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  • Part of February Plans, Unrelated to UP Policy

    Indian automobile giant Mahindra & Mahindra has announced exciting news for SUV enthusiasts.

    The company has introduced a special price reduction for one of its flagship models, the Mahindra XUV700.

    As part of a promotional offer in celebration of the SUV’s third anniversary, the top AX7 variant is now available starting at Rs 19.49 lakh.

    This limited-time price cut comes as the XUV700 reaches a significant milestone, having recently rolled out its 200,000th unit in less than three years.

    Beginning July 10, the special pricing will be available for a period of four months.

    This move not only celebrates the SUV’s success but also aims to attract new customers.

    “The celebratory pricing and new colours reflect Mahindra’s gratitude towards its customers for their support and trust in the XUV700. The refreshed pricing aims to make the XUV700 even more accessible to a broader range of customers while providing exceptional value,” the automaker said in a statement.

    In addition to the price reduction, Mahindra has expanded the XUV700’s colour options with the introduction of two new colour options: Deep Forest and Burnt Sienna.

    This addition brings the total number of colour choices for the SUV to nine, offering customers a wide range of colour options to suit their personal preferences.

    With price reductions, the XUV700 has become an attractive option for people looking to buy a new SUV.

    Mahindra & Mahindra stated on Wednesday that its recent price reduction for XUV700 variants is not connected to Uttar Pradesh’s electric vehicle/hybrid vehicle policy.

    The company emphasised that the price cut is part of its strategic plan, driven by earlier material cost savings.

    Uttar Pradesh’s EV policy details:

    Uttar Pradesh, India’s second-largest car market, has eliminated registration fees for strong hybrid and plug-in vehicles, lowering their ownership cost by 10%.

    Presently, electric vehicles are taxed at 5%, whereas hybrids incur a 43% tax.

  • Electric Mobility Leader EKA Welcomes Rohit Srivastava As Chief Growth Officer


    EKA Welcomes Rohit Srivastava as Chief Growth Officer

    PUNE: EKA (Pinnacle Mobility Solutions), a leading electric vehicles & technology company with esteemed equity partners Mitsui Co., Ltd. (Japan) and VDL Groep (Netherlands), is thrilled to announce the appointment of Mr. Rohit Srivastava as the company’s Chief Growth Officer.

    Srivastava’s position at EKA Mobility will include organizational expansion, with an emphasis on top-line P&L responsibility. Sales, marketing, business development, and product management will all fall under his purview. His significant experience in developing innovative business models and encouraging value creation from the ground up will be critical in propelling EKA Mobility’s growth and success. 

    Dr. Sudhir Mehta, Founder and Chairman of EKA Mobility, said, “Delighted to welcome Rohit Srivastava to the EKA Mobility family. His vast experience and proven track record in the commercial vehicles and EV sectors make him an invaluable addition to our team. We are confident that his leadership will drive our mission of transforming the electric mobility landscape.”

    With over three decades of distinguished experience in Sales and Marketing, Srivastava has played a pivotal role in establishing sustainable businesses. He began his career with TATA Motors and progressed through the ranks to many distinguished positions within the company. In his most recent position, he was the Business Head of commercial Vehicles Passenger (CVP) at TATA Motors Ltd., where he was responsible for spearheading the electrification effort and advancing EV adoption in the public transport sector spanning buses, vans, and minivans. An engineer by training and a CII-Fulbright fellow, he is well-known for his customer-centric approach, lean thinking, and value chain optimization. His ability to create product strategies, establish project QCT objectives, and drive product development, testing, and validation has been critical in establishing EV portfolios and tech stacks for EV products.

    Rohit Srivastava, Chief Growth Officer of EKA Mobility, stated, “Joining EKA Mobility is a tremendous opportunity to contribute to a revolutionary phase in the mobility industry. I am eager to leverage my experience in driving customer-centric and sustainable business strategies to help EKA Mobility lead the charge in electric vehicle innovation. Together, we will build a future that prioritizes efficiency, sustainability, profitability, and exceptional customer experiences.”

  • LOHUM to procure black mass from UK-based Recyclus • EVreporter

    LOHUM, a Delhi-based lithium-ion battery recycler, has signed a black mass offtake agreement with Recyclus Group Ltd, a subsidiary of Technology Minerals Plc. Recyclus focuses on creating a sustainable circular economy for battery metals and operates in the UK.

    Under this agreement, Recyclus will sell black mass produced at its lithium-ion battery recycling facility in Wolverhampton to LOHUM’s facility in India. This arrangement aligns with LOHUM’s strategy to source black mass from multiple partners to build its inventory. Black mass contains essential metals, including lithium, manganese, nickel, and cobalt, which can be reprocessed and reintroduced into the battery manufacturing supply chain. Recyclus has achieved a 47% recycling rate from end-of-life batteries to black mass at its Wolverhampton facility, as claimed by the company statement.

    The partnership with LOHUM originated from Recyclus’ academic collaboration with the University of Birmingham, which included hosting a delegation from India. This collaboration and Recyclus’ participation in the UK and Indian Governments’ Innovating for Transport and Energy Systems (ITES) scheme have strengthened the relationship with LOHUM. The partnership aims to develop trade links and advance electrification. Together, LOHUM and Recyclus form a closed-loop materials ecosystem where Recyclus produces black mass and LOHUM extracts critical materials.

    According to the official statement, LOHUM’s NEETM multi-stage Hydrometallurgical process recovers energy transition materials with a 95% yield and 99.5% purity rate. The company has partnerships with international and Indian EV brands, battery manufacturers, and materials companies, including Mercedes Benz Energy, MG Motor India, Log9, Ather, Vecmocon, Altigreen, and Stellantis India & Asia. LOHUM has also partnered with entities in Nepal’s EV ecosystem, including MG Nepal and Tata Motors Nepal.

    Robin Brundle, Chairman of Technology Minerals and Director of Recyclus, said: “We are delighted to secure our first black mass offtake agreement with Lohum Cleantech, India’s largest producer of sustainable energy transition materials. It is a strong endorsement for our battery recycling process and demonstrates the demand for black mass, which contains minerals crucial for the battery manufacturing sector and green transition. We are seeing increased commercial traction for our recycling solutions, and this deal further underscores our potential to build international trading partners as the world shifts to electrification.”

    Rajat Verma, Founder & CEO of LOHUM expressed- “We applaud Recyclus’ success in extracting black mass with viability, and this partnership will effectively help both companies close the loop on battery raw materials. This partnership is also one of the world’s first examples of a circular materials ecosystem consisting of multiple recyclers in the same loop. The black mass recovered by Recyclus will be further refined at LOHUM to yield various critical minerals vital to the energy development and energy security of nations worldwide.”

    Also read: LOHUM to produce LMFP Li-ion batteries | Appoints Chaitanya Sharma

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  • Xiaomi Showcases SU7 Electric Vehicle in India

    Xiaomi showcased its electric vehicle, the SU7, in Bengaluru on Tuesday, but has no plans to launch it in India.

    In the electric vehicle market segment, Xiaomi’s SU7 could compete with BYD’s Seal, Hyundai’s Ioniq 5, and Kia’s EV6.

    “The SU7 was brought to India solely for showcase purposes. It is not for sale in the Indian market,” Xiomai said.

    SU7 Specifications

    The SU7, a sports sedan, is Xiaomi’s first electric car and is priced under $30,000 (around Rs 25 lakh).

    The car comes in two versions: one with a range of up to 668 km and another with a range of up to 800 km.

    It is 4,997mm long, 1,963mm wide, and 1,455mm tall, with a 3,000mm wheelbase.

    The Xiaomi EV features a 105-liter front trunk and a 517-liter boot.

    High-Performance Variant

    The SU7 Max Performance variant includes a 101 kWh battery, offering a range of 800 km.

    It has a dual-motor system producing 663 bhp, with a top speed of 265 km/h and can accelerate from 0 to 200 km/h in 10.67 seconds.

    Fast Charging Capabilities

    The SU7 Max can gain 510 km of range in 15 minutes of charging, while the standard SU7 can boost its range by 350 km in the same time.

  • Quarterly India EV sales snapshot









    Quarterly India EV sales snapshot | Q1 FY 2024-25 • EVreporter


























































    ELECTRIC VEHICLES CATEGORY-WISE SALES TREND

    Q1 FY 23-24 to Q1 FY 24-25 (EV sales – April 2023 to June 2024)

    Source: EVreporter Research, Vahan and Telangana open data portal. Low-speed 2W data not included.

    Observations:

    • After a regular increase in quarterly sales over the last three quarters, Q1 FY24-25 registered a marked decline in EV sales. YoY sales increased by 3.5%, while QoQ sales declined by 20.5%.
    • Only the e-cart category registered a QoQ increase (8%). The rest of the categories suffered a QoQ decline, including a notable 48.5% decline in the L5N category. E-2W sales witnessed a QoQ decline of 26.5%
    • Looking at YoY changes, L5M was the highest gainer, with a 122.6% rise in EV sales, followed by e-carts registering a 64.8% increase in sales over the year.

    Category-wise Trend in Leading Indian States for Q1 FY25

    Source: EVreporter Research, Vahan and Telangana open data portal. Low-speed 2W data not included.

    Observations:

    • Uttar Pradesh accounts for the highest share (19%) of EVs sold, with 78,259 units in Q1 FY 24-25. Of the total EVs sold in Uttar Pradesh, 59.8% (46,810 units) are pax e-rickshaws.
    • E-2W sales are highest for Maharashtra, Karnataka, Tamil Nadu, Uttar Pradesh, and Rajasthan, accounting together for 50.9% of high-speed e-2W sales for the quarter.
    • Uttar Pradesh and Bihar have the maximum sales in the e-rickshaw category, with a sales share of 42.8% and 16.3%, respectively, of all e-rickshaws sold in Q1 FY24-25.
    • Maharashtra registered the highest sales of e-4Ws, with 3,356 units sold for Q1 FY 24-25, followed by Kerala and Karnataka, with 2,803 and 2,779 units sold, respectively. Maharashtra also saw the highest e-Bus sales, with 191 units.

    Note: EV sales Q1 2024-25 full report will be added to EVreporter Data Portal by July 21

    Also read: India’s Electric Vehicle sales trend | June 2024

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    EVreporter

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  • BMW launches Monsoon service campaign

    Gurugram. BMW Group India has announced the launch of Monsoon Service campaign across its dealer network. This special initiative will be held across India and will ensure complete car readiness for the upcoming monsoon season.

    Daniel Lugonjic, Director – Customer Support, BMW India said, “BMW Group is committed to ensuring that our customers’ vehicles are in peak condition to handle the unique weather challenges. Our Monsoon Service Campaign is tailored to provide thorough inspections, maintenance, and necessary upgrades to enhance the safety and performance of BMW and MINI cars. We understand the importance of reliability and peace of mind for our customers, and this campaign underscores our dedication to providing exceptional service and support. With a dedicated team of trained technicians, specialised workshop technologies and original BMW Parts, we ensure you can enjoy relaxing journeys.”

    Monsoon Service camp is conceptualized to offer useful information and tips on effective vehicle management, on-time maintenance and overall understanding of BMW and MINI vehicles. The program provides a comprehensive vehicle check and, if required, a basic Condition-Based Service as well, ensuring that the car is in top condition. The service is conducted by certified BMW and MINI technical experts. Customers can book prior appointments for car servicing at the workshop and be able to check and update their personal details to receive special promotions and offers from their dealer.

    Following are the complimentary services that will be carried as part of the campaign:

    – Windscreen wipers check.

    – Function check of washer system.

    – Washer fluid level.

    – Rain light sensor check for auto wiper and auto headlight operation.

    – Check of all front and rear lights.

    – Alignment of headlights and fog lights.

    – Horn: Function test.

    – Micro filters condition check and replace if necessary.

    – Weather strips check of doors and trunk lid.

    – Sunroof cover seals, drainpipes and trunk lid ventilation check.

    – E-Box (Engine control unit box) cleaning.

    – Inspection of dummy steering gromet on engine firewall.

    – Electrical plug connections in engine compartment and vehicle underbody check.

    – Tyres check tread depth (min. 3mm), damages (e.g. cuts, bulges), irregular wear and correct tire pressure.

    – Visually inspecting exhaust system for any leaks or breakage.

    – Visual inspection of belt drive and damper pulley for cracks.

    – Checking charging cable and high voltage charging socket for damage, corrosion and wear (BEV / PHEV).

    – Vehicle underbody incl. all visible parts: Check for damage, correct position, corrosion and tightness (BEV / PHEV).

    BMW Group India urges its customers to be cautious while driving during heavy rains and around waterlogged areas. Customers are advised not to attempt to re-start the engine of a stalled vehicle to avoid damage to the engine. Affected customers can call BMW/ MINI Roadside Assistance at 18001032211 or Customer Interaction Centre at 18001022269 for assistance.

    BMW Group India is the pioneer in bringing luxurious dealerships to India and has set a decisive course by setting up BMW dealerships of international standards across the country. Currently, BMW Group India has 44 service centres across 36 cities in India.

  • Maruti Suzuki Swift surpasses 3 mn sales mark in India

    New Delhi, June 28: The Maruti Suzuki Swift has achieved a new milestone of three million sales in India, the company said on Friday.

    The launch of the Epic New Swift in May has created new benchmarks and propelled the revered Swift legacy to its three million sales milestone, according to the company.

    “With each new generation, the Swift has continued to raise the bar, offering cutting-edge technology, contemporary style, and that unmistakable ‘Swift DNA’ which continues to captivate customers,” Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India, said in a statement on Friday.

    “This accomplishment fills us with immense gratitude, and we are thankful to all Swift owners across the country,” he added.

    Inspired by the iconic Suzuki Hayabusa motorcycle, the Swift was launched in 2005 with segment-first features such as climate control, airbags and an anti-lock braking system (ABS).

    The brand has achieved over 6.5 million sales globally, with India being Swift’s largest market.

    The Swift surpassed one million sales in 2013 within eight years since its introduction, and the two million sales mark was breached in 2018, the company mentioned.

    In May, the carmaker launched the fourth generation Epic New Swift at a starting price of Rs 6.49 lakh (ex-showroom) in the country.

  • Hyundai Motor, labour union agree to hire 1,100 new plant workers by 2026

    Seoul, June 28: Hyundai Motor and its labour union on Friday reached an agreement to hire 1,100 new manufacturing workers by 2026.

    The agreement was reached in the tenth round of negotiations related to wages and working conditions held at the company’s plant in Ulsan, 299 kms southeast of Seoul, reports Yonhap News Agency.

    The two sides had previously agreed to hire 300 new production workers next year.

    On Friday, they agreed to increase the company’s plant workforce by an additional 500 workers next year and by 300 in 2026.

    The union has been demanding an increase in hiring, considering how around 2,000 production workers retire each year, and to prepare for the company’s launch of a new electric car factory in Ulsan in 2025.

    The latest round of talks came after nearly 90 per cent of unionised workers earlier this week voted in favour of a walkout following a collapse in the annual wage negotiations.

    The union has yet to decide whether to actually carry out the strike.

    If executed, the walkout would be the first for the company in six years.

    Hyundai Motor’s union has not carried out a strike in the past five years, taking into consideration various factors, such as the Covid-19 pandemic and national trade issues.

  • Silveline Power inks $135 mn deal for EVs

    New Delhi: Electric motorcycle company Silveline Power on Wednesday said that it entered into a Technology License Agreement worth $135 million with SRAM & MRAM Group for Hydrogen fuel-based electric vehicles (EVs).

    Through this collaboration, SRAM intends to scale up the manufacturing and commercialise it. This will be a step further in SRAM’s contribution to the ‘Green and Clean Energy’ and ‘Aatma Nirbhar Bharat Abhiyan’.

    As major economies aim to meet global emission norms and adopt green energy, the government is committed to achieving Net Zero emissions by 2070. In this context, SRAM’s innovators have spent the past decade developing disruptive technologies and have now achieved success with hydrogen fuel cell technology.

  • Hyundai debuts Casper Electric SUV, showcases Genesis concepts

    New Delhi, June 26: Hyundai Motor on Thursday unveiled its Casper Electric sub-compact sport utility vehicle (SUV), the latest in the automaker’s strengthening electric vehicle (EV) lineup.

    Unveiled at the ‘2024 Busan International Motor Show’, the Casper Electric is the electrified version of the Casper first introduced in 2021, but with a suite of overhauled improvements.

    Compared to the existing Casper, the EV features a body lengthened by 230 millimeters and a width widened by 15 mm, allowing improved space utilisation and driving stability.

    Its front and rear turn signal lamp design incorporates a pixel graphic theme similar to Hyundai’s Ioniq models, presenting a striking EV design, reports Yonhap news agency.

    The Casper Electric is equipped with a 49kWh nickel-cobalt-manganese (NCM) battery, offering a driving range of up to 315 kms on a single charge. Additionally, it can be charged from 10 per cent to 80 per cent in just 30 minutes.

    Furthermore, it features a V2L (vehicle-to-load) function, allowing the car to supply 220 voltage power to external devices.

    The trunk length has also been increased by 100 mm, expanding the cargo space by 47 liters from the original Casper.

    The interior features a 10.25-inch LCD cluster, navigation system and an electronic gear shift column. Additionally, the steering wheel’s center features four pixel lights that show the charging status, voice recognition and other functions.

    Hyundai Motor will receive preorders for the long-range model next month and plans to sequentially introduce other trim models later on.

    Hyundai also showcased other key electric models, including the Ioniq 5 and 6, the Kona Electric, the ST1 commercial delivery model and the hydrogen-powered Xcient fuel cell truck.