Welcome to EVBeat – your weekly roundup of EV news in India. Week ending Sep 30, 2025 saw multiple developments in the electric mobility space. Volvo made headlines with the launch of its EX30 electric SUV at a festive price of Rs 39.99 lakh, while Tamil Nadu joined hands with Relux Electric for 500 EV charging stations in the state. On the electric two-wheeler front, Simple Energy raised $10 million to expand its retail footprint, Matter listed its Aera electric motorbike on Amazon & Flipkart, and Kinetic rolled out its first indigenous LFP battery under Range-X. The week also marked VinFast partnering Central Bank of India for EV financing and Ashok Leyland signing a battery technology deal with China’s CALB Group, signaling the growing scale of India’s EV transformation.
Volvo EX30 launched in India at Rs 39.99 lakh.
Volvo India has launched a new electric SUV, the EX30, at an ex-showroom price of Rs 41 lakh. As part of a festive offer, customers who pre-book before October 19, 2025, can get the SUV at Rs 39.99 lakh.
The Volvo EX30 comes with a 69 kWh NMC battery pack which gives a range of 480 km. The EX30 supports DC fast-charging at up to 153 kW, topping-up the battery from 10-80% in about 27 minutes. Volvo is also providing an 11 kW home charger as standard along with the car. The EX30 can accelerate from 0-100 km/hr in 5.3 seconds and reach a maximum speed of 180 km/hr. The electric SUV has a 5 star Euro NCAP (crash) rating. The car is imported to India as a CKD (Completely Knocked Down) unit and is assembled locally (at the automaker’s Hosakote plant near Bengaluru).
Key Takeaway: Volvo has launched the EX30 electric SUV in India at Rs 41 lakh (at Rs 39.99 lakh as part of festive offer). It has a claimed range of 480 km, fast charging capabilities and top safety features.
Source: The Times of India
Relux Electric to set-up 500 EV charging stations in Tamil Nadu.
State-owned Tamil Nadu Green Energy Corporation Ltd (TNGECL) has announced a partnership with Relux Electric to set-up 500 EV charging stations across the state.
The collaboration will begin with a feasibility study to identify suitable government-owned sites for the charging stations.
Key Takeaway: Tamil Nadu has partnered with Relux Electric to set up 500 EV charging stations across the state.
Source: The Hindu
Simple Energy raises $10 million to expand showroom network.
Bengaluru-based electric two-wheeler company Simple Energy has raised $10 million in fresh funding. Around 80% of this funding will be used to expand Simple Energy’s network of showrooms & service centres across the country. At present, the company has 53 showrooms across India. With these funds, the company plans to increase this number to 100 by December 2025 and further expand to 150 stores by March 2026. The remaining funds will go towards R&D.
Key Takeaway: Simple Energy has raised $10 million to expand its retail network to 150 stores by March 2026 while also boosting R&D.
Source: Economic Times
VinFast partners with Central Bank of India for EV financing.
VinFast India has signed an agreement with Central Bank of India to provide car financing through its showroom network. Bank representatives will be available at all VinFast showrooms to provide onsite finance support. As per the agreement, customers will enjoy tailored financing solutions, attractive interest rates, flexible repayment options, zero processing fees, exclusive offers and priority services.
The tie-up comes as VinFast kicks-off its India operations with the launch of the VF6 & VF7 electric cars.
Key Takeaway: VinFast India has partnered with Central Bank of India to offer tailored, zero-processing car financing for the newly-launched VF6 & VF7.
Source: ET Auto
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Kinetic’s Range-X rolls out its 1st LFP battery.
Range-X, the battery arm of Kinetic, has announced the launch of its first LFP battery from the company’s Ahilyanagar facility. AIS 156 certified, Range-X claims the LFP battery is built for safety & longevity. The initial units of the battery will be powering the Kinetic DX EV. This roll out will mark a significant step towards establishing indigenous battery supplies for both electric two & three-wheelers. Also, Range-X aims to position the Ahilyanagar facility as a scalable, automated source, fulfilling heightened demand in the future.
This LFP battery launch closely follows the launch of the Kinetic DX, priced between Rs 1.12 lakh – Rs 1.18 lakh. The electric scooter comes with Range-X’s 2.6 kWh LFP battery which gives a range of 116 km.
Key Takeaway: Kinetic’s Range-X has launched its 1st LFP battery, debuting in the new Kinetic DX EV. This marks a significant step towards indigenous, scalable battery production for two & three-wheelers in India.
Source: HT Auto
Matter Aera electric motorcycle now available on Amazon & Flipkart.
Electric motorcycle manufacturer Matter has announced that its Aera e-motorbike will now be available for purchase on Amazon & Flipkart, expanding the distribution channels for the electric bike. The availability coincides with Amazon’s Great Indian Festival & Flipkart’s Big Billion Days sale. The Ahmedabad-based Matter is offering benefits of up to Rs 50,000 on the shopping apps, bringing the Aera’s effective price to Rs 1.55 lakh.
The Matter Aera comes with a 5 kWh battery pack which gives a range of up to 172 km.
Key Takeaway: Matter has made its Aera electric motorcycle available on Amazon & Flipkart festival sales with benefits up to Rs 50,000.
Source: Autocar Professional, ET Auto
Ashok Leyland signs 20 year agreement with a Chinese company for lithium-ion battery tech.
Ashok Leyland has signed a long-term agreement with China’s CALB Group to build domestic capabilities in lithium-ion batteries. Initially, Ashok Leyland will import cells from CALB and assemble them into battery packs in India, before moving towards localized manufacturing. The company will first use these packs in its own EVs but expects to expand supply to other automakers within a few years.
The company has earmarked more than Rs 50,000 crore in investment over the next decade to develop lithium-ion batteries, not only for its own commercial EVs but also for electric two & three-wheelers, electric cars & battery energy storage systems (BESS).
Key Takeaway: Ashok Leyland has partnered with China’s CALB Group to develop lithium-ion battery capabilities, starting with cell imports and local pack assembly. Backed by a Rs 50,000 crore investment over the next decade, the company aims to expand into multi-segment EV batteries and battery energy storage systems (BESS).
Source: The Times of India
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