These funds will be allocated to the expansion of Ola's EV business and the establishment of India's inaugural lithium-ion cell manufacturing facility in Krishnagiri, Tamil Nadu.
The Okaya EV Motofaast offers a range of up to 130 km on a single charge and gets features such as disc brakes front and rear and a 7.0-inch touchscreen.
Race Energy and Lohum have signed a strategic partnership to optimize EV battery waste management, targeting over 90% raw material recycling or repurposing.
The Bureau of Indian Standards (BIS) has approved Ather’s connector as the country’s first-ever combined charging standard for light electric vehicles, including two- and three-wheelers.