Mahindra & Mahindra (M&M) Ltd has taken the wraps off the electric XUV400 SUV. Sharing the platform with XUV300 and therefore looking similar except for detailed changes on the outside and inside, the electric vehicle is the first offering from the company to sport the twin peaks logo with satin copper finish. 

Measuring 4200 mm in length and having a 2600 mm wheelbase, the electric XUV400 has 378-litre boot space. It seats 5 people in good comfort and is capable of accelerating from 0 to 100 kmph in 8.3 seconds. With a top speed of 150 kmph, the vehicle offers an anxiety-free range of 456 km as per the Indian driving cycle standards. Fitted with a 39.4kW battery pack that uses state-of-the-art Li-ion cells, the charging time for 80 percent is 50 minutes with the 50kW DC fast charger. When charged via a 7.2 kW/32A outlet, it takes 6 hours 30 minutes to charge up to 100 percent. With a 3.3kW/16A socket it takes 13 hours to acquire 100 percent charge. 

Built in collaboration with global partners from South Korea, the electric XUV400 is equipped with high precision micro controllers for critical parts such as smart vehicle control unit and battery management system with highest level of safety compliance according to global standards. 

Veejay Nakra, President, Automotive Division, M&M Ltd, said, “The Mahindra Group is committed to becoming Carbon Neutral by 2040 and our EV game plan is at the core of this mission. We are doing our part against climate change with the unveil of the All-Electric Mahindra XUV400, a fun-to-drive, generously sized SUV boasting excellent interior room for our discerning customers. The market too is extremely receptive for a clean, enjoyable and capable vehicle, and we foresee stupendous growth in the category. The XUV400’s class-leading acceleration delivers an adrenaline rush, while its exceptional range offers anxiety-free drives. On the eve of the World EV Day 2022, we are proud to present to India’s young trendsetters the fun and fast XUV400.” 

R Velusamy, President, Automotive Technology and Product Development, M&M Ltd, said, “We started the development of the XUV400 by leveraging Mahindra’s R&D capability with teams spread across Bengaluru, Pune, and Chennai. We have tested the vehicle globally under extreme weather conditions along with testing of its fast-charging compatibility (CCS) in multiple geographies to ensure seamless experience for our customers. The XUV400 is based on our hugely successful XUV300 platform, which has been engineered to ensure every drive is safe, while delivering authentic SUV attributes. Combined with BlueSense Plus app for control of vehicle functions and status on mobile application, the XUV400 is a fun, peppy and stylish e-SUV for all those who are future-ready.”
 

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."