A-1 share price was locked at 5% upper circuit on Thursday, February 26, following the company’s announcement that A-1 Sureja Industries (an associate of the firm and part of its electric mobility efforts) is advancing its electric mobility initiative under the “Yellow EV” brand, aiming to develop a scalable ecosystem for electric two-wheelers via product implementation, partner-driven growth, and digital support.
The company provided important updates concerning its electric vehicle initiative and digital growth. Its partner has finalized two purchase orders for over 1,400 low-speed electric two-wheelers set for January 2026, showcasing initial market interest and enhancing visibility for the EV operations.
On the digital side, the firm has launched a mobile application named “Yellow EV” on the Google Play Store to facilitate customer onboarding and streamline operational processes. Initially released on October 13, 2025, the app has been updated and is now accessible to all stakeholders as of February 20, 2026, allowing for quicker scaling, improved service coordination, and a better user experience.
Moreover, the subsidiary is implementing a scalable expansion strategy that aligns with the “Made in India, Made for India” initiative, emphasizing accessible and dependable electric mobility via a well-structured partner and franchise-driven approach, as well as plans for assembly and distribution growth contingent on economic viability.
