Tag: ather energy
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…
Exponent Energy secures Rs 200 crore funding from 360 ONE Asset, TDK Ventures
Exponent Energy, a startup that claims to provide 15-minute rapid charging for electric vehicles (EVs), has raised Rs 200 crore ($21.1 million) in a funding…
Ather board to consider fresh fundraise on June 12
Electric two-wheeler maker Ather Energy‘s board will meet on June 12 to consider raising fresh capital, the company said in an exchange filing. The fundraising…
India to strengthen EV shield against oil imports with fresh subsidies: Report
The government is planning to double down on subsidies for electric two-wheelers as a central scheme to support clean mobility, the Mint reported on Monday,…
Electric two-wheeler makers brace for raw material price hikes, AI infra pressure
Makers of electric two-wheelers are beginning to feel the heat from rising raw material prices and supply-chain disruptions due to increasing geopolitical tensions. Companies warned…