Why do some E2W/L-category vehicle startups get massive funding, while many die without support? What do investors look for? Does everything make sense? What makes startups attractive? We dug through 15+ years of funding data to identify trends. Then, the question: What is the RoI for investors?
Daily News Impact 07-APR-25: In this edition: 1. Ola Inflated February Sales Numbers; 2. Niu Has a Strong Jump in Sales Volumes
Niu Technologies has reported a 57% jump in sales volumes in Q1 2025 on a year-on-year basis, with unit sales crossing 203k units. This was mostly driven by the Chinese market where sales volumes jumped by 66%.
Since we now do regular publishing nearly every week day, we decided to move the Weekly Newsletter to Saturdays. It is now the Weekender and we would focus on things that we could not talk about all week but important developments, nonetheless.
Updated: The TVS-ION Part of this post was updated on 5th April. Daily News Impact 04-APR-25: In this edition: 1. TVS (does not) acquire ION Mobility, and we look at their mashup of strategic investments till now; 2. Damon hires Engines Engineering; 3. Ola solves vehicle registration
Daily News Impact 01-Apr-25: The Indian E2W market hit an all-time high in Mar 2025 - Everyone had a great month except Ola Electric; Yamaha buys Brose e-bike drive unit;
Daily News Impact 31-Mar-25: Honda has announced the commencement of production of the ICON e: electric scooter in Vietnam. This is an important event - a global manufacturer starting local manufacturing of an electric scooter in one of the hottest E2W markets in the world.
26-Mar-25: Honda has an electric motorcycle...sort of. Is Zapp Electric to get delisted? Ola Electric coughs up supplier dues. Argentina extends ABS by six months
What will make an electric scooter go faster and longer? The motor and the pack are Jell-O: poke at one end, and the other gets distended; one can either solve for speed or range. But weight is magical - lower that, and everything improves. However, tubular construction has limits.
The African market is fast becoming the global hotspot for new products and entrants. If you build a good sports utility motorcycle for Africa, you can do so for the world. This week, we sat down with Michael Spencer of Zeno, who is weeks away from launching their first electric motorcycle.
If going electric has to enable mobility for the masses, there is no stronger fit than Africa, where millions of Bodas (bike taxis) would benefit immensely from electrification. We recently spoke with Michael Spencer of Zeno, the much-in-buzz Bengaluru-San Jose-Nairobi-based startup.
After two continuous years of decline in vehicle sales and revenue, Niu posted a relatively strong 2024 with a 24% improvement in revenue, riding on an increase in volumes in both China and international markets. However, the per unit revenue declined and the gross margin has collapsed.
