Horiba India Launches Hydrogen Engine Test Facility in Pune, Expands into Green Energy ​​​​​​​

Horiba India

Horiba India has inaugurated its first Hydrogen Internal Combustion Engine (H2-ICE) Test Bed Facility at its Technical Centre in Chakan, Pune. This marks the company’s foray into hydrogen technology, supporting global goals of carbon neutrality and sustainable development.

The facility, part of Horiba’s broader green energy initiatives, comes with an investment of approximately INR 280-300 million and offers engine testing capacity of up to 380 kilowatts, addressing the needs of India’s commercial vehicle sector.

Dr George Gillespie, Executive Corporate Officer, Horiba Energy and Environment, emphasised the significance of hydrogen in the energy transition.

“Hydrogen presents a powerful solution for carbon-neutral fuel which can embark on a new era in Energy. We are excited to support India’s ambition of achieving net-zero emissions by 2070. The establishment of this Hydrogen Internal Combustion Engine Test Bed facility is going to be a significant step towards a sustainable tomorrow and plays a crucial role in India’s green energy revolution. This initiative is a testament to Horiba’s legacy of authenticity and excellence, captured in our mission of enhancing Honmamon,” he said.

Dr Rajeev Gautam, Corporate Officer, Horiba and President of Horiba India, highlighted the company’s long-term sustainability goals. “The first-ever Hydrogen Internal Combustion Engine Test Bed facility took a kick-start from India in the entire Global Horiba group, and this pivotal step is a testament toward Horiba’s goal of reducing CO2 emissions by 42 percent by 2033, hence achieving carbon neutrality by 2050. This investment is a strong step towards revolutionising the automotive industry in India with an environmentally efficient approach,” he said.

The Chakan facility, operational since 2016, spans 10,000 square meters and serves as a hub for emission measurement systems, advanced analytical instruments, and customisation for both domestic and international markets. It is ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and NABL ISO/IEC 17025:2017 certified, aligning with India’s Make in India and Atmanirbhar Bharat initiatives.

Horiba has invested over INR 1 billion in the facility since its inception, with projects including emission monitoring systems, electric vehicle chassis dynamometers, and water and air quality monitoring systems. Recently, the facility also began producing and calibrating Mass Flow Controllers (MFCs).

The new hydrogen test facility includes products such as the HyEVO Hydrogen Gas Analyser, the HyFQ-2000 Series Hydrogen Fuel Flow Meter, and the Mexa-One-XL-NX Laser Spectroscopic Motor Exhaust Gas Analyser. It also features live demonstrations for customers and partners to experience Horiba’s technology firsthand.

The launch of the H2-ICE facility underscores Horiba’s strategy to support India’s green energy revolution while addressing global energy needs.

MoEVing - Tata Motors CV

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

Tesla Model Y

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

Blue Energy Motors

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 One

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.