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Ola Electric And Hero Electric

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Auto component makers to gain from new 4-wheeler electric vehicle policy

The new four-wheeler (4W) electric vehicle (EV) policy may spur the entry of global majors. Photograph: Adnan Abidi/Reuters The manufacturing policy cuts Customs duty to 15 per cent, given a......

Vanguard slashes Ola's valuation by another 29% to $1.88 billion

The US-based investment management firm Vanguard has adjusted the valuation of the mobility company Ola to $1.88 billion. Photograph: Shailesh Andrade/Reuters This represents the third markdown......

Ola Electric's Rs 5,500 cr IPO to bolster its EV market, say experts

Ola Electric’s initial public offering (IPO), of Rs 5,500 crore, is essentially aimed at ensuring the company maintain its top position in the electric two-wheeler segment, with incumbent......

North trails South in electric scooter sales

When it comes to electric two-wheeler sales, Maha­rashtra is miles ahead of other states, thanks to Bajaj Auto, which sold 45 per cent of its Chetak electric scooters in September in its home......

At 1.3 million, two-wheeler sales cross pre-Covid figs of September 2019

The two-wheeler segment is, however, still far from its H1FY19 peak of 9.7 million units. IMAGE: Ola Electric's S1 Air e-scooters are pictured inside its manufacturing facility in Pochampalli,......

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