Exponent and Alitigreen Launches Fast Charging EV Three-Wheeler Updated On Wed, Aug 3rd, 2022 by Saurenergy Bengaluru-headquartered EV start-up company, Exponent Energy has announced partnership with Alitigreen for launching a new EV three-wheeler. Through this collaboration, both the companies (Exponent Energy and Alitigreen) will make rapid charging a reality for EVs on Indian roads. They claim that the fastest charging electric 3- wheeler rapid charges from 0-100% battery capacity within 15 […] Read more
BluSmart raises $50 million to expand its electric car fleet Updated On Wed, May 25th, 2022 by Saurenergy BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […] Read more
Ather Closes Series E Fund Raise With $128 Million Round From NIIFL, SOF, Hero Moto Updated On Fri, May 13th, 2022 by Saurenergy Bengaluru based Ather Energy, a leading electric two-wheeler company in India, has confirmed the completion of its Series E round of funding with signing of investment agreements amounting to $128 million with National Investment and Infrastructure Fund Limited’s (NIIFL) Strategic Opportunities Fund (SOF), and Hero MotoCorp, a significant shareholder of Ather, and additional investors. Details […] Read more
Here’s How Taiwan’s Gogoro Leads With Innovation In Electric Two-wheeler Industry Updated On Thu, Apr 28th, 2022 by Saurenergy Based in Taipei (Taiwan), Gogoro is a two-wheeled electric vehicle and battery swapping infrastructure manufacturer. It offers a range of smart electric two-wheelers that feature cloud connectivity and an electric powertrain – gathering, analysing, and sharing riding data through a mobile application on the rider’s smartphone. Summing it up, Gogoro is an innovation leader in […] Read more
Hero MotoCorp Invests Rs 420 crore in Ather Energy Updated On Mon, Jan 17th, 2022 by Saurenergy Hero MotoCorp, India’s largest two wheeler maker, is investing Rs 420 crore in electric scooter maker Ather Energy, even as it is readying its own product for the local EV market. The company’s board has approved the investment in one or more tranches, according to a regulatory Nling Friday. Prior to the proposed investment, Hero […] Read more
E-scooter Maker Ather Energy Registers 12-fold Rise in Oct Sales Updated On Tue, Nov 9th, 2021 by Saurenergy Ather Energy, which is backed by Hero MotoCorp, recently revealed that it has registered a 12-fold increase in sales in October riding on festive season demand. The company, which sells electric scooters 450X and 450 Plus, sold over 3,500 units last month. “The festive season has been very encouraging for us as Ather Energy recorded a […] Read more
EV Startup Ather Energy Raises $35 Mn in Latest Funding Round Updated On Mon, Nov 9th, 2020 by Saurenergy Electric two-wheeler manufacturer Ather Energy has raised USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal Hero MotoCorp-backed electric two-wheeler manufacturer Ather Energy has announced that it has raised just over USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal’s investment of USD 23 […] Read more
EV Startup ‘Ather Energy’ Inks Pact with Scooter Sharing Platform ‘Bounce’ Updated On Tue, May 26th, 2020 by Saurenergy Bengaluru-based e-mobility startup Ather Energy has entered into a partnership with dockless mobility solution provider Bounce for a scooter selling and sharing initiative ‘Peer to Peer’ (P2P) with the pilot programme taking off from Bengaluru. As per the deal, Hero MotoCorp-backed company will sell its ‘Ather 450’ e-scooter through Bounce’s website and customers can book this scooter […] Read more