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River Mobility Secures $120 Million In Series C Funding
August 05, 2026
The company plans to utilise the capital to expand manufacturing capacity at its factory, construct a greenfield production facility, introduce products in the utility vehicle segment and support margin expansion and EBITDA targets.
MT Bureau
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Ather Energy’s New Mass Market E-Scooter Called Konarc, Launch On 29 August
August 05, 2026
While most details are still under wraps, the upcoming scooter is intended to address the price segment of INR 100,000 to INR 125,000.
MT Bureau
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Hyundai Motor India Launches Assured Buyback Scheme For Creta Electric
August 04, 2026
The initiative follows the company's introduction of its Battery-as-a-Service (BaaS) model for the Creta Electric, which carries an entry price of INR 1.09 million with battery rental rates starting at INR 3.9 per kilometre to lower upfront purchase costs
MT Bureau
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Indofast Energy Partners Zeon Charging To Expand Battery Swapping Infrastructure
August 04, 2026
As per the understanding, Indofast Energy will deploy its Quick Interchange Stations (QIS) across Zeon Charging's network of sites, including shopping centres, metro parking facilities, and commercial hubs in Bengaluru, Hyderabad and Chennai.
MT Bureau
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BYD India Launches Festive Ownership Benefits Ahead Of Peak Buying Season
August 04, 2026
BYD India, a subsidiary of new energy vehicle (NEV) manufacturer BYD, has unveiled a new festive campaign, titled ‘Celebrate Your Dreams with BYD,’ ahead of the country’s key automobile buying season. The initiative is designed to enhance the appeal
MT Bureau
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Ather Energy Losses Narrows To INR 510 Million In Q1 FY2027
August 03, 2026
In Q1, the company sold 83,173 electric two-wheelers, up 80.5 percent compared to same period last year. Non-vehicle operations, including software subscriptions, charging infrastructure, spare parts and service offerings, contributed 14 percent to operat
MT Bureau
