Ola Electric to begin motorcycle deliveries soon, says CFO Harish Abichandani

Ola Electric Mobility is set to begin delivering its motorcycles by the end of this month or early April, according to Harish Abichandani, CFO of Ola Electric. Abichandani said the company is on track to significantly expand its product portfolio, and market share will be a result of continued expansion in distribution and product availability. … Read more

Raptee in talks to raise $19 million Series A funding to scale production and expand marketing

Electric motorcycle startup Raptee.HV is in discussions to raise $19 million in Series A funding to ramp up production and expand marketing efforts, according to Dinesh Arjun, Co-Founder and CEO. The company, which has already secured $5 million in funding, plans to close the first tranche of this new investment within the next few weeks. … Read more

Delhi govt unveils proposed EV policy 2.0, targets 95% electric vehicle adoption by 2027

The Delhi government has announced key highlights of the proposed Delhi EV Policy 2.0, aiming to make 95% of new vehicle registrations electric by 2027. The policy, reviewed by Transport Minister Pankaj Kumar Singh, outlines a roadmap to accelerate the city’s transition to electric mobility while strengthening its position as India’s leader in EV adoption, … Read more

Ministry of Corporate Affairs clarifies no final conclusion yet on Hero MotoCorp investigation

The Ministry of Corporate Affairs (MCA) on Monday clarified that no final conclusion has been drawn yet in the investigation into the affairs of Hero MotoCorp and Salt Experiences and Management Private Limited (SEMPL), refuting recent reports that suggested the company had been given a clean chit. In an official statement, the ministry stated that … Read more

Ather Energy converts preference shares into equity, likely to launch IPO in April

Electric two-wheeler maker Ather Energy Ltd has taken a significant step toward its much-anticipated initial public offering (IPO) by converting its outstanding compulsory convertible preference shares (CCPS) into equity. The move is part of the company’s preparation for its IPO, expected to be launched in April, according to merchant banking sources. According to a Registrar … Read more

Crowd management at railway platforms: Ashwini Vaishnaw green lights key decisions; Check details

SUMMARY From war rooms to CCTV cameras and wide FOBs – check the details of how the Railway Minister Ashwini Vaishnaw plans to mitigate crowd management at the railway stations in India. By Ritesh  March 7, 2025, 5:11:18 PM IST (Updated) 1 / 7 Union Minister of Railways, Ashwini Vaishnaw, headed a high-level meeting on … Read more

Auto updates this week: Harley’s ₹91 lakh bike, India’s first dual-purpose e-bike, Volvo XC90 facelift

The automotive industry witnessed significant launches and updates this week. Harley-Davidson introduced its most powerful and expensive bike, the CVO Road Glide RR, while Volvo unveiled the XC90 facelift. Additionally, Ultraviolette launched its electric scooter and motorcycle at a discounted price for a limited number of initial customers. Harley-Davidson Powerhouse Bike Harley-Davidson launched its most … Read more