The Union Minister for Heavy Industries, Dr Mahendra Nath Pandey, today inaugurated ‘Towards Panchamrit’ – Conference & Exposition on MHI schemes for the promotion and development of the automotive industry in the country, at the International Centre for Automotive Technology (ICAT), in Manesar, Haryana. The government is giving a major push to clean fuels in order to drive India towards cleaner mobility. The ‘Towards Panchamrit’ event is an effort in this direction to promote the adoption of ‘Panchamrit’, that are the five clean fuels – hydrogen, ethanol, bio-diesel, gas and electric vehicles. Dr Pandey and MoS Heavy Industries, Krishan Pal Gurjar, also inaugurated the exposition and ICAT Incubation Centre.

The event was attended by automotive industry leaders, senior government officials from MHI, NITI Aayog, MoRT&H, MoP, MoP&NG, senior academicians, start-ups and students. The exposition had displays from over 84 companies, which included 33 component manufacturers, 11 companies from testing equipment manufacturers and 36 vehicle manufacturers. Around 1,500 automotive professionals participated in the event. 

Dr Pandey emphasised that in line with the Prime Minister, Narendra Modi's announcements at COP 26 – ‘Panchamrit Ki Saugat’, five commitments to achieve the vision of becoming a carbon-neutral country by 2070, the ministry is making comprehensive efforts to move towards fulfilling this vision. He further said that the government has abolished duty on vehicles brought in by international automakers for testing purposes in the country, which earlier attracted duties of 252 percent. He states that this will attract automakers from more countries to avail the testing facilities available in the country, and expressed his gratitude to the Prime Minister as well as the Finance Minister, Nirmala Sitharaman, for this. 

Gujjar highlighted the initiatives taken by the ministry to promote clean and green mobility. He said that these initiatives will give a boost to domestic manufacturing, help in employment generation, reduce the dependence on exports, promote the growth and development of the industry and thereby, help achieve the vision of Atmanirbhar Bharat in the automotive industry.

Secretary, Kamran Rizvi, said that the Ministry of Heavy Industries, through its schemes PLI ACC, PLI Auto and FAME II, is taking directed action towards driving India towards cleaner mobility. Rizvi also highlighted that in the last five years, the country has adopted EV technology at a very fast pace. He asked the industry to avail the benefits of MHI schemes and expressed confidence that the Indian automotive industry will make a place for itself in the world market.

At the event, there were technical sessions on developing technologies for hydrogen, EVs, biofuels and gas-fueled vehicles. The speakers from the automotive industries gave presentations on new cutting-edge technologies and the way forward to achieve the vision of Atmanirbhar in the industry. The conference deliberations also brought out policy and regulatory ecosystem for the faster adoption of these new technologies. Plus, a dedicated session was organised where representatives of the automotive industry discussed and shared suggestions with officials for the successful implementation of these schemes. 

Besides this, dignitaries visited test facilities and the certification infrastructure available at ICAT. These state-of-the-art facilities will help in the development of technologies and certification of automotive products. Over 10 start-ups displayed products which they claim will become market-ready with the support of ICAT facilities.

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Delhi-NCR-based electric vehicle maker Euler Motors has entered the electric three-wheeler passenger category with the 'Neo by Euler' brand.

The company introduced the first vehicle under this brand, the Neo HiRANGE electric three-wheeler, with an introductory price of INR 309,999. The vehicle is designed for last-mile passenger transport in cities.

The vehicles under the 'Neo by Euler' brand will serve a range of customers, including new EV buyers, drivers for ride-hailing services, fleet operators and self-employed owners. Euler Motors plans to roll out these vehicles across 50 Indian cities over the next three to four months.

Euler Motors states that autorickshaws are a vital part of urban transport in India. Its new EV, the Neo HiRANGE, addresses the need for reliable, long-range and durable vehicles in this sector. The company's two years of research and development, which included conversations with over 10,000 auto-rickshaw drivers, shaped the vehicle's design. The Neo HiRANGE is built for Indian roads, with a rugged chassis and real-time diagnostics.

The vehicle comes in three variants: Neo HiRANGE Maxx, HiRANGE Plus and HiRANGE. The top variant offers a range of over 200 km on a single charge and can be charged in 3.25 hours. It has a skateboard chassis, 65 Nm of torque and hill-assist for stable performance. The vehicle includes a warranty of up to six years or 175,000 km and an anti-theft GPS system.

Saurav Kumar, Founder and CEO, Euler Motors, said, "We are excited to enter the commercial passenger EV segment. 'NEO by Euler' reflects our proven leadership in the commercial EV market. It is the result of deep product learning and on ground engagement with auto drivers across Indian cities. We heard firsthand challenges faced by drivers every day, from long fuel queues and unreliable maintenance to passenger discomfort, and low savings. These insights have shaped every aspect of the brand. Drivers want a solution that offers the highest range in a single charge, supports their livelihood, and gives them the confidence to keep moving. 'Neo by Euler' is our response to those needs; a no-compromise brand built for the realities of commercial passenger mobility in India offering best in class passenger comfort, consistent earning to drivers and overall safe solution."

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Bengaluru-headquartered electric vehicle company Ola Electric has announced that it’s Gen 3 e-scooter portfolio has received Certification for Compliance under the Production Linked Incentive (PLI) Scheme for the automobile and auto components sector.

The certification granted by the Automotive Research Association of India (ARAI) will allow Ola Electric to receive incentives from 13 percent to 18 percent of the determined sales value (DSV) until 2028.

At present, the company’s Gen 3 portfolio comprises of S1 Pro 3 kWh, S1 Pro 4 kWh, S1 Pro+ 4 kWh, S1 X 2 kWh, S1 X 3 kWh, S1 X 4 kWh and S1 X+ 4 kWh.

 “Securing PLI certification for our Gen 3 scooters, which form the bulk of our sales, is a critical step towards profitability. This will directly strengthen our cost structure and margins, enabling us to deliver sustainable growth. With our auto business targeted to turn EBITDA positive, the certification acts as a strong catalyst to achieve that goal while ensuring our customers continue to get the best-in-class EVs at highly competitive prices,” said a Ola Electric spokesperson.

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German luxury automotive brand BMW Group India has cemented its leadership in the luxury electric vehicle (EV) market by becoming the first in the segment to deliver over 5,000 EVs in the country. To mark this significant milestone, the company has inaugurated a new high-power charging corridor spanning 4,000 kilometres from North to South, offering charging access to all EV brands.

The new corridor features charging stations every 300 kilometres, effectively linking major cities and highways from Jammu to Madurai. The route covers key locations including Delhi, Jaipur, Ahmedabad, Mumbai, Pune, Bengaluru and Chennai, aiming to eliminate range anxiety for EV drivers.

Vikram Pawah, President and CEO, BMW Group India, said, “BMW Group India is immensely proud to become the first luxury carmaker to cross the remarkable milestone of 5,000 electric vehicle deliveries. This achievement is not just a number, it represents our unwavering commitment to e-mobility and pioneering spirit in the premium EV landscape. At BMW, luxury and performance is delivered seamlessly with sustainability, and our electric products embody this philosophy. In this journey, we will continue to delight our customers with the most electrifying products and services that provide complete peace of mind. To mark this milestone, we are happy to introduce our high-power charging corridor. Across the length of the nation, from Jammu to Madurai, EV customers can now just sit back and enjoy Sheer Driving Pleasure without a second thought.”

In a move to encourage broader EV adoption, BMW Group India has made these new charging stations accessible to all EV owners, regardless of their vehicle's brand. The stations, with capacities ranging from 120kW to an impressive 720kW, are a part of a larger network of over 6,000 charging points across the country, accessible via the myBMW app. The company is collaborating with charging operators like Statiq and Zeon to manage these new stations.

The sales milestone has been attained by the company’s expansive portfolio of EVs compromising the flagship BMW i7 to the popular BMW iX1 Long Wheelbase, which was the highest-selling BMW EV in the first half of 2025.

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Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company has launched a new electric three-wheeler, the ‘TVS King Kargo HD EV’ at INR 385,000 (ex-showroom Delhi), which it believes will transform urban and semi-urban logistics. The EV is engineered for performance, durability and connectivity in the last-mile delivery sector.

The King Kargo HD EV is designed to improve safety and comfort for operators. It features several segment-first innovations, including LED headlamps and tail lamps for better visibility and a spacious cabin with fully rolling windows. For enhanced performance, it has a dedicated Power Gear Mode that provides higher torque when carrying heavy loads.

The new three-wheeler is also India's first Bluetooth-enabled cargo three-wheeler. It comes equipped with TVS SmartXonnect, offering 26 smart features, along with twin-axis rear-view mirrors for safer navigation through congested city streets. The vehicle’s connected features are managed through TVS Connect Fleet, a web-based platform that gives fleet operators real-time tracking, remote control and advanced analytics for efficient fleet management.

Rajat Gupta, Business Head of Commercial Mobility at TVS Motor Company, said, “The launch of the TVS King Kargo HD represents a transformative moment in the evolution of cargo mobility, aligned to our ‘Re-Imagine 2030’ vision. This three-wheeler will set new benchmarks by delivering an unmatched combination of smart features, high load capability, comfort, ergonomics and safety. Coupled with the TVS Connect Fleet, the vehicle will empower businesses and also improve the everyday life of operators. With the TVS King Kargo HD EV, we are confident of redefining customer expectations and enabling them to achieve more, every day, effortlessly.”

In its initial phase, the TVS King Kargo HD EV will be available in key markets, including Delhi-NCR, Rajasthan and Bengaluru. The company also showcased a CNG variant, which is scheduled for release later this year.

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