EMotorad launched a range of X-Factor line Xplorer+ and exclusive range of Elite e-bikes Nighthawk and Desert Eagle in the Indian market at the EM Summit 2023, the range being India’s most affordable, the company claims. The new e-bikes range was unveiled by actress Neha Dupia, followed by the launch of revolutionary IoT technology that is soon to be integrated into the e-bikes.

Kunal Gupta, Co-founder and CEO of EMotorad, said, “We are thrilled to be a forerunner in the premium e-bikes space in India. The striking concept with boosted performance and premium design makes it an exceptional choice for riders. Integrated with disruptive technology will further equip the rider with excellent agility and control in the journey of fitness and adventure.”

The entire range of e-bikes is equipped with top-of-the-line features and parts, and is built for the trails with exceptional premium components. It boasts precise EXACT ACTUATION technology that eliminates slop and shifting variation.

The ultra-premium e-bike, Nighthawk, possesses a strong aluminium frame, 150 mm travel fork and 35 mm stanchions for precise handling and high stiffness levels. It leverages the history of SRAM shifting with an X5 derailleur that provides incredible shifting speed. Additionally, the e-bike is equipped with Tektro 2 piston front and rear brakes and Maxxis Minion DHF Exo Protection Tubeless Ready tyres.

Desert Eagle is equipped with a 120 mm travel fork and possesses a Proven Motion Control damper, featuring low-speed compression adjustment to lockout with external rebound adjustment. The app-controlled e-bike also leverages SRAM shifting to provide incredible shifting speed while eliminating slop and shifting variation. Plus, it features Kenda Juggernaut 30 TPI wirr bead Puncture Resistant Tyre Casing for a hassle-free riding experience. 

The launch of the Elite e-bike range was followed by the unveiling of the X-Factor Range – a new trail-blazing economical e-bike range, designed and built in India for the regular Indian. The X-Factor Range is the culmination of thorough research and design to make these e-bikes the most budget-friendly premium e-bikes for everyday use over different terrains for riders of all age groups.

The entry-level X-Factor range of e-bikes feature detachable batteries, LCD displays and class-leading specifications to serve as a gateway to new e-bike users. Each model also features durable steel frames and single speed drivetrains with the option to add derailleurs. X1 possesses mechanical disc brakes with auto cut off and a high tensile steel frame with one level of pedal assist with 12 magnets, while X2 and X3 feature three levels of pedal assist. Both the X1 and the X2 boast removable batteries.

EMotorad also shared its plans to disrupt the e-bikes market with its revolutionary technology. The event wrapped up with an exclusive Tech Launch, showcasing the IoT-enabled e-bikes that will tackle many user problems, such as measuring the calories burnt and setting targets and goals as per users’ requisites. 

The new-age technology that will be integrated into e-bikes redefines the biking experience in the country, making it a modern and carbon-neutral commute alternative, according to EMotorad. In addition, it plans to make a smart e-bike with EMotorad’s state-of-the-art app features to track heart rate, calories and kilometres travelled, and a platform for a community of riders to connect and plan rides. The tech has GPS and geo-tracking features for safety and navigation purposes. When paired with a new cluster for the e-bikes, it will create an immersive e-biking experience for the riders, the company states.

The price of the X-Factor range of e-bikes starts from INR 24,999 and the Elite range of e-bikes starts from INR 475 million onwards. The e-bikes will soon be available to purchase from EMotorad’s official website (https://emotorad.com), online marketplaces and offline dealerships.

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."