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AMO MOBILITY FUNDING
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...
09 Oct, 2023, 08.03 PM IST
Seven electric two-wheeler firms suffered over Rs 9,000 crore loss after Centre stopped subsidies, says SMEVSeven electric two-wheeler companies in India have collectively lost over Rs 9,000 crore ($1.2bn) in unpaid dues and market loss after thei...
09 Aug, 2023, 07.37 PM IST
Return subsidy or face legal action, govt tells EV makers; Bob Iger spell yet to work at DisneyThe government sent recovery notices totalling Rs 469 crore earlier this fiscal year to seven companies — Hero Electric, Okinawa Autotech, ...
17 Jul, 2023, 07.10 PM IST
India withdraws data privacy bill; Uber sells Zomato stake for $392MOn Wednesday, IT minister Ashwini Vaishnaw withdrew the contentious data privacy bill and said the government was working on a new one
07 Sep, 2022, 01.09 PM IST
AMO Mobility plans to raise around $200 million in three years to fund expansionThe funds will be utilised for various business activities, including enhancing production capacity and new product development, AMO Mobili...
10 Oct, 2021, 01.38 PM IST
AMO Mobility plans to raise around USD 200 mn in 3 yrs to fund expansionThe fundraising is for investment, company founder Sushant Kumar said, adding that the company is "looking to invest at least 40 per cent o...
10 Oct, 2021, 11.31 AM IST