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Electric two-wheeler maker Ather Energy expects to turn profitable next year

The company is looking to use its ‘450 platform’ to spin more variants and also enter the mass market electric two-wheeler segment. EW DELHI: Hero MotoCorp-backed electric two-wheeler maker Ather Energy is hoping to be profitable at the operating level by next year and it looks to raise capital to fund its future business expansion […]

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FY21 electric personal vehicles sales up on product push; two-wheeler sales down

Sales of electric cars or four-wheelers jumped 52.9% to 4,588 units last fiscal, as leading manufacturers such as Tata Motors, Hyundai Motor India, and MG Motor India launched new products in the domestic market NEW DELHI: Given the disruptions caused by the coronavirus pandemic, sales of electric vehicles in the country declined nearly 20% on […]

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Ola Electric to set up world’s largest EV two-wheeler charging network

Ola Hypercharger Network will also be the densest network, spread over 400 cities with more than 100,000 charging points. Ola Electric on Thursday revealed its plans to set up the world’s largest electric two-wheeler charging network. SoftBank-backed Ola Electric plans to provide charging solutions to all its electric two-wheeler customers. It unveiled the Ola Hypercharger […]

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Target of selling 10 lakh electric 2-wheelers under FAME-II ‘nowhere in sight’: SMEV

According to the SMEV, the sales of high-speed electric two-wheelers, which qualify for incentives under the government’s Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME) II scheme, in 2020 were down 5 per cent from 27,224 units sold in 2019. With just 25,735 units of high speed electric two-wheelers sold in […]

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Electrification: Powering the Shift for Two-Wheeler Segment Towards Electric Mobility

Pune, Maharashtra, India : Business Wire India The future of electric two-wheeler market is growing rapidly and the major drivers for this market are the increasing health-conscious consumers, high traffic congestions, environmental concerns and initiatives which focus on reduction of toxic emissions. According to Fortune Business Insights, The Global E-bike segment was USD 10.05 billion […]

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India electric vehicle sales up 20 per cent in FY20

According to data available with industry body Society of Manufacturers of Electric Vehicles (SMEV), this includes 152,000 two-wheelers, 3400 cars and 600 buses NEW DELHI: Electric vehicle sales in the country increased by 20 per cent to 156,000 units in the last financial year. According to data available with industry body Society of Manufacturers of […]

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