wheelers.

The start-up claims that FlexStack offers 10-minute rapid charging allowing EVs to charge at an impressive speed of 6km per minute, reaching 80 percent charge in just 10 minutes. This scalable solution provides fast charging with Battery-As-A-Service (BAAS), offering a seamless, low CAPEX solution.

FlexStack's innovative design it claims reduces charging downtime by 95 percent, increasing end-user productivity by 30 percent, which in turn boosts fleet operators' subscriptions. This it states is an ideal solution for fleet owners looking to enhance efficiency and increase the vehicle uptime. FlexStack can be integrated with existing EVs at a minimal retrofit cost, eliminating the need for additional battery swapping docks for EVs. The start-up says it can customise the batteries between 48V to 72V to meet different vehicle architecture, enabling multiple OEMs to adopt the technology and provide a competitive edge.

With a capacity of 2.5 kW and 50 AH at 52V, FlexStack charges from zero to 80 percent in just 10 minutes, and comes with a 3-year standard warranty, with an option to extend for an additional 2 years. The system utilises advanced liquid cooling technology for optimal performance and durability, with LFP (Lithium Iron Phosphate) battery chemistry ensuring safety and longevity.

The start-up is also introducing a subscription-based model, starting at an introductory price of INR 2,400 per month, offering unlimited charging. This approach reduces upfront capex on the fleet operators and end users, making rapid charging more accessible and supporting widespread adoption of electric mobility.

Ameen Khan, CTO, Flextron said, “At Flextron, we take immense pride in our commitment to support the ‘Make in India’ initiative. Our battery packs are built with locally manufactured cells, making us one of the early adopters of an entirely homegrown fast-charging battery system for electric two-wheelers. By introducing Battery-as-a-Service (BaaS) and enabling rapid charging within just 10 minutes, we’re redefining the electric vehicle experience for EV Users. This innovation is poised to address the long-standing challenge of charging time.”

As part of its expansion strategy, Flextron aims to deploy 100 FlexGrid chargers in the next 90 days, to enable rapid charging in just 10 minutes with Flexstack, which provides 80-90km range. The chargers the company shares are priced competitively, being significantly less expensive than other GBT/CCS2 - DC chargers.

In comparison to a battery swapping station, the cost of FlexGrid chargers is said to be just one-third and also does not require grid upgradation.

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."