Electric Scooter News
Hero Vida VX2 electric scooter teased ahead of launch: Here's what all to expect
Hero MotoCorp's Vida will launch the VX2 electric scooter in India on July 1. Targeting budget-conscious consumers, the VX2 features drum brakes, a simpler design, and a Battery-as-a-Service option, enhancing accessibility in the competitive entry-level EV market.
1 min read19 Jun 2025Icra downgrades Ola Electric Technologies as sales slump
Ola Electric’s slowing sales and widening losses have triggered a credit downgrade, as India’s top EV maker grapples with intense competition and operational disruptions.
2 min read3 May 2025Tarun Mehta says EV maker ‘unaffected’ by China’s Rare Earth export curbs ahead of Ather Energy IPO
Ather CEO Tarun Mehta assured people that the EV maker is going to be largely unaffected from the recent restrictions on Chinese exports of rare earth magnets, as per reports.
2 min read26 Apr 2025River Mobility races to expand—but losses mount in a tough EV market
Backed by Yamaha and Toyota Ventures, the EV startup has scaled up retail and scooter sales within a year. But rising losses, low production utilization, and wary Indian consumers raise questions about whether it can survive the shakeout.
4 min read25 Apr 2025EV subsidies: Centre spends quarter of FY25 allocation towards two- and three-wheelers
The PM E-drive scheme is the government’s third major scheme to promote electric mobility in the country by providing subsidies to consumers
2 min read1 Apr 2025Scooters Sales May Finally Beat Pre Pandemic Levels as Growth Outpaces Motorcycles
Experts are of the view that sales are likely to cross the 6.7 million units mark of FY19 and even the record 6.72 million units of FY18.
4 min read25 Mar 2025Ola Electric’s scooter deliveries hit as it renegotiates contracts with vehicle registration agencies to cut costs
Ola Electric's renegotiations with vehicle registration agencies have extended the waiting times to 20-45 days, according to store managers. But the company said the average delivery time for customers has reduced to 3-4 days from 12 days.
6 min read14 Mar 2025Ather Energy IPO: Hero Moto-backed EV maker said to move closer to $400 million India IPO
Ather Energy plans a Mumbai IPO to raise $400 million, targeting a valuation of $1.2 billion. The offering will include primary and secondary shares, with founders and investors offloading stakes. The IPO comes amid declining electric scooter sales in India
1 min read12 Mar 2025Budget 2025: THIS is why electric vehicles will become cheap in India
Finance Minister Nirmala Sitharaman presented the 2025-2026 budget, proposing tax incentives and removing customs duties on minerals for EV batteries. This aims to reduce costs, encourage domestic manufacturing, and support India's vision for a greener economy.
1 min read1 Feb 2025Bharat Mobility Global Expo 2025: Dates, venues, key launches and everything we know so far
The Bharat Mobility Global Expo 2025, the largest automotive event in India, takes place from January 17-22, featuring major brands like Maruti Suzuki and Hyundai. Events include the Auto Expo and Mobility Tech, held across three venues in Delhi and Greater Noida.
1 min read14 Jan 2025