The manufacturer of electric scooters, Ather Energy, has raised $34.5 million, or Rs 286 crore, through loan and equity. The Bengaluru-based startup is raising capital for the first time this year with this round. According to the company’s regulatory records obtained from the Registrar of Companies, co-founders Tarun Sanjay Mehta Read more…
The company has expanded its production lines in its factories in Gujarat and Karnataka to accommodate the increasing demand for internal combustion engine vehicles and electric vehicles, respectively, as exclusively revealed to Autocar India. We exclusively learn to Autocar India that the corporation has expanded production at its factories in Read more…
Hero Motorcorp is about to enter the electric bike market, and its bike may outperform 450cc ICE bikes in terms of performance. The CEO of Hero MotoCorp, Niranjan Gupta, discusses the company’s upcoming electric motorcycle prototypes. We are envisioning models with excellent performance. He made it clear that these motorcycles Read more…
At EICMA 2023, Ultraviolette Unveils a High-Performance Electric Motorcycle The F99 electric motorcycle, the latest product by Bengaluru-based Ultraviolette, was exhibited at the esteemed EICMA 2023 show. The F99 is the brand’s first entry into the racing motorcycle market, and it seems to be a fantastic addition to their portfolio. Read more…