- EKA Mobility
- Mitsui & Co. Japan
- VDL Group
- NIIF India-Japan Fund
- Enam Holdings
- EKA 3W
- EKA 6S
- EKA 3S
- EKA COnnect
- Rohit Srivastava
EKA Mobility Expands EV Dealership Network To 60 Touchpoints, Targets 200 Dealerships In FY2027
- By MT Bureau
- May 26, 2026
Pune-headquartered electric commercial vehicle manufacturer EKA Mobility has expanded its retail presence to 60 operational dealerships across 15 states in India. The company has also confirmed that an additional 30 dedicated distribution outlets are under development.
The infrastructure expansion aims to establish localised maintenance and retail networks for the logistics, e-commerce and public transport sectors. Each retail outlet is configured specifically for commercial electric vehicles, featuring a minimum of two service bays, factory-trained technical personnel and component warehousing to manage fleet vehicle uptime. The company intends to scale its distribution footprint to more than 200 dealerships across 20 states in FY2027.
The company operates under the Government of India’s Automotive Production Linked Incentive (PLI) scheme. Its equity backers include Mitsui & Co. of Japan, the VDL Group of the Netherlands, the NIIF India-Japan Fund and Enam Holdings.
EKA Mobility operates manufacturing facilities at Koregaon Bhima and Chakan in Pune, which produce electric buses, trucks and small commercial vehicles (SCVs). The company is also building a 47-acre production complex in Pithampur. Once fully operational, the combined manufacturing infrastructure will support an annual production capacity of 15,000 electric buses, 24,000 SCVs and 4,000 freight trucks.
The manufacturer's vehicle line-up includes the EKA 3W Cargo, the EKA 6S and 3S passenger three-wheelers, a line of four-wheel SCVs spanning 1.5 to 3.5 tonnes, electric buses ranging from 7- to 12-metres and heavy-duty trucks up to 55 tonnes. All eCVs are linked to EKA Connect, an internal automated fleet management platform that processes real-time positioning, telematics and predictive battery diagnostics to manage fleet operating costs.
Rohit Srivastava, Business Head and Chief Growth Officer, EKA Mobility, said, “Last-mile connectivity is at the heart of India’s mobility transformation. With a presence across 15 states, we are steadily building a strong and accessible retail ecosystem for our customers. As demand for electric commercial vehicles grows, it is important that customers have easy access not just to products, but also to dependable service and long-term support. Looking ahead, we plan to scale our network to over 200 dealerships in 20+ states by FY27, further strengthening our reach across key markets, as we remain committed to making electric mobility more accessible, practical, and dependable for businesses across India.”
Ather Konarc E-Scooter Range Introduced At INR 99,999
- By MT Bureau
- August 29, 2026
Bengaluru-based electric vehicle maker Ather Energy has launched Konarc e-scooter line built on its EL platform, unveiled during the fourth edition of Ather Community Day 2026. The e-scooter will be available in six variants split between the S and Z product lines.
The Konarc lineup features Indian Driving Cycle range options spanning 100 km, 125 km, 161 km and 200 km across its S line variants, while the Z line includes 125 km and 161 km configurations.
Pricing for the model begins at INR 99,999 for the Konarc S 100 km variant, INR 121,999 for the Konarc S 125 km, and INR 144,999 for the Konarc S 161 km, effective ex-showroom Bengaluru. Bookings and phased deliveries for select variants begin in mid-September 2026.
The EV utilises a steel unibody chassis, metal rear side panels, a sequential gear-drive transmission, a 14-inch front alloy wheel, a 12-inch rear alloy wheel and a 1,352 mm wheelbase.
Tarun Mehta, Co-Founder and Chief Executive Officer, Ather Energy, said, “Konarc has been designed to make EVs mainstream in India. We have understood the needs of the vast majority of buyers who are still waiting to go electric and have engineered Konarc for them. Be it the metal panels, 200 km range, once-a-year service interval, fast home charging, or the plush and comfortable ride, we have pushed the envelope on every fundamental that matters to this buyer, without compromising on the premium experience and advanced technology that Ather is known for. Konarc has also been designed to scale, and with the vertical integration and manufacturing capacity we are building at AURIC, we can take the Ather experience to many more riders and markets across India.”
Just like its other product line, Ather Energy has ensured Konarc remains a power packed product in terms of both software and hardware features. It gets Advanced Electronic Braking System, which dynamically regulates braking force modulation between front and rear wheels via software. Additional functionalities comprise MagicKey keyless operation with proximity unlocking, AutoPop automated under-seat storage opening and AirWalk motor-assisted manual pushing.
Swapnil Jain, Co-Founder and Chief Technical Officer, Ather Energy, said, “Ather has spent over a decade building its technology and engineering capabilities. We started working on software-led braking, fast charging and connected scooter experiences well before they became expected in the market. That head start matters because it gives us the experience to integrate these technologies deeply into the vehicle and bring the engineering depth we have built over the years to a much larger set of riders. AeBS™, MagicKey, AutoPop and AirWalk are examples of that approach, each designed to make everyday riding more effortless.”
The vehicle carries an integrated onboard charger, with an optional 450W offboard unit enabling combined 900W charging. Ather has set the service interval at 10,000 km or one year, alongside introducing a 10-year or 100,000 km warranty for its fifth-generation Bedrock battery pack, guaranteeing a minimum 70 percent battery state of health.
Ola Electric Introduces S1Z Scooter Range Featuring Bharat Cell LFP Technology At INR 79,999
- By MT Bureau
- August 29, 2026
Bengaluru-based electric vehicle maker Ola Electric has launched the S1Z e-scooter line, introducing the company's indigenously developed 46 series Bharat Cell lithium iron phosphate (LFP) technology to the vehicle market.
The battery cells are developed at Ola’s Battery Innovation Centre and manufactured at the Ola Gigafactory.
The e-scooter is offered in two battery capacity options: a 3.1 kWh variant priced at an introductory INR 79,999 and a 5.1 kWh variant listed at INR 99,999 ex-showroom. The 3.1 kWh model has a claimed certified range of up to 179 kilometres, while the 5.1 kWh configuration provides up to 301 kilometres.
The S1Z runs on 12-inch wheels, operates on the MoveOS 5 software platform and includes features such as cruise control, regenerative braking, reverse mode, GPS tracking and over-the-air (OTA) updates.
It will also serve as the initial vehicle line distributed through Ola Electric's newly established dealer-operated store network alongside its direct-to-consumer locations. Deliveries for the 3.1 kWh model will begin in December 2026, followed by the 5.1 kWh model in March 2027.
Bhavish Aggarwal, Chairman and Managing Director, Ola Electric, said, "The true measure of innovation of our indigenous Bharat Cell LFP technology is how quickly it reaches everyday Indians. The S1Z delivers on that promise. It is the first scooter range to bring our made-in-India LFP technology to the heart of the market, where millions of customers make their mobility decisions. We believe affordability shouldn’t mean settling for less. As we continue building India's EV ecosystem from cell to vehicle, products like the S1Z will play a critical role in taking our mission of bringing EVs to every Indian household."
Mahindra Expands Battery-as-a-Service Across Electric SUV Line-Up
- By MT Bureau
- August 29, 2026
Mumbai-headquartered automotive major Mahindra & Mahindra has expanded its Battery-as-a-Service (BaaS) programme across its complete Electric Origin SUV range, making the scheme available on the BE 6 Sporteq, XEV 9S and XEV 9e models.
The BaaS model was first introduced with the BE 6 SPORTEQ, which separates vehicle and battery financing through a dual-loan arrangement. Under the scheme, customers acquire the electric vehicle and finance the battery unit separately, lowering the upfront purchase price.
For the BE 6 Sporteq BaaS model, the pricing starts at INR 1.14 million, with battery financing calculated at an effective usage cost of INR 3.75 per kilometre based on daily mileage assumptions. Following the initial response, Mahindra extended the service across all trim levels of the BE 6 Sporteq while adding the program to its higher-tier SUV models.
Under the expanded scheme, entry pricing for the XEV 9S stands at INR 1.26 million, while the XEV 9e starts at INR 1.39 million. Both EVs share the battery financing rate of INR 3.75 rupees per kilometre.
The dual-loan financing product is provided through third-party financial institutions for personal vehicle registrations. The structure requires a battery loan EMI with total figures varying according to battery capacity, down payment, loan tenure and local taxes.
- Omega Seiki Mobility
- Abhishek Misra
- SKG Asset Management
- SKG Fund
- Unistone Capital
- Sanjeev Agarwal Family Office
- Brijesh Parekh Family Office
- Securocorp Securities
- Sangeeta Pareekh
- Saket Aggarwal Family Office
- Vanshika Sharma
- Uday Narang
Omega Seiki Mobility Secures INR 500 Million Funding
- By MT Bureau
- August 27, 2026
New Delhi-based electric commercial vehicle manufacturer Omega Seiki Mobility has raised an additional INR 500 million in funding co-led by Abhishek Misra of SKG Asset Management and SKG Fund, alongside Unistone Capital, Sanjeev Agarwal Family Office and Brijesh Parekh Family Office.
The capital expansion follows a separate INR 500 million fundraise earlier in the month from Securocorp Securities, Sangeeta Pareekh, Saket Aggarwal Family Office and Vanshika Sharma.
Omega Seiki Mobility aims to utilise the capital towards increasing manufacturing capacity, research and development, dealer network expansion and the release of new vehicle models.
Uday Narang, Founder and Chairman, Omega Seiki Mobility, said, “This fundraise marks a significant milestone for Omega Seiki Mobility as we move into the next phase of our growth journey. The confidence shown by our investors strongly validates our vision, execution capabilities, and long-term strategy. Over the past eight years, we have built the company on a foundation of manufacturing excellence, innovation, and financial discipline. We remain focused on building scalable electric mobility solutions that create long-term value for our customers, partners, and investors.”
Omega Seiki Mobility plans to expand its operational footprint from 150 current touchpoints in India to 250 locations by FY2028, while evaluating international expansion into markets including Africa.
The expansion strategy involves broadening its vehicle portfolio beyond cargo three-wheelers into passenger mobility, electric two-wheelers and light commercial vehicles as it evaluates options for an initial public offering.

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