eBikeGo recently secured $3.5 million (over Rs. 27 crore) in a fresh round of funding, which in addition to the $1.5 million (over Rs. 12 crore) in pre-Series A funding from a combination of overseas and Indian investors, cumulatively standing at $5 million.
The E-Diggi is a brainchild of Ador Digatron, a joint venture between Ador Powertron and Digatron Power Electronics from Germany, which is headed by Ravin Mirchandani in India.
PM Modi also recalled Suzuki's association and contribution to India and appreciated the transformational role of Suzuki Motors in the automotive industry of India.
Ola Electric has increased the price of the electric scooter by Rs. 10,000, which effectively takes the price of the Ola S1 Pro to over Rs. 1.20 lakh (ex-showroom, Delhi).
Polestar increased its global presence to 23 markets, up from 19 at the end of 2021, putting the company on track to meet its target of 30 markets in aggregate by the end of 2023.
The new EV plant and battery manufacturing facilities from Hyundai represent an investment of approximately USD 5.54 billion and will break ground in early 2023.
