Browsing Category

Electric

136 posts

Ola Electric’s operating revenue, loss, widen in FY22, parent ’Ola’ reports widening net loss

Ola Electric, headed by Bhavish Aggarwal, has experienced a substantial surge in…

IBC signs $1Bn investment pact to set up battery facility in Indian state of Karnataka

International Battery Company (IBC) has signed an investment contract with the government…

Tesla clocks $24.93 billion in revenue in Q2 2023, margins take a hit

The second quarter of the year saw automaker Tesla pocket a total…

Tesla talks to Indian government to set up supply chain in India for affordable electric cars

In the midst of a global shift towards sustainable transportation, automaker Tesla…

Tesla deliveries rise to 466,140 units, production close to 480,000 in Q2 2023

The price cuts at Tesla, amongst other factors, ensured that the EV…

Two-wheeler EV maker Oben Electric secures another $5Mn in pre-Series A round

Bengaluru-based EV startup Oben Electric has raised a total of ₹40 crore…

Ola signs MoU with Tamil Nadu govt, to invest ₹76.1 billion to build world’s largest EV hub

With the rapid push for the electrification of vehicles, the onus is…

Uber to buy 25K EVs in India from Tata Motors for its electric cab fleet

Recent times have seen the ride-hailing industry jump the EV wagon, with…

Oil & gas major Petronas backs Indian battery-tech startup Log9 in $40Mn Series B fundraise

Petronas, the Malaysian oil & gas major, has backed Log9, an Indian…

Ola to start EV cab service pilot in Bengaluru: Report

IPO-bound Ola has been working on electric vehicles for quite a while…

Apple delays automotive debut, scales back on self-driving features in upcoming electric car

The wait for an entirely autonomous car just got longer. Apple, which…

Tesla’s deliveries, productions jump in Q3 2022, but revenue falls short of expectations

Amid a generally tough quarter for auto companies worldwide, supply chain disruptions,…

Exponent Energy lands $13Mn in Series A to scale its fast-charging battery tech for EVs

Having electric vehicles on the road is not enough, and there is…

Ola reportedly laying off 1,000 employees as focus shifts on EV business

Ride-hailing giant Ola, which has vastly diversified since launch, is staring down…

Tesla Q2’22 revenue up by 42%, with first sequential decline in quarterly profits in over a year

Factors such as an extended shutdown at its Shanghai assembly plant, an…

Tata Motors plans to sell 50,000 electric cars by end of FY2022, 100K in FY2023

Tata Motors, the market leader in Indian Electric Car segment, plans to…

Tesla logs 18% drop in deliveries as supply chain constraints continue

Tesla continues to make gloomy headlines. The EV manufacturers has reported production…

LG is stepping into the EV charging business with AppleMango majority stake acquisition

Korean tech conglomerate LG is starting to make strides in the EV…

Battery Smart raises $25M in Series A to create a pan-India battery swapping network

New-Delhi based startup Battery Smart, which runs battery swapping stations for EVs…

YC backed EV Infra startup Statiq lands $26 Mn in latest round

Gurugram-based EV infrastructure startup Statiq has raised $25.7 Mn (About ₹200 Cr)…