Ather Energy raises $50 million in funding as it ramps up electric scooter production, ET Auto

Herald Square Ventures also participated in the latest funding round. Electric scooter maker Ather Energy has raised $50 million, led by existing backer Caladium Investment, regulatory filings sourced through business intelligence platform Tofler showed. Herald Square Ventures also participated in the latest funding round. The company has been valued at $700-800 million after the round,…

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Tesla sues Australia’s Cap-XX over EV battery technology, Auto News, ET Auto

The legal battle seeks to protect Tesla’s intellectual property rights and comes as a response to a previous lawsuit filed by Cap-XX against Tesla subsidiary Maxwell Technologies. Tesla sued Australian company Cap-XX in Texas federal court on Friday, claiming its supercapacitors used for storing energy in electric-vehicle batteries infringe two U.S. patents owned by a…

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Chargeup launches India’s first solar battery swap station in Jaipur, ET Auto

Chargeup’s future plans include expanding this initiative to 30 stations, covering 80% of Jaipur’s pin codes, and replicating the model in Tier-2 cities. New Delhi: Chargeup has introduced India’s inaugural solarized battery swapping station in Jaipur. Located at Beniwal Kanta, Chungi Circle, Ramgarh Mod, Jaipur, the station is owned and operated by Chargeup and has…

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TI Clean Mobility enters Indian eSCV market, Auto News, ET Auto

TI Clean Mobility (TICMPL), a subsidiary of Tube Investments of India, has announced its entry into the country’s largest electric small commercial vehicle (eSCV) category With its fourth EV platform, TI Clean Mobility (TICMPL), a subsidiary of Tube Investments of India, has announced its entry into the country’s largest electric small commercial vehicle (eSCV) category….

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Baaz Bikes introduces e-scooter and EV ecosystem to suit gig riders, ET Auto

Baaz will sell these scooters to small-scale dealerships where gig delivery riders can rent them, empowering micro-entrepreneurs in line with the vision of ‘Local for Vocal’. New Delhi: EV startup Baaz Bikes has recently introduced its electric scooter priced at INR 35,000 without battery (ex-showroom price, Delhi) for gig delivery riders. A gig driver is…

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How to overcome challenges to boost E3W adoption for last mile mobility, ET Auto

Retrofitted EVs use almost the entire body frame of the original vehicles. New Delhi: Three-wheelers (3Ws) play a vital role in last-mile connectivity. Electrifying them is crucial for eco-friendly transportation. As per September 2022 Vehicle Retail Data by the Federation of Automobile Dealers Associations, the 3W segment is shifting from internal combustion engine (ICE) vehicles…

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