India conglomerate Jio has partnered with Taiwanese fabless semiconductor giant MediaTek to supply the booming electric scooter market with digital dashboards. The partnership, which was announced Thursday at an industry event in New Delhi, will bring chips supplied by MediaTek and an Android-based operating system along with hardware developed by Jio to electric scooters in […]
India’s electric two-wheeler startups surge to over 150 players as government revs up EV push
The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, according to a new analysis. The influx has intensified competition in a segment expected to grow 15-20 times to annual sales of 15-20 million units […]
Yamaha Motor fuels River’s ambitious electric SUV two-wheeler rollout in India
River, an Indian startup manufacturing electric two-wheelers, has raised $ 40 million in a funding round led by Japan’s Yamaha Motor as the nearly three-year-old startup looks to increase R&D spending and expand the market presence of its first electric ‘SUV’ two-wheeler in India. The all-equity Series B round also saw participation from startup’s existing […]