Hero Electric Targets 10-15% Growth In 20-21, Scouts For PE Investors
Hero Electric, country’s largest electric two-wheeler company, is planning to close the fiscal with 10-15 per cent growth despite the pandemic. The company is looking to increase its capacity by over 200 per cent and is also looking for investors….
Ather Energy Raises Rs 260 Crore In Fresh Funding
Ather Energy has recently raised an investment of USD 35 million (Approx Rs 260 crore) in its latest round of Series D that was led by Sachin Bansal’s investment of USD 23 million. The Bengaluru-based start-up was one of the…
Exchange Any Petrol Scooter With Gemopai Electric Scooters: CredR To Facilitate Price Quotation
CredR, an omnichannel used two-wheeler marketplace, has collaborated with Gemopai, a maker of electric two-wheelers for the exchange of any petrol-based two-wheelers with a new Gemopai electric scooter. While exchanging the scooter, CredR will offer instant quotes for old petrol…
Electric Vehicle Startup PURE EV Enters International Market
IIT Hyderabad-incubated startup PURE EV has entered its first international market with plans to launch its premium model ‘EPluto7G’ in Nepal by October 2020. A unique aspect of this vehicle is that the battery and the vehicle have been designed…
EV Firm Ampere Ties Up With eBikeGo, To Supply 2,000 Electric Scooters
Electric Vehicle (EV) manufacturer Ampere announced that it has tied up with e-mobility start-up eBikeGo, and that it has subsequently secured an order for the supply of 2,000 electric scooters. The latest order follows closely behind the 3,000 electric scooters…
Ampere Electric Partners With Bounce: Will Provide Smooth & Affordable Last-Mile Connectivity
Ampere Electric, a wholly-owned electric mobility subsidiary of Greaves Cotton Ltd., strengthens its performance range of E Scooters with a renewed focus on shared and rental electric mobility solutions. Ampere Electric’s partnership with India’s leading bike rental platform Bounce is…
Odysse Electric Vehicles Expands India Network With New Dealership In Mumbai
Over the past few years, India has witnessed a rapid rise in the number of electric vehicles in the market, thanks to the government’s continued push for electric mobility in the country. And now we have yet another company adding…
Evolet Keen On Investing In Telangana
Electric vehicle (EV) maker Evolet India, part of Rissala Group, is keen on setting up assembly and manufacturing facilities in Telangana State. The company is planning to create an assembly plant for electric two-wheelers to cater to both domestic and…
New Factory In Rajasthan, Electric Cruise Scooter On Track: Okinawa
COVID-19 notwithstanding, Gurugram-based electric two-wheeler maker Okinawa Autotech will go ahead with its plan to start a factory and launch new models later this year. Work on commercially launching an electric cruiser scooter is on schedule and going ahead as…
Hero MotoCorp Makes Fresh Investment Of Rs 84 Crore In Ather Energy
India’s largest two-wheeler maker Hero MotoCorp on Friday announced a further investment of Rs 84 crore (US$11million) in Ather Energy, taking up its shareholding in the company to 34.58 per cent. Prior to the investment, Hero MotoCorp’s shareholding in Ather…
