Tag: hero motocorp
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…
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…
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…
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,…
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…
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…
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…