Page 31 - Electric Vehicles

IPO-bound Ather Energy banks on upcoming Maharashtra unit for growth

Sets price band of Rs 304-321 per share for IPO which opens on April 28

Xiaomi postpones release of first SUV following fatal road accident

The delay sets back Xiaomi's $10 billion EV project, which billionaire co-founder and Chairman Lei Jun has described as his last startup endeavor

Ather Energy sets IPO price band in range of ₹304 to ₹321 per share

The Tiger Global-backed company trimmed its IPO size on Tuesday to ₹2,626 crore ($308.3 million), down from its initial aim of raising ₹3,100 crore

Here's why Huawei's expansion in smart driving stirs competition, scrutiny

In the EV era, companies are reconfiguring how cars are designed and function. The "brains" of a vehicle have a power that extends way beyond cruise control, emergency braking or parking sensors

India's push for electric scooters, tuk-tuks fuels battery swapping market

Now growth in sales of battery-powered two-and-three wheelers, favored by tuk-tuk operators, gig workers and for quick-commerce delivery fleets, is finally giving the sector some momentum

Delhi to expand bus fleet with 2,080 electric vehicles, retire 1K old ones

The Delhi transport department is set to add 2,080 electric vehicles to its bus fleet over the year, an official said on Monday. It currently operates around 7,000 buses in the city. But around 1,000 of those are set to get off road this year with some already being retired. "We have signed a memorandum of understanding with five different concessioners to procure 1,040 buses. For the second set of 1,040 buses, we will sign agreements soon. Once they start rolling out, it would plug the gap created due to decommissioning of ageing buses," said a transport department official. According to the plan, 1,040 buses will be added to the fleet in the first phase under the Centre's National Electric Bus Programme (NEBP). The scheme aims at introducing e-buses across the nation. The second lot of 1,040 buses will be part of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme. The scheme aims to incentivise over 14,000 e-buses across nine major cities with

BluSmart users' wallet woes: 'Closed loop' model may pose refund issues

Closed loop prepaid payment instruments (PPIs), such as the BluSmart wallet, enable users to only purchase services from the ride-hailing entity alone

BluSmart's shock exit leaves India's green mobility market up for grabs

According to data from brokerage firm Motilal Oswal published in January, Uber leads the country's cab-hailing market on average daily rides and monthly active users

Burnt by BluSmart: Gensol meltdown puts solar energy solutions at risk

Startups supported by venture capitalists and private equity investors accept large cash burns and running losses, so long as there's high growth rates

Sebi investigation into BluSmart likely to slow Uber's EV push in India

Uber's EV ambitions in India are focused on accelerating the shift to zero-emission mobility, with a goal of electrifying every ride on its platform by 2040

Amid Gensol crisis, BluSmart says wallet refunds will take up to 90 days

Many users have voiced concerns about the lack of transparency regarding BluSmart's refund process. The development unfolds amid an ongoing investigation by Sebi into Gensol Engineering

Crisis deepens as more directors resign amid Gensol fund diversion case

Gensol crisis: The fallout stems from a Sebi order accusing Anmol Jaggi and his brother Puneet of misusing public funds

EV maker Wardwizard slashes price of e-scooter range by Rs 13,000

Electric vehicle maker Wardwizard Innovations & Mobility on Friday said it has slashed prices of its product range up to Rs 13,000. The company, which sells electric two-wheelers under the Joy brand, has taken the step to accelerate EV adoption across the country, it said in a statement. The company has slashed prices by up to Rs 13,000 on selected models to strengthen its market presence and attract a broader base of EV consumers, the Gujarat-based firm said. The revised pricing applies to models including Wolf 31AH, Nanu plays, and Wolf Eco, among others.

NHEV eyeing east and west corridors for expansion, says Abhijeet Sinha

The expansion plan involves 1,401 kilometres in the west and 2,164 kilometres in the east, targeting 13 highways

Not just Ashneer Grover: BluSmart had Dhoni, Deepika Padukone as investors

A number of celebrities and high-profile investors, including MS Dhoni, Deepika Padukone, Sanjeev Bajaj, and Ashneer Grover, had backed the EV startup now under Sebi scrutiny

BluSmart stops cab bookings: Wallet woes leave users in the lurch

Early investors who exited firm say they saw signs of chaos

Skoda Auto India gears up for electric vehicle play with local push

Kylaq success fuels confidence as carmaker eyes exports, higher India mkt share

China bans 'smart driving' ads after fatal crash involving Xiaomi EV

Chinese authorities have banned terms like 'autonomous driving' in car ads after a fatal crash involving Xiaomi's SU7 EV, tightening rules on ADAS marketing and over-the-air updates to boost safety

Tata Motors files record 250 patents in FY25; focuses on EVs, emerging tech

The filings span multiple areas of product and process development, with a focus on electric vehicles (EVs), hydrogen-based technologies, and core vehicle systems

Uber's rumoured tie-up with BluSmart to achieve green goals under a cloud

Given both customer and driver dissatisfaction with Uber, partnering with BluSmart's EV fleet would augment both Uber's EV cab strength, as well as help it on its mission to zero-emission by 2040