With its Net|Zero|Now immediate action programme to mitigate climate change, Continental said it would offer its customers the opportunity to achieve carbon neutrality for their businesses. The company said in a statement that the aim of the programme is to enable customers with ambitious sustainability goals to neutralise the currently remaining “carbon backpack” of their relevant business with Continental.

This carbon backpack includes all emissions generated by processes at Continental and its suppliers as well as following end of use, but does not include the customer’s use phase and emissions.

The carbon backpack is offset by an equal quantity of so-called negative emissions. Net|Zero|Now complements the reduction measures implemented by the company to date and sustainable innovations such as the Conti GreenConcept tyre, which are designed to achieve carbon neutrality in line with the Paris climate agreement, the release said.

The focus of Net|Zero|Now is on Continental products and systems used in emission-free vehicles – from electric cars to hydrogen-powered buses and streetcars, it said.

Continental generated sales of almost EUR 1 billion with emission-free mobility in the past fiscal year. The company said the 10 highest-volume electric vehicle brands worldwide in 2021 all placed their trust in Continental technology. The programme means that for these vehicles, zero-emission mobility is already possible when it comes to the share of CO2 emissions attributable to Continental. Not only are they emission-free during their use, but the value chain relating to Continental is also carbon-neutral, it pointed out.

Besides, Net|Zero|Now will be immediately available for the combustion-engine-vehicle and industrial business, thus helping companies meet the increasingly ambitious carbon neutrality targets on the market, it said. 

Dr. Ariane Reinhart, Executive Board member for Human Relations and Sustainability at Continental, said, “2021 in particular, with its devastating floods and forest fires, showed that climate change mitigation needs to be accelerated. We must use every means available to implement measures faster. At the same time, we must seize the opportunities associated with this transformation together with our partners.” 

Continental said it sees Net|Zero|Now as an important blueprint for other companies to better achieve the goals of the 2015 Paris climate agreement alongside ambitious reduction efforts and neutralisation measures.

Reinhart added, “Reaching net zero is the benchmark here. And for that, we need appropriate economic incentives as well as more courage. To date, for example, carbon neutrality has not been taken into account in the VAT rate.” 

Continental said its approach with its immediate action programme for climate change mitigation relies on the principle of negative emissions and therefore goes beyond conventional carbon offsetting. In mathematical terms, this means that no more emissions are generated for each product in the supply chain than are removed again from the atmosphere, for example through reforestation. On balance, net zero is thus achieved and there is no longer any burden on the climate. The Intergovernmental Panel on Climate Change, which focuses on accelerating carbon dioxide reductions, is increasingly recommending negative emissions in order to meet the goals of the Paris climate agreement. 

Continental said it has been working with recognised partners on high-quality and certified ecosystem restoration and reforestation projects to remove the appropriate quantities of CO2 from the atmosphere. Social aspects, the sustainability of reductions, such as safeguards in the event of forest fires, and other quality criteria also play an important role in the selection process, it pointed out.

The company’s sustainability ambition comprises four focus areas: carbon neutrality along Continental’s entire value chain, emission-free mobility and industry, a circular economy and responsible value chains. Continental aims to fulfill its ambition by 2050 at the latest.

Dr. Steffen Schwartz-Höfler, head of Sustainability at Continental, said, “The path to carbon-neutral mobility is both a marathon and numerous sprints. The actual reduction of emissions and our Net|Zero|Now neutralization measures are important complements to our goal of becoming carbon-neutral. Only with this combination can we successfully drive forward the transformation to a sustainable economy with the necessary speed.” (MT)

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."