Bangalore’s Ola Electric Raises $200 M at $5 B Valuation Updated On Tue, Jan 25th, 2022 by Saurenergy Ola Electric on Monday said it has raised over $200 million (about Rs 1,490 crore) from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others, valuing the electric vehicle maker at $5 billion. The funding arrives even as the firm has been struggling with production delays and battery issues in the early batches of e-scooters […] Read more
Fiat To Become Electric Only Vehicle Maker by 2030 Updated On Tue, Jun 8th, 2021 by Saurenergy Iconic Italian automaker Fiat Automobiles has announced plans to shift completely to making electric vehicles (EV) by the year 2030. Fiat also plans to phase out all ICE (internal combustion engine) vehicles by the beginning of 2025. Speaking of electric mobility at Fiat, its CEO, Mr. Olivier Francois was quoted as saying by Engadget, “It […] Read more
