Ultraviolette, today announced that it has secured $45 million as part of its ongoing Series E round. The latest infusion comes from leading Indian technology company Zoho Corporation, and Lingotto one of Europe’s largest investment management companies. This continued momentum in Ultraviolette’s Series E round underscores sustained investor confidence in the company’s growth trajectory and […]
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Oben Electric, India’s homegrown, R&D-driven electric motorcycle manufacturer, today announced its expansion plans for Gujarat, with 10 new showrooms and service centers set to open in 2026 across Ahmedabad and key cities including Vadodara, Surat, Rajkot and Jamnagar. The expansion follows the strong customer response to Oben Electric’s next-generation city commuter, the Rorr EZ Sigma, […]
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Ather Energy Limited, a pioneer in the EV two-wheeler industry in India, has opened its first Experience Centre, Ather Space, in Colombo, Sri Lanka, marking a significant milestone in its international expansion strategy. This marks the company’s entry into its second international market, following its debut in Nepal in November 2023. At the Experience Centre, Sri Lankan customers can […]
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Subsidy cut a speed bump, but manufacturers are adapting to the new regime After almost trebling to 7.3 lakh units1last fiscal, volume growth of electric two-wheelers (e2Ws) is set to slow to ~25% this fiscal following the recent reduction of subsidy under the FAME-II scheme and consequent price hikes in existing models. The good part […]
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