OKINAWA SCOOTER

Electric two-wheeler sales soared in 2023-24, led by Ola Electric. Major players like TVS Motor and Bajaj Auto made significant strides. Despite challenges for some OEMs, the new EMPS aims to promote EVs with lower subsidies.

Ola Electric, TVS Motors, and Bajaj expanded their market share in FY24. Ola led with 35% in non-transport electric two-wheelers. The overall sales grew 30% to 9,41,583 registrations.

Powering the Kinetic Green Zulu e-scooter is a 2.27 kWh lithium-ion battery, which claims to offer a range of 104 km per charge. It is equipped with a 2.1 kW BLDC electric motor and can reach a top speed of 60 kmph. The battery can be charged up to ...

Several electric scooter startups in India are facing challenges and losing investor interest due to their reliance on Chinese parts instead of local sourcing. The government has demanded that six companies return subsidies worth $60 million for vio...

A senior government official said debarring these companies from availing government subsidies in the future as well as not allowing them to avail sops on vehicles sold over the last 15 months were some of the steps under consideration.

Following Ola’s decision to refund, all four companies are expected to refund the amount to the customers. Ola and Ather will be hit the most since they have sold the most vehicles.

Managing director Jeetender Sharma said the funds will be deployed to commission its third manufacturing facility, which will have a total installed capacity of one million units, to develop new products and to manufacture powertrains indigenously.

According to industry experts, the fall was due to the government's delay in disbursal of the FAME-II subsidy as multiple companies have come under the scanner for availing of the funds either by mispricing the EVs or importing components and passin...

Overall, monthly sales of electric two-wheelers have been under pressure the last few months as investigations are underway against a dozen electric two-wheeler makers for alleged violations of the local value-addition criteria while claiming subsid...

The company has been valued at $700-800 million after the round, sources aware of the development said.

Ola's e-scooter fire was among a spate of similar recent incidents that triggered an uproar on social media and an investigation by the government.

In what could put EV two-wheeler manufacturers in a tough spot, the preliminary findings from the government-constituted probe committee on electric vehicle (EV) fires have found issues with battery cells/design in nearly all of the electric two-whe...

The incidents have, not surprisingly, made many Indians wary of electric vehicles — the number of people who said they wouldn’t buy an electric scooter due to safety and performance concerns jumped eightfold to 17% in the seven months through March,...

The Road Transport and Highways Minister also acknowledged that the country's EV industry has "just started" and emphasised that the government does not want to put up a hurdle. "But safety is the highest priority for the government and there can be...

Nitin Gadkari in his missive had said that if any company is found negligent in their processes, a heavy penalty will be imposed and a recall of all defective vehicles will also be ordered.

Three of Okinawa's scooters have caught fire since October, resulting in two being injured. Ola Electric, Pure EV and Jitendra EV are other companies that have seen their electric scooters catch fire in the last three weeks. Ola Electric is still ye...

Three of Okinawa's scooters have caught fire since October, resulting in two being injured. Ola Electric, Pure EV and Jitendra EV are other companies that have seen their electric scooters catch fire in the last three weeks.

"We have asked an independent expert... to check (on) what are the actual reasons and circumstances," Giridhar Aramane, secretary of ministry of road transport and highways, told TOI.

Transport Secretary, Armane Girdhar had told reporters on Tuesday that an independent agency will be probing the explosion/fire instance in the Ola S1Pro e-scooter on March 26, 2022 in Dhanori Area of Pune, Maharashtra. The fire/explosion in Okinawa...