Alt-Mobility Raises
India-based EV as a service company Alt-Mobility has raised an undisclosed amount from Beyond Capital Ventures.
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InsightEV Weekender: Week 19
Is Damon slipping away forever?
Gogoro is Running Against Time
As the Taiwanese energy company and scooter manufacturer delivered its Q1 2025 results, key metrics continue deteriorating without any recovery in sight. The biggest worry is that Gogoro is also depleting its cash reserves and eroding its market cap.
Brazil: The Big Market is About to Turn
Even with 1.9m two-wheeler sales in 2024 and a grid that is 90% green, Brazil has shied away from electric. Till now, that is. Things may be changing as major funds chase decarbonisation and startups sprout. We catch the green shoots and explore the country in a two-part series.
Yadea has a disappointing 2024
The world's largest electric two-wheeler manufacturer saw a double digit decline in both sales and profits., However, it continues to be the world's largest producer of electric two-wheelers bu a comfortable margin.
Kofa Raises Pre-Series-A Funding
Of all the electric motorcycle and battery swapping players, Kofa is one of the youngest. Yet, we have found them very distinctive, forward-looking, and somewhat of a trailblazer. Now, the Ugandan firm has raised its pre-Series-A round.
InsightEV Weekender: Week 18
This Weekender: LiveWire reported a disastrous Q1 2025 as sales plummeted to 33 units; TVS wins the Indian sales war for April, but things may change next month; Damon may get thrown out of Nasdaq as the stock races to zero; Gogoro buys time...
LiveWire Sinks Further
Your interpretation of LiveWire's Q1 2025 results depends on whether you consider the glass half-full or half-empty. Increasingly, it is evident that the company does not have a cost problem; it has a sales problem.
Reversion to the Mean?
It was a bad April for Indian E2Ws, with sales only touching 91,800 units in the month. This is in sharp contrast to March 2025, which saw sales cross 131,000 units. TVS took the lead in April as the musical chairs for numerical supremacy continued...
InsightEV Weekender: Week 17
This Weekender: We conclude our deep dive analysis on the investments in L-category electric mobility; Ather IPO takes off in two days; Yadea in Vietnam: KTM stops CF Moto distribution...
Ather IPO: The Hits and the Misses
Ather Energy, the oldest bona fide E2W start-up in India, is hitting the Indian bourses soon with a USD 350 million IPO at a valuation of USD 1.4 billion. This IPO comes in turbulent times, as global economies are embroiled in tariff wars, though the Indian E2W market hit a new high last month.
Are Investors Failing the Industry?
Continuing from last week: Innovation and technology were strong drivers of success in the ICE industry. However, the EV industry would be driven by distribution, reach, and scale in the future. As a result, investment focus would move from vehicles to deployment, and core technology development.
Yadea Commits Heavy to Vietnam
The world's largest electric scooter manufacturer is expanding its presence in Vietnam as the South-East Asian economy electrifies rapidly. On the anvil are new products, a brand new plant, and as much as USD 100m in investment.
InsightEV Weekender: Week 16
This Weekender: Our deep dive analysis on the investments in L-category electric mobility in the last 15-years, Livewire has a fleet program for law enforcement, Verge creates a world record, Conifer gets funded, Ultraviolette reaches UK...
A Few Baskets Get Most of the Eggs
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?
Sales and Financials
Gogoro is Running Against Time
As the Taiwanese energy company and scooter manufacturer delivered its Q1 2025 results, key metrics continue deteriorating without any recovery in sight. The biggest worry is that Gogoro is also depleting its cash reserves and eroding its market cap.
Gogoro is Running Against Time
As the Taiwanese energy company and scooter manufacturer delivered its Q1 2025 results, key metrics continue deteriorating without any recovery in sight. The biggest worry is that Gogoro is also depleting its cash reserves and eroding its market cap.
Yadea has a disappointing 2024
The world's largest electric two-wheeler manufacturer saw a double digit decline in both sales and profits., However, it continues to be the world's largest producer of electric two-wheelers bu a comfortable margin.
LiveWire Sinks Further
Your interpretation of LiveWire's Q1 2025 results depends on whether you consider the glass half-full or half-empty. Increasingly, it is evident that the company does not have a cost problem; it has a sales problem.
Ather IPO: The Hits and the Misses
Ather Energy, the oldest bona fide E2W start-up in India, is hitting the Indian bourses soon with a USD 350 million IPO at a valuation of USD 1.4 billion. This IPO comes in turbulent times, as global economies are embroiled in tariff wars, though the Indian E2W market hit a new high last month.
Niu Q1 Sales Jump on China 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%.
Alt-Mobility Raises
India-based EV as a service company Alt-Mobility has raised an undisclosed amount from Beyond Capital Ventures.
Yadea Commits Heavy to Vietnam
The world's largest electric scooter manufacturer is expanding its presence in Vietnam as the South-East Asian economy electrifies rapidly. On the anvil are new products, a brand new plant, and as much as USD 100m in investment.
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Pierer Mobility reports preliminary figures for 2024; Stefan Pierer exits as CEO
Pierer Mobility has reported preliminary key figures for 2024. As expected, revenues are down 29%, and dispatches to dealers declined by 21% even though the company says that inventory reduction is on. Importantly, Stefan Pierer has handed over the CEO responsibility to Gottfried Neumeister.
Pierer Mobility Finds Funding
At this time, it's not much.
Wk 4 2025 - Talking to Terra Bikes; Hyundai-TVS Surprises Everyone
This week, we spoke to Dylan Brown, the enthusiastic motorcyclist behind New Castle, Colorado-based motorcycle startup Terra Bikes. Also, Hyundai-TVS Micro Mobility Concepts stunned everyone at the Bharat Mobility Global Expo in Delhi last week.
Terra Bikes: The Grounds Up Scrambler
Electric mobility allows hundreds of brands to serve different flavors. After all, the joy of motorcycling should drive the industry. Last week, we sat down with Dylan Brown, the founder of Terra Bikes to check how the New Castle, CO-based startup plans to carve its niche.
Hyundai-TVS Micro Mobility Concepts
Hyundai and TVS surprised everyone at the Bharat Mobility Global Expo by unveiling two electric micro-mobility concepts - a E3W and a E4W. Both are exploring a formal joint venture for the Indian market.
Wk 3 2025 - Welcome to the new InsightEV
We transitioned to Ghost (Thank you and bye-bye Substack). Here is what we published in the last few days.
Suzuki Launches eAccess Scooter in India
Suzuki surprised everyone by introducing e-Access to the Indian market. The company's first electric two-wheeler. It is an all-new scooter that has not been caught testing earlier. Also, there are no Honda MPPs.
UBCO goes into receivership
UBCO was unique, and so was the two-wheel-drive motorcycle that they made. The receivership is a stark reminder of the perils of going too niche in a global E2W market that is yet to mature to create space for small players.
S2 Alpinsta: Would it salvage Livewire?
Livewire has further added to the S2 range with a third model. The S2 Alpinsta, the 'cheapest' Livewire, further builds on the S2 platform but is it a significant effort?
Yamaha's Blueprint for Electric
The Japanese have been distracted in the EV game even though they know the customer the most. In Yamaha's case, the investment arm has seen more action than than the OEM. Where are they headed to?
Derek Leaves Damon
The Canadian-Californian company's restructuring seems to be continuing as Derek Dorresteyn, the long-time CTO of the company is gone.
Yadea brings Sodium Ion to the market
One small step for Yadea, a big leap for the electric mobility industry. The technology comes with all the limitations we expected with Na-ion