electric two-wheeler

Ather’s IPO: Attention-grabbing gleanings on EV trade from its DRHP and the way PM E-Drive can provide a booster dose

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With plans to go public, Ather Vitality has sought to lift ₹3,100 crore via a mix of recent capital and a proposal on the market (OFS) from present buyers. As per the corporate’s DRHP, in FY24, it reported revenues of round ₹1,700 crore however confronted vital losses of roughly ₹1,000 crore. These losses had been … Read more

E2W gross sales to cross a million items in 24-25

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The electrical two-wheeler car gross sales are nearing the a million mark with FY2023-2024 recording 8.51 lakh electrical two-wheeler registrations in India. Additionally learn: Two-wheeler stock degree drops in CY24 In line with Vahan knowledge, which tracks car registrations within the nation, in FY2022-2023, 7,25,297 electrical two-wheelers had been registered as in comparison with solely … Read more