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ELECTRIC TWO WHEELERS
Centre extends e2w subsidies under PM E-DRIVE till March 2028, boosts outlay to Rs 11,900 croreGovernment subsidies for electric two-wheelers will continue until March 2028. The PM E-DRIVE scheme now has an additional ₹1,000 crore all...
Electric two wheeler subsidies extended till March 2028Electric two-wheeler subsidies are extended by the government until March 2028. An incentive of up to Rs 5,000 per vehicle will continue un...
PM E-DRIVE scheme to run till Mar 31, 2028; electric two-wheeler incentive capped at Rs 5,000In a strategic move to encourage electric vehicle usage, the government has prolonged the PM E-DRIVE Scheme until March 2028, though incent...
Ola Electric auditor flags Rs 57 crore PLI penalty reversal in Q1 resultsOla Electric's auditor raised concerns regarding the reversal of a Rs 57 crore penalty related to missed investment milestones under PLI wi...
Auto correct: How electrification is rewiring the humble autorickshaw in more ways than oneElectric three-wheelers are reshaping India's last-mile mobility sector. Lower running costs and reduced maintenance are driving this signi...
Dhoot Transmission raises Rs 918 crore from 72 anchor investors ahead of Rs 3,067-crore IPODhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO, with domestic mutual funds accounting ...
Ola Electric's Q1 revenue drops 45% YoY but loss narrows to Rs 336 croreOla Electric faced a significant downturn in its June quarter operations, reporting a steep forty-five percent decline in revenue compared ...
Ola Electric loss narrows to Rs 336 crore, revenue down 45%The Bhavish Aggarwal-led company reported revenue from operations of Rs 455 crore for the June quarter, down from Rs 828 crore a year earli...
ETtech Deals Digest: River, Sarvam rounds lift startup funding to $314 million this weekEarly-stage deals accounted for 58.4% of the capital raised during the week, while late-stage rounds made up 37%. Seed stage startups compr...
Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoYOla Electric reported a narrower Q1 loss of Rs 336 crore as deliveries nearly doubled sequentially and revenue rebounded 72% from Q4. Impro...
EV retail sales break record at 3,27,901 units in July: FADAIndia's electric vehicle retail sales hit a record 3,27,901 units in July. This represents a significant 66 percent year-over-year growth f...
July auto retail sales hit record high on rising rural demandVehicle registrations saw a significant 26% year-on-year increase in July. This performance marked the best-ever July for all vehicle segme...
Auto sales hit record 2.59 million units in July, rise 26% year-on-yearJuly saw vehicle registrations hit an all-time high, fueled by strong consumer demand after the GST cuts. Sales of two-wheelers climbed by ...
Mutual funds increase stake in Ather Energy for 5th straight quarter. Bigger rally brewing?Domestic institutional investors have steadily increased their Ather Energy stake for five quarters. Ather Energy's production facilities o...
Electric scooter startup River Mobility raises $120 million to deepen premium playThe fresh capital will be used to expand River Mobility’s manufacturing capacity, set up a new greenfield factory and launch new products, ...
Ather Energy share price target goes up to Rs 1,714. What are CLSA, Nomura, and HSBC saying?Ather Energy shares surged up to 18% after the electric two-wheeler maker reported a sharp improvement in its June-quarter performance, pro...
EV maker Ather Energy nearly doubles revenues, cuts losses by 71%Ather Energy's revenue nearly doubled to Rs 1,217 crore in the June quarter. Net losses narrowed significantly to Rs 51 crore, showing impr...
Delhi EV registrations hit 2026 high in July after new policyElectric vehicle registrations in Delhi reached a new high of 10,719 units in July. This surge followed the notification of the Delhi gover...
India's EV sales hit record high as e-2W cross 2 lakh markIndia’s electric vehicle market reached a record in July, with registrations rising over 66% year-on-year to around 3.3 lakh units, driven ...
TVS Motor EV sales jump 158% to record high in July as pricey fuel drives demandTVS Motor Company saw electric two-wheeler sales jump 158 percent year-on-year in July. Overall sales increased 38 percent, reaching the hi...