Electric 2-wheeler Sales up 17% in India as Electrification Improves
Electric two-wheeler (E2W) sales volume in India rose 17 per cent year-on-year in December as electrification improved after a recent hiatus, a report showed on Wednesday. In the E2W space, Ola Electric (Ola) remained the market leader by volume and…
YO Bykes Set to Dominate Electric 2-Wheeler Industry with High-Speed ‘YO TRUST’ Drift Hx Launch
YO Bykes, India’s leading fuel-agnostic mobility solutions provider, creates a new high-speed “YO TRUST” Drift Hx model for market access with the first-ever high-speed vehicle in Ahmedabad. Once again, it is launched in the presence of the MD and CEO…
Over Rs 5,200 Crore Disbursed As FAME-II Subsidy On Electric Cars, Two-Wheelers
The Ministry of Heavy Industries (MHI) has revealed that electric two-wheelers, three-wheelers and passenger vehicles have availed of Rs 5,228 crore in subsidies under the FAME-II scheme. The government body in its review of 2023 said that so far 11,53,079…
HOP Electric Targets Tripling Sales in 2024, Unveils Nimble ‘Nimbus’ Platform for Electric Motorcycles
HOP Electric is targeting up to three-fold rise in its annual sales in 2024 and is preparing to launch an electric motorcycle equivalent to the mass market entry level bikes of conventional engines to shore up volumes, according to company…
SIMPLE ENERGY LAUNCHES DOT ONE ELECTRIC SCOOTER AT RS 99,999
Simple Energy, an electric vehicle and clean energy start-up, announced the launch of its’ latest electric two-wheeler Simple Dot One. An exclusive introductory price of Rs 99,999 (ex-showroom Bangalore) is being offered specifically for pre-booked Simple One customers from Bangalore….
Gogoro Electric Scooter ‘CrossOver’ to Debut in India on 12 December
Gogoro, the Taiwanese electric two-wheeler manufacturer, has officially announced that it will launch a new electric scooter in India on Tuesday, 12 December 2023. According to various reports that went viral online, the two-wheeler manufacturing company is likely to reveal…
Kinetic Zulu e-Scooter Launched At Rs. 95K – ‘Pay As You Use’ Business Model
The Indian electric scooter segment has seen a new entrant in the form of Kinetic Zulu. This is a new electric scooter from Kinetic Green that is based on KG Ener-G battery platform. The company has launched Zulu at an…
Bumps On IPO Road: Ola Electric’s Net Loss Surges
The Indian manufacturer of electric vehicles (EVs) Ola Electric, led by Bhavish Aggarwal, revealed a significant decline in its financial performance for FY23. The company’s net loss increased dramatically from Rs 784.1 crore in the previous fiscal year (FY22) to…
Gogoro is First Foreign Two-wheel Vehicle OEM and Battery Swapping Provider to be Recognized by the Small Industries Development Bank of India (SIDBI)
Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced it has been recognized by the Small Industries Development Bank of India (SIDBI) as an empaneled OEM making its registered…
Delhi Government Plans to Allow only Electric Two-wheelers to ply as Bike Taxis
The aggregator policy being finalised by the Delhi government proposes to allow only electric two-wheelers to ply as bike taxis, officials said on Tuesday. The aggregator policy for two-, three- and four-wheelers is in its final stages and will be…
