Mobility

China is tightening regulations for the country’s sharing economy.

Earlier this month, Ola launched its two-wheeler EV Ola Scooter and ventured into the used car retailing space.

The company delivered a quarterly record of 17,575 vehicles in Q2 and is targeting lower-tier cities to expand its retail network.

Xpeng Motors completed an IPO in Hong Kong in July to raise funds for R&D advances and sales expansions.

Indonesia has the world’s largest nickel reserves and aims to become a global EV production hub.

Human drivers may become a thing of the past.

The funding round comes less than a month after the Karnataka High Court said that electric bikes could be used as taxis for hire by passengers.

Online travel agency ixigo is one among the few internet companies to turn profitable in FY 2021.