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OKINAWA SCOOTERS FUNDING
‘Patriotic Kenny’ Dies: US Navy veteran to social media star, all you need to know about the 84-year-old influencerSocial media star and U.S. Navy veteran Kenny Jary, known as "Patriotic Kenny," has died at 84 after a battle with stage 4 lung cancer. He ...- Cost of FAME 3: Meet local sourcing norms or face penaltyCompanies certifying vehicles for subsidies under FAME 3 - scheduled to be announced in the upcoming budget - will have to undergo a techno...
- India demands e-scooter makers return $60 million aid for using China partsSeveral electric scooter startups in India are facing challenges and losing investor interest due to their reliance on Chinese parts instea...
- Ather Energy, Ola Electric see lukewarm response from investors: ReportDespite gaining significant market shares, Indian electric two-wheeler (E2W) market leaders like Ola Electric and Ather Energy are witnessi...
- India's electric 2-wheeler registrations zoom 148% in MayOla Electric retained its top spot with the highest registrations at 28,438 units in May 2023; commanding 27.1% market share, followed by T...
- Okinawa in talks to raise $100 million for third manufacturing plantManaging director Jeetender Sharma said the funds will be deployed to commission its third manufacturing facility, which will have a total ...
- Electric two-wheeler monthly sales drop 23% in April; Ola Electric clocks marginal riseAccording to industry experts, the fall was due to the government's delay in disbursal of the FAME-II subsidy as multiple companies have co...
- Ather Energy raises $50 million in funding as it ramps up electric scooter productionThe company has been valued at $700-800 million after the round, sources aware of the development said.
- Ather Energy sees five times jump in revenues for FY22Ather sold 23,408 units of electric scooters in FY22, a 4.2 times jump from 5,523 units sold in FY 21, according to the company’s financial...
- Fintech firms want six-month extension from RBI; Ola’s EV sales slumpAfter another meeting on Thursday, the industry has decided to seek a six-month extension from the RBI. One fintech founder told us investo...
- Ather bags $128M amid EV gloom; SoftBank to slash investments, says Masayoshi SonElectric scooter maker Ather Energy said it has raised $128 million in funding even as its rivals struggle to contain the fallout from a sp...
- Ather Energy raises $128 million led by Indian government’s sovereign fund, Hero MotoCorpTarun Mehta, cofounder and CEO of Ather Energy, said that the funding will be used to expand its manufacturing facilities, invest in resear...
- Amazon gets social (again); Razorpay’s $80-100 million secondary share saleThis is the first inorganic bet that Amazon is taking on the social commerce space where sellers use platforms like Whatsapp and Facebook t...
- HCL profit jumps 226% yoy in Q4; HealthifyMe eyes IPODays after its larger rivals TCS and Infosys announced their results for the Jan-March quarter, HCL Tech posted a consolidated net profit o...
- Ola pilots 10-min food delivery, CEO Bhavish Aggarwal says will focus on future projectsOla has begun offering select dishes in some parts of Bengaluru within 10 minutes through its quick commerce arm Ola Dash. Items on the men...
- As fire spreads, EV makers rush to douse flamesMultiple EV industry executives that ET spoke with underscored the need to find the cause and address it. They also advocated intensive con...
- Okinawa Scooters in talks to raise Rs 150 crore in equity fundingOkinawa Scooters, which has a new manufacturing plant in the works, is in talks with Zomato, Swiggy, Domino’s, Pizza Hut, etc., to supply t...
- EV startups crank up efforts as nation turns electricThe Centre wants to support mass adoption of ecofriendly rides to tackle the toxic haze of air pollution over cities and towns.
- Electric bike co Okinawa to set up Rs 200 crore plant in RajasthanThe company has acquired land near Bhiwadi for the new plant, which will have a total manufacturing capacity of one million units.
- In the two-wheeler sharing market, electric scooters are getting hotBike-sharing is seen as the best solution to solving the last-mile connectivity gap associated with public transport.
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