The Indian Auto LPG Coalition (IAC), nodal body for the promotion of Auto LPG in India, has issued a statement, asking why special attention is reserved only for electric vehicles while overlooking auto LPG.  

Days ago, the government announced another allocation of INR 1,000 crore for the development and installation of charging infrastructure under the phase II of Faster Adoption and Manufacturing of Hybrid and Electric Vehicle (FAME) scheme. Sometime in the middle of the year, the government had extended the second phase of FAME by two years until March 2024. 

Suyash Gupta, Director General, Indian Auto LPG Coalition, said, “While we certainly welcome the long-term focus of government to set the ball rolling for a minimally carbon-intensive vehicular fuel policy and of course, the tilt towards electric vehicles would be a part of that vision, it is totally baffling that the government continues to ignore the immediate potential that auto LPG holds out in all respects as compared to electric mobility. Talking of infrastructure, government’s plans to set up 4500 EV charging stations across the country is woefully inadequate since there is a need for at least 4 lakh charging stations, 100-times that target, in order to meet its own target of having 2 million EVs on the roads by 2026. In contrast, auto LPG already has almost 1500 stations for refilling across 600 cities in the country. And that too without almost any government support. Further, India’s import dependence on lithium-ion batteries, without which EVs are an absolute non-starter, is unlikely to ease immediately even with government’s full policy push. With China dominating the world market for the raw material, it becomes even more complicated and unpredictable. On the other hand, thanks to the drive for household consumption of LPG, an extensive infrastructure exists in the country from before. With 2.5 million auto LPG vehicles already running on Indian roads, it makes almost perfect sense to give an instant policy boost to this fuel.” 

Gupta added, “Cost-wise, instead of buying expensive EVs, it becomes far easier for a consumer to get their existing vehicles retrofitted with LPG conversion kits. All that the government needs to do is to ease the Type Approval norms governing the retro-fitment of LPG/CNG conversion kits and bring them in line with the European norms. Currently, the Indian rule to renew Type approvals for auto LPG conversion kits every three years is hugely cost-prohibitive as well as a disincentive and a deterrent from both manufacturer and consumer standpoints. The government must also consider shifting the GST slabs of conversion kits from 28 to 18 percent and of auto LPG from 18 percent to 5 percent with a view to stimulate demand on the ground. In fact, even environmentally speaking, electric vehicles are not really as environmentally friendly as they are being made to be especially in the immediate term. Almost 60% of electricity in the country is still produced by carbon-emitting fossil fuel-based sources. On the other hand, auto LPG has a zero global warming potential with negligible emissions of nitrogen oxides and particulate matter.” (MT)  

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."