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MoEVing successfully raises $2.5 million from its JSW Ventures

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Commercial electric mobility Technology platform MoEVing raised $2.5 million from JSW Ventures. With this investment, venture capital firm JSW Ventures officially enters the electric vehicle (EV) market. MoEVing, which was founded in 2021, runs 1,500 electric vehicles—including 2- and 3-wheelers—across 15 cities. Over 30 multi-modal charging facilities have been established nationwide by it.

“India has the potential to become an EV-first country. The push to EVs will mean a complete rethinking of the transportation ecosystem, which in many places has to be built ground-up. MoEVing is working to do that in the commercial EV space as we strongly believe that EV adoption will be driven by commercial transportation, especially in the first/last mile delivery space,” Vikash Mishra, co-founder & CEO at MoEVing said.

The money generated will be used primarily to improve its driver partners’ access to electric mobility platforms. It will also be applied to city expansion. MoEVing has so far raised up to $10 million with the most recent round.

MoEVing
credit: businessinsider

“MoEVing’s full-stack platform approach is unique and has global relevance to support the acceleration of EV adoption across sectors. Our investment recognizes the opportunity for MoEVing to grow exponentially by capitalizing on the early EV wave as Indian businesses transition their supply chain to electric mobility,” Sachin Tagra, Partner at JSW Ventures, said.

A pre-series A through series A+ venture capital firm specialising in platform and SaaS investments, JSW Ventures is a part of the group by the same name. India is poised to see a $1 billion private equity investment in electric vehicles this year alone. By 2070, the Indian government likewise wants to reach the “Net Zero” carbon emissions goal.

According to the McKinsey India report 2022 on “Decarbonising India,” India is the third largest emitter in the world, producing 2.9 gigatonnes of carbon dioxide annually, or 4.9% of annual worldwide emissions. Almost all of these pollutants are contributed by the automotive industry.

“Favourable unit economics, positively evolving regulatory framework and the deepening efforts by companies in India to meet the targeted green goals is driving stronger demand and adoption of commercial EVs,” MoEVing stated. The Gurgaon-based company aims to decrease 1,000 tonnes of carbon dioxide by the end of this financial year.

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Gogoro enters fleet segment in India with Zypp Electric, Will Offer e-Scooters For The Common Man

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Gogoro enters fleet segment in India with Zypp Electric, Will Offer e-Scooters For The Common Man

Gogoro Inc, a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a strategic B2B initiative and partnership with Zypp Electric, India’s leading EV-as-a-Service platform. Together, the companies are focused on accelerating the urban shift of logistics fleets and last mile deliveries to electric using battery swapping.

Gogoro and Zypp plan to launch their B2B pilot in Delhi next month. It will focus on last-mile delivery fleets and will include Gogoro Network GoStations, Gogoro Smart Batteries and Gogoro Smarscooters.

Gogoro enters fleet segment in India with Zypp Electric, Will Offer e-Scooters For The Common Man

Gogoro partners Zypp Electric for battery swapping pilot

Zypp Electric is India’s leading EV-as-a-Service platform. The company’s mission focuses on decarbonizing last-mile deliveries in India with an ecosystem of electric vehicles and EV-based technology. The company handles daily deliveries for everything, from local merchants to e-commerce giants, using its fleet of over 7,000 EVs.

India, like many Asian countries, relies heavily on fast and efficient two-wheeled vehicles, including scooters and motorcycles, that can weave through gridlocked traffic and take routes that are inaccessible to larger four-wheeled vehicles.

With the electric scooter and motorcycle market booming in India, Gogoro and Zypp are set to take full advantage of Gogoro’s battery swapping as an effective tool to keep those EVs on the road instead of parked at a charging station. In the international market, Gogoro has partnered with over 10 OEMs including Yamaha and Suzuki Taiwan for its battery swapping modular technology for electric two-vehicles. 

Gogoro enters fleet segment in India with Zypp Electric, Will Offer e-Scooters For The Common Man

The company has partnered with Foxconn to localise battery technology in the country for their swapping network. However, it is also evaluating plans to expand this partnership to electric vehicle manufacturing. “We are teaming up our technology with Foxconn’s manufacturing investments to localise battery technology in India,” the CEO said.

According to Kaushik Burman, General Manager of India for Gogoro, the partnership with Zypp is a first step in validating and demonstrating Gogoro’s proven leadership in battery swapping while also learning from local businesses and riders. “Gogoro is a founding member of the Indian battery swapping association (IBSA) and we are collaborating with multiple industry partners and regulatory authorities to contribute to a better India. “Gogoro has been working to secure all of the relevant certifications for its batteries and battery swapping stations,” Burman added. 

Gogoro enters fleet segment in India with Zypp Electric, Will Offer e-Scooters For The Common Man

For starters, both companies will run a pilot programme across Gurugram, Delhi, Noida, Ghaziabad, Faridabad and Bengaluru where Zypp will use Gogoro’s 2 Series e-scoot and also its renowned battery-swapping technology. In terms of styling the e-scoot looks properly modern and unmistakably electric. There are no sharp lines and creases like on traditional sporty scooters, but the smooth flowing lines do remind us of the Ola S1, especially from the side profile.

Electric Scooter sales shoot up in India during October 2022

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According to information found on the government website Vahan, sales of electric two-wheelers reached an all-time high in October 2022 with over 75,000 units sold. Multiple new product launches, increased production capacity with many OEMs, and holiday season demand are all responsible for the significant increase in sales. With 52,975 units sold in October 2021 compared to this year’s September and August numbers of 51,213 units each, there has been a rise of 30%.
For the second consecutive month, Ola Electric once again claimed first place.

The electric scooter manufacturer claims to have sold 20,000 units of the S1 and S1 Pro, a record since the products were initially introduced in August 2021. However, based on data from the Vahan portal, which tracks car registrations, Ola Electric may have sold 15,065 units. In any case, the company’s sales appear to be outpacing the competition.

Electric
credit:timesofindia

In October 2022, Ather Energy sold 8,213 units, representing a 122% increase year over year. According to the corporation, markets like Kerala, Maharashtra, and Karnataka have significant consumer demand. Another significant achievement for the business was the installation of more than 500 Ather fast charging grids throughout the nation and the Diwali delivery of 250 Ather 450X units in Bengaluru in a single day.

Ampere, an electric two-wheeler maker owned by Greaves Cotton, came in third in terms of sales in October after selling 9,173 units.

Hero Electric sold 8,348 units in October, hardly increasing sales from September. 8,018 items were sold by the business in the month before. Okinawa Autotech reported that in October 2022, it sold a record 17,531 retail units. The company’s electric scooters, both high-speed and low-speed, are included in the sales total. The demand for Okinawa’s electric scooters, such as the Praisepro, IPraise+, Okhi-90, Ridge+, LITE, R30, and Dual, is credited with driving up sales.

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TotalEnergies introduces their EV Fluid Line of Hybrid Vehicles in India

Jeep Classic debut their Electric SUV concept design

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Nitin Gadkari says EVs will become as affordable as petrol vehicles next year

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Nitin Gadkari says EVs will become as affordable as petrol vehicles next year

The Union Minister for Road Transport & Highways, Nitin Gadkari, has some good news for people who have been waiting for EVs to become cheaper. As per the minister, electric vehicles will cost almost the same as their petrol counterparts by 2023. Gadkari shared the prediction while speaking at an event on Tuesday. The minister also spoke about the government’s intentions to ravamp the state of buses across India.

‘EVs to be as AFFORDABLE as petrol vehicles by 2023′ says Nitin Gadkari

Fuel demand in India hit highest levels in four months driven by the festive spirit in October, even as prices remained stagnant despite a drop in crude rates. As OPEC+ decided to cut output, oil from Russia outsold fuel from Saudi Arabia and Iraq to make it India’s biggest supplier in the past month. Although commercial LPG prices have been slashed by Rs 115, prices of petrol and diesel in Indian cities have remained unchanged, despite expectations of relief from Indian Oil.

Union Minister says EVs will become as affordable as petrol vehicles next year

With fossil fuels in focus, India’s road transport minister Nitin Gadkari has claimed that electric vehicles will be as affordable as petrol vehicles by next year. Electric Vehicles have already been adopted at Delhi airport to curb the severe air pollution which has been tormenting the national capital for days. Although states such as Haryana are working on generating revenues for farmers through ethanol from stubble to be mixed with petrol, stubble burning this year has added to Delhi’s air woes.

“For this, we need electrolysers. They are used in separating Hydrogen from Oxygen. India has the maximum electrolysers in the world,” Gadkari said. On a lighter note, Gadkari said that even his wife didn’t believe that a car can be run from the water energy. “That’s why, I decided to travel in a hydrogen car,” Gadkari said.  

Union Minister says EVs will become as affordable as petrol vehicles next year

Sharing some additional data on the state of electric vehicle sales in the country, Gadkari said that the Electric Vehicle business in India soared by 800% with an estimated 17 lakh electric vehicles reportedly registered so far this year. Speaking about the electrification of the country’s buses, the minister said that it wants to ensure all diesel buses are converted into electric models. This would also help India move towards its goal of net zero emissions.

The Union Minister further spoke about hydrogen-powered vehicles, something that companies like Toyota are developing. However, it’s unclear whether these vehicles will gain more traction than upcoming electric cars. Meanwhile, companies like Ola are expected to launch electric cars over the next couple of years. While the government and various private enterprises are ramping up charging infrastructure, it’ll still be a while before electric cars can truly replace petrol cars.

TotalEnergies introduces their EV Fluid Line of Hybrid Vehicles in India

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On Tuesday, TotalEnergies Marketing India Private Limited (TEMIPL) announced the introduction of its new EV Fluid line of electric and hybrid vehicles, as well as electric bikes, in India.

“The new product ranges – Quartz EV Fluid for cars and Hi-Perf EV Fluid for bikes – have been developed specifically for drivetrain reducers, e-motors, e-transmissions and batteries in electric and hybrid vehicles,” the company said in a press release.

The specially formulated EV fluids have good compatibility with copper coils and the new polymer materials used in EVs, as well as improved electrical qualities against short circuits and static electricity. Additionally, they are created with superior anti-wear qualities, strong heat resistance, ultra-low viscosity for gear and bearing protection, and ideal temperature control with effective cooling.

TotalEnergies
credit: livemint

TotalEnergies’ EV fluids are the product of a significant investment in research and development, partnership with automakers globally, and use of Formula E races as a testing ground for their EV fluids to help enhance vehicle performance, increase autonomy, and lengthen their lifespan.

With an emphasis on environmentally friendly and sustainable transportation options, India is accelerating EV adoption nationwide. The Indian electric car market is therefore anticipated to experience exponential growth during the following five years.

Rahman added that with this launch, TEMIPL brings its global experience and technical expertise to the Indian market. “Our products have been especially developed to meet the cooling, insulating and lubrication needs of all types of electric and hybrid vehicles to ensure that they remain in peak condition throughout their lifetime.”

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LML opens bookings for ’Star’ electric scooter

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LML opens bookings for ’Star’ electric scooter

LML on Tuesday announced the start of the bookings for its upcoming Star electric scooter. The new two-wheeler was previously showcased as part of the new LML trio that also includes Moonshot and Orion EVs. The company said that it has opened order books for the new Star EV online at its official website.

Interested customers can browse through the company’s website, fill up the form and reserve the scooter without paying any initial amount.

LML opens bookings for ’Star’ electric scooter

LML Star bookings open

Homegrown automaker LML or Lohia Machines Ltd has re-entered the Indian market. It was in September last year that company announced its re-entry into the Indian market with electric two-wheelers. This was followed by the company trademarking ‘Star’ and ‘Hyperbike’ names for its initial products.

The new Star is also likely to be the first offering to go on sale in the country. It sports quite an edgy and futuristic exterior design. Some of the key highlights of the new model include the use of a display panel on its fascia, stepped seats, telescopic front forks, a mono-shock at the rear, disc brakes, and more.

LML opens bookings for ’Star’ electric scooter

“We are delighted to announce that bookings for our flagship product, LML Star, have begun. People can visit our website and make a scooter reservation without spending even a single penny. We are sure that the LML Star will justify our consumers’ already growing affection and expectations for electric vehicles since our products are endowed with unprecedented range, class-leading speed, and advanced technology that a rider can ever think of,” said Yogesh Bhatia, MD & CEO, LML.

This vehicle offers several unique features like a sporty ride and adjustable seating, an interactive infotainment panel, photosensitive headlamps, and an agile, bulky exterior design. The Star Segment-first features include a 360-degree camera, haptic feedback, and a 360-degree camera. The Bookings are being accepted for the following event: Star It offers e-scooter free of charge on its website. It LML has been reported.

LML opens bookings for ’Star’ electric scooter

After 2018 was the year that LML closed its doors. SG purchased it. Corporate Mobility After having dabbled with consumer electronics, and E2Ws, it decided to move into the realm of E2Ws. The The company has made an initial capital investment of Rs 350 crore in LML Electric For the development of three products: an ebike (hyperbike), an escooter (e-scooter), and an ebike.

Electric Plans to begin selling its new products starting in January 2023 onwards. While there is no indication of the pricing, expect the new scooter to range somewhere in the range of Rs 1 lakh to Rs 1.10 lakh in terms of ex-showroom pricing.

Jeep Classic debut their Electric SUV concept design

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Jeep Classic debut their Electric SUV concept design
credit: rushlane

From 1944 to 1986, the Jeep Classic was in production. It was what made the current Wrangler possible. The Jeep Wrangler of today is the spiritual heir to the Jeep CJ Classic of the previous century. At the SEMA Show in 2022, the Classic Jeep SUV has now sort of made a reappearance.

At the SEMA Show 2022, the Jeep CJ Surge Concept is now on show. It was created by Mopar, a performance and accessories company that belongs to Stellantis. According to Mopar, this is a vision for upcoming propulsion systems for enthusiasts to convert both current and historic cars into electric vehicles. We deem the Jeep CJ Surge Concept to be a job well done after taking a closer look.

a massive V8 lump of an engine that can pull a cow and has a 7L or 8L displacement? No, actually. Contrary to many American products, this build has sensibility. This Jeep CJ Surge Concept is a battery-powered automobile. Its boot has a battery pack, while its hood houses special motor mounts (not calling it a bonnet, coz it is American).

Jeep Classic debut their Electric SUV concept design
credit: rushlane

In the long run, Mopar came up with a pretty smart idea with this one, and it needs to be put into production right away. The second-largest automotive market in the world is in America. In America, the culture of car modification is almost automatic. It’s not uncommon to purchase a historic car and install a Chevy LS1 engine or a motor identical to it.

The 400V scalable electric drive module for the Jeep CJ Surge Concept EV can produce 268 horsepower. This motor has a 2-speed transfer case with variable gearing to drive all 4 wheels.

Jeep
credit: rushlane

This motor is powered by a battery pack made up of 24 Li-ion battery modules, each of which has a capacity of up to 50 kWh. Of course, it receives a 2″ lift-kit. We have Dana 44 Crate axles by Jeep Performance Parts to increase its versatility. Large 35″ BF Goodrich AT tyres give the Jeep CJ Surge Concept a lot of presence. Its donor Jeep’s core remains untouched, and Mopar has even improved it.

Bumpers from a Wrangler JK Rubicon, a Warn winch, LED headlamps, and more are seen. The interior is also updated, and a central console from a Wrangler JK Rubicon is used. This Jeep is properly vintage but still contemporary thanks to the addition of custom seats, a roll cage, and a trimmed windscreen. The Jeep CJ Surge Concept is easily recognisable as a Jeep from a distance thanks to its Surf Blue and Copper Canyon accents.

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Baaz electric scooter in the market, will give competition to Ola and Bajaj

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Baaz electric scooter in the market, Will give competition to Ola and Bajaj

Indian EV Startup Company Baaz Bikes has launched a new electric scooter at an ex-showroom price of Rs 35,000. The latest electric scooter is based on battery-swapping technology, which has been launched in the market for delivery agents and small business users. The biggest advantage of this is that you will not need to register in RTO to run it. At the same time, users will not even need a driving license. The top speed of the Baz electric scooter is 25 kmph.

The demand for electric vehicles (EV) has been increasing rapidly in India for the past few days. These electric vehicles include both cars and scooters. And big moisture companies have introduced their own great models. But to compete with companies like OLA and Bajaj, Baaz has entered the market.

Baaz electric scooter in the market, Will give competition to Ola and Bajaj

‘Baaz’ Will Compete With OLA And Bajaj, The Price Is Only 35 Thousand

It has been developed by IIT Delhi alumni, who are also the founders of its parent company ElecTroq Technology. On the basis of low price, this scooter will give tough competition to other companies. Let us tell you that Ola has also launched its cheapest electric scooter S1 Air for Rs 84,999. The company has launched its new electric scooter “Baaz”. Battery swapping facility has also been provided in this e-scooter. 9 batteries can be fixed in its swapping platform. The company has claimed that its battery can be replaced in just 90 seconds.

The company says that by replacing the battery with the battery swapping station, you will be able to enjoy non-stop travel. This swapping station is designed for different seasons. According to media reports, it has been given an all-weather IP65 rating for rain and dust.

Baaz electric scooter in the market, Will give competition to Ola and Bajaj

Baaz Electric Scooter will get the support of the battery pack of Baaz Energy Pods. These swappable battery packs weigh 8.2 kg and get 1,082 Wh of energy density. The pods are rated for IP68 weatherproofing. Their operating temperature is 45 degree Celsius. Battery charging facility will be provided by an ergonomically designed automated station.

The Baz e-scooter measures 1624mm in length, 680mm in width and 1052mm in height. It has a top speed of 25 km/h. Its battery is powered by a lithium-ion cell fitted in an aluminum casing. Apart from this, its energy density is 1028 Wh. And it is also waterproof and splash proof. This electric scooter from Baz Bikes is fully keyed. It doesn’t even require a license.

Baz Bikes has launched a new scooter at an ex-showroom price of Rs 35,000. To keep the price of the electric scooter low, the company has not included a battery pack in it. The latest electric scooter has been specially introduced for the delivery agents and small business people. The company will power the electric scooter using its automated battery swapping station network.

MG Air EV to launch in 2023: Should you be excited?

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MG Air EV to launch in 2023: Should you be excited?

MG Motors have recently confirmed that they will launch their baby EV in India otherwise known as MG Air EV. Now, as we know, MG is also participating in the upcoming India Auto Expo 2023, so the final variant sold in India next year could also be up for the show.

Will be based on the Wuling Air EV sold in Indonesia

MG Motors already sells this Wuling Air EV in Indonesia and we don’t expect many changes to the design except rebranding/renaming before it hits the Indian market. This car will surely remind you of Tata Nano and comes with dimensions of 2,974 x 1,505 x 1,631 mm along with a 2,010 mm wheelbase. With a basic 12” steel wheel, this looks more usable than a fancy one but even with such short dimensions, the car can accommodate 4 people.

MG Air EV to launch in 2023: Should you be excited?
Wuling Air EV

Being even more compact than the best-selling hatchback in India i.e.e Maruti Suzuki Alto, this two-door EV has a boxy design with futuristic detailing that doesn’t make it look cheap by any sort. In Indonesia, this Wuling Air EV is offered in 5 color variants including Pristine White, Avocado Green, Lemon Yellow, Peach Pink and Galaxy Blue. So, with a wide range of funky colors, this rebadged MG Air EV could indeed be a good entry-level option for those who need a second car to roam around the city without having to worry about the petrol prices shooting up.

With leather-wrapped steering, and a dual 10.25-inch screen layout meant for both infotainment and instrument cluster, this doesn’t look cheap at all. A simple interior with a touch of futuristic compact design is what you can truly say about this MG Air EV, now, with important safety features like ESC, ABS, ISOFIX, rear parking sensor and camera, this is a fully-loaded modern-age compact EV. For more details visit the Wuling Air EV website.

MG Air EV: Engines Specs & Battery

MG’s Wuling Air EV is available in two variants in Indonesia – Standard Range and Long Range, the standard range comes with a 17.3 kWh battery with an IP67 rating providing a range of up to 200 Km. This battery charges up in 8.5 hours with a 2.0 kW AC charger while the Longe Range variant comes with a 26.7 kWh battery giving you a range of up to 300 Km and this variant can be fast charged in 4 hours with a 6.6 kW AC charger.

However, as per reports, this upcoming MG Air EV could provide a real-life range of up to 150 km which is quite good for an entry-level EV. This electric car features a single motor that provides 40hp and comes with a front-wheel-drive setup, while the battery used in this EV will be based on LFP cells that are similar to the one used in the TATA Nexon EV.

MG Air EV to launch in 2023: Should you be excited?
Wuling Air EV sold in Indonesia to be rebranded as MG Air EV in India

Expected Pricing & Availability

This MG Air EV will be based on the born-electric platform that helps to provide more space inside an otherwise small car but to keep costs down MG Motors has to develop this car in India itself. So, this MG Air EV could be localised up to 60% to reduce costs and save on import tax so that this upcoming EV could have a competitive price against the recently launched Tata Tiago EV.

As per widespread rumours, this upcoming MG Air EV could have a starting price close to Rs.10 lakh for the standard range variant. In terms of availability, we expect MG Motors to make it public as soon as January 2023 at Indian Auto Expo and make it available in the Indian market as soon as Q2 2023. Now, is it worth the wait or should you go for the Tiago EV? Well, this depends on your budget, style appeal and availability, however, we do suggest you at least wait until Auto Expo 2023 when a number of EVs will be shown and announced.

Toyota Innova Hycross design leaks online showing off a Panoramic Sunroof

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Toyota Innova Hycross design leaks online showing off a Panaromic Sunroof

Toyota unveiled the Innova Hycross MPV’s first teaser image earlier this week. The Hycross is expected to be introduced next month for the Indonesian market, and a design patent for the vehicle has recently surfaced online, confirming the first-ever inclusion of a panoramic sunroof in an MPV.

The body-on-ladder construction will be replaced by the monocoque platform in the new-generation Toyota Innova Hycross. Additionally, a 2.0-liter petrol-hybrid powertrain that sends power to the front wheels will power the Hycross. The MPV will have a more pronounced front grille and sleeker LED headlamps in terms of outward appearance. Additionally, the bumpers will be modified to include a horizontal air inlet next to a triangle fog lamp housing.

Although there are currently few specifics available regarding the interior, we anticipate that it will include a larger infotainment system, a 360-degree camera, a wireless charger, and leatherette upholstery.

In India, testing of the Toyota Innova Hycross has also started; the vehicle is scheduled to go on sale soon.

The Innova Hycross will be built on Toyota’s modular TNGA-C monocoque platform and use front-wheel drive, which is a significant change from the ladder-frame foundation and rear-wheel drive configuration used in all previous Innova models. The Hycross will be able to achieve a flat floor at the back thanks to the monocoque architecture, which will free up additional room.

Toyota
credit: autocarindia

Similar to the Hyryder midsize SUV, the Innova Hycross will have two petrol engine choices: a naturally aspirated petrol and a petrol-hybrid unit. More significantly, the Innova Hycross won’t be available with a diesel engine, which again represents a significant change for its main target market.

The interior of the Hycross is unknown, although previous spy images showed a sizable floating touchscreen infotainment system. With features like a 360-degree camera, wireless charging, and even a “ottoman function” for the captain seats in the second row, it’s also anticipated to see an improvement in quality and equipment over the present model. Additionally, it will still be available in a variety of seating arrangements.

In Indonesia, where it will probably be known as the “Innova Zenix,” the Innova Hycross is anticipated to make its debut sometime in the second part of November 2022. By the beginning of next year, prices for the Innova Hycross in India should be announced. The Innova Crysta, which is only now offered with a petrol engine option, will be sold alongside it.

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