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Ola Electric Prepares for IPO with Strategic Layoffs to Cut Costs

June 4, 2024

Rate this post In preparation for its upcoming initial public offering (IPO), Ola Electric plans to lay off around 400-500 employees to manage operating expenses, as reported by ET. The final number of layoffs is still...

Electric Two- Wheeler Sales Data: May 2024

June 1, 2024

Rate this post In May 2024, the electric two-wheeler market witnessed marginally lower sales of 63,797 units compared to 64,495 units in April 2024. Although it was anticipated that e2W retails would significantly decline, this has...

Ola S1 Air catches fire on Kerala streets

May 31, 2024

5/5 – (1 vote) Fire incidents are becoming a concerning trend in the realm of electric scooters. A major fire incident involving the Ola S1 Air occurred in Kanjirakulam, Trivandrum, Kerala. The incident happened while a...

Renault to Enter Affordable EV Market with Twingo in China

May 31, 2024

Rate this post Renault SA is set to develop much of its sub-€20,000 ($21,700) Twingo in China, marking a strategic move to accelerate the availability of affordable electric vehicles. According to sources familiar with the plan,...

India’s first electric vehicle index launched by National Stock Exchange

May 31, 2024

Rate this post The National Stock Exchange’s index services subsidiary, NSE Indices Ltd, has launched the Nifty EV & New Age Automotive index, marking India’s first stock exchange index to track the performance of companies within...

Euler Motors Secures Rs 200 Crore in Series C Funding for expansion

May 29, 2024

Rate this post Saurav Kumar, founder and CEO, Euler Motors Euler Motors, a manufacturer of electric three-wheeler commercial vehicles, has successfully concluded its Series C funding round by securing an additional Rs 200 crore from internal...

MG Motor and Hindustan Petroleum Join Forces to Supercharge India’s EV Infrastructure

May 29, 2024

MG Motor and Hindustan Petroleum Join Forces to Supercharge India’s EV Infrastructure MG Motor, a leading manufacturer of electric vehicles (EVs) in India, has partnered with Hindustan Petroleum Corporation Limited (HPCL), a major oil and gas...

FAME 3 to soon roll out with an INR 10,000 crore outlay to support hybrids

May 29, 2024

Rate this post The impending launch of the third edition of the Modi government’s flagship electric vehicle incentive scheme, FAME (Faster Adoption and Manufacturing of Electric Vehicles), is anticipated within the first 100 days of the...

Mahindra XUV.e8 Prepares for Launch with Patented Design Elements

May 28, 2024

Mahindra XUV.e8 Prepares for Launch with Patented Design Elements Mahindra is gearing up to launch their first electric SUV, the XUV.e8, and new details about its design have been revealed thanks to recently patented elements....

Incharz to Develop Exclusive EV Charging Stations for 3ECO, signs MoU

May 28, 2024

Incharz to Develop Exclusive EV Charging Stations for 3ECO, signs MoU New Delhi: Incharz, an EV Charge Point Operator has signed an MoU with 3ECO, a prominent manufacturer of L-3, L-5 cargo vehicles and an EV...

Latest Electric Vehicle News

From spy shots to new releases to auto show coverage

Ola Electric Prepares for IPO with Strategic Layoffs to Cut Costs

Electric Two- Wheeler Sales Data: May 2024

Ola S1 Air catches fire on Kerala streets

Renault to Enter Affordable EV Market with Twingo in China

India’s first electric vehicle index launched by National Stock Exchange

Euler Motors Secures Rs 200 Crore in Series C Funding for expansion

MG Motor and Hindustan Petroleum Join Forces to Supercharge India’s EV Infrastructure

FAME 3 to soon roll out with an INR 10,000 crore outlay to support hybrids

Mahindra XUV.e8 Prepares for Launch with Patented Design Elements

Incharz to Develop Exclusive EV Charging Stations for 3ECO, signs MoU

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