Explore Business Standard
Two and three wheeler maker TVS Motor Company has expanded its electric vehicle portfolio with the launch of electric scooter TVS Orbiter V1 equipped with 1.8 kWh battery, a top official said on Thursday. The Chennai-headquartered company had launched TVS Orbiter in 2025 and with today's launch, the range would be available in two variants - "Orbiter V1" with 1.8kWh battery and "Orbiter V2" with 3.1 kWh battery. The Orbiter V1 will be available at Rs 49,999 (ex-showroom Delhi) which includes Battery-As-A-Service (BaaS) model. Customers opting for without Battery-As-A-Service, the vehicle is offered at Rs 84,500 (ex-showroom Delhi), a press release said on Thursday. The Battery-As-A-Service model lowers the upfront cost, long term battery assurance to customers. The introduction of BaaS model, allows the customers to subscribe to battery usage instead of paying the full battery cost upfront, the company said. This BaaS model separates the vehicle price from the battery cost, helping
There is a need to relax criteria for India's PLI scheme for automobiles to enable electric vehicle start-ups to benefit and contribute to the country's green mobility journey, according to Euler Motors Founder & CEO Saurav Kumar. The high ceiling for revenue and investments outlined in the PLI for the auto sector has meant that a company like Euler Motors, despite being among the top players in the electric small trucks and three-wheeler cargo segment, has not been able to participate in the scheme, Kumar told PTI in an interview. As per the eligibility criteria of the auto PLI scheme, an OEM must have a minimum global group revenue of Rs 10,000 crore and invest in fixed assets worth Rs 3,000 crore. "That unfortunately did not incentivise start-ups like us who are equally investing in this space and pushing the technology and R&D at the forefront," he lamented. In terms of products, Euler Motors has both electric four-wheeler and three-wheeler commercial cargo vehicles, which
The state government has mandated the installation of Electric Vehicle (EV) charging stations across commercial, public, semi-public buildings and real estate projects under the Himachal Pradesh Town and Country Planning (17th Amendment) Rules, 2026, officials said on Tuesday. The move has been aligned with model building bye-laws, which ensures the state's physical infrastructure evolves in tandem with the rising adoption of electric mobility, Town and Country Planning Minister Rajesh Dharmani said in a statement issued here. The Himachal Pradesh government is committed to becoming a green energy state, and to realise this, decisive legislative updates have been integrated for sustainable infrastructure into urban development, the minister added. Dharmani said that to further incentivise energy efficiency, the state government has strictly implemented the HP Energy Conservation Building Code (HPECBC) and Rules 2018. Under these regulations, specialised buildings including ...