transportation

Ola’s Valuation Cut To Half Prior To Its EV-Market Pivot!

The valuation of Ola, the app-based ride-hailing startup unicorn, has been brutally slashed into half prior to its pivot into EV mobility market space! A recent media report found that the U.S-based investment firm Vanguard Group, one of the first...

Plagued With Bad Luck, Uber To Bid Adieu To Its Self-Driving Car Project

: Uber is selling its ATG self-driving car division to an autonomous vehicle startup Aurora Innovation, Inc., in a deal valued at about $4 billion, according to people familiar with the matter. The ride hailing company is also making a $400 million cash...

Uber To Take Auto-Rental Global: Can The Indian Success Be Replicated?

Uber, the transportation giant, is all set to take the expand the footprint of Indian-made autorickshaws and bank on their success globally too! Uber India saw an increase in users opting for Uber autos while the pandemic was in full...

$4.6 Billion Incentive For Companies To Push Electric Vehicle Adoption In India

The Electric Vehicle (EV) market in India is at a nascent stage. So far, the sales of EVs have been encouraging, albeit slow. One of the biggest reasons that have kept people away from EVs is the unavailability of...

No More Shared Rides By Ola And Uber: Suspended Until The Further Notice

India, as a whole, is being encouraged to take up social distancing in the wake of the Covid-19 outbreak to slow down its spread. The biggest ride-hailing giants operating in India Ola and Uber are now pitching in to...

Tesla In India: Ashok Leyland Sends An Invite

Elon Musk's dream to launch Tesla In India could soon be a reality. Ashok Leyland, India's largest bus maker and leading car manufacturer, has an open offer for Elon Musk that could make Tesla cars hitting Indian roads soon. Undoubtedly,...

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A Big Blow To Amazon and Flipkart: CCI Investigation To Continue

Flipkart and Amazon continue to find themselves in hot water as their plea against the investigation that is being...