Maruti Suzuki India showcased the Concept Electric SUV eVX at Auto Expo - The Motor Show 2023 today. With this, the company has reinforced its vision of developing sustainable powertrain systems through continuous technological development and innovation, it claims. As per the automobile manufacturer, the concept eVX is a part of Suzuki’s vision for the future of developing EVs to contribute to the company’s mission of sustainability in India and around the world. Besides, the SUV is underpinned by a ground-up all-electric platform that will spawn a range of future EVs, Maruti Suzuki India states.

The 'Emotional Versatile Cruiser,' - Concept eVX is a mid-size electric SUV concept designed and developed by Suzuki Motor Corporation, Japan, offering futuristic SUV design elements with an upright posture and commanding high seating. According to Maruti Suzuki India, the SUV will be powered by a 60-kWh battery pack, offering up to 550 kilometres of driving range.

The Concept eVX's progressive SUV silhouette is distinct from that of a conventional SUV. Maruti Suzuki India states that the car’s upright posture, horizontal hood, commanding high seating, maximised cabin size, long wheelbase, large wheels, high ground clearance and signature LED light elements are unmistakable design elements derived from Suzuki’s SUV heritage. Meanwhile, futuristic design elements have been engineered to deliver high levels of aerodynamic efficiency by lowering the drag coefficient, distinguishing it as a car with advanced technology.

Commenting on the global premiere of Concept Electric SUV eVX, Toshihiro Suzuki, Representative Director and President, Suzuki Motor Corporation, said, “I am delighted to unveil the Concept eVX, our first global strategic EV. We plan to bring it to market by 2025. At the Suzuki Group, addressing global warming is a priority. We are promoting a range of global measures to reduce greenhouse gas emissions generated from our business. One key measure is reducing CO2 emitted by using our products. Here in India, as announced in March last year, we will invest INR 100 billion in the production of BEVs and their batteries.”

Adding to this, Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki India, said, “For over four decades, Maruti Suzuki has been spreading the joy of mobility in India and fulfilling the aspirations of millions of Indian families. Along with our parent company Suzuki Motor Corporation, we remain highly optimistic and committed to the long-term growth story of India. With specific emphasis on Atma Nirbhar Bharat, we have committed ourselves to bring new products, technologies, investments and set up new facilities in India. We believe in exploring a full spectrum of technologies like hybrids, CNG, bio-CNG, ethanol and electric to support the Government of India’s twin objective of reducing oil import bill and carbon net zero by 2070. Our approach towards electric vehicles is holistic with scale and localisation. The Concept eVX is Suzuki’s first global strategic electric vehicle, and I am excited that it debuts here in India. It brings exciting urban SUV styling through its sharp design language and as a battery electric vehicle, it purposefully reinforces our commitment to environment friendliness and sustainability.”

Specifications of Concept Electric SUV eVX:
• Dimensions: L x W x H:  4,300 mm x 1,800 mm x 1,600 mm
• Platform: All-new dedicated EV platform

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Ola Electric has announced the commencement of mass deliveries of its 4680 Bharat Cell-powered vehicles. The S1 Pro+ 5.2 kWh is the first product to be powered by the company’s indigenously manufactured 4680 Bharat Cell battery pack, which delivers more range, better performance and enhanced safety.

With its own battery packs in the vehicles, Ola Electric is now India's first company to fully own the battery pack and cell manufacturing process in-house.

The S1 Pro+ 5.2 kWh is powered by a 13 kW motor, offering acceleration of zero to 40 kmph in just 2.1 seconds. It comes with an impressive 320 km range (IDC with DIY mode).

The S1 Pro+ features four riding modes (Hyper, Sports, Normal and Eco) and also offers enhanced safety with category-first dual ABS and disk brakes in the front and rear. It also gets enhanced ergonomics and comfort, a two-tone seat with supportive foam, body-coloured mirrors, a die-cast aluminium grab handle, rim decals and an expanded colour palette comprising Passion Red, Porcelain White, Industrial Silver, Jet Black, Stellar Blue and Midnight Blue.

“The excitement for S1 Pro+ has been phenomenal. Deliveries are now in full swing, and customers are proudly riding India’s first scooters powered by our own 4680 Bharat Cell. This is a big moment, not just for Ola, but for India’s journey towards becoming a global EV hub. With the national rollout starting soon, we are now ready to take this breakthrough product and technology to every corner of the country,” an Ola Electric spokesperson said.

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CATL and Stellantis broke ground on a EUR 4.1 billion battery plant in Figueruelas, Spain, on 26 November. The 50:50 joint venture will produce lithium-iron-phosphate battery cells and targets an annual production capacity of 50 GW/h.

The project, which is Spain’s largest battery factory, is backed by over EUR 300 million in EU funds, with production expected to start in late 2026.

According to unions, around 2,000 Chinese workers will help construct the site, a point of contention with local authorities and residents. Also, 3,000 Spanish staff are to be hired and trained later.

Spanish authorities and residents have voiced concerns about job opportunities for local workers and potential strain from the influx of foreign employees. CATL Vice President Meng Xiangfeng said earlier in November the company needed experienced technicians to build and fine-tune production lines, with plans to train local workers to take over operations gradually.

David Romeral, Director General of CAAR Aragon, a network of automotive businesses in the region, said: “We don’t know this technology, these components – we’ve never made them before. They’re years ahead of us. All we can do is watch and learn.”

The regional government is organising work permits for arriving workers while seeking to attract battery supply chain companies to Aragon. Some Chinese technicians and managers have already arrived, with several hundred more expected by year-end and nearly 2,000 by the end of next year.

CATL’s approach contrasts with its Hungarian site in Debrecen, where it hired mostly locals to build its European plant. However, a lack of local workers caused production to be delayed from late 2025 into mid-2026. The Figueruelas facility will serve as CATL’s third European manufacturing operation, alongside the Hungarian plant and one in Germany.

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Neuron Energy, an EV battery manufacturer, has raised INR 310 million in a Pre-Series B funding round led by Equanimity Ventures, Rajiv Dadlani Group, Thackersay Family Office and Chona Family Office, with participation from Family Offices and HNI investors. With this, Neuron Energy has raised INR 810 million to date.

The funding will be used to expand Neuron Energy’s manufacturing capacity to 3 GWh and to establish a fully automated, large-scale battery facility for electric four-wheelers and buses at Chakan, Pune. The capital will also strengthen the company’s R&D capabilities, accelerate domestic growth, and broaden its footprint in international markets.

Pratik Kamdar, CEO and Co-Founder, Neuron Energy, said, “This Pre-Series B round is a defining step in our mission to industrialise world-class battery manufacturing in India. As EV adoption accelerates, we are focused on building capacity, embedding automation, and pushing the boundaries of performance and reliability. This investment ensures we can deliver at scale, both in India and globally.”

The company said it operates with a low-CapEx and low-OpEx business model. It has been growing profitably year-on-year and is on track to achieve INR 2 billion in revenue this year. The company is also confident of achieving sales of over INR 9 billion, with profitability, over the next few years.

Rajesh Sehgal of Equanimity Ventures, added, "We see immense potential in Neuron Energy’s approach to EV battery innovation and scalability. Their focus on quality, automation, and energy efficiency aligns with the evolving demands of the EV industry in India and beyond. We are proud to support their next phase of growth as they scale into new vehicle categories and manufacturing capacities."

The new facility reinforces the company’s position in two-wheeler EV batteries and signals a strategic entry into heavier vehicle segments. This supports Neuron’s vision to become a comprehensive EV battery solutions provider.

Rajiv Dadlani, from the Family Office of the Rajiv Dadlani Group, said, "Neuron Energy demonstrates remarkable potential to become the market leader, with their renewed focus, in delivering top-quality products. The company and its founders are highly committed to delivering rigorously tested and safe-to-use Li-Ion smart batteries. We are confident that they will continue to thrive and set new standards in the industry."

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