Tag: ather energy
Simple Energy targets 20% of EV market, plans 10,000-12,000 monthly output
Electric two-wheeler maker Simple Energy is targeting 20% market share within the next two years as it makes an aggressive push into the mass market…
Hero MotoCorp doubles down on Ather with Rs 1,758 crore investment
Hero MotoCorp is doubling down on its investment in the electric two-wheeler maker Ather Energy, picking up an additional 3% stake for Rs 1,758 crore…
E-bike maker Ultraviolette in talks to raise $45-50 million: Sources
Electric motorcycle maker Ultraviolette is in talks to raise $45-50 million from existing investors including Speciale Invest and TDK Ventures as part of its ongoing…
Bengaluru-based chip company Level Five Cartronics seeks OSAT partners in India
Bengaluru-based fabless semiconductor company Level Five Cartronics (LFC) that has secured design wins for chips used in the Indian Railways’ Kavach train-protection system, is planning…
Ola Electric loss narrows to Rs 336 crore, revenue down 45%
Electric two-wheeler maker Ola Electric reported a narrower net loss of Rs 336 crore in the June quarter, from Rs 428 crore a year ago,…
Ather Energy rolls out pothole alert feature to its Gen 2, above electric scooters
Electric two-wheeler maker Ather Energy on Wednesday announced the rollout of a pothole alert feature for its customers with Gen 2 and above scooters. The…
Ather Energy raises Rs 1,300 crore via QIP, allots shares at Rs 1,202 apiece
Electric two-wheeler maker Ather Energy Limited has closed a qualified institutional placement (QIP), raising approximately Rs 1,300 crore by allotting 1,08,15,307 equity shares to eligible…
E2W sales climb 19% in June to 1.81 lakh units
Electric two-wheeler sales in June grew 19% month-on-month (MoM) to around 1.81 lakh units from 1.51 lakh units in May, according to Vahan vehicle registration…
VCs pivot to EV infra & energy storage in new $65 million funding wave
A clutch of early-stage battery-tech and energy transition startups are back in the market, looking to collectively raise close to $65 million, pointing to early…
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins end
Top global investors, including SoftBank and KKR, have sold shares worth nearly Rs 18,000 crore in new-age companies, such as Groww and Lenskart, that went…