Raptee.HV Launches India’s First High-Voltage Electric Motorcycle
- By MT Bureau
- October 14, 2024
Chennai-based EV startup Raptee.HV today launched India’s first high-voltage electric motorcycle, the T 30. The motorcycle is the first in India to adopt universal charging standards used by electric cars and can deliver a performance rivalling the 250-300 cc ICE counterparts with significantly less heat.
The motorcycle comes with an onboard charger, making it compatible with the 13,500 CCS2 car charging stations available across the country. Claiming an IDC Est range of around 200 km and a real-world range of over 150 km on a single charge, the motorcycle can accelerate from 0 to 60 kmph in under 3.5 seconds. The motorcycle comes with an IP67-rated battery pack, with an 8-year/80,000-km warranty, providing peace of mind and long-term value to customers.
The motorcycle will come in four dynamic colours – Horizon Red, Arctic White, Mercury Grey and Eclipse Black – for a price tag of INR 239,000. The deliveries will commence in Chennai and Bangalore from January, with plans to expand to other key cities based on the propensity for mid-premium motorcycles and the adoption of electric mobility in these selected markets.
Raptee.HV is also coming up with a factory-integrated experience centre, dubbed the ‘Tech store.HV’, at its Chennai headquarters to offer full immersive experiences to its customers, which includes a factory tour to show how motorcycles are being built. To ensure a seamless customer experience, Raptee.HV will also have a wide range of direct-to-consumer offerings.
Dinesh Arjun, Co-founder & CEO, Raptee.HV, said, “Our goal was never to create an electric version of an ICE motorcycle, but to do justice to motorcycling with truly pioneering tech. We have taken the core of advanced electric car tech and engineered it for motorcycles. Launching India’s first high-voltage electric motorcycle was a technical challenge from the very beginning. Over the last five years, the amazing team at Raptee has had to build the entire architecture from scratch to make HV on 2Wheelers possible. That we have succeeded is a testament to what can be achieved with the right vision and a focus on innovation. We believe our HV technology is the missing piece of the puzzle that will accelerate the electrification of motorcycles and revolutionise how motorcycles will be built in the future.”
Jayapradeep Vasudevan, CBO, Raptee.HV, said, “We are extremely excited to witness the passion and innovation coming to life as we launch our first motorcycle, setting new standards in the electric two-wheeler industry. The Indian motorcycle market is twice the size of the scooter market, and the low EV penetration in this larger segment presents a huge opportunity for us to explore, starting with our flagship model, the T30. As a team, we are fully committed to building the Raptee.HV brand by delivering a customer experience that matches the high standards of our motorcycles. In today’s context, automobiles, especially electric vehicles, are increasingly becoming electronics and software-driven, much like consumer durable products. With this in mind, we are inspired by premium consumer durable brands in shaping our approach to customer service. We plan to introduce a wide range of digital and direct-to-consumer offerings to ensure that our customers enjoy a seamless ownership journey with Raptee.HV. Our network expansion will be rolled out in phases, starting with company-owned experience centres in Chennai and Bangalore. By learning from these initial markets, we will strategically expand into other regions and international markets at the right time over the next few years. We have a clear strategic roadmap for the next five years and aim to become a significant player in EV industry in the years to come.”
- River Mobility
- Series C
- Aravind Mani
- Vipin George
- Elev8 Venture Partners
- Claypond Capital
- Singularity AMC
- Anicut Capital
- 360 ONE Asset
- JIF Capital
- HDFC AMC
- Yamaha Motor Corporation
- Al Futtaim Group
- Mitsui & Co.
- Alteria Capital
- Innoven Capital
- Stride Ventures
River Mobility Secures $120 Million In Series C Funding
- By MT Bureau
- August 05, 2026
Bengaluru-based electric two-wheeler manufacturer River Mobility has closed a USD 120 million Series C funding round comprising equity and venture debt.
The funding round was led by Elev8 Venture Partners and Claypond Capital, with equity participation from Singularity AMC, Anicut Capital, 360 ONE Asset, JIF Capital and HDFC AMC. Existing investors including Yamaha Motor Corporation, Al Futtaim Group, Mitsui & Co., Alteria Capital, Innoven Capital and Stride Ventures also participated in the round.
The company plans to utilise the capital to expand manufacturing capacity at its factory, construct a greenfield production facility, introduce products in the utility vehicle segment and support margin expansion and EBITDA targets.
River Mobility launched its Indie model in 2023 and operates over 75 retail locations across India, with plans to expand to 350 stores by March 2028.
At present, the company says its monthly EV sales have reached 5,000 units.
Aravind Mani, Co-Founder & CEO, River Mobility, said, "This funding marks an important milestone in River's journey. The confidence shown by both our existing and new investors reinforces our belief that there is tremendous opportunity to build India's first utility and design based mobility brand. This capital gives us the ability to accelerate our product roadmap, expand our manufacturing footprint and presence across the country."
Navin Honagudi, Managing Partner, Elev8 Venture Partners, said, “The electric two-wheeler market in India is entering a defining growth phase, driven by strong consumer adoption, improving economics, and increasing demand for differentiated products. River stands out for its sharp product thinking, exceptional execution capability, and a highly differentiated positioning in the market. Aravind, Vipin and the team have built a brand that resonates deeply with consumers looking for brilliant design, utility and durability. We believe River is well-positioned to emerge as one of the defining EV companies from India.”
Sekhar Garisa, Managing Director, Claypond Capital, said, “River has combined disciplined execution and thoughtful product differentiation to rapidly grow and garner customer love in a competitive market. We are excited to support the team as they scale further while contributing to the country’s energy transition and domestic manufacturing ambitions.”
Hajime Jim Aota, Chairman of Yamaha India Group, said, “River’s focus on building vertically integrated electric vehicle technology platform has been a key driver of its success. Yamaha are proud to see the progress made by River so far and are excited about being part of the next phase of growth.”
Ather Energy’s New Mass Market E-Scooter Called Konarc, Launch On 29 August
- By MT Bureau
- August 05, 2026
Bengaluru-based electric vehicle maker Ather Energy is all set to introduce its latest offering the Konarc e-scooter.
The launch, scheduled for its community event Ather Community Day, will take place on 29 August 2026 in Bengaluru. The new EV is based on the company’s EL platform, which is said to be designed for versatility, scalability and manufacturing efficiency.
While most details are still under wraps, the upcoming scooter is intended to address the price segment of INR 100,000 to INR 125,000.
The EV maker has made rapid strides in perfecting the software and hardware on its product offering, and the introduction of Konarc is expected to further expand accelerate volume sales.
The 2025 Ather Community Day 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.
Hyundai Motor India Launches Assured Buyback Scheme For Creta Electric
- By MT Bureau
- August 04, 2026
Hyundai Motor India, one of the leading passenger vehicle manufacturers, has launched an assured buyback scheme for the Hyundai Creta Electric SUV, offering buyers a 60 percent guaranteed residual value for up to three years or 45,000 kilometres. The program aims to address depreciation concerns among buyers transitioning to electric vehicles.
The initiative follows the company's introduction of its Battery-as-a-Service (BaaS) model for the Creta Electric, which carries an entry price of INR 1.09 million with battery rental rates starting at INR 3.9 per kilometre to lower upfront purchase costs.
The Creta Electric features ARAI-certified driving ranges of 510 kilometres for the 51.4 kWh battery option and 420 kilometres for the 42 kWh variant, with DC fast-charging capabilities that enable a 10 to 80 per cent charge in 39 minutes.
Tarun Garg, MD & CEO, Hyundai Motor India, said, “The next phase of electric vehicle adoption in India will be driven equally by advancements in vehicle technology and by greater customer confidence. Hyundai Creta Electric has been engineered to deliver an exceptional ownership experience backed by Hyundai’s global EV expertise and the trust of the iconic Creta brand. Our Assured Buyback Program, offering 60 percent assured buyback value, reflects our confidence in the product’s outstanding quality, reliability and long-term value. Together with our Battery-as-a-Service initiative, expanding charging infrastructure and future EV roadmap, we are building one of India’s most comprehensive EV ecosystems, enabling customers to embrace electric mobility without compromising on convenience, confidence or peace of mind.”
To support its electric fleet, Hyundai provides access to over 30,000 charging points via its digital app. The carmaker currently operates 183 DC fast-charging stations across 105 cities in India, with plans to expand its network to 600 stations by 2030 across highways, cities, and dealership locations.
Indofast Energy Partners Zeon Charging To Expand Battery Swapping Infrastructure
- By MT Bureau
- August 04, 2026
Bengaluru-headquartered Indofast Energy, the battery swapping joint venture between Sun Mobility and Indian Oil Corporation, has entered into a partnership with charge point operator Zeon Charging to expand battery swapping infrastructure across retail and transit locations in Southern India.
As per the understanding, Indofast Energy will deploy its Quick Interchange Stations (QIS) across Zeon Charging's network of sites, including shopping centres, metro parking facilities, and commercial hubs in Bengaluru, Hyderabad and Chennai.
The rollout has commenced with the installation of 6 QIS across two locations in Bengaluru, including Orion Mall in Rajajinagar. Plans are underway to expand the Orion Mall setup with 5-6 additional swap stations.
The partnership provides Indofast Energy with access to locations equipped with electrical infrastructure and positioning along urban transit corridors, targeting commercial two-wheeler electric vehicle drivers and delivery fleets. Indofast Energy currently operates a network of over 450 stations in Bengaluru, alongside more than 1,900 swap stations across 24 cities in India.
Subhash Bhat, Interim CEO, Indofast Energy, said, "Our collaboration with Zeon Charging enables us to bring battery swapping to some of the most accessible and high-visibility locations across Southern India. Premium malls, metro parking facilities, and commercial hubs are exactly the kind of high-traffic sites where EV users need seamless energy access. By partnering with an established CPO like Zeon, we are accelerating our network expansion into power-ready, strategically positioned locations. This is a natural extension of our mission to make battery swapping accessible wherever riders need energy, making it the most practical and accessible choice for EV users across India."
Akhil Venkateshwaran, CTO & Director, Zeon Charging, said, "At Zeon Charging, we are building future-ready EV infrastructure that serves the evolving needs of India's electric mobility ecosystem. Partnering with Indofast Energy unlocks a vital piece of this objective catering to both fixed-charging users and the rapidly growing battery swapping segment. This collaboration at strategic venues like Orion Mall in Bangalore proves that integrating swapping stations into premium retail and transit hubs is highly effective in creating a seamless, sustainable, and convenient experience for EV drivers across Southern India. We look forward to scaling this partnership rapidly across our network."

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