Hyundai Motor India Limited (HMIL) has launched the much-anticipated Hyundai CRETA Electric at the ongoing Bharat Mobility Global Expo 2025 at a starting price of INR 1,799,000.

The Hyundai CRETA Electric sports a bold, masculine and sporty upright design and comes in 51.4-kWh (Long Range) and 42-kWh battery pack options, offering driving range of 473 km and 390 km, respectively. The e-SUV features ADAS-linked regenerative braking system for enhanced safety and efficiency and vehicle-to-Load technology that allows passengers access to power while camping or during an emergency. Customers get 75 advanced safety features and 52 safety features as standard across all variants. The e-SUV also boasts advanced EV capabilities, including water soak test, battery drop test and an IP67-rated battery pack.

Unsoo Kim, Managing Director, HMIL, said, “CRETA Electric marks a defining moment in HMIL’s journey of electrification and reflects our commitment to the government’s ‘Make in India’ vision, as it is our first indigenous EV SUV in India. With over a decade of global expertise in electric mobility, Hyundai Motor Company has established itself as a pioneer in EV innovation. Now, the same innovations and expertise are being brought to India, enhancing our country’s EV landscape. Hyundai CRETA Electric is a testament to our vision of ‘Progress for Humanity’ and Hyundai’s commitment to making India a global hub for advanced mobility solutions. We are confident that Hyundai CRETA Electric will set new benchmarks in the Indian EV industry, providing the much-needed push for the growth of the segment.”

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Servotech Renewable Power Systems has announced the elevation of Vipin Kaushik to the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective 1 April 2026. The appointment follows recommendations from the Nomination and Remuneration Committee and the Audit Committee, with formal approval from the Board of Directors.

Kaushik is a Chartered Accountant and a member of the ICAI with over two decades of experience in corporate finance, strategy, taxation and compliance. He holds a Diploma in International Financial Reporting from ACCA, UK, and has previously served as the Financial Controller at Servotech. He has held leadership roles at ICICI Bank, Delhivery and V2 Retail.

In his new role, Kaushik will oversee financial operations, planning and risk management frameworks. His role is intended to support the company's expansion in the renewable energy and electric vehicle (EV) charging sectors.

He will be responsible for optimising investment strategies for global growth, improving financial disciplines across manufacturing units and strengthening compliance and stakeholder confidence.

Vipin Kaushik, said, “I am truly honoured and excited to take on the role of CFO at Servotech Renewable at such a defining moment in the Servotech’s next phase of growth. As the industry continues to evolve rapidly, my focus will be on optimising capital allocation, improving operational efficiencies, and building agile financial strategies that align with the company’s global expansion goals. I am eager to scale new opportunities and reinforce stakeholder confidence as we accelerate towards a cleaner and more sustainable energy future.”

Raman Bhatia, Managing Director, Servotech Renewable Power Systems, added, “We are pleased to elevate Vipin Kaushik to the role of CFO. His deep financial expertise, strategic mindset, and strong understanding of our business have been instrumental in strengthening Servotech’s financial foundation. As we scale our operations and expand our global footprint, his leadership will play a critical role in driving financial discipline, enhancing governance, and supporting sustainable, long-term growth.”

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Komaki Electric Vehicles, an electric vehicle company, has inaugurated its second lithium battery manufacturing facility in Udyog Vihar, Gurgaon. The 40,000 sqft plant represents an investment of INR 300 million and is established as an integrated electric vehicle (EV) battery production unit in North India.

It has a monthly production capacity of 10,000 units, totalling 120,000 batteries annually. Komaki has transitioned its manufacturing focus exclusively to Lithium Iron Phosphate (LFP) and Lithium Manganese Iron Phosphate (LMFP) cell technologies. The LFP and LMFP chemistry it says offer better thermal stability and fire-resistant properties. Battery systems offer a life cycle of up to 2,500 cycles. The LFP cells are provided with a three-year warranty, while LMFP cells carry a five-year warranty.

The plant incorporates manufacturing processes intended to minimise material wastage and optimise resource utilisation, aligning with the company's sustainability objectives.

Gunjan Malhotra, Co-Founder, Komaki Electric Vehicles, said, “The inauguration of our second lithium battery plant marks a defining step in Komaki’s journey to build a self-reliant and future-ready EV ecosystem. By focusing on LFP and LMFP technologies, we are prioritizing safety, durability, and long-term value for our customers. This facility not only strengthens our manufacturing backbone but also reinforces our commitment to sustainable innovation and indigenous production at scale.”

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Yulu, an Indian shared electric mobility platform, has announced that its vehicle fleet has completed a cumulative 2 billion kilometres of green travel.

The company claims it reached the first billion kilometres over six years, while the subsequent billion was achieved within the last 14 months.

The acceleration in mileage is attributed to demand from the hyperlocal delivery and quick-commerce sectors. Yulu operates a fleet of 45,000 electric vehicles (EVs) supported by the Yuma Energy ecosystem.

Interestingly, it has completed 400 million deliveries via partnerships with platforms such as Zomato, Swiggy, Big Basket, Blinkit, Flipkart Minutes, Instamart and Zepto.

The Yulu fleet supports over 500,000 gig workers, including more than 1,000 women riders. This has led to an estimated reduction of 54 million kilogrammes of urban CO2 emissions over seven years.

The platform also services on-demand household service providers including Urban Company, Pronto and Snabbit. According to company data, the use of these EVs allows gig workers to reduce operational costs by 30-40 percent compared to petrol-powered vehicles.

For FY2027, Yulu intends to double its fleet size. The growth strategy includes entering new municipal markets through both company-owned and partner-led launch models to maintain its position in the hyperlocal goods and people mobility segment.

Amit Gupta, CEO & Co-Founder, Yulu, said, “The 2-billion-kilometre milestone reflects not only Yulu’s market leadership, but also the deep impact we are creating across India’s urban mobility landscape. What started as a bold vision to build a sustainable and accessible solution has today become a critical enabler for millions of users and citizens. As we look ahead, Yulu reaffirms our commitment to helping people, businesses and cities to move better.”

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Bijliride has partnered with Indofast Energy, a joint venture between IndianOil Corporation and SUN Mobility, to expand its business-to-consumer (B2C) electric vehicle (EV) rental operations. The collaboration integrates battery-swapping technology to address charging downtime and vehicle availability in the rental sector.

The partnership utilises Indofast Energy’s network of over 1,484 swap stations across 23 cities. This infrastructure currently facilitates more than 3.5 million monthly swaps. By using battery-swapping, Bijliride users can replace depleted batteries in minutes, intended to ensure ride continuity and higher vehicle uptime.

The partnership will see Bijliride’s fleet with battery swap tech begin operations in Hyderabad, with planned phase-wise expansion in Bengaluru, Pune and Chennai over the next 12–18 months.

The integration aims to improve fleet efficiency and unit economics, particularly during peak periods. Bijliride provides several service tiers through its mobile application: daily and weekly rentals, specific subscriptions for delivery and gig workers with flexible mobility plans without vehicle ownership.

Shivam Sisodiya, CEO and Co-Founder, Bijliride, said, "Our partnership with Indofast Energy is centered on making electric mobility more practical and accessible. By reducing downtime and improving availability, we are delivering a more reliable experience while accelerating our B2C growth."

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