Lower royalty rates may attract bidders for critical mineral blocks, but without domestic refining capacity, India’s clean-energy and electronics supply chains will remain import-dependent, say industry experts.
A snapshot of how the two electric scooter makers stacked up this quarter across key financial and business metrics.
Ather’s net loss for the quarter stood at Rs 154 crore, narrowing from a loss of Rs 197 crore in the same quarter last year.
Bajaj sold 29,597 EV two-wheelers in October, followed by TVS Motor and Ather Energy, while festive offers and new launches boosted overall market demand.
In a letter to Union Minister for Heavy Industries HD Kumaraswamy, Karnataka transport minister Ramalinga Reddy detailed widespread issues including breakdowns, driver strikes, and mounting safety concerns, calling for immediate intervention and reform.
A state government-led delegation headed by Industries Minister MB Patil is in Japan and held talks with Tokyo Electron, Mitsubishi Electric, Honda, Yokogawa Electric, and Restar to attract investments and expand trade.
BMTC, which now operates more than 150 diesel Vayu Vajra Volvo buses to the airport, will replace 85 with AC e-buses
Revenue for the quarter fell to Rs 828 crore, marking a 49.6 percent year-on-year (YoY) decline from Rs 1,644 crore.
In 2022, the transport department had exempted commercial EVs and vehicles running on alternative fuels like methanol and ethanol from permits
The state cabinet on July 2 approved a plug-and-play facility for EV firms in Harohalli
State-run Convergence Energy Services Ltd floated the tender on June 27 under the Gross Cost Contract model
The move comes as ANI Technologies, the parent company of Ola Cabs, has initiated preliminary discussions with investment banks to evaluate the potential launch of an IPO of the ride-hailing business
Passengers travelling to and from Kempegowda International Airport face a double whammy as two electric cab operators, BluSmart and Refex eVeelz, halt services.
Karnataka Cabinet on April 11 approved the Preliminary Project Report (PPR) submitted to avail World Bank funding for electric buses across four transport corporations
Chennai-based startup Waterfly Technologies’ Wing-in-Ground (WIG) craft, also known as seagliders, offer a zero-carbon, high-speed alternative
Karnataka Clean Mobility Policy will be unveiled during the Invest Karnataka meet
For the first time, the Bengaluru Metropolitan Transport Corporation is introducing air-conditioned e-buses
The cell will also assist Bescom, state’s nodal agency for EV charging infrastructure, to phase out ICE vehicles
Ola will launch motorcycles in March, Aggarwal has said, adding the company may rollout a product a month in the new year
On September 11, the Union Cabinet approved PM E-Drive scheme with an outlay of Rs 10,900 crore.
The company has been raising multiple rounds of funding since the end of 2023. The development comes at a time when Ather Energy is aiming to tap the public market by 2025.
Dutta is the Chairman and an Independent Director of Zomato and is also on the board of BharatPe.
The Karnataka transport department launched a special enforcement drive against bike taxis in Bengaluru on July 5, following protests from auto and taxi drivers.
The announcement comes a few weeks after Ather launched its first family scooter Rizta at a starting price of Rs 1,09,999. In February, the company launched its S1X EV range, marking the company’s entry into the mass market segment
This is the first time the Bengaluru Metropolitan Transport Corporation (BMTC) is introducing air-conditioned e-buses. Officials said that they will replace old Volvo buses with new AC e-buses on airport routes and tech corridors.