Benglauru-based electric vehicle manufacturer Ola Electric has commenced deliveries for its S1 Gen 3 scooter portfolio across India. The S1 Gen 3 portfolio includes the flagship S1 Pro+ along with S1 Pro and S1 X.

The S1 Pro+ comes with two battery options 5.3kWh and 4kWh and is powered by a 13kW motor, which comes with claimed top speed of 141 kmph and 128 kmph respectively with a brisk acceleration of 0-40 kmph in just 2.1 and 2.3 seconds. The S1 Pro has a claimed range of 320km (IDC), while the 4kWh S1 Pro+ comes with claimed 242km (IDC). The e-scooter has four riding modes – Hyper, Sports, Normal and Eco – and gets dual ABS and disk brakes in front and rear

Ola Spokesperson, Ola Electric said, "The overwhelming response to our S1 Gen 3 scooters reaffirms our commitment to accelerating India's transition to electric mobility. We're excited for our customers to experience the superior performance, enhanced safety features, and improved efficiency that the Gen 3 portfolio offers."

The company claims the Gen 3 platform now sports a mid-drive motor and chain drive for optimised performance and reliability and an integrated MCU (Motor Control Unit) for better range and efficiency. Compared to the previous generation e-scooters, the Gen 3 offers 20 percent increase in peak power, 11 percent cost savings and 20 percent higher range.

Ola Electric shared that the Gen 3 platform also comes with category-first dual ABS (Anti-lock Braking System) and patented brake-by-wire technology for e-scooters.

On the other hand, the S1 Pro is powered by an 11 kW mid-drive motor, offers 4kWh and 3kWh variants with top speeds of 125 kmph and 117 kmph. It has a claimed range of 242 km and 176 km (IDC) respectively. Both accelerate 0-40 kmph in 2.7 seconds, featuring four riding modes – Hyper, Sports, Normal and Eco – plus single ABS and dual disc brakes. Available in Porcelain White, Industrial Silver, Jet Black, Stellar Blue and Midnight Blue, the S1 X+ flagship matches the 4kWh S1 Pro’s 125 kmph speed and 242 km range, adding new seat foam, sporty decals, a 4.3-inch display, a front disc brake, and colour options like Passion Red.

The S1 X, aimed at value-conscious buyers, comes in 4kWh, 3kWh and 2kWh variants with a 7kW motor, hitting claimed top speeds of 123 kmph, 115 kmph and 101 kmph, and ranges of 242 km, 176 km and 108 km (IDC). These accelerate 0-40 kmph in 3.0, 3.1 and 3.4 seconds, with a 4.3-inch display, decals, improved seating and four riding modes, available in five colours. The new Roadster X series starts at INR 74,999, with the Roadster X+ 4.5kWh at INR 104,999 and the 9.1kWh model (4680 Bharat Cell) at INR 154,999, offering a 501 km range.

Digital lending platform Revfin has strengthened its management with the appointment of three senior executives as part of its FY2026 strategy, targeting INR 7.5 billion in disbursements and 5x growth over the past two years. The company also expects to cross INR 20 billion in cumulative disbursements since inception.

The new appointments include Abhinandan Narayan, Chief Business Officer – New Business, Monish Vohra, COO – Operations & Collections and Anirudh Gupta, Chief Finance & Strategy Officer. The appointments the company shared aligns with its focus on ‘People, Process, Profitability.’

Furthermore, Revfin has outlined its ambition to finance 24,000 EVs in FY2026. Till date, it claims to have financed over 85,000 EVs across 25 states, with 75 percent of borrowers from marginalised communities. Cumulatively, its driver partners have covered 1.6 billion electric miles and earned over USD 400 million.

In FY2025, the company grew its L5 EV loan book by 1,700 percent, supported by a partnership with Bajaj Auto and expanded collaborations with logistics firms. The L5 segment remains a key focus as a replacement for ICE vehicles in urban transport.

Sameer Aggarwal, Founder & CEO, Revfin, said, “The last financial year was a volatile one for the EV industry, but the excitement and energy within the sector remain undiminished. At Revfin, we are deeply convinced that intracity and small commercial vehicles must – and will – transition 100 percent to electric within the next three years. The opportunity is here and now. It’s time to set bold targets and pursue hypergrowth over the next two years. At this critical juncture, the right leadership becomes essential to realizing our ambitions. With the strong momentum we’ve already built, we’re confident the journey ahead will be even more rewarding. We’ve entered 2025 with a sharp focus on what truly matters: People, Processes, and Profitability. These latest leadership hires are a natural extension of that focus and our commitment to scale with purpose.”

Ahmedabad-based clean energy company Matter has launched its flagship electric motorcycle – the Aera, in Bengaluru at an introductory price of IRN 179,000 for the first 500 customers, post which it will be available at INR 188,000. The company has started taking pre-registrations for the e-motorcycle at INR 15,000.

Furthermore, the company has also announced that its first Experience Hub will come up at BTM Layout, which will showcase its tech prowess and philosophy firsthand.

The Matter Aera is claimed to be the world's first electric motorcycle with manual gears – 4-speed transmission, 3 ride modes that delivers 12 unique ride combinations. It features a 7-inch Smart Touchscreen Dashboard, onboard charger and liquid cooled powertrain. The e-motorcycle has a claimed IDC range of up to 172km, a zero to 40 kmph in 2.8 seconds, dual disc brakes with ABS, telescopic front fork and dual rear suspension.

Mohal Lalbhai, Founder & Group CEO, Matter Energy, said, “There’s no better city to lead this journey than Bengaluru—where innovation isn’t just an idea, it’s a way of life. Every lane, every rider here resonates with purpose and progress. The Aera isn’t just a bike – it’s the 22nd Century motorbike. It delivers the thrill of a rocket and the practicality your pocket loves. With our in-house developed Hypershift manual gearbox, liquid-cooled powertrain, and connected tech, AERA brings together performance, emotion, and sustainability like never before.”

The Kia EV3 has won the prestigious ‘2025 World Car of the Year’ award at the globally renowned 2025 World Car Awards ceremony, held during the New York International Auto Show (NYIAS).

A jury of 96 distinguished worldwide automotive journalists from 30 nations assessed the 2025 World Car Awards. With the EV3's triumph, Kia has now won six World Car Awards since 2020. The EV3 has a dramatic, forward-thinking design and a creative, useful interior that makes the most of available space, comfort and utility. The EV3 can charge from 10 to 80 percent in 31 minutes and has a segment-leading range of up to 375 miles (around 603 kilometres). While Kia's AI Assistant, advanced driving assistance systems (ADAS) and Over-the-Air (OTA) upgrades improve the ownership experience with cutting-edge technology, the vehicle's creative interior design maximizes room, comfort and accessibility.

Ho Sung Song, President and CEO, Kia, said, “It is an immense honour for everyone at Kia that the EV3 has been awarded the 2025 World Car of the Year title. This award highlights Kia’s global leadership in providing design-led, technologically advanced, sustainable mobility solutions and how the EV3’s class-leading attributes redefine the user experience for customers worldwide.”

The Hyundai INSTER sub-compact EV has won the prestigious 2025 World Electric Vehicle award at the globally renowned 2025 World Car Awards ceremony, held during the New York International Auto Show (NYIAS).

With this recognition, Hyundai Motor Company has dominated one or more World Car Awards categories for the fourth year in a row. Hyundai Motor's commitment to developing EV technology and sustainability is highlighted by the 2025 World Electric Vehicle award, which also acknowledges INSTER's exceptional value in the EV market. The finalists were chosen by a sealed-ballot jury consisting of 96 international automotive journalists from 30 different countries. On 16 April 2025, the winners were revealed at the 2025 NYIAS. With its unique design, remarkable driving range and state-of-the-art technology, INSTER is the market leader in the sub-compact EV sector. A 10- to 80-percent charge can be made in around 30 minutes thanks to INSTER's quick charging technology, and the 49-kWh long-range variant has a range of up to 370 kilometres.

José Muñoz, President and CEO, Hyundai Motor Company, said, “The Hyundai INSTER has been a winner with customers since we introduced it. It’s very gratifying that the experts on the prestigious World Car Awards jurors feel the same way. The combination of compelling design, range, enjoyable driving characteristics, intuitive infotainment and technology that customers appreciate is emblematic of Hyundai’s approach of delivering exceptional value to our customers. The fact that our global portfolio is successful both commercially and critically speaks to the hard-working people throughout the Hyundai value chain who are delivering some of the best vehicles on the road today. Thank you to all the jurors for your service to this great industry.”