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Ola Electric acquires Etergo, Will Launch its Electric Scooter Globally

28May By NitishNo Comments

ACQUISITION

Ola Electric acquires Etergo, Will Launch its Electric Scooter Globally

Bengaluru, 28 May 2020: Ola Electric announced the acquisition of Etergo BV, an innovative electric scooter based out of Amsterdam, the Netherlands. With this acquisition, Ola Electric has also announced its entry into the premium electric two-wheeler market, both globally and nationally. Founded in 2014, Etergo has developed an all-electric state-of-the-art AppScooter, which has won multiple awards across the world for its innovative design and engineering at CES 2019 and Automotive Brand Contest, Germany amongst others. First revealed in 2018, the AppScooter uses swappable high energy density batteries to deliver a range up to 240km and class-leading acceleration. Electric two-wheelers are the most efficient and cleanest solution for urban mobility, which wi...

BattRE Launches Affordable Connected eScooter gps:ie

22May By NitishNo Comments

Automobile

BattRE Launches Affordable Connected eScooter gps:ie

App based User Interface. Key Features – GPS Tracking, Remote Immobilizer, Secure Park, Geofencing, Driving behavior and trip reports. Key Alerts – Tow alert, Crash alert, Speeding alert,Device status and Offline alert. Price starts from around $860 (Rs. 64,990) New Delhi, May 2020: With the positive sentiment of Indian EV industry which grew by 20% in the last fiscal & witnessing a strong demand Inspite of COVID 19; BattRE Electric Mobility Pvt Ltd, a technology driven EV startup has launched BattRE gps:ie, an affordable internet connected electric scooter. BattRE has partnered with San Jose California head quartered technology company Aeris Communications with country office in Delhi NCR for this affordable connected scooter. It is a SIM card based smart vehicle and is...

29May By AdityaNo Comments

FUNDING

Electric Scooter Startup Ather Energy Raises $51 million funding

Bengaluru based electric scooter startup Ather Energy has raised $51 million funding, led by Flipkart co-founder Sachin Bansal & others. Sachin Bansal invested $32 million, Hero MotoCorp converted its Convertible Debt of $19 million as a part of this round. “Electric vehicles are here to stay and Ather is playing a leading role in driving this change. Sachin has been part of our growth journey and this investment is a strong endorsement of the momentum we’ve built over these years. Post the successful launch in Bengaluru, we are eager to reach out to consumers in other cities and to build more products that will excite consumers to switch to electric vehicles. The changing landscape of personal transport has also offered us more opportunities and you will hear about the new busi...

Germany-based E-Scooter Startup Raises $12 million from Ponooc

30Oct By Gauri SinghNo Comments

FUNDING

Germany-based E-Scooter Startup Raises $12 million from Ponooc

Germany-based startup Unu has secured an amount of $12 million in a financing round. This particular round was led by Ponooc. The round also saw participation from existing backers like Capnamic Ventures, Iris Capital, Michael Baum and NRW.BANK. With this, the company is planning to to release a second generation of its product, however, it hasn’t disclosed much yet. Unu is working on connected vehicles so that Unu could work with scooter-sharing services. The company is basically concerned with been building electric scooters and is working on new products and services. For the past five years, Unu has sold 10,000 scooters. The company is one of the most popular and successful European manufacturers of electric vehicles with Govecs, BMW and others. In comparison with electric car...

Ather Energy Commences the Delivery of its Electric Scooter

12Sep By Gauri SinghNo Comments

News

Ather Energy Commences the Delivery of its Electric Scooter

After a successful launch and five years of being in existence, Ather Energy has officially commenced the deliveries of its flagship electric scooter, the Ather 450, in Bengaluru. The Bengaluru-based startup invited a select few customers to the company's final assembly unit to hand them the keys to their Ather 450 electric scooter. Also, the company had set up private charging stations at the customers’ residences prior to the delivery of its intelligent electric scooters. With this, the owners of the electric two-wheelers will have free charging available both at home and across the city. Tarun Mehta, Co-founder and CEO said, “The past few weeks have been incredible for everyone at Ather Energy. Today marks the real launch of the company as consumers take their ﬁrst scooters home and...