- EKA Mobility
- CESL
- Convergence Energy Services
- Chartered Speed
- PM e-Bus Sewa Scheme
- Rohit Srivastava
- Sanyam Gandhi
EKA Mobility, Chartered Speed Consortium Bags Order For Supplying 675 E-Buses Under PM E-Bus Sewa Scheme
- By MT Bureau
- April 29, 2025
Pune-headquartered electric vehicle company EKA Mobility in consortium with Chartered Speed, has bagged the Letter of Award (LOA) for deploying 9-metre and 12-metre electric buses across Rajasthan under the PM e-Bus Sewa Scheme.
The LoA for a total of 675 e-buses (565 units of 9-metre e-buses and 110 units of 12-metre e-buses) follows Convergence Energy Services (CESL)’s issuance of Letter of Confirmation of Quantity (LOCQ) for electric buses across India.
As per the order, EKA Mobility will deploy its e-buses across eight major cities of Rajasthan – Jaipur, Kota, Udaipur, Ajmer, Alwar, Bikaner, Bhilwara and Jodhpur.
Rohit Srivastava, Business Head & Chief Growth Officer, EKA Mobility, said, “This win reinforces our belief that electric mobility is not just the future – it’s the present. Rajasthan’s bold move toward electrification aligns perfectly with our vision of transforming the way millions commute daily and accelerating India’s transition to a cleaner, more sustainable future”
Sanyam Gandhi, Whole-Time Director, Chartered Speed, said, "This reflects our commitment to a greener, more efficient transport network. Through the Pradhan Mantri e-Bus Sewa Scheme, we’re transitioning to an electric fleet that will transform urban mobility. Our goal is to lead the shift to a low-carbon future and offer commuters cleaner, smarter travel options shaping a more connected and sustainable India."
This order is in addition, to EKA Mobility’s recent two major contract wins valued at INR 1.5 billion from Uttar Pradesh State Road Transport Corporation (UPSRTC) and INR 4 billion order from the Nagpur Municipal Corporation (NMC).
Suzuki Opens Second Biogas Plant In Gujarat
- By MT Bureau
- January 20, 2026
Suzuki Motor Corporation and its subsidiary, Suzuki R&D Centre India (SRDI), have inaugurated the Banas Suzuki Biogas Plant in Bhukhala, Gujarat. The facility, which opened on 18 January 2026, is the second such plant following the Agthala site that commenced operations in December 2025.
The plant is designed to process up to 100 tonnes of cow dung per day to produce approximately 1.5 tonnes of biogas. This output is equivalent to the daily fuel requirements of 850 compressed natural gas (CNG) vehicles. In addition to fuel production, the facility will sell organic fertiliser generated as a byproduct of the process.
The project is part of an agreement signed in September 2023 between SRDI, the National Dairy Development Board (NDDB) and Banas Dairy. The partners have agreed to construct a total of five biogas plants in the region. The Bhukhala site covers an area of 27,000 square metres and forms a component of Suzuki’s strategy to support carbon neutrality in India.
The use of biogas serves as a carbon-neutral alternative for CNG vehicles, which currently represent 20 percent of the Indian passenger car market. Beyond emission reductions, the initiative is intended to improve energy self-sufficiency and increase rural income through the purchase of cattle waste from local farmers.
The opening ceremony was attended by Acharya Devvrat, Governor of Gujarat and Shankar Chaudhary, Chairman of Banas Dairy and Speaker of the Gujarat Legislative Assembly. Representing Suzuki was Kenichiro Toyofuku, Managing Officer and Executive General Manager of Biogas Operations.
The company stated that it will continue to develop its biogas business to contribute to national growth and environmental targets. The operation is expected to create jobs within the district while providing fuel for high-demand vehicle segments.
Bajaj Auto Rolls Out Early Incentive Offer For Chetak C25 E-Scooter
- By MT Bureau
- January 19, 2026
Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto has started sales of its recently introduced Chetak C25 e-scooter across its showrooms in India. Following the model's unveiling earlier this week, the company has positioned the vehicle to target urban commuters. The scooter is priced at INR 91,399 (ex-showroom Delhi), with an introductory benefit of INR 4,299 available for the first 10,000 customers, bringing the effective price to INR 87,100.
The Chetak C25 features a 2.5 kWh battery providing a certified claimed range of 113 km. It is constructed with a metal body and a mono-body design intended for durability in city environments. Technical specifications include a 25-litre storage compartment, disc brakes, hill hold assist, and guide-me-home lighting. The vehicle’s proportions are designed for agility in dense traffic.
The introduction of the C25 completes the Chetak portfolio, which now includes the 30 and 35 Series. Bajaj is marketing the model to first-time electric vehicle buyers and households requiring a secondary scooter for short trips. Deliveries have commenced alongside the showroom roll-out in major cities.
The C25 is supported by the existing Chetak service network. The company noted that the launch and early-bird offer are intended to address customer interest in accessible electric mobility solutions that focus on reliability and ease of use.
The e-scooter maintains the brand's focus on material quality through its use of metal surfaces rather than plastic panels. It is engineered to align with daily commute patterns and offers various colour options. The mechanical framework is built to provide stability and a refined presence on the road while maintaining a compact footprint.
- Indofast Energy
- Nexus Select Malls
- Quick Interchange Stations
- Anant Badjatya
- Nilesh Singh
- Battery Swapping
Indofast Energy Partners Nexus Select Malls To Expand Battery Swapping Stations
- By MT Bureau
- January 19, 2026
Bengaluru-based clean tech company Indofast Energy has partnered Nexus Select Malls to introduce battery swapping stations within shopping mall premises. The initiative has commenced with the inauguration of Quick Interchange Stations (QIS) at Nexus Shantiniketan and Nexus Whitefield in Bengaluru.
This marks the first time such infrastructure has been integrated into the portfolio of India’s first Retail REIT. The partnership is designed to provide energy solutions for commuters, delivery partners and fleet operators by utilising high-footfall retail destinations.
Following the Bengaluru launch, the companies plan to expand the network to other cities, including Delhi NCR, Chandigarh, Hyderabad and Pune. The technology allows users of electric two-wheelers and three-wheelers to replace depleted batteries in minutes, addressing requirements for the last-mile delivery sector.
The swapping stations utilise an automated platform that supports multiple vehicle types. By placing these stations in malls, the companies intend to make electric vehicle (EV) charging as accessible as traditional retail services. The project aligns with broader efforts to embed sustainable mobility into urban infrastructure and reduce the time vehicles spend at stationary charging points.
Anant Badjatya, CEO, Indofast Energy, said, “Our collaboration with Nexus Select Malls represents a paradigm shift in how urban infrastructure can support the rapid adoption of electric vehicles. By integrating our state-of-the-art battery swapping technology directly into high-footfall retail destinations, we are not just providing convenience; we are creating an ecosystem where electric mobility becomes an effortless and integral part of daily life for millions of shoppers and commuters, and especially the thriving last-mile delivery ecosystem. We are incredibly proud to be Nexus Select Malls’ first battery swapping partner and look forward to a successful, rapid expansion across their extensive network. This partnership underscores our commitment to making battery swapping the default choice for urban transportation and accelerating India’s transition to sustainable mobility.”
Nilesh Singh, Senior V-P, ESG & Business Excellence, Nexus Select Malls, added, “As India’s first Retail REIT, Nexus Select Malls is committed to reimagining malls as future-ready urban ecosystems. Introducing battery swapping stations for the first time across our portfolio is a meaningful step in embedding sustainability into everyday consumer spaces. This initiative supports cleaner last-mile mobility while making greener choices visible, accessible and practical for millions of visitors who engage with our malls every day.”
Kinetic Watts & Volts Partners Hero FinCorp, Bajaj Finserv & CleverPe For Retail Finance
- By MT Bureau
- January 19, 2026
Kinetic Watts & Volts, the electric mobility division of the Kinetic Group, has formed a retail finance ecosystem through partnerships with Hero FinCorp, Bajaj Finserv and CleverPe.
The collaborations provide financing solutions for the Kinetic DX and DX+ electric scooter range, utilising traditional lending and digital payment technologies across the company’s dealership network in India.
The partnership combines the reach of established financial institutions with a fintech platform to offer EMI-based lending and digital credit options. This framework is designed to reduce upfront costs and simplify documentation for consumers. The move supports Kinetic’s strategy of market-by-market expansion as the company scales production and registration volumes.
The Kinetic DX range features the Range-X LFP battery architecture, which is engineered for safety and reliability. The scooters are designed to reference the brand's previous petrol models while functioning as modern electric vehicles. By integrating finance options directly at the point of sale, the company aims to address the requirements of urban consumers and first-time buyers.
Kinetic Watts & Volts is currently building its dealership footprint and after-sales infrastructure to support its long-term vision in the electric vehicle sector.
Ajinkya Firodia, Vice-Chairman & Managing Director, Kinetic Watts & Volts, said, “Access to convenient and trusted financing is fundamental to accelerating electric mobility adoption in India. By partnering with Hero FinCorp, Bajaj Finserv and CleverPe, we have built a comprehensive retail finance ecosystem that offers customers flexibility, choice and confidence. These collaborations support our strategy of opening markets one by one, while reinforcing the growing belief of leading financial institutions in Kinetic’s EV products and long-term vision.”

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