MUMBAI: Odysse Electric Vehicles, is pleased to announce its strategic partnership with battery-swapping solutions provider SUN Mobility for the export of its flagship electric motorcycle, Vader SM. Under this collaboration, Odysse Electric aims to deploy its daily commute bike, Vader SM, powered by SUN Mobility’s advanced battery-swapping technology, in key markets across the world. This collaboration marks an important step for Odysse Electric in expanding its global footprint and accelerating the adoption of electric mobility worldwide.

Vader SM is powered by two of SUN Mobility’s Smart Batteries, which are AIS-156 approved and are portable and swappable at SUN Mobility’s Quick Interchange Stations. Vader SM has a digital instrument cluster and is powered by a 4000-watt electric motor with a top speed of 80 kmph and a range of 130 km per swap. Vader SM offers 5 drive modes including Eco, Power, Sports, Reverse, and Parking mode with cruise control. Vader SM also has advanced features such as a Combi Braking system, Hill assist, and Energy Regeneration and includes CAN communication with built-in protection circuits, ensuring safety and convenience for commuters.

This partnership will leverage SUN Mobility’s innovative battery-swapping platform to enhance the accessibility and convenience of Odysse Electric’s Vader SM for international markets, including Africa, Latin America, and Southeast Asia under the Battery-as-a-Service (BaaS) model. These vehicles will be manufactured in Odysse’s Ahmedabad facility in Gujarat.

SUN Mobility is currently deploying its swapping stations across Africa, Latin America, and Southeast Asia on a pilot basis to enable riders to swap batteries quickly and conveniently, addressing the key concerns of upfront cost, range anxiety, and long charging time for EV owners.

Nemin Vora, CEO, of Odysse Electric Vehicles Pvt. Ltd. said, “We see huge export potential in the EV market and aim to contribute to the EV aspirations globally. This collaboration underscores our dedication to spearheading the transition towards providing sustainable mobility solutions on a global scale. Our association with SUN Mobility will enable us to bring our flagship product, Vader SM, to new markets by leveraging SUN Mobility’s advanced battery infrastructure and network.”

Ajay Goel, Co-founder & Executive Director, of SUN Mobility, said, “We are proud to collaborate with Odysse Electric Vehicles in introducing the Vader SM, one of India’s first electric motorcycles powered with SUN Mobility’s advanced battery-swapping technology, to international markets. This partnership marks a significant step forward in our mission to drive affordable sustainable mobility solutions globally, leveraging our innovative battery-swapping platform to enhance accessibility and convenience for electric vehicle users worldwide.”

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BENGALURU: TVS Motor Company recorded monthly sales of 368,424 units in February 2024 with a growth of 33% as against 276,150 units in February 2023.

Total two-wheelers registered a growth of 34% with sales increasing from 267,026 units in February 2023 to 357,810 units in February 2024. Domestic two-wheeler registered growth of 21% with sales increasing from 221,402 units in February 2023 to 267,502 units in February 2024.

Motorcycles registered a growth of 46% with sales increasing from 126,243 units in February 2023 to 184,023 units in February 2024. Scooter registered a growth of 26% with sales increasing from 104,825 units in February 2023 to 132,152 units in February 2024.

EV sales registered a growth of 16% with sales increasing from 15,522 units in February 2023 to 17,959 units in February 2024. 

The Company’s total exports grew by 85% increasing from 53,405 units registered in February 2023 to 98,856 units in February 2024. Two-wheeler exports registered a growth of 98% with sales increasing from 45,624 units registered in February 2023 to 90,308 units in February 2024. 

Three-wheelers registered a growth of 16% with sales increasing from 9,124 units in February 2023 to 10,614 units in February 2024.

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The company has sold a whopping 23,926 electric two-wheelers in CY 2023 (Jan-Dec 2023), led by the strong demand for its products and a vast presence across the country. In the first three quarters of this financial year (April-December 2023), the company also sold more than 17,000 units (17,919) of electric two-wheelers.

Wardwizard Innovations & Mobility Limited is all set to showcase its new product line-up during the upcoming Vibrant Gujarat Business Summit in January 2024. The brand will showcase its concept of two and three-wheelers catering to both personal and commercial mobility spaces. Visitors can experience Wardwizard’s technology at Mahatma Mandir, Gandhinagar, Stall No. P1 and P2A, Hall No. 2.

Apart from the growth in sales, Wardwizard Innovations & Mobility Limited has also made significant strides in expanding its distribution network and establishing partnerships to promote sustainable environmental practices. The company has signed a Memorandum of Understanding (MOU) with the Government of Gujarat to invest Rs. 2,000 crores in developing an Electric Vehicle Ancillary Cluster by 2024. The company has also signed a strategic collaboration with BEEAH Group-Sharjah-UAE, to manufacture electric vehicles and promote sustainable environmental practices in GCC countries and African nations.

Wardwizard Innovations & Mobility Limited has established itself as a leading player in the Indian EV segment, with a strong presence in more than 400+ cities across India. With more than 10 models in its portfolio in both high and low-speed categories, the company is promoting improvement by offering cleaner, greener options that produce no emissions.

Wardwizard Innovations & Mobility Limited’s growth in sales and expansion of its distribution network and partnerships demonstrate its commitment to promoting sustainable environmental practices and contributing to the growth of the Indian EV segment.

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PUNE: India’s first and fast-growing electric motorcycle manufacturer, Tork Motors has partnered with CredR for the first-of-its-kind offer for an electric two-wheeler. Under this partnership, customers will be able to exchange their old two-wheelers on CredR’s platform to buy brand-new KRATOS, offering best-in-class solutions with transparency, genuineness, and accuracy. CredR will evaluate the exchange vehicle as per their proprietary inspection on  120+ checkpoints to derive the best-selling value. The exchange value will be discounted from KRATOS’ buying price. The customer will have to pay only the differential amount to own the KRATOS or KRATOS-R.

Tork Motors launched its flagship product – KRATOS and KRATOS-R in January, this year. The KRATOS® is priced at INR 1,22,499 [ex-showroom after subsidy in Maharashtra] and is available in white color only. The KRATOS®-R is priced at INR 1,37,499 [ex-showroom after subsidy in Maharashtra]; and comes in four color options white, blue, red, and black. Consumers can book KRATOS and KRATOS-R by visiting the company’s official website at www.booking.torkmotors.com  

Commenting on the partnership, Kapil Shelke, Founder and CEO of Tork Motors said, “This of its kind proposition is designed especially for Tork Motors’ customers to own their dream electric motorcycle – KRATOS. The collaboration is intended to offer easy accessibility and solution for a cleaner and better mode of transport, along with an element of convivial riding. With CredR, we aim to reach out to a wider consumer base, who are looking to upgrade their current two-wheeler, through a better price proposition. We will continue to partner with key players in the industry to ensure that the electric motorcycles segment is accessible and transcends to larger geographies in the country.”

Sasidhar Nandigam, Co-founder and CEO of CredR, said, “Motorcycle segment is one of the key sectors of the overall automotive Industry. While electric motorcycles are gaining momentum in the rapidly growing EV sector, it has been our endeavor to offer easy access to one of the best electric motorcycle brands in the country. This customer-centric affiliation offers hassle-free accessibility to owning the Tork KRATOS, with a simple process. This will also help bring in the paradigm shift in the electric motorcycle market of the overall EV space in India.”

Tork Motors is the first electric motorcycle brand to enter this unique partnership offering access to its made-in-India KRATOS to enthusiasts. The collaboration will provide a hassle-free exchange of their used vehicles at the nearest Tork Motors dealership. Post handing over their vehicle, the customers will be able to buy the KRATOS.

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