Youdha launches EPOD Electric three-wheeler, Sets ₹1,000 crore revenue target by 2030
Notify me
Electric mobility firm Youdha, in partnership with Lohia Auto, has rolled out its first product, the EPOD, in the L5 electric passenger three-wheeler segment in India. The firm aims to reach revenue of ₹ 1,000 crore by 2030 as part of its long-term vision to expand in the commercial electric vehicle market.
Focus on the L5 commercial EV market
The L5 segment includes electric three-wheelers that carry passengers and are approved for road use. This segment is a major growth market due to a combination of rising fuel costs, demand for last-mile mobility, and government-based programs to incentivize EV penetration. Youdha's EPOD has been launched as part of this broad transition, and its focus is equally towards urban and semi-urban markets. Technical specifications and range
The EPOD has a 6 kW electric motor producing 50 Nm of torque and an 11.8 kWh lithium iron phosphate (LFP) battery. The vehicle has a certified range of 227 km on a charge, according to prevailing test procedures. It has dual driving modes, City and Boost, as well as a 300 mm water-wading capability, designed to enhance usability in varying conditions of driving. Production and rollout plan
The manufacturing unit of Youdha, located at Kashipur, will produce the EPOD, with an annual capacity of 1,00,000. The company will distribute the EPOD first in Uttar Pradesh, Bihar, and Assam, and target these states because of their high usage of three-wheel vehicles and growing interest for EV induction. A phased rollout across the country is to happen subsequently. Brand positioning and expansion plans
Youdha, as a new brand, leverages the operational strength of Lohia Auto, a very early EV manufacturer in India. The launch of EPOD represents a transition from previous e-rickshaw-centric business to more mainstream electric vehicle products. The firm has signaled that it would venture into other product segments, such as electric cargo variants, and invest in manufacturing scale-up and after-sales support infrastructure.
In addition to its product strategy, the company is endeavoring to create a larger network of retailers and services to help drive adoption throughout India.
Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape.
First Published Date: 18 Jul 2025, 01:06 am IST
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
5 minutes ago
- Time of India
Decentralised solar plants of 1,190 MW capacity installed in Rajasthan in last one year
Rajasthan has significantly expanded its decentralized solar power capacity under the PM-KUSUM scheme, adding 1,190 MW in the last year. Farmers are becoming power producers, benefiting from low-cost electricity and improved rural livelihoods. The state aims to provide daytime electricity for agriculture to all farmers by 2027, potentially reducing discom losses. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads About 1,190 MW capacity decentralised solar plants were installed in the last one year in Rajasthan under the PM-KUSUM scheme , an official statement said.A total of 684 decentralised solar plants with a combined capacity of 1,305 MW have been set up in Rajasthan so far, of which 592 plants (1,190 MW) were installed in the past 12 conventional large-scale solar parks, KUSUM scheme promotes small-capacity, grid-connected plants installed by farmers themselves or in partnership with developers on barren land. The plants are set up within 5 km of a grid substation and offer electricity at a significantly lower rate , Rs 2.09-3 per unit compared to thermal power As a result, the scheme is now being seen as a dual solution for clean energy and rural livelihood, with farmers turning into power producers while discoms benefit from low-cost, low-loss distribution, the statement scheme's implementation, previously handled by the Rajasthan Renewable Energy Corporation, has now been handed over to power discoms as per central said that procedural bottlenecks were addressed by setting up dedicated officers, issuing SOPs, and facilitating land and loan-related issues to speed up the state's three discoms, Jodhpur leads with 997.5 MW, followed by Jaipur (169.22 MW) and Ajmer (137.33 MW). Nationally, Rajasthan ranks first in the KUSUM scheme's Component-A and third in Component-C, after Gujarat and state government has said it aims to provide daytime electricity for agriculture to all farmers by 2027, with around 1 lakh already benefiting from the claim this could help reduce the state's discom losses, which are reportedly over Rs 90,000 crore, mainly due to high-cost thermal power purchases.
Time of India
16 minutes ago
- Time of India
UPI surge: India leads the world in fast payments; 18 billion monthly transactions power growth
AI image India has become the world's top player in real-time digital payments, largely due to the rapid growth of the Unified Payments Interface (UPI), according to a recent International Monetary Fund (IMF) note titled 'Growing Retail Digital Payments: The Value of Interoperability'. Launched in 2016 by the National Payments Corporation of India, UPI has revolutionised the country's payment ecosystem by enabling users to link multiple bank accounts to a single mobile app and make instant transactions with ease. It has not only simplified peer-to-peer payments but also enabled millions of small businesses to accept digital payments at minimal cost. According to data from the Press Information Bureau (PIB), UPI now processes over 18 billion transactions every month, accounting for 85 per cent of India's total digital payments. In June alone, the platform recorded 18.39 billion transactions worth Rs 24.03 lakh crore — a 32 per cent increase from June last year. With 491 million users and 65 million merchants onboard, UPI connects 675 banks through a single digital framework. 'This shift has taken India away from cash and card-based payments and pushed it towards a digital-first economy,' noted the PIB in its latest background series. 'Millions of individuals and small businesses now rely on UPI for safe and low-cost transactions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Get Your Handmade Phone Case Now [Limited Offer] Buy Now Undo By making payments quick and accessible, UPI has become a powerful tool for financial inclusion.' The platform's global footprint is expanding as well. UPI is now operational in seven countries, including the UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, and Mauritius. Its debut in France marks UPI's first foray into Europe, allowing Indians there to pay seamlessly without the usual hassles of foreign transactions. India is also pushing for UPI to be adopted within the BRICS grouping, which now includes six new member nations. As per the PIB, such an expansion 'will improve remittances, boost financial inclusion and raise India's profile as a global tech leader in digital payments.' The journey to this digital success was built on a strong foundation of financial inclusion. The Jan Dhan Yojana was a key enabler, bringing over 55.83 crore people into the formal banking system as of July 9. These accounts not only offer a secure way to receive welfare benefits but also encourage saving and digital financial habits. 'These figures show more than just numbers. They reflect trust, convenience and speed. Every month, more individuals and businesses choose UPI for their payments. This growing use is a strong sign that India is moving steadily towards a cashless economy,' the PIB added. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
News18
16 minutes ago
- News18
Somanna visits Puri, inspects redevelopment works at railway station
Agency: PTI Last Updated: Puri, July 20 (PTI) Minister of State for Railways V Somanna inspected the redevelopment works underway at the Puri railway station in Odisha on Sunday. He also visited the 12th-century Jagannath temple along with his family in the seaside town. 'Over the past decade, railway infrastructure in the region has seen unprecedented growth, with significant advancements in new line construction, track doubling, and enhancement of passenger amenities — far surpassing the progress of previous years," he said. 'At present, 59 stations in the state are being redeveloped at a cost of Rs 2,379 crore," he said. Somanna also spoke about the introduction of trains such as the Vande Bharat Express, which now connect major cities of the state, boosting regional connectivity and development. He said the redeveloped Puri station will offer world-class amenities to passengers, including improved access, modern waiting halls, lifts and escalators, and executive lounges. The redevelopment aims to enhance the travel experience of pilgrims, tourists and local passengers, he added. PTI BBM BBM SOM Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
