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Ola Electric continues to lose market share as Bajaj Auto and TVS Motor gain

The Indian electric two-wheeler market has reported subdued sales in September 2024, with 88,156 el…

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4 mins read

All you need to know about Ola Electric's IPO: Should you subscribe or not?

With a price band of Rs 72–76 per share, only 10% of the issue is available for retail investors. I…

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3 mins read

India’s electric two-wheeler industry records highest-ever monthly sales as FAME subsidy ends

The Indian electric two-wheeler industry has reported its best-ever month in terms of sales in Marc…

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India needs to lead global tech transition, build jobs of the future: Ola Founder Bhavish Aggarwal

Ola Founder Bhavish Aggarwal stressed the need for India to lead the tech transition with AI, suppo…

PTI   


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Ola wants to re-enter the quick commerce business to take on Blinkit and Swiggy Instamart

Ola tried its hand in the quick commerce business with Ola Dash but failed to crack the market and …

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3 mins read

Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies

The sales of electric two-wheelers have come crashing down just a month after recording the best-ev…

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Ola Electric cuts prices of scooters to compete with ICE two-wheelers

Ola Electric has become the latest EV maker to announce a price cut for its electric vehicles. The …

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Substantial drop in sales of cars, goods carriers and light commercial vehicles in Q2: SIAM

Sales of cars in the country saw a significant decline in the second quarter of FY25, as highlighte…

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September Auto sales – Automakers report a decline, Mahindra and Mahindra overtakes Tata Motors

The Indian passenger vehicles segment reported a decline in sales for the third consecutive month i…

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Expect India to be third largest market among 118 countries: Mercedes-Benz

India is the fifth largest market in the region after Japan, South Korea, Australia and Turkey.…

PTI   


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BYD Seal electric sedan launched in India starting at ₹41 lakh

BYD India on Tuesday announced the launch of the BYD Seal, the company’s third electric car and its…

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1 min read

Pure EV raises $8 million in latest funding round

The Hyderabad-based company said it is currently in the final stage of concluding its Series A1…

PTI   


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Ola Electric raises Rs 3,200 cr to fund EV business

The Bengaluru-based firm aims to accelerate its growth by ramping up its two-wheeler manufact…

PTI   


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Electric two-wheeler sales rise in Nov as Ola Electric scales a new high

Electric two-wheeler sales in India have continued to improve, recording a new high since the reduc…

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Bullish on India; luxury car penetration expected to remain low till tax rationalisation: Audi

Audi expects growth of the luxury car market in India to moderate to low double digits in 2024 …

PTI   


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Maruti Suzuki, Tata Motors, Hyundai and other automakers report a decline in sales in July 2024

The month of July 2024 could have been better for automakers, with most companies reporting a decli…

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BMW CEO: A 2035 gasoline ban will hit the European car industry 'in its heart' and make it reliant on Chinese batteries

BMW CEO Oliver Zipse said the EU's ban on gasoline cars could "threaten the European automotive ind…

Kwan Wei Kevin Tan   


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Europe shouldn't be afraid of Chinese electric cars, says Mercedes-Benz CEO

Ola Källenius rallied against protectionism in an interview with the Financial Times, arguing that …

George Glover   


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1 min read

Ola group to invest ₹7,614 cr in TN for lithium ion cell, EV cars

Electric vehicle (EV) player Ola Electric Mobility Private Ltd. has signed a Memorandum of Understa…

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It’s raining discounts – Maruti Suzuki, Hyundai, Tata Motors and others offer discounts on cars as sales slowdown

If you are considering purchasing a car for yourself or someone in your family, now is a great time…