Electric Two Wheelers News

The company aims to use debt as a new expansion funnel along with the current leasing strategy, as it plans to deploy 1.5 lakh electric scooters in India by 2025.

In its statement Ola said that the rider was speeding at the time of the accident and lost control due to panic braking.

The company says the recall is to inspect its scooters' battery, thermal, and safety systems.

Honda Motorcycle and Scooter India's future roadmap includes upgrading the Manesar facility to convert it into a global production hub for motorcycles, developing flex-fuel engines for India and introducing swappable batteries through its new vertical, Honda Power Pack Energy.

Hyderabad-based Pure EV recalls units of the Etrance+ and Epluto 7G range from the same batch as the unit that was involved in the incident.

These EVs will benefit from SUN Mobility's swap points, a few of which will be placed at select Terra Motors dealerships.

According to the draft policy, vehicles with swappable batteries will be sold without a battery, providing the benefit of lower purchase costs to potential EV owners.

While a global shortage of semiconductors has slammed auto makers, Gogoro CEO Horace Luke said that the company uses far fewer chips than electric car makers and still has a relatively small market concentrated in Taiwan.