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TWO WHEELER MOBILITY MARKET
Uber takes bike taxis to 100 more cities in India as Rapido rivalry intensifiesThe expansion, spread across 18 states and one Union territory, will initially be driven by Uber Bike, the company’s two-wheeler offering. ...- 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...
- Indofast, GLIDA to set up 100+ battery-swapping stations across IndiaIndofast Energy and GLIDA will co-locate battery swapping stations at charging sites. They aim to establish fifty sites with over one hundr...
- Dhoot Transmission IPO Day 1: Issue subscribed 44% so far; GMP signals 30% listing gain. Should you subscribe?The IPO comprises a fresh issue of 1.61 crore equity shares worth Rs 1,400 crore, along with an Offer for Sale (OFS) of 1.91 crore shares a...
- Vijay Kedia-backed Atul Auto shares fall 9% despite nearly 4x YoY surge in Q1 profitVijay Kedia-backed Atul Auto shares fell 9% despite a nearly four-fold year-on-year jump in Q1 FY27 net profit. Revenue rose 43%, supported...
- 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...
- 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...
- Hero MotoCorp shares jump 3% as Q1 profit rises 29% YoY, beats estimates. What's ahead?Hero MotoCorp shares jumped over 3% to Rs 5,739 following strong Q1 FY27 results. The two-wheeler giant reported a 29% YoY rise in standalo...
- Scrutiny isn't suspicion: India accelerates flex-fuel vehicle push as ethanol blending surpasses targetsIndia has quietly advanced flex-fuel vehicle adoption and E85 fuel sales. Ethanol blending has significantly increased, exceeding initial t...
- 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...
- Hero MotoCorp Q1 profit jumps 29%, revenue surges 36%Hero MotoCorp posted a 29% net profit increase for the first quarter. Revenue from operations rose 36% to Rs 12,999 crore during the period...
- 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 ...
- 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, ...
- Dhoot Transmission sets IPO price band at Rs 829-871; issue to open on Aug 10Dhoot Transmission Ltd. will launch its Rs 3,066.89-crore IPO on August 10, 2026. The company plans to use IPO proceeds for debt repayment ...
- Greaves Electric Mobility’s Rs 530 crore rights issue offer gets fully subscribedGreaves Electric Mobility's Rs 530 crore rights issue was fully subscribed by existing shareholders, reinforcing confidence in the EV maker...
- 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...
- Hero MotoCorp July sales up 18.6% at 5,33,416 unitsHero MotoCorp saw total sales increase by 18.6 percent in July 2026. Domestic sales rose 21.6 percent, reaching 501,403 units last month. M...
- Mahindra Last Mile raises ₹322 crore at unicorn valuationMahindra Last Mile Mobility has achieved unicorn status after a substantial funding round. This investment solidifies their leadership in I...
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