EBike

For FY23, SMEV's projection was close to that of the government as it expected sales to be over 1 million

Ahmedabad-based Matter will be competing with players such as Ola Electric and Ultraviolette in the electric motorbike segment

Registrations in February slowed compared to the previous months, partly because of the FAME-II subsidy issue and also because there were fewer days in the month

Still FY23 sales figure, so far, is up 146%; FY24 outlook is bright, say experts

Revfin plans to use the funds to expand its geographical footprint to 25 states and capture over 10 per cent national market share of financed electric three-wheelers

Moto Business Service India, a leasing firm of Yamaha Motors, announced a partnership with Chennai-based FullFily, marking its foray into electric two and three-wheelers asset management services

The facility will develop powertrain as well as multiple product portfolios for both domestic and international markets, eBikeGo said in a statement.

This includes the JV with Tacita; company is in talks with PE firms

With this launch, the company said it now has five tbike models in its product portfolio

EMotorad has raised $3-million in a strategic seed round funding from two investors for scaling up its current facilities and expanding its presence across the domestic and overseas markets

The Chennai-based firm has bought 80% stake in EGO for $17.9 mn; aims to generate $100-150 mn in next 3-5 years by participating in growing demand for e-bikes in the continent

eBikeGo has increased the number of vehicles in its fleet from 300 e-scooters to 2,100 during the pandemic

E-bicycle segment in India accounts for only 2-3 per cent of the total bicycle market

eBikeGO said it has roped in reform-centric advance service firm ASSAR as its strategic partner, to promote and deploy over 10,000 electric bikes to various e-commerce and logistics companies.

The RV400 comes with a host of introductory benefits such as unlimited battery warranty, free maintenance benefits, product warranty and insurance

Irfan Khan's 'Swachh Dalhousie' initiative could prove to be a boon for cities choking on pollution