By Jasman Singh Chadha In the quest to mitigate climate change, the transportation sector has emerged as a focal point due to its substantial contribution to global carbon emissions. Electric vehicles (EVs) have been identified as a pivotal solution in this endeavour, offering a cleaner alternative to traditional internal combustion engine vehicles. In India, Go…
Bengaluru-based electric vehicle (EV) startup Ather Energy has successfully secured ₹900 crore (approx $108 million) from its existing shareholders Hero MotoCorp and GIC through a rights issue. Hero MotoCorp, which already holds a 33.1% stake in Ather Energy, has committed to investing up to ₹550 crore (approx $66 million) in the EV startup’s rights issue….
The global electric vehicle markets are witnessing a changing trend where more customers are considering the acquisition of such a vehicle with a four percentage point decline in skepticism between 2021 and 2022, a mobility consumer pulse survey conducted by McKinsey says. However, aspirants have higher expectations from the EVs with regard to reliability and…
