Tag: bajaj auto
Yulu, Bounce seek funds as gig-EV rentals zoom
Electric mobility startups Yulu and Bounce Infinity are in talks to raise $50 million and $20-25 million, respectively, to expand their electric vehicle (EV) rental…
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,…
Auto PLI disbursals to reach Rs 4,000 crore in FY27
New Delhi: The government expects to disburse about ₹4,000 crore this fiscal year under the production-linked incentive scheme for automobile and auto components (Auto-PLI). These…
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…
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…
Ather Energy quarterly revenue goes past Rs 1,000 crore in Q4, riding on family scooter Rizta
Electric two-wheeler manufacturer Ather Energy on Monday reported its strongest annual performance in FY26, with a bigger market share and improved unit economics. The Bengaluru-based…
ICRA cuts Ola Electric’s rating as competition, poor brand perception hit performance
EV manufacturer Ola Electric Technologies has been downgraded by the rating agency ICRA, citing low sales, continued losses, and a delayed timeline to profitability, even…
Legacy players gain ground in EV two-wheelers as Ola Electric slips
India’s electric two-wheeler (e2W) market, strongly contested by both incumbents and startups, saw a surge in sales in FY26 with most players expanding their market…
Textile, auto exporters brace for profit squeeze as government halves RoDTEP tax refunds
Pune | Mumbai: Textile and vehicle exporters are bracing for tighter margins and a squeeze on working capital after the government halved tax refunds under…