- Tesla
- geopolitical situation
- US
- Elon Musk
- China
- BYD
- price decrease
- electric
- EV
- performance
- passenger vehicles
- revolutionary
- charging
- technology
BYD Slashes Vehicle Prices; Launches Revolutionary EV Charging System
- By MT Bureau
- March 19, 2025
With Tesla facing some difficulty due to the geopolitical situation concerned US and its owner, Elon Musk as the man close to US President Donald Trump, it is China’s BYD that has announced lowering of prices of its electric performance passenger vehicles. According to a report in Yahoo News, buyers of BYD electric vehicles will have to spend no more than US$ 10,000 to acquire one for themselves. Not only undercutting domestic competitors BYD seems to be gearing up to undercut its global competitors like Tesla as well.
Besides announcing that its EVs will start at US$13,688 and feature ‘God’s Eye’ advanced driver assistance system as standard, BYD has also announced a revolutionary charging technology that works nearly as fast as a fill up. The ultra-fast EV charging system includes flash-chargers that can provide a full charge for its latest EVs within five to eight minutes. The time taken is similar to the amount of time needed to fill a fuel tank of an ICE vehicle.
Planning to build more than 4,000 new charging stations across China, the electric vehicle maker has been refining its battery and energy storage technology over time. Expanding its auto empire outside China, the company is known to claim that its one-megawatt flash chargers will provide power for up to 400 km in five minutes.
BYD founder Wang Chuanfu is known to have said in a recent statement that ultra-high voltage and a large current are required to maximise charging speeds. To completely solve users' anxiety over charging, our pursuit is to make the charging time for EVs as short as the refueling time for fuel vehicles, he elaborated.
Its flash-charging system relies on silicon carbide power chips with voltage levels of up to 1,500-volt. Developed in house, the system works to ultra-fast charge the Blade lithium-ion phosphate batteries found in BYD vehicles. The Blade battery technology of the Chinese company is considered to the world's safest and most efficient. Even Tesla is said to have taken to use blade batteries in some of its EVs, acknowledging its benefits over other battery technologies, sources in the EV industry claim.
BYD reported a sale of over 4.3 million new energy vehicles last year, up 41 percent when compared to the sale of 1.8 million battery electric vehicles and 2.5 million plug-in hybrids in the corresponding period the year prior.
In India, BYD unveiled the Sealion range of performance electric cars in January 2025 at the Bharat Mobility Global Expo 2025. It has been steadily expanding its reach in the country’s growing EV market, which is dominated in the passenger vehicle space by players like Tata Motors, JSW MG Motors and Hyundai Motor India among a few others.
Renault Group Assumes Full Control Of Flexis SAS Electric Van Joint Venture
- By MT Bureau
- February 23, 2026
Renault Group has entered into a binding agreement to assume complete control of Flexis SAS, the electric van joint venture it originally co-founded with Volvo Group and CMA CGM Group in 2024. The deal, which is contingent upon clearance from antitrust authorities, will see Renault acquire the 45 percent and 10 percent stakes currently held by Volvo Group and CMA CGM Group, respectively. This transaction is anticipated to be finalised by the middle of 2026.
The restructuring of ownership is not expected to alter the core mission or the strategic direction of the project. The venture remains dedicated to the creation of a new generation of fully electric light commercial vehicles, incorporating advanced technological features. The development timeline remains on track, with production slated to commence by the end of 2026. The initiative is built upon a robust technological foundation, including a unique skateboard platform, 800-volt motor technology and a software-defined vehicle architecture. These innovations are specifically designed to meet the evolving demands of urban logistics and support the urgent need for decarbonisation in the sector.
Renault’s teams are fully committed to advancing this ambitious undertaking. The project is a significant employer in France, engaging nearly 1,300 personnel across several key locations. These include engineering hubs in the Île-de-France region, such as the Guyancourt Technocentre and the Villiers-Saint-Frédéric Light Commercial Vehicle Center of Excellence, with the manufacturing process set to take place at the Sandouville plant in Normandy. The first model from this new range, the Renault Trafic Van E-Tech electric, is scheduled for release in late 2026.
Volvo Group, through its Renault Trucks brand, will continue its longstanding partnership with Renault by distributing these new vehicles starting in 2027. CMA CGM Group, for its part, expressed its satisfaction in having played a crucial role in nurturing the project during its foundational phase, reinforcing its commitment to supporting the energy transition.
OPmobility Secures Contract To Supply 1 Million Battery Packs For Hybrid Vehicles In North America
- By MT Bureau
- February 20, 2026
French automotive supplier OPmobility has been awarded a contract to supply a global Original Equipment Manufacturer (OEM) with 350V battery packs for future Hybrid Electric Vehicle (HEV) models in North America. The agreement stipulates the delivery of over 1 million battery packs over the duration of the contract.
This award marks the expansion of OPmobility’s electrification business into the passenger car segment. Previously, the company’s battery activities focused on heavy-duty mobility, including buses, trucks and trains.
The battery packs will utilise Nickel Manganese Cobalt (NMC) cell technology. OPmobility will be responsible for the engineering and delivery of the complete system, comprising: the battery case, battery cells and the Battery Management System (BMS).
To fulfil the order, the Group will extend its existing production facility in Anderson, United States.
The contract aligns with the trend toward hybridisation in the automotive industry. OPmobility currently supplies both pressurised fuel tanks and battery packs, allowing for the optimisation of energy storage across Hybrid Electric (HEV), Plug-in Hybrid Electric (PHEV) and Extended Range Electric Vehicles (EREV).
Felicie Burelle, Chief Executive Officer, OPmobility, said, "This major award reflects the trust placed in OPmobility by one of the world’s leading automotive manufacturers and key customer of the Group, and our unique and differentiating positioning to address the growing hybrid market with a competitive edge. With this contract, we strengthen the product offering of our powertrain activity with a new strategic growth lever. This is fully in line with our technological and geographical diversification strategy for all types of mobility.”
Volvo Car India And ChargeZone Launch Ultra-Fast Charging Station Near Igatpuri
- By MT Bureau
- February 19, 2026
Swedish luxury car brand Volvo Car India and ChargeZone have inaugurated an ultra-fast electric vehicle (EV) charging station on the Mumbai-Nashik Highway. The facility is located at Food Hills near Igatpuri and features a 360kW power unit equipped with two dynamic load-balancing dispensers.
This marks the first installation between the partners as part of a 2025 Memorandum of Understanding aimed at developing a charging network across national corridors. The partners intend to add further stations throughout 2026.
The EV charging station utilises an intelligent configuration for power distribution. Dynamic load balancing allows the unit to adjust power output between the two dispensers based on vehicle requirements, which reduces waiting times.
The charger can be accessed through app-based navigation and payment systems. It features dedicated bays for Volvo electric vehicles.
Jyoti Malhotra, MD, Volvo Car India, said, "As a legacy brand, Volvo Cars is committed to driving the transition towards sustainable mobility, and this partnership with ChargeZone is a testament to that vision. Together, we are ensuring that our customers not only enjoy the luxury and performance of Volvo EVs but also have access to a dependable and hassle-free charging infrastructure. The new 360kW station on the Mumbai-Nashik highway is the first step in delivering a world-class charging experience across India."
Kartikey Hariyani, Founder & CEO, ChargeZone, added, “The launch of our first co-branded 360 kW ultra-fast charging station with Volvo Car India represents an important milestone in building a premium, future ready charging network for the country. The Mumbai Nashik hub showcases our focus on high speed, technology enabled infrastructure supported by intelligent features such as dynamic power loading that significantly improve the customer experience. As EV adoption accelerates, our priority is to ensure that long-distance travel becomes fast, predictable and seamless. We look forward to supporting India’s shift toward a cleaner and more sustainable mobility landscape.”
Maruti Suzuki e VITARA Deliveries Commence With Advanced Safety And Flexible Ownership
- By MT Bureau
- February 17, 2026
Maruti Suzuki India Limited has officially commenced deliveries of its first all-electric offering, the e VITARA, heralding a significant advancement in the nation's transition to sustainable transportation. The company has introduced a range of innovative ownership schemes designed to make electric vehicles more financially accessible. Chief among these is the Battery-as-a-Service (BaaS) model, a dual-loan product that removes the substantial upfront cost of the battery, with the vehicle priced from INR 1,099,000 plus a usage-based battery rental of INR 3.99 per kilometre. Complementing this is the ‘e Flex’ scheme, which allows customers to upgrade to the e VITARA while maintaining an EMI similar to their existing car. To further enhance customer confidence, Maruti Suzuki is offering assured buyback plans, guaranteeing up to 60 percent of the vehicle's value after three years or 45,000 kilometres and 50 percent after four years or 60,000 kilometres.
The e VITARA is engineered for a carefree ownership experience, backed by comprehensive warranty coverage. It is available with two battery pack options, 61kWh and 49kWh (with a claimed driving range of up to 543 kilometres, both of which come with an industry-standard warranty of eight years or up to 160,000 kilometres. The vehicle itself carries a standard three-year warranty, with the option to extend coverage up to eight years on a payable basis.

In terms of safety and technology, the e VITARA is equipped with advanced features as standard. It incorporates Level 2 Advanced Driver Assistance Systems (ADAS), which include functionalities like Adaptive Cruise Control, Lane Keep Assist and Automatic Emergency Braking. Passive safety is addressed with seven airbags, including a driver-side knee airbag, as standard equipment. The vehicle is built on the HEARTECT-e platform, which utilises over 60 percent high-tensile and ultra-high-tensile strength steel and features an advanced battery protection system. This robust construction has helped the e VITARA achieve a comprehensive five-star safety rating from Bharat NCAP. The driving experience is further enhanced by the next-generation Suzuki Connect telematics system, which offers over 60 connected features. Customers can book the e VITARA at any NEXA showroom or through the official website with an initial payment of INR 21,000.
Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India Limited, said, “Maruti Suzuki’s EV strategy has been developed to ensure that the e VITARA becomes the primary EV choice for customers. The e VITARA offers a commendable driving range of over 543 km, supported by ‘e for me’ charging ecosystem that mirrors the reliability our customers have trusted for decades. With over 1,500 EV-ready service centres, specially trained NEXA EV relationship managers and dedicated charging managers, the e VITARA offers complete peace-of-mind. We are also introducing attractive flexible ownership plans with BaaS, alongside exclusive benefits for early adopters that make the e VITARA an irresistible proposition.”

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