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Simple Energy lines up $20 million in funds; to be utilized in the production ramp-up of Simple ONE. This investment will help in ramping up production capacities and narrowing the gap between demand and supply for Simple ONE.
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Ola clocks 20000 sales in Oct 2022; wrests highest market share in premium scooter segment1/11/2022
By Kamlesh
OLA Electric, on India's 75th Independence Day, revealed a bunch of stuff they have been working on. This includes a new electric scooter variant, lithium-ion cell manufacturing and a sneak peek of Ola's electric car.
Ather Energy, the electric scooter manufacturer, announced the launch of its latest electric scooter, the 450X Gen-3. The new scooter introduces the next generation of its hugely successful 450 platform and now comes with a host of new features.
Dispatch aims to solve fleet dynamics for last mile mobility in India. Partners with one of the largest contract manufacturers globally to adopt a capex light approach.
Ather Energy achieves $100-million (₹750 CR) annual run rate in less than a year to become possibly India's biggest EV two-wheeler maker by revenue. Ather Energy announced, setting up a second plant in Hosur, Tamil Nadu, to scale up production and meet surging demand for the Ather 450 Plus and Ather 450X electric scooters.
Hero MotoCorp has registered a sub-brand of the company as Vida Electric Motorcycle, and the company will launch its new upcoming electric scooter under the sub-brand named Vida Electric.
The company recently filed a number of trademarks pertaining to the name Vida, including Vida MotoCorp, Vida EV, Vida Electric, Vida Scooters and even Vida Motorcycles. One of the largest two and three-wheeler maker, TVS Motor would invest Rs 1,200 crore in future technologies and electric vehicles over the next four years. A MOU has been signed with the Tamil Nadu government.
Hero Motocorp is betting big on EV's wants to step up the game for competing with Ola electric.
PURE EV offers extended warranty for powertrain components like the battery, motor and controller. BGauss wants to increase their portfolio and showrooms for the two-wheeler category. Meanwhile Okinawa has seen increased EV Sales.
New information about the OLA electric scooter is out. The top variant of the Ola Electric Scooter, is rumored to be named the S-Series, will have a real world range of 150 km on a single charge.
Hero Electric has raised Rs 220 crore in its Series B round of funding led by Gulf Islamic Investments (GII). The first part of the investment which also saw participation from existing investor OAKS. Also there seems to be a dispute within the family run Hero MotoCorp over Hero's EV business.
The scooters are made by HOP Electric Mobility and priced at ₹72,500 for the Leo and ₹ 65,500 for the Lyf, both the scooters boast a range of 125kms.
Gravton Quanta electric moped has been launched in the Indian market at ₹99,000. The electric moped is said to be fully designed and developed with the use of local components thereby making it a Made-In-India product.
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