Ola Electric held talks on potential highyield debt financing: Sources

Ola Electric Mobility Ltd, an Indian electric vehicle maker whose shareshave fallen about 50 per cent this year, recently held talks with lenders toexplore raising money through high-yield debt, according to peoplefamiliar with the matt...

Oben Electric lists Rorr EZ on Amazon aspart of digital EV sales push

The integration with Amazon is aimed at reaching customers who prefer digital purchasingchannels, especially those buying an electric two-wheeler for the first time. Bengaluru-based electric motorcycle manufacturer Oben Electric hasm...

No helmet, no petrol in Indore district from Aug 1

Beginning August 1, two-wheeler riders without helmets will not beallowed to refuel at petrol pumps in Indore district, a move aimed atcurbing violation of traffic rules, officials said. An order to this effect was issued on Wednesda...

India-UK free trade deal lifts import duties,boosts domestic tyre industry’s prospects in UK

The competitiveness of Indian tyre manufacturers in the UK market isset to receive a major boost following the elimination ofimport dutiesunder the newly-signed India-UK Comprehensive Economic and TradeAgreement (CETA), according to the...

DPIIT ties up with Ather Energy to boost EVmanufacturing and clean mobility ecosystem

The electric two-wheeler manufacturer, Ather Energy, has signed aMemorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIlT), Ministry of Commerce and Industry. According to an official ...

Bajaj, KIM will pull out all the stops in new revival plan

BajajAuto and KIM will begin to work very closely and execute a comprehensive turnaround plan once all regulated clearances are in place over the next three months. The leadership team at Bajaj Auto shared this update with analysts i...