River plans to build a new factory, launch additional models from 2027, and target profitability as it scales production.
It's been a brutal year so far for startups, but there's light at the end of the tunnel.
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Indian EV startup River raises $120 Million to build a 700K capacity factory, launch new models, and hit profitability at 25K ...
Unsettling tariffs, fluctuating markets, and shifting public opinion have sent the all-electric automotive segment into tumult. Not only that, but the EV tax credit of $7,500 ended on Sept. 30. In the ...
While U.S. and European automakers are still spending heavily to survive the shift to electric vehicles, a new generation of Chinese EV startups has started to clear a milestone that once looked far ...
Xiaomi’s EV division achieved profitability in 19 months, nearly five years faster than Tesla, by leveraging its massive consumer electronics customer base and ecosystem. The Chinese tech giant ...
NIO Capital is a venture capital fund that is backed in part by the Chinese EV company NIO. Managing Partner Ian Zhu is very cautious on buying into any EV startups. The firm headquartered in Shanghai ...
Electric vehicle original equipment manufacturer 3EV Industries has raised INR 120 Cr (around $14.4 Mn) in a Series A round led by Mahanagar Gas Limited (MGL), while it saw participation from Equentis ...
Ather Energy, a city-based EV start-up, has introduced Pothole+ Alerts for its customers who own Gen2 scooters such as Ather ...
Electric two-wheeler manufacturer River Mobility has raised $120 Mn (about ₹1,141 Cr) in its Series C funding round co-led by ...