Stay updated with breaking news from Rev Startups. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Electric two-wheeler manufacturers have seen a resurgence in sales in July and are expecting to do better as the festival season approaches, after the dent in sales in June following subsidy cuts
Only a day after the EV king, Tesla Inc (NASDAQ: TSLA) topped estimates with record second quarter deliveries and together with BYD (OTC: BYDDY) achieved record deliveries of made-in-China vehicles, XPeng Inc (NASDAQ: XPEV) showed signs of improvement and Rivian Automotive Inc (NASDAQ: RIVN) reported that it had its best quarter yet in terms of deliveries while production-wise it had its Q2 record. It Was A Great June For EV Startups Li Auto (NASDAQ: LI) delivered 32,575 vehicles in June, while
Arkam Ventures: Through the fund, the firm will make investments in Series A and Series B start-ups, with a focus on emerging sectors like electric vehicles and manufacturing technology
At least 15 EV startups, with varying technologies and business models, are working on various charging solutions, including stations, equipment and software.
While the companies have not shared the impact of the price revisions, industry observers says there will be marginal impact on sales growth over the next two to three months