Ola Opens 3,200 New Stores, Expands Network To Over 4,000 Facilities
- By MT Bureau
- December 26, 2024
Ola Electric, one of India’s largest pure-play electric vehicle companies, has expanded its physical network to over 4,000 stores nationwide, which it claims is a four-fold increase over its existing network.
The EV maker recently opened over 3,200 new stores co-located with service facilities across the country, which it believes will enable it to make faster inroads in not just urban areas but also rural India.
Bhavish Aggarwal, Chairman & Managing Director, Ola Electric, said, “With our newly opened stores co-located with service centres, we have completely redefined EV purchase & ownership experience, setting new benchmarks with our #SavingsWalaScooter campaign. As we continue to scale, we are committed to pushing the boundaries of innovation and accelerating the country’s journey towards #EndICEAge.”
The company also recently showcased the limited edition ‘Ola S1 Pro Sona’ e-scooter, which comes with real 24-karat gold plated elements. The e-scooter will be presented to the winner of the #OlaSonaContest.
At present, Ola Electric’s product portfolio includes the – Gig and S1 Z scooter range starting at INR 39,999 for the B2B segment and S1 portfolio starting at INR 74,999 for personal commuter segment.
E3 Electric.Ai Secures INR 1 Billion In Series A Funding Led By BluVenture Holdings
- By MT Bureau
- July 15, 2026
Bengaluru-based electric mobility startup E3 Electric.Ai has raised INR 1 billion in a Series A funding round led by BluVenture Holdings. The company intends to use the capital to support product development and expand its presence across India ahead of the launch of its E3 TRION scooter.
The start-up focuses on integrating artificial intelligence (AI) into electric scooters to manage safety, reliability and charging. Its platform utilises modular architecture to produce variants from a single chassis and incorporates AI for maintenance and routing.
E3 Electric.Ai maintains an R&D team and holds a portfolio of over 18 patents in modular architecture, battery systems and safety. The company positions its scooters as an alternative to the 110cc internal combustion engine segment.
P Sanjeev, Founder & CEO, E3 Electric.Ai, said, "At E3, we believe electric vehicles should predict, learn and continuously improve, making mobility safer, more reliable and affordable over time. E3’s DNA is defined by 3 words, Modular + AI + Human. Our Modular platform enables us to build multiple scooter variants from the same chassis. E3’s patented AI stack enables preventive maintenance check and smart routing to address range anxiety. E3 TRION is crafted with care and introduces best in class anthropometry-based ergonomics for a very comfortable ride. This investment enables us to accelerate our vision of making intelligent mobility accessible to millions of Indian families."
Shaun Dawson, LP with BluVenture Holdings, said, "As the world’s largest two-wheeler market, India is at an inflection point in its EV transition journey. E3 has built an impressive technology platform combining modular engineering with software-led intelligence that is tailor-made for electric scooters. Sanjeev’s deep expertise enabled E3 to build a profitable, sustainably scalable operating model instead of the industry's typical heavy-burn approach. E3 is smartly leveraging AI to track performance and health parameters, delivering predictive maintenance & value. We see the opportunity to build a category-defining company."
Ather Energy To Unveil Mass-Market Scooter On 29th August
- By MT Bureau
- July 14, 2026
Bengaluru-based electric vehicle maker Ather Energy has announced that the fourth edition of its community event, Ather Community Day, will take place on 29 August 2026 in Bengaluru.
On 29th August, Ather Energy will unveil its first e-scooter built on its EL platform, marking its entry into the mass-market scooter segment.
The EL platform is a vehicle architecture designed for versatility, scalability and manufacturing efficiency. The upcoming scooter is intended to address the price segment of INR 100,000 to INR 125,000. In addition to the vehicle, Ather will showcase innovations in technology, charging and ownership systems.
In what can be seen as a further interesting development, Hero MotoCorp, which was amongst the earliest backers in the EV maker, has approved an investment of INR 10 billion in Ather Energy.
At present, Hero MotoCorp holds 29.48 percent stake in the company. The new investment will further see subscription to equity shares or other eligible securities, including compulsorily convertible preference shares and warrants to be issued by Ather Energy on a preferential basis.
Ather Community Day serves as an event for owners, enthusiasts and partners to view product developments and company strategy. The 2025 event, held on 30 August, hosted over 4,000 attendees and featured the unveiling of the EL platform, the Redux concept vehicle, fast-charging technology and AtherStack 7.0.
HPCL Conducts Fuel Quality Inspections To Monitor Ethanol-Blended Petrol
- By MT Bureau
- July 14, 2026
Hindustan Petroleum Corporation (HPCL), one of the leading Oil Manufacturing Companies (OMCs), has conducted a series of inspections to monitor ethanol-blended petrol across its retail network.
Between 3 July and 13 July 2026, the company performed 1,385 regular field inspections, alongside 2,173 surprise inspections between 7 July and 13 July.
Additionally, HPCL’s Quality Assurance Cell completed 93 surprise inspections and 49 fuel samples were tested in mobile laboratories. According to HPCL, no irregularities, contamination, or issues regarding quality compliance were detected during these checks.
HPCL maintains a quality assurance system that includes field inspections, surprise checks and laboratory testing to ensure fuels meet specified standards.
Kazam Launches Integration Programme For Charge Point Operators Into Unified Bharat e-Charge Platform
- By MT Bureau
- July 13, 2026
Kazam has introduced a seven-day programme to assist Charge Point Operators (CPOs) in connecting their existing networks to the Unified Bharat e-Charge (UBC) platform at no initial cost.
The initiative utilises Kazam’s Beckn Provider Platform to facilitate the onboarding of CPOs to the interoperability layer developed by the Ministry of Heavy Industries, BHEL and NPCI.
Unified Bharat e-Charge is designed to provide an open network that allows users to find charging stations, check availability, compare prices and manage payments through compatible applications. CPOs with OCPI-compatible systems can integrate their current management systems, applications, and pricing models into the network.
Akshay Shekhar, Co-Founder and CEO, Kazam, said, “India does not need every charging operator to build another consumer application. It needs every reliable charger to become accessible through an open and trusted network. Through this programme, we want to ensure that the cost of integration does not prevent capable CPOs from participating in Unified Bharat e-Charge. Kazam will provide the provider-side infrastructure so operators can connect their existing ecosystems without rebuilding them from the ground up.”.
Participating CPOs will receive support for network assessment, OCPI integration, protocol enablement, sandbox testing and transaction validation. By joining the network, operators can improve the discoverability of their charging stations while retaining control over their assets, pricing and customer relationships. Kazam is already live on the network, supporting transactions through BHIM and other participants.

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