Business Economy


Bondada Group Enters Electric Mobility, Unveils T1 E-Two-Wheeler Ahead of November Launch

Hyderabad, Oct 21 (UNI) Bondada Engineering Limited, through its subsidiary Atpole Technologies Pvt Ltd, in partnership with Thuraga Motors, on Wednesday announced the unveiling of its upcoming T1 electric two-wheeler and launched a dedicated website for the product, marking the Group’s entry into electric mobility.
The T1 will be available in green and blue and is priced at Rs 59,999, inclusive of GST. Optional accessories will also be offered, the company said in a release.
The website was also launched at a curtain-raiser event held on the occasion of Dussehra.
The company plans to make the T1 available initially in Telangana, Andhra Pradesh and Tamil Nadu from November 2026.
Pre-bookings are open through the website, the company said in a release.
Designed for everyday transport, goods movement and delivery operations, the T1 is intended to serve individual customers, businesses, fleet operators and institutional buyers, with an emphasis on utility, payload capacity and operational convenience.
Rear Admiral R. Sreenivas, VSM (Retd), Chief Executive Officer of Bondada Group, said the company aimed to make electric mobility more accessible through indigenous solutions designed and manufactured for Indian users.
Jagadish Kumar Meesala, Director of Atpole Technologies Pvt Ltd, said the company’s focus was on developing dependable and practical mobility solutions for farmers, workers and delivery partners.
Abhiram Thuraga, Founder and Chief Technology Officer of Thuraga Motors, said the T1 reflected the company’s focus on homegrown engineering and electric mobility suited to Indian road conditions and everyday transport requirements.
The T1 measures 1,810 mm in length, 695 mm in width and 1,065 mm in height. It has a kerb weight of 65–70 kg and a maximum payload capacity of 200 kg.
The vehicle is powered by a 600W brushless DC (BLDC) hub motor and a 51.1V, 30Ah lithium iron phosphate (LFP) battery.
The company has specified an idle range of 86 km per charge, with a tolerance of ±5 per cent, and a full charging time of approximately three hours.
The battery and motor carry IP67 ratings, while the controller is rated IP65. Other features include tubeless tyres, drum brakes, telescopic front suspension, dual rear suspension and 167 mm of ground clearance.
The event was attended by former Indian cricketer Ambati Rayudu, Hala Mobility Founder and CEO Srikanth Reddy Kalakonda and Bondada Group Chairman and Managing Director Bondada Raghavendra Rao.
UNI KNR CDS
More News

Mumbai Port Authority invites global bids for Viksit Bharat Mumbai Marina at Victoria Dock

21 Oct 2026 | 8:11 PM

Mumbai, Oct 21 (UNI) The Mumbai Port Authority, which functions under the union Ministry of Ports, Shipping & Waterways, has invited bids from both domestic and international bidders for the development of the Viksit Bharat Mumbai Marina, a full-service marina and integrated waterfront development at Victoria Dock, Mumbai Port, according to an official statement issued here on Wednesday.
According to the official statement, the project will be implemented on a Design, Build, Finance, Operate and Transfer (DBFOT) basis, for a concession period of 45 years.

see more..

Bank of Baroda launches festive campaign ‘bob Ke Sang Tyohaar Ki Umang’

21 Oct 2026 | 7:20 PM

Mumbai, October 21 (UNI) Bank of Baroda has launched its festive campaign, ‘bob Ke Sang Tyohaar Ki Umang – Shubh Bhi, Labh Bhi’, offering a range of benefits across home loans, car loans, MSME financing, savings products and debit card spending.

see more..

Bondada Group Enters Electric Mobility, Unveils T1 E-Two-Wheeler Ahead of November Launch

21 Oct 2026 | 6:56 PM

Hyderabad, Oct 21 (UNI) Bondada Engineering Limited, through its subsidiary Atpole Technologies Pvt Ltd, in partnership with Thuraga Motors, on Wednesday announced the unveiling of its upcoming T1 electric two-wheeler and launched a dedicated website for the product, marking the Group’s entry into electric mobility.

see more..

Stock markets remain under pressure amid selling across sectors

21 Oct 2026 | 6:48 PM

New Delhi, Oct 21 (UNI) Indian stock markets on Wednesday remained under pressure throughout the session amid selling across most sectors. Market was weighed on by elevated crude oil prices and concerns over corporate earnings.

see more..

AI IPO wave may add $50-100 Billion to India’s market cap: Goldman Sachs

21 Oct 2026 | 6:14 PM

New Delhi, October 21 (UNI) India’s artificial intelligence (AI) ecosystem could add $50 billion to $100 billion to the country’s listed market capitalisation over the next two to five years, supported by a potential surge in initial public offerings (IPOs) by privately held AI companies, according to Goldman Sachs.

see more..