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News
Maharashtra govt may bring Swiggy, Zomato, Zepto under bike-taxi rules
2+ hour, 4+ min ago (341+ words) Proposed changes could require delivery platforms to run EV fleets, track vehicles, provide insurance, and contribute 2% of each ride's fare to a driver welfare fund Food delivery and e-commerce platforms such as Swiggy, Zomato and Zepto could soon come under…...
China's robots know Kung Fu and can scale walls. Can they woo investors?
16+ hour, 8+ min ago (367+ words) Chinese humanoid robot maker Unitree Robotics is set to raise about $900 million through a Shanghai IPO, as investor interest in embodied AI and robotics continues to grow. Unitree Robotics may be little known outside China Its robots are not Millions…...
Ola Electric's Q1FY27 loss narrows to Rs 336 crore as revenue falls 45%
19+ hour, 7+ min ago (429+ words) Vehicle deliveries nearly doubled sequentially to 39,192 units and market share recovered to 8.4 per cent, even as revenue declined 45 per cent from a year earlier...
Ola Electric Q1 net loss narrows to Rs 336 crore
20+ hour, 29+ min ago (597+ words) Ola Electric Mobility reported a net loss of Rs 336 crore in Q1 FY27, compared with a net loss of Rs 426 crore in Q1 FY26. Revenue from operations declined 45.0% year-on-year (YoY) to Rs 455 crore in Q1 FY27 as against Rs 828 crore in Q1 FY26. Gross profit stood at Rs…...
EV retail sales hit record high in July as adoption gathers pace
20+ hour, 45+ min ago (327+ words) EV retail sales rose 66 per cent year-on-year to 327,901 units in July, pushing penetration to nearly 12 per cent as adoption accelerated across vehicle segments. India's electric vehicle (EV) market recorded its strongest monthly retail performance in July, with sales rising 66 per…...
Ola Electric Q1 results: Loss narrows to ₹336 crore on higher EV sales
21+ hour, 9+ min ago (212+ words) The results come as demand for electric two-wheelers remains strong in India, with analysts expecting the segment to continue gaining share of the broader two-wheeler market Ola Electric on Friday reported a narrower first-quarter loss, helped by higher electric two-wheeler…...
eTruck sales surge 12-fold in July; Olectra eyes entry into the space
21+ hour, 33+ min ago (72+ words) electric truck imports, truck tractor import duty, electric prime movers, Ministry of Heavy Industries, SIAM, CBIC, Customs duty, China EV imports, dumping concerns, PM E-DRIVE, Tata Motors, Ashok Leyland, Montra Electric, Blue Energy Motors, commerc eTruck sales surge 12-fold in…...
Electric truck sales surge as fuel prices rise; Olectra eyes entry
22+ hour, 20+ min ago (424+ words) Electric truck registrations jumped twelvefold YoY in July as rising fuel costs improved EV economics, prompting Olectra to target around 1,000 units in FY28....
Electric vehicle retail sales break record at 327,901 units in July: Fada
23+ hour, 56+ min ago (272+ words) Electric vehicle retail sales in India reached another monthly record at 327,901 units in July, growing at 66 per cent over the same month last year, with nearly one in eight vehicles retailed now being electric, Federation of Automobile Dealers Associations said…...
Montra Electric, TVS VMS deploy 57 e-trucks, target 300-plus in FY27
1+ day, 15+ min ago (338+ words) TVS VMS will deploy the first batch of Rhino electric heavy commercial vehicles on a 190-km freight route in Chhattisgarh, supported by dedicated charging stations Montra Electricâs electric medium and heavy commercial vehicle (eM&HCV) division on Friday announced…...