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Tork Motors' electric dream hits funding block

Tork Motors' electric dream hits funding block

Shahkar Abidi and Ketan Thakkar     calendar14 Aug 2024

Once a promising EV startup, Tork Motors now faces layoffs, unpaid dues, and delivery delays, reflecting a wider shakeout in India’s EV startup world

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Ola Electric's maiden quarterly results paint a mixed picture News
Ola Electric's maiden quarterly results paint a mixed picture

autherSreejith Rajan calendar14 Aug 2024

For the first quarter of fiscal year 2025, Ola Electric reported revenue of Rs 1,644 crores, marking a 32.3% increase ...

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Hero MotoCorp earmarks Rs 1,000-1,200 crore as capex for FY25 News
Hero MotoCorp earmarks Rs 1,000-1,200 crore as capex for FY25

By Kiran Murali calendar14 Aug 2024

The automaker’s management noted that there will be new product launches in the premium motorcycle segment, scooter, a...

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India’s July PV wholesales fall 2.5% YoY, 2W dispatches rise 12.5%: SIAM News
India’s July PV wholesales fall 2.5% YoY, 2W dispatches rise 12.5%: SIAM

By Kiran Murali calendar14 Aug 2024

Domestic passenger vehicle dispatches in July declined to 3.42 lakh units from 3.50 lakh units in the year-ago period,...

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Hero MotoCorp working on hybrid technologies, says CEO Niranjan Gupta News
Hero MotoCorp working on hybrid technologies, says CEO Niranjan Gupta

By Kiran Murali calendar14 Aug 2024

“We are working on flex fuels, ethanol-based fuel technology. In the long term, there are hybrid technologies also bei...

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Hero MotoCorp Q1 FY25 earnings: Higher volume, realisation boost net profit News
Hero MotoCorp Q1 FY25 earnings: Higher volume, realisation boost net profit

By Kiran Murali calendar13 Aug 2024

The automaker reported a 36% on-year growth in its standalone profit to Rs 1,122.63 crore, primarily driven by double-...

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Updated Jawa 42 priced at Rs 1.73 lakh News
Updated Jawa 42 priced at Rs 1.73 lakh

By Gavin Rodrigues, Autocar India calendar13 Aug 2024

The engine receives mechanical changes.

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Royal Enfield reveals updated Classic 350 before September launch News
Royal Enfield reveals updated Classic 350 before September launch

By Rishaad Mody, Autocar India calendar12 Aug 2024

Updated Classic 350 gets LED lighting and USB-C port.

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India's electric revolution: A different road from the west? News
India's electric revolution: A different road from the west?

autherAutocar Pro News Desk calendar12 Aug 2024

EV transition in India has been driven by the highly value-conscious two-wheeler customer base in India, unlike in the...

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Kinetic Green raises USD 25 million from Greater Pacific Capital in Series A funding News
Kinetic Green raises USD 25 million from Greater Pacific Capital in Series A funding

autherAutocar Pro News Desk calendar12 Aug 2024

This is the first external equity fundraise by Kinetic Green.

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MOST READ

POLL OF THE MONTH

Can the legacy two wheeler manufacturers beat Ola and win the EV race?

Can the legacy two wheeler manufacturers beat Ola and win the EV race?

Yes

 

66.67%

No

 

33.33%

Total Votes : 3