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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The Bengaluru-based startup is looking to widen its appeal with a more affordable, mass-market product. By doing so, can it take on rivals with deep pockets?
It’s an early January morning in Bengaluru and the darkened auditorium, at Palace Grounds, in the middle of the city, is packed with electric vehicle enthusiasts.
There’s a steady excited chatter as the 700-odd people—all owners of Ather Energy’s electric scooters—exchange notes as they wait for the event to kick off. Where they’re from, how long since they’ve gone electric, what they like best, predictions for what the company’s going to unveil. One man in the second row explains how a friend of his drove an Ather from Bengaluru to Delhi, a journey of some 2,000 kilometres, charging here and …
The EV maker is back for fresh capital as its businesses fail to generate enough to sustain themselves.
The emirate’s financial centre has surpassed the 10,000-company mark, Lucid Motors has a new investor, and digital assets are having a great week.
The Saudi-backed EV maker says claims of a possible collapse are untrue, but investors remain worried about the company’s future.
