Ahmedabad, February 28, 2026 – In a significant development for India’s growing electric mobility sector, A-1 Sureja Industries, an associate company of the BSE-listed A-1 Ltd (BSE: 542012), announced on Thursday that it has secured two confirmed purchase orders for over 1,400 low-speed electric two-wheelers. This move strengthens its order book and highlights increasing demand for affordable, sustainable transportation options in the country.
Operating under the brand “Yellow EV”, A-1 Sureja Industries focuses on low-speed electric two-wheelers designed for urban and semi-urban use, emphasizing cost-effectiveness and reliability. The company follows a partner- and franchise-led expansion model to build a scalable assembly and distribution network across India.
The first order, for 525 low-speed electric motorcycles, comes from Zipnova Enterprise LLP based in Ahmedabad, Gujarat. The second, larger order for 900 units, was awarded by Aayushman Engineering in Noida, Uttar Pradesh. Both orders were received in January 2026, reflecting early market traction for Yellow EV’s offerings in the affordable EV segment.
This announcement aligns with broader efforts by A-1 Ltd to diversify beyond its core chemicals business (previously known as A-1 Acid Limited) into electric mobility. Founded in 1975 and headquartered in Ahmedabad, A-1 Ltd has transitioned strategically, including increasing its stake in A-1 Sureja Industries from 45% to a controlling 51% (making it a subsidiary) at an enterprise value of Rs. 100 crore, as approved in earlier board decisions. Recent corporate actions, such as a 3:1 bonus issue and 10:1 stock split, have also supported shareholder value amid this pivot.
To enhance operational efficiency, customer onboarding, service coordination, and overall user experience, A-1 Sureja Industries launched the “Yellow EV” mobile application on the Google Play Store. Initially released in October 2025, the app became fully available to stakeholders from February 20, 2026, following updates. It supports streamlined workflows, faster scaling, and better engagement in the electric two-wheeler ecosystem.
These developments underscore the growing acceptance of low-speed electric vehicles in India, driven by government incentives for green transport, rising fuel costs, and environmental awareness. A-1 Sureja Industries positions itself to capitalize on this trend through product execution, partner-led growth, and digital tools.
Industry observers note that such confirmed orders provide visibility into demand and execution capability, potentially positioning A-1 Ltd’s EV initiative as a key growth driver.
The company’s shares have shown positive momentum following related announcements, reflecting investor interest in its diversification strategy.As India accelerates its transition to sustainable mobility, initiatives like Yellow EV contribute to the “Made in India, Made for India” ethos, promoting local manufacturing and accessible electric vehicles for the masses.(Word count: approx. 520. This article is based on recent regulatory filings and business updates from A-1 Ltd and associated reports.)
