Total Bulletin’s Post

Ola Electric to bring three-wheeler to market soon: EV manufacturer Ola Electric is all set to launch its electric three-wheeler (e-rickshaw) later this year. The firm is likely to price its EV 3W more competitively to target market leaders like Mahindra, Piaggio, and Bajaj. According to a CNBC TV 18 report, Ola Electric Mobility aims to establish several hundred non-company-owned outlets to deepen … Continue reading "Ola Electric to bring three-wheeler to market soon" The post Ola Electric to bring three-wheeler to market soon appeared first on Entrackr. #startupnews #startups

Pre-orders are now open for TUAL | Powerbank Pro-Charging ! Only 5.9% of new vans sold in 2023 were electric, a long way short of the 10% ZEV mandate for 2024. TUAL | Powerbank Pro-Charging helps commercial fleets transition to eLCV by providing:- ⚡ Range Extension ⚡ ReCharging ⚡ Portable Power TUAL is raising a £2m seed round to fulfill pre-orders and strong interest from 20+ European fleets, generating revenue in H2 2024 and profitability in 2025. Philip Clarke is the CEO and Founder of TUAL and you’ll find him and the team at stand 5F30 at the Commercial Vehicle Show this week Read more from Transport + Energy here https://lnkd.in/edthFDJd Philip Clarke Claire Miller Simon King Daniel Buchegger Ian Richardson Curtis Hutchinson Chas Hallett Gresham House Karandeep Singh Langford Bhogal Link Capital Porsche Ventures The Pearl Family Office InMotion Ventures Infracapital Hitachi Ventures HELLA Ventures Future Energy Ventures Zero Carbon Capital Syafiq Johari Amber Infrastructure Limited Fontinalis Partners Ecosystem Integrity Fund Move Energy 24Haymarket Autotech Ventures QVentures #venturecapital #startups #sustainability #entrepreneurship #management #greentech #automotiveindustry

Ola Electric can achieve EBITDA breakeven by FY27: Goldman Sachs: Ola Electric, the Bengaluru-based electric vehicle (EV) manufacturer, is projected to reach EBITDA breakeven by the fiscal year ending March 2027, according to a recent report by Goldman Sachs.  The company is expected to see its revenue grow at 2.5 times the current rate, with a fivefold increase in vehicle volume over the next three … Continue reading "Ola Electric can achieve EBITDA breakeven by FY27: Goldman Sachs" The post Ola Electric can achieve EBITDA breakeven by FY27: Goldman Sachs appeared first on Entrackr. #startupnews #startups

Bluwheelz Raises USD 1 Million To Drive Expansion In EV Market BluWheelz, a company providing tech-enabled logistics solutions for mid and last-mile delivery, has secured USD 1 million in bridge funding, led by Venture Catalysts. Other investors include FAAD, LetsVenture, and Chakra Growth Fund. Covering operations in 18 cities, BluWheelz offers a wide range of vehicle options, including 2-wheelers, 3-wheelers, and 4-wheelers. The company aims to set itself apart by incorporating 6-wheelers into its fleet, pioneering electric vehicle (EV) fleet services in the country. Apoorva Ranjan Sharma, Co-founder, and Managing Director of Venture Catalysts, expressed confidence in BluWheelz’s innovative approach and commitment to environmental sustainability, stating that the company’s growth trajectory […] - https://lnkd.in/gnZH5EJ6 #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #bluwheelz #electricvehicles #ev #evfunding #india

Ola Electric’s two-wheeler market share falls to 27% in September: Ola Electric, an electric two-wheeler manufacturer, has seen a decline in its market share over the past three months. The Bengaluru-based company’s market share dropped to 27% in September, down from 32% in August and 39% in the previous month. Ola Electric achieved its highest market share during Q1 FY25 (June quarter), reaching a milestone … Continue reading "Ola Electric’s two-wheeler market share falls to 27% in September" The post Ola Electric’s two-wheeler market share falls to 27% in September appeared first on Entrackr. #startupnews #startups

The Daily Guardian covers ElectroRide and talks about what we are doing to accelerate the EV adoption in India. #startups #entrepreneurship #futurism #sustainability #leanstartups #technology #investing #motoring #automotiveindustry #venturecapital #innovation ITV Ankur Nigam Tanay Goenka Tanuj Jain Rajendra Krishan

The Daily Guardian covers ElectroRide and talks about what we are doing to accelerate the EV adoption in India. #startups #entrepreneurship #futurism #sustainability #leanstartups #technology #investing #motoring #automotiveindustry #venturecapital #innovation ITV Ankur Nigam Tanay Goenka Tanuj Jain Rajendra Krishan

Cambridge-based startup, Nybolt, has developed a new 35kWh lithium-ion battery that can charge from 10% to 80% in just over four and a half minutes, significantly faster than the 20 minutes it currently takes some electric cars using a fast charger. This innovation brings the charging time closer to the two minutes it takes to fill up a gasoline-powered car. https://lnkd.in/eHS2RmJc? utm_source=brevo&utm_campaign=Daily%20Email%20-%202%20July%202024&utm_medium=email

"India's role in the EV sector is undergoing significant transformations, fueled by government initiatives like the FAME II subsidy scheme, with potential prospects for FAME III." Our Chairman Chetan Maini talks about the government's role in nurturing a growing EV industry, creating a conducive environment for innovation and healthy competition with a level playing field. Read more about how Indigenous start-ups are shaking up the Indian automotive industry, while creating history with their innovations! - https://lnkd.in/gEqbZJCs

Vietnamese #electricvehicle startup VINFAST will accept $3.4 billion USD in additional investment from its parent company by 2028. That will bring the total investment by the Vingroup parent to over $13 billion USD, with no clear path to commercial success in evidence. Today’s #ev market is differentiated by software and how it’s used to improve both the product and the ownership experience over time. #vinfast ‘s challenge will be to develop the #software and #telematic features and services that would differentiate the VF series in the marketplace. North American incumbent #oems #ford and #generalmotors are doing so already. AutoForecast Solutions LLC believes the time for VINFAST to make the needed investment in software is now. #softwaredefinedvehicle #evs #automotiveindustry #forecasting #autoforecastsolutions Loss-making EV firm VinFast to get $3.4 bln more funding from founder, parent company - https://lnkd.in/g3fDwNtC