<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>#SustainableMobility Archives - FolksTimes</title>
	<atom:link href="https://folkstimes.com/topics/sustainablemobility/feed/" rel="self" type="application/rss+xml" />
	<link>https://folkstimes.com/topics/sustainablemobility/</link>
	<description>Folks Times Only Truth</description>
	<lastBuildDate>Sun, 19 Jan 2025 16:18:44 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.7.1</generator>

<image>
	<url>https://folkstimes.com/wp-content/uploads/2024/08/logo-small-150x150.png</url>
	<title>#SustainableMobility Archives - FolksTimes</title>
	<link>https://folkstimes.com/topics/sustainablemobility/</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>Bharat Mobility Global Expo 2025: A Spectacular Showcase of Innovation and Sustainability in the Mobility Sector</title>
		<link>https://folkstimes.com/bharat-mobility-global-expo-2025-a-spectacular-showcase-of-innovation-and-sustainability-in-the-mobility-sector/</link>
					<comments>https://folkstimes.com/bharat-mobility-global-expo-2025-a-spectacular-showcase-of-innovation-and-sustainability-in-the-mobility-sector/#respond</comments>
		
		<dc:creator><![CDATA[Riddhima Thakur]]></dc:creator>
		<pubDate>Sun, 19 Jan 2025 16:17:18 +0000</pubDate>
				<category><![CDATA[National]]></category>
		<category><![CDATA[#AutoExpo]]></category>
		<category><![CDATA[#AutomotiveInnovation]]></category>
		<category><![CDATA[#BharatMobilityExpo]]></category>
		<category><![CDATA[#BMWIndia]]></category>
		<category><![CDATA[#BYDIndia]]></category>
		<category><![CDATA[#CommercialVehicles]]></category>
		<category><![CDATA[#ElectricBuses]]></category>
		<category><![CDATA[#ElectricVehicles]]></category>
		<category><![CDATA[#EVLaunches]]></category>
		<category><![CDATA[#FutureOfTransport]]></category>
		<category><![CDATA[#GreenTech]]></category>
		<category><![CDATA[#Innovation]]></category>
		<category><![CDATA[#MobilitySolutions]]></category>
		<category><![CDATA[#SustainableMobility]]></category>
		<category><![CDATA[#VinFast]]></category>
		<guid isPermaLink="false">https://folkstimes.com/?p=3495</guid>

					<description><![CDATA[<p>New Delhi [India], January 19 — The Bharat Mobility Global Expo 2025 has garnered significant...</p>
<p>The post <a href="https://folkstimes.com/bharat-mobility-global-expo-2025-a-spectacular-showcase-of-innovation-and-sustainability-in-the-mobility-sector/">Bharat Mobility Global Expo 2025: A Spectacular Showcase of Innovation and Sustainability in the Mobility Sector</a> appeared first on <a href="https://folkstimes.com">FolksTimes</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>New Delhi [India], January 19 — The Bharat Mobility Global Expo 2025 has garnered significant attention in the automotive and mobility sectors, with over 90 product launches in just the first two days. Held at the iconic Bharat Mandapam in New Delhi, the event has served as a grand platform for the unveiling of state-of-the-art mobility solutions, advanced vehicles, and sustainable technologies. The second day of the expo, beginning Friday, saw an impressive lineup of 56 new products from 22 leading brands.</p>



<p>From electric vehicles to cutting-edge components and futuristic mobility solutions, the expo has brought together global giants and Indian innovators to demonstrate their contributions to the evolving transportation landscape.</p>



<h3 class="wp-block-heading">Highlights of Key Product Launches</h3>



<p>Among the major highlights of the event, <strong>VinFast Auto India</strong> introduced its much-anticipated all-electric premium SUVs, the VF 7 and VF 6, marking the brand’s entry into the Indian electric vehicle (EV) market. Meanwhile, <strong>BMW India</strong> launched the new MINI Cooper S John Cooper Works Pack at an ex-showroom price of Rs. 55,90,000 and the BMW X3 at Rs. 75,80,000 – Rs. 77,80,000. BMW Motorrad India also debuted two high-performance bikes: the S 1000 RR and R 1300 GS Adventure.</p>



<p><strong>JSW MG Motor India</strong> showcased an array of advanced mobility solutions, including the MG Majestor, IM5 sedan, IM6 electric SUV, MG HS PHEV, and the MG7 Trophy Edition. These models highlight the company’s commitment to sustainable and cutting-edge technology in the automotive space.</p>



<p><strong>Eka Mobility</strong> took the spotlight with India’s largest-ever range of electric commercial vehicles. The company unveiled over 11 distinct platforms, including electric buses, trucks, and small commercial vehicles (SCVs). Notable products included the EKA COACH, EKA 12M, and EKA 9M buses, as well as electric trucks like the EKA 55T and EKA 7T.</p>



<p><strong>BYD India</strong> also impressed attendees with its launch of the BYD SEALION 7 Pure Performance eSUV, along with other exciting showcases like the BYD SEALION 6 and the Yangwang U8.</p>



<h3 class="wp-block-heading">Revolutionary Commercial and Passenger Solutions</h3>



<p><strong>JBM Electric Vehicles</strong> made waves with the launch of four new electric buses, including the Galaxy electric luxury coach, Xpress intercity bus, e-MediLife Low Floor Electric Medical Mobile Unit, and e-SkyLife electric tarmac coach. These vehicles are a testament to JBM&#8217;s commitment to sustainable urban mobility.</p>



<p>The <strong>Hyundai Motor Company</strong> launched two concept models focused on advanced electric mobility solutions — an electric three-wheeler and a micro four-wheeler, designed to address the last-mile connectivity challenges in India.</p>



<p><strong>Pinnacle Industries</strong> introduced its next-generation ambulance range, including cutting-edge models like the AD-Gen Ultra and Neonatal Ambulance, designed for critical care in remote areas.</p>



<p>In a breakthrough for solar-powered mobility, <strong>Vayve Mobility</strong> launched India&#8217;s first solar electric car, the ‘Eva,’ priced from Rs. 3.25 lakh to Rs. 5.99 lakh. This new solar-powered vehicle offers a sustainable and cost-effective solution to urban transportation.</p>



<h3 class="wp-block-heading">A Glimpse into the Future of Urban Transport</h3>



<p>The <strong>Cummins Group</strong> unveiled its next-generation HELM™ engine platform, which promises higher efficiency and lower emissions. The innovative B6.7N natural gas engine and hydrogen fuel delivery system highlight Cummins’ commitment to a cleaner future.</p>



<p><strong>Godawari Electric Motors Pvt. Ltd.</strong> presented several new electric two-wheelers, including the Eblu Rozee ECO, priced at INR 2,95,999 (ex-showroom), while unveiling the EbluCare app, designed to improve the customer experience for managing electric vehicles.</p>



<p>In a futuristic leap, <strong>Sarla Aviation</strong> unveiled India’s first flying taxi, <strong>Shunya</strong>, adding a new dimension to urban mobility. The concept promises to revolutionize short-distance travel in urban centers.</p>



<p>Other standout launches included <strong>Motovolt Mobility</strong>, which showcased a range of electric vehicles, including India’s first digital pedal motorbike, the Hyper One, and the HUM NYC, a multi-utility e-bike for last-mile delivery.</p>



<h3 class="wp-block-heading">Sustainability at the Core</h3>



<p>The expo underscored the growing importance of sustainable and eco-friendly mobility solutions. <strong>Olectra Green Tech Limited</strong> introduced a 12-meter Blade Battery Platform and electric buses, while <strong>Omega Seiki Pvt. Ltd.</strong> launched the M1KA 1.0 electric truck and the upcoming M1KA 3.0 model.</p>



<p>The <strong>ICON Autocraft Private Limited</strong> also introduced advanced automotive solutions, including an innovative wheel alignment system for trucks and buses and cutting-edge Advanced Driver Assistance Systems (ADAS) for cars, enhancing both safety and efficiency on the road.</p>



<h3 class="wp-block-heading">Conclusion</h3>



<p>The Bharat Mobility Global Expo 2025 continues to shine as a platform for innovation and progress in the mobility sector. With groundbreaking launches across electric vehicles, advanced technologies, and sustainable solutions, the event is a testament to the future of transportation in India and globally. Set against the backdrop of the prestigious Bharat Mandapam and other key venues, the expo offers an unparalleled view of what lies ahead in the evolving world of mobility.</p>



<p>Scheduled to run until January 22, the Bharat Mobility Global Expo promises even more exciting developments and reveals in the coming days, reaffirming India’s position as a global leader in the future of mobility.</p>
<p>The post <a href="https://folkstimes.com/bharat-mobility-global-expo-2025-a-spectacular-showcase-of-innovation-and-sustainability-in-the-mobility-sector/">Bharat Mobility Global Expo 2025: A Spectacular Showcase of Innovation and Sustainability in the Mobility Sector</a> appeared first on <a href="https://folkstimes.com">FolksTimes</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://folkstimes.com/bharat-mobility-global-expo-2025-a-spectacular-showcase-of-innovation-and-sustainability-in-the-mobility-sector/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Jitendra New EV Tech Unveils Groundbreaking Electric and Hybrid Mobility Innovations at Bharat Mobility Global Expo</title>
		<link>https://folkstimes.com/jitendra-new-ev-tech-unveils-groundbreaking-electric-and-hybrid-mobility-innovations-at-bharat-mobility-global-expo/</link>
					<comments>https://folkstimes.com/jitendra-new-ev-tech-unveils-groundbreaking-electric-and-hybrid-mobility-innovations-at-bharat-mobility-global-expo/#respond</comments>
		
		<dc:creator><![CDATA[Riddhima Thakur]]></dc:creator>
		<pubDate>Sat, 18 Jan 2025 15:50:16 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[#BharatMobilityExpo]]></category>
		<category><![CDATA[#ElectricVehicles]]></category>
		<category><![CDATA[#EVInnovation]]></category>
		<category><![CDATA[#FutureOfTransportation]]></category>
		<category><![CDATA[#GreenMobility]]></category>
		<category><![CDATA[#HybridVehicles]]></category>
		<category><![CDATA[#Hydrix]]></category>
		<category><![CDATA[#JitendraEVTech]]></category>
		<category><![CDATA[#Klasoo]]></category>
		<category><![CDATA[#SustainableMobility]]></category>
		<category><![CDATA[#Yunik]]></category>
		<guid isPermaLink="false">https://folkstimes.com/?p=3453</guid>

					<description><![CDATA[<p>New Delhi, January 18 – At the prestigious Bharat Mobility Global Expo, Jitendra New EV...</p>
<p>The post <a href="https://folkstimes.com/jitendra-new-ev-tech-unveils-groundbreaking-electric-and-hybrid-mobility-innovations-at-bharat-mobility-global-expo/">Jitendra New EV Tech Unveils Groundbreaking Electric and Hybrid Mobility Innovations at Bharat Mobility Global Expo</a> appeared first on <a href="https://folkstimes.com">FolksTimes</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>New Delhi, January 18 – At the prestigious Bharat Mobility Global Expo, Jitendra New EV Tech made waves in the electric and sustainable mobility space by unveiling three cutting-edge products that promise to reshape the future of transportation.</p>



<p>Among the most anticipated announcements was the introduction of <em>Hydrix</em>, a pioneering hybrid vehicle set to debut in 2028. This innovative Triquad vehicle combines hydrogen and electricity for an extraordinary range of 400 km and a top speed of 120 km/h. The Hydrix is set to revolutionize the concept of performance and efficiency, blending eco-friendly technology with high-powered performance in a way that promises to be a game-changer in the green mobility sector.</p>



<p>Alongside Hydrix, the company introduced <em>Klasoo</em>, a high-performance electric two-wheeler designed specifically for modern urban commuters. Set to launch in 2025, the Klasoo is powered by a 3 kW motor, offering a top speed of 100 km/h and delivering a smooth, seamless riding experience that will appeal to city dwellers looking for a stylish, sustainable ride.</p>



<p>Jitendra EV Tech also showcased its latest <em>Yunik</em> scooter, which was launched earlier in January 2025. Yunik offers impressive features, including a 118 km range per charge and a top speed of 72 km/h, along with an industry-first <em>HyperGear Powertrain</em> that enhances performance and efficiency.</p>



<p>In addition to these new releases, Jitendra EV Tech highlighted its popular existing models, further solidifying its position as a leader in the electric vehicle space.</p>



<p>Samkit Shah, Co-Founder of Jitendra EV, expressed his pride in the company’s groundbreaking progress, saying, “We were deeply honored to have the Honorable Minister of Road Transport and Highways, Shri Nitin Gadkari Ji, officially unveil Hydrix. His genuine interest and thought-provoking inquiries about this visionary vehicle highlight his steadfast commitment to advancing India’s green mobility ecosystem.”</p>



<p>Shah also shared his excitement about the future, adding, &#8220;The unveiling of Hydrix, Klasoo, and Yunik marks a pivotal moment in our journey. Our mission has always been to empower individuals and businesses with cutting-edge technology that not only meets today’s demands but anticipates tomorrow’s needs.&#8221;</p>



<p>With these exciting innovations, Jitendra New EV Tech is clearly setting the stage for the future of sustainable and eco-conscious mobility.</p>
<p>The post <a href="https://folkstimes.com/jitendra-new-ev-tech-unveils-groundbreaking-electric-and-hybrid-mobility-innovations-at-bharat-mobility-global-expo/">Jitendra New EV Tech Unveils Groundbreaking Electric and Hybrid Mobility Innovations at Bharat Mobility Global Expo</a> appeared first on <a href="https://folkstimes.com">FolksTimes</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://folkstimes.com/jitendra-new-ev-tech-unveils-groundbreaking-electric-and-hybrid-mobility-innovations-at-bharat-mobility-global-expo/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Maruti Suzuki Debuts e-Vitara: Revolutionizing Electric Mobility in India</title>
		<link>https://folkstimes.com/maruti-suzuki-debuts-e-vitara-revolutionizing-electric-mobility-in-india/</link>
					<comments>https://folkstimes.com/maruti-suzuki-debuts-e-vitara-revolutionizing-electric-mobility-in-india/#respond</comments>
		
		<dc:creator><![CDATA[Riddhima Thakur]]></dc:creator>
		<pubDate>Fri, 17 Jan 2025 14:43:13 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[#AutomotiveNews]]></category>
		<category><![CDATA[#BharatMobilityExpo]]></category>
		<category><![CDATA[#ElectricSUV]]></category>
		<category><![CDATA[#ElectricVehicle]]></category>
		<category><![CDATA[#EVIndia]]></category>
		<category><![CDATA[#eVitara]]></category>
		<category><![CDATA[#MadeInIndia]]></category>
		<category><![CDATA[#MarutiSuzuki]]></category>
		<category><![CDATA[#SustainableMobility]]></category>
		<category><![CDATA[#SuzukiEV]]></category>
		<guid isPermaLink="false">https://folkstimes.com/?p=3394</guid>

					<description><![CDATA[<p>New Delhi, January 17, 2025: Maruti Suzuki has unveiled its first-ever electric vehicle (EV), the...</p>
<p>The post <a href="https://folkstimes.com/maruti-suzuki-debuts-e-vitara-revolutionizing-electric-mobility-in-india/">Maruti Suzuki Debuts e-Vitara: Revolutionizing Electric Mobility in India</a> appeared first on <a href="https://folkstimes.com">FolksTimes</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p><em>New Delhi, January 17, 2025</em>: Maruti Suzuki has unveiled its first-ever electric vehicle (EV), the all-new e-Vitara, on the opening day of the Bharat Mobility Global Expo held at Bharat Mandapam in New Delhi. This launch marks a significant milestone in Maruti Suzuki’s transition to the electric vehicle market, aligning with the company’s strategy for a sustainable and eco-friendly future.</p>



<p>Speaking at the event, Toshihiro Suzuki, representative director and president of Maruti Suzuki Motor Corporation, emphasized the company’s three-step strategy to make Battery Electric Vehicles (BEVs) attractive to customers. He outlined the approach as follows: 1) Making BEVs appealing to customers, 2) Developing a dedicated BEV platform, and 3) Creating the right products based on customer requirements.</p>



<p>The e-Vitara is Suzuki Motor Corporation&#8217;s first BEV, and it will be manufactured at Maruti Suzuki’s Gujarat plant, with production slated to begin by the end of March or early April 2025. The company has confirmed that the Made-in-India e-Vitara will not only be available in the domestic market but will also be exported to key international markets, including Europe and Japan. A significant portion of the production, nearly 50%, is expected to be shipped abroad, marking a strategic push for Maruti Suzuki in global markets.</p>



<p>“We will be exporting to over 100 countries, including Europe and Japan,” said Toshihiro Suzuki, highlighting the global reach of the e-Vitara. He also added that the electric SUV is part of Suzuki’s long-term technology strategy for the next decade.</p>



<p>The Indian electric vehicle market is still in its nascent stage, with EVs currently accounting for about 3% of the total car sales in the country. However, the launch of the e-Vitara is expected to play a pivotal role in accelerating EV adoption, especially with the introduction of models from major manufacturers like Mahindra.</p>



<p>The e-Vitara features a bold and modern design, characterized by sharp LED headlights, three-piece DRLs (Daytime Running Lights), a striking blacked-out bumper, fog lamps, and rugged silver skid plates that enhance its aggressive look. The SUV will offer two battery pack options: a 49kWh and a larger 61kWh lithium-iron phosphate (LFP) battery, which are expected to deliver a competitive range and performance. Additionally, the e-Vitara will offer both front-wheel drive (FWD) and all-wheel drive (AWD) configurations to cater to a variety of customer preferences.</p>



<p>The interior of the e-Vitara is equally impressive, boasting modern features such as a digital instrument panel, a large touchscreen infotainment system, a powered driver seat, a wireless charger, and a premium JBL audio system. The SUV will also come equipped with a 360-degree camera, a sunroof, and Advanced Driver Assistance Systems (ADAS) for enhanced safety and convenience.</p>



<p>Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki, highlighted the company’s commitment to sustainability, stating that the company has invested Rs 2,100 crore in the development and manufacturing of the e-Vitara in India. &#8220;Our ultimate goal is to create ecosystem-friendly solutions for our customers, which we refer to as &#8216;e for Me&#8217;,&#8221; Takeuchi said.</p>



<p>The e-Vitara&#8217;s entry into the market is expected to significantly boost the sales of electric vehicles in India, further driven by the growing demand for eco-friendly transportation options. Along with the e-Vitara, other models like the Mahindra BE6 and Mahindra XEV 9e are also poised to enhance the competitiveness of the Indian EV market.</p>



<p>As Maruti Suzuki takes its first steps into the electric future, the e-Vitara promises to play a crucial role in shaping the company’s green strategy while driving the adoption of electric mobility in India and abroad.</p>
<p>The post <a href="https://folkstimes.com/maruti-suzuki-debuts-e-vitara-revolutionizing-electric-mobility-in-india/">Maruti Suzuki Debuts e-Vitara: Revolutionizing Electric Mobility in India</a> appeared first on <a href="https://folkstimes.com">FolksTimes</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://folkstimes.com/maruti-suzuki-debuts-e-vitara-revolutionizing-electric-mobility-in-india/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>PM Modi Launches Bharat Mobility Global Expo 2025, Envisions a Future-Ready and Sustainable Indian Auto Sector</title>
		<link>https://folkstimes.com/pm-modi-launches-bharat-mobility-global-expo-2025-envisions-a-future-ready-and-sustainable-indian-auto-sector/</link>
					<comments>https://folkstimes.com/pm-modi-launches-bharat-mobility-global-expo-2025-envisions-a-future-ready-and-sustainable-indian-auto-sector/#respond</comments>
		
		<dc:creator><![CDATA[Riddhima Thakur]]></dc:creator>
		<pubDate>Fri, 17 Jan 2025 09:27:21 +0000</pubDate>
				<category><![CDATA[National]]></category>
		<category><![CDATA[#AutomotiveInnovation]]></category>
		<category><![CDATA[#BharatMobilityExpo]]></category>
		<category><![CDATA[#ElectricVehicles]]></category>
		<category><![CDATA[#FutureOfMobility]]></category>
		<category><![CDATA[#GreenTechnology]]></category>
		<category><![CDATA[#IndiaAutoSector]]></category>
		<category><![CDATA[#MakeInIndia]]></category>
		<category><![CDATA[#PLI]]></category>
		<category><![CDATA[#PMModi]]></category>
		<category><![CDATA[#SustainableMobility]]></category>
		<guid isPermaLink="false">https://folkstimes.com/?p=3373</guid>

					<description><![CDATA[<p>On Friday, Prime Minister Narendra Modi inaugurated the Bharat Mobility Global Expo 2025, a landmark...</p>
<p>The post <a href="https://folkstimes.com/pm-modi-launches-bharat-mobility-global-expo-2025-envisions-a-future-ready-and-sustainable-indian-auto-sector/">PM Modi Launches Bharat Mobility Global Expo 2025, Envisions a Future-Ready and Sustainable Indian Auto Sector</a> appeared first on <a href="https://folkstimes.com">FolksTimes</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>On Friday, Prime Minister Narendra Modi inaugurated the <strong>Bharat Mobility Global Expo 2025</strong>, a landmark event that underscores India’s growing prominence in the automotive industry. The Prime Minister highlighted the increasing optimism surrounding India’s automotive sector, describing it as “fantastic” and “future-ready.” With an expected large turnout over the course of the event, PM Modi expressed confidence in the country’s positive outlook for the future of mobility.</p>



<p><strong>An Industry Poised for Growth</strong></p>



<p>During his address, PM Modi noted that in the coming days, numerous new vehicle launches and innovations would take place, reflecting the booming demand and potential of India’s auto sector. “In the next 5 to 6 days, a large number of people will visit, and many new vehicles will be launched. This shows the positivity surrounding the future of mobility in India,” he said, affirming that India’s automotive industry is poised for a bright future.</p>



<p>PM Modi also paid tribute to two stalwarts of India’s automotive history: <strong>Ratan Tata</strong> and <strong>Osamu Suzuki</strong>, acknowledging their immense contributions to the development of the industry. “Both of these great individuals have made a huge contribution to fulfilling the dreams of India’s middle class and to the growth of India’s auto sector. I am confident that their legacy will continue to inspire the entire mobility sector,” he remarked.</p>



<p><strong>Empowering the Youth and Driving Demand</strong></p>



<p>A key highlight of the Prime Minister’s speech was the focus on India’s youth and their increasing aspirations, which are shaping the country’s automotive industry. With demand steadily increasing, PM Modi pointed to the sector’s impressive growth, citing that approximately <strong>25 million vehicles are sold annually in India</strong>. This strong demand, he noted, has placed India at the forefront of the global mobility conversation, with the world viewing the country with high hopes for the future.</p>



<p>“India’s automotive industry is growing at a rate of about 12 percent in recent years. This clearly shows how demand is steadily increasing in India,” PM Modi added.</p>



<p><strong>Building a Sustainable, Self-Reliant Mobility Ecosystem</strong></p>



<p>Prime Minister Modi also highlighted India’s ongoing efforts to build a <strong>sustainable and self-reliant mobility ecosystem</strong>. Focusing on innovation and green technologies, he spoke of the government’s commitment to reducing the country’s fossil fuel import bill while developing technologies like <strong>Electric Vehicles (EVs)</strong>, <strong>Hydrogen Fuel</strong>, and <strong>Biofuels</strong>.</p>



<p>“We are working on a mobility system that supports both the economy and ecology. A system that can reduce our fossil fuel import bill. Therefore, India is focusing on the development of Green Technology, Electric Vehicles (EVs), Hydrogen Fuel, and Biofuels,” said PM Modi, emphasizing the country’s commitment to sustainable growth.</p>



<p><strong>The Role of Make in India and PLI</strong></p>



<p>PM Modi credited India’s <strong>Make in India</strong> initiative for the automotive sector’s progress, which has significantly boosted <strong>exports</strong> and created jobs. He also lauded the <strong>Production Linked Incentive (PLI)</strong> scheme, which has played a pivotal role in driving sales, generating over <strong>Rs 2.25 lakh crore</strong> in sales, and creating more than <strong>1.5 lakh direct jobs</strong> in the sector.</p>



<p>The Prime Minister’s speech emphasized that these initiatives have strengthened the auto industry’s global presence, making India an attractive destination for investors and manufacturers alike.</p>



<p><strong>Expo Highlights and Theme</strong></p>



<p>The Bharat Mobility Global Expo 2025, which runs from <strong>January 17-22</strong>, is being held across three major venues: <strong>Bharat Mandapam</strong> and <strong>Yashobhoomi</strong> in New Delhi, and the <strong>India Expo Center and Mart</strong> in Greater Noida. The theme for this year’s event is <strong>“Beyond Boundaries: Co-creating Future Automotive Value Chain,”</strong> reflecting the focus on collaboration, innovation, and the development of sustainable technologies in the mobility sector.</p>



<p>The expo will feature over <strong>nine concurrent shows</strong>, more than <strong>20 conferences and pavilions</strong>, and state sessions to promote policies and initiatives aimed at fostering collaboration between industry leaders, innovators, and regional stakeholders. The event is expected to be a platform for showcasing cutting-edge advancements in <strong>automotive design</strong>, <strong>green mobility solutions</strong>, and <strong>digital technologies</strong>.</p>



<p>With such a significant gathering of global industry players, the Bharat Mobility Global Expo 2025 stands as a testament to India’s rising stature in the automotive world and its commitment to pioneering the future of mobility. As the country moves forward with its ambitious goals, this expo provides a glimpse into the transformation of India’s automotive sector, driven by <strong>innovation</strong>, <strong>sustainability</strong>, and <strong>collaboration</strong>.</p>
<p>The post <a href="https://folkstimes.com/pm-modi-launches-bharat-mobility-global-expo-2025-envisions-a-future-ready-and-sustainable-indian-auto-sector/">PM Modi Launches Bharat Mobility Global Expo 2025, Envisions a Future-Ready and Sustainable Indian Auto Sector</a> appeared first on <a href="https://folkstimes.com">FolksTimes</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://folkstimes.com/pm-modi-launches-bharat-mobility-global-expo-2025-envisions-a-future-ready-and-sustainable-indian-auto-sector/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>JSW MG Motor India and Kotak Mahindra Prime Join Forces to Revolutionize EV Ownership with Innovative BaaS Financing</title>
		<link>https://folkstimes.com/jsw-mg-motor-india-and-kotak-mahindra-prime-join-forces-to-revolutionize-ev-ownership-with-innovative-baas-financing/</link>
					<comments>https://folkstimes.com/jsw-mg-motor-india-and-kotak-mahindra-prime-join-forces-to-revolutionize-ev-ownership-with-innovative-baas-financing/#respond</comments>
		
		<dc:creator><![CDATA[Riddhima Thakur]]></dc:creator>
		<pubDate>Tue, 14 Jan 2025 01:40:56 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[#AutoFinance]]></category>
		<category><![CDATA[#BaaS]]></category>
		<category><![CDATA[#ElectricVehicles]]></category>
		<category><![CDATA[#EVAdoption]]></category>
		<category><![CDATA[#EVFinancing]]></category>
		<category><![CDATA[#IndiaEV]]></category>
		<category><![CDATA[#Innovation]]></category>
		<category><![CDATA[#JSWMGMotor]]></category>
		<category><![CDATA[#KotakMahindraPrime]]></category>
		<category><![CDATA[#SustainableMobility]]></category>
		<guid isPermaLink="false">https://folkstimes.com/?p=3196</guid>

					<description><![CDATA[<p>In a significant move to accelerate the adoption of electric vehicles (EVs) in India, JSW...</p>
<p>The post <a href="https://folkstimes.com/jsw-mg-motor-india-and-kotak-mahindra-prime-join-forces-to-revolutionize-ev-ownership-with-innovative-baas-financing/">JSW MG Motor India and Kotak Mahindra Prime Join Forces to Revolutionize EV Ownership with Innovative BaaS Financing</a> appeared first on <a href="https://folkstimes.com">FolksTimes</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>In a significant move to accelerate the adoption of electric vehicles (EVs) in India, JSW MG Motor India has announced its partnership with Kotak Mahindra Prime Limited (KMPL) to offer a financing solution for its innovative Battery-As-A-Service (BaaS) ownership program. This collaboration marks a milestone in EV financing, as KMPL becomes one of the first major auto financiers to support the BaaS concept, which aims to make EV ownership more affordable and accessible for Indian consumers.</p>



<h3 class="wp-block-heading">What is BaaS?</h3>



<p>The BaaS (Battery-As-A-Service) ownership program, launched by JSW MG Motor India in September 2024, is designed to reduce the upfront cost of EV ownership by allowing customers to purchase the vehicle body shell separately from the battery. The battery, a significant component in the cost of EVs, can be leased through the BaaS model, which significantly lowers the initial acquisition price. This innovative program has already garnered interest from EV enthusiasts and prospective customers, contributing to the growing demand for electric vehicles.</p>



<p>The BaaS model offers flexibility and reduces the total cost of ownership by enabling customers to opt for separate financing options for the vehicle body and the battery. This is expected to pave the way for more widespread adoption of EVs, particularly in India, where cost remains one of the key barriers to the mass transition to electric mobility.</p>



<h3 class="wp-block-heading">KMPL’s Role in Enhancing EV Adoption</h3>



<p>With the partnership, Kotak Mahindra Prime Limited (KMPL) will leverage its extensive network and financing expertise to provide tailored financial products for EV buyers under the BaaS program. As one of India’s leading auto financiers, KMPL is well-positioned to support the growing demand for electric vehicles by offering flexible and customer-friendly financing solutions. Their robust network of branches, direct marketing associates, and dealership relationships will help drive the penetration of the BaaS model and further boost EV sales.</p>



<p>Vyomesh Kapasi, Managing Director and CEO of Kotak Mahindra Prime Limited, expressed enthusiasm about the partnership: “At KMPL, we are dedicated to driving innovation in vehicle financing. We are excited to partner with JSW MG Motor India on their pioneering BaaS EV ownership program. This collaboration aims to enhance the EV financing ecosystem in India by offering innovative and customer-friendly finance products across various segments. We are confident that this partnership will further strengthen our finance offerings and support the adoption of electric vehicles.”</p>



<h3 class="wp-block-heading">Strengthening the EV Ecosystem in India</h3>



<p>The partnership between JSW MG Motor India and KMPL is a strategic effort to enhance the electric vehicle ecosystem in India. According to Gaurav Gupta, Chief Growth Officer of JSW MG Motor India, the BaaS concept represents a major shift in the electric vehicle landscape, offering a unique solution to reduce the overall cost of EV ownership. Gupta also highlighted that partnering with various finance providers like KMPL is critical to increasing the adoption of electric vehicles in the country.</p>



<p>“Our pursuit for innovation is relentless, and we remain committed to creating experiences that enhance consumer delight. With BaaS, we have created a disruption in the market and set a benchmark in the electric car industry. It remains our priority to enhance its reach through various finance partners, to enable rapid EV adoption,” Gupta said.</p>



<p>The integration of financing solutions from KMPL with the BaaS model is expected to ease the financial burden for prospective EV buyers, making electric mobility more accessible and cost-effective.</p>



<h3 class="wp-block-heading">About JSW MG Motor India</h3>



<p>JSW MG Motor India is a joint venture between SAIC Motor, a global automotive giant, and the JSW Group, one of India&#8217;s leading conglomerates. The joint venture was established in 2023 with a focus on building a sustainable automotive ecosystem while offering innovative, technology-driven vehicles. JSW MG Motor India aims to make advanced automotive technologies accessible to a wider audience while contributing to the growth of the Indian automotive sector.</p>



<h3 class="wp-block-heading">About Kotak Mahindra Prime Limited</h3>



<p>Kotak Mahindra Prime Limited (KMPL), a subsidiary of Kotak Mahindra Bank, has been a leader in the Indian auto finance sector since its inception in 1996. The company finances new and pre-owned passenger vehicles, as well as two-wheelers, through a robust distribution network of 161 branches across 24 states in India. In recent years, KMPL has expanded its business to include loan products such as Loan Against Property and two-wheeler loans. With a longstanding partnership with JSW MG Motor India for channel finance and retail financing since 2019, KMPL continues to play a pivotal role in the automotive financing sector.</p>



<h3 class="wp-block-heading">A Bright Future for EV Financing in India</h3>



<p>The collaboration between JSW MG Motor India and Kotak Mahindra Prime is a step forward in making electric vehicles more accessible to Indian consumers. With the introduction of the BaaS model, the reduced upfront cost, and KMPL’s flexible financing options, this partnership is set to play a key role in driving the growth of electric vehicle sales in India. The innovative approach promises to make EV ownership a reality for a broader range of customers, contributing to India’s green mobility transition and the overall growth of the EV sector.</p>



<p>As the Indian automotive industry continues to evolve, partnerships like these will be crucial in shaping the future of transportation and ensuring the widespread adoption of sustainable mobility solutions.</p>



<p></p>
<p>The post <a href="https://folkstimes.com/jsw-mg-motor-india-and-kotak-mahindra-prime-join-forces-to-revolutionize-ev-ownership-with-innovative-baas-financing/">JSW MG Motor India and Kotak Mahindra Prime Join Forces to Revolutionize EV Ownership with Innovative BaaS Financing</a> appeared first on <a href="https://folkstimes.com">FolksTimes</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://folkstimes.com/jsw-mg-motor-india-and-kotak-mahindra-prime-join-forces-to-revolutionize-ev-ownership-with-innovative-baas-financing/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
	</channel>
</rss>
