MHI subsidy U-turns may slow EV adoption: Industry groupStartups are being “punished,” with four of the top EV producers since 2018- 2020 being now relegated to the bottom four, the Society of Ma...
15 Jun, 2023, 11.23 PM IST
Revolt Motors plans second EV manufacturing unit owing to robust demand, reveals Anjali RattanRevolt in January this year became a wholly owned subsidiary of RattanIndia, which bought out the stake held by Micromax cofounder Rahul Sh...
01 Mar, 2023, 12.40 PM IST
RattanIndia buys out electric vehicle maker Revolt MotorsThe acquisition comes at a time when Revolt is under scrutiny by the government for allegedly not complying with rules on mandatory local s...
07 Oct, 2022, 09.01 PM IST
Government sends notices to EV makers Hero Electric, Okinawa on FAME-II subsidy sopsMicromax co-founder Rahul Sharma's Revolt Motors and Coimbatore-based electric vehicle manufacturer, Ampere Vehicle, have also received the...
07 Oct, 2022, 08.41 AM IST
Charged up: PEs & VCs pump big money into electric vehiclesInvestment activity in the EV space jumped after Japan’s SoftBank Vision Fund said in 2019 that it would invest $265 million in Ola Electri...
01 Aug, 2021, 08.07 AM IST
RattanIndia to acquire 43% stake in Revolt for Rs 150 croreThe electric vehicles (EV) maker meanwhile will get much-needed capital to ramp up production and expand sales to more geographies after di...
28 Apr, 2021, 08.07 PM IST
Revolt Motors looks to raise $100 million in equity capitalAccording to Rahul Sharma, founder of Revolt, the company has invested Rs 400-500 crore in product development and to set up its manufactur...
28 Aug, 2020, 09.36 PM IST
Domestic phone-maker Lava to raise $90 million from US fund, to invest in R&DGEM group will make the investment over the next 36 months for through a 'Share Subscription Facility' which will allow the company to sell...
25 Feb, 2020, 11.38 PM IST
Even battery makers, mobile importers making EVs now: Rajiv BajajIn a tussle to cater to needs of the gigantic Indian middle class, companies like Hero MotoCorp, Micromax and Bajaj Auto are manufacturing ...
17 Oct, 2019, 06.59 AM IST
PEs exit Micromax via buyback, valuation crashes 93% in 4 yearsPE players are selling 6.9% in the company for Rs 93.65 crore to the promoters, whose holding will increase to more than 85%, Micromax said...
29 Aug, 2019, 07.59 AM IST
With Revolt, Micromax co-founder Rahul Sharma set to disrupt electric two-wheelerThe fully-electric motorcycles come with features like mobile app connectivity and removable batteries.
28 Aug, 2019, 04.12 PM IST
Is India's automotive industry ready for an EV makeover?India's hurried, state-mandated switch to e-cars is sowing chaos in the auto sector that employs millions.
01 Jul, 2019, 05.10 PM IST
New-age entrepreneurs back govt’s EV plan; old peers oppose itThe support for the move from new-age entrepreneurs have come at a time when veterans have criticised it.
19 Jun, 2019, 01.05 PM IST
Micromax’s Sharma gears up to jump on to EV bandwagonThe businessman, who has been studying the electric mobility space for the few years, has invested Rs 500 crore of his personal wealth in R...
05 Apr, 2019, 11.11 AM IST
Micromax co-founder Rahul Sharma forays into electric two-wheeler segmentSharma, who is transitioning from mobiles to mobility, has set up Revolt Intellicorp Pvt Ltd.
04 Apr, 2019, 05.06 PM IST
Micromax plans an electric vehicle trip as mobile battle gets fiercerThe company is keen on entering two and three-wheeler electric vehicles and battery space
23 Apr, 2018, 09.18 AM IST
CCI clears Micromax-Madison India deal, 3 others get go-aheadIn a tweet, the watchdog said it has approved "acquisition of equity stake in Micromax Informatics Limited by Madison India Opportunities T...
27 Dec, 2016, 06.09 PM IST