Ola Electric, the largest electric two-wheeler maker in India, jumped as much as 11.8% on its public debut Friday in what is the biggest listing among Indian firms in two years. Shares of the Bengaluru-based firm, which counts SoftBank and Temasek among its backers, jumped to 85 rupees ($ 1), higher than the upper price […]
Police Clarifies BTS Suga’s Electric Scooter Had A Seat
On August 7, media outlets reported that BTS‘s Suga is being investigated by the police for operating an electric scooter after drinking. BTS’s Suga Under Police Investigation For Drunk Driving A Scooter According to the police, Suga was found on the streets by himself on the night of August 6 after riding the electric scooter after drinking alcohol. […]
Indian startups Ola Electric, FirstCry gut valuations ahead of IPOs
Two large Indian startups, Ola Electric and FirstCry, are set to test investor appetite with their public listings this month, but both have had to price their shares below their previous valuations as they come to terms with new market realities. Ola Electric, India’s biggest electric two-wheeler maker, aims to raise over $ 730 million […]
Archer, Kakao Mobility partner to bring electric air taxis to South Korea in 2026
Archer Aviation is partnering with ride-hailing and parking company Kakao Mobility to bring electric air taxi flights to South Korea starting in 2026, if the company can get its aircraft developed in time. The move to South Korea is part of an international strategy that will also see Archer commercially launch in the United Arab […]
Indian EV startup Zypp Electric secures ENEOS backing to fund expansion to Southeast Asia
Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has exclusively learned. The company aims to be in 15 markets over the next two years. Of those 15 markets, Zypp Electric plans to launch its […]