Around 14.22 crore of Ola Electric Mobility shares, which amounts to 3.23 percent equity, exchanged hands at Rs 51.4 per share.EV player Ola Electric Mobility Ltd shares sank over seven percent after a large block deal involving shares with Rs 731 crore took place in the morning session on Tuesday, June 3.Around 14.22 crore shares, which amounts to 3.23 percent equity, exchanged hands at Rs 51.4 p...

Amara Raja Energy & Mobility shares climbed as much as 4.5 percent to reach Rs 1,275 in morning trade on December 2 after the company announced that Hyundai Motor India would adopt AMARON’s Absorbent Glass Mat (AGM) battery technology across its domestic vehicle lineup.These AGM batteries, designed for Starting, Lighting, and Ignition (SLI) purposes, will be supplied under Hyundai’s existing p...

The mobile phone’s operating system market is currently ruled by two majors- Android and iOS. This could soon change in India as the government is readying an indigenous version of operating system for mobile phones. According to a report from Business Standard, the government is working on a new project named ‘IndOS’- a homegrown mobile operating system to compete against Apple and Google i...

The EV startup segment has attracted close to $1 billion investment in 2022 and if industry perspective and investor sentiment is any indication, the segment is set for even massive fund inflow in 2023.Given the rising interest in clean tech, there is a growing inflow of funds in technologies and companies working on clean mobility and the infrastructure. But apart from the climatic requirement a...

In the past, we had anticipated that the industry size for FY2023 would be roughly about 600,000-700,000 electric two-wheelers, which was about 4-5% of the two-wheeler market. Last year electric two-wheeler sales were about 250,000 units, so even if we finish at 700,000 this year, there will be 3x growth. And from here on, doubling it to next year directionally seems logical.We see the robust gro...