autocar-logo
Delhi

Jindal Worldwide acquires Earth Energy EV, plans to grow brand

Jindal Mobilitric, the subsidiary through which Jindal Worldwide has acquired Earth Energy EV, will set up a new manufacturing plant in Ahmedabad.
1 min read9 May '22
Autocar India News DeskAutocar India News Desk
12K+ views

Making its foray in the electric vehicle segment, Jindal Worldwide has acquired Mumbai-based start-up Earth Energy EV through its subsidiary Jindal Mobilitric. A new manufacturing plant will be set up in Ahmedabad which will supplement the start-up’s existing facility in Maharashtra.

Earth Energy currently has three vehicles listed on its website, two of which seem to be some time away, while the Glyde SX electric scooter is open for pre-bookings at the moment. The acquisition will see Jindal Mobilitric take over all models – the Glyde SX e-scooter as well as the upcoming Evolve R and the Evolve Z electric motorcycles.

The EV start-up has already appointed distributors across 10 states – Maharashtra, Gujarat, Karnataka, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Chhattisgarh, Madhya Pradesh and Odisha – which will be retained by Jindal Mobilitric. In addition, the company also plans to add new touchpoints in each market.

Rushii Senghani, CEO and founder, Earth Energy, said, “Our vehicles have been put through 7 lakh testing hours and the confidence shown in us is commendable as we work together to build the Indian EV infrastructure that is a reliable and efficient modern scooter made for the modern commuter.”

2022 KTM RC 390 price revealed ahead of launch

Priced at Rs 3.14 lakh, the new RC 390 costs around Rs 36,000 more than its predecessor.
2 min read7 May '22
Soham ThakurSoham Thakur
2022 KTM RC 390 front image

Bajaj Pulsar N250, F250 prices hiked

Along with the price hike, Bajaj has also introduced a new Caribbean Blue colour on the Pulsar 250s.
1 min read6 May '22
Rishabh BhaskarRishabh Bhaskar

Royal Enfield hikes prices of Classic 350, 650cc models

As the global chip shortage continues to rage, RE’s popular retro roadster and its 650cc twins are now more expensive.
2 min read6 May '22
Zaran ModyZaran Mody

2022 KTM 390 Adventure launched at Rs 3.35 lakh

The 2022 390 Adventure is available across all KTM showrooms in India.
1 min read5 May '22
Autocar India News DeskAutocar India News Desk

TVS appoints Sudarshan Venu as its new managing director

Sudarshan Venu has played an important role in the company’s growth in the Indian and International markets.
1 min read5 May '22
Autocar India News DeskAutocar India News Desk