Ola’s EV Marketshare Slips Further In Setptember, Bajaj, TVS, Gain Updated On Tue, Oct 1st, 2024 by Saurenergy Ola Electric continues to cede marketshare to legacy stalwarts Bajaj Auto and TVS Motors in the two wheeler EV segment. Based on the figures for September, Ola’s market share shrank to just over 25%, a huge drop from the 47% share in September last year. The losses have been mainly due to the continuous gains […] Read more
Piaggio Onboards Dhiraj Tripathi as Vice President, Export & Electric Vehicles Updated On Tue, Jun 6th, 2023 by Saurenergy Subsidiary of automotive firm, Piaggio Group, Piaggio Vehicles has appointed Dhiraj Tripathi as Vice President for Export & Electric Vehicles (EVs). Tripathi will be responsible for sales, service, marketing and Business Development. Tripathi brings to the table 25 years of experience in the automotive industry in B2B, B2C Sales Operations, revenue enhancement among other areas […] Read more
Hero Electric Revenues Go Past Rs 850 Cr in Fy22 Updated On Mon, Dec 26th, 2022 by Saurenergy On the back of a 2.8X surge in operating income, Hero Electric has ascended to top position in the electric vehicle ecosystem in terms of revenues during FY22. Okinawa and Ather posted Rs 822 crore and Rs 408 crore topline respectively while Hero Electric generated Rs 841 crore from its operations in FY22 even while […] Read more
EV Startup Yulu Secures $82 Mn in Series B Round Updated On Mon, Sep 12th, 2022 by Saurenergy Bengaluru’s electric mobility startup Yulu has secured $82 million in equity funding, which was led by USA’s Magna International in a Series B funding round. The funding round saw participation from investors, which also included Bajaj Auto Limited. Notably, Yulu boasts of a strategic partnership with Bajaj Auto and the two companies have been working […] Read more
