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India's top e-scooter maker Ola Electric Mobility surged 20% on Friday to reach a valuation of 586.64 billion rupees ($6.99 billion), after it launched a new line of motorcycles and on bets it ...
Ola Electric was established in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent entity of Ola Cabs. [10] [11] The company was started to reduce emission and fuel dependency of Ola's cabs, and shift to mass electric mobility; a pilot program was launched in Nagpur in May 2017 by setting up charging stations across the city and procuring electric cabs, e-buses, and e-rickshaws ...
Ather Energy is an Indian electric two-wheeler manufacturer headquartered in Bangalore.It was founded by Tarun Mehta and Swapnil Jain in 2013. It currently manufactures electric scooters including the Ather 450 Apex, Ather 450S, Ather 450X, Ather 450X Pro, and Ather Rizta.
In 1975, Corbin built a battery-powered prototype street motorcycle called the City Bike. This motorcycle used a battery manufactured by Yardney Electric. [15] In June 1975, the first Annual Alternative Vehicle Regatta was held at Mt. Washington, New Hampshire. The event was created and promoted by Charles McArthur, an environmentalist. On June ...
In August 2019, the court lifted the ban and allowed the company to resume services in the state until the state government framed new regulations for bike taxi services. [23] In February 2019, more than 200 bike taxis belonging to Rapido and Ola Cabs were seized in Bangalore as the state transport department declared bike taxis to be illegal. [24]
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Ultraviolette has been rapidly expanding its network of dealerships across India, and has launched 11 new experience centers in a span of 5 months, including Kathmandu, Nepal. The experience centers, called the UV Space Stations and UV Space Pods, provide 3S facilities that offer sales, service and spares ensuring an end-to-end ownership ...
Ola Consumer, formerly Ola Cabs, is an Indian transportation company that provides ride-hailing services and operates other business verticals such as financial services and cloud kitchens. It is headquartered in Bangalore, and operates in 250+ Indian cities. A variety of venture capitalists including Softbank have large stakes in the company. [4]