Electric Two Wheelers News

The funds will be utilised to strengthen its Battery Assignment Technology, scale its operations to service 10,000 electric vehicles and expand its footprint.

The six EV charging hubs will be used for electric commercial vehicles and are set up at key locations across Bengaluru.

Greaves Electric Mobility reports strong sales growth in October 2021, along with uptick in dealership enquiries from across the country.

eBikeGo aims to launch an advanced telematics system for EVs by April 2022, and this acquisition will also help develop a new fleet management system.

Electric scooter rental company, Bounce, has recently announced that the company plans to invest around $100 Million or over Rs. 740 crore for manufacturing its electric scooter, and expanding battery swapping infrastructure.

The connectivity services will be free from November 15, 2021, to May 15, 2022, for all customers of the Ather 450, 450 Plus and the 450X. The company will also reimburse those customers who had already purchased the subscription plans.

The company had sold just 416 units in October last year, and this year, with sales volumes of over 2,500 units, the company has recorded 500% growth.

The company has amongst its clients, brands like BigBasket, Spencer's, Amazon, Flipkart, Licious and Myntra.