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Hero Motocorp Ltd: Like many other industries, vehicle makers have also begun talking about sub-segmentation and premiumisation within rural markets now, after adopting this strategy for urban consumers. ....
Ivoomi: After the discount its models Jeetex is available at INR 89,999 (ex-showroom), S1 at INR 79,999 (ex-showroom) and S1 2.0 at 82,999 (ex-showroom), the company said. ....
Ather Energy: Cities like Nagercoil, Cuttack, Malappuram, Kozhikode and Bhubaneswar have Ather owners logging approximately 40 km a day on average.Bengaluru topped the list by logging 62.27 million trips, covering 218.5 million km with an average distance of 5,387 km per scooter, the company said. ....
However, the company did not disclose the related party transactions in its DRHP for an IPO worth over INR 7,000 crore, which was filed in December last year, reports Mint. The draft papers carried Ola Electric s financial statements till June 30, 2023. ....
EV Space: The Indian electric vehicle (EV) sector would continue to face regulatory, technology and market headwinds in 2024, said industry officials. ....