Ultraviolette has unveiled Tesseract, claimed to be the world’s most advanced electric scooter, and Shockwave, a new lightweight motorcycle, at the FAST FORWARD India ’25 event in Bengaluru.

Tesseract can be fast charged to 80 percent in less than an hour and has a 261-kilometre inter-city range with a peak power output of 20 horsepower (15 kW). When combined with Omnisense mirrors, Tesseract's segment-first integrated radar and dashcam offer cutting-edge safety features including blindspot detection, lane change, overtaking assist and real-time collision alerts. Additionally, it has dynamic regen and traction control for increased safety and energy efficiency. To further improve rider awareness and lower the chance of accidents, Tesseract also has multi-colour LED displays integrated into the ORVMs and a 7-inch touchscreen TFT display.

For the first 10,000 buyers, Tesseract is being offered for an introductory price of INR 120,000. Tesseract will cost INR 130,000 for the next 50,000 consumers, with INR 145,000 being the ultimate price. Tesseract pre-orders are currently available for INR 999, and deliveries are expected to start in early 2026. There will be four different colour options for Tesseract: Solar White, Sonic Pink, Stealth Black and Sunburst Sand.

The second mobility solution from Ultraviolette, Shockwave, was painstakingly created and constructed to satisfy the needs of riders looking to have an exciting ride and rediscover the love of riding. With a remarkable IDC range of 165 km and a peak power output of 14.5 horsepower (10.8 kW), Shockwave has a 3.5-kWh battery. The Shockwave comes in two different colour options: Cosmic Black and Frost White, and it is available for pre-booking for INR 999. The first 1,000 clients will receive it at an introductory price of INR 149,000.

Narayan Subramaniam, CEO and Co-Founder of Ultraviolette, said, “We are exhilarated to introduce our latest products – The World’s Most Advanced Electric Scooter and a new Motorcycle that will redefine urban commuting. Our top-down approach has enabled us to harness the core technology that we have developed over the last seven years. Our new scooter and light-weight motorcycle platform epitomises iconic design, segment defining features and category leading performance that will ensure an unparalleled riding experience. We are proudly presenting this portfolio on a National and Global stage – highlighting Indian R&D, indigenous technological prowess and engineering excellence. Our journey is just getting started as we aim to position India as the global leader in mobility.”

Niraj Rajmohan, CTO and Co-Founder of Ultraviolette, said, “Our cutting-edge technology is poised to become more accessible to the mainstream market while maintaining the brand's hallmark of futuristic design and advanced engineering. Today, we have showcased several exciting segment-first technologies that will significantly influence the future of rider safety and connected riding gear, which promises a more seamless ride. This demonstrates our steadfast commitment to innovation, research and development and customer centricity. We will continue to focus on developing superior technologies that not just makes our products the best-in-class but deliver a more connected and hassle-free riding experience.”

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.

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.

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.”

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."