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Automobile

First Successful Flight of Volocopter's VoloDrone

October 12th, 2021

HAMBURG, Germany, Oct. 12, 2021-- Volocopter's electric heavy-lift drone VoloDrone conducted its first public flight today at ITS World Congress 2021. Together with the international logistics leader DB Schenker, Volocopter, the pioneer of urban air mobility (UAM), demonstrated VoloDrone's seamless integration into the logistics...

Automobile

Ola Sold Electric Scooters Close to $100 Million on a First day

September 16th, 2021

Ola Electric sold scooters worth close to $100 million on the first day of the sale of its model S1.

Automobile

Mercedes Benz Ready to go all Electric, Plans for eight Gigafactories

July 22nd, 2021

Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the world's pre-eminent luxury car company is accelerating toward an emissions-free and software-driven future. By 2022, Mercedes-Benz will have battery electric vehicles (BEV) in...

Automobile

Ola Electric raises $100 million long term debt

July 12th, 2021

India’s largest mobility platform Ola raises $100 million in debt funding for its EV unit OLA Electric.

Automobile

Air taxi startup Volocopter gains key production certification in Europe

July 7th, 2021

Volocopter has production organization approval in compliance with the European Union Aviation Safety Agency.

Automobile

Flying Taxi Platform Volocopter eyes fresh capital, SPAC an option

March 22nd, 2021

BERLIN, 3/22/2021: German air taxi startup Volocopter plans to raise fresh funds from investors, its Chief Executive Florian Reuter said on Thursday, adding that a deal to go public via a special purpose acquisition company was one option. Volocopter this month tapped investors led by U.S. asset manager Blackrock for 200 million...

Automobile

Volvo will make only EVs by 2030; will be sold exclusively online

March 2nd, 2021

Volvo says it is phasing out all cars with internal combustion engines including hybrids and will make only electric vehicles by 2030.

Automobile

Ola Invest $326 Million to setup World's Biggest eScooter Plant

December 14th, 2020

Ola inked an agreement with the Tamil Nadu government to invest $326 Million for setting up the world's biggest electric scooter factory.

Automobile

Okinawa discontinues lead-acid battery scooters to sell lithium-ion Version

December 10th, 2020

Okinawa discontinued the sale of lead-acid battery-based scooters and will be focusing on the lithium-ion versions only.

Automobile

Ather Energy discontinues Ather 450 scooter

November 28th, 2020

Ather Energy decided to stop the production of the Ather 450 scooter and replace it with news Ather 450X and Ather 450 Plus.

Automobile

Volvo Trucks launches range of Electric Trucks for European Market

November 5th, 2020

From 2021 onwards Volvo Trucks will sell a complete range of battery-electric trucks in Europe for distribution, refuse, regional transport and urban construction operations.

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