- Montra Electric
- Murugappa Group
- PM E-Drive Scheme
- Rhino 5538 EV 6x4 Tractor trailer
- Narendra Modi
- H D Kumaraswamy
- Arun Murguappan
- Sathia Raj
- UltraTech Cement
Montra Electric Becomes First OEM To Receive PM E-Drive Certification For Heavy Trucks
- By MT Bureau
- January 28, 2026
Montra Electric, the electric medium and heavy commercial vehicle business of the Murugappa Group, has become the first manufacturer in India to receive certification for heavy-duty electric trucks under the government's PM E-Drive Scheme.
To mark the achievement, the company delivered a Rhino 5538 EV 6x4 Tractor trailer to UltraTech Cement. The handover took place in the presence of Arun Murugappan, Chairman of Montra Electric and Sathia Raj, Chief Procurement Officer of UltraTech Cement.
The PM E-Drive scheme includes a budget of INR 5 billion specifically for electric trucks, providing a benefit of up to INR 960,000 per vehicle for the Rhino 5538 EV. This incentive is intended to lower operating costs and reduce exposure to fuel price volatility for fleet operators in the logistics, mining, and manufacturing sectors. The Rhino 5538 EV range is designed for Indian conditions and is available in 6x4 and 4x2 variants.
The Rhino 5538 EV 4x2 variant features a 282 kWh LFP battery that produces 380 HP and 2000 Nm of torque. It offers a range of approximately 198 km under standard test conditions and supports six-minute battery swaps. These specifications suit the vehicle for high-utilisation applications in ports, steel plants, and cement logistics.
H D Kumaraswamy, Union Minister for Heavy Industries, said, "The PM E-Drive scheme is a testament to the growing prowess of Indian innovation in the heavy-duty electric vehicle segment. Under the visionary leadership of Prime Minister Narendra Modi, we are committed to decarbonizing our logistics and making India a global hub for EV manufacturing. Electric trucks are pivotal to our Net Zero goals, and by fostering a self-reliant ecosystem through such certifications, we are driving the spirit of Atmanirbhar Viksit Bharat. We are very happy to see our Prime Minister’s vision coming to life with the 1st PM E-Drive certified heavy duty electric truck from 'Montra Electric' getting delivered today."
Arun Murugappan, Chairman, Montra Electric, said: “Decarbonising freight is one of the most critical challenges in India’s energy transition. We are grateful to the Government of India and our Prime Minister Narendra Modi for introducing forward-looking and progressive policy frameworks such as the PM E-Drive Scheme, which represent a welcome and transformative step in accelerating this shift, particularly in heavy commercial vehicles where emissions intensity is high. At Montra Electric, we are proud to contribute to this national mission by delivering technologically advanced, reliable, and scalable electric M&HCV solutions that can drive meaningful and lasting change in India’s mobility ecosystem.”
- Chartered Speed
- EKA Mobility
- PM E-Drive Scheme
- Bengaluru Metropolitan Transport Corporation
- Sanyam Gandhi
- Rohit Srivastava
- electric bus
Chartered Speed And EKA Mobility To Deploy 1,750 Electric Buses In Bengaluru
- By MT Bureau
- January 28, 2026
Chartered Speed and EKA Mobility have received a Letter of Confirmation of Quantity (LOCQ) to deploy 1,750 electric buses in Bengaluru under the PM E-Drive Scheme. This allocation accounts for approximately 39 percent of the city's total planned induction of 4,500 electric buses. The initiative is part of the Bengaluru Metropolitan Transport Corporation effort to expand its network in line with the decarbonisation roadmap of the Government of India.
The partnership combines the operational services of Chartered Speed with the vehicle manufacturing and technology of EKA Mobility. Operational protocols for the fleet include maintenance, battery monitoring, and driver training. Chartered Speed has stated its intention to transition 25 percent of its total fleet to electric power by Fiscal 2027.
The deployment aims to support public transport infrastructure in the region through investments in charging and maintenance facilities. Bengaluru is currently expanding its electric transport capacity to meet state mobility targets. The project focuses on providing urban transport solutions for the city's commuter base while reducing the carbon footprint of the public system.
Sanyam Gandhi, Whole-Time Director, Chartered Speed, said, “Bengaluru is a key mobility hub in India, and electric buses are part of the efforts to build a cleaner and more efficient public transport system. The PM E-Drive allocation strengthens Chartered Speed Limited’s long-term commitment to sustainable mass mobility. As one of the early adopters of e-mobility, we aim to convert around 25% of our fleet to electric by Fiscal 2027, supported by strong infrastructure investments to deliver commuter-centric services aimed at lasting socio-economic impact.”
Rohit Srivastava, Business Head & Chief Growth Officer, EKA Mobility, added, “The PM E-Drive initiative is a powerful enabler of India’s electric mobility vision, and Bengaluru’s large-scale adoption of electric buses sets a strong benchmark for urban transport transformation. At EKA Mobility, we are proud to partner with Chartered Speed and contribute to Bengaluru’s journey towards a more sustainable urban future. It is not just about scale, but about creating cleaner mobility solutions, quieter streets, and a better daily commute for millions.”
Suzuki Opens Second Biogas Plant In Gujarat
- By MT Bureau
- January 20, 2026
Suzuki Motor Corporation and its subsidiary, Suzuki R&D Centre India (SRDI), have inaugurated the Banas Suzuki Biogas Plant in Bhukhala, Gujarat. The facility, which opened on 18 January 2026, is the second such plant following the Agthala site that commenced operations in December 2025.
The plant is designed to process up to 100 tonnes of cow dung per day to produce approximately 1.5 tonnes of biogas. This output is equivalent to the daily fuel requirements of 850 compressed natural gas (CNG) vehicles. In addition to fuel production, the facility will sell organic fertiliser generated as a byproduct of the process.
The project is part of an agreement signed in September 2023 between SRDI, the National Dairy Development Board (NDDB) and Banas Dairy. The partners have agreed to construct a total of five biogas plants in the region. The Bhukhala site covers an area of 27,000 square metres and forms a component of Suzuki’s strategy to support carbon neutrality in India.
The use of biogas serves as a carbon-neutral alternative for CNG vehicles, which currently represent 20 percent of the Indian passenger car market. Beyond emission reductions, the initiative is intended to improve energy self-sufficiency and increase rural income through the purchase of cattle waste from local farmers.
The opening ceremony was attended by Acharya Devvrat, Governor of Gujarat and Shankar Chaudhary, Chairman of Banas Dairy and Speaker of the Gujarat Legislative Assembly. Representing Suzuki was Kenichiro Toyofuku, Managing Officer and Executive General Manager of Biogas Operations.
The company stated that it will continue to develop its biogas business to contribute to national growth and environmental targets. The operation is expected to create jobs within the district while providing fuel for high-demand vehicle segments.
Bajaj Auto Rolls Out Early Incentive Offer For Chetak C25 E-Scooter
- By MT Bureau
- January 19, 2026
Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto has started sales of its recently introduced Chetak C25 e-scooter across its showrooms in India. Following the model's unveiling earlier this week, the company has positioned the vehicle to target urban commuters. The scooter is priced at INR 91,399 (ex-showroom Delhi), with an introductory benefit of INR 4,299 available for the first 10,000 customers, bringing the effective price to INR 87,100.
The Chetak C25 features a 2.5 kWh battery providing a certified claimed range of 113 km. It is constructed with a metal body and a mono-body design intended for durability in city environments. Technical specifications include a 25-litre storage compartment, disc brakes, hill hold assist, and guide-me-home lighting. The vehicle’s proportions are designed for agility in dense traffic.
The introduction of the C25 completes the Chetak portfolio, which now includes the 30 and 35 Series. Bajaj is marketing the model to first-time electric vehicle buyers and households requiring a secondary scooter for short trips. Deliveries have commenced alongside the showroom roll-out in major cities.
The C25 is supported by the existing Chetak service network. The company noted that the launch and early-bird offer are intended to address customer interest in accessible electric mobility solutions that focus on reliability and ease of use.
The e-scooter maintains the brand's focus on material quality through its use of metal surfaces rather than plastic panels. It is engineered to align with daily commute patterns and offers various colour options. The mechanical framework is built to provide stability and a refined presence on the road while maintaining a compact footprint.
- Indofast Energy
- Nexus Select Malls
- Quick Interchange Stations
- Anant Badjatya
- Nilesh Singh
- Battery Swapping
Indofast Energy Partners Nexus Select Malls To Expand Battery Swapping Stations
- By MT Bureau
- January 19, 2026
Bengaluru-based clean tech company Indofast Energy has partnered Nexus Select Malls to introduce battery swapping stations within shopping mall premises. The initiative has commenced with the inauguration of Quick Interchange Stations (QIS) at Nexus Shantiniketan and Nexus Whitefield in Bengaluru.
This marks the first time such infrastructure has been integrated into the portfolio of India’s first Retail REIT. The partnership is designed to provide energy solutions for commuters, delivery partners and fleet operators by utilising high-footfall retail destinations.
Following the Bengaluru launch, the companies plan to expand the network to other cities, including Delhi NCR, Chandigarh, Hyderabad and Pune. The technology allows users of electric two-wheelers and three-wheelers to replace depleted batteries in minutes, addressing requirements for the last-mile delivery sector.
The swapping stations utilise an automated platform that supports multiple vehicle types. By placing these stations in malls, the companies intend to make electric vehicle (EV) charging as accessible as traditional retail services. The project aligns with broader efforts to embed sustainable mobility into urban infrastructure and reduce the time vehicles spend at stationary charging points.
Anant Badjatya, CEO, Indofast Energy, said, “Our collaboration with Nexus Select Malls represents a paradigm shift in how urban infrastructure can support the rapid adoption of electric vehicles. By integrating our state-of-the-art battery swapping technology directly into high-footfall retail destinations, we are not just providing convenience; we are creating an ecosystem where electric mobility becomes an effortless and integral part of daily life for millions of shoppers and commuters, and especially the thriving last-mile delivery ecosystem. We are incredibly proud to be Nexus Select Malls’ first battery swapping partner and look forward to a successful, rapid expansion across their extensive network. This partnership underscores our commitment to making battery swapping the default choice for urban transportation and accelerating India’s transition to sustainable mobility.”
Nilesh Singh, Senior V-P, ESG & Business Excellence, Nexus Select Malls, added, “As India’s first Retail REIT, Nexus Select Malls is committed to reimagining malls as future-ready urban ecosystems. Introducing battery swapping stations for the first time across our portfolio is a meaningful step in embedding sustainability into everyday consumer spaces. This initiative supports cleaner last-mile mobility while making greener choices visible, accessible and practical for millions of visitors who engage with our malls every day.”

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