Fisker reports higher orders, maintains annual production target

Fisker said reservations for the first model of Ocean rose to more than 65,000 as of Feb. 24, 2023, from 62,000 as of Oct. 31, 2022. Electric-vehicle startup Fisker Inc on Monday flagged increased orders for its sports utility vehicle Ocean and maintained its production forecast for the year, sending its shares higher by 7%… Continue reading Fisker reports higher orders, maintains annual production target

Nandan Nilekani backed Divgi TorqTransfer floats IPO to raise funds amidst bruises from Russia and China exports

Nandan Nilekani backed Divgi TorqTransfer floats IPO to raise funds amidst bruises from Russia and China exports Pune-based Divgi Torqtransfer Systems, which bought out its joint venture partner BorgWarner in 2016, announced raising funds through an initial public offering (IPO) route in order to fund its expansion plans.  Divgi, a supplier of system-level transfer cases, torque couplers,… Continue reading Nandan Nilekani backed Divgi TorqTransfer floats IPO to raise funds amidst bruises from Russia and China exports

Nandan Nilekani backed Divgi TorqTransfer floats IPO to raise funds amidst bruises from Russia and China exports

Nandan Nilekani backed Divgi TorqTransfer floats IPO to raise funds amidst bruises from Russia and China exports Pune-based Divgi Torqtransfer Systems, which bought out its joint venture partner BorgWarner in 2016, announced raising funds through an initial public offering (IPO) route in order to fund its expansion plans.  Divgi, a supplier of system-level transfer cases, torque couplers,… Continue reading Nandan Nilekani backed Divgi TorqTransfer floats IPO to raise funds amidst bruises from Russia and China exports

Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

Yulu, India’s largest shared electric mobility player plans to invest $500 million in the next three years as it aims to have a fleet of one million electric two wheelers in operation by 2025. With the production at Bajaj Auto’s factory in Akurdi commencing, Yulu intends to ramp up its fleet to 50000 units by… Continue reading Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

Yulu, India’s largest shared electric mobility player plans to invest $500 million in the next three years as it aims to have a fleet of one million electric two wheelers in operation by 2025. With the production at Bajaj Auto’s factory in Akurdi commencing, Yulu intends to ramp up its fleet to 50000 units by… Continue reading Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

UPDATE 1-Fisker reports higher orders, maintains annual production target

(Adds executive comment from conference call, updates shares) Feb 27 (Reuters) – Electric-vehicle startup Fisker Inc on Monday flagged increased orders for its sports utility vehicle Ocean and maintained its production forecast for the year, sending its shares higher by 26% in early trading. Demand for electric vehicles has surged globally as countries seek to… Continue reading UPDATE 1-Fisker reports higher orders, maintains annual production target

Fisker reports higher orders, maintains annual production target

Feb 27 (Reuters) – Electric-vehicle startup Fisker Inc on Monday flagged increased orders for its sports utility vehicle Ocean and maintained its production forecast for the year, sending its shares higher by 7% in trading before the bell. Demand for electric vehicles has surged globally as countries seek to tackle climate change by opting for… Continue reading Fisker reports higher orders, maintains annual production target

EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues Yulu, India’s largest shared electric mobility player plans to invest $500 million in the next three years as it aims to have a fleet of one million electric two wheelers in operation by 2025. With the production… Continue reading EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues Yulu, India’s largest shared electric mobility player plans to invest $500 million in the next three years as it aims to have a fleet of one million electric two wheelers in operation by 2025. With the production… Continue reading EV shared mobility specialist Yulu plans to invest $500 million in three years, eyes 10X growth in revenues

Fisker reports higher orders, maintains annual production target, article with image

Feb 27 (Reuters) – Electric-vehicle startup Fisker Inc (FSR.N) on Monday flagged increased orders for its sports utility vehicle Ocean and maintained its production forecast for the year, sending its shares higher by 7% in trading before the bell. Demand for electric vehicles has surged globally as countries seek to tackle climate change by opting… Continue reading Fisker reports higher orders, maintains annual production target, article with image