Volvo delivered three of the world’s first heavy-duty line haul electric trucks to Danfoss. Of the three e-trucks, two will operate in fixed routes between Danfoss sites in Denmark whereas one will operate 24 hours a day and five days per week without significant charging downtime.

Over and above the three electric heavy-duty trucks, another six such vehicles are planned to be operational before 2024. So far, Danfoss will be the first company in Denmark to have a 24-hour truck in operation of this kind. 

When all nine trucks enter operation, they will reduce Danfoss’ scope 1 and 2 emissions in Denmark by 10-15 percent and enable next to zero noise and air pollution, drastically improving working climate for drivers.

Danfoss is pushing for a similar arrangement in India with its subsidiary in the country. It announced its intention to collaborate under a national task force on the sidelines of the G20 meet in Goa recently to stimulate the development of the e-freight market in India under the Zero Emission Vehicles Emerging Markets Initiative (ZEV-EMI) initiative and the Indian Government’s Electric Freight Accelerator for Sustainable Transport (E-FAST) platform– led by NITI Aayog and supported by World Resources Institute (WRI) India.

 Currently in India, Danfoss’s less-container loads are moved through alternate fuel freight. The organisation has e-vehicles for in-campus goods movement, for goods movement on select route freight and for employee commutation.

While Volvo Trucks is closely watching the shift to alternative fuels taking place in the form of LNG, CNG and other fuels in India, it is currently pushing for electric heavy-truck in Europe where it would make a viable business case. 

The Swedish commercial vehicle major has set a global target of selling 50 percent electric trucks or fuel-cell electric trucks by 2030 with Europe as the prime market. 

The three Danfoss electric heavy-duty trucks will be supported by customized superchargers rapidly charge the truck’s battery during offloading and onloading at each stop. This would usually take roughly 15 minutes. The trucks will be charged by charging infrastructure from the Danish company GodEnergi.

Interestingly, Danfoss Editron is supplying the On-Board Charger and Electric Power Supply (OCEPS) to all Volvo electric trucks, which enables fast overnight AC charging and is a key enabler to electrifying on-highway trucks and buses as well as off-highway vehicles. The OCEPS’ dual functionality provides 43 kW of power to charge a truck overnight (8-9 hours) while using readily available AC power outlets. This enables the quick deployment of EV trucks while minimising the charging infrastructure costs for the end-users.

This unique product also acts as a 43kW electric Power Take-Off (ePTO) to power work functions on off-highway vehicles such as excavators and wheel loaders.

Semikron Danfoss, the newly merged SEMIKRON and Danfoss Silicon Power, is delivering SKAI2HV traction inverters designed for bus, construction, marine and truck applications to Volvo Trucks.

Danfoss joined the Climate Group’s EV100 initiative in 2019 and is committed to transitioning the entire company car fleet to electric vehicles by 2030 at the latest. The transition from diesel-powered vehicles to fully electric vehicles is an important step to becoming carbon neutral in scope 1 and 2 emissions by 2030.

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."