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ELECTRIC TWO WHEELER
Exponent Energy raises Rs 200 crore led by 360 ONE Asset, TDK VenturesExponent Energy, an EV charging startup, has secured Rs 200 crore in a funding round co-led by 360 ONE Asset and TDK Ventures. The company ...
Electric passenger vehicle retail sales jump 81.2% to 26,682 units in May: FADAElectric vehicle sales in India saw a significant surge in May. Passenger vehicle retail sales jumped 81.2 percent. Tata Motors led the ele...
Ather board to consider fresh fundraise on June 12The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible...
Vehicle retail sales jump 10% in May to 2.53 million units on rural demandVehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...
Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
India's electric scooter boom: Mass market adoption spreads beyond metrosElectric scooter sales are expanding beyond big cities into smaller towns and rural India. This shift signals a mass-market phase for elect...
Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
Ola Electric raises Rs 780 crore via QIP amid market share, cash burn pressureOla Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, aiming to bolster its recovery ef...
India to soon unveil incentives for lithium, nickel processing with around Rs 3,000 crore outlay, sources sayIndia's Ministry of Mines is preparing to introduce a new policy. This policy will offer incentives for processing lithium and nickel. The ...
'Hero will benefit if fuel efficiency is top of mind': Hero MotoCorp CEOHero MotoCorp reports no domestic demand slump despite global challenges. The company is aggressively expanding its operations. CEO Harshav...
Ola Electric launches QIP, sets floor price at Rs 37.74Ola Electric has launched a qualified institutional placement (QIP) with a floor price of Rs 37.74 per share to raise funds amidst challeng...
Ola Electric opens QIP, sets floor price at Rs 37.74/shareOla Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of ₹37.74 per equity share. This fund...
Ola Electric sees 23 pc growth in monthly registrations in MayOla Electric saw a significant jump in vehicle registrations last month. May Sales increased by 23 percent compared to April. This growth o...
Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
EV-maker Simple Energy raises Rs 250 crore, eyes IPO in FY28 second halfBengaluru-based Simple Energy has secured Rs 250 crore in funding to boost manufacturing capacity and expand its retail network. The electr...
India's electric scooter market regains charge after April slowdownIndia's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major pl...
EV demand charges ahead but supply runs lowIndia's electric car and two-wheeler demand has nearly doubled. High fuel prices are driving consumers to switch. This surge has created a ...
Ola Electric eyes commercial EV launch for gig workers amid quick commerce boomSources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters.
Ola Electric secures approval for commercial e-scooter launchOla Electric has received government approval for a new electric scooter designed for commercial use. This move signals Ola Electric's pote...
India to strengthen EV shield against oil imports with fresh subsidies: ReportThe government is set to significantly boost subsidies for electric two-wheelers. This move under the PM E-Drive scheme aims to promote cle...