The EV startup has spent Rs 100 crore for the development of this model, which will have an initial production capacity of 1,000 units per month. It will introduce the two models in seven major cities, including Delhi, Chennai, Mumbai and Hyderabad and later take them to other cities where it operates.
The funds will be used to expand BluSmart's operations and build real EV charging infrastructure and assets in India's megacities, the EV ride-hailing firm has said
As several aspiring employees took to LinkedIn to express anguish at not being left with enough time to find replacement gigs for the summer, Pravaig offered help.
Under the scheme, Ola Electric is eligible for incentives for up to five consecutive financial years, commencing in fiscal 2023-24.
Industry experts estimate that incentive payout under the scheme will be up to 18 percent of the sales value
The company has collaborated with Exponent Energy to enable rapid charging for its vehicles
The Bangalore-based EV startup has bookings for 50,000 units of the electric scooter till date.
The company, which recently launched Simple One for Rs 1.45 lakh, is gearing up to launch more e-scooters, an e-motorcycle and an e-car
The Gurgaon-based EV startup, which commenced business in December 2019, has inducted 4,500 electric cars in its fleet so far.
The Simple One e-scooter will be available in four colour options - black, red, blue and white - and two dual-tone options - white and black - with red alloy wheels and highlights.
Simple One delivers a claimed range of 212 km in Indian driving conditions, making it the longest- range electric two-wheeler in the domestic market.
This is part of Yulu’s plan to begin selling its products directly to end-users. The pricing of the vehicle and the rates of the service offering have not been disclosed
Ola is a contender in the cab and electric two-wheeler markets. But cars are an entirely different ballgame in the world’s most competitive market, which has humbled MNCs with decades of experience
The Aera will be offered with a claimed range of 125 km for all variants except 6000+, which will go up to 150 km on a single charge.
The round includes a $20 million equity round and a $5 million debt round for fleet expansion from global impact fund IIX and a large national bank.
The Bangalore-based startup, which specialises in the manufacturing, research and development of nanotechnologies, had started making batteries for electric two- and three-wheelers from December last year and is currently churning out 8,000-10,000 units per year
He believes that India can lead the world’s EV market, and said that Ola’s not here to build `me-too’ products.
Gensol Engineering has acquired a US-based electric vehicle manufacturing start-up which will provide it the technology for making an entry level electric car
