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Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

Bounce Infinity, an electric scooter and removable battery company, has raised $20 million from existing investors, including Sequoia. Co-founder and CEO of the company, Vivekananda Hallekere, confirmed that the Bangalore-based company has completed its first tranche. Hallekere said it was not in talks to sell the company.

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Hero Cycles delivers first batch of made in India electric bicycles to Germany 

Electric Vehicles India

The shipments mark a step towards establishing Hero Motors as the largest fully integrated e-bike company in Europe. . The company expects to grow its figures and it aims to become a new leader in the European market. Hero Cycles has also established a digital supply chain company-Hero Supply Chain (HSC).

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Prevail Electric Mobility to Increase Their Production Capacity

Get Electric Vehicle

Prevail Electric Mobility, an affiliate of French lubricants firm FRVelion, would build up an additional production plant in India for electric two-wheelers to fulfill demand in the nation as well as cater to the Nepal and Sri Lankan markets according to a top business official. . Plans Expansion Before Launching.

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‘The macroeconomic landscape hasn’t been ideal this year:’ Raman Mittal | Autocar Professional

Baua Electric

The value proposition lies in the enhanced capabilities of these higher horsepower tractors, making them a preferred choice for both companies and customers. Building trust with our dealers and customers has been crucial. The number of dealers we have now is more or less similar to when our volumes were at around 60,000 tractors.