Tag: electric vehicle market

Investors’ bets on Ola shrink as EV, ride-hailing businesses lose ground
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),…

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Hero MotoCorp doubles down on Ather with Rs 1,758 crore investment
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…

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E2W sales climb 19% in June to 1.81 lakh units
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…

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