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In 2019, bike rental startup Bounce was all the rage — it bagged funding from Silicon Valley heavyweights, their yellow scooters were seen all around some of the big cities, …
Bounce spent Rs 277 Cr to make Rs 15 Cr in FY22 Read More
Battery materials and recycling startup Redwood Materials has secured a conditional commitment for a $2 billion loan from the Department of Energy as part of the Biden administration’s bid to …
Redwood Materials lands $2B conditional loan from DOE Read More
B2B delivery and shared mobility startup, Zypp Electric has raised $25 million in a Series B round led by Taiwan-based battery-swapping platform Gogoro. This is the first funding round for …
Zypp Electric bags $25 Mn in Series B round Read More
Arrival is going through another restructuring — this time led by a newly appointed CEO — that will slash its workforce by about 50% as the U.K.-based commercial EV company …
EV company Arrival to cut workforce by 50% in third restructuring effort Read More
Electric vehicle-focused advanced battery platform Log9 Materials has raised over $11 million in what appears to be an extended Series B round led by PTV International Ventures. SiriusOne Capital, Cornerstone …
Exclusive: Log9 Materials scoops up over $11 Mn in fresh round Read More
Leaving behind Okinawa, Ampere, and Ather Energy, Hero Electric has ascended to the top position in the electric vehicle ecosystem in terms of revenues during FY22. Okinawa, Ampere, and Ather …
Hero Electric leads in revenues from e-bike makers in FY22 Read More
Rivian and Mercedes-Benz have paused plans to produce electric commercial vans in Europe just three months after the two automakers announced the partnership. Rivian shares fell as much as 3.4% …
Rivian and Mercedes ‘pause’ plans to produce electric commercial van Read More