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MICROMOBILITY
Remsons Industries acquires majority stake in electric 3-wheeler company Astro MotorsThe deal, worth Rs 14.22 crore, involves both equity and cash. Astro Motors develops and manufactures electric three-wheelers for cargo, lo...- Wheels of Change: Stellantis explores possibility of entering the fast-growing micro-mobility segmentStellantis, the owner of brands like Fiat and Jeep, is exploring the possibility of sourcing small electric vehicles from Indian manufactur...
- Hyundai Motor exploring partnership with TVS for last-mile mobility solutionsHyundai Motor Company is exploring a partnership with TVS Motor Company to develop advanced electric three-wheelers and micro four-wheelers...
- Servotech Power in pact with LESSzwei GmbH for solar-powered EV charging network in GermanyServotech Power Systems partnered with LESS2 to deploy solar-powered EV charging stations in Germany. The project, backed by the German gov...
- Micromobility company Lime reports first profitable year, mulls IPOFounded in 2017, Lime runs electric scooters, electric bikes and electric mopeds in various cities around the world.
- Yulu Bikes, Bajaj Auto to unveil third gen E-bike by year-endAmit Gupta, co-founder and CEO, Yulu Bikes told ET, "The potential for growing micro-mobility services in India is massive. As much as 85% ...
- 38 people injured in New York fire caused by faulty battery, say officialsAmong the 38 injured people and two were in critical condition, according to fire officials.
- Yulu promises to invest Rs 1200 cr in Karnataka, will deploy 1 lakh EVsThe MoU, which was signed on Wednesday at the "Invest Karnataka Global Investors Meet" in Bengaluru, involves investments to be made in pro...
- Magna invests $77 million in India's EV startup Yulu to enter micromobility marketMicromobility, which facilitates transportation over short distances through light weight vehicles such as electric scooters and bikes, has...
- Electric cycles brand Hero Lectro to cut prices of products in DelhiAs a direct benefit of the inclusion of e-cycles in the Delhi EV policy, eligible Hero Lectro variants (C6, C8i, F6i and C5) will see an ef...
- Dilon ka shooterTo get operations right, companies must also determine the best location for centralised warehouses where vehicles can be serviced and stor...
- KRUX Studio reveals micro-mobility vehicle concept Two2The concept Two2 is designed and built with 20% upcycled parts. KRUX Studio has designed a tubular frame for the concept to make manufactur...
- Oye Rickshaw plans to deploy over one lakh e-rickshaws this year, expand ops to 25 new citiesOye Rickshaw is set to launch its operations in 25 new cities along with deploying 100,000 commercial EVs by 2022 to achieve the annual rev...
- Uber launches 500 e-rickshaws in Kolkata to make urban commutes more sustainableRiders will be able to book the micromobility product on the Uber app from Thursday.
- Uber adds e-rickshaws to platform, deploys 100 such vehicles in DelhiRiders will be able to book the micromobility product on the Uber app from Tuesday.
- Uber leads $170 million investment in bike-sharing startup LimeThe two firms previously had an agreement allowing users to find and rent bikes and scooters with either of the applications.
- Ola targets 1 million bike partners by next yearA recent in-house survey revealed that six out of 10 Ola bike partners also work for food delivery networks, helping increase their income ...
- Stellaris, Fosun and others fund Lithius Energy“Making shared mobility work reliably at scale, while keeping it affordable and convenient, is a massive technology problem. We spent many ...
- Ola redefines two-wheeler mobility with new ‘Ola Bike’ campaignThe campaign is designed to strengthen Ola Bike’s core proposition of agility, convenience and accessibility.
- Zoomcar hires former Goldman Sachs exec Hemanth AluruIn his new role, Aluru will be leading the strategic financing and partnerships for Zoomcar, in addition to corporate strategy and driving ...
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