Tag: electric vehicle market
Posted in Startups
E-bike startup Ultraviolette targets 10,000 monthly sales by 2027-end
Bengaluru-based electric two-wheeler startup Ultraviolette expects monthly sales to reach 10,000 units by the end of 2027, driven by a slate of launches next year,…
Posted in Startups
Investors’ bets on Ola shrink as EV, ride-hailing businesses lose ground
Japan’s SoftBank Group, private equity fund Warburg Pincus, Singapore sovereign wealth fund Temasek, New York-based hedge fund Tiger Global and Z47 (formerly Matrix Partners India),…
Posted in Startups
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…
Posted in Startups
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…