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Payments body seeks MDR return; Turkey opposition X-ed outThe Payments Council of India has sought the return of a merchant discount rate (MDR) for large merchants. This and more in today’s ETtech ...
Budget 2024: From FAME extension to tax cut, what EV sector expects from FM SitharamanWhile 2023 was an encouraging year for EVs in terms of sales volume, industry stakeholders expect the government to give the segment a boos...
Rapido launches cab services in three citiesThe company aims to expand across India by the middle of next year, said Pavan Guntupalli, cofounder of Rapido.
eBikeGo seeks USD 20 mn in funding for tech upgrade, expansionKiran detailed the company’s ambitious plans to introduce new premium electric scooters, motorcycles, and bicycles, alongside setting up ad...
EV scooter makers deposit customer refunds; IT firms see dip in hiringFour e-scooter makers have deposited part of the over Rs 300 crore they have to refund to buyers for mispricing their ebikes to avail of su...
Tesla’s China exports in crosshairs of EU anti-subsidy probeTesla is under investigation in the European Union's anti-subsidy probe into electric vehicles (EVs) from China. The investigation aims to ...
DE(FAME)D: How the subsidy fiasco is short circuiting the FAME II policyThe government's decision to withhold subsidies, threats of retrospective penalties on close to a dozen “erring” companies have also expose...
Rs 15,000 cr scam, lakhs of investors: How a woman entrepreneur became the most wantedThe Bike Bot scheme promised large returns to customers on their investment in motorcycles that were supposed to be used as two-wheeler tax...
ADIA, Goldman Sachs, Carlyle eye TVS Motors' EV arm with $300 mn-$350mn chequeIf the deal takes place at this valuation, it will become the most valuable two-wheeler EV company in the country. The current market value...
Ultraviolette Automotive raises undisclosed amount in fundingThe investment from Exor will be utilised in expanding the company's footprint pan-India, ramping up sales of the electric bike in the dome...
Startup eBikeGo completes USD 5 million fund infusionDuring March-April this year, eBikeGo recently secured USD 3.5-million from Kuwaiti investor Sivaram Juvva and his company Al Tebah as well...
Stocks in the news: Infosys, Hariom Pipe, Tata Steel, Shriram City and TVS MotorsInfosys and Lesha Industries will announce their March quarter results today.
Popularity of e-bikes isn’t slowing downGrowth in sales of e-bikes does not seem to be slowing. Deloitte projected that between 2020 and 2023, 130 million e-bikes would be sold wo...
Energy Efficiency Services Ltd to invest in Thailand's e-mobility player SWAGBy using e-bikes with swappable batteries, most of which will be charged by solar power, they can drive the transformation to healthier cit...
Desi startups ride on China for ‘Make-in-India’ e-bikesExperts believe that unlike traditional petrol automobile products that need high-tech engineering for designing engines and transmission s...
Two-wheeler rental startup eBikeGO plan pre-series funding to expand fleetThe company's founder believes that economical cost of delivering at 20 paise per kilometer with a loading capacity of 150 kg, offers great...
This startup may hold the key to Harley-Davidson’s electric futureHarley didn’t say it would make e-bikes from scratch. So it was interesting to note which company would help usher it into the new millenni...