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HERO MOTOCORP ATHER
Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
India's electric scooter market regains charge after April slowdownIndia's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major pl...
Ola Electric infuses Rs 2000 crore in EV and cell manufacturingOla Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and...
Iran war effect: Leading EV two-wheeler makers accelerate expansion amid petrol price worriesMajor electric scooter companies are rapidly increasing production capacity. This expansion aims to meet a surge in demand for eco-friendly...
Samir Arora-backed Helios Flexi Cap Fund increases stake in Tata Motors, Eternal, Paytm, 8 others in AprilHelios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm during April. The fund also increased...
Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
Electric two-wheeler makers brace for raw material price hikes, AI infra pressureElectric two-wheeler manufacturers are facing significant margin pressure and potential price hikes due to soaring raw material costs and s...
Global headwinds put electric bike companies on price hike pathElectric two-wheeler companies are feeling the pinch. Rising raw material prices and supply chain issues are impacting profits. Companies l...
Ather Energy quarterly revenue goes past Rs 1,000 crore in Q4, riding on family scooter RiztaAther Energy achieved its best financial year in FY26. The electric two-wheeler maker sold 2.63 lakh units, a 69% jump. Revenue grew 63% to...
Two-wheeler EV sales drop in April after March peak; Ola Electric's market share improvesIndia's electric two-wheeler market experienced a significant 22% dip in April registrations, falling to 1.48 lakh units after a March peak...
EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantageElectric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its string...
Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
ICRA cuts Ola Electric's rating as competition, poor brand perception hit performanceOla Electric Technologies faces a downgrade from ICRA due to declining sales, persistent losses, and delayed profitability. Despite efforts...
Ather Energy shares rally 8% while Eicher Motors, Hero MotoCorp shares drop up to 4%. Here's whyDelhi's draft EV Policy 2026-2030 aims to boost electric two-wheeler registrations from FY29, offering significant subsidies and tax exempt...
Hero MotoCorp increases stake in Ather, buys additional shares worth Rs 140 croreIn September, the electric scooter maker had raised Rs 900 crore in fresh funding from Hero MotoCorp and GIC. Prior to that, Hero had parti...
Electric scooter startup Ather secures Rs 550 crore in funding from Hero MotoCorpThe Bengaluru-based firm was last valued at $739 million during a $50 million fundraise in October last year, as per Tracxn.
Hero MotoCorp lines up Rs 420 crore fresh investment in Ather EnergyHero MotoCorp is an early investor in Ather Energy and has been a part of its growth story since 2016. The company is also exploring collab...