Tag: hero motocorp

Electric two-wheeler sales cross 15 lakh in just nine months as adoption rockets
Posted in Startups

Electric two-wheeler sales cross 15 lakh in just nine months as adoption rockets

Electric two-wheeler sales in India crossed 15 lakh units in the first nine months of 2026, surpassing the total sales recorded in all of 2025,…

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Ola Electric board approves Rs 1,000 crore fundraise via rights issue
Posted in Startups

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…

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IPO-bound Simple Energy eyes large fundraise to enhance production capacity, supply chain
Posted in Startups

IPO-bound Simple Energy eyes large fundraise to enhance production capacity, supply chain

IPO-bound electric two-wheeler maker Simple Energy is in “works” with a large fundraise to secure funds as it looks more capital for enhancing production capacity…

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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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Commercial EV maker Euler Motors invests Rs 100 crore in new four-wheeler facility
Posted in Startups

Commercial EV maker Euler Motors invests Rs 100 crore in new four-wheeler facility

Hero MotorCorp backed-electric commercial vehicle maker Euler Motors has invested about Rs 100 crore in a new four-wheeler manufacturing facility in Palwal, Haryana, as demand…

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Ola Electric loss narrows to Rs 336 crore, revenue down 45%
Posted in Startups

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,…

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Ather Energy raises Rs 1,300 crore via QIP, allots shares at Rs 1,202 apiece
Posted in Startups

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…

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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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Posted in Economy

India likely won’t export sugar for years as El Nino, ethanol squeeze supply

MUMBAI: India, once the world’s second-largest sugar exporter, is expected to have little surplus for export for at least three more seasons as El Nino…

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Electric two-wheeler makers brace for raw material price hikes, AI infra pressure
Posted in Startups

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…

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