Luxury carmaker Mercedes-Benz today strengthened its BEV portfolio in India by launching its second Made in India BEV, the EQS SUV 580 4MATIC. The company also announced the start of local production of the EQS SUV 580 4MATIC from its state-of-art manufacturing facility in Chakan, Pune.

The EQS SUV 580 4MATIC will be the second locally manufactured BEV in India from Mercedes-Benz after the EQS 580 luxury sedan. With the EQS SUV 580 4MATIC, Mercedes-Benz offers six BEV across the portfolio comprising the EQA, EQB, EQE SUV, EQS SUV, EQS sedan and Mercedes-Maybach EQS SUV 680.

With 400 kw power output, 858 Nm of torque and a sprint of 0-100 kmph in 4.7 seconds, the EQS SUV 580 4MATIC is a high-performance oriented BEV. The EQS SUV 580 4MATIC is equipped with a state-of-the-art electric drive train (eATS) on the rear as well as front axle, making it a 4MATIC all- wheel drive. The electric motors are permanently excited synchronous motors (PSM), offering high power density, excellent efficiency and consistent power delivery. It comes with rear-axle steering with up to 10 degrees of movement and five different modes – ECO, COMFORT, SPORT, INDIVIDUAL and OFFROAD.

The EQS SUV shares the long wheelbase (126.4 inches) with the EQS Sedan but stands over 7.8 inches higher, enhancing its SUV profile. The vehicle can accommodate up to seven passengers, with electrically adjustable second-row seats provided as standard. The trunk has a generous capacity, able to fit up to four golf bags. Additionally, an optional third row with two individual seats can be added for increased flexibility. A 12.3-inch OLED display for the front passenger is part of the virtually full dashboard-spanning MBUX Hyperscreen, which enables dynamic content with intelligent dimming to maintain driver focus. Furthermore, by arranging discrete audio components all around the listener, the Burmester 3D Surround sound system with Dolby Atmos® produces a 360-degree soundscape that improves spatial awareness and immersion.

Santosh Iyer, Managing Director & CEO, Mercedes-Benz India, said, “The EQS SUV marks a significant milestone in our electrification journey in India, as the second locally manufactured luxury BEV from Mercedes-Benz and the third luxury BEV launched this year. EQS SUV’s localisation underpins our deep commitment to grow the Indian luxury Electric car market and reinforce our commitment for a greener and sustainable future. With the EQS SUV we further strengthen our comprehensive lineup of BEVs across segment,catering diverse customer requirements ranging from EQA to Mercedes-Maybach EQS SUV. Mercedes-Benz is deeply committed to the Indian market with an additional investment of Rs. 200 crores in 2024 towards manufacturing operations, new product start-ups and digitisation of manufacturing processes. The localisation of the EQS SUV manifests our local competencies, creates value for Indian customers and supports the government’s vision of ‘Make in India’.”

Vyankatesh Kulkarni, Executive Director and Head of Operations, Mercedes-Benz India, said, “Local production of the second world-class BEV from our manufacturing facility in Pune is an immensely proud moment for our highly experienced and dedicated team. This success emphasises our core technical skills, flexibility at production, ongoing commitment to develop our plant, various technological processes and our incredible team for the future. To embrace future manufacturing needs in electric transformation, we leverage high-voltage technology know-how and intensified data-driven strategies to bring digitalisation to the forefront of the shop floor, acknowledging that our people drive our innovation and success. This accomplishment also underlines our global standard practices in quality, with an unwavering focus on sustainability across our products, plant and supply chain. It showcases our manufacturing prowess,developed over decades,and our expertise in complex assembly processes to produce high-end, sophisticated BEVs like the EQS SUV 580.”

The EQS SUV 580 4MATIC claims to be India’s longest range electric SUV with the largest battery capacity of 122 kWh and ARAI-certified range of 809 km. The electric SUV starts at an introductory price of INR 14.1 million (all-India ex- showroom) and comes with a 2-year/30,000-Km service interval.

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."