Lectrix EV Unveils NDuro E-Scooter
- By MT Bureau
- December 04, 2024
Lectrix EV has unveiled a new e-scooter NDuro at an attractive price point of INR 60,000 ex-showroom in India. The vehicle boasts of a sleek and sporty appearance and is aimed at urban users.
Laced with 42-litres of boot space – claimed to be the largest in is class – and flaunting a robust build quality, the e-scooter comes with ‘battery-as-as-service’.
The INR 60,000 price tag of the vehicle limited to the first 1000 customers only, as per the company statement, the NDuro has a top speed of 65 kmph and an ability accelerate from 0 to 40 kmph in 5.1 seconds.
With a tested gradeability of 16-degree (with single rider), the e-scooter could be had with a 2.3 kWh battery delivering an IDC range of 90 km or with a 3.0 kWh battery delivering a range of 117 km.
With smart ‘connectivity’ features such as an efficiency bar, hill hold, tracking, emergency SOS, detailed ride analytics and real-time theft alerts, the electric two-wheeler is supported by the presence of the company in over 120 cities through more than 200 dealer partners as well as over 200 service.
The company has already deployed 10,000 batteries as a service, mentioned Pritesh Talwar, President, Lectrix EV, He emphasised that the brand has 15,000 scooters and 30,000 three-wheelers on the road and is catering to more than a dozen B2B clients.
Regarding the new scooter, Rakesh Malhotra, Founder, SAR Group (of which Lectrix EV is a part), mentioned that the NDuro reflects our commitment to innovation and sustainability.
“It is a bold step toward the future of mobility. We wanted to launch an E2W that empowers consumers and redefines how we navigate our cities. NDuro does that. It surpasses expectations by offering a perfect balance of style, performance, and experience. As the urban landscapes evolve, NDuro will stand out as a statement of innovation. It is built for those who value both form and function,” he added.
Polestar Advances Battery Circularity Across Polestar 2 And Polestar 3
- By MT Bureau
- March 24, 2026
Swedish electric performance car brand Polestar has announced a significant advancement in battery circularity, with the Polestar 2 and Polestar 3 now featuring batteries that contain at least 50 percent recycled cobalt. This milestone underscores the company’s broader commitment to minimising reliance on virgin materials, improving value chain transparency and extending the lifecycle of critical resources.
Rather than limiting its focus to sourcing, the company prioritises preserving battery value throughout the vehicle’s life. Extended battery longevity benefits both sustainability goals and the owner’s experience. In collaboration with Volvo Cars battery centres, Polestar implements a refurbishment system where its vehicles needing a new battery receive a reconditioned unit that matches the original’s state-of-health. This closed-loop approach reduces environmental impact while maintaining performance.
Recycling partnerships are being established across all markets to align with producer responsibility regulations, further supporting efforts to maximise material recovery. These initiatives complement a design philosophy that emphasises circular material choices. Across its model range, Polestar incorporates recycled aluminium and steel, along with interior textiles such as ECONYL polyamide carpets and yarn made from PET waste. By reducing material complexity and favouring modular, mono-material solutions, the company enables customers to choose vehicles built with lower environmental impact without sacrificing safety or driving dynamics.
Since 2020, the brand has consistently pushed for greater openness around its environmental footprint, publishing detailed model-by-model lifecycle assessments and disclosing carbon emissions data across its operations. It broke new ground with blockchain technology to trace cobalt in the Polestar 2, raising the bar for supply chain accountability. Electrification is viewed not as an endpoint but as a foundation, with recent strides including smart charging integration and a 25 percent drop in per-vehicle CO₂ emissions since 2020, all achieved while introducing four new models to the lineup.
Fredrika Klarén, Head of Sustainability, Polestar, said, “To drive a Polestar is an intentional choice by customers who care about tomorrow. Electrification, powered by renewable energy and enabled by circular battery materials, points to a new kind of system: one where resources stay in use and abundance replaces depletion.”
Suzuki Selects Ohme As Home EV Charging Partner In Ireland Following e Vitara Arrival
- By MT Bureau
- March 24, 2026
Suzuki has named Cork-based Ohme as its exclusive home electric vehicle (EV) charging partner in Ireland, a move that coincides with the arrival of the new e Vitara in showrooms. This collaboration builds on an existing partnership between the two companies in United Kingdom, and under the Irish agreement, Suzuki will recommend Ohme’s charging solutions to customers requiring home installation. For a limited time, retail buyers will be offered a complimentary Ohme home charger.
As part of the rollout, Ohme chargers will be displayed across Suzuki dealerships, where the company will manage the full process from supplying the hardware to completing installations, alongside providing comprehensive training and support for dealer staff. Ohme currently holds the position of the largest home EV charging provider in both Ireland and UK and is recognised as the fastest-growing company in its sector across Europe. The newly launched Suzuki e Vitara, available with 49 kWh or 61 kWh battery options, is backed by a warranty covering up to 10 years or 160,000 kilometres, inclusive of the battery.
Ohme’s dynamic chargers are designed to integrate with Ireland’s most competitive energy tariffs, automatically adjusting charging schedules to leverage the lowest-cost, greenest electricity periods. A solar boost feature further reduces dependency on the grid. When using a smart EV tariff like Energia EV Smart Drive, fully charging the e Vitara’s 61 kWh battery with an Ohme charger can cost under EUR 6, a figure based on the vehicle’s WLTP range of 426 kilometres.
David Kateley, Director of Automobile, Suzuki GB and Republic of Ireland, said, “As Suzuki’s first ever electric car, the introduction of e Vitara will be crucial for us in Ireland and our partnership with Ohme will play an important part in that car’s success. Ohme’s cutting edge technology will help to lower running costs for owners, while their commitment to customer service makes them an ideal match for us improving the ownership experience of the e Vitara still further.”
David Watson, CEO, Ohme said, “I’m delighted to announce this new collaboration with Suzuki. With Suzuki’s expertise in the four-wheel drive market, the e Vitara is a great choice for those wanting to combine 4x4 technology with electric motoring. We’re looking forward to introducing Suzuki’s customers to the benefits of dynamic charging and supporting its dealer network.”
- Euler Motors
- Hero MotoCorp
- Blume Ventures
- BlackSoil
- Trifecta
- InnoVen
- Alteria Capital
- Saurav Kumar
- Harshavardhan Chitale
- Ademidun (Demi) Edosomwan
Euler Motors Raises INR 4.37 Billion In Series E Funding
- By MT Bureau
- March 24, 2026
Delhi-NCR-based Euler Motors, an electric commercial vehicle manufacturer, has raised INR 4.37 billion (USD 47 million) in a Series E funding round. The investment was led by Lightrock, with participation from Hero MotoCorp and Blume Ventures. The company also secured an additional INR 2.5 billion in debt financing from BlackSoil, Trifecta, InnoVen and Alteria Capital.
Founded in 2018, Euler Motors focuses on the last-mile logistics segment in India. The company is the second largest player with 22 percent market share in the four-wheel electric cargo segment. To cater to demand in the country, it is expanding to over 100 touchpoints across the country.
The recent capital will be used to expand manufacturing capacity, scale the national retail and service network, and invest in core operational functions. To date, Euler Motors has raised approximately INR 19 billion (USD 229 million).
Saurav Kumar, Founder and CEO, Euler Motors, said, “This round comes at an important stage in Euler Motors’ journey. We are moving from early scale-up to the next phase of growth, where the focus is on building with greater depth and consistency across products, markets and operations. We see a significant opportunity in commercial EV segments where uptime, reliability and operating economics matter most, and we will continue to invest behind that opportunity with discipline. The combination of fresh equity and debt capital strengthens our ability to expand capacity, deepen our network and build the operating foundation required for long-term growth. We are pleased to welcome Lightrock as a new investor and grateful for the continued support of Hero MotoCorp, Blume Ventures, BlackSoil, InnoVen, Trifecta and Alteria Capital.”
Ademidun (Demi) Edosomwan, Partner and Head of Energy Access, Lightrock, said, “We are proud to partner with Euler Motors and accelerate their mission to transform commercial mobility in India. Euler Motors has built a differentiated platform in electric commercial vehicles with products purpose-built for Indian operating conditions and the demands of last-mile logistics. The company is delivering practical, scalable solutions that can drive the wider transition to clean mobility.”
Harshavardhan Chitale, CEO, Hero MotoCorp, said, “We are excited to support Euler Motors in its latest fundraise, as the company continues to demonstrate strong momentum in building ecological and scalable solutions. Their commitment to innovation, operational excellence and long-term value creation aligns closely with our vision of being sustainable and customer-centric.”
Yuma Completes 50 Million Battery Swaps In 3 Years
- By MT Bureau
- March 24, 2026
Yuma, the Indian Battery-as-a-Service (BaaS) and electric vehicle (EV) energy infrastructure JV between Yulu and Magna International, has announced the completion of 50 million battery swaps since February 2023.
The company performed 25 million of these swaps within the last 15 months, indicating an acceleration in the growth of its network.
Yuma stated its growth is supported by an energy network designed for high-frequency fleet and delivery operations. The company reported several key performance indicators including 99.9 percent uptime availability at its network, battery swaps completed in minutes and integration of safety-first systems to maintain partnerships with OEMs and public-sector bodies.
The doubling of swap volume from 25 million to 50 million in just over a year, the company said suggests that battery swapping is becoming a primary energy solution for India's EV ecosystem. The model relies on deep integration with EV manufacturers to ensure hardware compatibility and predictable economics for fleet operators.
The expansion of the Yuma network is facilitated by collaborations with both public and private infrastructure partners. These allow for dense urban coverage and support the scaling of interoperable energy systems across the country.
Muthu Subramanian, GM & MD, Yuma, said, “Reaching the 50‑million swap mark in only three years demonstrates not only Yuma’s rapid growth, but the trust of thousands of EV users and fleet partners — and the pace at which India is embracing battery swapping as a practical, efficient and scalable energy solution. With nearly 100 percent uptime and safety-first processes, Yuma has become a trusted energy partner powering large-scale mobility solution provider.”

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