Tag: electric two-wheelers
Ola Electric board approves Rs 1,000 crore fundraise via rights issue
The board of Ola Electric has approved a rights issue of partly paid-up equity shares to raise up to Rs 1,000 crore, the electric two-wheeler…
Ola Electric: Ola Electric shares rise 2.5%: What’s behind the gains?
Ola Electric saw its shares rise 2.5% on the bourses on Thursday, its fifth straight day of gains. Analysts said a handful of factors were…
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…
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…