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Used 2-wheeler startup Speedioo raises Rs 10 crore from Atomic CapitalWith the fresh capital, the company is looking to expand into a business-to-consumer (B2C) model, invest in an AI-native tech stack, and in...
Time for investors and traders to think alike? 7 Nifty Auto stocks with an upside potential of up to 19%There are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be ...
Carnival Time! Auto cos on a roll as demand stays strongIndian auto sales experienced robust double-digit growth in May, with passenger vehicles up 27% and two-wheelers by 31%. This surge, driven...
India passenger vehicle sales rise 27.3% in May to 438,854 units: SIAMIn an exhilarating turn of events, the Indian automobile market experienced an extraordinary spike in sales last month, setting new records...
Passenger vehicle dispatches rise 27.3% at 4,38,854 units in May: SIAMVehicle sales in India saw a significant jump in May. Passenger vehicle dispatches increased by 27.3 percent. Two-wheeler sales also grew b...
EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delaysElectric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months fo...
Ather Energy board approves Rs 2,500-crore fundraising planAther Energy's board has greenlit a substantial fundraising plan, aiming to secure up to Rs 2,500 crore. This significant capital infusion ...
Electric two-wheelers, private EV cars record highest registrations since 2019 in DelhiDelhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 201...
Electric passenger vehicle retail sales jump 81.2% to 26,682 units in May: FADAElectric vehicle sales in India saw a significant surge in May. Passenger vehicle retail sales jumped 81.2 percent. Tata Motors led the ele...
Ather board to consider fresh fundraise on June 12The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible...
India's electric scooter boom: Mass market adoption spreads beyond metrosElectric scooter sales are expanding beyond big cities into smaller towns and rural India. This shift signals a mass-market phase for elect...
Ola Electric raises Rs 780 crore via QIP amid market share, cash burn pressureOla Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, aiming to bolster its recovery ef...
'Hero will benefit if fuel efficiency is top of mind': Hero MotoCorp CEOHero MotoCorp reports no domestic demand slump despite global challenges. The company is aggressively expanding its operations. CEO Harshav...
Car sales sail smooth despite war woes; Auto cos log double-digit growth on Maruti, TaMo surge; two-wheeler & CVs also in fast laneIndian car sales surged significantly in May. Maruti Suzuki and Tata Motors reported robust growth. Two-wheeler sales also saw double-digit...
Maruti hits all-time monthly sales high; CNG bookings jump 40%, EV demand doublesMaruti Suzuki achieved its highest-ever monthly sales in May, driven by strong performance across all segments, including a significant sur...
HMSI sales rise 12 pc to 5.18 lakh units in MayHonda Motorcycle & Scooter India saw a strong performance in May. Total sales increased by 12 percent to 5.18 lakh units. Domestic sales gr...
Ola Electric sees 23 pc growth in monthly registrations in MayOla Electric saw a significant jump in vehicle registrations last month. May Sales increased by 23 percent compared to April. This growth o...
EV-maker Simple Energy raises Rs 250 crore, eyes IPO in FY28 second halfBengaluru-based Simple Energy has secured Rs 250 crore in funding to boost manufacturing capacity and expand its retail network. The electr...
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...
EV demand charges ahead but supply runs lowIndia's electric car and two-wheeler demand has nearly doubled. High fuel prices are driving consumers to switch. This surge has created a ...