Simple Energy Launches 400km Range Ultra E-Scooter At INR 234,999

Simple Ultra range

Simple Energy, the Bengaluru-based automotive startup, has announced the pricing and commencement of deliveries for the Simple Ultra at INR 234,999 (ex-showroom).

Positioned as the longest-range electric scooter in India, the Simple Ultra has a claimed Indian Drive Cycle (IDC) range of 400 km. The Simple Ultra marks the company’s fourth product launch within the 2026 calendar year.

The EV is powered by a 6.5 kWh battery pack and features a high-performance architecture. Technical specifications include a claimed top speed of 115 kmph and an acceleration of zero to 40 kmph in 2.77 seconds, making it the second fastest scooter in the brand's portfolio. To manage this performance, the vehicle is equipped with a four-level traction control system and a seven-inch digital rider’s console.

The launch follows the introduction of the second-generation Simple One and Simple OneS models earlier this year. Simple Energy is currently expanding its retail presence, which now includes approximately 70 touchpoints across major cities such as Delhi, Hyderabad, Kochi and Chennai. Further expansion into Nagpur, Ranchi and Bhubaneshwar is planned for the coming months.

Suhas Rajkumar, Founder and CEO, Simple Energy, said, “At Simple Energy, we engineer with intent. The Simple Ultra is built for riders who demand extreme range and performance without compromise. With a 400 km IDC range and high-performance architecture, it sets a new benchmark for electric two-wheelers in India. With prices now revealed and deliveries underway, we are delivering truly anxiety-free electric mobility at scale, backed by our expanding pan-India network.”

TVS Motor Co Reports INR 11.74 Billion Net Profit For Q1 FY2027

TVS Motor Co

Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company has reported revenue of INR 138.96 billion for Q1 FY2027, marking a 38 percent increase compared to INR 100.81 billion in the corresponding period of the previous year.

For Q1 FY2027, EBITDA reached INR 17.79 billion, up 41 percent from INR 12.60 billion, Profit After Tax grew by 51 percent to INR 11.74 billion, compared to INR 7.76 billion for the same period last year.

The company reported its overall two- and three-wheeler sales grew by 28 percent to 1.63 million units, up from 1.28 million units.

In the two-wheeler segment motorcycle sales increased by 19 percent to 740,000 units, while scooter sales grew by 36 percent to 680,000 units.

Electric two-wheeler sales grew by 86 percent to 129,940 units, bringing the total customer base past 1-million-unit milestone. Three-wheeler sales grew by 48 percent to 66,697 units.

The overall exports grew by 33 percent to 470,000 units.

Bajaj Auto Net Profit Rises 40% To INR 29.83 Billion For Q1 FY2027

Bajaj Auto

Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto has announced its financial results for Q1 FY2027, with revenue from operations coming at INR 172.44 billion, marking a 37 percent YoY, as compared to INR 125.84 billion last year.

The EBITDA came at INR 35.96 billion, while Profit after Tax reached INR 29.83 billion, both rising over 40 percent YoY, as against INR 20.96 billion last year.

During Q1, total sales reached 1.43 million units, representing a 29 percent increase YoY, which includes 1.22 million two-wheelers, up 29 percent YoY and 215,699 three-wheelers, up 33 percent YoY.

Bajaj Auto stated that its domestic revenues grew 26 percent YoY, with electric vehicles accounting for approximately 30 percent of the domestic business.

On the exports front, volumes surpassed 700,000 units, generating record revenues driven by growth in Latin America and Africa.

Three-wheeler sales saw revenues grow by 25 percent YoY, supported by electric three-wheelers.

Bajaj Auto’s free cash flow additions exceeded INR 23 billion, leaving surplus funds of over INR 210 billion at the close of the quarter.

Indofast Energy, Hala Mobility To Deploy 40,000 E2Ws By March 2027

Indofast Energy - Hala Mobility

Bengaluru-based battery swapping technology company Indofast Energy and Hala Mobility have announced a partnership to deploy 40,000 electric two-wheelers by March 2027, with a target of 100,000 units by March 2028.

The collaboration has already deployed 15,000 electric two-wheelers across Hyderabad, Bengaluru, Delhi NCR and Mumbai. The partnership utilises battery-swapping infrastructure across cities, with expansion planned for Pune, Chennai and Jaipur. Indofast Energy operates a network of swap stations across 24 cities supporting vehicles.

Rajat Malhan, Chief Business Officer, Indofast Energy, said, "Our partnership with Hala Mobility demonstrates what happens when reliable energy infrastructure meets ambitious fleet deployment - rapid, scalable EV adoption that works for riders, operators, and the environment. Reaching 15,000 vehicles in under a year validates that battery swapping is the default choice for fleet operators who prioritise uptime and economics. As we scale toward 40,000 vehicles by March 2027 and 1 lakh by 2028, we are building the kind of integrated ecosystem that will define India's commercial EV transition; making swappable battery EVs the most practical and profitable choice for last-mile logistics."

Srikanth Reddy, Founder, Hala Mobility, said, "At Hala Mobility, we are committed to democratising electric mobility for India's delivery workforce. Partnering with Indofast Energy allows us to integrate our fleet with robust battery swapping infrastructure, ensuring our riders experience zero downtime and maximum daily earnings. Our rapid scale-up to 15,000 vehicles proves that the model is effective towards creating a highly efficient, sustainable, and inclusive EV ecosystem across India.”

Classic Legends Celebrates International Jawa-Yezdi Day 24th Edition

IJYD

Classic Legends, an Indian motorcycle manufacturer by the Mahindra Group the makers of Jawa, Yezdi and BSA brands, celebrated the 24th Edition of International Jawa-Yezdi Day (IJYD) on 12 July 2026.

The event, which began as an initiative among motorcycle owners, involved over 7,500 riders across 150 cities in India this year. The celebration included 40 enthusiast communities in India and participants in 11 countries, who marked the occasion through rides and gatherings. The event united owners of vintage motorcycles with riders of current Jawa and Yezdi models.

Anupam Thareja, Co-Founder, Classic Legends, said, "24-years ago, International Jawa-Yezdi Day began as a simple expression of passion among riders who wanted to celebrate the motorcycles they loved. Today, it has grown into a global tradition that transcends borders and generations. What makes IJYD truly special is that it belongs to the riders themselves. Every ride, every gathering and every shared story keeps this legacy alive. More importantly, it celebrates the friendships, communities and memories built around these motorcycles. We are honoured to be a part of movement that continues to grow stronger with every passing year."

The festivities were organised by more than 40 rider clubs, along with dealerships and enthusiast communities.