Xiaomi EV Business is Shining, Getting More than 10 Percent of its Revenue from EV Segment

Chinese consumer electronics maker Xiaomi’s September quarter revenue was higher than expected. Xiaomi, which has a major share in the smartphone market, had entered the electric vehicle (EV) segment this year. This business of the company is growing rapidly. Xiaomi’s revenue in the last quarter has increased by about 31 percent to about $ 12.8…

Read More

Ola Electric Facing Heat of Regulators Anger, BIS to Investigate its Service Standards

Challenges are increasing for Ola Electric, one of the big electric two-wheeler companies. The notice was given due to complaints regarding the quality and delay in service of the company’s electric scooters. Bureau of Indian Standards (BIS) is going to investigate the company in this matter. Earlier, the Central Consumer Protection Authority (CCPA) had issued…

Read More

Royal Enfield to Launch Electric Motorcycle Flying Flea C6 In America before India

Royal Enfield, a manufacturer of powerful motorcycles, has introduced its first electric motorcycle Flying Flea C6. The company’s upcoming electric motorcycles will be brought under the sub-brand Flying Flea. However, Flying Flea C6 will be launched in the US and Europe before India. Siddhartha Lal, managing director of Eicher Motors, which owns Royal Enfield, said…

Read More