- PURE EV
- Expansion plans
- domestic
- international
- exports
- Middle East
- Africa
- Nepal
- Bhutan. e-scooters
- e-motorcycles
- India
- Hyderabad
PURE EV Chalks Out An Expansion Plan
- By MT Bureau
- December 07, 2024
Entering the manufacture of electric motorcycles, PURE EV has chalked out an aggressive expansion plan for India and the globe. Over the next 30 months, the company will add 250 new dealerships in its domestic market, taking its total number of dealerships to over 320. This ambitious endeavour will help the Hyderabad-based electric two-wheeler maker to increase its reach manifold in the domestic market.
Offering its electric two-wheelers – scooters and motorcycles – to the young and family men as well as to gig workers and small businessmen, the company is banking on its electric motorcycles as it feels that the demand for motorcycles is greater than that of the scooters.
Stating that 70 percent of the two-wheeler market in India is dominated by motorcycles, Dr Nishanth Dongari, Founder and MD, PURE EV, averred, “PURE EV has recently supplied more than 300 e-motorcycles to the Tamil Nadu Forest Department and Tata Power in Odisha. Such collaborations not only drive sales but also demonstrate the growing adoption of e-motorcycles in fleet operations.”
Expressing that PURE EV is the first company to integrate Nano PCM (Phase Change Material) into its battery systems for efficient thermal management, Dongari said, “The company has already launched two models—the ecoDryft, which caters to the 110cc market, and the eTryst, which is designed to compete with the 125cc segment. These models leverage PURE EV’s innovative ‘X-Platform’ to deliver a mileage of 171 km/charge through advanced powertrain technology and advanced features such as hill hold, coasting regen, reverse mode etc.”
Emphasising that the adoption of breakthrough technology in the form of ‘Nano PCM’, Dr Dongari explained, “The risk of un-safe thermal incidents are eliminated, ensuring superior safety for electric vehicles and boosting consumer confidence.” “Also improving battery performance significantly, the adoption of Nano PCM has not only enhanced the safety profile of our EVs,” he added.
The global expansion plans of the company include Nepal and Bhutan. By the last quarter of the current financial year, the PURE EV is preparing to invade these markets. It is also preparing to step into the Middle East and African markets subsequently.
To launch PuREPower – a revolutionary innovative product that can work as a back-up for households and small business in case of power outages while working as scooter and motorcycle batteries at other times – in the 2025 calendar year, PURE EV is catering to a customer base of 20,000 customers.
TVS Motor Co Launches iQube E-Scooter In Kenya
- By MT Bureau
- August 14, 2026
Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company, part of the TVS VENU group, has launched the TVS iQube electric scooter in Kenya, marking the company's entry into the African electric vehicle market.
The e-scooter is equipped with an electric motor delivering a peak output of 4.6 kW, achieving acceleration from zero to 40 kmph in 4.2 seconds.
Peyman Kargar, President – International Business, TVS Motor Company, said, "The TVS iQube in Kenya marks our entry into the African EV market and reflects our continued focus on expanding innovative electric solutions across international markets. It’s a key milestone in our growth journey.”
The entry into East Africa comes as two-wheeler adoption expands across the continent. According to company figures, global sales of the TVS iQube series have exceeded one million units.
Vijay Gidoomal, Chief Executive Officer of distribution partner Car & General, added, “While the overall African two-wheeler market is growing at 7-10 percent CAGR through 2030, the electric two-wheeler market is growing much faster, with forecasts ranging from 15-25 percent CAGR through 2030-31. EV penetration’s still low relative to the size of the industry and the runway promises to be extremely long.”
Lucid Group Intros Gravity GT-S Electric SUV
- By MT Bureau
- August 14, 2026
Lucid Group, Inc. has introduced the Lucid Gravity GT-S, a performance variant of its electric SUV model. The vehicle features an electric powertrain delivering 1,070 horsepower and a claimed acceleration from zero to 60 mph (96 kmph) in 3.1 seconds.
The e-SUV features a three-row seating setup for seven adults alongside cargo storage space. Standard equipment includes independent rear-wheel steering and an adaptive three-chamber air suspension designed to alter vehicle height at higher speeds. It will be presented at the Pebble Beach Concours Village during Monterey Car Week.
Derek Jenkins, Chief Creative Officer, Lucid, said, "With Lucid Gravity GT-S, we've created a more expressive and exhilarating interpretation of the Gravity SUV. It combines extraordinary performance with the comfort, space, and versatility that define Gravity, delivering an exceptional experience for our customers that is uniquely Lucid."
The exterior of the model features blue accents and painted brake calipers. On the inside, it features blue stitching, piping and seatbelts across the seating rows, alongside embossed logos on the front headrests.
The Lucid Gravity GT-S is priced from USD 125,900, excluding taxes, registration fees, optional equipment and an USD 1,850 destination charge.
MMCM Appoints Prasad S Shetty As Chief Financial Officer
- By MT Bureau
- August 13, 2026
Mumbai-headquartered Meta Materials Circular Markets (MMCM), a circular economy solutions platform, has appointed Prasad S Shetty as its new Chief Financial Officer. The appointment comes as the company expands its operations across carbon credits, Extended Producer Responsibility (EPR) frameworks and digital Measurement, Reporting & Verification (MRV) systems.
Shetty is a Chartered Accountant with over 13 years of experience in finance, strategy, taxation and governance. Prior to joining MMCM, he served as Associate Director – Finance at Freight Tiger, a logistics technology company backed by Tata Motors. His previous career history includes roles at BARC India, where he managed taxation, reporting and audits, and Allcargo Logistics, where he oversaw group-wide GST implementation. In his new role, Shetty will oversee the finance function, driving financial direction and governance structures.
Nitin Chitkara, CEO, Meta Materials Circular Markets, said, “As India's circular economy and carbon markets ecosystem enters a more active and consequential phase, it is critical that we build a leadership team equipped to match that momentum. Prasad brings deep financial and governance expertise across high-growth, complex businesses, and his experience will be invaluable as we scale our operations, strengthen our financial discipline and continue building credible, high-integrity market infrastructure. This appointment is an important step in future-proofing our leadership as we prepare for our next phase of growth.”
Prasad S Shetty added, “I am excited to join MMCM at a pivotal time for India's circular economy and carbon markets. The opportunity to build robust financial foundations for a company that sits at the intersection of sustainability and innovation is one I am truly looking forward to. I look forward to working closely with the leadership team to drive financial discipline, strengthen governance and partner across the business to support MMCM's long-term growth and value creation.”
At present, Meta Materials Circular Markets provides data platform services for the automotive sector, integrating carbon credits, EPR frameworks and digital MRV systems to support sustainable material recovery.
BGauss Unveils Oowah, Its First EV Pop Scooter For India's Youthful Riders
- By MT Bureau
- August 11, 2026
BGauss has introduced the Oowah, a new electric scooter engineered for India’s emerging generation of first-time EV buyers. Marking the company’s inaugural entry into the EV Pop scooter category, the vehicle blends practical urban commuting with a distinctive, expressive design philosophy tailored to the contemporary Indian rider.
The scooter is powered by a 3.0 kWh removable Lithium Iron Phosphate battery, which facilitates convenient indoor charging for owners without dedicated home infrastructure. Achieving an ARAI-certified range of 145 kilometres, the Oowah is available in four bold colour options – Emerald Shadow, Jamun Punch, Zesty Red and Tangy Toma – and is engineered to balance reliable performance with a striking aesthetic.
Everyday usability has been prioritised through the integration of several rider-centric features. These include reverse assist for effortless parking, a distance-to-empty indicator for journey planning and a side stand sensor to enhance safety. Additional amenities such as USB charging, full LED lighting and generous under-seat storage are intended to make electric mobility more intuitive and convenient for daily use.
This launch coincides with a significant growth phase in India’s electric two-wheeler market, which recorded over 1.11-million-unit sales in early 2026 and surpassed 11 percent monthly penetration. While current offerings are largely premium or value-focused, BGauss identifies an emerging category centred on design and self-expression. The Oowah represents the brand’s strategic expansion beyond its existing commuter models, directly targeting youthful buyers and first-time owners as the market evolves towards mainstream, high-volume demand.
Hemant Kabra, Founder, BGauss, said, “The Indian two-wheeler buyer is changing faster than most product portfolios have kept pace with. Gen Z wants products that are expressive, contemporary and enjoyable to own. With Oowah, we are introducing a new category that blends bold design with trusted electric mobility. It is a scooter that reflects individuality while delivering the reliability and practicality that riders expect from BGauss.”

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