In response to decelerating demand and declining market share, Ola Electric is allegedly preparing for yet another massive reduction in its physical store footprint. Several news agencies have reported that by the end of March, the corporation plans to reduce its shop network to approximately 550 stores. Following a previous
With the introduction of its subsidiary 'Exponent One,' the electric vehicle quick-charging startup Exponent Energy has entered the electric vehicle financing area. Now it will provide funding options to commercial EV operators. Venture capital firm AdvantEdge has invested $2 million (about INR 18.2 crore) in Exponent Inc.
To combat the country's dismal sales performance, electric vehicle (EV) giant Tesla India announced a number of new efforts, including an EMI programme, on February 3. Electric vehicles are replacing petrol and diesel vehicles, and Tesla is giving a 3 lakh Indian rupee (INR) exchange bonus to clients
In order to meet the growing demand for the Chinese automaker's electric vehicles, BYD Co. is considering possibilities to expand in India, including local assembly. Due to import limits, the company is considering local assembly in India and is seeking to get local safety and regulatory approvals for
The chief financial officer (CFO) of Ola Electric, a manufacturer of electric vehicles (EVs), Harish Abichandani, has resigned. He resigned for "personal reasons". The listed electric two-wheeler (E2W) manufacturer also announced the appointment of former Puravankara (real estate developer) executive Deepak Rastogi as the new CFO in a
On 14 January, Ola Electric declared that its 4680 Bharat Cell platform would be expanded. As part of the effort, companies and startups can now buy the 1.5 kWh 4680 Bharat Cell battery pack or the 4680 Bharat Cells directly for use in portable medical devices, humanoids, automobiles, and
Under its Hyperservice programme, Ola Electric announced on 1 December the nationwide deployment of its in-app service appointment function, which allows users to easily schedule vehicle maintenance. The company's dedication to providing an open, practical, and customer-focused service experience is reinforced by the new feature. The Ola Electric
According to various media reports, Volkswagen AG is looking for a local partner to help increase its meagre market share while cutting the expenses of producing electric vehicles in India by a third. As reported by multiple media outlets, the local branch of the largest carmaker in Europe has reduced
In reaction to recent media accusations claiming a technological breach involving a former LG Energy Solution official, Ola Electric Mobility Ltd. has released an explanation. Declaring that the claimed pouch cell technology is neither a priority of its research nor a component of its business strategy, the corporation rejected the
On October 15, Ola Electric shares are anticipated to be the subject of attention due to signs that the firm plans to enter the energy sector in addition to its primary electric vehicle business. Ola Electric, the largest pure-play EV firm in India, said in an official statement that it
Under the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) programme, the Ministry of Heavy Industries (MHI) has released the operating rules for the installation of EV public charging stations (EV PCS). Under the PM E-Drive programme, the government had set aside INR 2,000 crore to
The four-year journey that once promised to revolutionise India's pre-owned two-wheeler business has come to an end with the closure of Bengaluru-based Beepkart. According to a statement posted on the startup's website, BeepKart is still totally dedicated to helping its current clients. We appreciate your participation
On August 11, 2025, Tesla formally opened its second dealership in India at Worldmark 3, Aerocity, New Delhi. The well-liked Model Y electric SUV, which is available in two versions—Rear-Wheel Drive (RWD) and Long Range RWD—will be on display at the new Tesla dealership in Delhi. This development
India's auto industry is clearly changing due to trends in urban consumption, fiscal consolidation, and unequal rural recovery. With trends shifting every quarter, the third-largest auto market in the world is also one of the most volatile. According to a recent study, the first quarter of FY 2025–
In an effort to capitalise on the expanding Indian market for electric vehicles, Vietnamese manufacturer VinFast launched its first showroom in India on 27 July in Surat, Gujarat. The company's electric SUV models VF 6 and VF 7, which will be introduced as right-hand drive versions for the
AI and electric vehicle concept is getting really popular around the globe. As the people are getting more aware about sustainability and its long term value, they are opting for more solutions and products that are friendly to the environment. Stretching on the same line and within the framework of
Car servicing startup Gomechanic is getting ready to roll out dedicated electric vehicle workshops across key metro cities in India, including Delhi, Mumbai, Chennai, Bengaluru, and Hyderabad, amongst others, in the near future. This venture is being undertaken with the intention of capitalising on the growing demand for electric vehicle
With an outlay of INR 3,435.33 crore, the "PM-eBus Sewa-Payment Security Mechanism (PSM) scheme" for the procurement and operation of e-buses by Public Transport Authorities (PTAs) has been approved by the Union Cabinet, which was headed by the Prime Minister Narendra Modi. From fiscal year 2024-25
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Ola is a Bengaluru-based ride-sharing company that only a few people are ignorant of. Ever since Ola cabs became operational in all the major cities throughout India, it has become our go-to option. Along with the US-based Uber, Ola is one of the most dominating ride-sharing companies that offers the
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The concern for the environment had led people to increase their interest in electric vehicles. Not only this, but the cost of fuel can also decrease as all it needs are electric-drive components. As per reports, the worth of the electric vehicles market would be INR 475 Billion by 2025.
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> The article is contributed By Vikash-Mishra, CEO and Co-founder of Moeving. Animals, especially horses, have been central to transportation for a millennium. We humans had built our entire mobility infrastructure to suit this mode of transportation. However, when the modern car came into existence in the early 1900s, it
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Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by MoEVing. Electric Vehicles have brought revolution in automotive industry. The electric vehicle industry in India is a growing fastly. The EV market in India was
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The world is moving really fast. It was never in history that we had the luxury to learn about anything in the world from the comfort of our homes. The information that we deal with (on a daily basis) is immense. All of this just doesn’t come up out
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Tesla is an electric vehicle producer headquartered in California. It was founded by Martin Eberhard and Mike Tarpenning in 2004. The company was named as a tribute to electrical engineer Nikola Tesla. In February 2004, via a US$6.5 million investment, X.com co-founder Elon Musk became the largest