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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 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...
- Ather Energy shares can rally till Rs 1,450, says CLSA, citing twin engineCLSA sees nearly 60% upside in Ather Energy, initiating coverage with an “Outperform” rating and a Rs 1,450 target. The brokerage cites a “...
- TVS Orbiter launched at Rs 99,900: Here's range, features & specificationsTVS Motor Company has launched the TVS Orbiter, its new entry-level electric scooter, priced at Rs 99,900 (ex-showroom). Bookings are now o...
- Hero Moto loses top spot, TVS is secondTVS Motor Co has overtaken Hero MotoCorp in the Indian two-wheeler market for the first time, securing the third position with 403,976 unit...
- Ola Electric's dominance fades as Indian e-scooter battle intensifiesOla Electric, India's leading electric scooter maker, recorded its lowest monthly sales in September. The company sold 23,965 vehicles, lea...
- Ola Electric to launch $734 million IPO, investors eye bids at lower valuationOla Electric targeted a $734 million raise in India's largest domestic IPO this year, with a $4 billion valuation. The IPO will issue new s...
- India must keep e-scooter subsidies to boost adoption, Ather CEO saysIndia's e-scooter market is small but growing, accounting for 5% of total two-wheeler sales in fiscal 2023-2024. Ather was one of the first...
- Gogoro to make e-scooter bikes in India, rolls out battery swap networkGogoro has already committed to investing $1.5 billion in western Maharashtra state including in a factory where it will build its CrossOve...
- TVS Motor plans to expand electric two-wheeler range over next year"We are also planning to launch a series of products in the range of 5 to 25 kilowatts in the next year," TVS Motor Company Director and CE...
- TVS Motor Company launches another electric two-wheeler, TVS X in DubaiTVS Motor Company unveiled its flagship electric two-wheeler, simply called TVS X, at an event in Dubai on August 23. Customers can pre-boo...
- TVS expects 50% of its sales to come from overseas markets in 3 yearsTVS Motor currently has a presence in 80 countries and draws 35% of its revenues from overseas markets. As part of its globalisation push, ...
- TVS teases upcoming electric scooter Creon, likely to be launched on August 23TVS has shared a teaser of its upcoming electric scooter, the Creon, which is expected to rival Ather 450X, Simple One and Ola S1 Pro. The ...
- IPO-bound Ola Electric recorded $136 million loss in FY23The 2022/23 loss number of SoftBank-backed Ola Electric, which is preparing for an up to $700 million IPO, has not previously been reported...
- Ola Electric targeting $1.5 billion sales this year, pre-subsidy cut document showsThe $1.5 billion revenue target compares with a result of $335 million for the past financial year, two people briefed on the matter said, ...
- Hero MotoCorp announces sale of Vida V1 electric scooter on e-commerce website FlipkartCurrently, the Vida V1 e-scooter is only available for physical purchase in three Indian cities, Bangalore, Jaipur, and Delhi. The e-scoote...
- Batt:RE unveils new e-scooter model Stor:ieStor:ie has a host of new features such as metal panels, connected drive, among others, it said, adding that the e-scooter is eligible for ...
- Ola's EV entry gives spark to price warAther Energy, Okinawa and Simple Energy and traditional two-wheeler makers such as TVS Motor, Hero Electric and Bajaj Auto are retailing el...
- Ola's entry triggers price war in electric two-wheeler spaceRide-hailing firm Ola's entry into the electric two-wheeler space has triggered a price war in the segment.
- TVS Motor enters Europe's e-bike market, acquires Swiss company EGO MovementTVS Motor picked up 80% stake in EGO for $17.9 million with an eye on generating over $100-150 million dollars in the next three to five ye...
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