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Autonomous delivery startup Nuro pivots and another Indian EV scooter startup takes the IPO road

TechCrunch LogoTechCrunch10h ago

Autonomous delivery startup Nuro pivots and another Indian EV scooter startup takes the IPO road - TechCrunch

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India’s electric vehicle market — largely made of two-wheelers — has been white-hot thanks to a combination of rising fuel prices and government incentives aimed at reducing tailpipe emissions.

Ather Energy, an Indian electric scooter manufacturer that competes with recently listed rival Ola Electric, plans to raise about $530 million in its initial public offering.


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Article Details

Author / Journalist: Kirsten Korosec

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 17:05:00 (10 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1617 words

Reading Time: 9 minutes read

Sentences: 81 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22474287

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