Ather Energy
Featured Article
How India will navigate EVs in 2024
India, a major player in the global automotive industry, has started focusing on transitioning to alternative fuels to curb pollution after expanding its consumer and vehicle bases and adding local manufacturing facilities over the past two decades. On this journey, 2024 will be a crucial year, as the country — the third-largest automotive market —…
Hero MotoCorp, GIC to increase stake in Ather with $108 million investment
Hero MotoCorp, the world’s top two-wheeler maker, and Singapore sovereign fund GIC are investing $108 million in Ather Energy, a promising electric vehicle startup in India whose fast-growing fortune had to…
Featured Article
India’s electric two-wheeler sales hit a speed bump
In India’s bustling streets, where two-wheelers are seen as the primary mode of transportation, a powerful shift toward electrification is happening. Fossil fuels still dominate the South Asian nation’s automotive industry, but a shift toward EVs — particularly in the two-wheeler category — is underway. More than 1.3 million electric two-wheelers have been sold to…
India’s electric bike rental startup Yulu inks strategic partnership with Bajaj Auto, raises $8M
Yulu, a Bangalore-based electric bike sharing platform that maintains a partnership with Uber, said today it has won the backing of one of the country’s largest automakers. The two-year-old startup said…
Featured Article
Shuttl is winning over office workers in India with safer bus commute option
Miles away from the fancy parts of Gurgaon, where a cohort of Uber and Ola cars race all day to dot the surrounding, hundreds of people are working on a different solution to contribute to India’s push for improved mobility. When Uber entered India six years ago, and its local rival Ola began to expand…
India’s Bounce raises $72 million to grow its electric scooters business
Bounce, a Bangalore-based startup that offers thousands of electric scooters for rent in India, has raised $72 million to accelerate its bid to impact how people navigate India’s traffic-clogged urban…
India’s Ather Energy raises $51 million to grow its electric scooters business
There’s more money racing into India’s increasingly competitive two-wheeler market after electric scooter maker Ather Energy said today it has raised $51 million in new funding. The round was led…