PMV Electric Eas-E

PMV Electric Eas-E

A Mumbai-based start-up enterprise PMV Electric has unveiled its first car called the Eas-E. Born out of the thinking of the company’s founder, Kalpesh Patel who used to take an hour to reach his office some 10 kms away in 2016, the Eas-E is termed as one-of-its-kind since it measures almost half the width of an SUV. Priced at INR 479,000, the car is actually a micro electric car that is aimed at ‘everyday’ use under the Personal Mobility Vehicle (PMV) category.  

Offering a range of 120 km,160 km and 200 km, according to the company, the Eas-E is designed counter the fact that often people commute in a big car – contributing to emissions in the process – all alone and take up far more space than they could with a micro car making it easier and convenient for all.
With a top speed of 70 kmph and an ability to accelerate from 0 to 40 kmph in under 5 seconds, the Eas-E, according to the company’s founder Kalpesh Patel, is fast by the virtue of its ability to slip through small openings in traffic. Stating that there is a drastic need to cut down emissions in a scenario where climate change induced events are evident in the form of flooding and extreme heat waves, Patel said, “The Eas-E is a smart electric micro car that weighs roughly 550 kg and can accommodate two adults and a child for their commute to office and school.” 

Designed to have the driver seating at front and the passenger at the rear, the Eas-E comes with different riding modes, which can be accessed through a dashboard on the driver’s seat.  

Providing features like the Eas-E mode for feet-free driving (pressing a switch on the 3-spoke multi-function steering wheel has the e-micro car crawling when the traffic turns dense), remote parking assist, cruise control, remote connectivity and diagnostics, Bluetooth connectivity, onboard navigation, access to music control and call control by connecting the smartphone, the Eas-E can be charged from any 15A outlet in three-to-four hours with an onboard charger. 

Informing that the Eas-E is our vision of the future of urban mobility, Patel said, “It is your everyday car to the world. It is a product that not only pushed our creative and innovative limits to raise the bar but also paved the way to create a new category in the Indian Automotive industry called the Personal Mobility Vehicle (PMV).” 

To enter production soon, the electric micro car will be offered to buyers all over the country. Pre-booking is open and the e-micro car can be booked with a payment of INR 2,000. Revealing that his company has already received over 6000 pre-orders from the domestic as well as the international markets, Patel mentioned that talks are at an advanced stage to set up a manufacturing facility at Pune along with a partner.  

The company aims to commence deliveries by mid-2023 and conduct the test rides close to deliveries. 
 

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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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