Lack of clarity over the extension of the FAME subsidy scheme, delayed subsidy disbursement and the prospects of a drawn-out investigation ...

If the deal takes place at this valuation, it will become the most valuable two-wheeler EV company in the country. The current market value...

After the first year, the company aims to push up annual sales to about 50,000 units, as deliveries start to export markets such as Europe ...

The funds from Lingrotto and from Qualcomm will be deployed towards ramping up the company’s presence in India, subsequent expansion in int...

The investment from Exor will be utilised in expanding the company's footprint pan-India, ramping up sales of the electric bike in the dome...

Ola Electric is said to use the funding to ramp up its plans for bringing out newer electric scooters, expand its charging infrastructure a...

TVS Motor has made fresh investment in the electric bike maker Ultraviolette Automotive. Zoho Corporation has joined along with TVS Motor i...

Ultraviolette Automotive had unveiled its high-performance electric motorcycle F77 in November last year.

To encourage EV purchases, the draft policy also suggests waiving road tax – again with a 5-year validity period – for those who buy electr...

The Centre wants to support mass adoption of ecofriendly rides to tackle the toxic haze of air pollution over cities and towns.