India Energy Storage Alliance (IESA), a leading industry alliance focused on the development of advanced energy storage, green hydrogen, and e-mobility technologies in India, is set to host the Bharat Battery Show at the 2^nd Bharat Mobility Global Expo 2025 led by Ministry of Commerce and Industry, scheduled from 17 January to 22 January, 2025 across three venues – Bharat Mandapam, Yashobhoomi (IICC) Dwarka, and India Expo Center & Mart, Greater Noida.

India aims to take a lead in electric vehicle battery manufacturing and advanced energy storage technologies. The country’s ambitious goal of 500 GW of renewable energy installation by 2030 requires a cutting-edge battery storage ecosystem. 

The Battery Expo aims to be India’s largest and most comprehensive event dedicated to the global mobility sector, showcasing the latest advancements in mobility solutions, with a special focus on sustainable and innovative technologies like advanced batteries, battery manufacturing, battery components, recycling & circular economy, charging infra, battery swapping.

IESA states as a key industry partner it has been entrusted to organise the Battery Tech Pavilion, Recycling Pavilion, and Charging Infra Pavilion under the umbrella of Bharat Battery Show. 

The event will be held at Pragati Maidan, New Delhi, from 19 January to 21 January, 2025. IESA expects more than 200 global players to showcase their battery and charging infra technologies during this event. Some of the key already confirmed companies include Amara Raja, Replus Engitech, Epsilon Advanced Materials, Advik Hitech, Amphenol FCI, Bry-Air (Asia), Elcom International, EMO Energy, HENN Indo Pacific, Maestrotech Systems, Neenjas Electric, Polyprotic Chemicals, Huge Hippo Energy, MNE components, Hioki, Glida, Ipower batteries, Molsynth and others.

Battery Tech Pavilion: A showcase of the latest advancements in energy storage solutions, featuring innovative battery technologies, from next-generation lithium-ion batteries to emerging alternatives such as solid-state and sodium-ion batteries. It will also showcase battery manufacturing, supply chain, raw materials, battery components and equipment’s among others.

Recycling Pavilion: A dedicated space for exhibiting state-of-the-art recycling technologies, focusing on sustainable practices in battery and second-life, circular economy, and highlighting India’s growing capabilities in this crucial sector.

Charging Infra Pavilion: This pavilion will demonstrate the latest developments in EV charging infrastructure, including ultra-fast chargers, smart charging solutions, charging software and grid integration technologies that are set to revolutionise the EV landscape in India.

Debi Prasad Dash, Executive Director, IESA said “We are thrilled to be an integral part of the Bharat Mobility Global Expo 2025, which is not just an event but a leading global platform that brings together the brightest minds and leading companies in the mobility sector. Our participation in this expo underscores our commitment to fostering innovation in battery storage and sustainable mobility. The battery tech, recycling, and charging infra pavilions will be a testament to India’s advancements in these critical areas and our readiness to lead the global mobility revolution.”

The Bharat Mobility Global Expo 2025 is expected to attract over 1,000 exhibitors and 5,00,000 visitors from more than 50 countries.

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."