New Battery Electric LCV from VelorXtrike

New Battery Electric LCV from VelorXtrike

Czech company VelorXtrike is working to launch a battery electric VXT 902 van in the European market with a range of up to 300 km on a single charge. Aimed at applications like municipal services, the van will be manufactured in China. The superstructures in line with the application types will be made in the Czech Republic.

The initiative follows the supply of electric vehicles of different types by the company in Europe until now. The company has been in the business of electric vehicles for more than ten years now and known for its over two dozen offerings. These include motorcycles, tricycles and utility vehicles. Vehicles such as the Trilobbit electric tricycle whose parts are produced by Chinese company TMEC and was designed and developed by a Czech firm Motoscoot in cooperation with VelorXtrike.

Delivering hundreds of L7e category electric vehicles to German trades people, distribution agencies, technical services agencies/people and municipalities in recent times through its local partner company, VelorXtrike has based the VXT 902 e-van on the ‘901’ type e-vehicle that it offered in the German market successfully.

The 901-type vehicle belonging to the N1 category (trucks), it is no secret that the VXT 902 – which is based on the 901 – will also position itself in the respective category.

The Ostrava company participated in the creation of its design. What is distinctive about the e-van that arrives on the Czech market is its new powertrain. It is stronger and will provide a range of around 300 km for a charge.

As a standard equipment, the e-van will have air conditioning, an on-board computer, a range indicator and parking sensors. It will charge from a 220-volt outlet and from a high speed or fast charging outlet as well.

Making it beneficial for urban delivery or services application, the e-van will be priced upwards of EUR 34,600.

Maintaining operational flexibility to deliver vehicles as per the needs of the customers, VelorXtrike is claiming that its vehicles have interesting driving characteristics.

The VXT 902 is undergoing final trials and validation in the Moravian-Silesian region. The Opava Technical Services has had one for a few days now and is trying it out.

With the superstructure of the e-van to be built by several Czech companies, offering the advantage of variability in-turn, the proliferation of VXT 902 e-van will be hinged on the charging infrastructure to an extent. Photovoltaic power plant is being built to address this challenge as building charging stations is being counted on.

Leveraging its experience from selling the 901-vehicle type in Germany, the Czech company is keen to ensure scalability of battery range. With the battery being the most expensive thing, it is also judiciously analysing if those who will acquire the VXT 902 will use it for 300 km or less. It is only then that it will make sense to scale up its battery range, mentioned a source close to the company.

Any tweaking to the battery is likely to affect the vehicle’s payload capacity or the need to adapt to application areas.

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    MG Windsor Pro With Higher Range & Updated Tech To Be Launched On May 6th

    Windsor EV

    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.

     

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      Wardwizard Maintains Profitability in FY25 Despite Revenue Decline, PAT at INR 63.6 Million

      Wardwizard Innovations

      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.

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        OPG Mobility Appoints Ajay Dhiman As President, COO & CTO To Lead EV Business

        Ajay Dhiman

        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.”

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          Maharashtra Government Announces INR 19 Billion EV Policy 2025 To Drive Green Vehicle Adoption

          Electric Vehicle - Freepik

          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."

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