- Elocity
- Blive
- Samarth Kholkar
- Prity Singh
BLive-India Joins Hands with Elocity-Canada
- by MT Bureau
- August 26, 2022

To advance electric mobility in India, Blive, India’s first multi-brand electric vehicle (EV) selling platform, joins hands with Elocity, a leading Canada-based pioneer EV charging solution. Both companies signed a Memorandum of Understanding (MoU) to partner deployment and support of smart EV charging networks in Indian and global markets.
BLive is currently present in 46 Indian cities and provides an omnichannel experience to its customers, with over 20 companies featured on its platform, including an online E-commerce store and premium experience outlets all over India. BLive is rapidly growing its presence across India, reaching 100 premium Multibrand Stores by 2024, offering E-Scooters, E-Cycles, Delivery Ebikes, and many other distinctive form factors to forward its objective to accelerate the adoption of EVs.
Elocity operates in nine nations across four continents, with its engineering headquarters in India. Their entire product line is for the Indian market under "Make in India," with technical expertise across the globe. Elocity solves technical and business challenges around interoperability, data privacy, payment processing, and security for better and faster EV adoption. Through the use of its HIEV technology, Elocity connects the EV charging ecosystem digitally to generate value, encourage improved demand management coordination, and improve the EV charging experience for EV drivers.
Samarth Kholkar, CEO and Co-founder of BLive, said, “With Elocity, we are expanding our network and services to more Indian and global markets. We are committed to easing the transition to EVs for everyone involved in the EV ecosystem, including companies and end-users. One of the most crucial ways to encourage EV adoption in India, in our opinion, is to make EV charging easy to reach and use.”
Prity Singh, Elocity’s Managing Director for India, said, “Elocity is laser-focused on innovating to solve the most pressing concerns in the EV charging space”. She went on to add to her point by saying that working with BLive demonstrates our commitment to developing and expanding the EV ecosystem in India. She continued by mentioning that Elocity is currently working with numerous prestigious businesses and governmental institutions in India, North America, as well as other parts of the world. To maximize advantages for all parties, we'll keep working with a vast spectrum of technological specialists, businesses, governmental organizations, and EV users. In order to solve the concerns of knowledge, accessibility, and cost for EV customers, integrating our EV charging solutions with the BLive digital store system is crucial. The entire EV charging ecosystem is already connected owing to our integrated charging hardware and software solutions, and EV drivers will benefit from this cooperation.
Potential EV buyers currently do not have access to a wide range of brands, finance, insurance, and charging alternatives because there are no walk-in stores for all-inclusive options. The key to enhancing the EV drivers' experience and the feasibility of the EV charging business model is Digital stores and a great EV user charging experience. Blive EV store, an omnichannel store with top EV brands, a community of EV experts, and fantastic offers, solves this issue.
By establishing a strong Elocity-charging powered network in India and the rest of the world to hasten EV adoption, the BLive and Elocity relationship is essential in assuring a sustainable EV future.
- JSW MG Motor India
- MG Windsor EV
- MG Windsor Pro
MG Windsor Pro With Higher Range & Updated Tech To Be Launched On May 6th
- by MT Bureau
- May 02, 2025

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.
- Wardwizard Innovations & Mobility
- Joy e-bike
- Joy e-rik
- Yatin Sanjay Gupte
Wardwizard Maintains Profitability in FY25 Despite Revenue Decline, PAT at INR 63.6 Million
- by MT Bureau
- May 01, 2025

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.
- Ajay Dhiman
- OPG Mobility
- Okaya EV
- Subros
- Honda
- Renault
- Nissan
- Sonalika Group
- Anshul Gupta
OPG Mobility Appoints Ajay Dhiman As President, COO & CTO To Lead EV Business
- by MT Bureau
- May 01, 2025

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.”
- Maharashtra Electric Vehicle Policy 2025
- Devendra Fadnavis
- subsidies
- incentive
Maharashtra Government Announces INR 19 Billion EV Policy 2025 To Drive Green Vehicle Adoption
- by MT Bureau
- April 30, 2025

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."
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