Ola Electric, a leading electric vehicle manufacturer in the country, expects to become EBITDA breakeven for its automotive business by Q1 FY2026. This the company shared is based on the Network Transformation and OPEX Reduction Program introduced in November 2024.

The initiative has enabled the company to reduce its monthly expenditure by INR 900 million. The program includes rationalisation of its distribution network by shutting all regional warehouses and shipping vehicles, spare parts and accessories from the factory directly to stores, automating registration & other processes, and productivity improvements in the sales and service network.

This has also reduced the average vehicle inventory to 20 days and delivery time to customers to 3-4 days, in comparison to 35 days and 12 days respectively.

Ola Electric also shared that its vehicle registration process transformation is in its final stages.

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Montra Electric, the clean mobility division of the Murugappa Group, has opened two new dealerships in the National Capital Region (NCR). The expansion includes an electric small commercial vehicle (e-SCV) outlet in Libaspur, North Delhi and an electric three-wheeler (e-3W) facility in Surajpur, Greater Noida.

The Greater Noida dealership, operated by Vigsons Automobiles, will retail the Super Auto and Super Cargo models. This facility is equipped with service infrastructure and technicians to support owner-operators and fleet customers in the passenger and cargo segments. The North Delhi site, operated by Action Volt Wheels, is intended for businesses involved in e-commerce distribution and FMCG logistics, providing workshop and after-sales support for mid-mile operations.

Arun Murugappan, Chairman, Montra Electric, said, “The transition to electric commercial mobility is an institutional shift, not merely a product change. As adoption expands across India, its success will depend on the strength and reliability of the supporting ecosystem. Building this foundation, anchored in quality, service, and long-term ownership confidence, is essential for clean mobility to scale in a sustainable manner.”

Jalaj Gupta, Managing Director, Montra Electric, added, “Delhi-NCR is one of the most structurally important markets for electric commercial vehicles, where scale is being driven by real operating use-cases rather than experimentation. Our focus is to build a network that is capable of supporting this scale, through dependable retail partners, strong service infrastructure, and consistent customer engagement. The new dealerships in Greater Noida and North Delhi are a step towards ensuring that customers experience electric mobility as a reliable business solution, not just a sustainable alternative.”

The company stated that the NCR is a primary market due to the demand for urban logistics and shared mobility. The new facilities are designed to transition electric vehicles from pilot projects to regular commercial use by focusing on vehicle uptime and service responsiveness.

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Toyota Kirloskar Motor (TKM) participated in the Advantage Maharashtra Expo 2026 to showcase its technology and manufacturing initiatives. The company focused on Flex-fuel Strong Hybrid Electric Vehicle (FFV SHEV) technology and its ongoing expansion within the state of Maharashtra.

At the Technology Pavilion, the automaker displayed the HyCross FFV SHEV, a vehicle designed to operate on ethanol-blended fuels while utilising a hybrid electric powertrain. This technology is part of Toyota's ‘multi-pathway’ strategy intended to reach carbon neutrality by utilising various energy sources. The expo, organised by the Marathwada Association of Small-Scale Industries and Agriculture (MASSIA) and the Government of Maharashtra, serves as a platform for industry and technology exchange in the Marathwada region.

Sudeep Dalvi, Chief Communication Officer, Senior Vice President and Director, Toyota Kirloskar Motor, said, “Toyota Kirloskar Motor extends its sincere gratitude to the Government of Maharashtra for its continued support toward our greenfield manufacturing project in the state. Our upcoming facility will further enhance TKM’s operational footprint in the state with localization as a key focus while creating expanded opportunities for local development. Participation in the Advantage Maharashtra Expo underscores our ongoing collaborative initiatives across the region, reflecting our commitment to fostering sustainable growth, innovation, and community empowerment in Maharashtra. TKM has consistently focused on building core capabilities and strengthening the educational ecosystem in Maharashtra through its structured skilling & CSR programs. Complementing these efforts, we continue to advance technology initiatives that support cleaner mobility and more efficient powertrain systems.”

Beyond vehicle displays, Toyota Kirloskar Motor held sessions on manufacturing culture and skill development for industry representatives and educational institutions. The company recently signed a Memorandum of Understanding (MoU) with the state government to develop a skilling ecosystem focused on Industrial Training Institutes (ITIs).

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Suzuki Motorcycle India (SMIPL), one of the leading two-wheeler manufacturers in the country, has announced the commencement of bookings for the e-Access, its first electric scooter. This launch marks Suzuki’s global entry into the electric two-wheeler segment, with India serving as the debut market for the model.

Priced at INR 188,490 (ex-showroom, Delhi), the e-Access can be reserved at authorised dealerships across India. The company has also confirmed that the scooter will be available for purchase through the e-commerce platform Flipkart once retail sales begin.

The e-Access is equipped with a lithium-ion battery designed for durability, which the company states will retain over 80 percent of its capacity after eight years of use. Technical features include a swingarm-mounted motor and a regenerative braking system that assists in energy recovery during deceleration. The scooter also includes a Type 2 charging port for compatibility with public charging infrastructure and a 5-inch TFT instrument cluster with smartphone connectivity.

Kenichi Umeda, Managing Director, Suzuki Motorcycle India, said, “The Suzuki e-Access represents Suzuki’s first global strategic battery electric vehicle. It offers long-life battery, agile handling, seamless acceleration and high quality fit & finish. With every element designed thoughtfully to make ownership easy, enjoyable, and worry-free, we remain committed to Suzuki’s global vision of sustainable mobility. We believe the Suzuki e-Access will be the choice for riders looking for a reliable, everyday electric scooter that fits into their lifestyle.”

The vehicle is available in four dual-tone colour options, including the new Metallic Mat Stellar Blue/Metallic Mat Fibroin Gray. To support the rollout, SMIPL has introduced financial products including interest rates starting at 5.99 percent and rental options ranging from 24 hours to 3 years.

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Swedish luxury carmaker Volvo Cars has introduced the EX60, an all-electric SUV featuring a claimed range of 810 kilometres on a single charge in an all-wheel drive configuration.

The EV is the first to be underpinned by SPA3, the company’s new electric architecture designed to increase efficiency and match the range of petrol engines.

The EX60 utilises cell-to-body technology, integrating the battery directly into the car's structure. This approach, combined with e-motors developed in-house and the use of mega casting to replace multiple components with single castings, reduces vehicle weight to improve energy efficiency.

Equipped with an 800-volt electrical system, the EX60 can add 340km of range in ten minutes when using a 400kW fast charger. The charging process is managed by software developed in-house and algorithms from Breathe Battery Technologies, which adjust power intake to maintain the battery in an ideal operating zone regardless of weather conditions.

Anders Bell, Chief Technology Officer, Volvo Cars, said, “The EX60 is designed to be a gamechanger. With our new electric vehicle architecture, we directly address the main worries that customers have when considering a switch to a fully electric car. The result is class-leading range and fast charging speeds, marking the end of range anxiety.”

Volvo Cars is offering a 10-year warranty on the EX60 battery. The use of mega casting in the manufacturing process marks a shift in Volvo’s production methods, aimed at simplifying assembly and reducing mass to further extend driving distance.

The EX60 represents the longest-range electric vehicle created by the manufacturer to date, focusing on real-life driving conditions and thermal management to maintain charging speeds.

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