Ather Energy Begins Electric Two-Wheeler Production at its Hosur Facility

Ather Energy Begins Electric Two-Wheeler Production at its Facility in Tamil Nadu

Indian electric two-wheeler manufacturer, Ather Energy, has commenced operations from its facility in Hosur, Tamil Nadu. Ather has also started deliveries in Mumbai, Pune, Ahmedabad, Bangalore, Chennai, and Hyderabad, and ...
/ / Electric Vehicles, Grid
Bengaluru’s Electric Two-Wheeler Leasing Platform Welectric Raises Angel Funding

Bengaluru’s Electric Two-Wheeler Leasing Platform Welectric Raises Angel Funding

Welectric, an electric two-wheeler lifecycle management company, raised an undisclosed amount in angel funding from several investors. Welectric is an early-stage startup that deals with the sales, finance, maintenance, and ...
/ / Electric Vehicles, Grid
72% YoY Rise in Registrations for Electric Two-Wheelers in September 2020

72% YoY Rise in Registrations for Electric Two-Wheelers in September 2020

India's electric two-wheeler industry is showing signs of revival, the latest report by the Society of Manufacturers of Electric Vehicles (SMEV) suggests. The registration of high-speed electric two-wheelers (E-2W) stood ...
/ / Electric Vehicles, Grid
COVID or Not, Indian EV Startups Continue to Push Forward

COVID or Not, Indian EV Startups Continue to Push Forward

Historically, mobility and fossil fuels have been inextricably linked, and electric vehicles (EVs) have been on the fringes relevant only in a few niche markets. But with climate change taking ...
/ / Mercom Research Focus, Other
With New Investment of ₹840 Million, Hero’s Share in Ather Energy Rises to 34.58%

With New Investment of ₹840 Million, Hero’s Share in Ather Energy Rises to 34.58%

Hero MotoCorp, a leading manufacturer of motorcycles and scooters, has announced that it has invested ₹840 million (~$11.25 million) in Ather Energy. According to a BSE filing, with this latest ...
Mumbai-Based EV Startup Raises Funding to Launch Three New Models This Year

Mumbai-Based EV Startup Raises Funding to Launch Three New Models This Year

Mumbai-based electric vehicle (EV) startup Earth Energy EV announced that it received an undisclosed amount of seed funding. The company plans to use the funds to facilitate the launch of ...
Electric Scooter Manufacturer Ather Energy Raises $51 Million in Funding

Electric Scooter Manufacturer Ather Energy Raises $51 Million in Funding

Ather Energy, India’s intelligent electric scooter manufacturer, raised $51 million in its latest round of funding, led by Flipkart’s co-founder Sachin Bansal’s investment of $32 million. Ather Energy was one ...