e-scooter

Ather Energy to Accelerate New Launches in India and Foreign Markets

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[ad_1] Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. India’s electric scooter market is small but growing, with e-models accounting for 5 percent of total scooter and … Read more

Ola Electric Expects to Quadruple Revenue This Financial Year, Reveal Company Documents

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[ad_1] Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore) this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter. The figures, however, pre-date surprise cuts by the federal government to e-scooter incentives in … Read more