Exicom launches 400kW DC EV charger, claims to be fastest in India
- By MT Bureau
- May 15, 2024
Exicom, a leading provider of electric vehicle (EV) charging and critical power solutions in India, has launched what it claims is India’s fastest DC chargers up to 400kW.
The newly launched Harmony Gen 1.5 DC fast chargers are bundled with a range of advanced features including an advanced AI-driven remote management system, high operational efficiency, integrated ambient lighting, and many features focusing on improving customer charging experience which is often overlooked and is the biggest concern for first-time users.
The Harmony g1.5 is available in three frame sizes, and its modular construction offers power outputs from 60 kW to 400 kW. The upgraded line of DC chargers comes with improved cable management system makes it easier to handle heavy charging guns while integrated ambient lighting helps to light up dark places and show status from a greater distance. The Harmony Gen 1.5 chargers are designed in compliance with PAS standards, allowing physically disabled individuals to easily use and operate the chargers.
As previous generation, the fast chargers are also specifically designed for India's tough climate and electrical conditions, which makes it resilient to hot, cold temperatures and commonly occurring grid fluctuations.
Exicom claims Harmony Gen 1.5 DC fast chargers’ efficiency, surpasses 95 percent and power levels to power wide range of vehicles from lightweight cars to heavy-duty buses, underscoring its versatility. It comes with an advanced AI driven Remote Management System (RMS), which enables predictive maintenance, significantly enhancing uptime for Charge Point Operators (CPOs) resulting in enhanced reliability for end-users. Additionally, it includes variants designed specifically for destination charging, catering to diverse environments such as malls, city infrastructure, and office complexes.
It is made from high-quality steel providing durability for charger owners. In addition, the charger also comes with credit card payment terminal for international markets.
Anant Nahata, CEO, Exicom stated, “As we continue to offer these innovations in India and drive our international expansion, our primary focus remains on creating a seamless, frictionless experience for users and infrastructure owners alike. This forward-thinking approach ensures that we not only address the core needs of all vehicle categories but also pave the way for a greener transportation ecosystem. With over 4,500 DC chargers successfully installed, we're bridging the demand-supply gap and empowering EV drivers to confidently embrace electric mobility."
Exicom states that amidst the EV surge, the preference for DC fast chargers over AC chargers is rapidly growing. According to a report by MarketsandMarkets, the global DC fast charging market is projected to grow at a CAGR of 37.6 percent between 2020 and 2025. The growth is being driven by several factors, including increasing adoption of electric vehicles (EVs), government initiatives to promote EV charging infrastructure, and advancements in fast charging technology.
- Tata Motors Commercial Vehicles
- MoEVing
- Vikash Mishra
- Pinaki Haldar
- Pascos
- Johar
- and Bhandari Automobiles
- Tata Ace EV
- Tata Ace Pro EV
MoEVing To Deploy 700 Tata Motors E-SCVs For Zero-emission Deliveries
- By MT Bureau
- October 23, 2025
MoEVing, an electric mobility solutions firm, has partnered Tata Motors Commercial Vehicles dealers – Pascos, Johar Automobiles and Bhandari Automotive – to lease a fleet of 700 electric small commercial vehicles (e-SCVs). The fleet includes the Ace EV and Ace Pro EV.
The EVs will be used for last-mile deliveries in the e-commerce, logistics and fast-moving consumer goods (FMCG) sectors across more than 10 Indian cities, including Delhi NCR, Mumbai, Pune, Chennai, Hyderabad, Bengaluru and Kolkata. This deployment is expected to lead to a carbon emission reduction of almost 2,000 tonnes per year.
The collaboration introduces a business model where the Tata Motors Commercial Vehicles dealers will own and maintain the fleet, while MoEVing will operate it. This arrangement is intended to unlock operational efficiencies and enable scalable mobility solutions.
The partnership will serve over 20 enterprise clients, aiming to cover an estimated 25 million green kilometres annually.
Vikash Mishra, Founder and CEO, MoEVing, said, “Our mission is to accelerate the adoption of green, zero-emission mobility across India’s logistics. We have had excellent experience working with Tata Motors and are looking forward to deploying these vehicles across various use cases and segments. Our innovative business model for operating them on lease will enable scalable, cost-effective deployment of electric vehicles, streamline fleet ownership and maintenance, and accelerate scalability. We look forward to breaking more milestones with the largest deployment of Tata Electric Commercial vehicles across the country”
Pinaki Haldar, Vice-President & Business Head – SCVPU, Tata Motors Commercial Vehicles, added, “Tata Motors is steadfast in its commitment to driving India’s transition to green, zero-emission mobility. This partnership between MoEVing and our leading dealer partners – Pascos, Johar, and Bhandari Automotive – marks a pivotal step in scaling sustainable last-mile logistics. The Ace EV & Ace Pro EV are engineered to deliver superior performance, uptime and reliability in real-world operating conditions. Additionally, with a versatile range of load deck configurations and payload capacities, these vehicles are designed to meet the diverse needs of customers across businesses. Our robust network of over 200 dedicated EV support centres across the country ensure maximum uptime and swift turnaround, backed by trusted service and deep technical expertise.”
With the addition of 700 e-SCVs, MoEVing’s fleet now includes over 2,500 electric vehicles.
Tesla Reports 37% Drop In Net Income For Q3 CY2025
- By MT Bureau
- October 23, 2025
American electric vehicle major Tesla has reported record revenue and free cash flow for the Q3 CY2025, supported by high vehicle deliveries and energy storage deployments.
The electric vehicle maker posted total revenue of USD 28.1 billion, a 12 percent increase YoY. Free cash flow reached nearly USD 4 billion, which the company states is its highest.
Total vehicle deliveries reached 497,099 in the quarter, a 7 percent YoY growth. Deliveries of the Model 3 and Model Y rose by 9 percent to 481,166 units. Energy storage deployments were a record 12.5 gigawatt hours (GWh), up 81 percent YoY.
Gross Margin stood at 18 percent, a drop of 185 basis points from the previous year. Gross profit was USD 5.1 billion, up 1 percent.
Operating income fell 40 percent YoY to USD 1.6 billion, resulting in a 5.8 percent operating margin. This decline was due to increased operating expenses, which rose 50 percent YoY to USD 3.4 billion, alongside higher average vehicle costs and a shift in sales mix. Lower regulatory credit revenue also impacted profitability.
Net income attributable to common stockholders reached USD 1.4 billion, a 37 percent drop. Cash, cash equivalents and investments increased by USD 4.9 billion to USD 41.6 billion.
During the quarter, Tesla expanded its vehicle range, launching the Model 3 and Model Y Standard variants. The company also launched the Model Y Performance and the Model YL in China, a longer six-seat version.
In the energy sector, Tesla unveiled Megapack 3 and Megablock, its next-generation industrial storage products. Production for Megapack 3 is scheduled to begin at Megafactory Houston in 2026. The company also launched a new lease offer in the US for solar and Powerwall systems.
Tesla launched its ride-hailing service in the Bay Area using Robotaxi technology and began deploying version 14 of FSD (Supervised) in October. The Supercharger network expanded by over 3,500 stalls in the quarter, an 18 percent YoY growth and it launched its first v4 Supercharger cabinets.
“While we face near-term uncertainty from shifting trade, tariff and fiscal policy, we are focused on long-term growth and value creation. We are prudently making the necessary investments in our business, including future business lines, that we believe will drive incredible value for Tesla and the world across transport, energy and robotics,” the company said in a statement.
Tesla indicated that Cybercab, Tesla Semi and Megapack 3 remain on schedule for volume production starting in 2026. Production lines for Optimus, the humanoid robot, are being installed in anticipation of volume production. The lithium refinery in Texas is expected to begin production in Q4 2025.
Blue Energy Launches Battery Swapping EV Truck, Plots INR 35 Billion Facility In Maharashtra
- By MT Bureau
- October 16, 2025
Pune-headquartered alternative energy vehicle manufacturer Blue Energy Motors (BEM) has launched its electric heavy-duty truck, which is equipped with battery swapping technology.
The truck was unveiled by the Chief Minister of Maharashtra, Devendra Fadnavis, at Blue Energy Motors’ Chakan facility in Pune. Fadnavis also inaugurated, what is claimed to be India’s first electric corridor from Mumbai–Pune, which is the first step in a plan to electrify national highway corridors over the next three years.
What’s more, Blue Energy Motors has signed an MoU with the Maharashtra government to set up a new facility with a capacity of 30,000 trucks, backed by an investment of INR 35 billion. The automaker has received strong demand for its e-trucks and has signed MoUs for over 10,000 units.
The new e-truck is designed for Indian conditions and follows the success of Blue Energy Motors’ LNG-powered fleet. It features an unlimited range with battery swapping, the highest payload in its category and Advanced Mobility Intelligence. The launch also introduces India’s first Energy-as-a-Service model for heavy-duty trucks.
Devendra Fadnavis, said, “This launch showcases Maharashtra’s leadership in sustainable innovation. Blue Energy Motors’ Made-in-India Electric Truck with Battery Swapping Technology, along with the Mumbai–Pune corridor, India’s first highway to go electric aligns seamlessly with the nation’s vision for Atmanirbhar Bharat and for a greener, self-reliant future. I applaud their efforts in advancing both environmental sustainability and industrial growth”.
Anirudh Bhuwalka, Founder and Managing Director, Blue Energy Motors, said, “We believe that this is the beginning of the EV Revolution in India for heavy-duty trucks. Our electric truck delivers unlimited range through battery swapping, highest payload in its category and Advanced Mobility Intelligence for fleet reliability. The Mumbai–Pune corridor is the first step in building a nationwide network of sustainable logistics, driving India’s green freight future forward. With our Energy-as-a-Service model, we’re redefining fleet economics offering reduced upfront capital cost, lowest TCO with highest payload, minimal charging downtime and making it well-to-wheel green with renewable energy.”
Also read: Montra Electric Launches 55-Tonne Rhino E-Truck, Unveils Battery Swap Technology Too
- Simple Energy
- Simple One Gen 1.5
- Simple OneS
- Amazon India
- Flipkart
- Amazon India’s Great Indian Festival
- Flipkart’s Big Bang Diwali Sale
- Suhas Rajkumar
Simple Energy Partners Amazon India And Flipkart To Sell E-Scooters Online
- By MT Bureau
- October 16, 2025
Bengaluru-based electric vehicle manufacturer Simple Energy has partnered with Amazon India and Flipkart to make its electric scooters available online.
The collaboration will allow customers to browse, book and receive doorstep delivery of its electric scooters, the Simple One Gen 1.5 and Simple OneS. The move is intended to simplify the buying journey and expand the company’s reach into Tier 2 and Tier 3 cities.
Furthermore, Simple Energy is also offering discounts on both models as part of Amazon India’s Great Indian Festival and Flipkart’s Big Bang Diwali sale.
Customers can avail up to INR 16,434 off through various bank and card offers, including discounts on HDFC Bank and Amazon Pay ICICI Bank Cards on Amazon India’s Great Indian Festival.
While Flipkart customers can get a flat discount of INR 7,500 on the Simple One and INR 5,000 on the Simple OneS, with potential additional savings using SBI and Flipkart Axis Bank cards. A 12-month no-cost EMI option is also available.
Suhas Rajkumar, Founder & CEO, Simple Energy, said, “Diwali symbolises progress and new beginnings, making it the perfect moment to advance our mission of democratising electric mobility. Through our partnership with Amazon India and Flipkart, we are expanding our reach across India, including Tier 2 and Tier 3 cities and offering a seamless, tech-first purchase experience that makes EV ownership simpler and more accessible than ever.”
At present, Simple Energy operates 57 showrooms across India and plans to expand its retail operations to include 150 new stores and 200 service centres across the country by FY 2026.

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