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The TVS King EV MAX is equipped with TVS SmartXonnect and offers a certified range of 179 kilometers on a single charge.
The funds will be used to develop next-generation technology for commercial electric vehicles (EVs).
Kinetic Green will provide advanced EV technology, while Yuma Energy will offer reliable and efficient battery-swapping infrastructure.
With only 2,500 battery swapping stations nationwide compared to 25,202 charging stations for fixed batteries, the sector needs expansion.
Speedloop Auto launches the CROC EV (RT100 Lite) for last-mile delivery with great performance, spacious load capacity, and eco-friendly features.
In the FADA sales report for December 2024, 93,892 units of three-wheelers were sold compared to 98,384 units in December 2023.
ETO Motors recently partnered with Uber for a training event focusing on the benefits of electric vehicles
Electric three-wheelers in India grew to 56% market share in 2024. Mahindra led EV sales, while Bajaj dominated conventional fuel, with PM E-Drive offering support.
Hyundai plans to enter India's electric three-wheeler market, potentially partnering with TVS for joint development and local manufacturing.
The company will invest Rs 20 crore in Greater Noida and Rs 38 crore in Toopran.
The Tanga Butterfly is built using mild steel (MS), while the Tanga SS features stainless steel (SS) construction.
The new assembly line will have an annual capacity of 400,000 units and is expected to start production in July 2026.
The Three-Wheelers are fully designed and manufactured in India and cater specifically to Indian road conditions.
The company has set a target of reaching INR 5,000 crore in Assets Under Management (AUM) over the next 3 to 4 years.
The Youdha vehicles will be manufactured at Lohia Auto’s Kashipur facility in Uttarakhand.
