Ola Electric has released a teaser for its upcoming electric bike, the Roadster, set to launch on August 15, 2024. The Roadster will be available in three versions, offering performance comparable to 125cc and 160cc bikes, with features like hub-mounted motors, telescopic forks, and LED lighting. The bike is expected to have a range of around 200km and be priced starting at Rs 1.4 lakh.
Ola Electric, led by Bhavish Aggarwal, is gearing up for its initial public offering (IPO) on August 2, aiming to raise Rs 5,500 crore. The IPO will see an offer for sale (OFS) component of up to 84.94 million shares, bringing the total issue size to Rs 6,145.96 crore. The funds will be used for capacity expansion, research and development, and business expansion. The company’s net loss increased to Rs 1,584.4 crore in FY24, but its operating revenue saw a significant jump to Rs 5,009.8 crore.
The Groww Nifty EV & New Age Automotive Fund of Funds (FOF) offers investors a chance to capitalize on the burgeoning electric vehicle (EV) market in India. This article explores the details of this unique fund, its underlying index, and the growth potential of the EV sector in India.
The Tesla Model Y is a popular electric car offering a good balance of price, range, and features. But with several trims available, choosing the right one can be tricky. This guide breaks down the pros and cons of each Model Y trim, helping you determine which best suits your needs and budget.
The rapid advancement of electric vehicle technology makes deciding between buying or leasing an EV a complex choice. This article explores the pros and cons of each option, considering factors like cost, mileage limits, and future tech advancements, providing insights from experts and real-world examples to help you make the best decision.
Tata Motors is set to unveil its highly anticipated electric SUV coupe, the Curvv, tomorrow. The Curvv EV is expected to offer a range of 400-500 km on a single charge and feature a dual-motor setup for all-wheel drive capability. It will also come equipped with a 12.3-inch infotainment system, a 360-degree camera, and six airbags.
Tesla’s popular Model Y is rumored to be getting a refresh, codenamed ‘Juniper’. Expect design tweaks, interior upgrades, and new features like predictive shifting and ventilated seats. The refresh is likely to maintain the Model Y’s affordability, but a release date remains unclear.
A new study from Parks Associates reveals a decline in EV ownership in the US, attributed to rising inflation, interest rates, and consumer concerns about cost and charging infrastructure. Despite this, affluent current EV owners remain keen on purchasing more EVs, suggesting a relatively flat growth rate in the near future.
Amsted Automotive will present its advanced drivetrain and metallurgy manufacturing technologies at TMC2024, highlighting solutions for the growing demand for electrified powertrains. The company will showcase its Multi-Functional Shift Systems, providing novel and flexible solutions for EV and HEV powertrain systems, along with a range of other technologies from its businesses.
Hyundai Motor Company and Hilton Grand Vacations APAC & Hawaii (HGV) have announced a collaboration to enhance the customer EV experience and attract potential customers in key tourist destinations across Hawaii. The partnership will offer premium customer experiences and sustainable mobility solutions, leveraging Hyundai’s ‘Hyundai Mobility Passport’ program, initially launched in Oahu Island and expanding to Kona this summer.
