AdvantEdge

Mobility First Transformation Fund, helping early stage founders build #Indicorns

[AdvantEdge @advantEdge_vc]

What can EV charging learn from UPI?

On Episode 6 of DRIVEN @KunalKhattar speaks with @akhiljp_dev of Pulse Energy on interoperability, connecting India's EV charging ecosystem and the lessons shaping Pulse Energy's journey.

Watch: https://t.co/r5doFRIYFq

[AdvantEdge @advantEdge_vc]

AdvantEdge Founders has led a seed round of over ₹10 crore in @PaarAutonomy to scale-up and advance indigenous, GPS-denied navigation capabilities for India’s defence ecosystem.

https://t.co/CyZaMIyK6Q

[Kunal Khattar @KunalKhattar]

EVs depreciate 60-80% in 5 years (vs ICE appreciating 5-6%/yr). That crash in resale value is exactly what makes a ₹10-15L EV affordable at ₹4-6L used.

250M two-wheeler owners in India are one financing innovation away from their first car. Wrote about why the used-EV market (growing 15%/yr) is the bridge on @IndianVCA site :

https://t.co/vvnV85GQhh

[Kunal Khattar @KunalKhattar]

India has 29 state EV policies. And counting.

Great for experimentation. But an OEM selling across states tracks different incentive windows. A fleet operator hits different tariffs. A charging company faces different land approvals.

State-level innovation got us here. A national framework will take us to scale.

Common rules on charging, incentives, data standards and battery health — not to replace states, but to connect them.

@AdvantEdge_VC @mnreindia @MinOfPower

https://t.co/pORHHLKi8r

[IVCA @IndianVCA]

India’s large two-wheeler base represents a substantial pool of potential four-wheeler owners, but the cost of buying and running a car remains a key barrier.

In this edition of #TheContext, @KunalKhattar, Founding Partner, @advantEdge_vc, examines how pre-owned electric cars could provide a more accessible route from two-wheeler to four-wheeler ownership.

Faster depreciation of electric vehicles (EVs), driven by advances in battery technology, improved range, and the pricing of newer models, can make used EVs available at significantly lower prices than when new. Combined with lower running and maintenance costs, this could make them an attractive option for cost-conscious consumers looking to move to four-wheeled mobility.

The piece also looks at how transferable battery warranties can address concerns around battery degradation and replacement costs, helping support a robust secondary market for EVs.

Read the full article: https://t.co/I1mVZZoA5T

#TheContext #ElectricVehicles #EVIndia #Mobility #AlternateCapital #PrivateMarkets #IVCA

[AdvantEdge @advantEdge_vc]

A ₹10-15L EV can become a ₹4-6L used car. Charged at home, it can cost less per km to run than a petrol two-wheeler.

@kunalkhattar on why used EVs could be the bridge for India's 250M two-wheeler owners, in @IndianVCA #TheContext:

https://t.co/34ur2s5rWP

[Kunal Khattar @KunalKhattar]

Cabinet just cleared Green Energy Corridor Phase-III. ₹1.86 lakh crore. 135 GW of renewable energy by 2032.

And ₹50,000 crore specifically for 50 GWh of Battery Energy Storage.

This isn't just a power sector story. It's the foundation that makes EV adoption irreversible.

Clean grid is no longer a promise. It's a ₹1.86 lakh crore commitment.

Clean grid → EV stack → mass mobility. The flywheel is turning.

@AdvantEdge_VC @mnreindia @MinOfPower

https://t.co/1HsHCKDRqg

[Kunal Khattar @KunalKhattar]

Delhi's Winter Pollution Action Plan kicks in November 1.

Parking charges doubled. Construction banned. 50% work from home. Non BS-VI vehicles restricted.

EVs? Completely exempt. No restrictions whatsoever.

Winter in Delhi is about to become the strongest real-world advertisement for EV ownership the city has ever seen.

Clean grid → EV stack → mass mobility. The flywheel is turning.

@AdvantEdge_VC @mnreindia @MinOfPower

https://t.co/AYhrhUSkTx

[Kunal Khattar @KunalKhattar]

India's e-bus market grew 35% in FY26. We're #3 globally in e-bus penetration.

But 85% of India's e-buses arecity fleets. Private e-bus adoption? Less than 5%.

The problem isn't demand. It's financing tenures built for diesel and high voltage charging infrastructure that stops at STU depots.

Policy got the government fleet moving. Now fix the ecosystem for private operators.

Clean grid → EV stack → mass mobility. The flywheel is turning.

@AdvantEdge_VC @mnreindia @MinOfPower

https://t.co/d1wPs5Tkj8

[Kunal Khattar @KunalKhattar]

India — the only G20 nation to fulfil all Paris COP21 commitments. Ahead of schedule.

Solar capacity: 2 GW in 2014. 160 GW today. 20 crore tonnes of carbon emissions curbed through solar alone.

The world debates. India delivers.

And the next chapter? Clean mobility. EVs. Energy independence.

The foundation is built. Now we accelerate.

Clean grid → EV stack → mass mobility. The flywheel is turning.

@AdvantEdge_VC @mnreindia @MinOfPower

https://t.co/LnFfql360t

[AdvantEdge @advantEdge_vc]

Commercial vehicles will lead India's EV transition. But only if three things work together — purpose-built vehicles, the right energy infrastructure, and EV-specific financing.

Our Founding Partner @KunalKhattar breaks it down with @StartupResearch 👇

https://t.co/QDTmDkyWRO

[AdvantEdge @advantEdge_vc]

Can @atherenergy win India's ₹1 lakh EV scooter market?

Our Founding Partner @KunalKhattar joined @TheKenMedia's Two by Two to share his take.

Technology and brand vs scale and distribution. The most consequential EV battle of 2026.

Tune in 👇

https://t.co/np1k6Q2T1W

[Kunal Khattar @KunalKhattar]

India has 29 state EV policies. And counting.

Great for experimentation. But an OEM selling across states tracks different incentive windows. A fleet operator hits different tariffs. A charging company faces different land approvals.

State-level innovation got us here. A national framework will take us to scale.

Common rules on charging, incentives, data standards and battery health — not to replace states, but to connect them.

@advantEdge_vc @mnreindia @MinOfPower

https://t.co/pORHHLKi8r

[Kunal Khattar @KunalKhattar]

Biggest ever August for electric mobility in India.

2,98,448 EVs retailed. Up 52.9% YoY. Penetration at 12.3% — up from 9.5% a year ago.

The standout? Electric commercial vehicles nearly tripled YoY to 4,702 units. All-time monthly high.

As FADA puts it — "This is no longer a subsidy story. It's running-cost economics, expanding infrastructure and maturing consumer confidence."

@AdvantEdge_VC @FADA_India @mnreindia @MinOfPower

https://t.co/3ydCqiCygx

[Kunal Khattar @KunalKhattar]

August 2026. A historic first.

Alternative powertrains overtook petrol in passenger vehicles — 41.9% vs 40.8%.

But the real story is EVs:

⚡ 2W EV penetration: 7.7% → 10.7% in one year
⚡ EV retail sales: 2.98 lakh units in August alone
⚡ 3W Commercial vehicle electrification: 56.6% of sales

India's mobility transition is no longer a single-technology story. But EVs are clearly leading the charge.

Clean grid → EV stack → mass mobility. The flywheel isn't just turning. It's accelerating.

@AdvantEdge_VC @FADA_India @mnreindia @MinOfPower

[Kunal Khattar @KunalKhattar]

UltraTech Cement — 200+ MTPA, one of India's largest diesel fleets — is scaling to 600+ electric trucks by December, moving 5M tonnes of clinker a year across seven states.
It's sourcing from four different OEMs at once. Nobody's won this account yet.
That's the opening in industrial logistics electrification.
https://t.co/RlOV8RMuqy

[Kunal Khattar @KunalKhattar]

Electronics: 30-35% of a car’s cost in 2020. 50-55% by 2030.

Every vehicle — ICE or electric — is becoming a computer on wheels.

India’s electronics share of auto components? Just 12% today.

That’s not a gap. That’s an opportunity.

ADAS. Sensors. ECUs. Battery management. The next India auto story isn’t just EVs — it’s the full electronics stack inside them.

@AdvantEdge_VC @mnreindia @MinOfPower

https://t.co/kLzO3CGkEb

[Kunal Khattar @KunalKhattar]

August 2026 EV numbers are in.

Electric 2W up 45.6% YoY. Electric 3W up 13.7%. EV cars up 18.5%.

July was a record. August holds strong.

The market isn’t slowing down — even without the PM E-DRIVE subsidy.

Clean grid → EV stack → mass mobility. The flywheel isn’t just turning. It’s accelerating.

@AdvantEdge_VC @mnreindia @MinOfPower

https://t.co/IqUJLGrFy7

[Kunal Khattar @KunalKhattar]

PM E-DRIVE just made component localisation mandatory, not aspirational. From Sept 1, e-truck subsidies require BMS, VCUs, DC-DC converters and motor controllers assembled in India — no more single-supplier CKD battery imports. Localisation is <20% today. That gap is the opportunity.
https://t.co/WICBS037Oi

[Kunal Khattar @KunalKhattar]

Station count matters less than energy throughput. ⚡️

In my latest piece for @siliconindia, I break down "The Mobility Infrastructure Trap" and why building sustainable EV infrastructure in India requires a demand-first approach, high utilization, and smart capital.
@advantEdge_vc @ExponentEnergy

Read the full article 👇
https://t.co/CT4v1Sbibk